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<br /> : DEED OF TRUST ��
<br /> ' _ THIS DEED OF TRUST ("Security lnstrumrnt")is made on Apri 1 13� . �
<br /> 19 90 .The truscor is Michesl 0. 6a�xales snd Ci�eryl K. 6onzalee, each in his and her own
<br /> ; right, e�d as epcnrse of asch othsr('�Barrower").The trustee is Earl D. Ahlsctieds,
<br /> • �t,p�y� ("Trustce").The benefieiary is
<br /> lhe Equiteble 8uilding e�d Loen Aaaoeiation, ,which is organized and existing
<br /> unde�the taws of the Stete of Neb�Ceeke ,and whose address is 113-115 North LOCUSt
<br /> Sr.reat, Grand Island, Ne6z`eska 68801 (•'Lender").
<br /> Borrowerov�esLendertheprincipuisumof 7Ni.�GY Thousend end n0/Y00 --------------------------
<br /> -----------------------------flollars(U.S.S 30,000.00 ).This debt is evidenced by Borrower s note
<br /> � dated the sum¢date as this Security Inserumcnt("N�tc"),which providcs for monthly paymeats,with thc full debt.if not
<br /> paid esrlicr,due and payable on Ms�' 1� 20Q5
<br /> � Thes Secucity Instrumertt secures to I.ender: (a)thr rtepayment of the debt evidenced by the Note.with interest.and all �
<br /> . r�nev�als,catensions and modifications;(b)the payment of all other sums. with interest.advanced ur�der paragraph 7 to
<br /> � prottct tht secutity vf this Security Instrument;and(c)the perfc�cmance of Borrower's covenants and agreements.Har this '
<br /> � purpose,Horrower irrevacably gmnts and conveys ta Trustee,in taust.with power of sale,the follovNing described pruperty
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<br /> . : lpcated in �u County,Nebrusks: �.�.-
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<br /> ' 7lhe Meaterly Eifty-Six (56) Feat of Lot One (i), Franzen Subdivision in the City of
<br /> � 6rand Ial.and, Nsll Courtty, Nebraska,
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<br /> which has the address of 3027 iiest 16th S�reet . Grand Island .
<br /> (st►��� ;c,cy�
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<br /> �- �lebraska 6"oSL� ("i'rape;�� ,�ddt.�as");
<br /> SI�v coael
<br /> TOC;E?NER WITH all the improv�ments now or her�after erected on the propercy, and alf casements, nghts,
<br /> appurtenancts, rents, royalties, mineral, oi) and gas rights and profits, water n�hts and stock and all fixtures now or '
<br /> hereaftnr a part of the property.All replacements and addiiions shall also�e corered by tfiis 5ecurity lnstrument.All of the
<br /> L foregoing is referred to in this Security Instrument as the"Froperty."
<br /> BE2RirtOWER COVENANTS t1a�t Harrower is lawfully seised of ti�e estate hereb�convey�c^d and hati the n��t to grant
<br /> antl eonve�_he Ptuperty and that��e Property is unenrumbercYl,except for encurnotarzze5��f rrcv:d. i3utrc,wrt ti�:�rrairts
<br /> and will defend general9y the titie eo the Property against all cla�ms and demands, tiubjret to any eacumhrancr�of recor�f. , h"
<br /> THIS SEc:URitv 1�StR��R�Etit combines umfarm cover►ants f�r natianal usc and non•un�f��rrn cn:cnant� with , �.
<br /> limited vanations by junsdiction tr�const�tute�uniforni�ecunty instrumcnt�o�crcng real prc��eriy �. ,�
<br /> NEBRASKA-s��tP�c Etunly—fNMAIiNIRAi, UNIFORM IN$TRUME�JT forcn 303$ 12f$3
<br /> ' " � 1 St0025A 0209'.� , . .� �80�S5D 2QA3 �
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