88104815 - Laserfiche WebLink

Browse

Stele of Nebr8lk8 88- 104815 Deed of Trust 8 .m'_ --. 'HAc:....No. 321 -1262490 748 bl ..... Dftd orTrull ("Sa:uri'y Instrumen'") is made: on September 1 19 8B. The truStor is I'Iary Lou Oakan, a single person and Diana I'Iarle McGerty, a single person ("Borrower"). The lru5t"" IS Arend R. 8aack ("TrllS1"""). The beneficiary is Home Federal Savings and Loan Association of Grand Island ,which isorgani7.ed Bnd existing uodc:r the laws 01 Nebraska . and whose address is 221 South Locust Grand Island, Nebraska 68801 ("lender-). WIbaes:Inh: That the Borrower in consideration of the debt and trust hereinafter described and created. and the sum of One Dollar (51), to him in band paid by tI1e Trust<<:. the r<x%ipl of which is hereby acknowledged. docs by the5c pn:sc:nlS gran~ bargain and ..n. convey and confirm. unto lbe Trus1eC' in trust. with power of sale. forever. all of lhc following described real estate. situated lying and being in the County of Ha 11 . .nd Slate of Nebraska. to wit: Lot Seven (7), in Fractional 810ck Six (6), in Gilbert' s Addition to the City of Grand Island, Hall County, Nebraska. The rider to the mortgage attached hereto and executed of even date herewi.th i.s incorporated herein and the covenants and agreements of the rider shall amend and supplement the covenants and agreements of this mortgage. "THIS IS A PURCHASE MONEY MORTGAGE" wbichbastheadd=oI 916 West 11th S~t . Grand Island 101)1 Nchn.ska 68801 .Zlp(.udel "'Propcny Addro.'-J; To HIve.... To Hold the pmniscs aoo\'c dcscn.bcd. with alllhe appurtenances thereunto bclongmg and includmg all heating. plumbing and liJhlina: filtures and eqUIpment now or hereafter anached to or w.cd 10 connection with said real t5lIle unlo Ihe Truslee. and to ils Succcs.sors and .mam. fortVCf. 1be 8orrowu represents 10, and convcn.anl'i with. the Trus1Ce. lh1t the Borrower tw good right to sell and convey said pmniIa: tba1 they are free from encumbrance; and thai the Borrower will warranl and defend the yme apinslthe lawful claims of all persons wbormocver. and lhe said Borrower hereby relinquishes all rights of homc:s1Cld. and all marill1 righlS. eilher in taw or in equity, and aU other continaent mteraU of the Borrower in and to the above-dc:5cribed premiso.. and intenLion bcifl[ll to amvc:y hereby In absolute tille, in fee simple. indudini In nahl> of homc:s\eOd. and olhcr riJhl> Ind ;nlereSU as IIDn:saod. Provided Alwap. and thc:ic presents are cu:cutcd and deli....ered unto the Trustee. m IrUSL however for the followins purposes: Wborao, lbe Borrower 00 lbe 1 st . day of September . 19 88 . borrowed from the lender thesumol Twenty Nine Thousand Eight Hundred Fifty and no/100--------------------- __________________________________ Dollar> (s 29,850.00 t. lor which sum the Borrower ba5 eucutc:d and ddlven:d 10 me Lender Borrower's prol1US5OlJ notc of c..-en dale. bcanRl in...... of the me 01 Ten&one/half pet c<IItum ( 10. 50 ~) per onnum un the unpRid baiRn"" until paid. The said principal ond i....... shall be payable a. the offia: or Home F edeml Savings and Loan Association of Grand Island, 221 South Locust in Grand Island. Nebraska . or at !ouch olher place as the holder of the nole maydesipRu:inwriliag.mmoothlyinstaI1mcnlSof Two Hundred Seventy Tl)ree aad 05/108- ---------- ____________ Dollars (s 273.05 t. commc:nang Oil thC "'" day of ctober 19 8~and 011 Ibe fim: day of eacb mooth thereafter untiJ the principal and inl.crCSt arc fully paid. cxcepl withe final paymcnt of principal ond _ if DOl oooacr poid. shall be due ond payable 00 the r.... dRy of September 20 18 This form II used In connection with mongagel Inlured under the one- to four~f8mlly programs ot the National Housing Act (including sections 2O.."\{b) and (I)) wnlch require . One-Time Mortgage Insurance Premium payment in accordance with the regulations for those program.. I 1."11" t..t 5 1!.J I 10.. HUll-a21 Q.CT.l (3-88 edition) 2< CFR 203.17(81 L L ..J