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87- 103399 [Space Above This Line For Recording Daul DEED OF TRUST May 29th, THIS DEED OF TRUST ( "Security In trument ") is made on ................................................. ............................... 87 r Dann L. McMul en and Leanne M. McMullen..HUSBAND AND WIFE AS. JOINT TENANT' AND �g�...�.. � � COT�i'0 ............................ ............................... s ............................................... (..Borrower "). The trustee is ....................................... ............................... NO1tW>:S.T..SANi�..Nk dRt3 S1CA .... NAxIA1VAL.. ASSQC. IAx�RN ............. ............................... ( "Trustee"). The beneficiary is .NMMT ..BAN &..NEBRASKA,..XATI:ONAL.. ASSOCIATION ............ ............................... which is organized and existing under the laws of.. THE.. UUiLTFA• •S.TAT"..OE••ADifi&LCA••.••.•..•. and whose address is ...................... ............................... .191.9... AQU&M ......................................................... ............................... ( "Lender "). Borrower owes Lender the principal sum of ...FIFT.EMI..MOUS. AND.. ANA.M. I.. 11J0 ......................... ............................... Dollars (U.S. S.15.,.00.0-09 .............). This debt is evidenced by Borrower's note dated the same date a' s this Stxurity Instrument ( "Note "), which provides for monthly payments, with the full debt, if not paid earlier, due and paypt:a un ....... May ..2a,...1. 892 ............ ........................ .... .... . .... . ................ . ......... I ......... ..... .... ............ This Security 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 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 irra? ably grants and conveys to Trustee, in trust, with power of sale, the following described property locatedin ........................................................................................... ............................... ........................ County, Nebraska: THE EASTERLY FIFTY NINE AND THIRTY FIVE ONE HUNDREDTHS (59.35) FEET OF LOT SIX (6), BLOCK SIX (6), IN WESTERHOFF'S FIRST SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, EXCEPT THE SOUTHERLY THIRTY (30) FEET THEREOF DEEDED TO THE CITY OF GRAND ISLAND FOR STREET PURPOSES. which has the address of .. ....... 1608 NORTH HANCOCK GRAND ISLAND ................................. ............................... ............................... ............................... [street] [City] Nebraska ................. ...... 6W$ ..................... ( "Property Address "); [zip code] TOGETHER WtTH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter apart of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and 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. THis SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. NEBRASKA -- stogie ramiq— FNMAMNLMC UNIFORM INSTRUMENT Fortn 3028 12/83 NC 62333 LINO ,R