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y 4:.
<br />Stale of Nebraska
<br />ON"=102437
<br />Deed of Trust
<br />FM CM.se.
<br />321-1315377-748 (b)
<br />D& Deed of Trod ("Security Instrument ") is made on - May 12
<br />19 89 . The truster is Ricky L. 1)anburg anti Kay L .Oantwrg, Husband and Wife.
<br />( "Borrower"j. The trustee rs Commercial-Federal Sau3rigs' a??r :.
<br />Loan Association, ("lnastee ") 'lilaebenefiiiary as
<br />Home Federal Savings and Loan Association of Grand Island-'.. , which is organized and existing
<br />wader the laws of Nebraska , and whose address`i; 221 South Locust
<br />Grand Island, Nebraska ( "Lender")-
<br />Wkweaseft That the Borrower in consideration of the debt and tsmo hereinafter described and created and the sum of One Dollar 011). to
<br />him in hand paid by the Trustee, theireMpt of wtkh is hereby it'. s 1Wged does by these presents gran, bargain and sell, convey and
<br />confu rTto the Crrl;,7 i4a'.¢t, W.itt rawer of sa;fereye� +rir: tra�.ng described teal estates sirrtTtd lying and being in the County of
<br />and, Ww4
<br />( ) t' (2) Pleassrr+;;' " r dventh S iL.r+ �i'? sic n; City of Grand
<br />s ;�0 2 in 13! dd • :.
<br />island. Hall Cauntyi. rKlebraska.
<br />=c:' to the mdy tgige at :aehert tsr= :rr =tri .;r,fi''" c eutcel, +a, . �verr •date hert?rdl h k
<br />rsxrr :a the covenant :Z .Dr3, ark cart nts of ,.like L ictt=r , 511 11. amiand afzJ
<br />and :.agreemefits' of this . fle covenants
<br />1:
<br />"THIci IS A PURCHASE MONEY MORTGAGE"
<br />which has the address of 1007 Sun Val ley t,u«,r Grand Island t;,,y, • {
<br />Nebraska 68801 tZipCoM ( "Property Address"): i
<br />,
<br />To Have cad To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating, plumbing and
<br />lighting 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 assigns, forever. The Borrower represents to, and convenants with, the Trustee, that the Borrower has good right to sell and convey said
<br />prern am that they are free from encumbrsnw, 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 righm either in law or in equity, and all other =
<br />contingent interests of the Borrower in and to the above - described premises, and intention being to convey hereby an absolute title. in fee simple,
<br />including all rights of homestead, aad cther rights and interests as aforesaid.
<br />Provided Always, and these presents are excewW, and delivered unto the Trustee, in trust. however for the following purposes:
<br />.L
<br />W iereaa, the Borrower on the 12 , day of May . 19 89 Lc- ;moved from the bender
<br />thesumof Forty Three Thousand Five Hundred° Fifty and no /100---------- - - - - -- - - - - --
<br />--------------------------- - - - - -- Dollars (S 43,550.00 ), for which S
<br />sum the Borrower has executed and delivered tc`�rrG oev grombrary note of even date, bearing
<br />interest of the rate of Eight & I i 7hty der centum 5.86 %) per annum on the unpaid balance until paid.
<br />The said principal and interest sham be payable at the office of Home Federal Savings and Loan Association of
<br />Grand Island, 221 South Locust
<br />in Grand Island, Ne 68801 , or at such other place as the holder of the note
<br />may designate in writing, in monthly installments d' Three Hundred Forty Six and 66/100----------- - - - - --
<br />------------ Dollars (S 346.66 ), commencing on the first day of July
<br />19 89 trod 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 sooner paid, shall be due and payable on the first day of June
<br />20 19
<br />This form is used in connection with mortgages insured under the one- to tour- fami'y programs of the Nationai Housing Act (iincluding�
<br />Sections 203(b) and (Q) which require a One -Time Mortgage Insurance Premium paymcrr in accordance with the regulations for those
<br />programs. _ =
<br />form HUl7.92143•QT.1 (1-88 a t:on)
<br />Pape t of 5, 24 £FR 203.17(a)
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