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State of Nebraska 88- 102565 Deed of Trust 79372-1-20 FHA ell. No, 321-1247231203 This Deed of Trusl, ("Security Instrument") is made on May 18 88 . The Irustor is Cheryl A. Michel, a single person, ("Borrower"). The truslee is 19 ASSOCIATION OF LINCOLN FIRST FEDERAL SAVINGS' AND LOAN ASSOCIATION OF LINCOLN under the laws of The United States of America . and whose address is Nebraska 68508 FIRST FEDERAL SAVINGS AND LOAN ("Truslee"). The beneficiary is . which is organized and existing 1235 "N" Street, Lincoln, ("Lender"). Wi'nesseth: That the Borrower in consideration of lhe debt and trust hereinafter described and crealed. and the sum of One Dollar ($1). 10 him in hand paid by Ihe Trustee. the receipt of which is hereby acknowledged. does by these presents grant. bargain and sell, convey and confirm, unlO Ihe Trustee. forever, all of the following described real estate. siluated lying and being in the County of Hall . and State of Nebraska. to Wll: Lot Twenty (20). Block Twenty-live (25), College Addition to West Lawn, an Addition to the City of Grand Island, Hall County. Nebraska. which has the address of 2103 North Huston hrrcI,'lI Nebraska 68801 ("Property Address"); tbp<'-ol.lC:1 Grand Island fC1t}'_ To Ha\lc and To Hold the premises above described, with all the appurtenances thereunto belonging and including all healing, plumbing and lighting fixturC5 and equipment now or hereafter au ached to or used in connection with said real estate unto the Truslee. and to its successors and assigns. fore.er. The Borrower represents to, and covenants with. the Trustee. that the Borrower has good righl to sell and convey said premises; that lhey are free from encumbrance; and that the Borrower will warrant and defend the same against the lawful claims of all persons whomsoever; and the said Borrower hereby relinquishes all rights of homestead. and all marital rights. either in law or in equity. and all other contingent mlerests of the Borrower in and to the above-described premises. the intention being to con\'ey hereby an absolule litle, in fee simple. induding all righls of homeslead. and olher rights and interests as aforesaid. Pro\lided Alwa)'s. and these presenls are executed and delivered unto the Trustee. in trust. however for the following purposes: Whereas. the Borrower on the 18th , day of May . 19 88 , borrowed from the lender the sum of Thirty Two Thousand Two Hundred and no/100 Dollars ($ 32200.00 l. for which ,um the Borro.... er has e\ecuted and dell\ ered 10 I he Lender Borrower's p'romissory note of even dale, bearing interest at the rate of Ten per centum ( 10.000 0:'0) per annum on the unpaid balance until paId, Th(.' said prinCipal and interest shall be pa~able al the office of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN in Lincoln, Nebraska T H d d Ei ht '!'Wor at {f1:b.€Y1foalace as the holder of the nOle ma~ deslgnat(.. in 'Hiting. in monthly imlallrnenl\ of wo un re g y 0 an ~ Jul Dollars ($ 282.58 1. commencing on the first day of y . 19 88. and on the first day of each monlh Ihereafler unlil the prinCIpal and inlerest areiuII \' paid. except that [he final payment "f ~~'I1I:~t and mten:,\, if n01 sooner paid. shall be due and payable on the first da~ of une . This form 15 used In conneclion with mortgages msured under the one. to rour.famlly programs of the Nalional Housmg Act whICh pro, VIde for periodiC Mortgage Insurance Premium payments. Page , 01 5 Form HUO.92143.DT i10.B7 Edll''''') 24CFR 203 17(a)