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Deed at Trust ~ 88-- 105645 [- - I'HA e... HI!. 321 -1276629 -703 (b) Slale of Nebruka ThIo Dood ofTIUIl ("Security Instrument-) is made on October 20 19 88. The trustor is Scott O. Hilligas and Corinne S. Hilligas. Husband and Wife ("Borrower"). The trustee is Conrnercial Federal Savings (''Trustcc''). The beneficsary is , which is organized and existing South Locust ("Lender"). and Loan Association Home Federal Sav ings under the laws of Nebraska Grand Island, Nebraska and Loan Associatio~an~;"h~a.1~~s;an~21 W'itDeaeth: 'That the Borrower in oonsidemlion of lhc debt Bnd (rust hereinafl.er described and created, and the 'Sum of One Dollar (SI). 10 him in hand paid by the Trustee. the receipt of which is hereby acknowledged. docs by these presents granl, bargain and sell, convey and confirm. unto the Trustee in trusl, with power of sale.. forever. aU of the following described real estate. situated lying and being in the County of Hall . and Slate of Nebrnska, to wit Lot Two (2). 8lock One (1), in Pleasant View Addition to the City of Grand Island, Hall County, Nebraska. The 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 ~ wbich has the address of "THIS IS A PURCHASE MONEY MffiTGAGE" 710 South Pleas~view Orive Granq.J,sland Nebraska 68801 lZipCudel ("Property Address"): To DaR and To Hold the pmniscs above descnbed. with slllhe appurtcmmco thereunto bclongmg and including all heating, plumbing and lighting finun:s and equipment now or hcrcafter atlached to or used in conn~on willi said real estate unto the Trustee. and to its successor.. and assigns., forever. The Borrower represents to, and convcnants with. the Trustee. thai the Borrower has good righllo sell and convey said premises; that they arc free from encumbrance; and thall.he Borrower will warrant and defend the same against the lawful cbUms of all pcrsom whomsoever. and the said Borrower hereby relinquishes all rights of homestead, and all marital rights, either in law or in equit}'. and all other amtingenl inlcrcSt5 of the Borrower in and to the above-dcscribed premises, and intention being to convey hereby an absolute title, in fee simple. including all rights of homestead. and other rights and interests as aforesaid. PrcMded Alway.. and these pn:scnts arc cxc:culcd and delivered unto the Trustee. in trust. however for the following purposes: Wbaou,the Borrower OJItbe 20. day of October . 19 88 . borrowed from the Lender the ,um of Twenty Eight Thousand. Eight Hundred and no/100-------------------------- Dollars ($ 28,800.00 l. for whIch sum the Borrower has executed and delivered to lhc Lender Borrower's promissory note of even date. bearing intmstoftheratcoeight &: sixty five F_~lum~ 8.65 %)perannum on the unpaidbalancc until paid. Tho said principal and inte,",t shall be payable at tblH\ftI~~t HSome Federal Savings and Loan Association of . Grand Island m Ji~~?~ Is 1 d" Neb sk . or at such other place as the holder of the note may m wn~ In moothl'y.ns'TallmenLs of Two Hundred twenty eight and 01/1 Oo---n------------ ___n___n_n__ DoUars ($ 228.01 ). commenciog on the first day of Oecenber 19 81?am1 OIllbc Iirsl day of each month thcr<after until the princpal and ioterest are fully paid. eX<:eptthat the final payment of principal and intere5\, if not sooner paid. ,ball be due and payable on the first day of November 20 19 This form Is used In connection with mortgages insured under the one~ 10 four-family programs of the National Housing Act (including Sections 203(b) and (i)) which require a One-Time Mortgage Insurance Premium payment in accordance with the regulations for those progr.ms. Page 1 01 5 torm HUD-821U-DT.' (3-88 edition) 24 CFR 203.17(01