<br />88- 105564
<br />
<br />[SpIa Aberle 1hiI liw For R-=rdInC Dm]
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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST (USeeurity InstrumentU) is msde on October 17
<br />19 88, Tbe trustor is 8rian S. Norton a single person and Lisa 'J. Nissen, a single
<br />person _________________________ IUBorroworu,. The trustee is AREND R. BAACK, a1tDmtly(UTrusteeU),
<br />The beneficiary io HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, whicb is
<br />organized and existing under the law8 of NEBRASKA, and whose address i!!l 221 South LocUli, Gl'llnd .aland, Nebralk8
<br />1IU01 (ULender"',
<br />BormweroweH,enderthe principal sum of Twenty Four Thousand Eight Hundred and naIl 00--------
<br />_________uu________________ DoUars (U,S, S 24,800.00 ), This debt is evidenced by Borrower's note
<br />dated the same date as Ibis Security Instrumenl ("Nole"), whicb provides for monlbly payments, wilh Ibe full debl, ifnol
<br />paid c:arlier, due and payable on November 1, 2008
<br />This Securily Inslrument secures 10 Lender: (a) lb. repaymenl of the debl evidenced by lbe Nole, wilb inleresl, and all
<br />renewals, extensions and modifications; (b) the paymenl of all olber sums, wilb inleresl, advanced under paragraph 7 10
<br />prolecl the security of this Securily Inslrumenl; and (e) the performance of Borrower's covenants and ap=nen\S. For Ihis
<br />purpose. Borrower irrevocably grants and conveys 10 Truslee, in lrusl, wilh power of sale, lh. following described property
<br />localed in Hall Counly, Nebraska:
<br />
<br />Lot Four (4), in Block Seven (7), in Claussen's Country View Addition to the
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<br />City of Grand Island, Hall County, Nebraska.
<br />
<br />N........
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<br />which ba the oddraa of
<br />
<br />68801
<br />IZlo Cado)
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<br />91 S South Vine
<br />15_1
<br />
<br />("Property Address");
<br />
<br />Grand Island,
<br />(City)
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<br />TOOETHEJ. WITH all the imprOYClllents nOW or hereaf\c:r erected on Ihe property, and all eo5eI1lenb, rights,
<br />appartawICCI. rc:nb, royallic:l, mineral, oU and pi ri&hll and proBII, waler ri&hts and slock and all Bxtures now or
<br />bereallen 1*1 oflbe properly. All replacc:menll and additionslball also be covered by this Securily Inslrumenl, All orlhe
<br />fonealq is referred loin Ibis Securily Inslrumenl as tile "Propc:ny."
<br />
<br />lIllIlaowu CoVENANTS thalllorrowc:r is lawfully ICiIed of Ihe estale hereby conveyed and has Ihe right to granl
<br />_ ....wy tbe Propc:ny _ thaI the Propc:ny is unencumbered, c:uept for encumbrances of record, Borrower warranb
<br />_ wlIi defeDd pneralJy tho title 10 lbe Propc:ny _I all claims and dCllWlds, subjeol to any encumbrances of record,
<br />
<br />THD SECUaITY INSTRUMENT combines unirorm covenant! for nlliona1 use Ind non.uniform covenants with
<br />Ilmilc:d varialionl by Jurisdiction 10 conslilute a unirorm lClCurilY inslrumenl coverin. real property
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<br />NlIRAIKA 1_ r....ly-fNMA/_ _ ...-..r
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<br />fonn l021 12'83
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