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<br />88-- 102478
<br />r swe of Nebru a Deed of Trust 0"A cam U&
<br />321 - 1314677 -203 (b)
<br />This Deed of Tract ("Security Instrument j is made on May 15
<br />19 89 , The amlor is - Lernea J. Oembowski, a single person '
<br />( "Borrower"). The trustee is Corrrnercial Federal Savings and
<br />- Loam Association — . — ('Triritee,. The benefiditryis - -
<br />Home Federal Savings and Loan Association of Grand Island ,whidrlicorganized and existing
<br />under the laws of Nebraska , and whose address is 221 S �uti ; (rt:ct!st
<br />Grand Island, Nebraska . , ( "Under").
<br />Witaesseft That the Borrower in consideration of the debt and trust hereinafter described and created, and the sum of One Dollar ($l). to
<br />Lim k hard paid by the Trustee, the receipt of which is hereby acknowledged, does by tlttfss presents grant. bargain sad sell. convey and
<br />confirm unto the Trttstee intrust, with.powtrr.ofWr. forever, all of the following desenbei.tralmstetti. siftmw lying rnd being in the County of
<br />Hall , aad:.Sirte of Nebraska, to•wit:
<br />The Northerly Severity -Two (72) =,feet of Lot Five (5), in. Block Ten 0:z)p,, ir, Schimmeris
<br />Addition to the Citr.tp. Grand Islard, Hall County, Nebraska.
<br />The rider to the mortgage attact-ed hereto and executed of even date herewith is
<br />incorporated Herein and the coverarts and agreements of the rider shall amend and
<br />aupplem:nt the covenants and- agreernei-.ts of this mortgage.
<br />"THIS IS A PURCHA CE 71NEY : MORTGAGE"
<br />which bas the address of 319 WEST 14TH 515UT Grand Islam,,,, ,
<br />Nebraska %t:801 (tip Code) ( "Property (address").
<br />To Ifsve sad To Hold the premises above described, with all the appurtenances dxx+ =to belonging and including all heating, plumbing and _
<br />lighting fixtures and equipment now -or hereafter attached to or used in connection st29 real estate unto the Trustee, and to its successors
<br />and assigns, former. The Borrower represents tc; and convenants with, the Trustee, that i Borrower has good right to sell and convey said
<br />premises that they am, free from encum4ttana. -, and that the Borrower will warrant and defend the sw.w against the lawful claims of all persons --
<br />whomsoever. and tai: said•Borrower hereby nVuquishes all rights of homestead, and all marital eights, ef. er in law or in equity. and all other _—
<br />contingent interests of the Harrotiter in and to the abovedescribed premises, and intention tz tg to convey hereby an absolute title, in fee simple. ;
<br />including all rights of horamccad, rind other rights and interests as aforesaid.
<br />Ot
<br />Provided Alway4and these presents are executed and delivered unto the Trustee, in trust, however for the following purposes:
<br />Whnus, the Borrower on the 15 day of may , 19 89 , bcc:owed fror:t cite Lender
<br />the suns of Twerty Thou ,ar,;d Seven Hundred and no/ 100------------------------------ - - - - -- �
<br />----------------------------- - - - - -- Dollars (s 20,700.00 ,(or which
<br />sum the Borrower hu executed and delivered to ,,he Lender Borrow is romissory note of even date, fxxnng
<br />interest of the rate 4f Eight & eighty e1gt*ta r fed h %) per annum on the unpaid ba:aace until paid. `
<br />The said printspal -and interest shall be payable at the office of 8.88.
<br />Home Federal Savings and Loan Association of Grand Island, 221 S,.;th Loc_;st
<br />in Grand Island, Nebraska . or at s:ch other place as the hc.l x cf tt e
<br />may designatt in writing, in monthly installments of One Hundred Sixty Four and 77/100 ----------------- - - --
<br />Dollars (s 164.77 ), wrlimancing on the first day of . Jul
<br />19 89 and on tlix fiat day of each month thereafter until the principal and interest art: 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 IS
<br />This form ih used in connection with mortgages insured under the one- to four - family programs of the National Housing Act (including
<br />Sections 203(b) and (i)) which require a One -Time Mortgage insurance Premium payment in accordance with the regulations for those
<br />programs.
<br />form HUG92143.0T.1(3-89 edition)
<br />Page 1 of 5 24 CFR 203.17(a) f
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