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r I Stat.. of Nebraska 88-103232 Deed of Trust ~~.~ECORD~~ 88-103507 FHA c... No. 321-1249045-203 (b) Home Federal Savings and under the laws of Nebraska Grand Island, Nebraska ThIs Deed of Trust ("Security Instrument") is made on June 17 19 88 .Theuugoris Brett L. Bamesberger and Christy L. Bamesberger, Husband and Wife ("Borrower"). The trustee is Arend R. Baack ("Trustee"). The beneficiary is , which is organized and existing , and whose address is 221 South Locust Loan Association of Grand Island 6B801 ("Lender"). WiInesseth: That the Borrower in consideration of the debt and trust hereinafter described and created, 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 gram, bargain lInd sell. convey and confirm, unto the Trustee in trust, with power of sale. forevfT. all of the following descnbed real estate. situated lying and being in the County of , and State of Nebraska, to wit: , Hall SEE ATTACHED EXHIBIT A The rider to the mortgage attached hereto and executed of even date herewith is incorporated herein and the covenants and agreements of the rider shall amend and supplement the covenants and agreements of this mortgage. whicb bas the address of 68801 r1THIS IS A PURCHASE MONEY MORTGAGE" 3002-3004 Cif~r Drive Grand Island (city I Nebn.ska (Zip Code I ("Property Address"); To Have and To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating. plumbing and lighting fu:tures and equipment now or hereafter attached to or used in connection with said real estate unto the Trustee. and to its suwessors and assigns, fcrever, The Borrower represents to. and convenants with. the Trustee, that the Borrower has good ri8bt to sell and convey said premillcs; that they are free from encumbrance; and that thc Borrower will warrant and defend the same against the lawful claims of all persons wbomsoeYer; and the said Borrower hereby relinquisbes al/ rights of homestead. and all marital rights. either in law or in equity. aDd all other contingent interests of the Borrower in and to the above-described premises. and intention heins to COIIvey hereby an absolute title. in rcc simple. including all ri8hts of homestead, and other rights and interests as aforesaid. Pro"ided Always. and tbe5c prcscnb are executed and delivered unto the Trustee. in trust, however for the following purposes: Wheras, the Borrower on the 17 ,day of June .19 88 . borro....-c:d from the Lender theswmof Fifty Four Thousand Nine Hundred and no/100------------------------------------- --------------------------- Oollan (S 54,900.00 ), (or wbich sum tile Borrower bas executed and delivered to the Lender Borrower's promISSOry nOle of even date. bc:arillf: i~ of ~ ~ of . Teper centum ( 10.0 %) per annum on the unpaid balanc.t' until paid. The said pnnCIpal anlllnter~ shall be payablul the off tee of Home F edera 1 Savings and Loan Association of Grand Island, 221 South Locust in Grand Island, Nebraska ,or at such other place as the holder of the note may desiatl8lc in writina, in rDOOthly installments of Four Hundred Eighty One and 80/100-----------:----------___ ----------- Dollars ($ 481 .80 ), wmmencing on the first day of August 19 88. and on the first day of each month thereafter until the principal and interest' are fully paid, except thatthc final payment of priJk."ipll and interest. if not IOOIICI' paid. shall be due and payable on the 61'SI day of J u 1 y 20 18. ThiS form II used in connection with mortgage. Inaured under the one- to lour-family programs 01 the National Houllng Act (includmg s.cUona 203(b) and (I)) whleh require a ana. Time Mortgage Inauranee Premiunl payment In accordance with the regulations for those pro~ram., Page t 01 5 form HUo..21,g.DT.1 (3-88~) 2. CFR 203 17(a)