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<br />.c- <, <br /> <br />i ,II <br /> <br />88-:-10a55'(, <br />I FIlACao'~," '.' ...'" <br />321-1253512-703 <br /> <br />.~ ~ ~ <br /> <br />State of Nebraska <br /> <br />Deed of Trust <br /> <br /> <br />This Dee.hf Tro..t, ("Security, Instrument") Is made on July ] <br />to 88. The trustor Is John L. Schrier and Lor is. Schrier, Hus.band and Wi fe <br />, , ("Borrower"). The trustee Is <br />Firstier Bank. NatioJ;lal Association. Omaha, NE <br />Occidental/Nebraska Federal Savings,'Bank <br />under the I.ws..of Nebraska ' and whose address is <br /> <br />) .1704Wes t Center R,oad Omaha. NE 68114 ("Lender"). <br /> <br />Witnesseth: Thai the Borrower In conslderallon of Ihe debt .nd trusl hereinafter d...,rlbed and crealed, and Ihesum of One Dollar ($t). 10 <br />him In h.ndpald by tha Trustee, the ~Ipt of which Ia h,",by acknowledged, does by these presents grallt, bargain and sell. ""ovey and eon. <br />firm, unto the Trustee, forever, all of Ihe following described' real ""Iale, slluated lying and befngln the Counly of <br />Ha 11 . and State of Nebraska, to wit: <br /> <br />("Trustee")..11te,beneflclary !s <br />, whleb is organized and existing <br /> <br /> <br />r <br /> <br />LEGAL DESCRIPTION: <br />'LOT EIGHT (8), IN BLOCK TWO (2), IN LE HEIGHTS SECOND SUBDIVISION, HALL COUNTY, <br />NEBRASKA . <br /> <br />which hu the add... of <br /> <br />2324 Gateway Avenue <br /> <br />Grand Island <br /> <br />t..~) <br /> <br />Idl.l <br /> <br />Nebr.... <br /> <br />68801 <br /> <br />("'Properly Addr...): <br /> <br />,lIpc..ltl <br /> <br />To Have and To Hold the premises above described, with all Ihe appurlenanreo Ihereunlo belonging and Including all healing, plumbing and <br />IIpUnl flstum and equipment now or hereafter allached 10 or used In connecllon wflh said real ""late unto Ihe Tnutee, and to Its SU<:CeDOtS <br />and Ulil!ll. forever. The Borrower represents 10, alld covenlnll wllh, Ihe Trullee, that Ihe Borrower has good rlghl to sell and convey said <br />premiss; that they are free from encumbrance; and thai the Borrower will WArrant and deFend the ume alalnsl the lawful elalms of all per- <br />_ whon_ver; and tM ..kI Borrower hereby rellnqu....... all rlghb of hommtead, and all marllal ripb, either In law or In equity, and all <br />other eonllnpnllnterelt.l 01 the Borrower In and to the ahove-dlllCl'lbed premlles, the Intention belnl to convey hereby an absolule tltJe, In fee <br />simple, Includlnl .11 rlahb of homestead. and olher rlghb and Interesb as doreuld. <br /> <br />1 <br /> <br />I'rovJcJed A1wa,.., and t"- pr_b are elllCllted and delivered unlo the TrUltee, In trull, however For Ihe following purpmea: <br /> <br />WMrMs, the Borrower on the J 5 t . day of Ju 1 y , 10 88 . borrowed from the Lender <br />~.wnol Forty-Seven Thousand Five Hundred and 00/100-------------------------------- <br />, Dollar. (t 47,500.00 1. ror which <br />, _tha Borrower hQ.ltIeCIIled _nd delivered 10 tho Lender Borrower'l prom"'ry nolo 01 even dAY, bearlnglnteresl al the ralo or Eigh t and <br />N1nety-Eig~t One-Hundredths per centum ( 8.980 ") per annum on Iho unpaid balance until paid, <br />The..1d prlnclpal.nd Interest shall be pay.ble ellhe office or Oce identa l/Nebraskll Federal Savings Bank <br /> <br />In 11704 West Center Road Omaha, NE 68114 ,or II luch oth.r place';' the hold.r oltho notr <br />may d.lptela wrlllnl. In monthly IIIlItallmelll101 Th ree-Hundred S ixty-l11 ree and 84/100--------------- <br />______________ Dolla,. ($ 363.84 ), eommenclnl olllh. nm day or August <br />19 88 . end on lhe nm day of each month lhereafter nnllllh, principII and (nterm are rully paid, escept thll the nnal paymenl of rrln. <br />e1pal and Inlerest, If not IOOner Plld. shall be due Ind payable on Ihe nflt day or Ju 1 y <br />if) 18, <br /> <br />ThlI form II uMd In COllIl4IOtIon with rnort".ci.. IlIIurad under 1111 on. 10 lour.lamlly programl ollh. Nallonal Boulln" Acl which provide 101 <br />PtIIodlo Mort". I"aur.nee Pr.mlum paymanll. <br /> <br />p. 1 of. <br /> <br />FOlm Imo .2143 OT 1'0,81 Edition) <br />24crR 203'7111 <br />