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<br />r J
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<br />State of Nebreska
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<br />..J
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<br />Deed of Trust
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<br />FHA Clla No,
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<br />321-1271513-203
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<br />nil Deed or TraIt, ('"Security Instrument") Is made on SeptBIber 8th
<br />1988 . The trustor I. DAVID W, IO:2t\K and IEBRA J, 1O:2t\K, Husband and Wife,
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<br />88- 104932
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<br />("Borrower"). The trustee is Il\WiFRS TInE INSI.JRAR:E <X'RPCRAT1CN
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<br />('"Trustee"). The beneficiary Is
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<br />CENIRAL MJR:IGAGE <XllPC.IlATI(loI
<br />under the laws of the State of Michigan I and whose address is
<br />36000 Gratiot, Mt. ClBlEILS, Michigan 480'.3
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<br />. which is organized and existing
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<br />("Lender"),
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<br />Wltaeaeth: That the Borrower in consideration of the debt and trust hereinaFter described and created, and the sum of One Dollar
<br />($1). to him in hand paid by the Trustee. the receipt of which lS hereby acknowledged. docs by these presents grant. bargain and sell, convey
<br />and confmn, unto the Trustee. forever, all of the following described real estate, situated lying and being in the County of
<br />Hall . and Stale of Nebraska, to wit:
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<br />Lot Sixteen (16), Block Three (3), in Lake Davis /v;res SUbdivision,
<br />Hall County, Nebraska.
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<br />which has the address of ~ 710 Calvin Drive
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<br />Grand Island
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<br />Iltre.1I
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<br />IcllYl
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<br />Nebraska
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<br />68B01
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<br />("Propeny Address");
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<br />lZip CocHI
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<br />To Hive ad To Hold the premises above described, with all the appunenances thereunto belonsing and includluS all heatins, plumbinS
<br />and lightins fIXtures and equipment now or hereafter attached to or used in connection with said real estale unto llIe Trustee, and 10 its
<br />successors and uligns, forever. The Borrower represents to, and covenants with, the Trustee, that the Borrower has good right to sell and
<br />convey said prcm.isesj that they are free from encumbrance; and that the Borrower will warrant Bnd defend llIe same agBinst the lawful
<br />claims of all persons whomsoever; and the said Borrower hereby relinquishes all righll of homcstead, and all marital rights, either in law
<br />. or in equity. and aU other contiogentlnterests of the Borrower in and to the above-d,escribed premises, tbc intention being to convey hereby
<br />an absolute title, in fee simple, including all rights of homestead, and olller rigbu and interests as aforesaid.
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<br />ProYlded AI...)'., and these presents arc execUled and delivered unlo thc Trustee. in trust, howevcr for the followIng purposes:
<br />WIIereu. the Borrower on the 8th , day of Septmber , 1988 , borrowed from the Lender
<br />the.um or sixty Five Thousand Ole limdred Fifty and No/lOOths-----------------------------------
<br />------------------------------------------------DolIsr. ($ 65,150,00 ), for which
<br />sum the Borrower has executed and detlvcrcd to lhe Lender Borrower's promissory notc of even date. beanns interest at the rate of
<br />Ten per centum (10.0 ~) per annum on the unpaid balance untU
<br />poid, Th.said principal and inl....' ,hall be pay.ble Bllho om.. 01
<br />CENIRAL !DnGI\lE aJlPlllATIlIoI
<br />in 36000 Gratiot, Mt, Clemens, HI 480'.3
<br />may designate in writing, in monthly installments of
<br />
<br />I or al such other place Wi the holder of the note
<br />Five limdred Seventy Ole and 74/100ths- - - -- - - - - - - - - -- - - n_
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<br />Dollars (5 571.74 ), commencing on the first day of Noveober , 1988 I and on the first day
<br />of each month thereafter until the principal and imerest are Cully paid. except that the final payment of principal and interest. if not sooner
<br />paid, shall be due iUld payablc on the rinl day of October , 20 18
<br />Thit form la uud in conneclkln with mortgages Inaww::l unci., 1M OM-to fOUf"amitv programs at thl National Houllng Act !Including Secllons 2031bl Ind 1111 which
<br />,.qun . OM-TimII Mortgage lMUtancl PtM\lum paymMlt in acCordancll with 1M raguIatIonI for thaN program..
<br />__.cINE) __ YMP MORTG.GE FO~'~3:3j41J~.BIOO. (8001621-7291 ~O.ttF~~r:;f~~:'OT.1 13.88 Edltlonl
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