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~\:j '1 <C. .~ " ~ {; ." i'~ \ 0' .\\',\ ", l\ I)'" ", ~ (J) " = = ~ ~ Oc.n 0-1 I ::::;:r:- ~ n1 S!2.: -<0:2 -_ ~-'1if~1 iii' :r; ~ a. Ii ~ I--' lit ~~e. 0 ~ ]~ .~l... t;j ~ a rv CD -0 :::r ....., [$pKe Aba.. ThIa LIne For Recordlnl Dua] ....., (l) DEED OF TRUST .. ~ . - , . )t . ~ ;Q )- (l -t THIS DEED OF TRUST ("Security Instrument'" is made on June 29 1988 . The trustor is Christine M. Gebhard, a single person ("Borrower"l. The trustee is AREND R. BAACK, lIttomey ("Trustee"). The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is organized and existing under the laws of NEBRASKA, and whose address is 221 South Locum, Grand laland, Nebruka 88801 ("Lender"). Borrowerowe$ Lender the principal sum of Thirty Four Thousand and no/100---------------------- ------------------------- Dollars(U.S.$ 34,000.00 ). Thisdcbt is evidenced by Borrower's note dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on J ul y 1, 2003 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee. in trust, with power of sale, the following described propeny located in Hall County, Nebraska: Lot Six (6) in Block Five (5) in Ashton Place, and Addition to the City of Grand Island,Hall County, Nebraska. which has the address of 2221 West Charles [51_I] Grand Islaod. [Clly] Nebraska 68803 ("Propeny Address"); [ZIp Code] TOOETHER WITH all the improvements now or hereaf\er erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits. water rights and stock and all !b;tures now or heteafter. part oftbe property. All replacements and additions shall also be covered by this Security Instrument. A.ll ofthc forepin. is ref'erred to inlhil Security Instrument IS the "Propeny." BoIlROWER COVENANTS that Borrower illawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record, Borrower warrants and will defend aenerally the title to the Property apinst all claims and demands, subject to any encumbranc;es of record, THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-umform covenants with limited variations by jurildictlon to constitute a uniform security instrument covering real property. NEBRASKA-Sinp F.mU~A"HLMC UNIFORM INlTltUMINT Foom J021 U I U II'ltt~I.1 ~. (IIorm." 'orm "I1S