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D 8 ' 00052 <br />say. of NON" Deed of Trust ca..No. <br />1- 1287910 -703 (b) <br />r <br />7 <br />Thk DoW of Tnral ("Security ItntrumeW) is made on January 3 <br />19 89, TMe trww is Frances E. Niedfelt s a single person <br />(- Borrower "). The trustee is Commercial Federal Savings and <br />Loan Association (°Trustee ").The beneficiary is <br />Home Federal Savings and Loan Association of Grand Island , which is orgamized and existing <br />trader the laws of Nebraska . and whose address is 221 South Locust <br />Grand Island, Nebraska (" Lender")' <br />WMn oo tc That the Borrower in oortsl k atioa of the debt and trust bereind kf described and creat4 and the sum of One Dollar ($1), to <br />hies is head 00 by the Tnistee, the receipt of which is bereby acknowkdged, does by these prennis grant, bargain and sell, ooevey and, <br />eoof m uda+tk Trustee in trust with power of sale. forever, all of the following described real estam situated lying and being in the Oaynty of <br />Hall , and State of Nebraska, to wit <br />Lot Two (2), Slrad'-,;Eighty-Three (83) in bheeler and Bennett's. Fourth Addition to. the:-City <br />o€ Gran '•.ISiand, Hall County, Nebraska. <br />The rider to the mortgage attached hereto and executed of even date, herewith is <br />incorporated herein and the covenants and agreements of" th.e rider shall amend and <br />supplement the covenants and agreements of this mortgage. <br />"THIS 1S.'A PURCHASE MONEY MORTGAGE" <br />=` <br />:.I**lmu the adtimsaf 215 East IGU6Street Grand Islam& <br />Nebraft 68801 frapcodem (- Property Address"): <br />To Have geld To Hoirl the premises above described. with all the appudenances thereunto, belonging and including all heating, plumbing and <br />- <br />lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Trusw- and to its successors <br />_ <br />and assigns, for ever. Tito Borrower represents to, and convenants with, the Trustee. that the Borrower has good right to sell and convey said <br />premiremt; tint they are free from encumbrance; and that the Borrower will warrant and defend the same Wirot the lawful claims of all persons <br />wiornsoe-m and the acid Bonown hereby relinquishes all rights of homestead, and all marital rights, either in law or in equity.-and all other <br />contingent interests of the Borrower w and to the above-described premism and intention being to convey hereby an absolute title, in fee simple, <br />W dw ttg aU rights of broawwa d, and other rights and interests as aforesaid. <br />lit+oviiai Ahn*% and than po seen are executed and delivered unto the Trustee, in trust; however for the following puxpow. <br />VAierras. the Borrower on the.- 3rd . day of . T;inuary , 19 89 , borrowed fM Ike Lender <br />tie sum of Twenty. Thousand ' Six Hundred and", no/ 100-------------------- - - - - -- ------- - - - - -- <br />------- - - - - -- Dollars (S 20,600. 00 k for which <br />sum the Borrower has.eucuted and delivered to the L wer�s issory note of even date. baring <br />t �6 <br />interest of the rate of Eight & Eighty E igtW 68 %) per annum on the unpaid balance w-01 paid. <br />The said principal and interest shall be payable at the ofoe of Home Federal Savings and Loan Association of <br />' <br />Grand Island, 221 South Locust <br />in Island, Nebraska . or at such other place as the holder of the we <br />,♦;rand <br />may m ra monthly rastallments of One Hundred Sixty Three and 98/100------------- - - - - -- <br />y� .' y' <br />-- --- - - - - -- --Des (S 163..9:$ ), commencing on the fast day of March <br />19. 8j and an the fire day of each month thiateUr until the principal and interest am fully paid, except tba the 6rra1 payment of principal <br />and Werm if not worier paid. shad to due- and-payable on the first day of February <br />20 1.9 <br />This form is used In connection with mortgages insured under the or* -, to four - family programs of the National Housing Act (including <br />Sections 203(b) and (4) which require a One -T(me Mortgage insurancd Premium payment in accordance with the requlatioims for those <br />programs• <br />form HUD4214DL1 {388 edition) <br />Pet 24 CFR 203.17(a) <br />! <br />