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I 87- 107374 State of Nebi'a. Mortgage I~c.._ 321-1219312-203b r 'DII M...... made and executed this 30th day of December 19 87 . by and between Larry E. Hoback and Teresa D. Hoback, each in his and her Olm right, and as spouse of each other, of the ColIDty of Hall . and State of Ndlrasb. party of the fll$l part. hereinafter caI1ed the Mon...,... and The Equitable Building and Loan Association, Grand Island, . cmporatioo orpnized and aistiD& UDder the laws of the State of Nebraska party of the seooad part. haaDafter WIed the Mortp&ee. ~ 'I1Iat the aid~. f<< and in aJmiden1ion of the WIll of Forty Four Thousand One Hundred Fifteen and no/IOO -----------------------nouars ($ 44, 115.00 ). paid by the Mort- ...... the receipt of wIIic:b is heRby IlCtDlnrIecI&ed bas GRAted and Sold and by these pracIIIs does Grant. BarpiD. Sell. Convey and CoQfirin unto the Mortpaee, its _ and ass.ips. fOfft'er. the follll'wq-desaibed mil estate, situated in the County of Ha 11 . and State of Ndlras.ta. to U: Part of the Soutbeast Quarter of the Southeast Quarter (SE\SE\) of Section Twenty (20), Township Eleven (II) liorth, Range ~ine (9) West of the 6th P.M., in Hall County, Nebraska, more particularly described as foll~s: Beginning at the Southeast corner of said Section TWenty (20); thence Northerly along and upon the Hast line of said section 20. a distance of 628.0 Feet to the Southeast corner of Bel-Air Addition to the City of Grand Island. Nebraska; thence ~esterly along and upon the South line of Bel Air Addition a distance of 175.0 Feet to the actual place of beginning; thence continuing Westerly along and upon the South line of said Bel Air Addition a distance of 130.0 Feet; thence running Southerly and parallel to the Hast line of said Section 20, a dis- tance of 63.88 Feet; thence running Easterly a distance of 630.0 Fee~ to a point 66.49 feet South of the South line of said Bel Air Addition; thence running Nor~herly and parallel to the East line of said Section 10. a distance of 66.49 feet to the place of beginning excepting a certain tract as shovn in ~~arranty Deed recorded in Book 176, Page 87. of die Sinh ~ McricIiaD. .............. ill aD aacs iICaIfdiDa to Oo'lanment sunq: T. a..e .. T. ..... die prcmisa abcwe cIesaibed, _ida aI'Ilhe ~ lhmualo bcIaa&iq aDd iDthIdiDa .a 1IaIiq. ....... .... ...... rm- ad ~ BOW m bcrafter auadled to m ..... iD ~00a ..ida Slid mil alate tWo die ~kNt- ,..ee. ad to its SUIlI:ISIlIn ad IIIIips. fORWl'. The ~ 'Cp(~ to,. &lid CO'I'aIIIIIIItiwida. tbt ~ tbIt tbt Mort- ..... -1Dod riabt to .. ad CXlII1'q aid ..--.. tUl _ Ee free f.- ~ aDd .,. die Not~ 1riD 'OIRDt aDd cIef..s die _.... die Infal claims of ... penGGI ~. ucI the _ Modpreoc-IIadJJ ~ .a riaks of b r.~_. .... a1l1Ulita1 riPb. citber ill Ia. m ill eqaitJ. ud .. odIU CC--I""'C iI<<aats of die Mortpaor- ill ud to die ~ ...... ..--. Ibe iala:dioa .,.. to CllIIIftJ bc:RbF all abIoaule tide. iD fee.tiltpk. ~ aD riIIds of bomatead,. aDd other ...... ad iDteresIs . afClRSllill. ........ AIn:rI. aDd thae praeD1S &Ie aetUlecl ad deIi1aed IlpCIIl the follawiaa ~. to wia: The ~ ..... to ~ Ibe ~ m order. tile ~ _ of Fort)" Four Thousand One Hundred Fifteen and nollOO ----------.----------_____________DOIIUS (S 44,115.00 ). wiIb iaIenst en. elate at the rate or Eleven pel' aullIIIl ( D I .0 ..) pel' IlDDWD on the UIIIlUl ~ UIltiI paid.. The said priDcipaI ad iDtaest smB be ~ at the off'_ of 'The Equitable Building and Loan Associati,on. iD Grand I s land, Nebraska . m 11 sarh other pIaoe IS the boIckr of the lICte .., daipate ill -'riIiIIa. ill mclIDlhIy "-.umen', of Four Hundred Tvent)" and 12/100 ______________________ --------------_DOUarS ($420.12 ). ~ OIl the f"1l$l cia)' of January 19 sa . aDd OIl the flint cia)' of adllDODth thmafta' Wlli1 tbe priDripaJ and imlcrest are run, aUt. e3.cqIt that the f"maI PQmalt of priDcijpal aDd iDIcrat. if DOt _ paid. shaJJ be due and payable OIl &be f"1ISt cia)' of necemoor . 20 17 ; aU &cICIllrdiq to the tenDS of . certain promjssocy DOle of nm dale berewilh aeaJled by the said MOItp&Ot. ThIa form Is U8ed In connection with mortgIgM Insured Qndef the OM- to four.fwly ~ of the N.lioNII Housing Act wNch pco- vide for periodic Mortglge InsInnce PremIum ~ta. Prerious Edltlonll ~ Obsolete - HUO-ft,.. p.M EdNM) ~ , of 4 24 CFR 203..l7lb) L L L ~ ,,-,-_... -.J , , ...' ~