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State 01 Nebraska 88- 105994 Deed of Trust FMAC...No. 321-12B1323-74B (b) 'Dds Deed ofTrusI ("Security Instrument") is made on November 7 19 BB.ThelrUstor~ Jack L, Cramer and Diana L. Cramer, Husband and ("Borrower"), The trustee is Arend R. Wife Baack ("Trustee"). The beneficiary is . which is organized and existing South Locust ("Lender"). Home Federal Savings and Loan Association of Grand Island under the laws of Nebraska . and whose addrcs.s is 221 Grand Island, Nebraska Wilneselh: lbac th~ Borrower in consideration of the debt and trust hereinafter descnbed and created, and the sum of One Dollar ($ I). to him in band paid by the Trustee., the receipt of which is hereby acknowledged. does by these presents grant., bargain .and sell. convey and confirm, unto the Trmtee in trust, with power of sale, forever. aU of the following described real estate. situated lying and being in the County of Hall . and State of Nebraska, 10 wit: Lot Two (2), in Block Nine (g), in Wiebe's Addition to the City of Grand Island Hall County, Nebraska. The rider to the mortgage attached hereto and executed of even date herewith is incorp- orated herein and the covenants and agreements of the rider shall amend and supplement the covenants and agreements of this mortgage. "THIS IS A PURCHASE MONEY MORTGAGE" which has the address of 6D9 u.est John '''''''I Grand Island ltll)'! Nebraska 6BBD1 (ZipCodcl ("Propeny Address"); To Have IIDd To Hold the premises above described. with all the appurtenances thereunto belonging and including all healing, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Trustee.. and to its successors and assigns, forever. The Borrower represents la, and convenants with. the Trustee, that the Borrower has good right 10 sell and convey said premises; that they are free from encumbrance; and that the Borro\\oer will warrant and defend the same against lIIc lawful claims of all persons whomsoever; and the said Borrower hereby relinquishes all rights of homestead, and all marital rights, either in law or in equity, and all other contingent interests orlhe Borrower in and to the above-describcd premises, and intention being to convey hereby an absolute title. in fee simple. including all rights of homc;tead, and other rights and interests as aforesaid. Provided Always, and these presents are executed and delilJcred unlo the Trustee. in trust. howelJer for the following purposes: WheI1!llS, the Borrower on the 7th ,day nl November ,19 BB ,borrowed lrom the Lender !be sum 01 Twenty Seven Thousand Eight Hundred Fifty and nO/1DD------------------n-_ Dollars ($ 27,8SD.DD ), lor which surd the Borrower has executed and delivered to the Lender Borrower's promissory note of even dale, bearing in~ of the- Rlto of ten &: one/half pc:rccntum ( 10.5 %) per annum on the- unpAid balance unlil paid. The said principal and inlmSl sball be payable aI the office 01 Home Federal Sav ings and Loan Association of Grand Island, 221 south Locust in Grand Island ,or al such other place as the holder of the nole may designate in writing, in mon!bly inslallmenlS nl Two Hundred Fifty Four and 7S/1 DD-------------__________ ------------- Dollarsl$ 254.75 ),commencingonthefirstdayol January 19 89md on the first day or each month Ihereafu:r untillhe principal and interest are fully paid. excepllhat the final payment of principal and intam, if nol sooner paid, shall be due and payable on the fiBI day of de c e m 0 e r 20 4B This form Is used In connection with mortgages Insured under the one- to four-family programs of the Nallonal Housing Act (Including Seellons 203(b) and (I)) which require a One-Time Mortgage Insurance Premium payment In accordance with the regulations for Ihose programs. ;~i.i . ~.g.~~L' J;) I form HUo.V2143.DT.1 (3-88 edition) 24 CFR 200.17{a'