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PLEASE, RE– RECORD TO SHOW CORRECT DATE OF CLOSING. RE-R- CORDED
<br />89-- 101538 890 102982
<br />i State of Nebraska Deed of Trust �
<br />FN 1 — _ - - -�
<br />i 321-•- i. 305517G -703
<br />71tb Deed of Trust ( "Security Instrument") is made on MARCH 99 , 27,
<br />19 89 . The trustor La KEVIN C. MCKENNON AND CAROL J. HC 'ON, HUSBAND AND WIFE
<br />COMMERCIAL FEDERAL SAVINGS AND LOAN 'Muff hlb trustee is
<br />NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION ("Trustee'), The beneficiary is
<br />which is ftareired and existing
<br />under the laws of THE UNITED STATES OF AMERICA , and whose addri % u+,
<br />202 WEST THIRD STRM -T,; . Q2RAND ISLAND, NEBRASKA 68801 ( "B PS "►�
<br />Witrtesaetlt: £hat the M�hz er in wnsideration of the debt and trust hereinafter do Tfhe and created. and the sum of O e U011ar ($I.% to
<br />him in hand paid by the Trustee, the rC=; rA of which 'Lc hereby acknowledged, does by these premtts grant, bargain and sell', cmucy and
<br />confirm unto the Trustee in trust, with, fay tr of sale, forever, all of the following demt*4 :Cg-#Vate,'situated lying and being in the County of
<br />HALL snd State of Nebraska, to wit:
<br />LOT SIXTEEN (16). AND . TI;P.. EASTERLY EIGHT (8) FEET OF: t OT FIFTEEN (15,) , ' IN BLOCK ONE (1).
<br />IN BEL AIR ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNi'2'Y; NEBRASKA.
<br />"THIS, IS A PURCHASE MONEY MORTGAGE ".
<br />THE RIDER TO THE DEED OF TRUST ATTACHED HERETO AND EXECUTED'OF EVEN LATE HEREWITH IS
<br />INCORPORATED HEREIN AND THE COVENANTS AND AGREEMENTS TO THE RIDER SHALL AMEND AND
<br />SUPPLEMENT THE COVENA1"T5 AND AGREEMENTS OF THIS DEED OF TRUSS„
<br />which has the address of . 24.14 W. LAMAR, GRAND ISLAND
<br />ruret�, �uitii i - _
<br />Nebraska 68803 iz.a ( "Property Address'); –
<br />�r
<br />;.
<br />To Have and To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating• plumbing and '
<br />lighting fixtures and equipment now or hereafter attached to or used in eonncc i with said real estate unto the Trustee. and to its sucm am
<br />and assigns. forever. The Borrower represents to, and convenants with, the Trustee, that the Borrower has goof right to sell and convey said
<br />premises; that they are free from encumbrance; and that the Borrower will warrant and defend the same against the lawful claims of all persons
<br />whomsoever and the said Borrower hereby relinquishes all rialto of homestead, and all marital rights, tithes in•law or in equity, and all other
<br />contingent interests of the Iharrower in and to the above4escribed premises, and intention being to convey hereby an absolute title, in fee simple,
<br />including all rights of homestead, and or]:ter, rights and interests as aforemid.
<br />PIrovWd Always. and these presents are executed and delivered unto the Trustee, in trust, however for the following purposes:
<br />Whereas. the Borrower oa the 2 7TH day of MARCH .1989 borrowed from the Lender
<br />the sum of :FORTY TWO THOUSAND FIVE HUNDRED FIFTY AND 00/ 100 ---- ----------------------------
<br />-------- ._.– --------
<br />– .Dollars(S 42,550.00 ). for which
<br />seem the Borrower has exeeuted.and dehti-=S to the lender Borrower's promissory note of even dite. bearing
<br />G �
<br />interest of the rate of EMIT AND 880,110OWr centum ( 8.880 %) per annum. or, the unpaid balance until paid.
<br />The said principal and intents; shall be payable at the office of
<br />NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION, 202 WEST THIRD STREET
<br />to GRAND ISLAND, NEBRASKA 68801 , or at such other place as the holder of the note
<br />rr%.. designate in writing, in. murthly installments of THREE HUNDRED THIRTY EIGHT AND 70/100 ------------- — – ---
<br />----------- DOM' rs (S 338. 70 .)-,: aimmencing on the first day of MAY O 1
<br />19.89. and oo the first diy%,ii;ertc h month thereafter until the principal and interest are fully paid, except that the final payment of principal
<br />and' interest. if not sooner paur,.dWi be due and payable on the first day of APRIL O I
<br />This form is used in connection with mortgages insured under the one- to four - family programs of the National Housing Act (including
<br />Sections 203(b) and (i)) which require a One -Time Mortgage insurance Premium payment in accordance with the regulations for those
<br />programs.
<br />4 form HUD- 22143.OT.1 (3488 edition)
<br />r 24 CFR 203.1 ?(a)
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