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State of Nebraska 88- 105752 Deed of Trust 0933719-0 239000 I '"'~n~ 272321-748 ~ Deed arT.... ("Securily Insuumenl'1 is made an October 26th 19 88 . The trustor is Larry L. Trobough and Gail M. Trobough. husband and wife Coanerclal Federal Savings k~OS~~~)'~;~I:t~on Coanercial Federal Mortgap;e Corporation undcrthclawsoC Nebraska . and whosc addrcss is 2120 South 72nd Street Omaha Nebraska 68124 ("T",,"'"), The beneficiary is . which is organized and existing ("Lender"), WJtmaetb: That the Borrower in amsidcration ofltlc debt and tM. hereinafter described and created, and the sum of One Dollar ($1), to bim in band poid by the TI1IS1ee, the receipt af which is hen:by acknOWledged. does hy these p....nlS gtlIa~ bargain and sell, canvey aad confirm. unto the Truslce in trust. with power of sale. forever, all of the roUawing described real estate, situated lying and being in the County of Hall I and Slate of Nebraska. to wit: Tbe Soutberly One-Half (SI/2) of Lots One (I) and Two (2), in Block Twelve (12). in Arnold and Abboct's Addition to the City of Grand Island t Hall County t Nebraska which baa the address of 31 B N Greenwlchl~f Grana Island lalyl Nebraska 68801 (ZlpCadeI ("Property Address"); To lIIYe aad To Hold the premises above descnbcd, with all the appunenances thereunlo belonging and including all heating, plumbing and UabtinB fixtures and equipment now or hereafter attached to or used in connection wilh said real estate unto the Trustee. and to ils SUCCCS501"5 aod assipIs, f"",..r. The Ilonower reprosen.. 10. and conv...... with, the Trustee, lhat 1he Borrower has good riRhllo sell and convey said premises; that tbey are free from encumbrance; and that the Borrower will warrant and defend the same against the I-wful claims of all persons whom!oevet; and the said Borrower hereby rdioquishes all nahlS of hamestead, and all marilal riRhlS, either in law ar in equity, aad all olher contingent inten5b of the Borrower in and to the above-described premises. and intention being to convey hereby an absolute title. in fee simple. iocludiog all righ.. of homostead, and other nah.. aad inte..... as afaresaid. Pruvldod """'yw, and .- preselllS at!! executed and delivered nnlo the TlUSlCe. in lrusl, however ror Ihe rollowinR PUlpooe$: Wberno,1heBorroweranthe 26th ,day of October ,19 8B ,borrowedfrom Ihe Lender lbesumaf TWENTY FOUR THOU SAN 0 EIGHT HUNDRED and 00/100 Doll... (S 24, BOO. 00 ), for which sum lhe Bonower has executcd and delivered lO the Lender Borrower's promissory nole of even date. bearing interestof1he _of EIGHT and 650/1000 percen'um ( 8.650 %) per annum an the unpaid balance until paid. 1besaid priocipal aad int.eres1 shall be payable lithe office of Commercial Federal Mortgage Corporat ion in Omaha I Nebraska . or at such olher place as the holder oflhe note may desipate in wriling, in monthly illStallmenlS af ONE HUNDRED NINETY SIX and 34/100 Dollars (S 196.34 l, commencing on the firs' day or Decembe r 19 B8, aod on 1he fim day of each month then:ofter until the principal and interest are fully paid. except thaI 'he final paymenl ar principal and intereSl, if not "","er paid, sban be due and payable an the first day of Novembe r 20 16. This form il uMd In connection with mort;agn Inlured under the one- to four-family programs ollhe NaUonal Housing Act (Including Section. 203{b) and (I)) which requIre a One-Time Mortgage Inaurance Premium payment in accordance with the regulations far those programs. Page 1 ot 5 , , 'J _ ,_ loon HU\Io82143-DT.1 (3-88 edition) 24 CFR 203,17(e) r:1C-24U (qc) :;~.1 J/tl3 L ~