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<br />., -
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<br />88- 102295
<br />Deed of Trust
<br />
<br />)
<br />
<br />State of Nebraska
<br />
<br />FHA Cln No,
<br />
<br />321 1239734 703
<br />
<br />Association
<br />Norwest Bank Nebraska. National Association
<br />under lhe laws of the United States of America
<br />Grand Island. Nebraska 68801
<br />
<br />Dls Deed of Trust, ("Security Instrument") is made on May 6
<br />19 88 . The trustor is Michael J. Schneider and Cynthia J. Schneider. husband and wife
<br />("Borrower"), The trustee is Norwest Bank Nebraska. National
<br />("Trustee"). The beneficiary is
<br />, which is organized and existing
<br />, and whose address is 202 West Third Street.
<br />("Lender").
<br />
<br />WitlWlletll: That lhe Borrower in consideration of the debt and trust hereinafter described and created, a!1d lhe sum of One Dollar
<br />($1). to him in hand paid by the Truslee, lhe receipl of which is hereby acknowledged, does by these presents grant. bargain and sell.
<br />convey and confirm, unto the Trustee, forever, all of lhe following described real eslate, situated lying and being in the County of
<br />Hall , and Stale of Nebraska, to wit:
<br />
<br />Lot Forty Two (42), Western Heights Third Subdivision. Hall County. Nebraska
<br />
<br />"THIS IS A PURCHASE MONEY DEED OF TRUST"
<br />
<br />The Rider to the Deed of Trust attached hereto and executed of even date herewith is
<br />incorporated herein and the covenants and agreements of the Rider shall amend and
<br />supplement the covenants and agreements of this Deed of Trust.
<br />
<br />which has the address of 4215 Lariat Place
<br />
<br />Grand Island
<br />
<br />l ~lrL'l.'lI
<br />
<br />(CU~,'J
<br />
<br />Nebraska 68803
<br />
<br />("ProperlY Address");
<br />
<br />lI.lp l udel
<br />
<br />To H.ve and To Hold the premises above described, with ali the appurtenances lhereunto belonging and including all heating,
<br />plumbing and ligllling fixlures and equipment now or hereafter all ached to or used in connectlor, with said real estate Un!O the
<br />Trustee, and to its successors and assigns, fore\'er, The Borrower represe11ls ro, and covenants with. the Trustee, that the Borro"'ef
<br />has good right to sell and convey said premises; that they are free from encumbrance; and that the Borrower will warrant and defend
<br />t!'le same against the lawful claims of all persons whomsoever; and Ihe said Borrower hereby relinquishes all rights of homestead. and
<br />all marital rights. either in law or in equity, and all other contingent Interests of the Sorrower in and to the above-described premises.
<br />the intention being 10 cOn\'ey hereby an absolute tille, in fee simple, induding all rights of homestead, and olher rights and interests
<br />as aforesaid.
<br />
<br />Provided AlwaJs, and rhese presents are executed anJ del1\ert"d unto Ihe Trustee, in trust, however for the followin", purposes:
<br />
<br />Whc!reas. the Borrower on Ihe 6th , day elf May . 1988 . borrowed from the lender
<br />rhe sum of Seventy Thousand Fifty and No/100------------------------------------------------
<br />_________________________________.l,)ollars ($ 70.050.00 I, for which
<br />sum the Borrower has executed and dell\ered 10 Ihe lender Borr(,"er', promissory note of e\'en dale. beanng
<br />interest at the rare of Nine and One Hal f pCI Ct"1l1 urn ( 09.50 "'0) per annum on the unj)aid balance unlll paId
<br />The said principal and inleresl shall be payablc at the offin' Llf Norwest Bank Nebraska. National Association.
<br />
<br />202 West Third Street. Grand Island. Nebraska 68801
<br />in , (lr at such other place as the holder (If the note
<br />mal designate in \Hiring, in monlhl\ inslallTl1t"llls 01 Five Hundred Eighty Nine and 02/100---------------
<br />_____________Dollar'l$ 589.02 I. ,'ommt'nclng on the first day of July
<br />1988 . and Oil Ihe firs! day (If cadI l11(lnth Iht'ICllll"J \lnldlh" pl1nL'lpai and irllerc" are full) paid. except that Ihe final pavOJ(nl e'l
<br />principal and inlercst, if nOI sooncr pllld. ,hall hc due and payahle eln Ih(' firsl dill of June
<br />20 18
<br />
<br />This form,s used In connect'on ""tn mortgages Insured under ttle one 10 foul family programs 01 It'll' National HOUSing Act wh.ch piC'
<br />v.de lor penod.c Mortgage Insurance Premium payments
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<br />Page 1 0' 5
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<br />r,,,n. HUD,92143,DT 11087 Ed'l'nnl
<br />24CFR 203 17\81
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