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State 01 Nebraska 88- 105365 Deed of Trust l;;; ~'i?;49~~7~8.,J~LJ ThIs Dftd of Trma ("Security Instrument.) is made on October 3 19 88, The lrustor is Gerald 8. Collingsworth and Vida L. Collingsworth, Husband and Wife ("Borrower"). The trustee IS Arend R. Baack ("Trustee"). The benc(idary is . which is organized and existing ,and whose add"", is 221 South Locust Loan Association of Grand Island Home Federal Sav ings and under the laws of Nebraska Grand Island, Nebraska ("Lender"). WJtnegftb: Thai the Borrower in oonsidcration of the debt and InlSl 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 present" Giant, bargain and sell. convey and OOl1fum, unlo lhe Trustee in trust, with power of sale. forever, all of the following described real eslnte. situated lying and being in the County of , and Stale of Nebraska. to wit Hall East Half The Southerly Fifty Three (53) Feetl.of the West Half (W~!l of Lot One (1) and the Southerly Fifty Six (56) Feet of lLot One (1), 810ck four (4), in Charles Wasmer's Addition to the City of Grand Island, Hall County. Nebraska. subject to an easement granted in a Warranty Deed recorded in Book 131. Page 613 of the Deed Records of Hall County, Nebraska. The rider to the mortgage attached hereto and executed of even date herewith is incorp- orat.ed 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" winch has lhe oddo:ss of Nebmka 68803 ll.lpC",1dc1 1 08 SouthL~gan ("Property Addr~\"l; ICI~1 Grand IsIJnd To HaY!! aad To Hold lhc: pn:nuso abo\!e dc:scnbed. W1th all the appurtcmnl%5 thereunto bc:longmg Itnd including all heating. plumbing and li(l:hting flllurt5 and cquipmenl now or hereafte:r attlched 10 or used In conneaion wilh said real estate unto the: Trustee. and 10 its 5UCCCSS01'5 and assians. (orever. The Borrower represelu5 to, and conve:nants with, the: Truslee, thatlhe Borrower has good right 10 sell and convcy said praniIcs; Ir.at the)' &n:' free from encumbr.nce; and that lhe Borrower will warrant and defend the same against the lawful claims of aU person~ wbomsoeva'; and the Slid Borrowa'" hcretry relinquisbc:s all rq;hts of homc:st.cad. and all marital rights, either in law or in equity. and all olltcr cnnURF"1 anler1::sU of the Bono...n tn and to the IIbove-dc!icribed premises. and inlcntion being 10 convey hereby an .bsolulC lille. in fee simple. iDcIudina.1I ",hI!. of homotcad. and other nghls and inlC'resl5 as afol'e'iald. PnnidM ......,.. and lbc:x procnb are Cla..-Uted and deJivered unlo the Truslcc, in trust however for the following purposes: WIItrna, the Borrower on thr 3rd . day (If October ,19 88 . borrowed from Ihe Lender lhe ",m of Thirty thousand Seven Hundred Fifty and no/1 00----------------------------. ____________.__________._.___________ DoIIanIS 30,750.00 ). for whIch sum the Borrower Iw executed and de:hvcn:d to lhe Lender Borrower's promissory nole of even date. beanng inlcTc5l ollhe rale of Ten &. Dne/ha 1 f per COllum I 10.5 '{,) per annum on the unpaid balance until paid. T'he saicl principal and mlen5l !ohall be payable at the office of Home Federal Savings and Loan Association of Grand Island, 221 South Locust in Grand Island. Nebraska ' or .1 .uch other place "" lhe holder of Ihe nole may de5i&nal< In writilllo In ",,",Oily ,nsuJlmenlSol Two Hundred Eighty One and 28/100--------------- ________________ DoIIan (S 281.28 ), commencing on lhe firs! day 01 December 1968 . and on the tint day of each month tbcn:afi.er until the principaJ and interes1 are fully paid. except thallhe final paymenl of principal and imen:st. if nol sooner paid.. shall be due and payable: on the fi1'Sl. day of November 20 18 This form II uHd In connection with mortgages Insured under the one- to tour.famlly programs ollhe Na110nal Housing ~ct (inCludmg Sections 203(b) and flU which require a One-Time Mortgage insurance Premium payment m accordance Wllh 1he regulations for those programs.. r}~;\~t5 lorm HUD-1I2143.0T,1 (3-88 edition) 20 CFR ~ 17(0'