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<br />[SPJlce AboYr Thi!. Line Fvr R~vrdinl Datal <br /> <br />88- 106517 <br /> <br />DEED OF TRUST <br /> <br />TlUSDEEDOFTRUST r'Securi.ylnstr men''') is made on NDvember 30 <br />19 88 . The.rus.oris RDbert H. KrDhn and CDnnie K. Krohn, husband and wife <br />("Borrower"). The trustee is <br />Norwest Bank Nebraska, NatiDnal AssociatiDn ("Trustee"). The beneficiary is <br />Norwest Bank Nebraska, National AssDciatiDn ,whichisorganizedandexisting <br />under the laws of The United States Df America ,and whose address is 202 West Third Street, <br />Grand Island, Nebraska 68801 ("Lender"). <br />Borrower owes Lenderthe principal ,urn of Thi rty-seven Thousand Si x Hundred and noIlOOths------- <br />--------------u------------Dollar.; (U.s. $ 37,600,00 ). Thi,debt is evidenced by Bnrrower's nn'e <br />dated the: same: dale: as this Security Instrument ("Note"), which provides for monthly payments. with the full debt. if not <br />paid earlier. due and payable on December 1, 20 lB. <br />This Security Instrument secures to Lender: (8) the repayment of the debt C101denced by the Note. with interest, and all <br />renewals, eXLens10ns and modifications; (b) the payment of all other sums. with interest. advanced under paragraph 7 to <br />protect the sccurity of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpose. Borrower irrevocably grants and conveys to Trustee, in trust. with power of sale. the following described propcny <br />located in Ha 11 County. Neb~ <br /> <br />Lot Twenty-three (23), WD 1 fe's Subdi vi s i Dn in the City of Grand Is 1 and, <br />Hall CDunty, Nebraska. <br /> <br />TMIS IS A PURCHASE MONEY DEED OF TRUST. <br /> <br />whicb has the address of <br /> <br />418 Kennedy Court <br />(Street) <br /> <br />Grand Island <br />[Cltyl <br /> <br />NebTaska <br /> <br />68803 <br />(ZIp Code) <br /> <br />("Propeny Address"); <br /> <br />TOOETHER WITH all the improvements now or hereafter erected on the property, nnd nil easements, rights, <br />appurtenances. rents. royalties. mineral, oil and gas rights and profits, water rights and stock nnd all fixtures now or <br />herealler a pan of the property. AD replacements and additions shall also be covered by this Securi.y Instrument. All oftlte <br />roregolnl is referred to in this Security Instrument as the "Propcny. II <br /> <br />BoIlROV/ER. COVENANTS that Borrower is lawfully seised of the estate hereby conveyed Rnd has the righl to grant <br />and convey the Property and that the Property is unencumbered. CICept for tlncumbrancl!S of record. Borrower warrants <br />and will defend aenera1ly the title: to the Property against all claims and demands. subject to any encumbrances of record. <br /> <br />THIS SECURITY INSTRUMENT combines uniform covenants for nalional use and non-unifnrm covenan1s with <br />limited variations by jurisdiction 10 constilute B uniform security instrument covering reol propc=rty <br /> <br />NE8IIASlA-slnalo famll)'-fNIlA'f1fLMC UNIFO.... IItITftuIIENT <br /> <br />NIS lIMN! <br />Form 3028 12/lU <br /> <br />~~:,,~. '..,m," <br />