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<br />stns of Nebraska
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<br />101529
<br />Deed of Trust
<br />85077 -1 -20
<br />321- 1298516703
<br />TMia Dared of Trdat ("Security Instrument ") is made on March 24
<br />19 89 • The taster is - David R. Butler and Judy K. Butler, husband and WI— fe ,. jointly
<br />and each in their asru right, ( "Borrower "). The trustee is COMMRCLAL FEDERAL SAVINGS AND LOAN
<br />ASSOCIATION ("Trustee*). The berrefrcittry is
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN , which is organized aced existing
<br />under the laws of The United States of America , and whose address is 1235 "till Street, Lincoln,
<br />Nebraska 68508 ("Lender").
<br />Wi eesaeth: That the Borrower in consideration of the debt and trust hereinafter described and created, and the sum.of.One Dollar (S 1). to
<br />him in had paid by the Tntstee, the receipt of which is hereby acknowledged, does by these presents grant. bargain and sell, convey and
<br />confirm, unto the Trustee in trust, with power of sale, forever, all of the following described real estate. situated lying and being in the County of
<br />Hall . and Sate of Nebraska, to wit:
<br />Lot Nine (9), in Island Acres No. 7, a Subdivision of part of Fractl;onal Section
<br />Seven (7) ; mart of the West Half of the West Half (Wl / ?W1 /2) of Section Eight ' (8) ; and
<br />part of Lot Twenty -four (24), Island Acres, all in Township Eleve=n (11)..North, Range Nine (9)
<br />West of the 6th P.M., in the City of Grand Island, Hall County, Nebraska.
<br />which has the address of 3111 West State Stnreet Oran& Island
<br />Nebraska 68803 (Zip u4e1 ( "Property Address "),
<br />To Have auod To Efaid the premises above described with all the appurtenances thereunto belonging and including all heating, plumbing and
<br />W,r,g fixtures and equipment now or herel+trr attached to or used in connection with said real estate unto the Trustee, and to its successors
<br />and assigns, forever. The Eorrower represents to, and convenants with. the Trustee, that the Borrower has good right to sell and convey said
<br />premises. that they are free from encumbrance: and that the Borrower will warrant and defend the same against the lawful claims of all persons
<br />whomsoever; and the said Borrower 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 in and to the above - described premises, and intesuon being to vanvey hereby an absolute title, in fee simple,
<br />including all rights of homestead, and other t�,,r"uts and interests as aforesaid.
<br />Provided Always, and these presents are executed and delivered unto the Tsustte, in tiust; howeve- for the following purposes:
<br />c,r,3tereas, the Borrower on a-4 24th , day of Pa rd'i .19 89 , borrowed from the Lender
<br />"' of rorty Six mvasand Five Hundred and no /100
<br />Dollars (S 46500.00 ). for which
<br />swn. ete Borrower has executai cunt de,64 ad to the Lender Borrower's romissonr now of even date, bearing
<br />:mxxest of the rate of Eight: and 'ijhty �tuAxpdredpths 8.880 %) per annum on the unpaid balance until paid.
<br />TC &.. said principal and interen �Jm9 be mvik• le at the office of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCOLN
<br />i,S Lincoln, Nebraska cr at such other place as the holder of the mote
<br />rats designate in writing, in rm:nshly installments of Three Htmdred Seventy and 151100
<br />was s ($ 370.15 ), asmmencing on the first day cf May
<br />19 89 , and on the first day or each month thereafter until -.hd pri papal aced interest are (dly paid. except that t.- final payment of principal
<br />and interest, if not sooner paid, shall be due and payable on the first day of April
<br />2019.
<br />This form is used in connection with mortgages insured under the oae- to four -fa.T lly programs of the National housing Act (including
<br />Sections 203(b) and (i)) which require a One -Time Mortgage lnsurar.�:-_ Premium payment in acaQrdance with the regulations for those
<br />programs.
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<br />torn. HUD 92113.0.1 f"S editant -
<br />Page 1 of 5 24 WR 203.17(a)
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