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RE- RECORDED
<br />87— tnongf�l
<br />State of Nebraska
<br />86--, 107544 �`.� �' 200107979
<br />Mortgage FHA Cass No.
<br />321- 1143330 -703
<br />This Mortgage, made and executed this 31 st day of December
<br />19 86 , by and between GERALD W. ALLBERY and JULIE R. ALLBERY,
<br />HUSBAND AND WIFE
<br />of the County of HALL , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and SUPERIOR MORTGAGE, INC. P.O. BOX "S"
<br />GRAND ISLAND, NE 68802
<br />a corporation organized and existing under the laws of THE STATE OF NEBRASKA
<br />party of the second part, hereinafter called the Mortgagee,
<br />Witnesseth: That the said Mortgagor, for and in consideration of the sum of Forty Thousand Fifty and
<br />No/ 100ths----------------------------- ------------------------- ------ Dollars ($ 40,050.00 ),paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described real estate, situated in the County of
<br />HALL , and State of Nebraska, to wit:
<br />LOT NINETEEN (19), IN REUTING'S SECOND SUBDIVISION, HALL COUNTY, NEBRASKA.
<br />a
<br />of the Sixth Principal Meridian, containing in all
<br />acres according to Government survey:
<br />To Have and To Holdthe premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />gagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort-
<br />gagor has good right to sell and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and
<br />defend the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />homestead, and all marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above -
<br />described premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />rights and interests as aforesaid.
<br />Provided Always, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay the Mortgagee, or order, the principal sum of Forty Thousand Fifty and No/100ths----------
<br />------------------------------- - - - - -- Dollars ($ 40,050.00 ),
<br />with interest from date at the rate of Nine per )centum ( 9.000 %) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of SUPERIOR MORTGAGE, INC.
<br />P.O. BOX "S"
<br />in GRAND ISLAND, NE 68802 , or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Three Hundred Twenty --Two and 25/100ths-------------------------
<br />------------- - - - - -- ( 322.25 February Dollars $ ), commencing on the first day of Y ,
<br />19 87 , and on the first day of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />principal and interest, if not sooner paid, shall be due and payable on the first day of January ,
<br />2017 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />This form is used in connection with mortgages insured under the one- to four - family programs of the National Housing Act which pro-
<br />vide for periodic Mortgage, Insufaggf,Premium payments.
<br />Previous Editions Are`Ob'sol�e4 t J — HUD- 92143M (3-86 Edition)
<br />Page 1 of 4 :: 24 CFR 203.17(b)
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