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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST ("Security Instrument") is made on September 9!
<br />19 BB ,The truBtor is Har lan R. Puncochar and Anne Mar ie Puncochar, husband
<br />and lIIife ("Borrower"). The trustee is AREND R.BAACK, dOm., ("Trustee").
<br />The beneficiary is HOME FEDERAL SAVINGS ANO LOAN ASSOCIATION OF GRANO ISLAND, NEBRASKA, which is
<br />orgaaised and existing WIder the laws 01 NEBRASKA, and whose address is 221 South Locult, Orand '"I"nd, N.b.......
<br />6IlID1 ("Leader"),
<br />Borrower owes Lender the principal sum of Nineteen Thousand One Hundred Tlllenty Tlllo and 75/00 ----
<br />____________________________ DollaIs(U.S. S 19,122.75 ), This debt is evidenced by Borrower's note
<br />dated the 5IlIIe date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not
<br />paid earlier, dueaml payable on September 15, 1992
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renew.... extensiD1l5 and modifications; (b) the payment of all other sums, with interest, advanced under pllIlIgraph 7 to
<br />pmtect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conyeys to Trustee, in trust, with power of sale, the following described pmpeny
<br />
<br />located in Hall County, Nebraska:
<br />
<br />PARCEL 1: THE SOUTH HALF OF THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER
<br />(S, NEk NEk) OF SECTION FOUR (4), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9)
<br />illEST OF THE SIXTH P.M., HALL COUNTY, NEBRASKA, EXCEPTING TRACTS AS DESCRIBED
<br />IN BOOK 94 AT PAGE 562 AND BOOK 129 AT PAGE 591.
<br />PARCEL 2: LOT FIVE (5), IN GARDEN PLACE, A SUBDIVISION OF PART OF THE NORTHWEST
<br />QUARTER OF SECTION THREE (3), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST
<br />OF THE 6TH P.M. HALL COUNTY, NEBRASKA.
<br />
<br />wbidl baa the Iddress of
<br />
<br />RR 3 Box 33
<br />I-J
<br />
<br />Grand Island
<br />1"'1Yl
<br />
<br />Nebnaka 6BBD1 ("Property AddIas");
<br />lleI CodoJ
<br />TOOETllEJt WI11I all the improvements now or hetcaIIer erected on the pmpeny, and III easements, righls,
<br />..~ renla, royoIties, miD...., oil ami pi riahlS and prolila, water rights and stock and all fillures now or
<br />_~apan ofthepropeny. All repllcemenlSand Idditionuhall also be covered by this Security 1nstrumenl, All of the
<br />foreaoin&;. referred to in this Security Instrument as the "Property,"
<br />lIoaJto-."U CoVENANTS that Borrower ia lawfully seiI<d of the estate hereby conveyed and hIS the right to grant
<br />and......, the J'roa..'"t1y and that the Property is UDellCUlllbered. eacept for encumbrances of record. Borrower wlrrants
<br />and will del'ead ...,...u} :..Ioe title 10 lhe Property apinsl all claims and demands. subject to any encumbrances of record,
<br />TtIu SECURITY INSTRlJM!.r.""': ~bines unirorm covenants (or national use and non-uniform covenants with
<br />limited variatioM by jurildiction to constitute:.. :.!rtirorm tecurity instrument coverin. real propcny.
<br />
<br />"lIRASlIA-~ <.....'p-IllIIA/ntUIC IllaFlIllIl 1IlITIlUIIPIT
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<br />'....-.cW L.- "_I-
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<br />
<br />Form 1021 J 2111
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