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�lllw� 90-106981 DEED OF TRUST FHA CASE NO STATE OF NEBRASKA 321- 14WI47 -748 _ THIS DEED OF TRUST ("Security Instrument ") is made on DeCewbw 5 .19 90 TIM for is ~ MgIWIF� UAMM M SCHMITT ( "Borrower "). Thts trustee is COMMERCIAL FEDERAL BANK, A FEDERAL SAVINGS BANK (•'Truster "). The benefioiiug as COLUMBUS FEDERAL SAVINGS BANK which is organiued and existing under the laws of NEBRASKA and whose add tsss is 1371 26TH AWNUE COLUMBUS, NE 68601 ( "bender "). Borrower owes Lender the principal sum of Forty —Six Thousand Seven Hundred and No /100 ------- ------- - - - - -- --- '--- -- Dollars (U.S. S 46,700.00 ) This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for monthly payments, with the fwltdebt. if not paid earlier, due and payable on January 1, 2021 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest. and all renewals, extensions and modi f1cations; (b) the payment of all other s .Ims, with interest. advanced under paragraph 6 to protect the security of this Security Instrument and (c) the performance of Borrower's covenants and agreements. For this purpose, Borrower irmvockly .; cants and conveys to Trustee, in trust, with power of sale. the following described property located in HALL County, Nebraska: LOT EIGHT (8), IN BLOCK SEVEN (11), IN ASHTON Pt -ACE, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. which has the address of 2511 WEST DIVISION GRAND ISLAND tweet t tCm t Nebraska 69803 1" Property Address 1; t /Ipt .wet TOGETHER WITH all the imprusemenh noH or hereafter erected on the property. and all easements, rights. appurtenances. rents, royalties. mineral. oil and tta% rights and profit%. water rights and stuck and all fixtures now or hereafter a part of the property. All replacements and additions shall also be cotiernd by this Security Instrument. All of the foregoing is referred to in this %ecurn% Instrument as the "Property." BOL ROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the, nglit to graid and convey the Property and that the Property is unencumbered. except for encumbrances of record. Borrower warrens and will deferd genetany the tick to the Property against all claims and demands. subject to any encumbrances of record. MA SEWASeA WAU llt MUST tam („M ,wm- tv.er I ..r a ra Really Pk,e \;aa O term IA.1. II.• I..+w. 1.. 1 �\ I Ip�iS1UlU9 YI I IIW I #LM. I \\ Ih I1.I lYl 1111