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<br /> State of Neb�aska ��� a � FM�I C���NO �
<br /> 9 g �21 136763A
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<br /> This Mo�t`aYe, made and executed this 13th da>• �f Oecember ,
<br /> �9 89 , h�� �nd betaeen Scott R. Paulsen and Wendy K. Paulsen, each i� his and her awn right,
<br /> and as spouse of each ather
<br /> oi the County�oi H011 , and State of Nebraska, pa�ty of the fi�st part, hereinalter calied
<br /> the i�onBagor, and The Equitable 8uilding a�d Loan Association, ,
<br /> a corporation orgunized and existing under the law•s of the State of Nebraska ,
<br /> � puty of the second pan. hereinafter cailed the �fortgagee, '
<br /> � Witnesseth: That the said 19ortgagor. for and in .onsideration of the sum of Thirty Seven Thousand and no/10Q --
<br /> -------------------------------------------------Dollars(537,000.00 ), Paid by the�1ort-
<br /> � gagee, the receipt oi which is hereby acknowle�ged,has Granted and Sold and by these praonts does Grant, Hargain,Sell. Com•ey
<br /> and Confirm unto the Mortga�ee,its successors and assLe,ns. fore�•er, the fallawing-described real estate.situated in the County of
<br /> Hell , and State af Nebraska,to w-it:
<br /> Lot Seven (7) , in B�ock One (1) , Claussen Country View Addition to the City of Grand Island,
<br /> Hall County. Nebraska,
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<br /> of'the Sixth Principai Meridian. containing in all ------------------- acres according to Government survey:
<br /> . To Have aad To Hold the premises above described,with all the appurtenances thereunto belonging an�! including all heating, �
<br /> plumbing and lighting �xtures 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. fore�er. The Mongagor represents to. and covenants with, the Mortgagee, that the Mon- '
<br /> �agor has good right to sell and com•ey said premises:that they are free from encumbrana: and that the Mortgagor will warrant and
<br /> defend same against the lawful claims of all persons whomsoe�er; and the said Mortgagor hereby relinquishes all rights of homestead. �
<br /> ' and all marital rights. either in law or in equity, and all other contingent interests of the Mortgagor in and to the above-dacribed '�
<br /> premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homatead, and other rights and .�„
<br /> interats as aforesaid. �_
<br /> Provlded Al�ays.and these presents are executed and ddivued upon the following conditions, to wit: '""�`
<br /> The Mortgagor agrees to pay the Mortgagee.or order, �he principa� sum or Thirty Seven Thousand and no/100 ----- �--
<br /> ----------------------------------------------------------Dollars(S 37,OOf3.00 ), � �`
<br /> with the interat from date at the rate of Ten per centum ( 10.0 �'o)per annum on the , �
<br /> unpaid balana until paid. The said principa! and inte:at shall be payable at the office of The Equitable Bo�ilding and
<br /> Laan Association . _
<br /> �n Gra�d Island, Nebraska, , or at such other pta�e as the holder of tht note
<br /> c�say dai�nate in writin�, in monthly installments of Three Hundred Twenty Four and 71/100 -------------------
<br /> _____________________Dollazs ($ 324.71 ), commencing o:r tAe �rst Qay of FebPUeTy
<br /> 19 90 . and on the �rst day of each rr>�nth thereafter until the principal and interest are fuPiy paid, except that final�ayment of 1
<br /> grincipal and interest. if not sooner paid. shail be ds:r and payablt oa the�rst day of January ,
<br /> 20 2p : aU according to the terms of a certain promissory notc of even date herewith executed by the said Mortgagor.
<br /> Thia torm is used in connection with mortpapes insured under the one- to tour•family programs of the Natianal Housing Act which re-
<br /> ' quire e One-Time Mortpape InsuranCe Premium payment(including sections 203(b) and (i))in aCCOrdance with the reg�s�ations tOr those
<br /> proprams.
<br /> Previous Edition9 Are Obso�ete HUD-�Z1�3M-1 111•86 Ed�t�oni
<br /> F����,�, Page 1 of a 24CFR 203.t7(a) -_ _—____
<br /> To 1�aMer Ce0 GiiEAi LAKES BUSINESS FORMS.MC �
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