88106582 - Laserfiche WebLink

Browse

Slate 01 Nebraska 88-106582 Deed of Trust 32'C:; 284001 -703 (b) 1bis Deed of Trust ("Security Instrument") is made on Decerrber 1 19 BB. Th. trustor is Larry O. Wilton and DarIa J. Wilton, Husband and Wife ("Borrower"), ThelrUsteeis Arend R. Baack Home Federal Savings and Loan Association of Grand Island under lhe laws of Nebraska . and whose address is Grand Island, Nebraska ("T"""","). The beneflciary is . which is organized and existing 221 South Locust ("Lender"). W"dDes:seIb: 'lRatlhe Borrower in oonsideration of the debt and UUSl hereinafter descnbed and created. and the sum of One Dollar f$ I ). 10 him in hand paid by the Trustee.lhe receipt of which is hereby acknowledged. docs by these presents grant. bargain and 5dl. llXIvcy and oonrum. unto die Trustec: in trust, with power of sale. forever, all of the following described real C5tate. situated lying and beinS in the Collnty of Hall , aod SlaIe 01 NebtaSka. to wi" Lots Fifteen (1S) and Seventeen (17), Block Three (3), University Place, an Addition to the City of Grand Island, Hall Cwnty, Nebraska. Tte rider to the mortgage attached hereto and executed of even date herewith is incorporated 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" wbicb has lb. address 01 2404 -08 North S~rv'an, Grand Island (a1~1 Nebmb 688D3 fZrpCudC'1 r'Propeny Address"); To u... -' To Hold the pr=ises at"". descnbed. wilb .11 lb. appurtenaJU:eS lhereuoto Ilelonging aod including all beallng, p1wnbinj; lOll IiPtint: fixtures and equipment now OJ bc:reaftcr Itw::hed to or I15ed in connection with said real estate unto the Truslee. and to in ~ and assigns. fOR'\'Cl'. The Borrov.re:r represents to, and roDlIenants with. the Trustee..lhal the Borrower has good right to seD and OJnvq 5aid pranises; Iha1 they are Iree Irom encumlxaDce; aod \hat the Borrower will warn." aod defend the same opinst the bwful claims of all persons whomsoever, lOll the said Bonuwcr bm:by relinquishes all n,bls of bomeslead, and all marital rights. either io law or in equity. lOll all other contingeln inleresls of the: Borrower in and to the lbovNIocnbcd premi!o. and intention being to copvcy hereby an absolUIC title. in fa: simple. ioduclioi all ripls 01 bomes1cad, lOll other ripls .od jnter<Sts as .10""""1. Provided AIwa)'i,. and lhcse presents are l:xa;u.\cd and dclivned unto lhe: Tnutcc, in trust, however for the followiDB purposes: Wberea. the Borrower 00 the 1 st ,day tll December , 19 BB ,bonowed from the 1.cndc:r the sum of Thirty Seven Thousand Six HU1dred Fifty and no/100----------------------__ ---------------------____________ Dollar> IS 37 ,650.00 ~ lor wbidt sum Ihe Borrower has clCCUCCd and ddivcnd 10 Ihe Lender BomnA,.cr':s, promissory DOle of ellm dale., bearing imm:stofthenleof Nine and one/halfpcroentumc 9.S0 %)pcraonwnontheuopaidbalaoa:llIlliIpaid. 1bcsaid priocipahnd imm:st _ be payable at the <life or Home Federal Savings and Loan Association of Grand Island, 221 South Locust in Grand Island, Nebraska , or at such other platt as the bolder of the llOIe may dc:sigIIate in wrilifll, io mcmlbly iostaIlmeol> 01 Three Hundred Ninety Three and 15/100------------- ---------------- Dol1ars (S 393.15 I, commmciog on the 6", day 01 January 19 89 lOll on the rU>\ day of each mOOlb lheIealu:r uotilthe principal lOll iolm:sl are Iully paid. Cllcq>l\hatlb. final paymen. of principal lOll intcnst. if nol sooner paid. _ be due aod payable on the first day 01 OecentJer 20 03 Thtl rorm ,Is uled in connection with mortgages Insured under the one- to four-family programs 01 the National Housing Act (including Section. 203(b) and (I)) which require a On8- Time Mongage Insurance Premium payment In accordance with the regulations for those programs. P8ge.J ~~ c. ~~.~!~ fono HUDofZIQ.DT.1 (US_on) 2< CFR 203.17(0)