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<br /> Ispace A6ovc This Ltns For Recad�nj �ata] ��
<br /> : � DEED (}F TRLJST � � : �
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<br /> '•' •_ � THIS DEEDOFTRUST {MSecntity[nstrument"�is madean March 22, ' , . . �
<br /> I990 .Tltttrustoris Timothy A. Bayley.and Diane L. Bayley, each in his and he�.o►m right; -.:-; � -
<br /> � and�as spouse af eacfi other �ygnrrower").Thetrusceeis �ar2 D. Ahlschwede, t�ttorney " �
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<br /> . , {"Tnrsta")_1'he beneSciary is , _ . `
<br /> . The Equi'�a61e Building artd.Laan Associatian ,which is or�anized and existing . �� '�-:`'�;� �
<br /> .. underthelawsof the State of Nebraska .andwhoseaddressis.. 113-115 Not'th LoCUSt ... . ` `'��="=�-'`
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<br /> ' StreQt, Grand Island, Nebraska - ("Lender"): ���;}!r�"� �
<br /> j Borrower owes Leeder the principal sum of Twenty Thousand and no/�.�0 ----------------------- "'"`.:"�.:;:;
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<br /> . : --�?ollars(U.S.$20,000.00 ��is dc��isevidenced by Borrnwer's note :...��.:'. ::;:�.:
<br /> dated the same date as this Securi,ty Insirument("Note"),which pruvides for zaoa�Iy pa.��ents,with the full debt.if not � .
<br /> paid earlier.due and payable on April 1, 20Q5. � � . ' �
<br /> This Securiry Instrument secures to l.ender:(a)the Eep�.;�ment of the debt e�z�e�ced 6y the Note,with inte•rest,and all ` � �
<br /> i rertewals.extensions and modifcatians; (b)th�p�.�zsa�nt�of all other sums,with interest.advanced undor paragraph 7 to ' % ;
<br /> protect the security of this Security Instrument;aad�c)the performance of Bonower's cow�ants and agreemea�ts.Fvrthis � �
<br /> � purpose.$orrower irrevacably grants and cnaeve��t�Trustee.in trust.with power of sal�,rdi�Cal3owing described prup�y � � � �
<br /> " � . lacated in Hell • County,Nebraska: .� , t
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<br /> �{ � '' ;� � � .,i�et One (1) Dubbs Subdivisian, Nall Caunty, Nebraska, -
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<br /> � whichhastheaddressof Rc/ute 3, Box 216 , Wood River ,
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<br /> Nebraska 68883 ("property Address'"y: '
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<br /> , ToG�H�R W�TH all the impravements now or hereafter erected �n the property.nnd all easements. rights. � ;
<br /> - � � appurtcrtancc�s. r�nt5, rayafuE�,�t�itte«�.bit and gas rig�ts and pr�fits. water rigiifs and stock and all 6xtutes naw or �-- �
<br /> hertaRer a part o1'Ihe praperty.All repl�cements�tsd additions shall also be covered by this 5ecutity instrument,All oithe
<br /> � fnregoing is referred to in thi9 Security Instrument as the"Prnpeny."
<br /> BattRUw�k CuvEN�N7S ihst�orrower is lawfuity seised oFthe eslate here6y ccrnvcycd and has the right to grant
<br /> � and convey the Praperty and that the�'mpetty is unencumDered,except far encumtrtances of recutd. Hc�rruwcr wvrranls �.
<br /> artd witi Qtfend generaliy the title to the Prnpe�ty against ali claims gnd demands,subJect t�any encumbrances of rec�ird. �
<br /> 'fflts 5F.t'��a1i� Ik5'ii4E=Mt�T eumt+ines urtitotn� covrnants ftu naticmaS use ancf non-unrfornr c�rcnanrs ivith ,
<br /> irmitcd��R�tiT�s by jtiti��fi�iiUn[o constitu(e a untform seiurityr instrament��i�•ering reat pt���+crrv- �, a
<br /> NEB�tASltA--=r�np't �am.fY--iNMA/ihi.MC UNIfORM {NSYftUAitENt Form 3028 1118�
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