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87-- 100460 <br />sue. of Noti.skil Mortgage I N.. <br />— 321-1136693-703 <br />Thk Moripp, made and executed this 26 th day of January <br />19 87 bbyy and between MERLE J. GALVAN and DARLA M. GALVAN, <br />HUSSAND'AID WIFE <br />Of the County of HALL and State of Nebraska, party of the first part, hereinafter called <br />the Mortgagor and SUPERIOR MORTGAGE, INC. P.O. BOX "S" <br />GRAND ISLAM, ME 68802 <br />a corporation organized and existing under the laws of THE STATE OF NEBRASKA <br />party of the second part, hereinafter called the Mortgagee, <br />Witoomsh: That the said Mortgagor, for and in consideration of the sum of Fifty Three Thousand, Two <br />Hundred and No/ 100ths--------------- ---------- -- ---- ------------- --- Dollars ($ 53,200.00 ),paid by the Mort- <br />gsilee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey <br />and Confirm 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: <br />LOT SEVEN (7), BLOCK ONE (1), PLEASANT VIEW ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, <br />of the sixth Principal Meridian, containing in all <br />acres according to Government survey: <br />To Have and To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating, <br />plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort- <br />gagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort- <br />gagor has good right to sell and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and <br />defend the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of <br />homestead, and all marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above - <br />described premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other <br />rights and interests as aforesaid. <br />Prodded Always, 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 Fifty Three Thousand, Two Hundred and <br />No/ 100ths---------------------------- -- ----- ------ --------- ----- ---- Dollars (S 53,200.00 ). <br />with interest from date at the rate of Nine and one half per centum ( 9.500 %s) per annum on the <br />unpaid balance until paid. The said principal and interest shall be payable at the office of SUPERIOR MORTGAGE, INC. <br />P.O. BOX "S" <br />in GRAND ISLAND, NE 68802 or at such other place as the holder of the note <br />may designate in writing, in monthly installments of Four Hundred Forty-Seven and 331100ths ------------------------- <br />Dollars (S 447.33 ), commencing on the first day of March <br />19 87 , 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 February <br />2017 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor. <br />This form is used in connection with mortgages insured under the one- to four-family programs of the National Housing Act which pro- <br />vide for periodic Mortgago Insurance Premium payments. _ <br />Previous Editions Are Obsolete HUD-92143M 24 FR 3.17(b) <br />Page 1 of 4 24 CFR 203.17(b) <br />