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r w L Y (Space Abe" The tine For Record Date) DEED OF TRUST cl� - ovo� _ at l� M X, 0 THIS DEED OF TRUST ("Security Instrument ") is made on , C 19 . The trustoris November 9 - 87- ---- _storis - Edward J. Krupsk� and Rn J. Krupski, Husband and Wife - - - - - -- ____________ (' rrower"n etrusteeis Arend R ,qqaa k, (' Trus�ee ). The beneficiary is H e Fed al Savings and Loan Assocaition which is organized and existing underINt�ielawso Nebraska , and whose address is 221 South Lorr Ven st -- (_der "). Borrower owes Lender the principal sum of Fifty Three Thousand and no /100--- - - - - -- ----------------------------- -Dollars (U.S. $ 53, 000.00 ). 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 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: Lots Twelve (12) and Fourteen (14) in Block One (1) University Place, an Addition to the City of Grand Ilsand, Hall County, Nebraska. Lot Nineteen (19), Block Seven (7), Unit Three (3), Con'Linental Gardens, Hall County, Nebraska. which has the address of 2411 North Howard and X119 James 4Place, Grand Isla,-id IS"") Icnyl Nebraska 68803 ( "Property Address "); Ito cow) 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 hereafter a pert 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 combiner; uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. lKBRASIA --&,.& Famly— _FNMA /FIKMC LMWOM HISTRUW"T Form 3020 12163 i __