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<br /> � DEED OF TRUST
<br /> � _ THIS DEEI�OF TRUST ("Security lnstrument")is made on January 16 , _
<br /> � 19 90 .The crustor is $ue E. Ponton, �n unmarried person
<br /> i ("Ho�rower").Thetrusteeis Earl D. Ahlschwede, Attorney
<br /> ; ("Trustee").The beneRciary is
<br /> The Equitable Building and Loan Association� .which is organized and existing
<br /> undcr the laws of the State of Nebrasica ,and whose address is 113-115 North Locust
<br /> , Street, Grand Island, Nebraska 68801 (•'Lender").
<br /> HorrowerowesLende�theprincipa3surriof Eleven Ti�ousand One Hundred and no�100 -�-------------
<br /> ___Dollars N�S•� 11 t 100.00 )•'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 dtbt,if not .
<br /> paid earties,due and payabie on February 1, 2Q05
<br /> This Security Instrument secures to Lender:(a)the repayment of the debt evidenced by the Note,with interest, and all ��
<br /> ' renewals,extensions and modifications;(b)the payment of all other sums. with interest,advanced under paragraph 7 to �
<br /> � protect the security of this Security Instrument;and(c)the performance of Borrower's covenants and agreements.For this • ` �
<br /> � � purpos�,Borrowor irrevocably grants and conveys to Trustee,in trust,with power of sale,the following described property ; -;..
<br /> -. � 1�..°.�in i;,;;,I County,Nebraska: � I :'--
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<br /> � Lot Twenty-six (26) in Belmont, an Addition to the City of Grand Island, Hall County,
<br /> � Nebraska, �
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<br /> whechhastheaddressof 306 North Ruby Street , Grand Island ,
<br /> (street] [��'•Y]
<br /> � Nebraska 68803 ("Prope�ty Address"); '' � �
<br /> �Zip Code]
<br /> To�ETHEtt Wrtti al1 the improvements now or hereafter erected on the property, and all easements, rights, ( •
<br /> � appurtonances,rents, rayalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or ; �
<br /> hereafter a part of the property.A11 replacements and additions shall also be covered by this Security Instrument.All of the
<br /> foregoing is refened to in this Security Instrument as the"Property." �
<br /> � � BoRROweR CovEN�►NTS that Bonower is lawfully seised of'the estate hereby conveyed and has the right to grant
<br /> and convey the Property and that the Property is unencumbered,except for encumbrances of record. Borrower warrants
<br /> and will defend generatly the title to the Pro�►erty against all claims and demands,subject to any encumbrances oP record. �.
<br /> �� Tt�iS SECURITY INSTRUMENT combines uniform covenants for nahonal use and non-uniform rovenants with w
<br /> - l�mited variations by junsdiction to constitutc a unifarm security instrument covenng real property. '
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<br /> NEBRASKA �s�nglc F�rrnly—fNMA/FHLMC UNIFORM INSTiiUMENt fo►m 3028 IT/83
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<br /> -.+.�lf � .. •,n• �8bOQ53d20s�.;.•.,•,•�.�..r. 1800•33tP80� �
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