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<br />200603369 <br /> <br />PREPARED BY <br />Gregory 1,. Galles <br />200 The Omaha Club <br />2002 Douglas Street <br />Omaha, Nebraska 68102 <br /> <br />Mail Tax Statements to: Federal National Mortgage Association <br />International Plaza II <br />14221 Dallas Parkway, Suite 1000 <br />Dallas, Texas 75254 <br />ATTN: NPDC <br /> <br />DEED IN LIEU OF FORECLOSURE <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />That ARTHUR F. LUCAS (hereinafter referred to as "Grantor"), for $1.00 and other <br />good and valuable consideration as more fully set forth below, does hereby grant, bargain, sell, <br />convey and continn unto FEDERAL NATIONAL MORTGAGE ASSOCIATION, its <br />successors and assigns (hereinafter referred to as "Grantee") the following described real <br />property situated in Hall County, Nebraska, to-wit: <br /> <br />Lot 7, in Block 92, in Wheeler and Bennett's Fourth Addition to the City of Grand <br />Island, Hall County, Nebraska. . <br /> <br />To have and to hold the above-described premises, together with all tenements, <br />hereditaments, and appurtenances thereto belonging unto the Grantee and his successors and <br />assigns forever. <br /> <br />And the Grantor does hereby covenant with the Grantee and with Grantee's successors <br />and assigns that Grantor is lawfully seized of said premises; that it is free from encumbrance <br />except easements, covenants and restrictions of record and except real estate taxes delinquent in <br />2005 and future years; that the Grantor has good right and lawful authority to convey the same; <br />that Grantor assigns any rents to Grantee; that Trustor Ellen L. Lucas, died on July 11, 2004, and <br />that attached hereto as Exhibit "A" is a true and correct copy of the Death Certificate of same; <br />and that Grantor warrants and will defend the title to said premises against the lawful claims of <br />all persons whomsoever. <br /> <br />This Deed is an absolute conveyance of title in effect as well as in form, and is not <br />intended as a mortgage, trust conveyance, or security of any kind. The consideration therefor is <br />the full release and discharge of all debts, notes, obligations, costs, and charges heretofore <br />subsisting on account of and by the terms of that certain Adjustable Rate Home Equity <br />Conversion Deed of Trust executed by Arthur F. Lucas and Ellen L. Lucas, husband and wife, in <br />the sum of $75,000.00 given to Wells Fargo Home Mortgage, Inc., n/k/a Wells Fargo Bank, <br />N.A., Beneficiary and John S. Katelman, Esq., as Trustee and dated July 18, 2002, filed July 25, <br />2002 as Instrument No. 2002-07716 in the office of the Register of Deeds of Hall County, <br />Nebraska, and the acceptance of this Deed being in full satisfaction of said indebtedness as <br />aforesaid, and terminating said Mortgage and Deed of Trust. <br /> <br />/jh <br />DATED this ---tL-- day of February, 2006. <br /> <br />M.ol1~'~ A J!) <br /> <br />Arthur F. Lucas <br /> <br />.4 / l I. <br />STATE OF /1/2 P.~l..SI(c, <br /> <br />) <br />) ss. <br />) <br /> <br />I, , <br />COUNTYOFi(i 1/ <br /> <br />On this /- '-II, day of February, 2006, before me, a Notary Public in and for said <br />County and State, personally came ;t}...:-r1'\lAr LVI'''' S , to me known to be <br />the identical person whose name is affixed to the foregoing instrument and acknowledged the <br />execution thereof to be their voluntary act and deed. <br />Witness my hand and notarial seal the day and year last above writt~" <br />~ (' -/ / . , <br />\ . \,.,' ~ ~iL-e <br />Notary Pub c (;. <br /> <br />\,\":t~'I'" <br />/,"j.v-.b,f!f\ <br />:: .\~~Nl;FlAl.. '=. <br />~~~.*~ol;A.~).} <br />~'~r.f~~:~~t~~' <br />-...,.... ~- --,.~ <br /> <br />JERI L THIEDE <br />MY COMMISSION EXPIRES <br />March 3, 2009 <br /> <br />-,;.. <br />