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Stale of Nebraska 88- 105786 Deed of Trust 0933735-2 239000 I FH."'.'" 321-12733l0-703 r 11111 Deed oI"Trusl ("Security Instrument") ~ made on October 27th 19 88 . Thctrustoris Daniel Martinez, a single person ("Bonower"). The trus... ~ Commercial Federal Savings and Loan Association C01lDD.ercial Federal Mortgage Corporation under the laws of Nebraska . and whose address is ("Trus.....). The beneficiary ~ . which is orsanized and existing 2120 South 72nd Street Omaha Nebraska 6B124 ("Lender"). WIbIesIedc Thallbe Borrower in consideration of the debt and trust hereinafter described and created, and the sum of One Dollar (Sl l. to him in hand paid by the Trustee, the receipt of which is hereby acknowledged. does by these presents grant, bargain and sell. convey and amfinn, unto the Trustee in trust, with power of sale, forever. all of the following descnlJed real estate. situated lying and being in Ihe County of Hall ,and S.... of Nebraska, 10 wit THE lIESTERLY ONE HUNDRED FORTY EIGHT (148) FEET OF THE NORTH FIFTY FIVE (55) FEET OF THE SOUTH ONE HUNDRED TEN (110) FEET OF 8LOCK FOUR (4), OF KOEHLER SU8DIVISION IN GRAND ISLAND, HALL COUNTY, NEBRASKA BEING A PART OF THE SOUTHEAST QUARTER OF THE SOUTHlIEST QUARTER (SEl/4 SWl/4) OF SECTION 15, TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6TH P.M. AND PART OF LOT FOURTEEN (14) OF THE COUNTY SUBDIVISION OF THE Wl/Z SWt/4 OF SECTION 15, TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA. which bas lhe add.... of 509 S Vine '''''''' Grand Island Ccily. Nebraska 68801 (lJpCodel ("Propeny Address"); To Have aad To Hold the premises above dcscnbed. with all the appunenances thereunto belonging and including all heating, plumbing and lighting fIXtUreS and equipment now or hereafter attached to or used in connection with said real estate unto the Trustcc. and to its successors and assigns. forever. The Borrower represent! lOt and convenants with. the Trustcc. thai the Borrower has good righl to sell and convey said premises; that they are free from encumbrance; and lhat the Borrower will warrant and defend the same l8ainslthc lawful claims of all peJSOns whomsoever; and the said Borrower hereby relinquishes all rights of homestead. and aU marilal righ15, either in law or in equily, and all other mntingent interests of the Borrower in and to the above.describcd premises. and intention being to convey hereby an absolute lille. in fee simple. iocIudinJ all ri&hts of homestead, and other rights and in..rests as aforesaid. Provided Always. and tbc:se presents are executed and delivered unlo the Trustee, in ln1Sl. bowever (or the (ollowing purposes: WhenII, lhe Bonoweron Ihe 27th ,day or October ,19 88 . bellOwed from Ihe Lender lhe sum of TllENTY TWO THOUSAND and 00/100 DollalS(S, 22,000.00 ),forwhich sum the Borrower lw executed and delivered to the Lender Borrower's promissory note ~f even dale. bearing _ oflhe ra.. of EIGHT and 650/1000 per ccatum ( 8.650 %) per annum on the unpaid balance until paid. l'hc: said principal and intcrc5t shall be payable at the office of Comme rcial Federal Mortgage Corporat ion in Omaha, Nebraska . or at such other place as the holder oCthe nole may cJesi&nate in writins. in monthly insWlments of ONE HUNDRED SEVENTY FOUR and 18/100 DoIIaB (S 174.18 ). commencing on the filSl day or December 19 88 ,and on lhe first day of each month lhereafter untillhe principal and inleresl are fully paid. excepl thaI Ihe final payment of principal and inU:re51, if not sooner paid, shall be due and payable on the firsl day of Novembe r 20 l6 . Thll form II used In connection with mon;II;.. Inlured under the one- to four.famlly program, oHhe National Housing Act (including Sectlon. 203(b~ and (I)) which require a One-Time Mongaga Insurance Premium payment in accordance with the regulations for those programs. Pig, 1 of 5 ., lonn HUIl-IlZ143-DT.1 (3,88 edition I 24 CFR 203.17(a) T.IC-240 (qc) :;~,I J/UJ J