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88- 104501 State 01 Nebraska Deed of Trust ~-~---~ FHA c... ND. 321-1260533-7o~ (b) This Deed of Trust ("Security Instrument") is madc on Au ust 15 19 BB. The trustor is ~arlan G. Schriner and ~olleen M. Schriner Husband and W1 fe ("Borrower"). The trustee is Arend R. Baack ____________________________n_____u_________________________u ("Trustee"). The beneficiary is Home Federal Savings and Loan Association of Grand Island . which is organized and cxisting under the laws of Nebraska . and whose address is 221 South Locust Grand Island, Nebraska ("lender"). Witnesseth: That the Borrower in consideration of the debt Bnd trust hereinafter described and created, and the sum of One Dollar ($1). 10 him in hand paid by the Trustee, the receipt of which is hcreby acknowledged. docs by these presents gran~ bargain aod sell. convey and confirm. unto the Trustee in trust. with power of sale. forever, all of the following described real estate, situated lying and being in the County of HALL , and State of Ncbraska, to wit Lot Nine (9), Block Two (2), in Pleasant View Addition to the City of Grand Island Hall County, Nebraska. The rider to the mortgage attached hereto and executed of even date herewith is incorporat2d herein and the covenants and agreements of the rider shall amend and supplement the covenants and agreements of this mortgage. which has the address of THIS IS A PURCHASE MONEY MORTGAGE" B34 East ok,l.iIDoma Grand Island (al,1 Nehraska 68801 'Zip fudtl ("Propeny Address"); To Have and To Hold thc premises above described. with all the appunenances thereunto belonging and including all heating. plumhing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Trustee. and 10 its successor:. and assigns. forever. The Borrower represents to, and convenants with. the Truslee. that the Borrower has good righl to sell and convey said premises; thai they arc free from encumbrance; and thai the Borrower will warranl and defend the same againsllhe lawful claims of all persons whomsoever; and the said Borrower hereby relinquishes all rights of homcslCad. and a\l marital rights. either in law or in equity. and all other conlingent inlerests of the Borrower in and to the above-dcscribed premises. and intention being 10 convey hereby an absolule title. in fee simple. including all rights of homcslCad, and other rights and interests as aforesaid. Provided Alway.. and these presents are cxcculed and delivered unto the Trustee. in trusl. however (or the following purposes: Wbereas, thc Borrower on the 15 . day of August .19 BB . borro".>.! from lhe Lender the sum of Fifty One Thousand Eight Hundre~ and no/1oo-----------------------n-----li- n____n__________u-:___________ Dolla" ( 51,Boo.00 .. for w Ich sum the Borrower has executed and delivered to the Lender Borrower's promISSOry note or e\'cn dale. belnng interest ofthe rale ofT en and One -Hal f per cenlum I 1 0 . 50 %) per annum on thc unpaid b.,lancc until pall!. Thesaidprincipalandintercstshallbepayableatlhcofficeof Home Federal Savings and Loan Association of Grand Island, 221 South Locust in Grand Island, Nebraska ,or a' such other place as the holder of the note may designatc in writing, in monthly installments of Four Hundred Seventy Three and 83/1oo--n-n------ n_n________ DollaJs(S 473.B3 ).commcncmgon the fi"tday of October 19 BSand on the fi"t day of each monlh thereafter until the prinCIpal and interest are fully paid. excepl that the final payment of principal and intcrcs~ if not sooner paid, shall be due and payable on the fi"t day of September 20 1B. This form Is used In connection with mortgages Insured under the one- to four-family programs of the National Housing Act (including Sections 203(b) and (In which require 8 One-Time Mortgage Insurance Premium payment in accordance with the regulations for those programs. Page' 01 5 fonn HUQ.92143.DT.1 (3-66 edition) 24 eFR 203.17(0)