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<br />88-102793
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<br />Slale of Nebraska
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<br />. Mortgage
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<br />FHA C... No.
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<br />321 1244389 203(b)
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<br />Tbis Mortaaae, made and executed this 27th day of May
<br />19 88 ,by and between Pamela S. Swanson, an unmarried person
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<br />of the County of
<br />the Mortsagor, and
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<br />Hall . and State of Nebraska, party of the first part, hereinafter called
<br />The Equitable Building and Loan Association, Grand Island
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<br />a corporation orsanized and existins under the laws of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
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<br />Wltllelletb; That the said Mortgagor, for and in consideration of the sum of Forty Thousand Five Hundred and
<br />no/I 00 ------------------------------------------------- Dollars ($ 40,500.00 ), paid by the Mort-
<br />lliee. the receipt of which is hereby acknowledged, hu Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />and Confmn unto the Mortgliee, its successors and assigns, forever, the foUowing-described real estate, situated in the County of
<br />Hall , and Stste of Nebraska, to wit:
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<br />Lot Eight (8), Block Four (4), in Gilbert's Addition to the City of Grand Island~ Hall
<br />County, Nebraska.
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<br />of the Sixth Principal Meridian. containing in all
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<br />acres according to Government survey:
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<br />To Ha.c ud To Hold the premises above described, with all the appurtenances thereunto belonging and includina all beatin&,
<br />plumbing and lighting fIXtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />PlCC, and to its successors and assigns. forever. The Mortgagor represents to. and covenants' with, the MortJ81cc, that the Mort-
<br />glior has good right to seU and convey said premises: that they are free from encumbr411ce: and that the Mol'tp&or will warrant and
<br />defend the same qainst the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all riahts of
<br />homestead. and all marital rights, either in law or in equity, and all other conti11lent interests of the Mortp&or in and co the above-
<br />described premises. the intention beins to convey hereby an absolute title, in fee simple, includins all rights of homestead, and other
<br />rights and Interests II! aforesaid.
<br />Prondecl AI".,., and these presents arc executed and delivered upon the foUowi11l conditions. to wit:
<br />The Mortpaor aarees to pay the Mortgasee, or order, the principal sum of Forty Thousand Five Hundred and
<br />no/I 00 ______________________________________________Dollars ($ 40,500,00
<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 Equitable
<br />
<br />Loan Association, Grand Island,
<br />in' Grand Island, Nebraska, ,oratsuchotherplaceastheholderofthenote
<br />may designate in writing, in monthly installments of Three Hundred Forty and 55/100 ----------------------
<br />_______________ Dollars ($ 340.55 ), commenclna on the first day of June
<br />1988 ,and on the first day of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />principal and Interest. if not sooner paid, shall be due and payable on the first day of May
<br />20 18 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />
<br />),
<br />.,.) per annum on lhe
<br />Building and
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<br />This form Is used In connection with mortgages Insured under the one. to four-family programs of the Natlon~ ~ouslng Act which pro-
<br />vide for periodic Mortgage Insurance Premium payments. '
<br />Previous Editions Are Obsolete - HUD-92143M (3-88 Edition)
<br />Page 1 of 4 24 CFR 203.17(b)
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