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'W, Sg -Ui /�••� is ry ,n —1 ee Ab.. IN. tine Fa R*W4in, D.1.1 I, 2147473 DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument -) is made on April 24 (9 87 The Trustor is Ray M. Saunders and Rae Ann Saunders The Trustee is ers (e� Husband and Wifrtvwer "). Occidental /Nebraska \ o Federal Savings Bank ("Trustee "). The Beneficiary is \� Occidental /Nebraska Federal Savings Bank which is organized and existing under the laws of Nebraska and whose address is .. 11704 W. Center Road Omaha, NE 68144 ( "Lender "). Borrower owes Lender the principal sum of a Fifty Seven Thousand Six Hundred and no 1100 -------------------------------- Dollars $ N(U.S. 57600.00 ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note''), which provides for y monthly payments, with the full debt, if not paid earlier, due and payable on May 1 This 2017 Security Instrument secures to Lender: (a) the repayment .1 of the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's 0 com'enants and agreements. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust. with power of sale, the following described property located in Hall County, Nebraska: Lot Thirteen (13), Sussex Place Subdivision, said Subdivision being a traqct of land;; comprising the North Half of the North Half of the Southeast Quarter (N1/2 N1 /2 SEL /4); the North Half of the South Half of the North Half of the North Half of the Southeast Quarter (N1 12 S1 /2 N1 /2 N1 /2 SE1 /4) and the South Half of the Northeast... Quarter 01 12 NE1 14), except the North Sixty ZN 60) Acres thereof, all in Section Eleven (11), Township Eleven (11) North, Range Hall County, Nebraska. Ten (10) West of the 6th P.M., in u: z� r I which has the address of 4079 Canon Road Grand Island Nebraska 68803 ( "Property Address -); car' t j ~ ToaET"" WITH all the improvements now err hereafter erected on the e , r1m, royaltra, mineral. oil and gas tights and property, and all easements, rights, herufW a part of the profits, water rights and stock and all fixtures now or Property. rep{nsinunes and also be coveted by this Security Instrument. All offloifts & referred to in this Stddtrtry "Pro cu lrtatruaaent as the " of the the Property." erty � BO KMER CovENANN" that Borrower is lawfully seised of the estate hem can o Me Property OW that the y conveyed and has the right to grant and Property unencumbered, adapt for encumbrances of record. Borrower warrants and will g the title to the Property against ck and rletttattds, subject to any encumbrances of record. THN qWmffy INSTRVNIENT combines uniform covenants for national i wariati use and rem- uniform covenants with limited by 3 lost to constitute a uniform purity instrument r covering feat property. i NVISRA8ILA —Sdnpk Fymfiy..- lNMA %!'Mt.Nf t %NlitNtAt INYTROMF:NT F