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<br />State,of Nebraska <br />220600716 <br /> <br />88-103562 <br />DEED OF TRUST <br /> <br />..__._....'R_..._....,I i <br /> <br />FilA C&lIC No. <br />321-1246026-748 <br /> <br /> <br />TlUSJ~EED OF TRUST, ("Security Instrument") is made on JULY 1 <br />19;,~.e.~;I~~tor is FEDElUCO T. ROSAS AND TONIA R, ROSAS, HUSBAND AND WIFE <br />..', '.....' ',("Borrower"). The trustee is <br />OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK <br />oCClIDEmL~RASKA FEDERAL SAVINGS BANK <br />~~:die I~~s of NEBRASKA ' , , and whose address is <br />" . 1l704W CENTER RD. OMAHA, NEBRASKA <br /> <br />("T~"). The bc<nel!cial'y is <br />, which is organized ~ exisl!ng <br /> <br />("Lender"). <br /> <br /> <br />Witnesseth: That the Borrower in. consideration of the debt and trust hereinafter described and created, and the sum <br />ofQne Dollar ($1), to:him in hand paid by the Trustee, the receipt of which is hereby acknowledged"does by these presents <br />81'ant, bargainand,sell,convey and confirm, unto the Trustee, forever, all of the following described real estate, situated <br />lying and being in the County of HALL , and State of Nebraska, to wit: <br /> <br />LOT NINE (9), BLOCK SEVEN (7), HANN'S THIRD ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTy., NEBRASKA. <br /> <br />which has the address of 317 SOUTH SYCAMORE <br /> <br />(Slreel) <br /> <br />GRAND ISLAND <br />ICilyl <br /> <br />Nebraska <br /> <br />68801 <br />IZip Cod<I <br /> <br />("Propeny Address"); <br /> <br />To HaYe IIIId .To Hold the premise~ above described, with all the appurtenances thereunto belonging and iDcluding all <br />heating, plumbing and lighting fixwres and equipment now or hereafter attached to or used in coDDCClion with said real esIaIe <br />unto the Trustee, and to its successors and assigns, forever. The Borrower represents to, and covenants with, the Trustee, <br />that the Borrower has good right to sell and convey said premises; that they are free from encumbrance; and that the Boc- <br />rower will warrant and defend the same against the lawful claims of all persons whomsoever; and the said Borrower hereby <br />relenquishes all rights of homcsread, and all marital rights, either in law or in equity. and all od1er contingenl imerests of <br />the Borrower in and to the above-i1escribcd premises, the intention being to convey hereby an absolute tille, in fee simple, <br />including all rights of homestead. and other rights and interests as aforesaid. <br /> <br />Provided Ahr.ys. and these presents are executed and delivered unto the Trusree, in trust, however for the following <br />purposes: <br /> <br />Wberas. the Borrower on the 1ST . day of JULY , 1988 . borrowed from the Lender <br />the sum of'nIENTY EIGHT THOUSAND THREE HUNDRED FORTY TWO AND OO/locr------------------- <br />Dollars ($ 28,342.00 ), for which sum the Borrower has executed and delivered to the Lender, I' <br />Borrower'lP!l!DliuoIY DOIC of even date, bearing interesl at the rate of TEN AND ONE-HALF 1 <br />per centum (1,0.5, 0,,0 ....) per annum on the unpaid baIancc until paid. The said principal and interesl shall be payable aI " <br />the offa of OCCIDENTAL NEBRASKA FEDEIlAL SAVINGS BANK-1l704 W CENTER RD 1 <br />in OMAHA, NEBRASKA , or aI such other place as the holder of the DOte may 1 <br />delipale in wrili!ll, in monthly installments of TWO HUNDRED FIFTY NINE AND 26/100 i <br />DoIIars(S 259~26, ), cotIIIIIe\'K.ing on the first day of AUGUST ,ICJB8 . <br />IIId 011 the fin! day ,of CIIch month thereafter until the principal and interest are fully paid. except that the final payment <br />of frincipal and inIereII. if IlOl 500IIer paid, shall be due.and payable on the first day of JULY 2018 <br /> <br />lor"",." ...... eov.... .... .... as foIItnrl: <br /> <br />I. Tbat.Borrower wiU pay the indebledlle5l, as hereinbefore provided, Privilege is reserved to pay th~ deb! in whole <br />or.ln,,,,, OIlllll)' ,iDllClllllllelllduc dale. <br /> <br />I <br />I <br /> <br />i <br /> <br />2. 'ThaI. IOIdhcr with, and in addition to, the monthly paytnellts of principal and int~rest payable under the terms of <br />lhc DOle reaared hereby, lhc Borrower will ply to \be Lender. onthc fin! dlly of each month until the said note is full)' <br />petd, lbe fullowirla IUIM: <br /> <br />Fonn HUO-UtU.oTRev, 2IlIlI 8lf>! <br />P.~"~t71.' ," <br /> <br />..... 1 aU <br />.' "7 11M <br /> <br />,,' ....!of - ..........."""-..,..._. "~.___~..."..,-, .I.,<!!;;;".~,.. .it.... <br />