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[ipne Me" This LI M For nKW" 0001 DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument ") is made on October 7 1987 Thelrustoris Tom L. Buettner and Diana Buettner, husband and wife ("Borrower "). The trustee is Arend R. Saack, Attorney At Law, ( "Trustee "). The beneficiary is Horst Federal Savings and Loan Association of Grand Island , which is organized and existing underthelawsof Nebraska and whose address is 221 South Locust, P. 0. Box 1009 Grand Island, NE 68802 ( "Lender "). Borrower owes Lender the principal sum of Four Thousand Five Hundred Eighty Five and 85/100--- - ---------------------- - - - - -- -Dollars (U.S. S 4,585.85 ). 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 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 ONE HUNDRED SIXTY ONE (161) IN BUENAVISTA SUBDIVISION, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. which has the address of 303 EAST NEBRASKA, GRAND ISLAND [Strw] [aryl Nebraska 68801 ( "Property Address "); [zip cowl TooFTHEIt WITH all the improvements now or hereafter erected on the property, and all easements, rights, eppurtenarlcas, rents, royalties, mineral, 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 foregoing is referral to in this Security Instrument as the "Property." BMAOwER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right it) 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 nonuniform covenants with limited variations by jurisdiction to constitute a uniform purity instrument covering real property. NWASKA- r.mrar—ff MA1FJ 1*C UWOW WSTRUMMY rwerea *9e� form 3028 12083