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f.. .7r n + l u V t - w 1 C7 I'd v, Its anew D" firm Far itiuno 1a 00101 DEED OF TRUST M311 _ THISDEEDOFTRUST (•'Securitylnstrumem ")ismadeon December 4, 1 --n- 19 90 . Tim trustorisEugene A. Stadler and Ardya N. Stadler, each in his and her own right, and as spouse of each other ( °Borrower"). The trustee is Earl D. Ahlschwede , Attorney 0r ( "Trustee'). The beneficiary is Equitable Building and Loan Association which is organized and existing under the laws of State of Nebraska , and whose address is 113 -115 N. Locust Street - Grand Island, Nebraska 68801 ("Lender'"). Borrower owes lender the principal sum of Twenty -nine Thousand Five Hundred and no hundreds--- - ----------------------------- Dollars (U.S. S 29,500.00 ).This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note"), which provides for monthly payments, with the full debt, if not paid earlier, due and payableon January 1, 2011 This Security Instrument secures to Lender: (a) the repayment of the 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 protect the woutity of tidy Security Llstrumenti and (c) the performance of Borrower's covenants and agreements. For this - -- purpose, Borrower irrevocably grants andeonveys to Trustee, in trust, with power of sale, the following described property W-; Z located in Hall County, Nebraska: Lot Sixteen (16), in Block Two (2), Continental Gardens and Addition to the City of Grand Island, Hell County, Nebraska. which has the address of #16 Vie Como Grand Island l IStreetl [city) Nebraska 68803 ( "Property Address "); IZo Cot1ol TOGETHER WITH all the improvements now or hereafter erecieo on the property, and aii easements, 14hia, t• 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." j 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 SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform cosenavas with Imatted variations by jurisdiction to constitute a uniform security instrument covering real property. 1 KBRASKA —single Family— FNMA /FHLMC UNIFORM IN1ITFttIMENT Firm W. Form 30211 12/11113 1 Odaa9-0aaa hr...,r, • M.>ps• 1�7N�Ma