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I <br />State of Nebraska DEED OF TRUST F't,3 21 1315223 -748 <br />220601076 <br />` <br />THIS DEED OF TRUST, 'S S ur Ins�mcnt' is made on HUSBAAUGUST WIFE 104147 <br />19 The trustor is L <br />( "Borrower "). The trustee is <br />OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK ( "Trustee "), The beneficiary is <br />OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK , which is organized and existing <br />under the laws of NEBRASKA , and whose address is <br />11704 W CENTER RD OMAHA, NEBRASKA ("Lender"). <br />Witnesseth: That the Borrower in consideration of the debt and trust hereinafter described and created, attd the sum <br />of One Dollar ($l). to him in hand paid by the Trustee, the receipt of which is hereby acknowledged, does by these presents <br />grant. bargain and sell, convey and confirm, unto the Trustee, forever. all of the following described real estate, situated <br />lying and being in the County of HALL , and State of Nebraska, to wit: <br />LOT TWELVE (12), IN ISLAND ACRES NUMBER SEVEN (7), IN THE CITY OF GRAND ISLAND, <br />HALL. COUNTY, NEBRASKA. <br />which has the address of 3025 WEST.- STATE STREET GRAND ISLAND , <br />(Sum)., (city) <br />Nebraska 48803 (."Property. Address "); <br />1Zip code) <br />To Have and To Hold the premises above described, with alb the appurtenances thereuirto belonging and including all <br />heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate <br />unto the Trustee, and to its successors and assigns, fbm er. The Borrower represents to, and covenant& with, the Trustee, <br />that the Borrower has good right. to- sell, and convey said premises; that they are free from encumbran=.and that the Bor- <br />rower will warrant and defend. the same against the lawful claims of all persons whomsoever,, and the said Borrower hereby <br />relenquishes all rights of homestead, and all marital rights, either• in law or in equity, and'all`other contingent interests of <br />the Borrower in and to the above - described premises, the intention being to convey hereby an absolute title, in fee simple, <br />including all rights of homestead, and other rights and interests as aforesaid.. <br />Provided Always,. and these presents are executed and delivered unto the Trustee, in "t ust, however for the following <br />purposes: <br />Whereas the Borrower on the 4TH ,.day of AUGUST = 19 89_ borrowed -from the Lender <br />the sum of <br />E� RTY TWO 'THOUSAND SIXTY FOUR AND 00 /100---- - - - - -- --------------- - -- <br />Dollars ($ `!'2.064.00 ), for which sum. the Borrower has executed'and delivered to the Lender <br />Borrower's promissory note of even date, bearing interest at the gate of NINE AND ONE —HALF <br />per centum ( 9 • SOU %) per annum on the unpaid balance until paid. The said principal and interest shall be payable at <br />the office of OCCIDENT,A.T__NEBRASKA FEDERAL SAVINGS BANK -11704 W CENTER RD <br />in OMAHA, NEBRASKA . or at such other place as the holder of the note, may <br />designate in writing, in monthly installments of FOUR HUNDRED THIRTY NINE AND 24/100 --------------- - <br />Dollars (S 439.24 ), commencing on the first day of OCTOBER , 1989 . <br />and on the first day of each month thereafter until the principal and interest are fully paid. except that the final payment <br />of principal and interest, if not sooner paid, shall be due and payable on the first day of SEPTEMBER 2004 <br />Borrower and Lender covenant and agree as follows: <br />1. That Borrower will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole <br />or in part on any installment due date. <br />2. that, together with, and in addition to, the monthly payments of principal and interest payable under the terms of <br />the note secured hereby, the Borrower will pay to the lender, on the first day of each month until the said note is fully <br />paid, the following .urns. <br />Form HUD- 92143•1)T Rov 2%88 6031 <br />Pago 1 of 4 24C F.11 203 1 T( 1) <br />RE 537 6'88 <br />1 <br />I <br />