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<br /> � DEED O� TRU " �c'�
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<br /> � THIS DEED OF TRUST ("Security Instrument")is made on May 4,
<br /> i � 19 90 .The cruscor is Tiaothy D. Sta�tan aRd Mary R. Sta�tan, each an his and her own ri.ght,
<br /> � and es apo�use of each other (�•Borrower").TCr.e trustee is E�TI D. Ah1sChNede, Atto1`ney
<br /> � A � � ("Trustee").The beneficiary is
<br /> The Equ�teble 6uilding end Loan Assoeistion � which is organized and existing
<br /> j N under the laws of � �� of Nebraske ,and whose address is 113-115 North Loeust
<br /> � � Streat. Grar�d Island, Nebraska 688U1 (••Lender").
<br /> Borrower owes Lender the principal sum of Forty Five Thousend One Hundred end r�o/100 ---------
<br /> --Heltan(U.s.5 45,100.00 ).This debt is evidenced by Borrower s note
<br /> .{ dated the same date as this Security Instrument("Note").which provides fc�r monthly payments,with t�e full debt.if not
<br /> paid earlier,due and payable on J�ne 1, 2005
<br /> This Secu�it��E�estrument secures to Le�der: (a)the repayment of the debt evidenced by the Note, with interest,and all ' '
<br /> renewuls,eaten:sxvns and modifications;(b)the payment of all c�t?:er sums, with interest, advanced undes paragraFh 7 to
<br /> protect the security of this Security Instrument;and(ca tl�e perforrnance of Bvsrower's covenants and agre�ments.For this �
<br /> purpose,Bottower irrevocably grants and conveys to Tr�astee,in trust,with pouer af sale, the follawing described propeny ,
<br /> located in Hel� County.Nebraska: �,, _
<br /> ; tot Tira (2j irti Jack Vass Horse Cauntry Club, a subdivision located in the Southwest -
<br /> Quarter (SiiOE) of Section Ti�ro {2). ToMnship Eleven (11), NaErth Range Ten (10) liest
<br /> : of the 6th P_M., Hall Courtty, Nebraska,
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<br /> ahich has theaddress of 2804 Nozrttw�st Avenue � , Grand Islapd
<br /> iStreetJ (��A�J --.----�---
<br /> Nebraska �80g ("Pccpeny Address"): '
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<br /> TOGE7HER Wt7H all tht improvements now or heteafter erected on the property, and all easements, rights, ,
<br /> appurtenances, rents, royaities. mineral, o�) and gas rights and ptoflts, water ngh[s and stock and all fixtures now or
<br /> hereafter a part of the property.All replacements and additions shall al�o be covered by�hi s Secur�ty lnstrument. All of the
<br /> focegoing is referred to in this 5ecurity Instrument as the"Property." �
<br /> � 130RRilw'F.1t CpVENA�:tS that Aorrower ic l�wfully seised of the estaie hereh} con�eyed and has the r�ght to grant -
<br /> and eam•e�•the Property and that the Property ic unencumbered,except for encumbtanecti uf recvrd F3orrnuer w�rtants `'�
<br /> and will defend generall�•the t�tle ta thc Property aga�nst all cla�ms and demands,suh�en tn any encumbrenrcti c�f rer��rd �
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<br /> "f�i�s St-r��Kir�� itista��Mt.tir rnm��ncti unif�nn cotienantti for nat�nnal u.r �rz:i nnn-un�fnrm .���rnant� u,�th .
<br /> tim�ted tiar►ation�hc�uri�dict���n tne�m�t�tute a unife�rrn tie�urity m�trument�,�.erin}� re��l�n��crry ..
<br /> NEgRASKA- s �•�:�r �.:�,� ,r FNIAA/iHIMC IJNIFORPA INSTRUMENT Fo�m 3028 12i83
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