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<br />StIIte of Nebraska <br /> <br />88- 104908 <br />Deed of Trust <br /> <br />13'2'1'':f~'!;6574-203 b <br /> <br />Loan Association <br />Home Federal Savings <br />under thela... of Nebraska <br />Grand Island, Nebraska <br /> <br />'INs D<od arT..... ("Security Instrument") is made on Septerrber 7 <br />19 88 . The trustor is Michael J. Dvorak and Nancy E. Dvorak, Husband and Wife <br />("Borrower"). Thelrus... is Canmercial Federal Savings and <br />(..Trust....). The beneficiary is <br />and Loan Association of Grand Island ,which is organized and exisling <br />,and whose address is 221 South Locust, <br /> <br />68801 <br /> <br />("Lenden, <br /> <br />WItneaeth: That lite Borrower in consideration of the debt and trust hereinnfler described Bnd created, and the sum of One Dollar ($1). to <br />him in hand paid by Ihe Trustee, the receipt of which is hereby acknowledged, docs by these presents grsn~ bargain Ind son, convey and <br />confirm. unlO lhe Trustee in trust, with power of sale, forever. all of the following described real estate, situated lying and being in the County of <br />Hall , and State of Nebraska. to wit <br /> <br />Lot Eleven (11), in 8lock Two (2), in College Addition to West Lawn, an Addition to <br />the City of Grand Island, Hall County, Nebraska. <br /> <br />The rider to the mortgage attached hereto and executed of even date herewith is <br />incorporated herein and the covenants and agreements of the rider shall amend and <br />supplement the covenants and agreements of this mortgage. <br /> <br />"THIS IS A PURCHASE MONEY MORTGAGE" <br /> <br />which has the address of <br /> <br />2412 North Hus~ <br /> <br />Grand ISlanq.." <br /> <br />Nebrsska <br /> <br />68803 <br /> <br />(ZipCudcl <br /> <br />("Propcny Address"); <br /> <br />To Have and To Hold lhe premises above described. wilh all the appurtenances thereunto belonging and including all heating. plumbing and <br />lighting fixtures and equipment now or hereafter attached to or used in connection with wid real estate unto the Trustee. and 10 its succcssor:s <br />and assigns, forever. The Borrower represents to. and convenants with, me Trusteey that the Borrower has good riShl to sell and convey said <br />premises; that they are free from encumbrance; and thai the Borrower will warrant and defend the same apinsllhe lawful claims of all persons <br />whomsoever. and the said Borrower hereby relinquishes aU rights of homestead, and all marital rights, either in law or in equity, and aU other <br />amtingent interests of the Borrower in and 10 the above-described premises, and intention being to convey hereby an absolute tille, in fee simple. <br />includill8 all righ.. of bomemad, Ind Olber rights and intc..... as aforesaid. <br /> <br />Provided Alwlya. and Ihcsc prcscots arc executed and delivered unlo the Trustee, in trust. however for the following purposes: <br /> <br />w-. the Borrower on II.. 7th ,day of September . 19 88 ' borrowed from lhe Lender <br /> <br />lhcsumol Twenty Four Thousand Eight Hundred and no/loo------------------------------ <br />_____________________________________ Oolla" (5 24,800.00. ), lor which <br />sum the Bonower bas eleculed and delivered to the Lender Borrower's promlSSOry nole of even dale, beanns <br /> <br />io=oflhentcof Eight & 65 hundredffiTmJlUm( <br />The said priI1I:ipaJ and iotcrcs1 shall he paysble at the offi.. 01 <br />Grand Island, 221 South Locust <br />io Grand Island, Nebraska ' or a!Such olher place as Ihc holder of the nole <br />may dcsipalC in writing, in monthly inslllllmcnts 01 One Hundred Ninety Si~ and 34/100----------------- <br />______________ DoIIm(S 196.34 ),commcnCl1180nthefi"llIayoT November <br />19 8eand on the rust day of eoch month thcrcaftcr unlillhc principal and inleresl are lolly poid, cxa:pl thaI the final paymenl of principal <br />and ioll:resl, if DOl 300lICr poid. 5hal1 be d.., 100 poyable on the fim day 01 October <br />20 16. <br /> <br />8.65 l,t,) per annum on the unpaid balance until paid. <br />Home Federal Savings and Loan Association of <br /> <br />Thil fonn Ja Uled In connection with mortgages Insured under the one. to four-family programs of the National Housing Act (Including <br />Sections 203(b) and (I)) which require a One-Time Mortgage Insurance Premium payment in accordance with the regulations for those <br />programs. <br /> <br />p..Q~ 1 bt.~ <br /> <br />'ann HUD-II21013.DT.1 (3-88 edition) <br />24 CFR 203. I 7(8) <br /> <br />.~ <br />