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(Space Above This Line For Recording Datal DEED OF TRUST 87- 106813 THIS DEED OF TRUST ( "Security Instrument ") is made on Nov b r 0 19 .Thetrustoris Tharin L. Peters and Brenda L. Peters, �us6an� and Wife 87 Attorney k B R. aac, orne --------- ----------- ----- ---- -- ("Borrower "). The trustee is Arend y --------------------------------------- ---- ----------- - - ---- ( "Trustee "). The beneficiary is Home Federal Savings and Loan Association of Grand Island which isor anizedandexisting under the laws of Nebraska and whose address is 221 Sou h Locust Grand Island, Nebraska, 68801 nder "). Borrower owes Lender the principal sum of Thirty Four Thousand Four Hundred and no /1�0U' - - - -- ---------------- ---- - - - --- Dollars (U.S. S 34,400.00 ), 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, 2005 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 Western Heights Second Subdivisiono Hall County, Nebraska. which has the address of 4218 Lariat Court Grand Island (street] (City) Nebraska 6BB03 ( "Property Address "); (zip Code] 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 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." 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 combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. NEBRASKA— Single Family— FNMA /FHLMC UNIFORM INSTRUMENT Form 3028 12/83 Flna w L— F.- leis