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19 90 :ThetnWoris Stuart L. Schlatz and Joni R'., Schlatz, each in his -and her own right, <br />and as. ,spouse of each other ("Borrower").Thetrustee Earl is El D. Ahlschwede, Attorney <br />. (`Trustee "). The beneficiary is <br />The Equitable Building and Loan Association, , which is organized and existing <br />un&n the laws of • the State- of Nebraska. , and whose address is 113 -115. North Locust <br />Street, Grand Island, Nebraska 68801 ( "ceder")• <br />B orrowerpwes Lender, the principal sum of Forty Five Thousand. Six hundred and no/ 100 ---- - - - - -- <br />________� (U.S. S 45, 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, if not <br />paid earlier, due and payable on October 1, 2010 - <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest'. and all <br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />protect the security of.this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpasci Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />located in Hall County, Nebraska: <br />Lot Two (2), Harrell Subdivision in the Village of Doniphan, Hall County, Nebraska,. <br />which has the address of 202 West 5th Doniphan <br />(st :sett (C�rrl <br />Nebraska 68832 (" Property Address"). <br />(Zip code) <br />T.ot)"Ht=st WITH. all. the improvement now or hereafter erected on the property. and all casements. rights. <br />appurtenances, rents, royalties. mineral. oii and gas rights EIndjnUlily, w alcr uphis arid juluk and all finti v"v, ; ;;iv: „r <br />hereafter a part of the property. All replacements and additions shall also be-covered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." <br />BORROWER COVENANTS 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 fur encumbrances-of recut fd. borrower warrants <br />and will defend generally the title to the Property against all claims and demands. ,whject to ally encumbrances ul record. <br />TH15 5ECCRM IN.STRt34t: %'I' cornbmeA uniform covenants for national use snd non- utntFrrrn covenants with' <br />limited variations hyprisdicttun to constitute a uniform security instrument covering rail rtorertV. <br />NEBRASKA -- Single Family— FNMA /FHLMC UNIFORM IN5rRUMENT. form 3029 IZ /Ei3 <br />.. ..._��,.. � t•tltCf:t33•i�0 ?'.-- .� - �,'firaA�3Jt12�n: <br />�IM <br />�L <br />. <br />to� , <br />La <br />u' <br />. <br />71 <br />[Spice 11es.e r a Linn trot IAcW*g osesl <br />. , <br />DEED OF TRUST <br />THIS DEED OFTRUST <br />( "Securi ty Instrument ") is made on September 4, <br />. <br />19 90 :ThetnWoris Stuart L. Schlatz and Joni R'., Schlatz, each in his -and her own right, <br />and as. ,spouse of each other ("Borrower").Thetrustee Earl is El D. Ahlschwede, Attorney <br />. (`Trustee "). The beneficiary is <br />The Equitable Building and Loan Association, , which is organized and existing <br />un&n the laws of • the State- of Nebraska. , and whose address is 113 -115. North Locust <br />Street, Grand Island, Nebraska 68801 ( "ceder")• <br />B orrowerpwes Lender, the principal sum of Forty Five Thousand. Six hundred and no/ 100 ---- - - - - -- <br />________� (U.S. S 45, 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, if not <br />paid earlier, due and payable on October 1, 2010 - <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest'. and all <br />renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to <br />protect the security of.this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this <br />purpasci Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property <br />located in Hall County, Nebraska: <br />Lot Two (2), Harrell Subdivision in the Village of Doniphan, Hall County, Nebraska,. <br />which has the address of 202 West 5th Doniphan <br />(st :sett (C�rrl <br />Nebraska 68832 (" Property Address"). <br />(Zip code) <br />T.ot)"Ht=st WITH. all. the improvement now or hereafter erected on the property. and all casements. rights. <br />appurtenances, rents, royalties. mineral. oii and gas rights EIndjnUlily, w alcr uphis arid juluk and all finti v"v, ; ;;iv: „r <br />hereafter a part of the property. All replacements and additions shall also be-covered by this Security Instrument. All of the <br />foregoing is referred to in this Security Instrument as the "Property." <br />BORROWER COVENANTS 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 fur encumbrances-of recut fd. borrower warrants <br />and will defend generally the title to the Property against all claims and demands. ,whject to ally encumbrances ul record. <br />TH15 5ECCRM IN.STRt34t: %'I' cornbmeA uniform covenants for national use snd non- utntFrrrn covenants with' <br />limited variations hyprisdicttun to constitute a uniform security instrument covering rail rtorertV. <br />NEBRASKA -- Single Family— FNMA /FHLMC UNIFORM IN5rRUMENT. form 3029 IZ /Ei3 <br />.. ..._��,.. � t•tltCf:t33•i�0 ?'.-- .� - �,'firaA�3Jt12�n: <br />�IM <br />�L <br />. <br />to� , <br />La <br />