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9 ($pace Abe" This Lim For N"wdit Oats) DEED OF TRUST 3 �r s Fad f i THIS DEED OF TRUST ( "Security Instrument ") is made on septeaber 29 th 19 87 The trustoris DAVID 6. GRIME$ g-, ,A ,. GaLul F. Ca"i.iIE3C3 iwwi :as' ald Wife ( "Borrower "). The trustee is Lawyers Title Insurance Corporation ("Trustee"). The beneficiary is SMIOR MORTGAGE, INC. which is organized sad existing under the laws of STATE OF , and whose address is P.O. IOl( -S -, GRAND ISLAND, ME 68402 ("Lender"). Borrower owes Lender the principal sum of Twenty Mine Thousand, Two Handre d and lb /300ths— --------- (U.S. S 29400-00 ). 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, 2002 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 irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in HALL County, Nebraska: LOT SEVENTY MUTE (79), IM WARS' SUSQIVISION TO THE CITY OF WM IR.AIMI, HALL COUMTY, NEWA U, BEING A PART OF THE M KMW QUARTER OF THE NORTHWEST QUARTER (IEl/4 (All /4) AND PART OF THE NORTHWEST MURKIER OF THE NORTHEAST QUARTER (11111/4 NEl /4) OF SECTION TWENTY EIGHT (28), TOWNSHIP ELEVEN (11) NORTH, RANGE MIME (9) WEST OF THE 6TH P.M., HALL COUNTY, J H v7 w r" � � 1 which has the address of 1419 W. HA66E GM ISLAND [Street] [city) Nebraska 68A01 ("Property Address "); [Zip Cade] TooETHRR WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, al and gas rights and profits, water rights and stock and all fixtures now or berisafter 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 Propbrty against all claims and demands, subject to any encumbrances of record. Tests SURITV INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited vanstions by jurisdiction to constitute a uniform security instrument covering real property. _� gg,,,q A -SmSte Ferny- -.F14MA /FMLMC UWORMf T 04 tkf l . :ltJ37wa srcrr . ;acro E , za i fwm 3038 12/83