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<br />SIll. ol.Hebrllkl <br /> <br />88- 105110 <br />Deed of Trust <br /> <br />6 -1-20 <br />P'HA c....... <br /> <br />321-1266747729 <br /> <br />nil IJrIoH 0' Trait, (IISecurity lostrum"cnt") is made on September 2 L <br />19 BB . The lruslor i.. Clay K. IiBgman and Liaa M. IiBgman, husband and wife, jointly <br />..>uuI...ARcl1_Ut ~.ovn right, ("Borrower"). Thel'u"" is FIRST FEDERAL SAVINGS AND LOAN <br />ASSI...JC'1A'l'1l:JN- UY- Lrm.'ULN" ("Trustee"). The beneficiary 15 <br />FIRST FEDERAL SAVINGS AND. LOAN ASSOCIATION OF LINCOLN . which is o,gonized and exisdng <br />under lhe laws or The Uni ted States of America . and whose address is 1235 "N" Street, Lincoln, <br />Nebraeka 68508 ("Lender"). <br /> <br />Wit......: Thai (he Borrower in consideration of the debt and trust hereinafter described and crealed, and the sum of On~ Dollar <br />(51). to him in hand paid by the Trustee. the receipt or which is hereby acknowledged. does by these presei1l5 grant, bargain and sell. <br />convey and confirm, unlo the Trustee. forever. all or the following described real estate, situated lying and being in the County of <br />9 and Stille of Nebraska. 10 wit: <br /> <br />Hall <br /> <br />The East One Hundred Two Feet of Block Sixteen. Koehler Subdivision, located <br />on part of the Southeast Quarter of the Southwest Quarter and Part of Lot <br />Fourteen of the County Subdivision of the West Half of the Southwest Quarter <br />all in Section Fifteen, Township Eleven, North, Range Nine West of the 6th <br />P.H.. Hall County, Nebraska <br /> <br />which has .he addrm of 126 Eas t Bismark Road <br /> <br />Grand Island <br /> <br />I'll" <br /> <br />Nebraska <br /> <br />66801 <br /> <br />("Property Address"); <br /> <br />IlIroCodrl <br /> <br />To Hne ami To Hold the premises abo~c: described, with all Ihe appurtenances thcreumo belonging and including all healing, <br />plumbing and lighting fixtures and equipment now or hereafter allached to or used in conneclion with said real estate UArO the <br />Trustee, and to ilS successors and assigns, fore~er. The Borrower represents 10, and covenants with. the Trustee. that the Borrower <br />has good right to sell and convey said premises; thai Ihey are free from encumbrance; and that Ihe Borrower will warrant and defend <br />the same against the lawful claims of all persons whomsoever; and Ihe said Borrower hereby relinquishes all righlS of homestead. and <br />all marital rights, either in law or in equity, and all other contingent intereSls of the Borrower in and to the above-described premises. <br />the intention being 10 convey hereby an absolute title, in fee simple, induding all rights of homestead, and olher rights and intereslS <br />25 aforesaid. <br />Pro"idHi Alwa,., and these presents are executed and delivered unto Ihe Trustee, in trust, however for the following purposes: <br />Wherc:u, Ihe Borrower on the 21st ,day of September , 1988 . borrowed from the Lender <br />the sum of Forty One Thousand Nine Hundred and no/lOO <br />Dollars (S 41900.00 ), far which <br />sum the Borrower has e:\ecuted and delivered 10 the Lender Borrower's promissory note of even date, bearing <br />interest althe rate of Eight and ThreepttouIJttIm( 89750 O'fo) per annuftron the unpaid balance unlil paid. <br />The said principal ond interest shall h<: payable II .he office of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF <br />LINCOLN <br />in Lincoln, Nebraska , or at such olher place as the holder of the no Ie <br />may designale in writing. in monthly installmeRls of Three Hundred Twenty Nine and 6':5/100 <br />Dollars ($ 3299 6~ ). commencing on the first aay of N ber . <br />19 8B' and on the first day of each monlti thereafter untillhe principal and inleresl arc fully paid, except thai t1i2YffilPl payment of <br />prinCipal and interesl, if not sooner paid. shall be due and payable on Ihe firsl day of October <br />20 18. **nSee Adjustable Rate Riderll <br /> <br />This form is used in connection with mortgages Insured under the one. to four-family programs of the National Housing Acl which pro. <br />vide lor periodic MortQage Insurance Prem!um payments. <br /> <br />Page' ot'5 <br /> <br />Form HUD-92143-DT 110-81 Edi1ionl <br />2"CFR 203.17(81 <br />