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<br />79433-1-20 <br /> <br />> Stato of Nebraska <br /> <br />Deed of Trust <br /> <br />~HA el.. No, <br />321-1245775248 <br /> <br />each <br /> <br />nls Deed of Trust, ("Security Instrument") is made on June 8 <br />19 88 . The trustor isM1cbael A. Smith and Donna L. Stith, <br />in their own right, ("Borrower"), The trustee is <br />ASSOCIATION OF LINCOLN <br />FIRST FEDERAL SAVINGS A~ LOAN ASSOCIATION OF LINCOLN <br />under th: laws of The United States of America , and whose address is <br />Nebraska 68508 <br /> <br />88- 102972 <br /> <br />husband and wit e, jointly and <br />FIRST FEDERAL SAVINGS AND LOAN <br />("Trustee"). The benefici;:iY is <br />. whicn is organized and existing <br />1235 "Nit Street, Lincoln, <br />("Lender"). <br /> <br />WlllKssctll: ThaI the Borrower in consideralion of Ihe debl and trusl hereinafler described and crealed. and the sum of Onc Dollar <br />ISI), to him in ha",'~ paid by Ihe Trustee, the receipt of which is hereby acknowledged. does by these presents grant, bargain and sell, <br />convey and confirm. unlO Ihe Trustee. forever. all of the fonowing described relll eSlate. siluatcd lying and being in thc County of <br />Hall . and Slale of Nebraska. to wil: <br /> <br />The East Forty (40) Feet of Lot Five (5) and all of Lot Four (4), 1n Block <br />Seventeen (17), Original Town of Wood River, Hall County. Nebraska. <br /> <br />"hId. h.., lite' :lddrr\\ of 109 Welt 11 Street <br /> <br />Wood River <br /> <br />hHftlJ <br /> <br />C~U)'J <br /> <br />Nebr01~la <br /> <br />68883 <br /> <br />,"Properly Address"); <br /> <br />t./Jr'. ~~~ <br /> <br />To II." .nd 11) Hokllhc preml~s abo~c J~rttxd. IIollh alllhe ;appurtenanc() thereunto belonains and includinl all healing. <br />rlumblni anJ lill,hlmB n'turcs and equipmcnt no.... or haealter altal:hed 10 or used in connn:lion wilh said real estate unto the <br />Truslce, ~IIJ 10 ih \U~~'!l:uor) and ,u~ijn), forc>er, nit Borro\llicr rl'prC'M:nu 10, and covcnants with. lhe Truslee. thaI the Borrower' <br />!la. !lOl..ld!lihl to \cll .An.! ':OIlH'~ >aid preml!>Cs; thaI they are free from encumbrance: and Ihat the Borrowcr will warranl and defend <br />tilt' ).lmc ag.lIIlst the l..",ful ,;(Ollms 0)1' illl penon) ..homs\Je\cr; Jnd the said Borrower hereby relinquishes all rilhts of homeslead.and <br />all maril.d ughl), culler In 101.... or 10 CQUlI}. and all III her !:unllnilCnl mlcrt:!iIS of the BorrOlAler in and to Ihe above-described premises. <br />the mtention \)rlOl!l 10 .:on~c) hefC:by an ab..olule wle. In fee simple. mdudmg all right~ of homcMead. and other rights and interests <br />;\~ .! fore~3iJ <br /> <br />Pro\ickd .'I..~,. and thesc presents arc c'\e.:utcd an" deh'cr~ WHO the Trustee. in trust. however for the following purposes: <br /> <br />WI.unll. the Borro....:r on the 8th . da) <.,( June ' 19 88 ' borrowed from the Lender <br />lh~ sum of Forty Two Thousand Fifty and noll00 <br />Dollom IS 42050.00 I. for lIo'hh:h <br />'Un! .he B..'rro...(r h.l\ I:\C,utc": .;m" del,\('r.:J I,' the Lender Borro...cr's Qr>>nU~Q.ry no Ie of even date. bearing <br />interest .it the rale of Ten p<:r ,;entum I J.U .UUU ""0) pcr annum on the unpaid balance until paid, <br />me <,;lId pnncir>al and mterest .,hail be pa~abk at the ofit.;-c of FIRST FEDERAL SAVINGS A.~D LOAN ASSOCH.TION OF <br />LINCOLN <br />Hi Lincoln. Nebraska b H d d Si nfhgl mia ~lfOtie as the holder of the nm.: <br />m.l~ de'lgnate to \\ riting. in monthl~ In'1..l!lmcrlls of Tree un re xty August <br />DoHar, is 'l6Q 02 ,I. .:ommencing on tpe first day of . <br />lQ 88. and on the first da~ uf ea.:h r:wnm incn:a/[er untJI:he pnnclpal and interest are fully paid. cx,;ept thaI the final rr\ymCnl of <br />prim:ip:t1 and im.:res!. if nOI ,o..--mcr p.iIJ, .,hall be due and payable on the fint dar of July <br />:0 <br />18 <br /> <br />ThiS form ,s used m connectIon w.th mortgages tflsurea uniJer the ons' to lout.family programs 01 tne National Housmg ACI whIch pro. <br />~.;:le lor penod.c Mortgage Insurance prerf\!Um caymenls <br /> <br />Page , of 5 <br /> <br />F'orm HUD.92'C3-PT" it0-87 Edll'''~ I <br />, , 2~cFiR .203 ,7(al <br />