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87_ 101573
<br />State of Nebraska Mortgage I F„ C",,,
<br />1 321- 1173303 -703
<br />This Mortgage, made and executed this 23rd day of March
<br />19 87 , by and between Timothy A. Beilke and Karen G. Beilke, Husband and 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.
<br />P. 0. Box "S ", Grand Island, NE 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 />Witstesatii: That the said Mortgagor, for and in consideration of the sum of Fifty Eight Thousand Eight Hundred
<br />Fifty and No /100ths ----- -- - - - --- _— ______— DoElars (S 58,850.00 ), paid by the Mort-
<br />gagee, 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 fohowiog- described real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit.
<br />Lot Four (4), Western Heights Fourth
<br />Subdivision, Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all
<br />acres according to Goveriument saawr
<br />To Hart and To Hold the premises above described, with all the appurtenances du betcuoging and inqud;ng all h
<br />pilambittg and righting flusters and equti)rnteat now or hereafter attached rd used is corned with said reef estate unto the Mort
<br />gager, and to its successors and assigns, forever. The Mortgagor ropruax>sta to, and coreeants with, the Mortgagee, that the Mott
<br />gager has good right to sell and convey said premhses; that they are free from encumbrance; aza:1 that the Mortgneor win warrsat and
<br />defend the same against the lawful claims of all pawm whomsoever; and the said Mortgagor hereby rdmgtrishes all rights of
<br />hameatad, and all marital rights, eider in law or in equity, and all other contiogena interests of the Mortgagor in mad to the above -
<br />dexaibed premises, the intention being to convey hereby an absolute ude, in fee simple, mduding all rights of homesteadL and other
<br />tights and interests as aforesaid.
<br />Prvrkied Al+eags, and these pratawts are executed and deliver upon the following caadigious, to wit_
<br />The Mortgagor agrees to pay the Mortgagee, or order. the primal sum of Fifty Eight Thousand Eight Hundred
<br />Fifty and No /100ths --- — ----- ---_ -- - - - - -- -mom ($ 58,850.00 ).
<br />with interest from date at the rate of Nine per 9.00 %) per a>ffir® on the
<br />uuWed balance anr7 land. �f a said principal and interest shall be payable at the office of Superior Mortgage, Inc.
<br />P. 0. Box S
<br />in Grand Island, NE 68802 or at such other place as the holder of the note
<br />may design in writing, in monthly installments of Four Hundred Ninety Three and 87 /100ths - - - --
<br />--~---- -- 1)o0ats (S 493.87 ). commencing on the first day of May
<br />19 87 and on the rust 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 fiat day of April
<br />20 12 ; all according to the terra of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />ThIS forth Is used in oonnect1w with mortgages Insured under the ens to f w4unify proprarea of the National Housing Act which pro-
<br />vide for porlodc Mortgtya Inewnnco Premium payments.
<br />Previous Editions Are Obsolete
<br />Pape t of 4 24 CM 203.17(b)
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