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<br />I...... .-. ThII Uno F... R_ IIaIlIJ <br /> <br />DEED OF TRUST <br /> <br />88- . 108127 <br /> <br />THIS DEED OF TRUST ("Security Inltrument") ill made on November 7 <br />19 B8. The trustor ia John S. Schulte and Dianne L. Schulte, Husband and wife <br />("Borrower"). The trultee il AREND R. BAACK, do_V ("Truatee"). <br />The beneficial')' ia HOllE FEDERAL SAYINGS AND LOAN ASSOCIATION OF GRANO ISLAND, NEBRASKA, which ia <br />orpnlzed and eldsting under the IawI of NEBRASKA, and who,e addre.. il 221 SOuth LocU8l, Grand lalend, NtIbruka <br />81101 ("Lender"). <br />Bonowerowes Lender Ibe principal sum of Fourteen Thousand and no/1oo---------------------- <br />____n____________~---------- DolI"",(U.S,5 14,000.00 ). Thisdebl is evidenced by Borrower',nole <br />dated Ibe SIIII1C dalc as Ibis Security Inslrument <"Nole"), which provides for monlbly payments, wilb tbe full debl, if not <br />paid earlier, due and payable on . December 1 1992 <br />This Security Instrument secures to Lender: <a) tite repayment of the debl evidenced by Ibe Note, wilb inleresl, and all <br />ro:nowals, eXlensions and modifications; (b) tbe payment of all olher sums, wilb inleresl, advanced under par8srapb 7 to <br />protect Ibe security of this Security Instrument; and (c) Ibe performance of Borrower', covenants and asrecmenlS. For Ibis <br />purpose, Borrower irrevocably grants and conveys to Trustee:, in trust, with power of sale, tbe following described property <br /> <br />located in Hall County, Nebraska: <br /> <br />LOT ONE, WESTRoAoS ESTATES THIRD SUBDIVISION <br /> <br />HALL COUNTY, NEBRASKA. <br /> <br />wbichbu the addJeu of <br /> <br />3624 SCHROEDER AVENUE <br />[5_] <br /> <br />GRANO ISLAND <br />[City] <br /> <br />Ncbrub. 68803 ("Property Addn:a"); <br />lZip'-J <br />TooE11lEll WItH all tbe improvements now or hereafter erected on tbe propcny, and all CISCIIIents, rishts, <br />applIIteIWICeI. ro:nts, royaltiea. mineral, oil. and pi rights and profits,. water ripts and stock and all ftxturcs now or <br />benafter a put of the property. All replacements and additions.ha11 also be covered by Ibis Security Instrument. All oftbe <br />foniaalaIiI n:f'em:d to in tbis Security InItl'lllllellt as the "Property." <br />IIOaROWEIl COVENANt! that BoIrowa illawf'ully seised of tbe estate hereby conveyed and has the risilt 10 sranl <br />u4 COllY<)' the Property and that the Property Is unencumbend. ucept for encumbrances of record. Borrower warrants <br />and wiII..'ead pncraI\y tile title to the Property apinlt all c1aIlDlend demands, subject 10 any encumbrances of record, <br />THIs SEculltTY INSTItUN!NT COIIlbl_ unlfonn covenanll for national use and non-uniform covenanls wilh <br />limited variuions by jurildlction 10 COIIIIltute a unironn MCUrily instrument covcrioS real property, <br /> <br />NUltAIIlI~ F.............'..... _ _ <br />'....... .... ..... <br />,-..., <br /> <br />,.., e"!.;~ 2183 <br />