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<br />State of Nebraska <br /> <br />88- 105742 <br />Deed of Trust <br /> <br />0933680. <br />331000 <br /> <br />1 ""'~:!'1: 1253272 7~ <br /> <br />'INs Doed oIT..... ("Security InstrUment") ~ made on Oetober 19th <br />19 88.ThelJUS\or~ Bruee L. llsndley snd Rathleen F. Handley, <br /> <br />Commetcial Federal Savings("I~ll.'f~~';JhTIJt.~~tIon <br />Commercial Federal Mortgage Corporation <br />omIertlll: laws of Nebraska ,and whose add.... ~ <br />2120 South 72nd'Street Omaha Nebraska 68124 <br /> <br />husband and wife <br /> <br />("Trustee"). The bcnefidary is <br />. which is organized and existing <br /> <br />("Lender"), <br /> <br />WitDIsIetb: lbat the Borrower in consideralion of the debt and trust hereinafter dcscnDcd and created. and lhc sum of One Dollar (SI " to <br />bim in band paid by till: Trus1OO. till: r=ipl of which ~ hereby acknowle<Js<:d, does by these presonl5 sran~ bargain and sell, convey and <br />confinn. unto the Trustee in tnm. with power of sale, forever9 aU of the following described real estate; situated lying and being in lhe County of <br />Hall I and Stale of Nebraska, to wit: <br /> <br />Lot NIne (9) Bloek Thirty Six (36), in Charles Wasmer s <br />Addition to the City of Grand Island Hall County, <br />Nebraska. <br /> <br />wItidl hu till: _ of <br /> <br />68801 <br /> <br />1508 W John <br /> <br />,_, <br /> <br />Gr,and Island <br /> <br />(cityl <br /> <br />Nebraska <br /> <br />(ZipCoQlcI <br /> <br />("Property Addr="); <br /> <br />To Han .... To Hold till: premUcs above de,cribed. with .11 the appuru:naRlZS tIIl:reunto belonging and including all heating, plumbing .mI <br />Uaiwn& fixtures and equipment now or bereaftcr all1.Ched to or used in connection with said real estate unto the Trusttc. and to ilS successors <br />ami uaigns, forever. The Borrower repreoer1" to, and conyonanl5 with, lIIe Trus1OO. that till: Borrower hu good right to sell and convey said <br />pn:otiocs; that they ue flee from encumbrance; ami that the Borrower will wanant ami defend lIIe same agoi"" till: lawful claiIN of all peBO", <br />w_ amlllle said Borrower hereby relinquishes all risb" of homest<ad. and all marilal risb'" eitlll:r in law or in equity, and .11 other <br />coatiqent intereStS of the Borrower in and 10 the abo~'bed premises, and intention beinl to convey hereby an absolute title. in fee simple. <br />iDcIudinII all risb" of hommead. ami other risb" and in....... .. aforesaid. <br /> <br />......- AIwaya, ami theoe p........ ue excculed ami deliyerod unlO lhe Tn&SIeC. in trus~ however for the following purposes: <br /> <br />_till: BorroWerOlt till: 19th ,day of Oetober ,19 88.borrowedfromtheLcoder <br />till: sum of . FORTY ONE TIIOUSANO SIX HUNORED and 00/100 <br />DoIWs ($ 41 . 600.00 ), for which <br />sum till: Borrower hu ~ ~ ;~YeredclYl till: Lemler Borrower's promWoQ/ no" or even dale, bearing <br />intmal ofthc ralC of sn /10 per a:ntum ( 10.000 %) per annum on the unpaid balance until paid. <br />1lIcsaid prio<:ipal and in...... sha1l be payable at the o.'lice or Comme relal Federal Mortgsge Co rpo ration <br /> <br />ill Omaha I Ne b raska . or at such other place as the holder of the nole <br />may desigtWe in writing, in monthly installmen" of TIIREE llUNOREO SIXTY FIVE and 07/100 <br />DoIWs ($ 365.07 ), commencing on lIIe first day of Oeeember <br />19 ~'lo.t on till: fim day or eodt monlll lhereafler untilllle principal and in...... ue fully paid. excepl thallhe final paymenl or principal <br />ancI in_ if.oUOIt..r paid. sha1l bed.. and payable on till: fi'" day or November <br />20 1.8 <br /> <br />Thll form t. used In connection with mortgages Insured under the one- to four-family programs or the Nellon.' Housing Act (Including <br />section. 203(b) and (I}) which require a One- nme Mortgage Inlurance Premium payment In accordance with the regulations far those <br />progra.... <br /> <br />P.IiI.'~ of 5 <br /> <br />Ionn HUI>>214S-DT.1 (3-88edidon) <br />2. CFR 203. 17(a. <br />TIle-ZAO (qe) lIEU 8/88 <br />