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L Ab— this Linn For Rr -rdinr Datat_.__ ___ DEED OF TRUST 86- 102037 LH 99993 THIS DEED OF TRUST ( "Security Instrument ") is made on anri 1 2$ 19 -BA— The Tntstor is Larry E Sanders and Linda K. Sanders Husband and Wife ( "Borrower "). The trustee is Occidental /Nebraska Federal Savings Bank ( "Trustee "). The beneficiary is (lccideatal /Nebraska 'Federal Savings Bank which is organized and existing under the laws of Nehraa><a and whose address is 117(141:1 ranter ilnnd nmaha. NF 68144 ( "Lender "). Borrower owes Lender the principal sum of Forty Seven Thousand Four Hundred Fifty aad no /100 --- -- ----- --- --- -- ---- --- -- -- Dollars (U.S. T- 471+5n_0n ), 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 _ May 1 9016 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 Thirteen (13), Pioneer Acres Subdivision, located in Section Two (2), Township Nine (9) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska. which has the address of ask, 68832 RR #13 Pioneer Acres Izw "M Isuml ( "Property Address "); Doniphan TooerHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royahies, 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." WY910wkR CovsNANrs 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 S"UNITY INAtauMeNT combines uniform covensala for national use and non•unitorm covenants with limited variat.3ons by jurisdiction to eoastitute a uniform security instrument covering real property. SMASKA- 1,wltte rsani, FrM,A I'M M( t %IPORM 1^14114t Mt%l sl 0