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<br />88-104338
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<br />.State of Nebraska
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<br />Deed of Trust
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<br />FHA COM No.
<br />
<br />("Lender').
<br />
<br />
<br />321-1253512-703
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<br />This Deed of Trust, ("Security Instrument") is m.de on Ju ly 1
<br />19 88 . Thebudorls John L. Schrier and Lori S. Schrier, Husband and Wife
<br />C'Borrower'). The trust"" Is
<br />
<br />Firstier Bank, National Association, Omaha, NE
<br />u~.!tlli\,enl$PoVNebraska Federal Savings Bank ,and whose addressls
<br />Nebraska
<br />11704 West Center Road Omaha, NE 68114
<br />Wll......th, Th.. the Borrower in consideraUon 01 the debt and trust herelnalter de5Crihed .nd creoted, and the sum nl One Oollar ($1). to
<br />him in h.nd p.ld by thl: Trust.., the receipt 01 which Is herehy .eknowledged, does by these presents gr.nt, bargain .nd .ell, convey and con.
<br />IIrm, unto the Trust.., forever, .11 01 the lollowlng de5Crlbed reol est.te, situated lying and helng In the County 01
<br />Ha 11 . and St.te 01 Nebrosk.. to Witl
<br />
<br />("Trust....). Theben~llcl.ry Is
<br />. which Is org.nized .nd <!listIng
<br />
<br />LEGAL DESCRIPTION,
<br />LOT EIGHT (8), IN BLOCK TWO (2), IN LE HEIGHTS SECOND SUBDIVISION, HALL COUNTY,
<br />NEBRASKA .
<br />
<br />THIS DEED OF TRUST IS BEING RERECORDED TO CORRECT
<br />THE LOAN AMOUNT OF A DEED OF TRUST DATED JULY I, 1988
<br />AND RECORDED '110\ Ii'" AT BOOK~ U,- 'O~5~'1
<br />PAGE ~ISTER OF DEEDS RECORDS
<br />OF HALL COUNTY, NEBRASKA.
<br />
<br />which hu the .ddress 01
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<br />2324 Gateway Avenue
<br />(511ft'll
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<br />Grand Island
<br />
<br />'eftJI
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<br />Nebruka 68801
<br />
<br />("Property Address'):
<br />
<br />(1Jpc...dRl
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<br />To lI.ve .nd To 1I0ld the premises .bove de5Crlbed. with III the Ippurtenonces thereunlo belonging Ind Including oil heotlng, plumhing ond
<br />UpUnl fll'urs and equipment now or hereafter auached eo or used in connection with said real estate unto the Truslce. and to its suC\;essors
<br />.nd ....11'1. forever. Tbe Borrower represents to, and covenants with. the Trustee. that the Borrower has good right to scll and convey said
<br />prem'-; lit., they Ire free from encumbrance; and that the Borrower wUl warrant and defend the same _181nst the lawful elalms of all per.
<br />lOIII Wholl\lOO\lftl .nd the sold Borrower hereby relinquishes III rights of homestead, and III mlrltol rights, either In low or In equity, ond III
<br />other contlnaent Interests of Ibe Borrower in .nd to the above-described preml.... the IntenUon being to convey hereby on .bsolute title, In I..
<br />simple, Including all rights cl homesteod. .nd other rights ond InteresIJ .. olores.ld.
<br />
<br />!'t'M'lded AJwa)'l, and these presents are eeculm and deUnred unto the Trustee, in lrusl, howc\'er (Of the (ol1ow'nl purposes:
<br />
<br />L
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<br />Whereu, the 8oTrower on the 1 s t , dlY 01 Ju 1 y . 10 88, borrowed lrom the Lender
<br />
<br />the sum of Forty-Five Thousand Three Hundred and 001 100-----------------------------------
<br />UOn.n I' 45,300.00 I, lor which
<br />sum the Borrower h.. e.:ecuted and delivered to the Lender Borrower's promissory note of even doy, heorlng Inte...l It the rate of E igh t and
<br />Ninety-Eight One-Hundredths per centom ( 8. 98 ~) per annum on Ihe unp.ld bolonce unlll pold.
<br />The nld prlnclpal.nd Int....t shall he pay.ble.1 the ollk:e 01 Occidenta 1 INebraska Federa 1 Savings Bank
<br />
<br />In 11704 West Center Road Omaha, Ne 68114 ,OrI15llehotherpllcc';'tbeboldcrolthono,c
<br />m.y clesJgn.le in writing, In monthly Inst.llments of Three-Hundred Sixty-Three and 84L 100------------------
<br />____________________-DoIlan (t 363 84 ), commenclng on Ihe IIrst do)' 01 A . t .
<br />19 88 , and on the lint dlY 01 e.cb monlh thereolter unUr '-he prlnelpol Ind Inleresl ore lully plld, e.cept thot Ihe rrit~~r)'ment 01 prln-
<br />dpal and 1n_, il noIsooner plld. shall he due .nd Plyoble on tbe IIrst dlY 01 Ju 1 Y
<br />20 18 .
<br />
<br />ThIa Iorm lIlned In connecIlan with mortgall" In.urad unde' tha on&- to lour-lamHy progr.m. 01 the NaUonnl Houalng Act which provide lor par10dlc Mol1gaga Insurance Premium payments,
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<br />Paoo101.
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<br />Form HUD lI21.3 DT 110-a7 Edillonl
<br />,"CFR 203 11(1'
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