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C.' i I Uea; otu utmetR <br />CO <br />W <br />a [Space Above This Line For Recording Datal — <br />DEED OF TRUST <br />THIS DEED OF TRUST ( "Security Instrument ") is made on March 27 <br />19 86. The trustoris Arnold C. Wenn and Linda C. Wenn, husband and wife, and Michael D. <br />Kenny and Barbara A. Kenny, husban(t4roZt. The trustee is Norwest Bank Nebraska, <br />National Association ( "Trustee "). The beneficiary is <br />Norwest Bank Nebraska, National Association which is organized and existing <br />under the laws of The United States of America and whose address is P-0-Box 1768, Grand <br />Island,Nebraska 68802 ( "Lender "). <br />Borrower owes Lender the principal sum of Twenty -two Thousand and no /100------------ - - - - -- <br />--------------------- - - - - -- Dollars (U.S. S 22, 000.00 ). 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 April 1, 1996. <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 />The South Fifty -six (56) feet of the North Two Hundred Twenty -four (224) feet <br />of the West Half (W'-z) of Block Ten (10), of Pleasant Home Subdivision of a part <br />of the East Half of the Southeast Quarter (E'LSEq) of Sectio;; Twenty -one (21), <br />in Township Eleven (11) North, Range Nine (9), West of the 6th P.M., Hall County, <br />Nebraska. <br />which has the address of 1415 South Lincoln Grand Island <br />[Street[ Ply) <br />Nebraska 68803 ( "Property Address "); <br />[zip code) <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all casements, rights, <br />appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />hereafter apart 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 t <br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. CD <br />THIS SI:CURriy INSI'RUMENI combines uniform covenants for national use and non - uniform co unants with <br />limited variations by jurisdiction to constitute a uniform security instruinent co %cnjig real piolxrlg <br />NI;; 1164NI, <br />NEBRASKA- '.,ngiv t:amt, _FNMAIF14LMC UNIFORM INSTRUMENT rurm 'dn:a t:;a3 <br />