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<br />88- 106701 <br /> <br />[ap.. Abaft TNa LM For Recordtnl Datil) <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST I"Se.urity I..trument'" is made on Decemb..r <br />19 88 . The trustor Is Dennis A. Shepherd and Esther L, Shep.herd.. H~!;b.and and <br />Wife ("Borrower"), The trusteo is ARENu R. BAACK, .uamey 1''Trustee''). <br />The benefi.iary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, whi.. is <br />organized and existing under the Jaw! of NEBRASKA, aud whose address is 221 South Loculi, Grand IlIand. Nebraaka <br />8l11011"Londer"). <br />Borrower owes Lenderlheprincipal sum of Eight Thousand Three Hundred Twenty Five and no/loo------ <br />___ _______________________ Dollars (U.S. S B, 325.00 ). This debt is evidenced by Borrow.r's nole <br />daled the sam. date as this Security Inslrum.nt ("Note"), which provides for monlhly paymenlS, wilh the fuU d.bt, if not <br />paid carn.r, due and payable on January 1, 1 994 <br />This Securily Inslrum.nl secures to Lender: (a) the repaymenl of the debl evidenced by the Note, with inlerest, and all <br />renewals, exlensions and modifications; (b) the payment of all other sums, with interesl, advanced under paragraph 7 10 <br />prolect the security ohhis Securily Instrument; and (c) the performance of Borrower's covenants and agreements. For lhis <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following describ<d property <br />localed in Hall County, Nebraska: <br /> <br />Lot Three (3) in Block Ten (10) in Gilbert's Second Addition to the City of <br /> <br />Grand Island, Hall County, Nebraska. <br /> <br />which hU Ibe address of <br /> <br />1013 West 14th Street <br />is_] <br /> <br />Grand Island, <br />iCily] <br /> <br />Nebraska <br /> <br />68801 <br />iZip '-1 <br />TOGETHER WITH all the improvements now or bereafter erected on tbe property, and all ....m.nts, rights, <br />appurtenan_ rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixlUres now or <br />hensller apOrt oflbeproperty. All replacemenb and addilionsshall also be covered by Ihi. Security In.trumen!. All oflhe <br />foregoing is referred 10 in this Securily Inslrument as lh. "Property." <br />BoRII.OWEII COVENANn thai Borrower is lawfully seioed oftbe estale hereby eonveyed and has Ihe righl to granl <br />and CXlIIVO)' the Property and lbat the Property is unencumbered. excepl for .ncumbrances of record. Borrower warrants <br />and will defend generally lb. titl.lo the Property againsl allclaiml and demsnlls, subject to any .ncumbrances of record. <br />TIDS SECURITY INSTRUMENT combines uniform covenanb for nltional use and non.unironn covenants with <br />UmilCd 'Variations by jurisdiction to constitute I uniform security instrument covering real property. <br /> <br />("Property Address"); <br /> <br />NEIltASKA-soncIo .....,'r-F"IlA/FMUIC UIl!FllllM 'IlITIIUI.tIIlT <br />I"Ift8IICIal ~ 'omt.- <br />"_'111 <br /> <br />Form 30211 12/13 <br />