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90---106940 <br />nw» awn /Me we fm Mrews Owl <br />DEED OF TRUST <br />TM MM OF TRUST Maturity Instrumeat") is mule as November 26 <br />1990 . The traitor is Jerry L. Schultz and Linell S. Schultz, Husband and Wife <br />( "Borrower "). The uwtee is AREND R. BAACK, fallamay i"Trustee "l. <br />The beneficiary is NOME FEDERAL SAWNGS AND LOM ASSOCIATM OF GRAND {BLAND, NEBRAISKA. which is <br />araaataed MW existing a Ww the laws of NEBRASKA, and wbm address is 221 South LOOM, Grand laMisd, Nabsaaka <br />ati01( Leader"). <br />BoMMero%=L4ndartbeprhMjpMs=of Thirty Seven Thousand One Hundred Seventeen and 44 /100 <br />- - - - -- Ddbn(U.8.S 37,117.44 ).7u debt isevideacedbyBwoweesnote <br />doted tle wine date as this `ucusity Ltstrument ( "Nate'). which pr+ovida for moaddy payments. with the full debt. if not <br />earlier, due and payabkon December 1, 2000 <br />Security Instrument secures to Leader: (a) the repayment of 11ie debt evidenced by the Nate, with interest, and all <br />renewak exteasions and modiAations; (b) the payment of aN other sums, with interest, advanocd under paragraph 7 to <br />pt Dteet the aecurity of this Security Iashmment; and (c) the psrfortrvsace of Borrower's covenants cad agreements. For this <br />purpose. Borrower irrevocably grants and conveys to tnns,e; in irtast. with power of sane, the following described property <br />located in Hall County. Nebraska: <br />Lot Thirteen (13), Block Two (2), in Southern Acres Addition to the City <br />of Grand Island, Hell County, Nebraska. <br />wbiebbastheaddrasof 418 W. Stagecoach Road Grand Island <br />(su"I ludyi <br />Nebwaka 68801 ( "property Address••} <br />[to cold <br />��yy���TOGETHM Wrte all the improvements now ar I ormeftor orwor.d am ra,w .rvwn.,fv mad all ..........,. .:.1.ra <br />- R-'.-_ renm loyalties, mineral, ell and is and rights and stock c- — ^ -mow <br />gas nigh profits, water ri band and all Ssttsra now or <br />hereafter • pan of the property. AN replacements aid additions shall also be covered by this Swarity Instrument. AN of the <br />re egn S is nkned to is thin Security Inun m mt as the ••Property •' <br />BORROWER COVENANTS that Borrower is lwvfully 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 />OW will defend generally the title to the Property against all chums and demands. subject to any encumbrances of recosd- <br />Tum SECURITY INSTRUMENT Combines uniform covettsnts for national use and non - uniform covenants wnth <br />limited variations by jurisdiction to constitute a uniform smrity instrumatt covering real property. <br />OEBRASKA we Fad- -stwA/tn IM tltetFatttt a11ITMO [tlr <br />rMrnew law rems- <br />I%M 1016 <br />Ferns 3026 12/07 <br />