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<br />88--..103535
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<br />State of Nebr.ska
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<br />- Mortgage
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<br />FHA ea.. No.
<br />321 1253243 203(b)
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<br />1'IdI Mortpp, made and executed this 30th day of June
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<br />19 88,byandbetween Patrick K. Farritor and Betty M. Farritor, each in his and her own right.
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<br />and as spouse of each other,
<br />of the County of Ha 11 ' , and State of Nebraska, party of the fll'St part, hereinafter called
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<br />~Mort~M.~ The Equitable Building and Loan Association, Grand Island,
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<br />a corporation orpnized and exiatins under the laws of the State of Nebraska
<br />party of the second part, hereinafter called the MortPlee,
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<br />Wi.......: That the said Mortaalor, for and in consideration of the sum of Sixty Two Thousand Three Hundred
<br />Fifty and no/l 00 --------------------------------------Do11ars ($ 62,350.00 ), paid by the Mort-
<br />Nee, the receipt of which is hereby acknowledied. has Granted and Sold ~ by these presents does Grant, Bargain. Sell, Convey
<br />and Confirm unto the Mortplee, its succ:esson and asians, 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 Twenty-five (25), Block Two (2), Normandy Estates Subdivision, an Addition to the City
<br />of Grand Island, Hall County, Nebraska,
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<br />of the Sixth PrincipuJ Meridian, CODtainina in all
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<br />acres ac:c:ordina to Government survey:
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<br />To IIa'N ... To Held the premisa above desaibed. with all the appurtenaDces thereunto be10naina and includiq all heatina,
<br />plumbiq ad liahtina fixtures and equipment now or hereafter auadled to or used in connection with said real estate unto Ihe Mort-
<br />...., and to its IUcceuorl and uaips, forever. The MortPlor rcpreacnts to, and covenants' with, the Mortppe, that Ihe Mort-
<br />PIOI' baa aood riabt to sell and convey said prcmisa; that they ue free from encumbrance; and that tile MortIIIOr wiD WIII'Ut ad
<br />defeocl the SlIDe qainst tbe lawful c:1aimI of aU perIODS wholDJOC\'ll'; ad the uid MortJqOr bereby relinquilbel aU riahtl of
<br />bomeItad. IDd all IDIritaI riabts, either in law or in equity. and all otber cootlnpnt interats of the MOl1IIIOf in aDd to the aboYe-
<br />delc:ribed premiIeI, the intention belna to convey hereby a absolute title. in fee simple. includina all riabts of homestead. and other
<br />riabU and IDtereItI as aforaald.
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<br />...,,111.. AIwIJt. IDd theN presents are aec:uted and delivered upon the foUowina conditions, to wit:
<br />11M MortIqor..... to pay tile Mort..... or order, the prindpalsum of Sixty Two Thousand Three Hundred
<br />Fifty and no/l 00 -------------------------------------Dollan ($ 62,350.00 ).
<br />with interest from date AI tbe rate of Ten per centum ( 10.0 .,.) per annwn on the
<br />uapUd balance uotil paid. The said priDdpalad interest shall be payable at the office of The Equitable Building and
<br />Loan Association,
<br />In Grand Isla.nd, Nebraska, ,or at such other place u the holder of the note
<br />may .Ia,.II. 10 wrltint, in moothly installmt.OlJ of Five Hund red Forty Seven and 17/100 -----------------
<br />-----------------DolIars (S 547. I 7 . ), commenc:lna on the firat day of Ju 1 Y .
<br />19 88 ,and on the rll'll day of each month thereafter until the principal and Interest are fuUy paid, except that the Rnal payment of
<br />priIIdpel and IDt<<tIt. if not sooner paid. .ball be due and payable on the first day of June
<br />20 18 i aU ICCOI'din. to tile t... of a certain promluory note of even date herewith executed by the laid Monaaaor,
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<br />T~ form I. uNCI In connection with mortgtlgH In.uf*! under th. one. to four.famlly program. of the National Hou,'ng Act which pro.
<br />vide for J*1OdIO Mot1~ Inauranctl Premium PfIYJMflt..
<br />Pmlou, edition. Are oo.ol'tl -- HUM't41M tMlldltlon)
<br />Page 1 of ~ 2_ CFA 203.17(b)
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