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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST ("Security Instrument") is made on July 25
<br />19 86- The trustor ill Dale F. Beckman and Kar leen K. Beckma[l, Husband and Wi fe "I
<br />("Borrower"). The trustee IS AREND R.1I0CK, iItIOmey t"Trustee .
<br />The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which ill
<br />organiRd and existing under the laws of NEBRASKA, and whose address is 221 South Locu8t, Gl'llnd IlIend, Nebruka
<br />18101 t"Lender"l.
<br />Borrower owes Lendertheprincipalsum of Twenty Two Thousand Seven~y ami 75/100------------
<br />---------__________________ Dollan(U.S. S 22 070.75 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ("Note"), whi~h provides for monthly payments, with the full debt, if not
<br />paidearlier,dueandpayab1eon July 29, 1995
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by Ihe Note, with interest, and all
<br />renewals, ClltensiOns and modifications; (b) the payment of all other sums, with interest. advanced under paragraph 7 to
<br />prou.:t the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described propeny
<br />
<br />located in Hall County, Nebraska:
<br />
<br />A tract of land in the Northwest Quarter of the Northeast Quarter of Section 10,
<br />Township 11 North, Range 9 West of the 6th P.M., Hall County, Nebraska, more part-
<br />icularly described as follows: Beginning at the Northeast corner of the Northwest
<br />quarter of the Northeast Quarter of said Section 10j thence running southerly at
<br />an angle of 90025'25" on the east line of said Northwest Quarter of the Northeast
<br />quarter 160.01 feet to a point on the north right-of-way line of the City of Grand
<br />Island Storm Sewerj thence running westerly and southwesterly on said right-of-way
<br />on a curved line having a radius of 283.85' for a distance of 252.49' to a point;
<br />the chord for said curve having an internal angle of 124026'45" with the previous
<br />course and a length of 244.25 feet; thence running northerly, at an angle of 55033"
<br />15" to the chord of the previous course, a distance of 399.62 feet to the north
<br />line of said Section 10; thence running easterly at an angle 89034'35" on said
<br />north line of Section 10 a distance of 201.39 feet to the point of beginning; said
<br />tract containing 1.42 acres more or less.
<br />
<br />which baa the addreu of
<br />
<br />1631 East Capital
<br />[5""'1
<br />
<br />Grand Island
<br />(CIty)
<br />
<br />Nebruka 68801 ("Propeny Address");
<br />[Zip Code)
<br />
<br />TOGETHER WITH all the improvementl now or hereafter erected on the propeny, and all euements, rilhts,
<br />appurtenancel. rents, royalties, mineral, oil and pi rights and prollts, water rights and stock and all filltures now or
<br />hereafter a part ofthe propeny. All replacements and additions shall also be covered by Ihis SecurilY Inslrument. All oflhe
<br />rorqoilll it rdem:d to in this Security Instrumenl u the "Propeny. "
<br />
<br />lIoRaowEa COVENANTS that Borrower is lawfUlly seised or the eslale hereby conveyed and has Ihe right 10 grant
<br />and ccmft)' the Property and that the Propeny II unencumbered, except for encumbrances or record. Borrower warrants
<br />and will defend amerally Ihe Iltle to the Property aplnst III claiml and demands, subjecl 10 any encumbrances of record.
<br />
<br />THIS SECUIlITY INSTRUMENT combillft uniform covenants ror national use and non. uniform covenanls wilh
<br />limited varlatlOftJ by jurlsdicllon 10 conslitut'l! a unirorm security Instrumenl covering reAl properly
<br />
<br />NllltAIKA-Sinllle femll,-fNMA"HlIIC UMI'CUltII ....'IlUMIN'
<br />
<br />form 1021 1211)
<br />
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