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<br />AWa i, this Line Far R—ding Data I - - - -- - ___ --- ___.
<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on May 3
<br />19_8.fL_ The Trustor is _ Wayne J. Sasges and Shari lye L. Sasges
<br />Husband and Wife _("Borrower"). The trustee is
<br />Occidental /Nebraska Federal Savings Bank ( "Trustee "). The beneficiary is
<br />Occidental /Nebraska Federal Savings Bank — , which is organized and existing
<br />under the laws of NPhras:ka and whose address is
<br />1170A tt_ Cantpr Rnad Omaha, NE 68144 ( "Lender ").
<br />Borrower owes Lender the principal sum of Thirty Five Thousand and no /100 ------------------
<br />Dollars (U.S. $ 35000.00_), 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 June 1 2001
<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 tinder 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 Easterly Twenty (20) feet of Lot Fifteen (15) and all of Lot Sixteen (16) in
<br />Block Three (3) Second Addition to Holcomb's Higghwayy Homes Subdivision being in the
<br />Northeast Quarter of the Northeast Quarter (NE .1/4 NE 1/4) of Section 28, Township
<br />11 North, Range 9 West of the 6th P.M., Hall County, Nebraska.
<br />which has the address of
<br />Nebraska 68801
<br />404 Wyandotte
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<br />Ist—i
<br />( "Property Address ");
<br />Grand Island
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<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurteaattces, netts, 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 />foregoing is referred to in this Security Instrument as the "Property."
<br />IOVwROwER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will
<br />defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SKU1131'r INSIRIJMI -Ni combines uniform covenants for national use and non - uniform covenants with limited
<br />variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />NEBRASKA •. ttx:e r,-w, NMA'Foot Mx t %itt;FIM l%%, Rl mo %I
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<br />which has the address of
<br />Nebraska 68801
<br />404 Wyandotte
<br />!Lp c.&I
<br />Ist—i
<br />( "Property Address ");
<br />Grand Island
<br />M
<br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights,
<br />appurteaattces, netts, 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 />foregoing is referred to in this Security Instrument as the "Property."
<br />IOVwROwER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and
<br />convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will
<br />defend generally the title to the Property against all claims and demands, subject to any encumbrances of record.
<br />THIS SKU1131'r INSIRIJMI -Ni combines uniform covenants for national use and non - uniform covenants with limited
<br />variations by jurisdiction to constitute a uniform security instrument covering real property.
<br />NEBRASKA •. ttx:e r,-w, NMA'Foot Mx t %itt;FIM l%%, Rl mo %I
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