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<br />88- 105564 <br /> <br />[SpIa Aberle 1hiI liw For R-=rdInC Dm] <br /> <br />DEED OF TRUST <br /> <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 <br /> <br />City of Grand Island, Hall County, Nebraska. <br /> <br />N........ <br /> <br />which ba the oddraa of <br /> <br />68801 <br />IZlo Cado) <br /> <br />91 S South Vine <br />15_1 <br /> <br />("Property Address"); <br /> <br />Grand Island, <br />(City) <br /> <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 <br /> <br />NlIRAIKA 1_ r....ly-fNMA/_ _ ...-..r <br /> <br />fonn l021 12'83 <br /> <br />.--.... ~ .-- <br />'_""1 <br />