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Joel Shafer and Janell Shafer, Husband and Wife
<br />("Borrower"). The trustee is Earl D. Ahlschwede, Attorney At Law
<br />("Trustee"). The beneficiary is Equitable Federal Savings Bank of Grand Island
<br />which is organized and existing under the laws of The State of Nebraska and whose
<br />address is 113 -115 N Locust Street, Grand Island NE 68801 -6003
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Two Hundred and Fifty Thousand Dollars(U.S.$ 250,000.00 ),
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note , which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on August 10, 200"),
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (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 of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall
<br />County, Nebraska:
<br />BLOCK THREE (3),IN PONDEROSA LAKE ESTATES SUBDIVISION, IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />which has the address of 30 Pondersoza Drive
<br />Grand Island [City], Nebraska 68803
<br />NEBRASKA - Single Family- FNMA /FHLMC UN'FORfA
<br />- BR[NE) i921n.0s INSTRUMENT F3" de 1911
<br />a VMP MORTGAGE FORMS - 18001521 -7291
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<br />O '"
<br />DEED
<br />OF
<br />TRUST
<br />THIS DEED OF TRUST ( "Security
<br />Instrument
<br />") is made
<br />on
<br />August
<br />1,
<br />2002
<br />The trustor is
<br />Joel Shafer and Janell Shafer, Husband and Wife
<br />("Borrower"). The trustee is Earl D. Ahlschwede, Attorney At Law
<br />("Trustee"). The beneficiary is Equitable Federal Savings Bank of Grand Island
<br />which is organized and existing under the laws of The State of Nebraska and whose
<br />address is 113 -115 N Locust Street, Grand Island NE 68801 -6003
<br />( "Lender "). Borrower owes Lender the principal sum of
<br />Two Hundred and Fifty Thousand Dollars(U.S.$ 250,000.00 ),
<br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note , which provides for
<br />monthly payments, with the full debt, if not paid earlier, due and payable on August 10, 200"),
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals,
<br />extensions and modifications of the Note; (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 of Borrower's covenants and agreements. For this
<br />purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property
<br />located in Hall
<br />County, Nebraska:
<br />BLOCK THREE (3),IN PONDEROSA LAKE ESTATES SUBDIVISION, IN THE CITY
<br />OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />which has the address of 30 Pondersoza Drive
<br />Grand Island [City], Nebraska 68803
<br />NEBRASKA - Single Family- FNMA /FHLMC UN'FORfA
<br />- BR[NE) i921n.0s INSTRUMENT F3" de 1911
<br />a VMP MORTGAGE FORMS - 18001521 -7291
<br />iti
<br />Page 1 of B Inal .
<br />[Street]
<br />Zip Code] ( "Property Address ");
<br />
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