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pr ea a . <br />rn <br />rn <br />fir <br />cn <br />ae O <br />v <br />[spa flow tats um tw Am pleaI <br />N <br />DEED OF TRUST <br />` THIS DEED OF TRUST ( "Security Instrument ") is made on July 28, _ <br />Q <br />19 89 .The trustoris Dale W. Stolle and Nancy L. Stolle, each, in his and her own right, and <br />s as spouse of each other, ( "Borrower "). The trustee is Earl' O. Ahlschwede, Attorney <br />("Trustee'). The beneficiary is <br />The Equitable Building and Loan Associatiion, , which is orpmzed and existing <br />under the laws of the State of Nebraska , and whose address is 113 -115 North Locust <br />Street, Grand Island, Nebraska 68801 - ( "Lender "). <br />Borrower owes Lender the principal sum of Thirty Three Thousand and no/100 --------------------- <br />----------------------- - - - - -- Dollars (U.S. S 33,000.0() ' ). This debt is evidenced by Borrower's note <br />-i dated the same date as this Security Instrument ( "Note"), which provides for monthly payments, widi the full debt. if not <br />paid earlier, due and payable on August 1, 2019 <br />This Security Instrument secures to Lender. (a) the repayment of the debt ev-idenceo by, a'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 efBorrowees covenants and agreetnents. For this <br />purpose. Borrower irrevocably grants and conveys to Trustee, in trust,,with ppower of sale, the following described property : <br />located in Hall County, Nebraska: <br />Lot Three (3) and the Northerly Thirty, Salt. Feet of Lot Five (5) , Block Thirteteh .(13) , in <br />Scarff'g Addition to West Lawn in the City of Grand Island, Hall County, Nebraska,. <br />z -_ <br />whichhastheaddressof 1630 • North Taylor Street, Grand Island , <br />Istr") LOW <br />Nebtraska 68803 ( "Property Address"): <br />V-0 Code) <br />r <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, rights, <br />aVPun nuinces. rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or <br />hereaAer a part of the property. All replacements and additions shall also be covered by this Security instrument. All of the <br />foregoing is referred fain 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 for encumbrances of record. Borrower warrants <br />and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. <br />Tests SECURITY INSTRUMEt ;T combines uniform covenants for national use and nonuniform covenants with <br />limited variations by jurisdiction to constitute a uniform security instrument covering real property. <br />NEBRASKA- -S!n &, F_*r^'v— fNMAtfNLMC UNIFORM INSTRUMENT form 3028 12183 <br />��. +94MQ0711Ll07 <br />