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<br />s.... or Nebraka <br /> <br />Deed of Trust <br /> <br />0933752 7 <br />239000 <br /> <br />1"'~rI276281 748 <br /> <br />88- 106206 <br /> <br />11* Deed alTNol ("Security Instrument") is nwIe on November 16th <br />19 88 . The_is Larry L. Chitty and Lynnette R Chitty, <br /> <br />Co_ercial Federal Savings <;1I.\r'L~rJ' 'lIlfs~~ion <br />Commercial Federal Mortgage Corporation <br />Nebraska <br /> <br />husband and wi fe <br /> <br />2120 South 72nd Street <br /> <br />, and wl1ose'lIddras is <br />Omaha Nebraska 68124 <br /> <br />("Truslee"). The beneficiary is <br />,which is oflllOimI and exisling <br /> <br />uodcr !be laws of <br /> <br />("Lender"). <br /> <br />~ Tbl;lthe Borrower in oonsidmtion (If !be debt and lIUSt hereinafter descnbed and created, and the sum or One Dollar ($1), to <br />bim in band paid by the T....... the ra:eipt of wbich is hereby acltoowledpl, does by these preseuts gran~ barpin and sell. convey and <br />c:onfirm, unto !be TIU5lee in trust, with power of 5IIe, forever. all of the roDowing described real estate. situated lying and being in tbe County of <br />Hsll , and Slate of Nebruka, to wit <br /> <br />Lot Thirty Five (35). in Sass Second Subdivision, located in <br />Section Fourteen (14) Township Eleven (11) North, Range <br />Nine (9) West of the 6th P,M. Hall County, Nebraska. <br /> <br />wbidl boa the oddn:ss of <br />68801 <br /> <br />3215 E Gregory (...... <br /> <br />Grapd Island <br /> <br />(Oll'l <br /> <br />Nebnsb. <br /> <br />(ZlpCodoI <br /> <br />("Propeny Address"); <br /> <br />To Ra", .... To Hold the premises above desaibed, with all the appurtenances thereunto belonging and including all beating. plumbing and <br />IiPtin8 Iixtwes and equipment now-or hereafter allIl:bed to or used in connection with said real eslIte unto the Truslee, and to ilS successors <br />and ISSips, fmever. The Borrower represeulllO, and convenants With. the TIUSlee, that the Borrower has good right to sell and convey said <br />praniIes; that they .... fr<e from eocumbrance; and that !be Borrower will wUlant and defend the same lIpinst the lawful claims of all perso.. <br />wIIomaoever; and !be said Borrower hereby nlIioquisbes all righll of bomestead, and all marital rights, either_ in law or in equity, and all other <br />CODIiD&ent iotcresII of!be Bonnwer in and to !be above-descnbed premises, and intention being 10 convey bereby an absolute tid.. in rce simpl.. <br />iodlllliDB oil rigbII ofbomesteld, and otber rigb1s and intereSlll IS aforesaid. <br /> <br />Pro....... Ahr8yI. and these pICSelIlS.... executed and delivered unto the Trustee, in trust, however for !be followins purpos:s: <br /> <br />w-.-!be Bonower DO !be 16th , day of November , 19 88. borrowed from the Lender <br />!be sum of THIRTY SIX THOUSAND SIX HUNDRED FIFTY and 00/100 <br />DoIIan($ 36650.00 ),rorwhich <br />sum !be Bonower ....~ ~cJt~ to the Lender Bonower's promisso!Y note of even date. bearillll <br />iotaestof!be.... of an :lU/IOOOperc:entum I If. 650 \1,) per annum on the unpaid balance until paid. <br />The said principal and interest shaD be payable.. !be ofIice or COlDIDercial Federal Mortgage Corporation <br /> <br />in (Aabs - Nebraska ,or atsucll other pIaa: as the holder of the nDle <br />may desipste in writiq, in monthly iostalli!IenlS of TWO HUNDRED NINETY and 16/100 <br />Dollar.! (S 290. 16 l. commencins on the lir.st day of Janus ry <br />19 89, and DO !be lir.st day of r:odllllOllth tbereafter until !be principal and interest.... fully paid. """'pi that tbe final payment of principal <br />and i!I-. ifooc soooer po;d,shaD be d"" and payable 011 the lir.st day of December <br />20 II'. <br /> <br />T111110nn '" _ In con_on wllll mongog.. inau.... under the one-IO four-family programa of Ibe Nallonol Houalng Ad (Including <br />SeetIona 203(11) IlIId (ijl whleh require a 0..... Time Mortgage Insuranee Premium paymant In accordance with thl regulation. for thaN <br />programa. <br /> <br />"-' 015 <br /> <br />Ionn H~I' (_edition) <br />24 CFR'idl!ltlal J -" , <br />T;/C-240 (qcl :IC~I d/1l3 <br /> <br />I I <br />