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c =;i cn e � ) Cri r� (fie Abe" TM Lim For Receding Data] � s DEED OF TRUST li ILI _ THISDEEDOFTRUST ( "Security Instrument") is made on April 8 --�� 1987 . Thetrustoris William Dewhurst and Mary Lou Dewhurst, husband and wife ( "Borrower "). The trustee is Norwest Bank Nebraska, National Association ( "Trustee "). The beneficiary is Norwest Bank Nebraska, National Association which is organized and existing under the laws of The United States of America and whose address is 202 West Third Street, Grand Island, Nebraska 68801 ( "Lender "). Borrower owes Lender the principal sum of Seventy —one Thousand and no/100ths ----------------- --------------------° Dollars (U.S. S 71, 000.00 ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and payable on May 1, 2017. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewaK extensions and modifications; (b) the payment of ail other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and(c)the performance 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 property lk located in Hall County, Nebraska I E� Lot Twenty —seven (27), Block Four (4), in Replat of Riverside Acres, an Addition to the City of Grand Island, Hall County, Nebraska. which has the address of 2704 Cottond) Road GrV-d] Island Nebraska 6818M1 ( "Property Address "); TooETHER WITH ail the improvements now or hereafter erected on the property, and all easements, rights, appurt rents:, royaltim mirmal, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the is referred to in this Security Instrument as the "Property." ROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant antl convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THM SECURMY INSTRUMENT combines uniform covenants for national use and nonuniform covenants with hametl variations by jurisdiction to constitute a uniferrm security instrument covering real property, NIS 116414r NJ9R#W_. family- 4"MA /t'fpuc tW91Ntt g1l3TRUM[NT form 3038 17/83 rte.', Lxw r•� ,� �a Y M