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<br />State of Nebraska
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<br />88-{0 ;).78 CJ...
<br />Mortgage
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<br />FHA CI.. No.
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<br />321 1254783 203(b)
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<br />This Mortgage, made and executed this 27 t h day of Ma y
<br />19 88, by and between Sarah K. Parker, an unmarried person,
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<br />of the County of Hall ' and State of Nebraska, party of the ftrst part, hereinafter called
<br />the Mortgagor, and The Equitable Building and Loan Association, Grand Island,
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<br />a corporation organized and existing under the laws of the State of Nebraska
<br />party of the setond part, hereinafter called the Mortgagee,
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<br />Wltnesselb: That the said Mortgagor, for and in consideration of the sum of Twenty Two Thousand Focr Hundred
<br />and no/ 100 ------------------------------------------- Dollars ($ 22,400.00 ). paid by the Mort-
<br />gagee, the receipt o( which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />and Confmn unto the Mortgagee, its successors and assigns, forever, the following-described real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit:
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<br />Lot Four (4), Chateau Orleans, a Subdivision in the City of Grand Island, Hall County,
<br />Nebraska,
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<br />of the Sixth Principal Meridian, containing in all
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<br />acres according to Oovc:mmcnt mrve)':
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<br />To Ha\'e ud To Hold the premises above described, with all the appurtenances thereunto tw:lonainl and includina all bea.tiDi,
<br />plumbing and lighting fIXtures and equipment now or hereafter attached to or used in connection with said real estate unto lhe Mon-
<br />Piee, and to its successors and assigns, forever, The Mortgagor represents to. and covenants' with, the Mortplee. that the Mort-
<br />gagor has good right to sell and convey said premises; that they are free from encumbrance: and that the Mortpaor will .-arrant and
<br />defend the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes aU JiPts of
<br />homestead, and all marital rights, either in law or in equity, and all other contingent interests of the MOl"lS&lor in and to the abo\'e-
<br />described premises, the intention being to convey hereby an absolute title, in fee simple, including all rights or homestead, :md other
<br />rights and interests as aforesaid,
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<br />Provided Alw:!)'t, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay the Mortgagee, or order, the principal sum of Twenty Two Thousand Four Hundred and
<br />no/ I 00 ______________________________________________Bollars ($ 22,400.00
<br />with interest from date at the rate of Nine and One-Hal f per centum ( 9.5
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of The Equ i t ab 1 e
<br />Loan Association, Grand Island,
<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 One Hundred Eighty Eight and 35/100 -----------------
<br />---------------Dollars ($ ) 88.35 ), commencing on the ftrst day of June
<br />19 88, and on the first day of each month thereafter until the principal and interest are fully paid, except that tile final payment of
<br />principal and interest, if not sooner paid, shall be due and payable on the ftrst day of May
<br />20 18 : all according to the terms of a certain promissory note of even date herewith executed by the said Mongagor.
<br />
<br />),
<br />~) per annum on the
<br />Building and
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<br />- -
<br />This 'orm 19 used In connection with mortgage6 In6ured under the one- to four-family programs of the National Houi!.lnQ Act which pro.
<br />vide for periodic Mortgage Insurance Premium payments.
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<br />Previous Editions Are Obsolete
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<br />Page 1 01 4
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<br />- HUD-92143M (3-86 Edition)
<br />24 CFR 203.17(b)
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