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<br />88-101591
<br />
<br />State of Nebraska
<br />
<br />Mortgage
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<br />ffi" Cu. No,
<br />
<br />321-1231940-203(b)
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<br />This Morlgnge, made and e1\ecuted this
<br />19 88 ,by and betw<<n Timothy D.
<br />an unmarried person
<br />of the County of Ha 11
<br />the Mortgagor, and The Equ i tab 1 e
<br />
<br />31st day of March
<br />Skibstead, an unmarried person, a/k/a Timothy Darwin Skibstead,
<br />
<br />C \~v-j D ...b\<~~
<br />
<br />, and State of Nebraska, party of the first part, hereinafter called
<br />Building and Loan Association, Grand Island, Nebraska
<br />
<br />a corporation organized and existing under the laws of the State of Nebraska
<br />party of the &<<ond part. hereinafter called the Mortgagee,
<br />
<br />WllDasetb: That the Sllid Mortgagor. for and in ~nsjderation of the sum of Th i rty One Thousand Nine Hundred and
<br />no/ 100 ______________________________________________(;)ollars ($ 31,900,00 ). 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 Confarm unto the Mortgagec, its successors and assigns. forever, the following-described real estate, situated in Ihe County of
<br />Hall , and State of Nebraska, 10 wit:
<br />
<br />Part of Fractional Lots One (1) and Two (2), in Fractional Block Two (2), in H. G.
<br />Clark's Addition to the City of Grand Island, Hall County. Nebraska more particularly
<br />described as follows, to-wit: Beginning at the Southeasterly corner of Fractional Lot
<br />One (I), in said block, running thence in a Northerly direction parallel with the
<br />Easterly boundary line of said lot a distar.ce of Sixty-Six Feet (66'), thence in a
<br />Westerly direction parallel with the Northerly Boundary line of said lot a distance of
<br />Seventy Seven Feet (77'), lhence in a Southerly direction a distance of Sixty Six Feet
<br />(66') to the alley of said block, thence in an Easterly direction a distance of
<br />Seventy-Seven Feet (77') to the place of beginning, being a rectangular tract of
<br />ground having an Easterly front or Sixty Six Feet (66') on Eddy Street in said City
<br />and a depth of Seventy Seven Feet (77').
<br />
<br />of the Sixth Principal Meridian, containing in all
<br />
<br />acres according to Government survey:
<br />
<br />To Have ..d To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating.
<br />plumbin& and lighting fIXtures and equipment now or hereafter attached to or used in connection with said real eslate unto the Mort-
<br />g&,gee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants' with, the Mortgagee. that the Mort-
<br />,&,gor has good right to sell IlIld convey said premises; that they are free from encumbrance; and that tbe Morlgagor will warrant and
<br />defend the same against the lawful claims of all penons 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, includiu& all rights of homestead, and other
<br />rights and interests as aforesaid.
<br />
<br />ProYidecl Always, and these presents are executed and delivered upon the following conditions, to wit:
<br />Thc Mortgagor agrees to pay the Mortgagee, or order, the principal sum of Thirty One Thousand
<br />no/100 -------------------------------------------- Dollars ($ 31 900.00
<br />with interest from date at the rate of Nine and One-Hal f per centum l 9.5
<br />unpaid balance until paid. The said principal and iutcrest shall be payable at the office of The Equitable Building and
<br />
<br />Loan Association
<br />in Grand Island, Nebraska ,or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Two Hundred Sixty E igh t and 23/100 -------------------
<br />-----~-------_Dollars ($ 268.23 ), commencing on the first day of Apr i I
<br />19 B8 . and on the fust day of cach month thereafter until the principal and interest arc fully paid, ex.cept that the final payment of
<br />principal and interest. if nol sooner paid, shall be due and payable on the first day of Ma r c h
<br />20 1 8 ; all according to the terms of a certain promissory nole of even date herewith eJlccuted by the said Mortgagor.
<br />
<br />Nine Hundred and
<br />).
<br />OJo) per annum on the
<br />
<br />Thlalorm 18 used In connection with mortgages Insured under the one. to lour-Iamlly programs 01 the National Housing Act whIch pro-
<br />vide for periodic Mortgage Insurance Premium payments,
<br />PrevIous Editions Are Obsolete
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<br />Page 1 of 4
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<br />- HUD-92143M (3-86 Edltlcm)
<br />24 CFR 203,17(b)
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