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<br />87- 106969
<br />[Space Above This Line For Recordinna Data)
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on December 2 —
<br />19 87.ThetrustorisDelbert E.Prickett and Virginia B. Prickett, Husband anad Wife
<br />-------------------------------- ( "Borrower ").The trustee is Arend R. Saack, Attorney
<br />-------------------------------------------------------------- ("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 />Grand Island, Nebraska 68801 ( "Lender ").
<br />Borrower owes Lender the principal sum of Twenty Seven Thousand Five Hundred and no /100 - - --
<br />----------------------- - - - - -- Dollars (U.S. S 27, 500.00 )• 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 January 1, 2018
<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 />4
<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 />Y
<br />located in Hall County, Nebraska:
<br />A tract of land comprising a part of the Northwest quarter of the Northwest Quarter
<br />(NW4NW4) of Section five (5), Township Ten (10)North, Range Nine (9) west of the 6th
<br />P.m., in Hall County, Nebraska, more particularly described as follows:
<br />Beginning at a point on the north line of said section Five (5), said point being forty
<br />eight (48.0) feet east of the northwest corner of said Section five (5), and a point
<br />on the easterly right -of -way line of U.S. Highways 34 and 281; thence easterly along
<br />the north line of said Section five (5), a distance of One Thousand Two Hundred fifty
<br />five and Eighty Nine Hundredths ( 1,255.89) feet; thence deflecting right 86 degrees
<br />51'21" and running southerly, a distance of Four Hundred Sixteen and Fifty Seven Hund-
<br />reths (416.57) feet; thence deflecting right 88 degrees 45'h3" and running southwesterly,
<br />a distance of One Thousand One Hundred Eighty Four and One Hundredth (1,184.01) feet
<br />to said easterly highway right -of -way line; thence deflecting right 91 degrees 36'27"
<br />and running northerly along said right -of -way line, a distance of One Hundred Eleven
<br />and Fifty Five Hundredths (111.55) feet; thence deflecting left 89 degrees 13'31" and
<br />running westerly along said right -of -way line, a distance of Seventy Five (75.0) feet;
<br />thence deflecting right 89 degrees 13'31" and running northerly along said right -of-
<br />way line, a distance of Three Hundred Fifty Four and Two Tenths (354.2) feet to the
<br />place of beginning, excepting a certain tract deeded to the Grand Island Railroad in
<br />Deed Book H, Page 130 cE a certain tract deeded to the Hastings and Grand Island Railroad
<br />Company in Deed BookH, Page 113.
<br />which has the address of 3135 Schimmer Drive Grand Island,
<br />[Street) IGtyl
<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 part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />L 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. r. .
<br />NEBRASKA — Single Family — FNMA /FHLMC UNIFORM INSTRUMENT Form 3028 12/83
<br />FM�c1„ i®n Fo,m,°
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