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Slate of Nebraska Deed of Trust 88-1 O!ifi~7 0933683 239000 I "'.e........ HI 1272662 748 lhb DmI oITnaa ("Security Insnument");, made on Dc tober 14c h 19 88, The lrUSlOf;, David L, Hnnsen and ConnIe K Hansen, Commercial Federal SavingB("~~t~:)n ~~cr:tlon Commercial Federal Mortgage Corporation Nebraska husband and wife ("1"="). The beneficiary ;, . which is organized and existing under tbe laws of 2120 South 72nd jitreet . and whose address ~ Omsha Nebraska 68124 ("Lendor"), ~ That tbe Borrower in oonsidentionnftbe debt and tnISI hereinafter described and crealed. and the ,urn of One Dollar (SIl. to him in Iwld poid by tbe Trustee, tbe receipt of which ;, hereby acknowledged. does by Ihese pre<el1ls gnn~ bargain and sell, conYey and mnf'um. unto the Trustee in Ul1St, with power of sale. forever. aU of lhe followio8 described real estale. situated lying and being in the County of Hall . and Stale of Nebmka, 10 wit Lot Twenty Three (23) Block One (1) Sothman Subdivision in the City uf Grand Island. Hall County ~~L>brasltil. _bastbeaddreaof 68803 907 S Lincoln ,...... Gquid Is land laI)'1 Nebrub {Zip Codel ("Propeny Address"); To Ibn ... To Hold tbe pn:mi>cs aIxm: de:lcnbed. with all tbe appurtenances then:unlo belonging and including all heating, plumbing and liabtin& finurcs and cqwpmcIlt oow or bereafter anachcd to or used in connection willi said real estale unto the Trustee. and to iLS successors and assips, forew:r, The IIonower repr<senlS 10, and COllyenants with. tbe Trusl<e. that tbe Borrowor has good right to sell and OOnycy said praniocs; thai they are ftee from ClICUlllbnnce; and thai tbe Borrower will warrant and defend tbe same apinst tbe lawful claims of all pc""" wbomoocYa; and tbe said Bonowe, hereby relinquishes all rilJtts of hom<StCad. and all marital rights, either in law or in equity, and all other COll~t in....... of tbe Bonowcr in and 10 tbe aboye.described promises, and inlClllion bein& 10 COllYCY hereby an ab50lUle title, in fee simple, iodudiDa all ripts of bomesIead, and other ripts and in1crClts as afon:said. Pro.- AIWQI. and the:le pn:sents an: em:ulal and delivered Un10 tbe Trustee, in lrUSl, however for tbe followinl PUIJlO5C': __tbeBorroWcroutbe 14ch ,dayof October ,19 811 ,borrowedfromthcLcndor tbcsumoC 'FORTY FOUR THOUS~ND ONE ilUNDRED FIFTY .nd 00/100 DolWs (S 44 150.00 ), for which sum tbe IIonowcr bas 'fffllf1I and ~~ j'b'!!l\ Lender Borrower's promis>ory OOIC of CVClI dale, bearing _ oCtbc _of an v'jJerlZlllum ( 8,650 %) per annum on tbe unpaid balance until paId. The 5Iid principallDd mlereSl sball be payable.. Lbe office of Camme rc ia 1 Feder al Mo rtgage Co rpo ra t i'.ln in Omaha. Nebraska . or al such other place as the holder or the note may dcsipalein writing. in monthly instaIlmcnlSof . THREE HUNDRED FORTY NINE and 54/100 DolWs(S ,49,)4 ).ooOllllCllcingontbefirstdayof Decelllber 19 8~ and 01\ tbe lint day of eacb lIIOOIh tbcraf1cr until tbe prin-ipal and inlCl'e<t an: fully paid. except thai the final payment of prinClpal and "t'1F" ifllOUOOllcr paid. sIIaIl be due and payable 01\ tbe lint day of November 20 . Thillonn il UMd in connection wjth mortgagn Insured under the one- to four-family programs 0' the NAtional Houling Act (including Sectiona 203(b) and (I)) which require a One- nme Mortgage Insurance Premium payment in accordance with the regulations fDr those prog- Pagelof5 Ioml HUlH21.q.D'f.l (3-88-1 24 CFA 203, t7(.) TI1C-240 (qc) [lElI 8/88