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<br />I <br /> <br />.' <br />.... '. <br /> <br />n <br /> <br />State of Nebraska <br /> <br />88-101477 <br /> <br />\ ' ,~1 ,f,\, t ;} Y: <br />.' w; ~" <br /> <br />321-1230656-;- 7.4 .8, <br /> <br /> <br /> <br />,~ <br /> <br />Deed of Trust <br /> <br />FHA Ca.. N!>. <br /> <br />This Deed of Trust, ("Security Instrument-) is made on March 24 <br />19 88 . The truslor Is William M. Stahl and Dawnita L. Stahl, <br />- rDorrower1, The trwlre Is <br />Firstier Bank, National Association, 'Omaha, NE <br />Occidental Nebraska Federal Savings Bank <br />under the laws of Nebraska <br />11704 West Center Road. <br /> <br />Husband and Wife <br /> <br />Omaha, NE <br /> <br />, and whose address is <br />68114 <br /> <br />("Trustcc'), The bcnericiary is <br />, which is organi?.ed arid existing <br /> <br />("Lender:). <br /> <br />Wiln~h: Thai the Borrower in con.,irleralinn of the debt and trllsl hcrdnaft..r desCribed and ..r('aled, and Ihe sum of One Dollar ($1), 10 <br />him in hand paid by the Trustee, Ihe rl'Celpt of which is hereby acknowledged, does bylhese present. granl, bargain and sell, com'c)' and con. <br />firm, unlo the Trustee, forever, all of thc following described real estale, siluated lying and b..ingin the County of. <br />Ha 11 , and State ,,[ Nebraska, to wil: <br /> <br />LEGAL DESCRIPTION: <br />LOT TWO (2), IN BLOCK NIh~TEEN (19), IN BAKER'S ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA. <br /> <br />whk:h has the addreu of <br /> <br />2405 West 2nd <br /> <br />Grand Island <br /> <br />f"~1 <br /> <br />'"'!-t <br /> <br />Nebr..ka <br /> <br />68801 <br /> <br />("Prol>crty Addres.<); <br /> <br />fl.. &drl <br /> <br />To .Have .nd To lIold Ihe premises aoo,'c described, .....ith .U lhe appurh'nanccs Ihrrt"unlo "c1ongin~ and inchlding all hc:Jlting. plumhing and <br />Uehling fhture .lId <<Juipmenl now or h..r..after attached to or tl5t'd in connectinn \4'ilh ~lIid real cst..lr. unlo the Trustee, and 10 ils successors <br />and assigns, foll:'Vn. The Bonower represen15 to, and ('(wenanls \4'ilh, the Trustre, Ihal the Borro....er has good righl to sell and C'OO\'Cy said <br />premises; thai they are free from enellmbranCi!: .nd thai lhe Borro,,'er ....iII "'.rrant and defelld t"'- MIme against the la....ful claims of all per_ <br />-- wbom_. and the said Bonower hereby reliliquishe5 all rights of homestead, and all marit.1 rights, either in I..... or in equit)', .nd all <br />other contingent Inlerests of the 8orroll'cr in and 10 the .bove-desc:ribed p,..mises, the Inlentlon being to COO\'C}' hereh)' an absolute tille. in fee <br />sjmple, Including .11 rights of homeslead, and olher tights .nd inlerests as afol"f:!Aid, <br /> <br />Provided At..a}", and these presents are eucuted and ddl\'Wld unto the Trustee, in 1r1l5t, how..,.... for the lollo"'ing purpo<es: <br /> <br />U;.. <br />, <br /> <br />W~as; the Borrower on the 24th , da)' of March . 19 88 ,borrowed from Ihe Lender <br />the~mof Twenty-Five Thousand Two-Hundred Seventy-Two and 00/100------------------------ <br />--"----------------------------------:-..Dollan (. 25,272.00 . ). lor which <br />sum the hlOwer ha. el~lted and delhwed 10 lite Lender Borrower's pmmhsOl)' note of C\'en da)", louring inlrrHt allhe ralt' 01 Eight and <br />Ninety-Eight One-Hundredths JI" centum ( 8.980 'JI.) 1)('. anllllrn on the unpaid balance until paid, <br />. Thualdprino:l...landlnleratshallbepa)'ableattheofflceof Occidental Nebraska Federal Savings 'Bank <br />11704 West Center Road <br />In Omaha.. NE68 1 14' , or al sucholh..r placc lIS the huld..~ of Ihe nule <br />may desllnate In wrlllntl. In _thly Inslalhllt!nls 01 Two"-Hundred Two and 98/100-------------------------_ <br />--,...,...-------------__'-_{)ollarl (. 202.98. ). commendng on 11.1' fi~l day of May <br />19 88 ,.nd on the lIut day III .....It 100nth therealter until the principal imd Inl..n;'! are full)' I'ald, t'lccpl that the finll I,.)'ment or prill> <br />t;Jp.l and Intetat, If not IOOnn ..aid, shalll~ due and parable on the flnt day of Apr i 1 <br />I'J 18 . <br /> <br />-. ~ <br /> <br />TNI. form II UHd In COftOM:tlon with mortgage. inllured under the on. to tour.lemily programs 01 the National Housing Act which provide lot <br />period\(; Morlgaoe InlUfMCe P.emlum paymenl.. <br /> <br />Peg. tor.. <br /> <br />Form HUO 92'.3 or (1061 Ed,tion) <br />".erA ?OJ 11(11) <br />