87106064 - Laserfiche WebLink

Browse

Ispno Abe" P" Lkw for Now" pats) DEED OF TRUST THIS DEED OF TRUST (Security Instrument ") is mask on OCTOBER 12 1987 . The trustor is FORREST L. STATES AND TWYLA R. STATES, HUSBAND AND WIFE LAW ('Borrower "). The trustee is AREND R. BAACK, ATTORNEY AT 'C, ( "Trustee "). The beneficiary is HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND which is organized and existing C` under the laws of NEBRASKA and whose address is 221 SOUTH LOCUST, P. 0. BOX 1009, GRAND ISLAND, NE 68802 ( "Lender "). �Borrower owes Lender the principal sum of THREE THOUSAND THIRTY FOUR AND 25/100 -------- - - - - -- - -- Dollars (U.S. S 3,034.25 ). This debt is evidenced by Borrower's note 1 'datod 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 TWELVE (12) IN VILLA MAR DEE SUBDIVISION OF LOTS SEVEN (7) AND EIGHT (8) IN WINDOLPHtS SUBDIVISION, AND LOT TWELVE (12) OF THE SUBDIVISION OF LOT NINE (9) IN WINDOLPH'S SUBDIVISION OF PART OF THL NORTHEAST QUARTER OF THE NORTHWEST QUARTER (NEJNWJ) AND PART OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER (NWJNEJ) OF SECTION FOURTEEN (14), TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE SIXTH (6TH) P.M., HALL COUNTY, NEBRASKA. which has theaddressof 111 SO. VILLA MAR DEE GRAND ISLAND (Strom) (city) ' Nebraska 68801 ( "Property Address "); Izro coe.► TOGETHER WITH 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 herafter s part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoinS 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 sad convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will deftad 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 vanstions by jurisdiction to constitute a uniform security instrument covering real property ft1EMASKII- -sense rsmuy— IMMAl►MLUC UWOtaf INSTRUMEMT form 3022 12123 ,nem sgrg