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1 State of Nebraska Mortgage fNA case «W 321 1321451 This Mortgage. made and executed this 11th day of July a 103611 19 89 . by and between James A. Matson and Debra K. Matson, each in his and her own right, and as spouse of each other, of the County of Hall . and State of Nebraska, party of the first part. hereinafter called the MwtWa•and The Equitable Building and Loan Association, a corporation organized and existing under the laws of the State of Nebraska party of the second put, hereinafter called the Mortgagee. WlloessaMt That the said Mortgagor, for and in consideration of the sum of Twenty Eight Thousand Eight Hundred and no/100 --------------------------------------- Dollars (S 28, 800.00 ). paid by .the Mort- SW. the receipt; of which i:t hereby ai*vwledged. has Granted and Sold and by these presents does Grant, Bargain, Sell, Ca4vey WW Confirm UM the Moe¢,aMM. its successors and assigns. forever. the following- described real estate. situated in the Coudzy of Hall . and State of Nebraska. to wit: { Lot One (1), in Block Two (2), Lambert's Second Addition to the City of Grand Island, Hall County, Nebraska, 1 of the Sixth Principal Meridian, containing in all ---------------- - - - - -- acres according to Government survey: To Hove said To HoW the. premises above described, with all !tae; appurtenances thereunto belonging and including all heating. plumbing and lighting fixtua�es. and equipment now or her after attached to or used in connection with said real estate unto the Mort- and to its successors and assigns, forever. The NTckrtgagor rejsresents to. and covenants with. the Mortgagee. that the Mort- Von has good right to sell and convey said premises; that they are. free from encumbrance; and that the Mortgagor will warrant and 4 dfeii;rtd same seguat the lawful claims of all persons whomsoever; =b the said Mortgagor hereby relinquishes all rights of homestead, at a all maritat. itAfs. either in law or in equity, and all other contingent interests of the Mortgagor in and to the above - described pmattises. the intention being, to convey hereby an absplute title, in fee simple, including all rights of homastciad. and other rights and dtt eNus as afciresaid. r travl/N AJetaga, and 16ese presents are executed arsd delivered upon the following conditions. to wit: The Mortgsp� agrees to pay the Mortgagee, or order, the principal sum of Twenty Eight Thousand Eight Hundred ` and no /100 ------ -- ---------------------------------------- Dollars (S28,800.00 ). witirthe interest from data•ar:the rate of Eleven and • One -Half per centum ( 11.5• _ �i) per annum on the =t aid balance until pith: The said principal and interest.. shall be payable at thtaffice of The Equitable Building and than Association, in Grand Iqland, Nebraska . or at audh other place as the holder of the note Tay designate in writing, in monthly installments of Two Hundred Eighty Five and ,21/100 ------------- - - - - -s --------------- - - - - -- Dollars (S 285.21. ), commencing on the first day of September 19. 89 . and on the first day of each month thereafter: until the principal and "In'tierest are fully paid, except that final payment of principal and interest. if not sooner paid, shall be due and payable an the first day of August ' 20 19 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor. This forth is used in connection with mortgages insured under the one- to four-family programs of the National Housing Act which re- quire a One -Tier* Mortgage insurance Premium payment (including sections 203(b) and (i)) in accordance with the reputations for those programs. Previous Editions Are CK:isolere Ht1D- 62143M•1 411 -86 Edit.oal Form 2W6 (rtm Pape 1 of a 24CFR 203.17(a) So NavDer Ur MEAT LAKES BRFPiFSS FOF". WC ►�pr�r 7 9t762S3 -02[79 . AAc7.gYn 7.�OU358 -c'643 r