88106092 - Laserfiche WebLink

Browse

(SPK' Abave Thia Line For Recordinl D.tlJ 88- 106092 DEED OF TRUST THIS DEED OF TRUST ("Security Instrument'" is made on November 7 1988.Thetrustoris Donald D. Deitchler and Marvelyn 1. Deitchler, Husband and Wi fe ("Borrower"). The trustee is AREND R. BAACK, attorney ("Trustee"). The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, which is organized and existing under the laws of NEBRASKA, and whoae addreaa I. 221 South Locu., G..nd IlIand, Nabnlalul 68801 ("Lender"). Borrower owes Lenderthe principal sum of Thirty 5ix Thousand and nO/1 DD------------------- _________________________ DoUars(U.S. $ 36,DDD.DD ). This debt is evidenced by Borrower's note dated the ssme date as this Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on December 1, 1 998 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensinns and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the perfonnance of Borrower's covenants and alll'ccments. For this purpose. Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described propeny located in Hall County. Nebraska: Lot Five (5), in 810ck Dne (1), in Pleasant View addition to the City of Grand Island, Hall County, Nebraska. Nebraska ~~~] 8D4 Pleasant View Drive (S....I ("Propeny Address"); Grand Island [Clly) which bas the address of TOGETHER WITH allth. improvements now or hereafter erected on the property, and all casements, rights, appurlellsnces, rents. royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a pan of the propeny. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Propeny." BoRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and bas the rigbtlo grant and convey the Property and thatth. Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend gmera\ly the tiDe to the Property against all e!aims and demands, subjectt. any encumbrances or record. THIS SECURITY INSTRUMENT combines uniform covenants ror national use and non-unirorm covenants with limited variations by jurisdiction to constitute a unifonn sa;urity instrument covering real propeny. NEBRASKA-slnalo Fomlly-fNllA/fHUIC UNlfOllM INSTRUMENT FInenc~ Ltw ~.. Fonn"l! Form' 3021 n 183 ' . )