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Above thin UM For R—d.& Wu)
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<br />DEED OF TRUST
<br />THIS DEED OF TRUST ( "Security Instrument ") is made on
<br />19---U The Trustor is Jerome J. Po.11art and Paula J.
<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 NPhra -ka and whose address is_
<br />1 704 N an pr Road Dinahn. - NF 68144 (. "Lender ").
<br />Q Borrower owes Lender the principal sum of Thirty Seven 7hougand and nollOO--------------- ---
<br />-------------------------------- Dollars (U.S. 3 3 7nnn_nn ). 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 />w paid earlier, due and payable on .l.% l y 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 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 />D purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in all County, Nebraska:
<br />Lot One (1) Block Seven (7), in Arnold Place, an Addition to the City of Grand
<br />Island, hall County, Nebraska.
<br />which has the addrea of 1103 West First Street _ Grand Island _
<br />{Stmt) iCHY)
<br />Nebraska _ 68801 __� ( "Property Address");
<br />tzio �«d.t
<br />TooetHBa 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 futures now or
<br />*oil a t pan of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />forpaift is relented to in,diis Security Instrument as the "Property,*'
<br />DEMIkowek CovaMAMn that Borrower is lawfully whird of the estate hereby conveyed and has the right to grant and
<br />convoy the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will
<br />defend , r>81 fine title to the Property against all claittu and demands, subjcce to any encumbrances of r e co
<br />THIS S&MjtttV Ir4titusUNT ctmibises uniform covenants for national use and non,uniforat covenant% with limited
<br />variations by jurisdiction to constitute a, uniform security instrument covering real property.
<br />NENRAyKA- ,uHe)e t,nii), t.+ towM INSIRI MENI
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<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 NPhra -ka and whose address is_
<br />1 704 N an pr Road Dinahn. - NF 68144 (. "Lender ").
<br />Q Borrower owes Lender the principal sum of Thirty Seven 7hougand and nollOO--------------- ---
<br />-------------------------------- Dollars (U.S. 3 3 7nnn_nn ). 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 />w paid earlier, due and payable on .l.% l y 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 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 />D purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in all County, Nebraska:
<br />Lot One (1) Block Seven (7), in Arnold Place, an Addition to the City of Grand
<br />Island, hall County, Nebraska.
<br />which has the addrea of 1103 West First Street _ Grand Island _
<br />{Stmt) iCHY)
<br />Nebraska _ 68801 __� ( "Property Address");
<br />tzio �«d.t
<br />TooetHBa 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 futures now or
<br />*oil a t pan of the property. All replacements and additions shall also be covered by this Security Instrument. All of the
<br />forpaift is relented to in,diis Security Instrument as the "Property,*'
<br />DEMIkowek CovaMAMn that Borrower is lawfully whird of the estate hereby conveyed and has the right to grant and
<br />convoy the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will
<br />defend , r>81 fine title to the Property against all claittu and demands, subjcce to any encumbrances of r e co
<br />THIS S&MjtttV Ir4titusUNT ctmibises uniform covenants for national use and non,uniforat covenant% with limited
<br />variations by jurisdiction to constitute a, uniform security instrument covering real property.
<br />NENRAyKA- ,uHe)e t,nii), t.+ towM INSIRI MENI
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