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r <br />L <br />Sat. of Nebraska <br />1 <br />Deed of Trust <br />89„140592 <br />rw► ea,. ra. <br />321 - 1293344 -703 (b) <br />Ift Deed of Trat: ( "Security Instrument ") is made on February 6 <br />19 Roxie A. Stout, a single person <br />--------------- ------------ - - - - -- (.-Borrower"). The trustee is Comercial Federal Savings and Loan <br />Association ("Trustee "), The beneficiary is <br />Home Federal Savings and Loan Association- of Grand Island , which is otganiud and existing <br />wrier the laws of Nebraska , and whose address is 221 South Locust <br />Grand Island, Nebraska 68801 ( "411cw) <br />W11laewelrry That the Borrower in consideration of the debt and trust hereinafter described and created, and the sum of One Dollar ($I). to <br />him in hand paid by the lhatM the rocdpt of which is hereby **wwkdpd, does by these pine, ts grant, bargain and sell, convey and <br />confirm, unto the Ttt*W in trust, with power of sale, forever, all of the following described real estate, situates! tying and being in the County of <br />Hall , and State of Nebraska, to wit: <br />Lot One'Hundred Twenty Two (122), in Buenavista Subdivision, an Addition to the City of <br />Grand Island, ball County, Nebraska <br />The rider to the mortgage attached hereto and executed of even date hurewiti-r is <br />incorporated herein and the covenants and agreements of the rider shall amend and supplement' <br />the covenants and agreements of this mortgage. _ , <br />"THIS IS A PURCHASE MONEY MORTGAGE" <br />which has the address of 315• East HaI4,,,.t Grand Island tay► , <br />Nebraska 6131301 Mvcoatt ( "Propn3+ Ad6tW)' <br />To Have sed TO Held the pranisc 'above described, with all the appurtenances thereunto belonging and including ail heating, plumbing and <br />%bdq fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Trustee, and to its successors <br />and aWtas, forever. The Borrower repesents to, and oonvenants with, the T that the Borrower has good right to sell and convey said <br />p obese' that they are five fiom encumbrsnoe: and that the Borrower wr71 witzrattt and defend the sane against the lawful damn of an pasoru <br />wbomsoevec, and the said Harrower bu rights homeond', and all marital <br />cloy relinquishes all � is Qi rights, either in law or in equity, and all otter <br />cantiegeert interests of the Borrower in and to the above-descrilW preauses, and intention being to convey hereby an abaduw title, in fee simple, <br />Wudirrg lilt: tights of bomenead, aqd dher rights and interests as aroma&, <br />P1+ov7 -- Ahrays► sad these prrseats are executed and delivered unto the Trustee, in trust, however for the following purpcues <br />Wlrown, the Borrower on the- 6th , day of February '1989 .borrowed from the Lender <br />the sum of Nineteen.Thousand Seven Hundred and no /100------------------- - - - - -_ <br />----- - - - - -- Dollars (S 19,710.00 ), for which <br />sum the Borrower has exer+roed and delivered to floe lda��irss promissory note of even date, bearing <br />interest of floc rate of Eight 3c : Eighty Eigbet 8.88 %) per annum on the unpaid balance until paid. <br />The said principal and interest shall be payable at the offoe of H <br />Grand"Island,''221 South Locust Home Federal Savings and Loan Association of <br />in Grand Island, Nebraska . or at such other place as the holder of the note <br />may desilpata in writing, in monthly i%Wlmenm of One HL rdred Fifty Six and 81 /100------------ - - - - -- <br />_— Dollars (S 155.81 ), oornn)Ndn8 on the rust day ®f • April <br />19 89, and on the first day of each month thereafter until the principal and interest are fully paid, except that the final payment of principal <br />and interest, if not soorxr paid, shall be due and payable on the first day of March <br />20 13 <br />This form. To used in connection with mortgages insured under the one- to four - family Arograms of the National Housing Act (including <br />Sectloris•203(b) and (f)) which require a One -Time Mortgage insurance Premium payment in accordance with the regulations for those <br />programs, <br />Page t of 5 <br />Lin <br />form HUD*043- DT.1(3 -W edition) <br />24 CFa 20$,17(a) <br />i <br />a <br />7 <br />t' <br />