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<br />1-
<br />
<br />State of Nebraska
<br />
<br />88- 100979
<br />Deed of Trust
<br />
<br />FHA Cue No.
<br />321-.1232590-703
<br />
<br />R8'8~~mDf~ 1080
<br />I
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<br />This Deed of Trusl, ("Security Instrument") is made on February 29 th
<br />1988 ' The trustor is ROBERT D. LONG, JR. and GERALDINE A. LONG, HUSBAND AND WIFE
<br />("Borrower"). The trustee is
<br />Lawyers Title Insurance Corporation
<br />CENTRAL ~TGAGE CORPORATION
<br />under the laws of THE STATE OF nICHIGAH , and whose address is
<br />P.O. BOX 3052, BIRnINBHAN, "I 48012-30~~
<br />
<br />("Trustee"). The beneficiary is
<br />, which is organized and existing
<br />
<br />("Lender"),
<br />
<br />Wilnesselh: 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, all of the following described real estate, situated lying and being in the County of
<br />HAlL . and State of Nebraska, to wit:
<br />
<br />LOTS TIIO (2) AND THREE (3), ISUMD ACRES IItJIIBER 1, 1M TIlE CITY OF GRAND ISlAHD, HAll COUNTY, NEBRASKA AND THE EASTERlY
<br />THIRTY fEET (30') OF LOT (2) LUSH SUBDIVISION IH THE CITY OF GRAND lSUlHD, HALL COUNTY, HEBRASKA EXCEPTING THEREFROK
<br />TRACTS Of LAND COHYEYED TO THE CITY OF GRAND ISLAND BY DEEDS RECORDED IN THE REGISTER OF DEEDS OFFICE AS DOCunEHT MO.
<br />83-003399 AHD IIOCIIlEHT NO. 83-003551.
<br />
<br />which has the addreSs of
<br />
<br />a2!!i II. STATE
<br />
<br />GRAHII ISLAND
<br />
<br />(\In:-c:O
<br />
<br />(eil)')
<br />
<br />Nebraska
<br />
<br />6&103
<br />
<br />("Property Address");
<br />
<br />(Zip Code)
<br />
<br />To Have and To Hold the premises above described, with all the appurtenances thereu!1lo belonging and including all heating,
<br />plumbing and lighling fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the
<br />Trustee, and to its successors and assigns, forever. The Borrower represents to, and' covenants with, the Trustee, that the Borrower
<br />has good right to sell ~hd 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 righls, 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 title, 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 truSl, however for the following purposes:
<br />
<br />. ~,~er,eas. the Borrower on the 29 ill , ,,' day of Februny . 19 &3 ' borrowed from the lender
<br />
<br />th~sunl qftlty,ThOUIiRd, Six Hundred Fifty .nd Ho/l00ths-------------------------------------------------------------------
<br />--------------------------------7:------------------ 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 odtine and Olle hilf per cemull1 ( 9.500 Dlo) per annum on the unpaid balance until paid,
<br />TheLf~1RiirmUdcli~h~all be payable at the office of
<br />
<br />in P.O. BOX 3052, BIRIlIHGlAil, III 48012-3052 , or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Five Hundred HiM and 96/100ths--------------------------------------
<br />--------------------- Dollars ($ 509.98 I, commencing on the first day of April .
<br />I~ . and on the first day of each month thereafter untillhe principal and interest are fully paid, except that the final paymem of
<br />principal and interest, if not sooner paid, shall be due and payable on the first day of IInch
<br />2<18
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<br />This form is used in connection with mortgages insured under the one. to four,lamily programs of the National Housing Act which pro.
<br />vide for periodic Mortgage Insurance Premium payments.
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<br />: \ ,FijlA.'1 of 51
<br />;# '4' I..
<br />
<br />Form HUD.92143-D.T'!lQil7 'lOdi\ion)
<br />, '. '2.(cf;A2b3. f7(al
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