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<br />s ~ THIS DEED OF TRUST ("Se,urlty Inslrument"lls mode on September 14
<br />~ ,'l 19 88.Tbetru5toris Raymond J. O'Connor and Jennifer S. O'Connor~.Husband
<br />r ~ and Wife ("Borrower"), The truslee is AREND A. BAACK, _.\1 ("TrUltee"),
<br />'- The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, whieh is
<br />{~ organized and exiotiog under tbe IlwI or NEBRASKA, oDd whose addre.. is 221 Soulh Loeuat, Grand IIi.nd, N.bra....
<br />f ,,~888011"Lender"),
<br />~ ~- Borrower owes Lender the principol sum or Twenty Thousand and no/100-----------------____
<br />~ ~ ------------------------ DoI1ars(U,S,S 20,000.00 ). This debt is evidenced by Borrower's nole
<br />~ ~ dated the same dale os this Security Instrument ("Note"), which provides for monthly poyments, with the rull debt, if not
<br />\ paidcorller, dueand payable on January S, 1991
<br />This Security Instrument secures 10 Lender: (a) lhe repayment or the debl evidenced by the Note, with interest, and 011
<br />renewals, extensions and modifications, (b) the plyment or 011 other sums, with interest, od.anced under parograph 7 10
<br />protec:tlhe security or this Security Instrument; and (e) the performance of Borrower's co.eoaots and agreements, For this
<br />purpose, Borrower irrevocably grants and conveys 10 Trustee, in trust, with power or sale, the following described property
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<br />located in Hall COImty. Nebraska:
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<br />DEED OF TRUST
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<br />Lot Twenty (20l,except the Northerly One (1) foot thereof; all in Holcomb's
<br />Highway homes, a Subdivision of part of the Northeast Ouarter of the Northeast
<br />Ouarter (NE!;NE!;) and part of Lot four (4). Mainland, all in Section Twenty-
<br />Eight (28), township eleven (11) North, Range Nine (9) West of the sixth
<br />Principal meridian, Hall County, Nebraska.
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<br />which bu theaddn:ss or
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<br />2412 South Locust
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<br />Grand Island,
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<br />NeInsb
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<br />6BfliIa Codol
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<br />("Property Address");
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<br />TOGE11IER WITH all the impro.ements now or hereafter erected on the propcny, and oil easements, rights,
<br />oppunetwlC:a. rents, royalties, mineral, oil and gas rigbll and profits, water rights and stock and 011 fixtures now or
<br />hereafter. part oftbe property. All replacements and additions sba1J also be covered by this Security Instrument, All oCthe
<br />forqoinJ is referred 10 in thisSccurity Instrument as the "Property."
<br />&oUOWER CoVENANTS that Borrow... is lawfully seised of the estate hereby conveyed and bas the rigbtto grant
<br />and eaavey the Property and I t,at the Property is unencumbered. except for encumbrances of record. Borrow~r warrants
<br />and will defead p:aeraIIy the ",ie 10 the Property qainst all eIaims and demand5, subject 10 any encumbrances ofn:eord.
<br />THIs SEcuutY INSTRUMENT combines uniform covenants for national use and non.uniCorm covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real propeny
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<br />NEBRASKA-Son... r.m"r-'MMA/fMl.lIIC UNIfOMl IIdTIIUIIWlT
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<br />'_1111
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<br />Form 3021 12,13
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