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State of Nebraska I 89-r 103908 Dueled of Trust FHA Case "a 321 - 1340575 -703 TMie DOW of Ttstst, ( "Security Instrument ") is made on July 28 19 89 . The trustor is FRANK J BROW R AND JONI L BROW R HUSBAND AND WIFE 1 "Bortower "). Tlw trustee is COLUMBUS FEDERAL SAVINGS BANK COLUMBUS FEDERAL SAVINGS BUNK (••Trustee "). The beneficiary is , which is organized and existing under the laws of NEBRASKA and whose address is 1371 26TH AVSWZ COLUMMIS, lie 68601 ("Lender"). WWO MM: That the Borrower in consideration of the debt and trust heteinafter described and created, and the sum of One Dollar (SI). to him in hand paid by the Trustee, the receipt of which is hereby acknowledged, does by these pteseAts.gxant. bargain and sell, convey and confirm. unto the Trustee, forever. all of the following described real estate, situated )Jiny and being in the County of HALL . and.State of Nebraska, to wit. ,. 'THE SOUTHERLY FORTY —FOUR AND FIFTY —ONE HUNDREDTH (944.51') FEET OF LOT FOUR (4) AND THE NORMRLY THIRTY —FIVE (N35') FEET OF LOT FIVE (5), WOLFE'S SUBDIVISION, 1< THE CITY OF 191AND ISLAND, HALL COUNTY, NEBRASKA. 1 i THE R11Z9 TO THE DEED OF TRUST A1TACiUD E91M..70 AND EXECU TE D O> ' EV!#!N DATE HEREWITH IS INCORPORATED HEREIN AND THE COVENANTS. AND ACREEW. NTS OF THE RIDER SHALL AW ND AND SI)PPLEWN'T TW ��i�►14T A14i1 ArRPPI!- S 0 '!'HTS 11RR11 Ag TMST: which has the address of 525 KENNEDY DRIVE GRAND ISLAND Nebraska 68803 ( "Property Address "); tap coda Tb•ffave Will To Held the premises above described, with all the ag+ ienances thereunto belonging and including all hotittg, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate untor-ft Trustee, and to iti successors and assigns. forever. The Borrower represents to, and covenants with, the Trustee. that the Bbirower has good right to `sell and convey said premises; that they are free from encumbrance; and that the Borrower will warrant and defend the same against the lawful clahtm.of all persons whomsoever; and the said Borrower hereby relinquishes all rights of homestead, and all marital rights. either in lavV w in equity. and all other contingent interests of the Borrower in and to the above - described premises. the intention being to convey lii+reby an absolute title, in fee simple, including all rights of homestead. and other rights and interests as aforesaid. FrovWed Always, and these presents are executed and delivered unto the Trustee. in trust, however for the following purposes: Wiiam. the Borrower on the 28th day of Ju 1y -19 89 . borrowed from the Lender m the su of Sixty -One Thousand Nine Hundred and No/ Igo ---- --------------------------------- .,..,,— -- M_-- _-- - - - - -- Dollars ($ 619900.00 ), for which sum the Borrower has. executed and delivered tip the Lender Borrower's Promissm note of even date, bearing interest at the rate of Ten per centum ( 10.0000 470 per annum on the unpaid balance until paid. The said principal and interest shall be payable,.,0. the office of COLUMBUS FEDERAL SAVINGS BANK in COLUMBUS, HE , or at su& other place as the holder of the note may designate in writing, in monthly installhieltts of Five Hundred Forty — Three and 22 /100 --------------- -- Dollars ($ 543.22 ), commencing on the first day of Se ttegber 19 rag . and on the first day of each month thereafter until the principal and interest are fully paid, except that thcfina payment of principal and interest, if not sooner paid, shall be due and payable on the first day of August 2U 19 . This form is used in connection with mortgages Insured under the one- to four•famay programs of the National Housing Act which pro. vide for periodic mortgage Insurance Premium payments. Form HUD- 921434)T 110.87 Edition► Pape 1 pt S ' i 24CFR 203.17(a) Reprinted 2-88 't• r r i. 't• r r