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<br />88- 105944 <br /> <br />I~ Above 1hII Une for RecordInl D.w] <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST ("Seeurity In.trument") i. made on November 3, <br />19 BB .Thetru.tori. Jay L. Hehnke and Julie O. Hehnke, Husband and Wife <br />_____________n_______n_______n ("Borrower"). The truatee ia AREND R. BAACK, attorney ("Trustee"). <br />The benefieiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, whieh is <br />organized and existing under the laWII of NEBRASKA, and whose addreSlS is 221 SOuth Locust, Grand 1.land, Nebl1l8k11 <br />81101 ("Lender"l. <br />Borrower OW5 Lender Ihe principal sum of Twenty Seven Thousand and no/1Do---n---- <br />Dollars (U.S. S 27,000.00 ). Thisdebl isevideneed by Borrower's nole <br />dated the same date as this SecurilY Inslrument ("Note"), which provides for monthly payments, with the full debt. if nol <br />paid earlier, due and payable on December 1, 2004 <br />This Security Inslrumenl secures 10 Lender: (a) the repaymenl of Ihe debl evidenced by Ihe NOIe. with inleresl, and all <br />renewals, extensions and modificalions; (b) Ihe payment of all other sums, wilh interesl, advanced under paragraph 7 10 <br />prOlel:1 the securilY of this Securily Inslrument; and (c) the performance of Borrower's covenants and agreements. For Ihis <br />purpose, BolTOwer irrevocably grants and conveys to Trustee, in lrusl, with power of sale, the following described property <br />located in Hall Counly, Nebraska: <br /> <br />Lot One (1), Block One Hundred Thirty Two (132) of Koenig and Wiebe's <br /> <br />Addition to the City of Grand Island, Hall County, Nebraska. <br /> <br />which hutheaddress of <br /> <br />Nebraska <br /> <br />6BBOl <br />(Z;PC_I <br /> <br />1005 West l~rig <br />("Property Address"); <br /> <br />Grand Isli3{C1I" <br /> <br />TOOETHER WITH all the i1'DprovelDent5 now or hereafter erected on the property. and all easements, rights. <br />appuneoances. rents, royalties, mineral, oil aod po rights and profits, waler rights and slock aod all fixlures now or <br />hm:oftera part of the properlY. All rep1accmentsand additions shall also be covered by Ihis Security Instrumenl. All oflhe <br />fDl'eioingis n:I'ened to in this Security Instrumenl as the "Property." <br />BoIlltOWER COVENANTS thai Borrower is lawfully seised of Ihe estale hereby conveyed and has Ihe righllo granl <br />and CODvey the Property aod that the Property is UDCllCumbered. except for encumbrances of record. Borrower warrants <br />ancI will defcud peraIIy the tille to tbc Properly &pinsl all claims end demands, subjecl to any encumbrances of record. <br />THIs SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with <br />limited variations by jurisdiction to constitute: a uniform security instrument covennB real property. <br /> <br />NEBRASKA-so.... F....d'-fIlIlA'...LMC UNIfOllM IN$TIIUMEHT <br /> <br />FQf"m 3028 12/113 <br /> <br />FIl\aJttWI..aw'OI'!'l'- <br />'_II" <br />