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<br />88-102599
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<br />St.'e of Nebr.lka
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<br />Mortgage
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<br />."ItA ee.. No.
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<br />321 1223859 203(b)
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<br />nIa Mortpp. made: and executed this
<br />19 88. by and between K. Morris
<br />as spouse of each other,
<br />of the County of Saunders
<br />the Mortplor, and The Equitable
<br />
<br />20th day of May,
<br />Davis and Joyce C. Davis, each in his and her own right, and
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<br />, and State of Nebraska, party of the fUlt part, hereinafter called
<br />Building and Loan Association , Grand Island
<br />
<br />a corporation orpniz.ed and existina under the laws of the State of Nebraska,
<br />party of ~e second ,part, hereinafter callCd the Mortpgee,
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<br />Wi.......: That the said Mortpgor, for and in consideration of the 3um of Forty Five Thousand One Hundred
<br />Fifty and no!JOO ______________________________________.DolWs ($ 45,150.00 ), paid by theMort-
<br />PiClC, the receipt of which is hereby ac:knowlcdled, has Granted and Sold and by these presents does Grant; Bargain, Sell, Convey
<br />and Confinn unto the MOrtPlClC, itl succesaors and assigns, forever, the following-deacribed real estate, situated in the County of
<br />Hall ,.and State of Nebraska, to wit:
<br />
<br />Lot Thirteen (13), 'Scheel's Subdivision, being a part of Section Thirty-Two (32),
<br />Township Eleven (11) North, Range Nine (9), West of the 6th P.M., in Hall County,
<br />Nebraska.
<br />
<br />of the Sixth Principal Meridian, containina in all
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<br />acres according to Government survey:
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<br />To Haft .... To e.... the premises above described, with all the appurtenaDtcS thereunto beloDlinl and includiD& all beatiDa,
<br />plumbiq and Ulhtina fixtures and equipment now or hereafter attached to or UIClCI in connection with said real estate unto the Mort-
<br />PIClC. and to itllUCCCllOrs and uaiana, forever. The M01'tJ&Ior represents to, and covenants' with, the Mortppe, that the Mort-
<br />PIOI' bu loocl riaht to IdllUd convey said premisai that they are free fromencumbrancei and that the Mortpaor will warrant and
<br />defend the same apinat the lawful claiml of all persons whomsoeveri and the said MOrl&llor hereby relinquishes all riahts of
<br />homestead, and all marital riahts, either in law or in equity, IUd all other continaent interests of the MortIIIOr in and to the above-
<br />delcribed premises, the intention beina to convey hereby IU absolute title, in fee simple, inc1udiq all riahts of homestead, and other
<br />riahts and interestl u aforesaid.
<br />Pro~ AlwQI. and theIe presents are executed and delivered upon the followinJ conditions, to wit:
<br />The MortlBlor qrees to pay the MortllllClC, or order, the principal sum of Forty Five Thousand One Hundred Fifty
<br />and nollOO -----------------------------------------f)ollars ($ 45, 150.00 ),
<br />with interclt from date at tbe rate of Nine and One--Ha 1 f per centum ( 9.5 1ft) per annum on the
<br />unpaid balam:e untO paid. The said princ.ipallUd interest shall be payable at the office of The Equitable Building and
<br />Loan Association
<br />in Grand Island, Nebraska ,or atsuch other place as the holder of the note
<br />may desipate in writina, in monthly installments of Three Hundred Seventy Nine and 65/100 --------------
<br />--------------Dollar. ($ 379.65 ), commencina on the fust day of June '
<br />19 88, IUd on the fUlt (by of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />principal and interest, if DOt sooner paid, shall be due and payable on the fUlt day of May
<br />20 18 i all accordinJ to the terms of a certain promiuory note of even date herewith executed by the Slid Mortllllor.
<br />
<br />Thll form II uNcI In connection with mortgages Insured under the on. to four-family programs of the National Houllng Act which pro-
<br />vide lor periodic Mortg8ge Inlul1lllce Premium payments.
<br />Previous Editions Are Obsol.te HUlM21Qti1l (3-11 EdIIIoIl)
<br />Plge 1 of '" 24 CFR 203.17(b)
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