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89---a 103277 • 91596 -1 -20 StIft of Nebruke Used of Trust rMACM"a_'_ L321•- 1328245729 IU Daetd elf Trait ("Security trotrument ") u made on June 26, 19 89 . The trudoris Arthur R. Knodel and Debra J. Knodel, husband and wife, jointly and each' in their own right, ("Botrowee 1. The trustee is FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN (`Trusted'). The benerkiary is FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN , which is organized and existing under the laws of The United States of America . and whose address is 1235 "N" Street, Lincoln, Nebraska 68508 ( "Leader "). Wilttas OW That the Borrower in eonsidention of the debt and trust heminakr described and created, and the sum of One Dollar (f 1), to hurt i{e ivnd by the Trustee. the receipt of which is hereby acknowledged, does by these presents grant, barfaini and sd, convey and cortiixrat;Tuttri nhe Trustee in trust. with power of sale, forever, all of the following described real estates situated lying and being in the County of 11ar 1 . and State of Nebraska, to wit: Lot .Seventy —six (76), in West l:.aVn, sat. addition to the City of Grand Island, Hall County, Nebraska.' wbkb has tba.ad*m of 1719 North Park #Mnue Grand Islanq.,,h Nebraska ,68$(j3 g o Cc&) ( "Property Address :); p To Have sea. ToHW the premises above described, with all the apphurturmizs theietrnto belongi» g and including all heating. plumbing and - - - liehthm fiztum h±�t �ud�t now W !�`. 4r M - - - - -- - .- r wkC�t iCn�'with io4tt ti estate unto the IrgStm and to i6jtlbD :S30f5 - - — -- - NW us*% fomm- The Borrower represents to. and conveaants with. the TirOeie, dwt OW Borrower has good right tlr sell and convey said ptemimar that tbey are free from encumbrance; and that the Borrower will wari"t and daland the same against the tanzfdf claims of all pets+ocu aa".the raid oa sOw" hereby reiinquisin all rights of homestewd, and all marital rights, either in law or in equity. � all other conuagent inteseus of the Borrower in arW to the above- described pmmises,,atid intention being to convey hereby an absolute title" its fee simple, indudatg all rights of homestead. and other rights and interesu as aforesaid., PtOWdad Always, and tbact.presents are executed and delivered unto the Trustee, intrust, however for the fotlowrjti# purposes :..: , Morns, the Borrower on the 26th , day of June "19 89 , borrowed frig" the Lender tltesumof Thirty Nine Thousand Eight Hundred and 'iio /100 Dollars (S 39800.00 ). for which sum the Borrower bas executed and delivered to the Lender Bdm wee s promissory note of even date, bearing interest of the rate of Nine and One f ourtikr centum (9: 250• .:;•: The sand P�PV and 1°� slosh be payer a the office of FIRST FOERAL SAVINGS �AND LOAN ASSOCIATION F al LINCOLN in Lincoln, Nebraska , or at such other place as the holder of the note. , may designate in writing, in moittthly installments of Three Hundred Twenky Seven and 43/100 -- Dollars (S 327.43 h commencing on the first day of August 19 89, and oa tltu Gust day of each mootb tbexeafwr until .tha_pnnapa) .aad ithtenat are fully paid. except that the final payment o%p4scipsl and inheres. if not sooner paid, shall be due and payable on tfitSm day-of July ** "See Adjustable Rate. Rider" This form is used in connection with mortgages insured under the one- to four - family programs of the National Housing Act (including $@CU S M(b) and (i)) which require a One -Time MortgaQvinsurance Premium payment in accordance with the regulations for those Programs. form HUO�l214iDT.1(348 edition) Pape t of 5 24 CFR 209.17(a) i I f t N L v