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Slale 01 Nebraska 88-- '06622 Deed of Trust 84B29-l-20 "t" C...H.. 321-1281670203 nls Deed or Trusl. ("Security Instrument") Is made on December 03 .988 ' The Irustor I. . Tholl8& J. Jlack..r and Jody L, Backer. husband and wif.. I jointly and each in their awn right, ("Borrower"), TheIrU,I..I. COMMERCIAL FEDERAL SAVINGS AND .LOAN; i1\5S0CIATION ..:0.......... ~ (IITrU!i.lee"). The beneficiary I!I FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN , which I. organized and existing under the laws of The United. States of America . and whose address is 1235 "H" Street, Lincoln, Nebraska 68508 ("Lender"). Witnesseth: Thai (he Borrower in consideration or the debl :lnd Irust hcrclnancr described and created. and the sum of One Dollar (SI), to him In hand paid by the Trusu:c, the receipt or which is hereby acknowledged. does by these prasents grant, bargain and sell. convey and confirm, unlo the Truslee, forever. all of the following described real estatc, situated lying and being in the County of Hall . and State of Nebraska, to wit: The North Half (Nl/2) of Lot Twelve (12), and Lot Ten (10), Except the North Eight (8) Feet, all in Block Twe.nty Eight (28). Highland Park, in the City of Grand Island; Hall County, Nebraska. "NOTE: See FHA Mortgage Addendum hereto attached and said to be a part thereof" which has ,he addJ-css of 2011 North Park Grand Islsnd l\lfml Nebraska 68803 ("Propercy Address"); IlllICodd To Have and To Hold the premises above described, with all the appurtenances thereunto belonging and including aU healing. plumbing and lighting fixtures and equipment now or hereafter attBched to or used in connection with said real estate unto the Trustcc, and 10 its successors and assigns. forever. The Borrower represents 10. Bnd covenan15 with. the Trustee, Ihallhe Borrower has good right to sell and conlley said premises: that they are free from encumbrance: and that 1he Borrower will warranl and defend the same against the lawful claim!: of aU persons whomsoever, and the said Borrower hereby relinqui!;hes all righls of homestead. and all marital rights. either in Jawor in cquity. and all other conlingenr interests of the Borrower in and to the above-dcstribcd premises. the intouion being [0 convey hereby an absolutc tltte. in fee simple, including all rights of homcstead, and olher rights and inlerests as aforesaid. Pnnlded Always, and Ihesc presents are executed and delivered unto thc Trustee, in trust. however for the follo\\'ing purposes: Wh....., Ihc..Borrower.J>n the Th 3rdd d _ /ldav of December . 19 88 ,borrowed from 'he Lender the sum of Twenty :seven ousal1 an no 00 Dollars tS 27000.00 ), for which .um 'he Oorrower ha. EY.I:"''fd and 8elf'frr'&.tQ Ill; 14:~d"/;.!IOdro;d(t.Br<<~tyY nole or even dale, bearing interesl at the nile of gang Ypef'tI\tbm.~n r . llio) per annum on the unpaid balance unlil paid. ]1*' .ald principal and Inlerrst .hall b. payabl. a. Ihe office of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN" , in Lincoln. Nebraska . or al 5ucl) olher place as Ihe holder of the nole may designale in writing. in monthly inslallmeqts of Two Hundred Fourteen and .93/100- Dollars tS 214.93 ). commencing on Ihe firs. day of February . 19 89 , and on Ihe first day or each month thereafler until the principal and interest ar'jfullY paid, excepl Ihat the final pa~-menl of priW1 and interest. if nol sooner pnid. shall be due and pll~'able on the first day of anuary . 20 . this form ill used In connection with mortgages Insured under the one. to four.famlly progtams 01 the National Housing Act which pro. 'tide lor periodic Mortgage tn:surance Premium payments. ';. .: i' , '- .' ''', : Fnr.... HUD.Q2,a]-DT rln q"ll=d;'......1