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<br /> ' DEED OF TRUST �
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<br /> j _ THIS DEED OF TRUST (•`Security Ir�strumenY')is made on May 7 . _
<br /> ; 19 90 .The trustor is ponald E. Pauly a� Marlene Pauly� each in his and her awn right, and
<br /> � es spouse of �ach other ("Bonower").The trustee is Eerl 0. lihlsctwede, Attorney
<br /> � ("Trustee").The beneficiary is
<br /> 1?1e Equitable Buil.ding end Lo�1 Associetion ,which is organizcd and existing
<br /> i under the laws of the State of N86reska ,and whose address is 113-115 North Locust
<br /> 1 StreeL. 6rand Islend, Nebraska 68801
<br /> (_'I.en�er'—)--
<br /> i Bonower owes Lender the principal sum of Forty Thousend end no/100 ------------------
<br /> � ----------------------------flollars(U.S.S 40,000.00 ).This debt is evidenced by Aorrower's note
<br /> idated the same date as this Security Instrument("Note").which provides for monthly payments,with the fnll debi,if not
<br /> " paid earlier,due and payabla on Jurte 1, 2005
<br /> � This Security Instrument secures to Lender:(a)the r�payment of the debt evidenced by the Note,with interest.and all �� �
<br /> rentwals,extensions and modifications;(b)the payment of all other sums, with inierest,advanced under paragraph 7 to � ;
<br /> ; protect the security of this Security Instrument;and(c)the performance of Bonower's covenants and agreements.For this
<br /> ` purpose,Bonower irrevocably grants and conveys to Trustee,in trust,with power of sale,the following described property �
<br /> � locatedin Fiell County,Nebraska: � �-
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<br /> ' Lot Seven (7), i�ites Sunny Slopes Subdivision i.n Hall County, Nebraska ';;`
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<br /> which has the address of 209 Sunny Orive , Doniphan. ,
<br /> (st�ee�� rc�Nl
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<br /> Nebraska 68832 f"Yroperty Address");• •
<br /> izip code2 ,
<br /> TdGETHER WITH all the improvements naw or hereafter er�cted on the property, and all easements. rights, �
<br /> appurtenances, reftts, royalties, mineral, aiL and gas rights and praf�us, water rights and stack and al! fixtures now or
<br /> hereafter a part oFt�:e property.All replacements and additions shall at�be covered by this Securit}•Instrument.All of the
<br /> foregoing is referred to in this Security Instrument as the"Property." �
<br /> L &�RROwER COVErtAriTS that$orrower 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,eacept for encumbrances of record. Borrower watrantti
<br /> and will defend generally ihe tstle to the Property against ali claims and demands,sub�ect to a*�L encumbrances nf record. n
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<br /> THIS 5ECL'RITY lystR�yfF:�T combines untform covenants far nanonal �sr and norz•uniform �otienanis ��ith �
<br /> limited variations by jurisdicUon to constitutie a uniform security instrument roti•enn�;rcal rrnpeny. �� •
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<br /> NEBRASKA-s�ngle family--FNMA/fNLMC UNIfORM INSTRUMENT Fo�m 302t3 l2/83
<br /> ° ' ' 1 800 253 O?09V'. . . . .. 1 804 358 284� �
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