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<br />State of Nebraska <br /> <br />88- 102758 <br />Mortgage <br /> <br />) <br />..,,. <br /> <br />fIlA Ca.. ..... <br /> <br />321 1244599 203(b) <br /> <br />Db Mortpp. made and executed this 26th <br />1988 . by and between James T. Jackson <br />as spouse of each other, <br />of the County of Hall <br />the MortPlor, and The Equitable <br /> <br />day of May <br />and Gerri L. Jackson. each in his and her own right, and <br /> <br />, and State of Nebraska, party of the rll'st part, hereinefter called <br /> <br />Building and Loan Association, Grand Islan4. Nebraska <br /> <br />a corporation or.anized and cxistinJ under the laws of the State of Nebraska <br />party of the IC(;()nd part. hereinafter called the Mortglllcc, <br /> <br />WltMIIedI: That the said Mortlllor, for and in consideration of the sum of Twenty Thousand Five Hundred Fifty <br />and no/ 100 ____________________________________________DoUars ($ 20,550 .00 ), paid by the Mort- <br />PlCC, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar.ain, SeD, Convey <br />and Confmn unto the Mortl8lee, its successors and assisns, forever, tht: following-describcd real estate, situated in the County of <br />Ha 11 , and State of Nebraska, to wit: <br /> <br />Lot One Hundred- Fort.y-Six (146), in Buenavista Subdivision. an Addition to the City <br />of Grand Island, Hall County, Nebraska. <br /> <br />of the Sixth Principal Meridian, containina; in all <br /> <br />acres according to Government survey: <br /> <br />To Haft ud To Bold the premises above described, with all the appurtenances thereunto belonsing and including all beating, <br />plumbing and liahting fIXtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort- <br />aaaee, and to its Succ:esIOrI and uai&ns, forever. The Mortpgor represents to, and covenants' with, the Mortgagee, that the Mort- <br />Plor hu good riaht to sell and convey said premises; that they are free from encumbrance: and that the Mortl8&or will warrant and <br />defend the same apinst the lawful claimI of all persons whomsoever; and the said Mortgagor hereby relinquishes all riahts of <br />homestead. and all marital riahts. either in law or in equity, and all other contingent interests of the MortPlor in and to the above- <br />described premises. the intention beiDa to convey hereby an absolute title, in fee simple, including all rights of homestead. and other <br />riahu and interests u aforesaid. <br /> <br />ProwIW AIwaJs. and these presents are executed and delivered upon the fonowing conditions. to wit: <br />The Mortpaor ~ to pay the Mortp&u. or order, tbe principal sum of Twenty Thousand Five Hundred Fifty <br />and no/IOO ________________________________________Dollius~ 20,550.00 <br />with interelt from date at the rate of Nine and One-Half per centum ( 9.5 <br />unpaid balance until paid. The said priDcipaland intereSt shall be payable at the office of The Equitable <br />Loan Association, Grand Island, Nebraska, <br />in Grand Island, Nebraska, . or at such other place as the holder of the note <br />may cSesipate in writiq, in monthly installments of One Hundred Seventy Two and 80/100 ------------------ <br />_______________ Dollars (S 172.80 ). commencing on the fll'st day of June <br />19 88 ,and on the imt day of each month thereafter until the principal and interest are fully paid. except that the final payment of <br />principsl and interest. if not sooner paid. sbllll be due and Payable on the first day of May <br />20 18 ; all according to the terms of a certain promissmy note of even date herewith executed by the said Mortgagor. <br /> <br />). <br />OJo) per annum on the <br />Building and <br /> <br />This form Is uHd In connection with mortgages Insured under the one- to four-family programs of the National Housing Act which pro- <br />vide for periodiC Mortgage Insurance Premium payments. <br />Pl'8Ylous Editions Are ObsOlete HUo.82143M (WI Edition) <br />Page 1 of 4 24 CFR 203.17(b) <br /> <br />L <br /> <br />L <br /> <br />_J <br />