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88-104177 [Spice Above Thi. Line For Recllfding Oltl] DEED OF TRUST THIS DEED OF TRUST ("Security Instrument") is made on July 29, 19 88 . The trustor is Joel R. Wiegand and Terry R. Wiegand, each in his and her own right, and as spouse 0 f each other, ("Borrower"). The trustee is Earl D. Ahlschwede ("Trustee"). The beneficiary is The Equitable Building and Loan Association. ,whichisorganizedandexisting under the lawsof the State of Nebraska ,andwhoseaddressis 113-115 North Locust Street, Grand Island, Nebraska, 68801 ("Lender"'). Borrower owes Lender the principal sum of Sixty Five Thous and and no I 100 --------------------- -----------------------------Dollars (U.S. $ 65,000.00 ). This debt is evidenced by BOIrower's note dated the same date as this Security Instrument ("Note"'), which provides for monthly payments, with the full debt, ifnot paid earlier, due and payable on Augus t J, 2008 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 Thirty One (31), Hidden Lakes Subdivision Number Four (4), Hall County, Nebraska. which has the address of 240 Lakeside Drive [Street] Grand Island [City) Nebraska ("Propeny Address"); 68801 [Zip Code] TOGETHER WITH all the improvements now or hereafter erecled on the propeny, and all easements, rights, appunenances, rents, royalties, mineral, oil and gas rights and profits, waler rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BoRROWER COVENA.NTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant . and convey the Property and !hat the Property is unencumbered. except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record, THts SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by Jurisdiction to constitute a uniform security instrument covering real properly. NEBRASKA-Single Femlly-FNMAlFHLMC UNIFORM INSTRUMENT Form 3028 1U83 F"nrm 1915 I u llnonll'lt' CnU GntA' tAKFS OUSlNH::i5 'ur~MS. INt: '.MJO"':I-oaoI NlIlnlllDv . MdllUrI' '..00-31....43 :) ~