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<br />DEED OF TRUST
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<br />THIS DEED OF TRUST ("Security Instrumcnt") is made Dn October 12
<br />19 88 ,The trustor is Charles E. Hoops and Del~" R. Hoops Husband "nrl, Ii/if"
<br />_____________________________ ("Borrower' J. The tru!tee i~ ARENIJ"R; S1UlC~ iitfomey ("Trustee").
<br />The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA. which is
<br />organized and e:dating under the laws of NEBRASKA. and whose address ill 221 South L.ocull, Gl1Ind 1111nd, N.b....ka
<br />lIlIlIOl ("Lender").
<br />Borrower owes Lender the principal sum nf Forty Thousand Two Hundred Fifty and no/1oo-----
<br />_________________________ Dollars (U.S, $ 40 250.00 ), This debt is evidenced by Borrower's nOle
<br />dated Ibe same dalC as this Securily Instmment ("Note"), wb~cb provides for monthly payments, with lbe full debl, if nol
<br />paid earlier, due and payable on October 20, 1989
<br />This Security Instrument secures 10 Lender: (a) l!te repayment of the debt eVIdenced by tbe Note, wilb interest, and all
<br />renewals. extensioDs and modifications; (b) the: payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the: security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Truslee, in trust, with power ofsalo. tbe following described property
<br />
<br />located in Hall County, Nebraska:
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<br />LOT ThJo (2) AND THE EASTERLY FIVE (5) FEET OF LOT THREE (3) IN 8LoCK ONE (1),
<br />IN FIRST ARTISTIC HOMES, ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />
<br />NE8RASKA.
<br />
<br />AND
<br />LOTS FIFTY FIVE (55) AND FIFTY SIX (56) 8ELMoNT ADDITION TO THE CITY OF GRAND
<br />
<br />ISLAND, HALL COUNTY, NE8RASKA.
<br />
<br />wbicb hu the oddresa of
<br />
<br />216 W. Phoenix and 622 North Carey,
<br />[Street)
<br />
<br />grand Is land
<br />(City]
<br />
<br />NebruIta 66601 & 68803 ("Property Address");
<br />1Z;. Code)
<br />TooETllElt wlrn all the improvcments now or helSf\er er<cted on tbe property, and all casements, rights,
<br />appurtetwtces. rents, royalties, minerai, oil and gas rights and proHts, water rigbts and stock and all fixtures now or
<br />bereaftcr. put oftbe property. All replacements and additions shall also be covered by tbis Security Instrument All oftbe
<br />forqaiDI is refermlto in this Security Instrument as the "Property,"
<br />BoU.OWER COVENANTS that Borrower is lawfully seised of tbe eslate bereby conveyed and has tbe rigbt to grant
<br />and l:OIIl/e)' the Property and that the Property is unencumbered, except for encumbrances of rccord, Borrower warrants
<br />and will defend..,....ny the title to the Property apinat all clairm and demands. subject to any encumbrances of rccnrd,
<br />THIS SECUlltTY INSTR.UMENT combines uniform covenants for national use and non.unifonn covenants with
<br />limited variations by jurisdiction to constitute I unleorm leCurity instrument coven"g real property
<br />
<br />NElIltASKA-Smclo F.rr,,'~I_ UNI'OlIM INSTtlUIIDIT
<br />
<br />fDfm lOZI 12'13
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