88106723 - Laserfiche WebLink

Browse

88- 106723 State 01 Nebratlc. Deed of Trust [i~~-;6-73o (b) 'I'hII Deed clTIUIt ("Security Instrument") is made on December 9 19 88 . ThelnlSloris Ray E. Clifton and Jane E. Clifton. Husband and ("Borrower"), The trustee is Arend R. Wife 8aeck ("Truslec"). The beneficiary is . which is organized and cJl:i.:;1ing 221 South Locust Home Federal Savings and Loan Association of Grand Island under lbc laws of Nebraska . and whose address is Grand Islend. Nebraska. ("Lender"). Wltoeafth: That the Bcrrower in consideration of the deb: and trust hereinafter described and created, and the sum of One DoUar (5 I ). 10 him in hand paid by lhe Trw.tee. the receipt of which is hereby acknowledged, does by these presenlS grant, bargain and sell. convey and oonfinn, unlo die Trustee in lrusl, with power of sale, forever, all of the following described real estate. situated lying and being in lite County of Hall . and Stale of Nebraska, to wie Lot Nine (9), Block Three (3) in Bel Air Addition to the City of Grand Island. Hall County, Nebraska. The rider to the mortgage attached hereto and executed of even date herewith is incor- porated 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 1726 HANOVER u~, GRAND ISLANil.." Nebraslal 888m /lJpCudrl ("ProperlY Address"); To Have..... To Hold the prcmi5a abuve described. with aU the appurtenances thereunto belonging and including all heating.. 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 sua::essors and assigns. forever. The Borrower rcpmcnts to. and convcnants with. the Trustee. that the Borrower bas good right to seU and ronvey said premises; that they are free from encumbrance.: and that the: Borrower will warrant and defend the !lime against the lawful claims or all persons wbomsoever. aod 1he said IIonower hereby roIinquislu:s sU riglns of homestead, and sU marila! rigbts, ci1her io law or in equity, and sl1 otber a:mtingent intcre5ts of the Borrower in and to the above-described premises. and intention being to convey hereby an absolute title, in fee simple. including all rigbts of bolllCSWld, aod olber rigbts and ioteJ<SlS IS sloll'Sllid. Provided Always., and these: presents are executed and delivered unlo the Trustee, in trUst. however for the following purposes: WbomIs, 1he Borrower 00 Ibe 9th ,doy 01 December . 19 BB ,borrowed lrom Ihe Lender 1he sum of Fifty Two Thousand Eight Hundred and no/1Do----------------------- _________n_n"______nn_n"nnn__ Do11a" ($ 52.Boo.00 l,lorwhicb sum !be IIonower bos executed and delivered 10 !be Lcnder IIonower's promissory DllIe 01 CVClI dole, bearing inl=st of !be rote 01 ten per a:otum ( 1 0.0 %) per snnum Dn !be unpaid balance until paid. The said priocipsl and intem;tsbsU be payobleallbe oIIic< of Home Federal Saving and Loan Association of Grand Island, 221 South Locust in Grand Island, Nebraska .oratsucholherplaceaslheholderofthcnote may designotc in writing. in montbly ins1aI1meots of Four Hundred Seventy Nine and 79/100-------------- __nn_________ Dollar.; ($ 479. 79 ~ commeociog on !be firslday 01 February 19 B90 and DO !be lim day of eacb monlb tbmafi.er until !be principal and iolerCSt src lully paid. exa:pt tbol !be final psyrnenl 01 principal and inle5<st, if not soooer paid. sbsU be due and psyoble DO !be first doy 01 January 1 20 14. Thll form II used in connection with mortgl!lgea insured under the one- to four-family programs of the National Housing Act (Including Sections 203{b) and (i)) which require a One.T1me Mortgage Insurance Premium payment in accordance with the regull!ltlonl for those program&. Pagel 015 fann HUD-llU9;l!k1j3j8 edition) 24 CFR 203l!7~ ~... ~J ,