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t' 4:Y) • ^� rty ev1 9 �] YT t 0 t : a !ti J) ISpea,Above this use For aewrdlor Deal 21804501 DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument ") is made on September 2 19 87 95/ The Trustor is Vernon D. • Penas and Patricia N. Penas Husband and W %'fhlbrrcwer "), \ The Trustee is Occidental /Nebraska 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 ---------------------------- Thirty Six Thousand and no /100 ----- - - -'—' --- -Dollars W (U.S. $ 36000.00 ). 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 October 1 2017 . This Security Instrument secures to Lender: (a) the repayrrmnt nof the debt evidenced by the Note, with interest, and all renewals, extensions and modifications; (b) the payment of all other sums, „) with interest, advsatxd under paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's cometants 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 Seven (7) in Block One (1), in Bel Air Addition to the City of Grand Island, Hall County, Nebraska. which has the address of 2512 Lamar Grand Island IStreel (Chy) Nebraska 68801 ( "property Address'); aro coact TOGETH R WITH all the improvements now or hereafter erected on the property, and all easements, rights, Apwrten an«s. rents, royait nd im mineral, OR a gas rights and profits, water rights and stock and all fbdures now or b reafter a p� of the property. AM replacements and additions shall also be covered by this Security Instrument. All of the f it referred to in this Security instrument rA the "Property." gMROWSR G`oveN,Uri's that Borrower to lawfully ached of the estate hereby conveyed and has the right to grant and tottKy tlse >party sad that the h+raaty'ie unialeurribered, exospt for encumbrances of record. Borrower warrants and'wilt dsf�d the title to the "tsr'bpertY aWrue.au ciaima and deanarrds, subject to any encumbrances of record, iIfls I" f R U I MENt combift s tatifbr i covenants `tor datiotul use and nonuniform covenants with limited variat{biRl by' ju to constitute a uniform security Inslrutheni coverittg real property. i NEBRASKA- -sinfk Family— FNMA /FH1.MC UNIFORM INSTRUMENT