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<br />88- 104963 <br /> <br />[Space Abo.. na Un. FM Recordln. OWl) <br /> <br />DEED OF TRUST <br /> <br />THIS DEED OF TRUST ("Security Instrument") is made on September 12 <br />1988 . The trustor is Owen A. Sh.unkwiler and Lucia A. Shunkwi ler, husband and wife <br />("Borrower"). The trustee is <br />Norwest Bank Nebraska, National Association ("Trustee"). Thebcnefieiaryis <br />Norwest Bank Nebraska, National Association ,which is organizcd and cxisting <br />underthelawsof The United States of AllErica ,andwhoseaddressis 202 West Third Street, <br />Grand Island, Nebraska 68801 ("Lender"). <br />BorrowerowesLendertheprineipalsumcf Fifty Thousand Four Hundred and no/lOOths------------ <br />________________________ ___ _ Dollars (U.S. S 50,400.00 ). 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 nnt <br />paid carlier. due and payable on October I, 2013. <br />This Security Instrument secures 10 Lender: (a) the repayment of Ihe debt evidenced by the Note, with interest, and all <br />renewals. extensions and modifications; (b) the payment of 311 other sums, wilh interest, advanced under paragraph 7 to <br />protect the security of this Security Instrument: and (el the perfonnance of Borrower's covenants and agreements. For this <br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power orsale. the following described property <br />located in Ha 11 County, Nebraska: <br /> <br />The Easterly Fifty four (54) feet of Lot Six (6) and the Westerly Thirty <br />Eight (38) feet of Lot Seven (7), in Block One (1), Plea~ant View Seventh <br />Addition to the City of Grand Island, Hall County, Nebraska, <br /> <br />Thi s is a Purchase Money Deed of Trus t. <br /> <br />which has tbcaddrcss of <br /> <br />902 East Sunset <br />(Sue.I) <br /> <br />Grand 151 and <br />(Clly) <br /> <br />Nebraska <br /> <br />68801 <br />(Zip Code) <br />TOGETHER Wrm alllbe improvements now or hercaner erected on the properly, and .11 casements, rigbts, <br />appurtenances. rents, royalties. mineral, oil and gas rights and profits. water rights Bnd stock and all fixtures now or <br />bcreaI\era pari oflbe property. All rcp1BCC111colll and additions shall also be covered by this Security Instrument. All nflhc <br />forqoingiuefcrrcd to in thisSecurilY InliUUmcot u the "Property," <br />BoRROWER COVENANTS lhat Borrower is Iawrully seised of the esl.te bereby conveyed .nd bas the righlto grant <br />aDd COIIVey tbe Propcny and thai the Property is unencumbered. CJlcepl ror encumbrances of rrcord. Borrower warrants <br />and will defend acocral1y Ibe litle to tbe Property against all claims and dem.nds, subject to any encumbrances of record. <br />THIs SECURITY INSTRUMENT c::ombincs uniform covenants for national use and non-unironn covenants with <br />limited variations by jurisdaction Roconstitute a uniform security instrument coverins real property. <br /> <br />("ProperlY Address"); <br /> <br />NEBRASKA-50...,. '....iIy-fMMA/fI\LIIIC UlOrOll1Ol INSTIIUIlDIT <br /> <br />NIS ,'rI4Nf:. <br />Form 1021 12/13 <br /> <br />"~I"L..II.'_" <br />'_"I! <br />