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~. , t, F f g ~ r"... ~ , i( r ~ [ [, t ~ ~ [ ~. r i I F r:. !' r. f' Il L State of Nebraska ~O Mortgage FHA co.. No. 321-1194299-203b Db Mortpae, made and executed this 17 th day of December 19 87 .by and between Larry R. Schinkel and Carol A. Schinkel, each in his and her own right, and ~s spouse of each other, of the County of Ha 11 ' and State of Nebraska, party of the f'mt part, hereinafter called the Morlpaor, and The Equitable Building and Loan Association, a corporationorpniz.ed and existing under the laws of Nebraska party of the second put. bereinafter called the Mortgagee. wu-dI: That the said Mortaagor. for and in consideration of tbe sum of Fifty One Thousand Seven Hundred and no/lOO ___________________________________________Dollars ($ 51,700.00 ). paid by the Mon- pace, the receipt of which is hereby acknowledged. bas Granted and Sold and by these presents does Grant. Bargain. Sell. Convey and Confirm unto the Mort.ppe, its successors and assigns. forever. the foUov.iDg-tkscribed real estate. situated in the County of Hall . and State of Nebraska, to wit: Lot Eleven (II), R & B Subdivision, Hall County, Nebraska. of the Sixth Principal Meridian. containina in all ____________________ acres aocordin& to Qo\unment sun-ey: T. Haft .. To aIM the premi5es above described, with all the appurtaWKU themmto belon&in& and illdudin& all beatin&, plumbil!a and IiPtiDa fixtures and equipmCIIt now or bcreaftcr attached to or u.sed in (lOIIDeCtion with sUI real estate unto the Mort- prpe, and to its IIICCCSIOR and usips, f_. The Mortpaor repRICIltS to. and ~ with. the Mortpaee, that the Mon- ..... bas aood ript to ICI1 and coavey said premiIcI; that they are free from eocumbraDcc; and that the Mortp&Of will warrant and clefeDd the same apimt the lawfUl daims of all pcnoDS ~; and the said MorlPIor ber'eby relinquishes all riahts of ~....., ad allmariW riabts. either in law or in equity. and all other continaCDt intereStS of the MOI1PIor in and to the above- deIc:ribed premiIcs. the intaIlioo beiDa to convey bereby an absolute tide. in fee simple. illdudin& all riahts of homestead. and ~ rilh1l and interests u aforaUd. ........ AInJI. and these prelCDts are eec:uted and delivered UpoI1 the followina conditions. to 1I\it: The Mortpaor qrecs to pay the M~. (II' orda'. the priDcipal sum of Fifty One Thousand Seven Hundred and nollOO ______________________________________________DoI1ars ($ 51,700.00. ). with interest from date at the rate of Nine and One-Half per centum ( 9.5 ..) per annum on the upUd balIDce until paid. The Wd principal and interest shall be payable at the off"tce of The Equitable Building and Loan Association, Dl' Grand Island. Nebraska . or at such other place as the holder of the note may daipate in writina. in monthly installments of Four Hundred Thirty Four and 73/100 ----------------- ----------------DoDars ($ 434.73 ). 00tl1II1eIlCina on the f'ust day of January . 19 88. and on the f'ust day of each month ther'eafter until the principal and interest are fully paid. except that the f'mal pa)-ment of IJIiDI:iDU and inlcrat. if not sooner paid. shall be due and payable on the f'ust day of December 20 17; all accordinI to the tenDS of a c:atain promissory note of even date herewith executed by the said MoJ1PlOf. This form Is UMd In connection with mortl)llOM \nsureclunder tile one- to four-family program3 of the National HOUIIno.~ which pro- vide for pertodIc Mortgege Insurance Premium payments. Prrtious Editions AII!l Obsolete HUM2t4S11 (3011 Edition) page 1 01 4 24 CFR 203.17(b) L L .-J (. -1'-