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<br />'I <br /> <br />if 1.51tJ 10035 9 <br /> <br />') <br /> <br />87- 106587 <br /> <br />St&te of NI'braska <br /> <br />Mortgage <br /> <br />I 'HAC....,. <br />J21-1eIa320-703 <br /> <br />This MortlIP. made and exet:Uled this <br />117 . by and between <br />IlIClIEL S. IIlLLIAIIS.nd 5A11DY S. WILLIAIIS, IIJSIIlHJ) lIIlII WIFE <br />or the County of tRl. <br />the Mortgagor, and 1iIIlERI1Il1IJT., lIE. <br />P,o..1OX 'S', llRlIIIIlllUlIII, lIE L8802 <br />a corporation organized and existing under the laws of TIE STATE [f IEIlASKA <br />party of th~o.nd part. hereinaner called the Mortgagee. <br /> <br />Uti! <br /> <br />day of <br /> <br />HovRbIr RE.RECORDED 88-105745 <br /> <br />. and Slale of Nebraska, party of the first part. hereinafter caOed <br /> <br />WllDaIelb: That the said Mortgagor, for and in consideration of the sum of <br />Forty 'TIO 1Iulu..1IlI.~lIIIlIoIlooth. Dollars ($ ~2,04lO.oo ), paid by the Mort- <br />gagee, the receipt of which is hereby acknowledged. has Grimed and Sold and by these presents doC's Grant. Bargain. Sell, Convey <br />and Confirm unto the Mortgagee, its successors and assigns. forever. the following-dcscribcd. real estate, situated in the County of <br />HrtL . and SlBle of Nebraska, to wit: <br /> <br />LOTS FIVE 151 AHD SIX ('I, 1M IIUlCl FIUl m, 1M UIIIE HILL AIlDITIIII TO TIlE CITY OF liRAHD ISLAIlIl, IW.L C1XJIIIY, 1EIlASKA. <br /> <br />AND l <br /> <br />The Westerly 6.5 Feet of the Southerly 68 Feet of Lot Seven (7), Bloek Four fi^ "..J. <br />(4), Vine Hill Subdivision, an Addition to the City of Grand Island, Hall county,fiI' <br />Nebrasks <br /> <br />**This Mortgage is being re-recorded in order to correct the legal description. <br /> <br />of lbe Sixth Prioelpal Merldiao, coolBioioS In aU <br /> <br />acres according to Government survey: <br /> <br />To Have ud To Hold the premises above described. with all the appurtenances thereunto belonging and Including all healing, <br />p1umbina. and IiShlinS fixtures and equipment now or hereafter ottached to or used in connection with said real estate unto the Mon. <br />saa=. and to its successors and assigns, forever. The Mortll&80r represents to, and covenants with, the Monpllee, that the Mort. <br />&BIOr has load right to sell and c:onvey laid premises; that they arc free from encumbrance; and that the MortBBlor will warrant and <br />defend same against the lawful claims of al1 persons whomsoever; and the said Monpsor hereby relinquishes all rights of homcstead. <br />and all marital rishts, ellher In law or In equity, and all other contingent interests of the Mortsagor In and to the above-dCSt:ribcd <br />premises, the intention beins to convey hereby an absolute title, In fee simple, including all rights of homestead, and other rights and <br />Interests as aforesaid. <br />Proftded Alwa,., and these presents are executed and delivered upon the foUowlng conditions, to wit: <br />The MonSasor qrees to pay the Mortgagee, or order. the principal sum of <br />Fany TIO 11Iauund .... IIoIlooth. Dollars (5 42,04lO.oo <br />with the interest from date at the rate of EllYtn per centum ( 11.000 <br />unpaid balance until paid. The said principal and interest shall be payable at the office of <br />SlIlUllllllUl~, lIE. P.O. lOX .S. <br />in IIlAIID ISLMI. IE 61102 ' or at such other place as the holder of the note <br />may designate in writins, 10 monthly IlIIlallmeo15 of 111m IUndrtd MlllIty-H11lI .nd ~ll00th. <br />DoUars (5 m.4J6 ), commencing on the first day of llOUIT)' <br />I!U , and on the first day of each month thereafter until the principal and interest arc fully paid. except thai final payment of <br />principal and interest, if not sooner paid, shall be due ~d payable on the first day of DletlbIr <br />2Q.7 ; all according to the terms of D certain promissory note of even dale herewith cx~culed by lhe said Monsagor. <br />This form 1& used In connection with mortgages Insured under the one. to 'our.famlly programs of the National Housing Act which reo <br />quire a One-T1me Mortg.ge Insurance Premium payment (Including aectlons 203(b) and (I)) In accordance with the regulations for those <br />programs. <br />Previous Editions Are Obsolete <br /> <br />), <br />1170) per annum on the <br /> <br />p;ge'1 of ~ <br /> <br />HUD.U2143M.1 (11.86 Edillonl <br />24CFR 203,17(al <br />lie;!\-- <br />