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State 01 Nebraaka 88_105116 Deed of Trust FHAC...No, 321 -1266218-748 b ThIll Do<d of Tnul (''Security Instrument") is made on September 21 19 88 . The trustor is 8ryan D. Fiala and Jeanna M. Fiala, Husband and Wife ("Borrnwer"). The trustee is Canmercial Federal Savings and Loan ("Trustee"). The beneficiary is Loan Association of Grand Island I which is organized and existing . and whose eddress is 221 South Locust Association Home Federal Savings and under the Ilws a[ Nebraska 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). to him in hand paid by the Trustee. the receipt of which is hereby acknowledged, does by these presents granl, bargain and sell, convey and wofinn, unlo lIIc Trustee in trust. with power of sale. forever, aU of the fonowing described real estate. situated lying aod being in the County of Hall . and Stale ot Nebraska, '0 wit Lot Two (2), in Capital Heights Seventh Subdivision, Hall County, Nebraska. Tre rider to the mortgage attached hereto and executed of even date herewith is incorporated herein and the covenants and agreements of the rider shall amend and supplement the covenants and agreements of this mortgage. "THIS IS A PURCHASE MONEY MORTGAGE" whieh has the address o[ 4249 Arizona (streelJ Grand Island Icily) Nehraska 68803 (Zip Code) ("Property Address"l; To Have and To Hold the premises above described. with all the appurtena.nces thereunto belonging and including all heating. plumbing and lighting fixtureS and equipment now or hereafter attached to or used in connection with said real estate unto the Trustee, and to its successors and assigns. forever. The Borrower represents to, and convenllDts with, the Trustee. that the Borrower has good right to sell and convey said premises; that they arc free from encumbrance; and that the Borrower will warrant and dcrend the same against the hlWful claims of all persons wbomsoever, and the said Borrower hereby relinquisbes all rights of homestead. and all marital rights, either in Jawor in equity, and aU otber contingent interests of the Borrower in and to the above-dcsaibed premises, and intention being to convey hereby an absolute title, in fee simple, including all rights of homc:scead, and other rigbts and interests as aforesaid. Provided Alw.ys, and these presents are exccUl.ed and delivered unto the Trustee, in trust, however for the following purposes: Wbereu, the Borrower on the 21 ,day o[ September ,19 88 . borrowed [ram the Lender thesuma[ Forty Nine Thousand Seven Hundred Fifty and no/100---------------------------- _________________________________ Dollars ($ 49,7S0.00 ), for which sum the Borrower has executed and delivered to the Lender Borrower's promissory note of even date, bearing iaterest o[the rale o[ eight & s~1\lillr~~~nll"r cenlum ( 8.65 'II) per annum on the unpeid halance until peid. The said principal and inlerc:s1 shall be payable at the office of Home Federal Savings and Loan Association of Grand Island in Grand Island, Nebraska . or at such other place as the holder of the nnle may desigaalc in writing, in monthly installments of Three Hundred Ninety Three and 87/100-------------- ____n______ Dollars ($ 393.87 ), commeacing on the firsl day o[ November 19 Seand on the first day of acta month thereafter until the principal and interest are fully paid. except thai the final payment of principal and interest, if not sooner paid. ,hall be due end peyeble on 'he fir.;' day or October 20 16 This form IIlI used In connection with mortgages Insured under the one~ to four.famlly programs of the National Housing Act (including Sections 203(b) and (I)) which require a One-Time Mortgage lnsursnce Premium payment in accordance with the regulations for those programs. Page' 015 form HUll-g2143.DT.1 (3-88 edition) 24 CFR 203.17(0)