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[Space Above Thll Une For Recordinl DoIt_] . no ff CO eo(/) " CD ~SfJ~~ [ :z .... oc: ~~~~~ '" <.D - ::r r-;;o <:) ~ is r-)>. en ~ Wa '" :I> :;1 ~..... ..... en en \ \~ ., .. \ DEED OF TRUST THIS DEED OF TRUST ("Security Instrument") is made on November 25, 1988 . The trustoris Kenneth H. Koepke and Geraldine E. Koepke, each in his and her own right, and as spouse of each otherl"Borrower"). The trustee is Earl O. Ahlschwede ("Trustee"). The beneficiary is The Equitable Building and Loan Association , which is organized and existing under the laws of the State of Nebraska ,and whose address is 113-115 North Locust Street, Grand Island, Nebraska, 68801 ("Lender"). Borrower owes Lenderthe principal sum of Thirty Thousand and no/l00 ------------------------- --------------------,----------Dollars (U.S. $ 30.000.00 ). This debt is evidenced by Borrower's note dated the same date as tbis Security Instrument ("Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on Oecember 1, 2008 This Securit}' Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sum~, with interest, advanced under paragraph 7 to protect the security ofthis Security Instrument; and (c) the petformance of Borrower's covenants and agreements. 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 One (1), Kuester's Lake, a part of the East One Half of the Southwest Quarter (~~S~~) of Section Thirteen (13), Township Eleven (11) North, Range Nine (g) West of the 6th P.M., Hall County, Nebraska, being more particularly described as follows: With reference to the Northeast corner of said ~S~ (the center of the section); thence running westerly on the North line of said ~S~ bearing NOO degrees 00'00" West a distance of 699.12 feet; thence running Southerly bearing S 01 degrees 29'33" E a distance of 39.24 feet to the point of beginning; thence continuing southerly on afore said line a distance of 187.80 feet; thence bearing S 87 degrees 10'39" E a distance of 44.00 feet; thence bearing N 22 degrees 4B'56" E a distance of 37.00 feet thence bearing N 34 degrees 49'32" E a distance of 24.00 feet; thence bearing N 61 degrees 59'44" E a distance of 24.00 feet thence bearing N 00 degrees 35'37" E a dis- tsnce of 51.65 feet; thence N 89 degrees 24'23" E a distance of 24.00' thence N 00 degrees 35'37" E a distance of 70.00 feet; thence N 87 degrees 46'08" W a distance of 75.40 feet to the point of beginning, wbich has tbe address of #27 Kuester's Lake, {Street) Grand Islal~;~1 Nebraska 68BOl ("Properly Address"); (2Jp~l TOGETHER WITH all the improvements now or hereaner erected on the properly, and all easements, rights, appuncnana:s. rents, royallies, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or bereaIIt:r a pan oftbe propeny. All replacements and additions shall al50 be covered by this Security Instrument. All of the foregoing is referred to in thisSecurily Instrument as the "Propeny'" BoRROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Properly and that the Propeny is unencumbered, except for encumbrances of reeDn!. Borrower warrants and will defend generally the title to tbe Propeny against all claims and demands. subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non~unifonn cO\'cnants with limited variations by jurisdiction to conslitute a uniform security instrument co\'cring real propeny. NEBRASItA-Slncio rom"r-f'lMAlFHLMC UNIFORM INSTRUMENT FDr~ 3028 12/83 Te nru-m", coal cnAT IA_fS FlUSMS!> I~~; 1M ,........~4ICtII"...l<~.....t~".~.......1 ...