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<br />Stat.. of Nebraska <br /> <br />) 88-103232 <br />Deed of Trust <br /> <br />') <br />./ <br /> <br />FHA c... No. <br />321-1249045-203 (b) <br /> <br />Home Federal Savings and <br />under the laws of Nebraska <br />Grand Island, Nebraska <br /> <br />68801 <br /> <br />("Lender"). <br /> <br /> <br />Thii Deed of Trust ('~rity Instrument") is made on June 17 <br />19 8a ,TbetruStoris 8rett L. 8amesberger and Christy L. Bamesberger, Husband and Wife <br />("Borrower"), The trustee is Arend R., Baack <br />('7rliStee"). The beneficiary is <br />. whiCh is organized and existing <br />,and whose address is 221 South Locust <br /> <br />Loan Association of Grand Island <br /> <br />Wilimnth: That the Borrower in consideration of the debt and trust hereinafter described and created, and the sum of One Dollar ($ I). to <br />bUn in'hand paid by the Trustee, the receipt of which is hereby acknowledged, does by these presents grant, bargain al)d sell, convey and <br />confirm. unto the Trustee in trust, with power of sale, forever, aU of the following described real estate. situated lying and being in the County of <br />Hall ' and State of Nebraska, to wit: <br /> <br />., <br /> <br />SEE ATTACHED EXHIBIT A <br /> <br />The rider to the mortgage attached hereto and executed of even date herewith is <br />incorporated herein and the covenants and agreements of the rider shall amend and <br />supplement the covenants and agreements of this mortgage. <br /> <br />which bas the address of <br />68801 <br /> <br />"THIS IS A PURCHASE MONEY MORTGAGE" <br />3002-3004 Ci~~r Orive Grand Island <br /> <br />lcilyt <br /> <br />Nebraska <br /> <br />(Zip ("ook) <br /> <br />("Property Address"); <br /> <br />To Have ..... To Hold the premises above described. with all the appurtenances thereunto belonging and including all beatiDg. plumbing and <br />lishtinB fiXlun:s and equipment now or hereafter attached to or used in oonnection with said real estate unto the Trustee.. and to its SUClXSOI'S <br />and assigns. forever. The Borrower represents to, and CODvenants with. the Trustee, that the Borrower bas good ri8bt to sdI and ooavey said <br />praniscs; tbat they are free from encumbrance; and that the Borrower will warrant and defend tbesame apinst the lawful claims cI aD perIOIl5 <br />whomsoever; and the said 8ol10'ftl' hereby relinquishes all rights of homc:sIead, and aD marital rip1s.. either in law or in equity. aad aD timer <br />ooolin8mt interests of the Borrower in and to the aboYe4escribed premises, ami intention being to aJa\le)' hereby an absolute tide. inree simple. <br />iDcIudiD& all npts of bomestead, and other rights and intere5tll as aforesaid. <br /> <br />Pnwlded Always. and these preaent5 are executed and delivered unlo the Trustee, in trust, however for the foIlowilll purposes: <br /> <br />w--. the Borrower on the 17 . day of June ' 19 88 . borrowed from the Leader <br />the~of fifty Four Thousand Nine Hundred and no/100------------------------------------- <br />___________________________ Dollars ($ 54,900.00 ). [or wbich <br />sum die Borrower bas executed and delivered to the Lender Borrower's promISSOry note of even date, bearina <br />i~ of ~ ~ or ,Ten per centum ( 1 0 . 0 '{,) per annum on the un~ balance umilpaid, <br />The said pnnap.l and III1efe5t shall be payable at the 01f1CC of Home Federal Savings and Loan Association <br />of Grand Island, 221 South Locust <br />in Grand Island, Nebraska , or alSucb other pIaoe as the holder ohlle notr <br />may daipaIe in writin&. in monthly insta1lment:: of Four Hundred Eighty One and 80/1 OO----------~------------- <br />___________ DoIIan ($ 481 .80 ), commencina on the first day of August <br />19 88. and 011 the first day of each month thereafter unlil the principal and interest'are fully paid. except that the final payment of principal <br />aad inIeral. if not tooner paid. sbaU be due and payable on the first day of J u 1 y <br />20 18, <br /> <br />Thl. form It uaed In connection ."Ith mortgage. In.ured undltr the one- to 'our.f.mlly program. o' the National HoUling Act (including <br />Sectlona 203(b) and (1)1 which require a One- Time Mortgage Insurance Premium payment in accordance with the regulation. tor those <br />program.. <br /> <br />Page 1 01 5 <br /> <br />Ionn HUlMl1a-DT.1 (3..aIediIion) <br />2.- CFR 203,17(a) <br /> <br />L <br /> <br />..J <br />