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<br />SPECIAL WARRAN!J: DEED. \' C..,)
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<br />20l070392t -J
<br />
<br />"nONAL MORTGAGE ASSOCIATION (8/k1a F~NNIE MAE) organized and existing
<br />under the laws of The United States of America, GRANTOR, I
<br />In consideration of ONE DOLLAR ($1.00) AND OTHER VALUABLE CONSIDERATION
<br />received from GRANTEE, PAUL T. MEYER and PEGGY L MEYER, husband and wife,
<br />conveys to GRANTEE, as joint tenants and not as tenants In cQmmon, the following described
<br />real estate (as defined in Neb. Rev. Stat. 76-201): I
<br />
<br />Lot Ten (10) and Fractional Lots Eleven (11) and Twelve (1k) In Block Two (2) In Blain
<br />Addition located on Lob Four (4) and Five (S) of Garrett's Subdivision of the Northeast
<br />Quarter (NE1/4) of Section Nine (9), in Township Eleven (11) North, Range Nine (9) West of
<br />the 6th P.M., Hall County, Nebraska, excepting a tract of land more particularly described In
<br />Warranty Deed recorded as Document No. 94-104042. l
<br />
<br />Grantee herein shall be prohibited from conveyingcaptionild property to a bonafide
<br />purchaser for value for a sales price greater than $38,000.00 for a period of 3 months from
<br />the date of this deed. Grantee shall also be prohibited from encumbering subject property,
<br />with a security Interest In the principal amount of greater t~an .$36,000.00 for a period of 3
<br />months from the date of thiS deed. These restrictions sha" run with the land and are not
<br />pel"5onal to Grantee. This restriction shall tennlnate Immediately upon conveyance at any
<br />foreclosure sale related to a mortgage of deed of trust. I
<br />
<br />GRANTOR covenants Oolntly and severally, If more than one) fth GRANTEE that GRANTOR:
<br />
<br />(1) It warrants that It will defend the title to the above real estate against the lawful claims of all
<br />persons claiming by, through and under grantor, but not otherwise;
<br />(2) That the real estate is. free.. from encumbrances, except eaI'ements, restrlctlons, reservations,
<br />and covenants of record; and .
<br />(3) By accepting this Special Warranty Deed, grantee l;lcknowl dges that he has had adequate
<br />opportunity to Inspect the property conveyed herein' as well 'as all improvements located
<br />thereon. Except as specifically set forth In this Special Warranty Dead this conveyance is
<br />made without warranty or representation, either express or 'implied and Is on an "AS IS' and
<br />"WHERE IS" basis. I
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<br />EXECUTED:May~a'6WIII/,
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<br />STATE OF TEXAS/II NO\~\\'"
<br />COUNTY OF DALLAY"III/I\\\\\
<br />
<br />On this 9th day of May, 2007, before me, the undel"5ignecg~@Jflty'PMlarl~
<br />commissioned and qUallfIs. d for In said County. per.;onaUy cam,' P' d l
<br />. vice resl ell ,
<br />of FEDERAL NATIONAL MORTGAGE ASSOCIATION a/k1a
<br />FANNIE MAE, to me known to be the Identical personQr persons whose name Is or names are
<br />affixed to the foregoing instrument and acknowledged the execution thereof to e hIs, her or their
<br />voluntary act and deed. Witness my hand and NotarIal Seal th~ day and year 5t above written.
<br />, I
<br />
<br />
<br />Cheryl Martin
<br />Vice President
<br />
<br />My Commission Expires: 7/3 1 / 1 0
<br />
<br />Notary Puollc
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