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86-- 105428
<br />DEED OF TRUST
<br />This Deed of Trust is made this 24th day of GPpl—am,_or , 19--aa, by and among
<br />_ROBERT D. HANCOCK AND PATRICIA S. HANCnFa. ha iahanri anH A f"
<br />hereinafter referred to as Trustor, whose mailing address is 2Q22 w_ inn :
<br />Grand Island. NF ; AREND R. MACK, Attorney at Law, hereinafter referred to as "Trus,teeiill
<br />whose mailing address is P. 0. Box 790, Grand Island, Nebraska 68602; and HOME FEDERAL
<br />SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "Beneficiary,"
<br />whose mailing address is 221 South Locust Street, P. 0. Box 1009, Grand Island, Nebraska
<br />68802.
<br />For valuable consideration, Trustor irrevocably grants, transfers, conveys and
<br />assigns to Trustee, in trust, with power of sale, for the benefit and security of Bene-
<br />ficiary, under and subject to the terms and conditions of this Deed of Trust, the fol-
<br />lowing described property, located in Hpff County, Nebraska, to -wit:
<br />FRACTIONAL LOTS FIVE (5), SIX (6), AND SEVEN (7), IN FRACTIONAL BLOCK THIRTY -FIVE, IN
<br />PACKER AND BARR'S 2ND ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA.
<br />-AND -
<br />LOT EIGHT (8) AND FRACTIONAL LOT NINE (9) IN FRACTIONAL BLOCK THIRTY -THREE (33) IN
<br />PACKER AND BARR'S SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />together with all buildi^gs, improvernerts, FlXtures, streets, alleys, passageways,
<br />easements, rights, privileges and appufterarce3 located thereon or in any way pertaining
<br />thereto, and the rents, issues, profits, reversions and the remainders thereof, includ-
<br />ing all such personal property that is attached to the imprcvemert�3 so as to constitute
<br />a fixture, all a, which, including replacements and additions thereto, are hereby de-
<br />clared to be a part of the real estate cunveypd in ,.rust hereby, it being agreed that
<br />all of the foregoing shall be hereinafter referred to as the "Property."
<br />FOR THE PURPOSE JF
<br />a% the payment ol irclebtedress evidenced by Trustor's rote of ever date herewith
<br />it the principa_ sun of SIXTY THOUSAND AND NO /100------ - - - - --
<br />--------------------
<br />$ 60,000.00 , ,,;:ether idith the balarce of such indebtedress, if not sooner
<br />paid, due and ava,l oir, October 1 1996 with interest at the rate cr rates
<br />Provided there'.,, al_.: < with the paymer•t, of all other _ums, with i, ^terest thereon,
<br />advanced it u._ _,_dance here -,i`h to prc•tect t!-.c sei_urit.y Lif this Deed of Trust,
<br />together .._th the ;i ^c =pal a.-:J _,-•terest ary future aCvan,:e as evidenced by
<br />promissory ,ot s It a',' , :.hey are ecu:ed ',errt.' and ar ar'd all -erewals, u:odifi-
<br />catior- and ,xt._ si uch r oc,.., r.. ,i a`d irterest er• the notes
<br />being pLyatllg .. ,. Jc,_„rdarc: wir.h the er -, _et 'Forth thereir, which by tt.is refer -
<br />ence .._ hereby m32,e a ;art hereof. Th e holder h re f .hail have the cp .or tc,
<br />accelerate the m<t,_., f he `ote `c: _,hick trus .0 ?: ge ir,er' as
<br />at ^y time aft e: the iJA loan a: a -t__ first wing theurder.i, red c
<br />the then owrer of t'ze premises described i.erei" a writter notice three mortl
<br />advance „f its intent _o do '3o. A, o _:h :,11 the pri ._ipal amc 't .i` tike
<br />ir^dettedresf, ecured Ly this Geed •_,f r, st, r;:t .rclUdir , ar; advarceci a(,:ccrd-
<br />arce he :ewith to , roteC:t t�)esecurity of the Clpe: i' 7uSi, rxrf2F -d `. hB rli�lr<it
<br />amo•_;rt of the ; ius $ 0.00
<br />;b the perfur ^mark_ of a_a,.:h cuvr' •..mot ., . �,i�. he.'e_ _r ±_a :rr•;�; .
<br />and
<br />(c) the payment '>f any su'a �' tbUrRP, of ,,hiEra '.ay .:. _rr.ar i
<br />oy Beneficiary under the term3 of t.l is heed
<br />at the ratl•! ) `•)Vliied rn t�" e rO'.L.
<br />is Lilt ,:e,c'._ the s•er.�ritY tt,' :� ilr_�e.c! :;f �ru .. f(.
<br />futiiC;tuS:
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