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<br />State of Nebraska
<br />
<br />88- 100979
<br />Deed of Trust
<br />
<br />FHA Cue No.
<br />321-1232590-703
<br />
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<br />
<br />ThIs Deed of Trust, ("Security Instrument") is made on February 29 th
<br />1988 . The trustor is ROBERT D. LUNIl, JR. and llERALDINE A. LONG, HUSBAND AND IIIFE
<br />(" Borrower"). Tile trustee is
<br />
<br />CENTRAL RORTBAIlE CORPORATION
<br />under the laws of THE STATE OF RICHIIlAN , and whose address is
<br />P.O. BOX 3052, BIR"I~, "I 48012-3052
<br />
<br />("Trustee"). The beneficiary is
<br />, which is organized and existing
<br />
<br />(" Lender").
<br />
<br />Witnes~th: That the Borrower in consideration of the debt and trust hereinafter described and created, and the sum of One Dollar
<br />($1), to him in hand paid by the Trustee, the receipt of which is hereby acknowledged, does by these presents grant, bargain and sell,
<br />convey and confirm, unto the Trustee, forever, ali of the following described real estate, situated lying and being in the County of
<br />IlRU. ' and State of Nebraska, to wit:
<br />
<br />LOTS TIIO (2) AHD THREE (3), ISLAHD ACRES NllHBER 7, IN TIlE CITY OF GRAND ISLllHD, HAlL COUNTY, NEBRASKA AIIl) THE EASTERlY
<br />THIRTY FEET (30') OF LOT (2) LUSH SUBDIVISION IN THE CITY Of GRAHD lSUlHD, HflLL COUNTY, NEBRASKA EXCEPTING TIlEREFROft
<br />TRACTS Of LAND CONVEYED TO THE CITY OF GRAHD ISLAND BY DEEDS RECORDED IN THE REGISTER OF DEEDS OFFICE AS DOCUKEHT NO.
<br />83-003399 AIID DOCUIlEHT KG. 83-003551.
<br />
<br />which has the address of
<br />
<br />321511. STATE
<br />
<br />GRAH1) ISLOO
<br />
<br />htr<<l)
<br />
<br />tell))
<br />
<br />Nebraska
<br />
<br />611803
<br />
<br />("Property Address");
<br />
<br />(Zip ('0<1<)
<br />
<br />To Have and To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the
<br />Trustee, and to iis successors and assigns, forever. The Borrower represents to, and covenants with, the Trustee, that the Borrower
<br />has good right to sell and convey said premises; that they are free from encumbrance; and that the Borrower will warrant and defend
<br />the same against the lawful claims of all persons whomsoever; and the said Borrower hereby relinquishes all rights of homestead, and
<br />all marital rights, either in law or in equity, and all other contingent interests of the Borrower in and to the above-described premises,
<br />the intention being to convey hereby an absolute tille, in fee simple. including all rights of homestead, and other rights and interests
<br />as aforesaid.
<br />
<br />Provided 'Always, and these presents are executed and delivered unto the Trustee, in trust, however for the following purposes:
<br />
<br />Wher:eas, t'he Borrower on the 29 tb , day of February , 19 68 . borrowed from the Lender
<br />the sum qftlty Tbousand Sil Hundred Fifty and Ho/1ooths-------------------------------------------------__________________
<br />----------------~--------------------------- Dollars ($ 60,650.00 ), for which
<br />sum the Borrower has executed and delivered to the Lender Borrower's promissory note of even date, bearing
<br />interest at the rate olHil\l! and one half per centum ( 9.500 070) per annum on the unpaid balance until paid.
<br />The&~AAtVtbifTUd~hi~ltll be payable at the office of
<br />
<br />in P.O. BOX 3052, BIRIlIH6HAIl, "I 48012-3052 . or at such other place as the holder of the note
<br />may designate in writing. in monthly installments of FiYl! Hundred Nine and 98/100ths--------------------------------____
<br />------------------- Dollars ($ 509.98 ), commencing on the first day of April ,
<br />1<18 , and on the first day of each month thereafter untillhe principal and interest are fully paid, except that the final payment of
<br />principal and interest, if not sooner paid, shall be due and payable on the first day of Karch
<br />2q8
<br />
<br />This form is used in connection with mortgages insured under the one- to four.family programs of the National Housing Act which pro-
<br />vide for periodic Mortgage Insurance Premium payments.
<br />
<br />I ,Rag~;1 of 5,
<br />
<br />Form HUO.92143.0T (10.87 Edition)
<br />24CFR 203.17(a)
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