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\l [Space Above This LMe For Recording Deal DEED OF TRUST :,7 Lp V r� a THIS DEED OF TRUST ( "Security Instrument ") is made on November 20 — 1987 .Thetrustoris Corson L. Sawyers and Karla Jo Sawyers, Husband and wife ( "Borrower ").The trustee is Arend R. Baack Attorney ( "Trustee" �. The beneficiary is Home Federal Savings and Loan Association which is organized and existing under the laws of Nebraska and whose address is 221 South Locust Grand Island, Nebraska 68801 ( "Lender"). Borrower owes Lender the principal sum of Six Thousand, Five Hundred Sixty One and 20/100---- - -------------------------- - - - - -- Dollars (U.S. $ 6,561.20 ). 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 County, Nebraska: Hall Northerly forty (40) Feet of Lot Eight (8) in Block One Hundred Twenty -Six (126) in Koenig and Wiebe's Addition to the City of Grand Island, Hall County, Nebraska. which has the address of 214 South Clark Grand Island [Street] [City) Nebraska 68801 ( "Property Address"); [zip Code) ToOETHER 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 part 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." LBORROWER 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 combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. lEWMA— Singto FamAy— FNMA /FNUVC UNIFORM IkSMMENT Form 3028 12/83 F1nVe wg t. ®w Frn .„ i