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State of Nebraska Mortg,ge 88-104560 FHA c... No. 321 1268406 203(b) nu Morlpae. made and executed this 18th day of August 1988 . by and between Donald J. Lawrence and Margaret S. Lawrence, each in his and her own right. and as spouse of each other, of tbe County of Hall !be Mortl8lDl'. ODd The Equitable Grand Island, Nebraska a corporalion orpDlzed and exillins under tbe laws of the State of Nebraska party of the accond pan. bereinafter called tbe Mortsaa", , ODd State of Nebraska, party of the first pan, hereinafter called Building and Loan Association, 113-115 North Locust Street Wl-..: nit the said Mortlllor. for and in consldcration of the sum of Sixteen Thousand Six Hundred and not 100 ------------------------------------------------ Dollars ($ 16,600.00 ), paid b)'lhe Mort. ...... tbe receipt of which is hereby aclmowled,ed. hu Granted and Sold and by tbese presents docs Grant, Barpla, Sell. Convey and Confirm unto the Mort'II". Its succalGrs and usilns, forever, the followlnS-dcscribcd real estate, situated in the County of Hall . and State Of Nebruka, to wit: The West One Hundred (100) feet of the North Sixty-Six (66) Feet of Block Six (6) of Pleasant Home Subdivision of part of the East Half of the Southeast Quarter (E1SE%) of Section Twenty One (21). in Township Eleven (II) North. Range Nine (9) West of the Sixth P.M.. Hall County. Nebraska. Of the Sixth PriDclpaI Meridian. contalnlai In all acres aca>rdllllto Government lurvey: To II8ftI ... To BoN the premisea lbove dcacrlbcd. with all the lppurteDIIICCll thereunto bclon8lnl and Indudinl all beall"" plumblaa and Il&btlna IIatura and equlpmeal now or hereafler IllIChed to or used in connection wllb said real atate unlO tbe Mort- ..... and to Ita __ and UIIps, forever. The MOI1JIIor rcpreICIIlS to, and covcoanlS' witb, the MorlJqeO, that tll< Mort- PIDI' Iw iocd rilbllO MIl and conVll' said premises: thai they arc free from encumbrance; and \bat tbe Monpaor will warrant and dcfeod the same apinsI the lawful claims of all persons wbomsoever: and 1M IIid MClrtJIIOr hereby reUnqullba all rl&bts Of ~. and all awItaI rilblS, either in law or in equllY, and all other CODtiD&en1 Interests Of the Monlllor In and to tbc lbove- dacribod prcmiIa. the intention bcIni to convey hereby an IbIOlute title, In f.. simple, Includlnl all ri,bts of bomalead, and olber rip\l ud Ialera\I u Iforeaald. "...... AIwQI. and tbeIc presents arc eucuted and cIcIlvercd upon lhe followinl condJtions, to wll: 1be Mor\lllOf qras 10 pay lhe Mort..... or oreler,tbe principal sum Of Sixteen Thousand Six Hundred and no/lOa -----------------------------------------------DoUan (5 16.600.00 I, with iIllereat from dale II the rile of Ten per centum ( 10.0 'Vol per annum 00 Ihe unpaid '-Ianc:c until paid. Tbc said prlnclpaland inlerest sball be paYlble II the office of The Equi table Building and Loan Association, 113-115 North Locust Street, Grand Island, Nebraska, In Grand Island. Nebraska ..1f II such other place u lhe bolder of lhe nOle may daiaDate In wrllinl, in montbly Installments of One Hundred Seventy Eight and 39/100 ---------------- ----------------DoUars ($ 178.39 ), commcnclna on lhe first day of October 19 R R , and on lhe Ilrst day of each montb lbercafter unlll tbc principal and in.erest ore fully paid, except thaI the final paymenl of principal and in_. If nol sooner paid, shall be due and payable on lhe first day of September, 2lIO 3 : all accordllll 10 tbe Imm of a certain promluory nOle of even dale berewith euculcd by th. said Mort.llor. 11118 form II uMCIln connacllon with mortuau- InluM unclar tM on. 10 four.famlly program. ollha National Hauling Acl wI1lch pro. J vida far pertadlc Mort_ '"""ranee PrMllum paymanll. _IoUI Edlllon. A.. OblOllle HUD-t21UM 1_ Edlllan) Page , 01 . 24 CFR 203.17(b)