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lSwe Aseye Ttfs tine For Recor6-2 Datal
<br />DEED OF TRUST
<br />_ THIS DEED OF TRUST ("Security Instrument ") is made on April 4 _
<br />19 86 .The trustoris George A. Whitehead and Lucille E. Whitehead, husband and wife
<br />(`Borrower "). 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 />underthelawsof The United States of America and whose address is p.O.Box 1768, Grand
<br />Island, Nebraska 68802 ("Lender ").
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<br />Borrower owes Lender the principal sum of Seven Thousand Five Hundred and no/100ths---------
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<br />--------------------------- Dollars (U.S. S 7,500. 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 November 1, 1989
<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 Ball County, Nebraska:
<br />Lot Nine (9), in Block Three (3), in Valley View Subdivision, in the City
<br />of Grand Island, Hall County, Nebraska.
<br />which has the address of 1008 F._rst Phoenix Grand island
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<br />Nebraska 68802 ( "Property Address");
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<br />TooETHER 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 I ntitrumeni. 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 lkwrower warrants
<br />and will defend generally the tide to the Property against all claims and demands, subject to any encumhranccs of record.
<br />THI% SECURITY INSTRUMENT combines uniform covenants for national u.c and non- timform covenants with
<br />limited variatiem%by tunsdiction io constitute a uniform security instrurrsent covering real pr,,Ivrt v
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<br />NEWASKA- UNIFORM INSTRUMENT corm lO7R l2'R7
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<br />which has the address of 1008 F._rst Phoenix Grand island
<br />Istreetl crtyl C
<br />Nebraska 68802 ( "Property Address");
<br />Iz,Q codei , ?
<br />TooETHER 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 I ntitrumeni. 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 lkwrower warrants
<br />and will defend generally the tide to the Property against all claims and demands, subject to any encumhranccs of record.
<br />THI% SECURITY INSTRUMENT combines uniform covenants for national u.c and non- timform covenants with
<br />limited variatiem%by tunsdiction io constitute a uniform security instrurrsent covering real pr,,Ivrt v
<br />h'i5. 7fiANE
<br />NEWASKA- UNIFORM INSTRUMENT corm lO7R l2'R7
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