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RERECORDED TO CORRECT ACKNOWLEDGE~NT COJTAINED ON FHA RIDER PREVIOUSLY _ RECORDED AS INSTRUMENT #88-102604. State of Nebras'ht.RECORDED Deed of Trust 88- 10279B 88- 1026.M 79338-1-20 This Deed of Trus!. ("Security InstrumeOl") is made on May 20 19 88. The trustor is Kenneth A. Steinbeck and Elaine L. Steinbeck, husband and wife, jointly and each in their own right, ("Borrower"). The trustee is FIRST FEDERAL SAVINGS AND LOA.l\l' ASSOCIATION OF LINCOLN ("Trustee"). The beneficiary is FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN . which is organized and existing under the laws of The United States of America ,and whose address is 1235 "N" Street, Lincoln, Nebraska 68508 {"Lender"). Witnesseth: That the Borrower in consideration of the debt and [rust hereinafter described and creau,d, and the sum of One Dollar ($1). to him in hand paid by the Trustee. the receipt of which is hereby acknowledged. does by these presents grant. bargain and sell. convey and confirm. UOlO the Trustee, forever. all of the following described real estate, situated lying and being In the County of Hall ' and Slale of Nebraska, to wit: Lot Seven (7), Block Two (2), Colonial Estates Subdivision, to the City of Grand Island, Hall County, Nebraska. which has Ihe address of 1128 North Hancock Grand Island ('olr~11 ~m~; Nebraska 68803 ("Property Address"); ,lop t'""" To Have and To Hold the premises above described. with all the appurtenances thereunto belonging and including all healing. plumbing and lighting fixtures and equipmem now or hereafter attached to or used in connection with said real estate unto the Trustee, and to its successors and assigns. forever. The Borrower represents to. and covenants with. the Trustee. that the Borro~'Cr has good righl [0 sdl and convey said premises; that they are free from encumbrance; and that the Borrower will warrant and defend the ,a me against Ihe lawful daims of all persons whomsoever; and the said Borrower hereby relinqUishes all rights or homestead. and all marital rights, either in law or in equity. and all other conllngem imerests of the Borro\\er in and to the above-described premises. the inlemion being 10 convey hereby an absolute litle, in fee simple. induding all rights of homestead. and other riglltsand interests as aforesaid. Provided Always. and these presents are executed and deli\ ered unto the Trustee. in trust. however for the following purposes: Whereas. (he Borrower on Ihe 20th, da\' of May . 19 88 . l)orrowed from the lender Ihe sum of Sixty Three Thousand One Hundred . Fifty "nd no/l00 Dollars ($ 3150.00 ). for which ~um the Borroy,er has execuled and delivered 10 the Lender Borro\\er\ Pfom8W6Y note of even date, bearing il1lere~1 at the rate of Ten per cemum ( . (1'0) per annum on the unpaid balance unul paid The said principal and interest shall be payablo: al lhe <>ffice of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ,.LnINCOLN Lincoln, Nebraska "" ",.w.. h Fi ve Hundred Fifty Fo'dt-3taWcr' 1~'l'\ 'l1'1ce 35 the older "r the note ma~ designale in wriling, in monchly inslalllJJ~Us ~t:. July Dollars (S ~~Lj. Y ). commencing on the first day of . 19 88. and on the firsl day of each monlh lhereafter Ulllll the prlllcipal and interest are JtI~paid. except that the tinal payment 0f principal and Imerest. if not sooner paid, shall be due 3nd payable on the first day of . 20 18. ThiS lorm IS used in connection With mortgages insured under Ihe one. 10 lour.famlly programs of the National Housing Act which pro. Vide for periodiC Mortgage Insurance Premium payments. Pane , 01 5 Form HUD.921C3.DT OO-S7 Eo,t.onl ;:~('~::; :03 ~ ~,<l\ , 'I; ~. ., L --1