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<br /> � DEED OF TRUST
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<br /> i THIS DEED OF TRUST (•'Security Instrument")is made on Januery 17, ,
<br /> � 19 90 .Thetruscoris Edmund H. Schlund and Jacqueline L. Schlund, each in his and her ow�
<br /> � right, and as spouse of e�ch othex{"�onower").Thetrusteeis Earl D. Ahlschwede, Attorney .
<br /> I ("Trustee").The beneflciary�s
<br /> � The Equitable Building and Loan Associatio�, .which is organized and existing
<br /> , under the laws of the State of Nebraska ,and whose address is 113-115 North Locust
<br /> � Street, Grand Island, Nebraska 68801 . ("Lender").
<br /> � Barrower owes Lender the principal sum of Farty Three Thousand Six Hundred and no/100 ----------
<br /> � _____________________________Dollars(U.S.$ 43 600.00 ).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,iinot
<br /> i paid earlier,due and payable on February 1, 2010 _
<br /> ! This Secwiiy Instrument secures to Lender.(a)the repayment of the debt evidonced by the Note,with interest,and all � �
<br /> � renewals,eatensions and modifications;(b)the payment of all other sums,with interest.advanced under paragaph 7 to
<br /> ; prutert the security of this Security I�strument;and(c)the performance of Borrower's covenants and agreements.For this `3t
<br /> i purpose,Bonower irrevocably grants and conveys to Trustee,in trust,with power of sale,the following described property ? �
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<br /> . ,-{ located in Hall Connty,Nebraska: -_ , - - __,, `_
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<br /> ' Lot Two (2) , 81ock Four (4) , Normandy Estates, an Addition to the City of Grand Island, :
<br /> i Hall County, Nebraska
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<br /> ahichhasthea.ddressof 1523 Windsor Road , Grand Island, ,
<br /> � [StreetJ [Ciry) ---
<br /> Nebraska 68803 (`•property Address"); � '
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<br /> � TOGETHER WITH a11 the improvements now or hereafter erected on the property. and all easements, rights, f �
<br /> � appurtenances, rents. royt►fties. mineral, oil and gas rights and profits, water rights and stock and all fixtures now or �
<br /> h�reafter a pan of the property.All replacements and additions shall also be covereci by this Security lnstrument.All of the
<br /> foregoing is refened to in this Security Instrument as the"Property."
<br /> � �„_, BoRROw�R CovENwN7s that Borrower 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 wil)defertd generally the title to the Propeny against all claims and demands,subject to any encumbrances of record. n'
<br /> � TtttS 5FClsTtI1V 1TdSTRUMENT combines uniform eovenants for nationa! use and non-unif�rm covenantti with , �
<br /> limited variations by jurisdiction to cor�stitute a uniform security instrument covering real property. t� „
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<br /> NEBRA5KA--s�nR�a Fam��y—fNMA/fHLMC UNIfbRM INSTRUMENT furm 3026 12/83
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