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Stale, of Nebraska Deed of Trust 88-102464 79308-1...20 r~~'1':~239786203 I. This Deec;I of TruSI, .<"Se. CW;i~. '.' '.'furl\!1le.~ nQ.)..~ is mad.e oi 1Ma"t 12 . d 19 88 . . The IruSlor i~ . SRR~onxnh'"'K111ef, 9~rlfil'8s!(3rBgJ:lsSR, jointly and severally and each in their own right, ("Borrower"). The trustee is FIRST FEDERAL SAVINGS AND .LOAN ASSOCIATION OF LINCOLN ' FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN under the laws of The United States of America . and whose address is 1235 Nebraska 68508 ("Trustee"). Th:c l":' :::f1dary is , which is organize.: .i~': t-.5ting fiN" Street, LincoJ.n, ("Lender"). Witnessetll: ThaI the Borrower in consideration of the debt and trust hereinafter described and created, and the sum of One Dollar ($1 ),to hiin in hand paid by the Trustee. lhe receipt of which is hereby acknowledged, does by these presents grant, bargain and sell, convey and confirm. unto the Truslee, forever, all .:If the following described real estate, situated lying and being in the County of Hall . and State of Nebraska, to wit: Lot Ten (10), in Meadow Lane Third Subdivision, Hall County, Nebraska. which has the address of 3020 Sunflower Grand Island hlf!:ct) 101~. Nebraska 68801 ("Property Address"); Ibr Codel To H."t and To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating, plumbing and lighting fj"tures and' equipment now or hereafter allached 10 or used in connection with said real estate unto the Trustee, and to ils successors and assigns. forever. The Borrower represents to. and covenants with. the Trustee. Ihat the Borrov.'er has good right to sell and con\'ey said premises; that Ihey are free from encumbrance; and that the Borrower will warrant and defend the same against the lawful claims of all persons whomsoever; and the said Borrower hereb)' relinquishes all rights of homestead. and all marital righls, either in law or in equity. and all other contingent interests of the Borrower in and to the above-described premises. lhe intention being 10 con\'ey hereb)' an absolute title. in fee simple. induding all rights of homestead. and other rights and interests a, aforesaid, Pro'Vlded ....Iways. and these presents are executed and delivered unto the Truslee. in trust. however for the following purposes: When'as. the Borrower on the 12th . day of May . 19 88 . borrowed from the lender che ~um of Fifty Seven Thousand Seven Hundred and no/100 Dollars ($ 57700.00 ). for which 'lllll rhe Borrower has c,~ecult:d and delivered 10 the lender Borrower's promissory note 01 even date. bearing imere\t al the rate of Ten per cenlum ( 10.000 0'0) per annum on the unpaid balance until paid. The ,aid principal and interest shall be payable at the orrice of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN in Lincoln, Nebraska Q.t~}i~~ other place as the holder of the note milY Je'lgnate in lHitil1l!, in monthl~' installments of Five Hundred Six and j July Dollars ($ 506.36 ). commencing on the firsl day of . 19 88. and Oil the firsl day of each month Ihereafter Untillhe principal and intereSl are full)' paid. except that the final payment of principal and ill1crest. if not sooner paid. \hall be due and payable llll the firsl day of June . 20 1a. ThiS form is used In connection with mOr1gages Insured under the one. 10 four.famlly programs 01 the Nahonal Housing Act which pro. vide lor pellodlc Mortgage Insurance Premium paymenls. Page 1 01 5 Form HUD.~21'*3.DT {1{1-s? Editionl 24CFR 203,17(a)