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<br />Deed of Trust <br />88- 103053 <br /> <br />J~. . <br />f.....,-j 8:: 174-1-20 <br />I FHA ea.. No. <br />321:'12!J'6916203' <br /> <br />State of Nebraska <br /> <br />This Oftd or 'frust, ("Security Instrument") is made on June~ . 10 <br />19 88 . The trustor is Donnie R.' Berney and Joyoe J:,\aerney, husband and wi fe, <br />jointly and each in their own rl.sht, ("Borrower"), The truslee is FIRST FEDER..tU. SAVINGS AND LOAN <br />ASSOCIATION OF LINCOLN ("Trustee"). The beneficiary is <br />FIRST FEDERAL SAVINGS Mol{) LOAN ASSOCIATION OF LINCOLN , which is orJlUlized and existing <br />u"der.t~e laws of The United States of America ,and whose address is 1235 "N" Street, Lincoln, <br />Nebraska 68508 ("Lender"). <br /> <br />"-, <br />, [ <br /> <br /> <br />Wi........: That the Borrower in consideration of lhe debt and trust hereinafter described and created, and the sum of One O.Jllar <br />($1), (q'hhn in hand paid by the Trustee, the receipl of which is hereby acknowledged, does by lhese presents grant, bargain and sell, <br />convey and confirm, unto the Trustee, forever, all of lhe following described rea! estale, siluated lying and-being in the CC'Jnty of <br />Hall ' and Slate of Nebraska, to wit: <br /> <br />Lot Three (3), Block Fourteen(14). Fairview Park Addition to the City of <br />Grand Island, Hall County, Nebraska. <br /> <br />which has Ihe address of 1213 West 10 Street <br /> <br />Grand Island <br /> <br />(lMMI <br /> <br />lCiIJI <br /> <br />Nebraska <br /> <br />68801 <br /> <br />("Property Address"); <br /> <br />llIP Cod.. <br /> <br />To Han and To Hold the premises above described, with all the appunenances Ihereunlo belonlinl and lnc:ludil1l all heatina. <br />plumbing and lishtln. fixtures and equipment now or hereafter atlached 10 or used in connection with said real estate untO tbe <br />Truslee, and 10 its successors and assilns, forever. The Borrower represeOls 10, and Covt:naOlS wilh, the Trustee, that lhe 80TT'OWa' <br />has good riahl to sell and convey said premises; thai they are free from encumbrance; and thaI Ihe Borrower will warrant anddtfend <br />the same against lhe lawful chaims of all persons whomsoever; and the said Borrower hereby relinquishes all rights of homestead. aIM1 <br />all marilal righlS. either in law or in eqL:ity, and all olher cOOlingenl !Olerests of Ihe Borrower in and to the above-dcscribed premises, <br />Ihe inlenlion being 10 con1ley hereby an absolute lille, in fee simple, including all rilhlS of homestead, and other rilhu and intcrall <br />as aforesaid. <br /> <br />Provided Always, and these preseOls are execuled and delivered unto the Trustee, In trust, however for the foUowina purposes: <br />10th June 88 <br />Whcreu. Ihe Borrower on the 'Se ' day ofF1ft d 1100' 19 , borrowed from the Lnder <br />the sum of Twenty Six Thousand yen Hundrea Y 2~50n'bo <br />Dollan (5. ), for whi\:h <br />sum Ihe Borrower has e~uled and delivered 10 Ihe Lender Borrower's prOftjsseUonole of even date, bearina <br />inleresl at the rale of en per centum ( · Ofo) per annum on the unpaid balance until paid. <br />The said principal and inlerest shall be payable al Ihe office of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF <br />LINCOLN <br />in . ,Linc~ln~ Nebra~ka Two Hundred Th1rt ,tBJi. s*t~)'tel! as 1M holder of the note <br />may deslgnatt~ In wrlunS, in monthly IOstllllmenUtf,r76 Y August <br />Dollars (5 2j . ), commendnl on tbe first day of . <br />19 8ind on Ihe first day of each month Ihereafter unlil Ihe principal and Inlerest arc fUJ\Jllfid, excepl thaI lhe final payment of <br />principallnd inleresl, if nOI sooner paid, shall be due and payable on Ihe firsl day of . <br />20 16 <br /> <br />Thll form II uHd In connecllon with morlgag.s Insured under the one. 10 four.I.milv programs 01 the MaUonal Houllng Act Much ptO. <br />vide lor periodic Mortgage Insurance Premium paymentl. r n ' ' " <br />Fo"".MUD.'2~' ON} !'dill""1 <br /> <br />...,. _, . _. r. <br /> <br />.... 't(""t::-C ......,.... .... ..\ <br /> <br />u <br />