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86a- 107477 ISP— Atone this U- Fa It c dMt D.ul. DEED OF TRUST t.,, . - LH 105110 THIS DEED OF TRUST ( "Security Instrument ") is made on nPe-Pmhpr 94 I9„ 8fi The Trustor is Robert J Nieman and Judith G Nietnann Husband and Wife t °Borrower'). The trustee is Oeeidental /Nebraska Federal Savings Bank ( "Trustee "). The beneficiary is neeidantal /Nebraska Federal Savings Bank which is organized and existing under the laws of Nehrsakn _, and whose address is 117M V ['Pnfrnr Rnd Omaha NF 68144 ("Lender"). Borrower owes Lender the principal sum of Forty One Thn ,sand Eight Hundred and no /100 - - - - --- ----------------- -- --- - - - -- -----Dollars (U.S. S /.1 stns_ no ). This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "). which provides for monthly payments, with the full debt, if not paid rabies, due and payable on Tan „rT 1 ?n17 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 (opted in 14=11 County, Nebraska: Lots Twenty Five (25)) and Twenty Six (26) Sass Second Subdivision, located in Section. Fourteen (14) Township Eleven (11) North, Range Nine (9) West of the 6th P.M., Hall County, Nebraska. which has the address of 306 S. Shady Bend Road Grand Island 13~1 Iced Nebraska 68801 ( "Property Address"); tzw eudel TOGETMM Wr1n all the improvements now or hereafter erected on the property, and all easements, rights, appurteuaooea, rerNS, royakws, mineral, oil and gas rights and profits, water rights and stock and all fixtures now e: h easAw a part of the property. AB lepifameets and additions shall also be covered by this Security Instrument. All of the fix g iM is referred to is Otis Security.Instrunient as the -Property." BORROWER CovMAW3 that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and cow" the Property and that the Property is uneacwabered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property agairat all claims and demands, subject to any encumbrances of record. THIS SttcvntTY ImrRtWz rr combines uniform covenants for national use and non - uniform covenants with limited variation by Jur"dion to constitute a uniform security instrument covering tea( property. N 1RA9iU.- ,qi< t.m,l.-- e±gNArIMII►1� uratr>t m milTltuME -iT 1