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<br />State of Nebraska
<br />88-101908
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<br />Mortgage
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<br />This Mortgage, made and executed this 15th day of April
<br />1988 ,byandbetween Dennis D. Eastman and Carlla K. Eastman, each in his and her
<br />own right, and as spouse of each other,
<br />of the County of H a 11 , and State of Nebraska, party of the first part, hereinafter called
<br />theMortgagor,and The r;quitable Building and Loan Association, Grand Island, Ne..
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<br />a corporation organized and existing under the laws of the S tat e 0 f Neb r a s It a
<br />party of the second part, hereinafter called the Mortgagee,
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<br />WltaeNetll: That the said Mortgagor, for and In consideration of the sum of Six t y F 0 u r Tho usa n d N i n e Hun -
<br />d r e"d F i f t Y . and no/ I 0 0 - - - - - - - - - - - - - - - - - - - - - - - - - Dollars ($ 6 4 , 9 5 0 . 0 0 ), paid by the Mort-
<br />gqee, the rnipl of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />and Confirm unto the Mortgagee, its successors and assigns, forever, the following-described real estate, situated in the County of
<br />H a 11 , and State of Nebraska, to wit:
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<br />Lot Four (4), Colonial Estates Fourth Subdivision, in the City of Grand
<br />Island, Hall County, Nebraska.
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<br />of the Sixth Principal Meridian, containing in all
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<br />1594 Square Feet
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<br />8lI:a. according to Government survey:
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<br />To Haft ... To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plwnbioa andli&htina fIXtures and ~uipmcnt now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />.-.ee, and to its lucceuon and auigns, forever. The Mortgaaor represents to, and covemmts' with, the Mortgagee, that the Mort-
<br />PIOr has load. rilbt CO Idl and convey ~d premises; that they are free from encumbrancc; and that the Mortgagor will warrant and
<br />.fend the same IpiDIt the lawful claimJ of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />bomcstcad, ancI all m.aritaI ri&htl, either in law or in equity, and all other continaent interests of the Mortgagor in and to the above.
<br />daaibed premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />riIbtI ami interests IS aforesaid.
<br />1'1-...111 AIwQI, and these presents are executed and delivered upon the following conditions, to wit:
<br />The MOI'IJqor qrees to pay the MortPlee, or order, the principal sum of Six t y F 0 u r Tho usa n d N i 11 e Hun -
<br />d red F i f ty and 110 J I 00 ~- --- --- -- -- - - ~- -- ----- -Dollars ($ 64 ,950.00 ),
<br />with interat from date at the rate of N i n e and 0 n e - H a 1 f per centum ( 9 . 5 '70) per annum on the
<br />unpaid bIJaDc:e until paid. The said principal and interest shall be payable at the office of The E qui tab 1 e B u i 1 din g
<br />and Loan Association
<br />in" G ran d I s 1 and, Neb r ask a I or at such other place as the holder of the note
<br />maydaipateinwrilina,inmonthlyinstallmentsof Five Hundred Forty Six and 13/100 ----------
<br />- - - - - - - - - - - - - - Dollars ($ 546 . I 3 ). commencing on the fIrSt day of May,
<br />19 88 ,aDd on the rU'1t day of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />prindpal ud interat, if not sooner paid. shall be due and payable on the fIrSt day of April,
<br />20 18 ; all aa:ordinl to the tenm oi a certain promiuory note of even date herewith executed by the said Mortgagor.
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<br />Thll form II uMd In connecllon with mortgages Insured under the one. to four.famlly programs of the National Housing Act which pro-
<br />vide for periodic Mortgage In,",ranee Premium payments. .
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<br />Previous Editions Are Obsolete HUD-92143M (3-88 Edition)
<br />Page' of 4 24 CFR 203.17(bl
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