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<br />THIS DEED OF TRUST ("Security Inotrumeot") io mode on September 20 -t!
<br />19 88 ,Thel1'ultor is 8ruce A. 8unde and Margaret E.. Bunde, Husband and Wife V
<br />("Borrower"), The trustee 10 AREND R. BAACK, lltOmey ("Trustee").
<br />The beneficiary II HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is
<br />organized and existing under the laws of NEBRASKA, and whose address ill 221 South Locult, Grand laland, Nebra.ka
<br />88801 ("Lender"),
<br />Borrowcr owes Lender the pril\cipal sum of Nine Thousand twenty one and 48/100------------
<br />_____________________________ DoIIan(U,S, S 9,021 .46 ), This debt is evidenced by Borrower's nole
<br />dated the same date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and paYlble on Sep.tember 25, 1991
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other sum', with interest, ad.anced under paragraph 7 to
<br />prolect the security of this Security Instrument; and (c) the performance of Borrower's co.enants and agreements, For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trusl, Wilh power of sale, the following described property
<br />
<br />located in Hall County, Nebraska:
<br />
<br />[Space ..... _ Uno For R_ 0"'1
<br />
<br />Lots Sixteen (16) and Eighteen (18), 810ck One (1), in University Place, an
<br />
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<br />Addition to the City of Grand Island, Hall County, Nebraska.
<br />
<br />Nebruka
<br />
<br />6B803
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<br />TOGEtHER WITH all the improvcmenlS I\OW or hereafter erected on the property, and all easements. rights.
<br />appurlCIlIiIces. rents, royalties, mmcrai, oil and gas righlS and profits, waler rights and ,tock Ind all fiXlures now or
<br />bet'eaf\er. part of the property, All replacemenlS and additions shall also be covered by this Securily Instrument, All of the
<br />foregoing is referred to in this SecurilY Instrumentl!l the "Property,"
<br />BoRROWER CoVENANTS that Borrower is lawfully seised of the estale hereby conveyed and has the right to grant
<br />'and COIIvey the Property and that the Propert)' is unencumbered, except for encumbrances of record, Borrower warrants
<br />and will defend genera1ly the title to the Property against all claims and demands, subject to any encumbrances of record,
<br />THIs SECURITY INSTRUMENT combines uniForm covenants for national use and non-unlform covenants with
<br />limited variations by jurilCliction to constitute a uniForm security instrument covering real proper1y.
<br />
<br />2405 N. Howard
<br />{......J
<br />("Property Addr.....);
<br />
<br />,Grand Isla"~Cltyl
<br />
<br />which bas the address of
<br />
<br />NEBRASKA-Sinato Famll)'-fNIlA/FH1MC UNIFORM IIlSTIIUIIEHT
<br />
<br />Form 3021 12/13
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