|
-1
<br />_4
<br />c
<br />r sett Of N, *Wm *a Deed of Tfust FHA Cam N . - -_ - - --
<br />1-321-1316763-203 (b)
<br />Ibis Deed of Tnal ("security hutrumenr) is made on June 12 �T " 102987
<br />1989 1SZteoris Greg A. Jussel, a single person
<br />( "Borrower "). The trustee is Home Federal Savings and Loan
<br />AasFac nation of Grand Island ( "Trustee "). The beneficiary is
<br />1,ari-. federal Savings ,and Lwn Association of Grand Island ,which isotganizedandexisting
<br />under the laws of Nebraska. , and whose address is 221 South Locust
<br />Grand Island, Nebraska ( "Lender ")
<br />Wknesedlu- That the Borrower in wexideration of the debt and trust hereinafter described and created, and the sum of Om Dollar (S 1), to
<br />him in hand paid by the Trustee, the mccipt of which is hereby acknowledged, does by these presents grant. bargain and sell, convey and
<br />confirm, unto the Trustee in trust, witb power of sale, forever. all of the following described real estate, situated Dying and being in the County of
<br />Hall , and State of Nebraska. to wit:
<br />Lot Eleven (11) and the Southerly five and "Eleven Hundredths feet (5.111) of
<br />Lot Nine (9) in.81vck Five, University Place, an Addition to the City of Grand
<br />Island, Hall Caunt.y , Nebraska.
<br />The rider tcd 4`ze na;wgage attached hereto and executed of even -date herewith
<br />is incorporated herelh and the covenants and agreements of the rider shall amend
<br />and supplement the covenants and agreements of this mortgage.
<br />"THIS IS A PURCHASE MONEY MORTGAGE"
<br />which has the address of 2310 North Sheen Grand Island
<br />t�+yi
<br />Nebraska 68803 it<oC0d0 ( "Property address ");
<br />TO Hsfve snd To Hdd the premises above described, With all the appuncnanees thereuP.to belonging and ir.dWing all heating, plumbing and "
<br />lighting fixtures and equipment now or hereafter attadtW to or used in connection with said real estate unto the Trustee, and to.its successors
<br />and assigns, forever. The Borrower represents tb. and convenahts w th, the Trustee, that the Borrower has good right to sell and convey said
<br />premism that they are free from encumbrances and that the Borrower will warrant and defend the same against the tav►144 dlaims of all persons
<br />whomsoever. and thr said Borrower hereby relinquishes all rights of homestead. and all marital rights, either in law or inequity, and all odw
<br />contingent interests of the Borrower in and to the above-described premises, and intention being to convey hereby an absolurte tick, in fee simple,
<br />including all rights of homestead, and other rights and interests as akmesaid.
<br />Plrevided Ahvays, and these presents are executed and delivered, unto the Trustee, in trust, however for the Wowing purposes:
<br />Wber+eas, the Borrower on the 12 . don Qt
<br />June .19 89 ,borrowed from the lender
<br />the sum of Forty Three Thousand One Hundred and no/ 100-------------- ------ -------- - - - - --
<br />----------------------------- Xdlars (S 43,100.00 ), for which
<br />sum the Bonower has executed and delivered to the Lender Borrower's promissory note of even date, bearing
<br />interest of the rate of Ten and one /half per eentum ( 10.50 %) per annum on the unpaid balance until paid.
<br />The said prk'Wipal and interest shall be payable at the office of Home Federal Savings and Loan Association
<br />of. Grand Island, 221 South Locust
<br />in Grand Island, Nebraska , or at such other place as the holder of the note
<br />may designate in writing, in monthly installment of Three Hundred Ninety Four and, 25, 100------------ - --
<br />-- DQUm ($ 394..25 ). commencing on the f hzfhy of August
<br />19. mad on the first day of each tk'tberedtr_q� until the principal and interest are fully paid, except. &at the final payment of principal
<br />and lift —av, id, if net mom pa shall bed); c artd payafxk. on the first day of July
<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 />form HUMW434H.11349 edit,on)
<br />Page 1 of 5 24 CFR 203.17(x) ;.
<br />i�
<br />f -=
<br />t`
<br />r
<br />
|