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' _..__ ..._ � � 1 ! � i ��1--. 100�4 q �`' s�a�N��a Deed of Trust �H��.:,� _ _ . ._ f 321-137296� 703b_ _� � '�11�ts I)ea!at'iY�nl("Security InstrumenY')is made an 3anuary 9 5 , - t9 90 .The tnutor is Ralph H. Ford and marla H. Ford, Husband and Wife, (��Borrawer").TMe trustee is Arend R. Baack, Attorney ("'i►usta").'fhe beneficiary is h101ylE FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND ,which is org�nized�nd cxisting �<<�uWS a' Nebraska ,and who6e addres9 is 221 South Locust Grand Island, Nebraska (��Lsnder"). Wilee�elk Tlwt the Borrower in oonsidentio�of the debt and trust herciaafter dcscribcd and created.and thc sum af One Dall�r(S I 1.ta bim in lund paid by the Tn�,ste�the receipt of which is her�by acknowledged,does by these prcsenls gant.bargain and sell.oonvey and , ao��firm,unto stie Trustoe in tnu�.with power of s�le.forever.all of the following described rea!esute.situatod lying and being in tMe County of Hall ,and Stau of Nebraska.to wit: Lot Three (3), and the West Fifteen Feet (W 1S' ) of Lot Two (2), both in Block Four (4), in Ashton Place, an Addition to the City of Grand Island, Nall County, Nebraska. . The rider to the mortgage attached hereto and executed of even date herewith is incorporated . herein and the covenants and agreements of the rider shall amend and supplement the covenants and agreements of this mortgage. whic6 has the address of 2215 West Koenig Grand Island ` : (suen) ' (u�y� + _, 68803 � �'� NeMui�a tziacoae� ("Piroperty Address"): �� i- Tv Have a�d To Hald the premises above described,with all the appurtenarwes thereunto belongiog and including a116eadng.plumbing and s lighting fixtuns and equipmpu now or hercafter attached to or used in wnnection with said rea!estate unto the Tnasue.u►d to its suooessors ' and�igns,torever.Tl�e Borrawer represents to.aad convenants with,the Tnuta.that the Bortower has good right to xll and oonvey said premisw;tLtt they aro fra from encumtxana;and that the Borrower wU wamnt and defend the simo against the lawful dsims of all persons , whomaoeva;aad the stid Borrower hereby rclinquishes all rigbts of homestead.and all muital rights.either in law or in equity.and all othec oontingent interests of the Barower in and to the abovadescribed prcmises,and intention beiag to oonvey hereby an absolute title.in fa simple. - ' inclndieg all riahtt of ho�tad,and other rig6u and interests�s aforesaid. � Pmvided Ahvays,and these prcsenu are executed and deGverod unro the Trusta.in trus�however for the following purposes: Whereas,the Borrower oo t6e 15th ,day of J2nuaTy . 19 9Q ,borrowed from the Lender thesumof Sixty Seven Thousand Two Hundred Fifty and No/100ths------------------_..-________ `� --------------------------------------DoUars(S 6?,250.00 ),for which � ��.. sum the Borrower bas executed and delivetod to the l.ender Bonower's promissory note ot even date.baring � i intercst of the rzte of Eight & One/Half per antum( 8.50 `•K)per annum on the unpaid balance until paid. �." TNe said princip�l and inureu sh�ll be payabk at the office of Home Federal Savings and Loan Association of � '. G'rand Island, 221 Sou�h Locust in Grand Island, Nebraska ,or at such other plaoe as the holder of the note ' � may designau in writing,in monthly inststimsnrs of Six Hundred Sixty-Two and 24/100ths--------------------- • -Dollars(S 662.24 ),commencing on the first day of march 19 90,end on tbe 5rst day of each monsh thereatt�r unW the prinapal and interest are fally pnid,exceyt that tt�e final payment af pdncipal . and incer�st,if na so�ner psid.shtU be due and pnyable on che first day of February . , 20 05. Thls lorm te used in con�ection with mort�ages insured under the one-to four-family programs of the National Houainp Act(includ9ng S�Ction�203(b)and(i))whiCh require a One-7ime Mortgage Insurance Premium payment in aCCOrdanee with the regulationa for those proprnms. torm HUD�92/13•CT.1(388edi6on) , ,-=-__� Page t ot S • .24 CFR 203.17(a) , . � i ' � �1t' - � � � � h �� �-' �. e. .. � �