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i <br />L <br />State of Nebraska <br />1 <br />l <br />Deed of Trust FHA Caw No. <br />321 - 1290456 -748 <br />7U Deed of Tmal, ( "Security Instrument ") is made on January 25th, 89--m100425 <br />19 89 . The trustor is <br />Kevin B. Darling and Marjorie S. Darling, Husband and Wife <br />( "Borrower "). The trustee is Commercial Federal Savings and Loan Association <br />( "Trustee"). The beneficiary is <br />Central Mortgage Corporation <br />under the laws of Michigan , which is organized and existing <br />and whose, ,address is <br />36800 Grantiot, Mt. Clemens, MI 48043 ("Lender"). <br />Ritaeautl:. Mat the Bonvaer in consideration of t -e tier'' and putt hereinafter described and created, and the sum of One Dollar, <br />(il), to him in hand ®aid by the.trustee, the receipt of wMeb is h ael►l1 ac66*k, ged, dm by these presents grant, bargain anti sell, convey. <br />and .ebnfum, ants the Trugge. forever, 92 of the :following dturlbed real estate.. situated- lying and being in the County of . <br />11 11 , and Sloe cA N4braskk to wilt: <br />Lot one 0), Meierstead Second Subdivision, Hall County, Nebraska. <br />which has the address of <br />Nebraska <br />68801 <br />MP Codal <br />Rt. 1, Box 245 Grand Island <br />1lIrNU <br />(''Property Address "); <br />(city) <br />To Have aid To Holt the premises above described, with aU the appurtenances thereunto belonging and including all heating. plumbing <br />and lighting fixtures and equipment now or hereafter attached t(t,or used in connection with said real estate unto the Trustee, and to its <br />suoocuors and assigns, forever. The Borrower represents to, and - Covenants with, the Trustee, that the Borrower has good right to sell and <br />convey said premises; that they are free from encumbranocn.annd that the Borrower will warrant and defend the same again the lawful <br />claims of all persons whomsoever; and the said Borrower liftoby relinquishes all rights of homestead, and all marital rights, either in law <br />or in equity. and all other contingent interests of the Borra*A* in and to the above- described premises, the intendcai being to convey hereby <br />an absolute title, in fee simple, including all rights of homestead, and other rights and interests as aforesaid. <br />Pnvided Ahtrays, and these presents are executed andi delivered unto the Trustee, in trust, however for the following purposes: <br />Wberess, the Borrower on the 25th , dby of January , 19 89 , borrowed from the lender <br />the sum of Forty two thousand fifty and 001/ 100ths------- -------- -- --------- — ------ � ---- <br />----------------------------------------- - - - - -- Dollars (f 42, 050.00 ), for which <br />sum the Borrower has executed and delivered to the Lendtr Borrower's promissory note of even date, bearing interest at the rate of <br />Eight and eighty eight one hundredt131iercentum ( 8.88 nee) per annum on the unpaid balance until <br />paid. The said principal and interest shall be payable at the office of Central Mortgage Corporation <br />in 36800 Gratiot, Mt. Clemens, Mli 48043 , or at such other place as the holder of the note <br />may designate in writing, in monthly installments of Three hundred thirty four and 72/100ths ------------ <br />-- <br />Dollars (S 334.72 ), eom meninx on -the first day of March , 19 89 , and on the first day <br />of each month thereafter until the principal and interest we fully paid, except that the final payment of principal and interest, if not sooner <br />paid, shall be due and payable on the first day of,, February , 20 19 <br />Thle form is used in connection with mortgage, insulmd uhdar the one-to tow - family program! of the National Housing Act lincluding Sections 2t) i Y (0) which <br />require a Ono-Tin" Mortgage Insurance Premium paymaht in accordance with the rsgut¢tions for those programs. <br />Pape 1 of, 6 form MO. 92143 -101T.1 (3.88 Edition) <br />4ciiral laaoal VMP MORTGAGE FORMS • 131312938100 .18001521.7291 24CFR 203.17(a) <br />7 <br />, <br />w <br />r <br />t <br />