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I i i 7 89-- 103158 ESP" W%* r tr tare fW Rasor" Octal DEED OF TRUST ;_. THIS DEED OF TRUST ( "Se.vurity Instntment.").is made on June 21, _ ' 19 89 Thetrustoris Gary E. Walasek and Mary G. Valasek, each in his and her own right, and as s pouse of each other ( °Borrower"). The ttusteef is Earl 0. Ahlschwede, Atti►rney ( "Trustee"). The beneficiary is ,, The Equitable Building and' Loan Association , which is organized andexisting under the laws of the State of Nebraska. , and ivFa`&se address is 113 -115 North Locust -$rand Island, Nebraska Borrower owes Lender the principal .sumof "Timelve Thousand..Eight Hundred and no /100 -------- - - - - -- ` — -- --- --- @QFP►rs (U.S. S 12, 800.00 ). This debt is evidenced by Borraswier's note dated the same date as this Security bstrudicgt. (; "Note" ), which provides tai monthly payments, with the full debt, if not paid earlier, due and payable on Jwly 2',' 2004 This Security Instrument secures. to, Linder: ('ai tide repayment of the debt evidenced by the Note. with intermit, and all' renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under pat>6taph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this purpose. Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in Hall County, Nebraska: 1 - - - -- - - - -- 1 Lot Seventy (70) , . in West Heights Addition to the City of Grand Island, ' Hail to+unty, Nebraska, l which has the address of 416 West Avenue Grand Island , Estraet) NO] Nebraska 68803 ("Property Address•'); VIO code) TOGETHER WtTti all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter apart of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered. except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record THIS 5 xvitITY 1151Rt'Mt yr combines uniform covenants for national use and nonuniform co,6cnants with limited variations by jurisdiction to constitute a uniform eecurity instrument co-vering real property NEBRASKA cam;,f— FNAIAJFNtWC UNiF0111M INSTRUMENT Form 3028 12183 � , taaouaa oaoa'... • • .�. • .. ♦ t+oo a!a tNJ a .• 2 4�.. . 1. rr4 i' t