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<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on November 17
<br />19 87 .Thetrustoris David A. Rehovsky and Linda L. Rehovsky, Husband and Wife
<br />("Borrower"). The trustee is Arend R. Baack,
<br />Attorney at Law ( "Trustee "). The beneficiary is
<br />Home Federal Savings and Loan Association of Grand Island which is organized and existing
<br />under the laws of Nebraska , and whose address is 221 South Locust,
<br />P. 0. Box 1009, Grand Island, Nebraska 68802 ("Lender").
<br />Borrower owes Lender the principal sum of Three Thousand Thirty and 35/100 ------------------
<br />---------------------------- Dollars (U -S• $ 3903-0.35 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall County, Nebraska:
<br />LOT NINE (9), LAKE DAVIS ACRES SECOND SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />which has the address of 4621 Calvin Drive Grand Island
<br />[street) [aryl
<br />Nebraska 68601 ( "Property Address ");
<br />(zip code]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a put of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THis SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />NEBRA A —St"O F&M1y -4XMA1FNLMC UlW0RM INSTRUMENT Fwm 3028 12163
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<br />THIS DEED OF TRUST ( "Security Instrument ") is made on November 17
<br />19 87 .Thetrustoris David A. Rehovsky and Linda L. Rehovsky, Husband and Wife
<br />("Borrower"). The trustee is Arend R. Baack,
<br />Attorney at Law ( "Trustee "). The beneficiary is
<br />Home Federal Savings and Loan Association of Grand Island which is organized and existing
<br />under the laws of Nebraska , and whose address is 221 South Locust,
<br />P. 0. Box 1009, Grand Island, Nebraska 68802 ("Lender").
<br />Borrower owes Lender the principal sum of Three Thousand Thirty and 35/100 ------------------
<br />---------------------------- Dollars (U -S• $ 3903-0.35 ). This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the full debt, if not
<br />paid earlier, due and payable on
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall County, Nebraska:
<br />LOT NINE (9), LAKE DAVIS ACRES SECOND SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />which has the address of 4621 Calvin Drive Grand Island
<br />[street) [aryl
<br />Nebraska 68601 ( "Property Address ");
<br />(zip code]
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or
<br />hereafter a put of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />foregoing is referred to in this Security Instrument as the "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br />and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants
<br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THis SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with
<br />limited variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />NEBRA A —St"O F&M1y -4XMA1FNLMC UlW0RM INSTRUMENT Fwm 3028 12163
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