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In rri but rJ CID ca c, t DEED. OF TRUST � ilS p> pF'Titq i � "Security Instrument") is made on Augusti' his and her 14 88 :'I'h ttwimis - Pa ck F. Schrad and Kathryn. ?A. Schrad, each orM ' 3 and , ns sp t ' f earl# :tether, ("Borrower'). The tnsfee is Earl D. A63 %chwede, ' Attorney ( "Trustee'). The beneficiary is The �l<quitable Building and Loan Association, ,which isorpnizedandeaisting under the laws of . the State of Nebraska' , and whose addrirss is 113 -115 ,North Locust Street, Grand Islandt Nebraska 68801 ( "fir'). " Borrower owes Lender the principal sum of Fifteen Thousand.' z id no/ 1011 ------ — -- ---- °— = --------------r"------- Dallars (U.S. 51S ago. L2 .. ' )• "rti� debt is evidenced by ?9orrowees note dated tt%e same date as this Semrity Instrument ("Note"). which pemits for mae -ft paymenlis .with Ow Ul debt, if not paid artier, due and payable on ' September 1, 2004 This Security Instrument secures to Lender: (a) the repayment of for debt evidenced by the Note. with interest. and all renewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under paragraph 7 to pratect that 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 k trustedin Hall County. Nebra U. The North Ninety -Five Feet (950) of Lots Four (4) , Five (5) , and Six. (, ?i>ia Block Fqur (4) in Brett`.�and Johnson's Addition to Wood Risaer, Hall County, Ne::. ^aaka, . : mgr.: f. 1. whilchhatttheaddressof 1307 Walnut Street , Wood River , Istrm] Icy yl Nebraska 68883 ( "Property Address '); - [ZIP COW TWE70E1e w110 all the improvements now or hereafter erected on the property, and ali easements. rights, - tppurtenances, rents. royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter s part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the forrping is referred to in this Security Instrument as the "Property." BORROWER COvENANKFS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the PrrVerty is unencumbered, except for encumbrances 64:rcord. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumnbrances of record. Tilts Srcrt:RIrY 1%S1PUMEhT combines uniform covenants for national use and non-uniform covenants with limited variations by juri%�-tion tocottstmtute a uniform security instrument co►cnng real property ' ME6MAUA..sa -,& ramAy_FMM ANKMC UWO*U iRSTRM KI41 Form 3028 12163 +.:T.:j,1 laaaniaaoaSer:G.� -� + {;� ♦ars]�aati .