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86- 107181 SPECIAL WARRANTY DEED RODNEY D. HANQUIST and DONNA J. HANQUIST, husband and wife, GRANTORS, in consideration of a full release of their liability on a certain Mortgage Note ' dated October 9, 1979 in the original principal amount of $30,850-00, which Note is secured by a Mortgage dared October 9, 1979 and recorded as Document No. 79- 006589 in the office of the Register of Deeds of fall County, Nebraska hereby voluntarily give and surrender, in lieu of foreclosure, to GRANTEE, The Secretary of Housing and Urban Development of Washington, D.C., its successors and assigns, the following described real estate (as defined in Neb. Rev. Stat. § 76 -201): Lot Sixty Three, in nest Heights Addition to the City of Grand Island, Hall County, Nebraska, a /k /a 415 N. Sherman, Grand Island, Nebraska 68801, together with all appurtenances thereunto belonging. GRANTORS covenant jointly and severally with GRANTEE that ,GRANTORS: (1) are lawfully seised of such real estate and that it is free from encumbrances except for a Mortgage in favor of Mortgage Plus incorporated and now held by New York Guardian Mortgage Corp., it the original principal amount of $30,850.00 as represented by a Mortgage appearing in the office of the Register of Deeds of Hall County, Nebraska as Document No. 79- 006589 and Assignments appearing in the same office as Document Nos. 79- 007609 and 86- 1006011; (P) have legal Dower any' l_awfuT a,fthority convev the same; (3) warrant and will defend title to the real estate against the lawful claims of all persons claiming by or through them; (4) that this conveyance is and does constitute an absolute conveyance of title to the Dremises to the GRANTEE herein and is not intended as a Mortgage, trust conveyance or as security of any kind, and possession of the premises is hereby delivered concurrently; and (5) GRANTORS hereby relinquish all right, `i`le, interest and equity of redemption in and to the above described premises. The filing of this deed by the GRANTEE shalt. constitute acceptance of this deed and as a result thereof, such :,ling shall indico *.e GRANTEE'S intention to release and discharge the GRANTORS from any liability for a deficiency judgment as a result of the Mortgage Note and Mortgage referred to above. Executed December p 1986. D. RA ROd!re� D �'•g1:iSt �`� +'na z' ^^ U STATE OF NEBRASKA { ss: COUNTY OF HALL ) The foregoing instrument was acknowledged before me on December y 1986 by Rodney D. Hanquist and Donna J. Hanquist, husband and wife, both of whom are personally known to me, they having acknowledged the foregoin as their voluntary act and deed in my presence. �e Notary Public .... f t °• [1 STAh9N TAX ,4T ��rrVACU DEC 13 1980 - PY 'fir