|
State of Nebraska DEED OF TRUST FHA C— No.
<br />�8. 103.0 6
<br />321-124 866-703
<br />220600718
<br />THIS DEED OF TRUST, ("Security Instrument ") is made on JUNE 10 ,
<br />19 88. The trustor is TROY L. THOMPSON AND KATHLEEN L. THOMPSON, HUSBAND AND WIFE.
<br />( "Borrower "). The trustee is
<br />OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK ( "Trustee "). The beneficiary is
<br />OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK which is organized and existing
<br />under the laws of NEBRASKA and whose address is
<br />11704 W CENTER RD OMAHA, NEBRASKA ( "Lender ").
<br />Wilnesseth: That the Borrower in consideration of the debt and trust hereinafter described and created, and the sum
<br />of One Dollar ($1), to him in hand paid by the Trustee, the receipt of which is hereby acknowledged, does by these presents
<br />grant, bargain and sell, convey and confirm, unto the Trustee, forever, all of the- following described real estate, situated
<br />lying and being in the County of HALL , and State of Nebraska, to wit:
<br />LOT TWENTY EIGHT (28), CAPITAL HEIGHTS SEVENTH SUBDIVISION, HALL COUNTY, NEBRASKA
<br />which has the address of 4233 NEVADA GRAND ISLAND
<br />tStrrdt (City)
<br />Nebraska 68801 ("Property Address")-.
<br />(ZIP C,kko
<br />To Have and To Hold the premises above described, with all the appurtenances thereunto belonging .and including all
<br />heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate
<br />unto the Trustee, and to its successors and assigns, forever, The Borrower represents to, and covenants with, the.Trustee,
<br />that the Borrower has good right to sell and convey said premises; that they are free from encumbrance; and that the Bor-
<br />rower will warrant and defend the same against the lawful claims of all persons whomsoever, and the said Borrower hereby
<br />relenquishes all rights of homestead, and all marital rights, either in law or in equity, and all other contingent interests of
<br />the Borrower in and to the above- described premises, the intention being to convey hereby an absolute title, in fee simple.
<br />including all rights of homestead, and other rights and interests as aforesaid_
<br />Provided Always, and these presents are executed and delivered unto the Trustee, in trust, however for the following
<br />purposes:
<br />Whereas, the Borrower an the 10TH , day of ,TUNE , 1988 , borrowed from the lender
<br />the sum of FIFTY THREE THOUSAND SEVEN HUNDRED SIXTEEN AND 00 /100 --------------- - - - --
<br />Dollars (S 53,716.00 ), for which sum the Borrower has executed and delivered to the Lender
<br />Borrower's promissory note of even date, bearing interest at the rate of TEN
<br />per cemum (10.000 %) per annum on the unpaid balance until paid. The said principal and interesrshall I -, p.tvable at
<br />the office of OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK -11704 W CEtP'Eit RD
<br />in OMAHA, NEBRASKA , or at such other place as the 1 %in i% *,I - ,h.:..at. tnav
<br />designate in writing, in monthly installments of FOUR HUNDRED SEVENTY ONE AVD 40/100 --- ----
<br />Dollars.($ 471.40 ), commencing on the first day of AUGUST 1488
<br />and us the first day of each month thereafter until the principal and interest are fully paid, except that the final payment
<br />of principal and interest, if not sooner paid. ;.hall be due and payable on the first day of JULY 2016
<br />Rortnwer &tad Lender covenartt will agree as follows:
<br />I: - That Borrower will pay the indebtedness. as hcreinbcfore provided. Privilege is reservcA to pay the debt in whole
<br />or in part, on any due date.
<br />2. That, together with, and in addition in, the monthly payments of principal and interest lmyahle under the terns of
<br />the taste .secured hereby, the E3+mower will pay to the Leader. on the first day of each month until the said note is full%
<br />Paw, live following,sutros
<br />PPm1 �o Fwm NUD•92143.OT tta>r dolt 6011
<br />I
<br />riiw .R7 rat 1 ' 7 ,f'4 21WIl�t aU ) 7111
<br />
|