89102867 - Laserfiche WebLink

Browse

r Stela of Ndwaalca Deed of Trust 321- 1317962 748 (b) lWa Deed of TrtM ("Security lnstrameat ") is made on May 26 19 89. The trustoris Carroll E. Smith and JoAnn L. Smith, Husband and Wife ( "Borrower"), The trustee it Commercial Federal Savings and Loan Association ( "Trustee'). The beneficiary is Home Federal Savings-and Loan Association of Grand Island , which is orpoized and existing under tk laws of Nebraska , and whose address is 221 South Locust Grand Island, Nebraska 68801 (~k"`ker "). WIhimmo ilr That the Wetowerin consideration of the" and trust hereinafter described and created and the sum of One Dollar ($4 lti to him in hud pmd; i*ii the Trustao, the receipt of which is hereby acknowleded, de+es• by these presents grant, barpin and Sell. eomvy and Vim. thtc'1 hate in trust. With vowts of sake, fomwi, all of the foliawmg dewnbed real estate, situated tyattg and beit� in the County of • . ' �`.aA�' . and State eif.NebrnsQa, co wit: !'try £igf`ti (8), arcs: 6Iack 'Beven (7) .1' South Gra -x10 d:sl�nd, an.; Aeidition, to the City of Grand Island, Hall County, Nebraska. The rider to the mortgage attached heretz and executed of even date herewith is incorporated herein and tte covenants and agreements of the rider shall amend and supplemment the covenants and agreements of this mortgage. "THIS IS A PURCHASE MONEY MORTGAGE" which ha the tiddreaot 803 Sauth Pine Street. Grand Island, We" Wtvi Nebm*a &BUI a1,yr.aet ( "Propeny Address"): is Mw mW To ffoili tae premises aoove dracnoed. with att the appurteninm thereunto bewilging and including sit besting. plumbing uW lighting fixtures and equipment now or hereafter attached to or used in connection with said reel estate unto the Trustee, and to its successors W4 =jvm f=-.T!. Tl_- 9,.-.rowsr reprex -11 to, and convents with, the Trustee, that the Borrower his food right to sell and convey said Mmiew that they are free from encumbrance. and that the Borrower will warrant and defend the same against the lawful claims of all persons wboenoever, and the said Borrower hereby relinquishes aH rights of homevmd. and all marital rights, either in law or in equity. and all other contingent interests of the Borrower in and to the aboiv- described premises. and intention being to convey hereby an absolute title, in fee simple. including W rights of homestead. and other rights &rid interests as aforesaid. PION AWvo% and these presents are executed and delivered unto the Tnutee, in trust, however for the following purposes: Wberw% the Borrower on the 26 daY of May .19 89 , borrowed from the Lender tk sum of Twenty Five Thousand Two Hundrea7 Fifty and no/10a------------------------ ------------------------------------ Dollars (S 25,250.00 for which sum the Bomwer has executed and debwered to the note of even date, baring inlerett of the rate of eight � eighty E i ' $�� 9 y Oths iitum 8.88 %) per annum on the unpaid balance until paid. The said principals and interest shall be payable at the office of Home Federal Savings and Loan Association of Grand Island, 221 South Locust , or at such other place as the holder of the note ye ee i neoy nma to i wtift. imn istallments of Two Hundred and 99/100------ - ---------- - - - - -- Pillars (f 200.99 ), commencing on the rust day of July 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 and interest. if not sootier paid, shall be due and payable on the first day of June 201'9 This form is used in connection with mortgages insured under the one- to four - family programs of the National Housing Act (including Sections 203(b) and (i)) which require a One -Time Mortgage Insurance Premium paymettit in accordance with the regulations for those programs. form NUD# 2143.0T.1(3-88 edition) pa". t of & 24 CFii 2M.17(a) .y