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<br />87- 107346
<br />Mortgage
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<br />State of Nebraska
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<br />I FHA eo.. No.
<br />321- 1214936-729
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<br />nIs Mortp&e, made and executed this 22m day of OCIOBER
<br />19 87 ,by and between PARRY R. l>'CCORfo!lCK AID KID.1\ J. MCroRf.!lCl< HUSB.AID ~ID lVIFE
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<br />of the County of HALL ., and State of Nebraska, party of the tirst part, hereinafter called
<br />the Monpaor, and N)~lESl' BI\NK NEBRAS'KA, NATIONAL A...~IATION
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<br />. corporation organized and existing undel' the laws of THE UNITED Sl'ATBS OF AHEPJ:CA
<br />party of the second part, hereinafter called the Monpgee,
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<br />wu.-dI: 'That the said Mortpgor, for and in consideration of the sum of FORl'Y SIX 'I'H){JSAID ONE
<br />HUIDRED AID 00/100 Dollars (S 46,100.00 ), paid by the Mon-
<br />aaaee, the rec:ript of which is hereby acknowledged, bas Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />aDd Confirm unto the Mortp&ee, its successors and assigns, forever, the foDowing.de$aibed real estate, situated in the County of
<br />l:'.ALL ' and State of Nebraska, to wit:
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<br />wr'lWELVE (12) P1D THE h'ESl'ERLY SIXTEEN AID THIRrY THREE HUIDRIDrPS (16.33)
<br />FEET OF w:r ELEVEN (11), BWCK ELEVEN (il), IN PARKHILL THIRD SUIDIVISION, AN
<br />A1DlTION'ro 'l'HE CITY (!I' GFAID ISI/lNl, Pl\ll, CCUNN, t.'ffi~.
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<br />'~is is a purchase money mortgage.
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<br />*See Adjustable Rate Rider attached hereto and made a part hereof.
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<br />THE RIDER 'IO THE ro~ ~'J'l'ACHFD flERRro MD EXEUJlID OF EVEN DATE HERF.1'iI'm
<br />IS INDRroAA.TID HEREIN AID THE CO\lE'I~NrS At.]) AGFffl-'ENl'S or' THE RIDER SHALL
<br />M\EID MiD ~ THE rovFl~ M,D fIGFF~ OF THIS MO~.
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<br />of the Sixth Principal MeJidian, containin& in aD
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<br />city lot
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<br />acres accordin& to Qo\-emment suney:
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<br />T. Haft ... To HoN the pmnises above described, with aD the appurtenances tbeRunto bdonging and i:odudina aD beatina,
<br />plumbiq aDd liahtinc rJXtUreS aDd equipment DOW or hereafter altadled to or wed in c:onnetDon \lIith said real estate unto the Mon-
<br />p,aee. and to its suooessors and assiIm, fomu. 1be MOJ1&IiOr represmts to, and eo\'mI.Dts' with, the Mortp&ee, that the Mort-
<br />PIOI' bas aood riIbl to sdI and eoDvey said prani5cs; that the)' are free from eocumbnmc:e; aDd that the Mortpaor will warrant and
<br />dd'md the same apinst the lawful daims of aD penons ~ aDd the said Monpaor hereby relinquishes aD riahts of
<br />bomePNd. and aD II!Wital riahts, ~ in law or in equity. aDd aD other contin&eDt intcIuU of the Mortpaor in aDd to the above-
<br />dcscribed premises, the intention brina to eonvey bereby an absolute title, in fee simple, includi.Dg all ri&hts of homestead, and other
<br />riahts and interests lIS aforesaid.
<br />~ AhnIJ'I, aDd these presents are executed aDd defu-ered upon the followin& conditions, to 'Wit:
<br />1be Mortpaor qJeC$ to pay the Mortpaee, or order, the principal sum of * FORlY SIX TfJJUSAID ONE HtJM)RID /lID
<br />00/100 :notW$ (J 46,100.00 ),
<br />with interest from date at the rate of EIGIll' AN> 500/1000 * per centum ( * 8.500 1!9) per annum on the
<br />unpaid balance until paid. The said priDcipal and interest sball be pa)"&ble at the offICe of
<br />1~"'E.Ql' ~ NEBRASKA, tlATIOKAI.. AS9XIATION, 202 WI':s'T' THlm SI'REET
<br />in GRND ISlA1IIl, NEBRAffiA 68801 ,or at such other pIaee 8$ the bolder of the DOte
<br />may desipate in writina, in montbly installments of~.E Hlll)Rf.1) I-'Jpt'y f-UJR At{) 471100 -
<br />Dollars (S * 354.47 ), c:ommmcin& on the rust day of DECE}!BER 01
<br />1987 . and on the fust day of each month the1eaftel' until the principal and interest are fuUy paid, except that the final p8)"IDenl of
<br />principal and interest. if DOt soonel' paid, shall be due and pa)"&bIe on the fllSt cia)' of tUVEW3ER Ol
<br />2017 ; all aa:ordina to the terms of a certain promissory note of C\'en dale herewitb executed by the said Mongagor.
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<br />This fonn Is UMCIln connection with mortgages Insured under the one- to four.famlly programs of the National Housing Act which pro-
<br />vide for periodic Mortgage Insurance Premium payments.
<br />PnrvlOus Editions Are Obsolete HUI>>2t4311 (Wll EclltIon)
<br />Page 1 of .. 24 CFR 203.17(b)
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