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t x 87- 106760 Isp— Ab— )ms L_ Far R—d" wal DEED OF TRUST 210804569 THIS DEED OF TRUST ( "Security Instrument ") is made on NOVEMBER 20 1987 The Trustor is ROBERT J. SCH14IDT AND SHARON K. SCHMIDT, HUSBAND AND WIFE ( "Borrower "). 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, NEBR 68144 ( "Lender "). Borrower owes Lender the principal sum of SIXTY SIX THOUSAND ONE HUNDRED FIFTY AND 001100 Dollars (U-S- S 66,150.00 ). 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 DECEMBER 1, 2017 . This Security Instrument secures to lender: (a) the repayment tithe 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 convenants 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 TWENTY (20), HIDDEN LAKES SUBDIVISION NUMBER FOUR (4), HALL COUNTY, NEBRASKA. which has the address of 4426 DRAKE LANE GRAND ISLAND IStRCIt Ic"Y) Nebraska 68801 ( ..property Address'); av cam) Toomait WrrH tall the improvements now or hereafter erected on the property, and an easements. rignts, appurtenances. rents, roYakies. mineral. oil and gas rialto and profits, water rights and stock and all fixtures now or bereafter a pmt of the property. All reptanntents and additions shall also be covered by this Security Instrument. Aft of the ftregalsig is rdermd to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully wised 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 80110fully' the tide to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY IMMUMENT comixngs uniform covenants for national use and nonuniform covenants with limited variations; by jurisdiction to constitute a uniform security instrument covering real property. 6LIU21 NMIRASKA —Singh Fat¢aiy— FNMA /FISLMC UNIFORM INSTRUM6MT p-