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<br />I
<br />
<br />State of Nebraska
<br />
<br />88-- 103.617
<br />Deed of Trust
<br />
<br />I FHA Ca.. HD.
<br />321-1246192-703
<br />
<br />This Deed of Trud, ("Security Instrument") is made on July 1 st
<br />19 8& . The trustor is MICHAEl K. BROIIH ind KARl D. BROWH, HUSIlAHD AMD WIFE
<br />("Borrower"). The trustee is
<br />LAllYERS TITLE IHSlf(AHCE CORPORATION
<br />CEHTRAI. ItORT6A6E CORPORATION
<br />under the laws of THE STATE OF t1ICHIGAH ' and whose address IS
<br />36800 GRATIOT, 1fT. CLEJlENS, "I 4~3
<br />
<br />("Trustee"). The beneficiary is
<br />, which is organized and existing
<br />
<br />("Lender").
<br />
<br />WilDel!lelh: That the Borrower in consideration of the debt and trust hereinafter described and created, and the sum of One Dollilr
<br />($1), to him in hand paid by the Trustee, the receipt of which is hereby acknowledged, does by these presents grant, bargain andse1I.
<br />convey and confirm, unto the Trustee, forever, all of the following described real estate, situated lying and being in the County of
<br />, and Slale of Nebraska, to wit: .
<br />
<br />HALL
<br />
<br />LOT TlIENTY ONE (21), 1M WEST HEI6HTS SECOND ADDITION TO THE CITY Of GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />
<br />- which has the address of
<br />
<br />508 WEST AVENUE
<br />(strccl)
<br />
<br />GRAHl) ISUlHD
<br />
<br />IcilY)
<br />
<br />Nebraska
<br />
<br />ElB803
<br />(Zip Code)
<br />
<br />("ProperlY Address");
<br />
<br />'To Have..... To Hold the premises above described. with all the appurtenances thereunto belonging and including all hating,
<br />plumbing and lighting fixtures. and equipment now or hereafter attached to or used in connection with said real estate unto the
<br />Trustee, and to its successors and assigns, forever. The Borrower represents to, ;!nd covenants with, the Trustee, that tbe Borro.-cr
<br />has good right to sell and convey said premises; that they are free from encumbrance; and that the Borrower wiD warrant and defend
<br />the same against the lawful claims of all persons whomsoever; and lhe said Borrower hereby relinquishes all rigbts of homestead, and
<br />all marital rights, either in law or in equity, and all olher contingenl inlerests of the Borrower in and to the above-described premises,
<br />the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other rishlS and interests
<br />as aforesaid.
<br />
<br />ProvWed Always, and these presents are executed and delivered unlO the Trustee, in trust, however for the following purposes:
<br />
<br />Whereas, the Borrower on the 1 st ' day of July ,19 6& ,borrollo'ed from ~he Lender
<br />the sUnt of Thirty One ThouiAnd Five Hundred ind Ho/100ths--------------------------------------------------------------------
<br />---------------------------~----------------------Dollars ($ 31,500.00 l, for which
<br />sum the Borrower has executed and delivered 10 lhe Lender Borrower's promissory nOll' of even date. bearing
<br />interest at the rate of Ten per centum ( 10.000 lIlo) per annum on the unpaid balance until paid.
<br />The St~flArciil\. ie&iiiAfl8U be payable at Ihe office of
<br />
<br />in 3b&OO GRATIOT, IU. CLEIlEK9, In 480~3 , or al such other place as tbe holder of the note
<br />may designate in writing, in monthly installments of 1wo Hundred s.v&nty-Sh i1nd 43/100th5---------------------~-
<br />--------------------- Dollars ($ 271).43 ), commencing on the first day of AulUlt .
<br />19 811 ,and on the first day of each month thereafler ulllillhe principal and inlerest are fully paid. except that tbe final payment of
<br />principal and interest. if not sooner paid, shall be due and payable on the first day of July .
<br />20 III
<br />
<br />This form Is used In connec:tlon with morlgages Insured under the one. to four.famlly programs 0' the National HOUSing Act which pro.
<br />vld~ for periodic Mortgage InDurance Premium payments.
<br />
<br />Page , 01 5
<br />
<br />Form HUD.82143-DT nO.87 EditIon I
<br />24CFR 20317(81
<br />Reprinted 2.ee
<br />
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