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- SlIde 01 NebnIIka 88-106321 Deed of Trust 0933767-9 I_~:OO 321-1274156-748 11* Doed "'Trull ("Sccuri1y l/ISll'Umenl") is made on November 23rd 19 86 .ThellllSlOr is !.Iarilyn G. Arnold and Robin.K. Arnold, ("Boncwer"). The _ is Federal Savings and Loan Asaociation Federal l-!ortgage Corporation Nebraska ,and whose address is wife and huaband Commercial Commerc ia1 UIIlIer Ihe laws of ("Trustee"). The beneficiary is , which is organiKd and existing 2120 South 72nd Street Omaha Nebraska 68124 ~ That.dIe Borrowor ia CIlII5ideralion of die debt and trust hereinafter described and created, and the sum of One Dollar ($1 ), to him in haDd poid by Ihe Trustee, the ...cpt of which is hereby ackaowledged, does by these presents gran~ baJpin and sd~ convey and alIIlinn, unto Ihe TrusleC in tnISI. wilb power of SIIe, forever, all of the roUowing described real estaIe. situal<d lying and being in the County or Ha 11 , and State of Nebraska, to wie ("Lender"). Lot Ten (10) and the Southerly Two (2) Feet of Lot Nine (9), in Block Thirteen (13), in !;est Park Addition to tlte City of Grand Island, Hall County. Nebraska. wIIicb bas !be IddICSS of 1003 N Hancock IN Gr and Is1 and (cit~) Nebraska b8801 fZipCodl:' .("Propeny Address"); To Ha.. ... To HaW the premises above desaibed. with all the appunenances thereunlO belonging and including all heating. plumbing and JilbtinlIilllIIIes and equipmenl now or bereaI'ter attached to or used in connection with said real estate unto the Trustee, and to ilS successors and usips. fomoer. The Borrowor repn:seoIS to, and conVOlWlIS with, the Trustee, that the Borrower bas good right to selland convey said pRIIIiIca; that \bey are rr.e from encumbran<e; and that the Borrower will warrant and defend the same apinst the lawful claims or all persons wbnmooewr; and the said Borrower heRby relinquishes all rights of homcsrad, and all marital rights, either in law or in equity, and all other lllllIliDFnt iaIaau of the Borrower in and 10 the above<<scnlled premises, and intention bein& to convey berdly an absolute title, in fee simple. iadi!lIiDI all righlS of homes1ead, and otber rights and inlel<SlS as aforesaid. Proridod AIwlIp. and these pRSOlIts are executed and delivered unlO the Trustee. in trust, however for the followins purposes: ~theBorrowerllllthe 23rd ,day of November ,19 88 ,txmowcdrromthcLender the sum of THIRTY SIX THOUSAND tUNE: llUIlDRED FIFTY and 00/100 DoUus($ 36,950.00 ).rorwhich SUDlIhe IIonower bas CJeCUted and dcliverallO the Lender Borrower's promissory noIe or even date, bearing iIIIa'est of the nJe of EIGHT and 650/1 OOOper centum ( 6.650 '1\) per annum on the unpaid balance unbl paid. The said principal and InteftSlsltall be payable at the olIice of Commercial Federal Mortgage Corporation in Omaha.. Nebraska lor at such other place as the holder or the note may~inwrilinl.inmoathlyinstallm""'of 1'110 HUNDRED NUlliTY nm and 54/100 DoIlm(S 292.54 ),commeocingonthefirstdayor January 19 89. and OD !be 6nl day rIl cadi montb tbereafter unti11he principal and inten:sl are runy paid. except thaI the linaI payment or principal and inlaest. ifnoc sooner paid,sItaII be ducand payable lIII the first day or Decembor 2lI I 6. Thia 10nn Ia ....In conn_ willi monglgft.lneured under the one- 10 four-family progrema of the NlItional HOWling Act (Including SeclIona 203(ll) and 01) which require e One-Time Mongege Inaurance Premium payment In accordance with tha ragulatlona fo' lhose programa. -..1Alh'.,"'" ~ --~\JI:;,J-;)' rann HUDoI21u.DT.l (3-88 edilionl 24 CFA Z03.17(a) T:IC-24U (qc) :l~,1 d/83