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86- 106768 top" saw. na Lis. w a I owl DEED OF TRUST THIS DEED OF TRUST ( "Security Instrument ") is made on November 20th , 19.86 . The truum is . ..." Stephen Lancaster, and Pamela„ Elizabeth „7 master, ... .... . .. H!? .. � . .................................... ( "Borrower'l. The trustee is ...................................... ............................... ....... icar_ Title „inaura eC�Qmtlx }y . ............................... ( "Trusted'). The beneficiary is Slt�erior' ^l rb age /„ Znc: which is and existing Inc- ............... P. 0. organized S U nder the laws of ...... ..5.t§te. Rf . ? ....................... and whose address is ..................... ........a...................... Grand„ISlarrl... ..... f.$ Q� . ............................... ...................... ............................... 'I.ertder "). Borrower owes Lauder tht pricwtipal sum of ..T my Three, Thousa;id EiSY} .,,. 1 .qd......A N41. �, QthS. —. ..... Doll acs (U.S. 4.. 23.e 8Q.Q.!.QQ..........). This debt is evidenced by Borrower's note . ...... ............ ........... ...... dated the same due as this Security Instrument ( "Note "). which provides for monthly payments, with the full debt. if not paid earlier, due sad payable on ...........T?�5 �.. a,.... �Qlb ............................................................... ............................... This Security Instrument secures to Leader: (a) the repayment of the debt evidenced by the Note, with interest. and all renewals, extension 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 tflaystee, in trust, with power of sale, the following described property locatedin ........................................................................................... ............................... ........................ County. Nebraska: Lot Four (4), in Block Six. (6), in Schimner's Addition to the City of Grand Island, Hall County, Nebraska. which has the address of ........ 14th., Street ...... ............................... Gratld..141.w4 ................ Is—" ICM Nebraska .................. xnu ........... .......... .... ( "Property Address"); V-P cod•l TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, dl 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." DMItOWER COVENANTS that Borrower is lawfully seined 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 SENRiTY INi umaNT Combines uniform covenants for national use and non- uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. NEBRASKA --S Fw- y- _.rraiurr►rtssc uNtroass INSTaUMIL"T Form 3024 12/83