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U C" '- d �. Z t3pwe Abore Tlrs tine for Rwordng Oatal DEED OF TRUST THIS DEED OF TRUST ( "Security instrument ") is made on ... . lane.. 5............................................. J19....86... The trustor is ... W.illiam..Boyd. and. .Arlene...Hoyd,..busband..and.. w. ife._ .as...)'nint ................... ........l enants ...................... ............................... ( "Borrower ") - The trustee is ..... Fiv a ..Points..Bank, -..Grand........ ` ....... l Bland-,.. Nebxaska. ................................................................... ............................... ( "Trustee "). The beneficiary is .......Fiue..P.oints ..Bank,..Grand..Island,..Nebx aska ....... ............................... which is organized and existing under the laws of ... Nebraska .......................... ............................ and whose address is . 10J9 ..N.....Broadrreli,......... ....... P- Q....B iu ... 1502....Grand ... Island....Kebr asks .... . fi88A. 2 .............. ........................... .......... ....... ( "Lender'). borrower owes Lender the principal sum of ....Thir.ty ... thousand.. fiY. e.. bundreid ..Aollars..aad..noll.00... ---- ------ --------- --- . -c... Dollars (U.S. S...30.100 - QA...........). This debt is evidenced by Borrower's note ........ ............. ............................... . ,dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with toe full debt, if not paid earlier, due and payable on ..... July . 9.,... 1. �9b ............... ............................... 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 locatedin ........ Rall ................................................................................................... ............................... County, Nebraska: Lot Eight (8), Block Twelve (12), Gilbert's Second Addition to the City of Grand Island, Hall County, Nebraska. which has the address of ..$12 ... West. . 13th.. Siretat . ............................... IStreetl Nebraska ................ 681 £Q1........................... ( "Property Address"); (Zip codel .. ..Grand..lsland ................ 10tyl TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, 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." BORROWER COVENANTS 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 SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute s niform security instrument covering real property. NEBRASKA —Single Family— FNMA /FKMC UNIKWM INSTRUMENT Form 3028 12183 J