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<br />88- 103800 <br /> <br />[SpIce AIIoftI "* IJM f. bcorCIIn& DIlaJ <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST I"Security Instrument"lls made on July 13 <br />l' 88.Thetruatoris James H. Truell and Marsha K. Truell, Husband and wife <br />_________________________________ ("Borrower"l. The trustee Is AREND R. BAACK. 8ttorney("Truatee"l. <br />The beneficiary II HOllE FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA. which is <br />OI'I&Dlaed aDd existing under the Jaw. of NEBRASKA. aDd whoae addreu Is 221 South ~, Gntnd 18Iand, NebraU <br />IIH11"Lender"l. <br />Borrower owes Lender the principa1sum of For t y Seven Thousand Six Hundred and no/1 00---- ----- <br />-----------------------------geI.lan(U,S. S 47,600.00 ), This debt is evidenced by Borrower'snote <br />dated the same date u this Security Instrument ("Note"), which provides for monthly payments. with the full debt, ifnot <br />paid earlier, dunnd payable on August 1, 2018 <br />This Security IlIIlrument secures to Lender: (a> the repayment of the debt evidenced by the Note. with interest, and all <br />renew.... extensions and modifk:ationl; (b) the payment of all other sums. with interest. advanced under parqrapb 7 to <br />prntca the IeCUrity of thaa Securit)' Instrument, and (c) the performance of Borrower's covenants and asreemenh, For thaa <br />purpose. Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the followilll described propeny <br /> <br />located in Ha 11 County, Nebraska: <br /> <br />Lot Five (5). Block Two (2), West 8el Air Fourth Addition to the City of <br /> <br />Grand Island, Hall County, Nebraska. <br /> <br />which bu tbuddnuof' <br /> <br />1740 S. Ingalls <br />[StrwI] <br /> <br />Grand Island <br />[ClIVI <br /> <br />NebrMka <br /> <br />68803 <br />[lcl CodI) <br /> <br />TOOlTHY WITH all the improvemenh now or hereafter erected on tbe property. and an easements. rilhlS, <br />~mancet., rents. royaltia. mineral. oil and pi risbll and profits. water riabh and stock and All f\xtu~ now or <br />hereafter . plitt oft,be property. All n:placemenll and ..tditions .hIJl also be covered by this Security Instrument. All of the <br />forttOinl is referred to in Ihis Security IMtlUment u the "Property, " <br /> <br />BoaaoWEA CoVENANT1tbat Borrower illawfuUy Mited ohhe estate hereby conveyed and has the nshl to Branl <br />llftli convey the Property and that tbe Propaty aa UMftCumbered. exceptfOi' encumbrances of record, Borrower warrants <br />aacI wiU defeed pMraUy the title to the Property apinst all claims and demands. subject to any encumbrances of record, <br /> <br />THIS 5ECUaJTY INSTltUMENT combll'MS uniform covenants for national UJe Ind non-uniform covenants .'ith <br />limitfd variatlOl\l b)r jurildictiOfl to con,'t1tute a uniform teCurity IMtf"l.!!nent covenn. real propeny, <br /> <br />("Property Addreu"); <br /> <br />NlIRAS&A-Slnti. '.miIy-l1llllU/n4l11C UMlOItII ....~, <br /> <br />FlN'm 3021 12113 <br /> <br />,~W 1._ ........... <br />t..- fl'''' <br />