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<br />87— 101712
<br />State of Nebraska Mortgage FN. e.» tom.
<br />321- 1162215 -703
<br />This Mortgage, made and executed this 30th day of March
<br />19 87 , by and between Milton F. Ehly and Diane C. Ehly, 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., 2121 North Webb Road, ,
<br />P.O. 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 />Wihesseth: That the said Mortgagor, for and in consideration of the sum of Forty One Thousand Six Hundred
<br />Fifty and No /100's — -- Dollars (S 41, 650.00 ), paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Self, Convey
<br />and Confirm unto the Mortgagee, its successors and assigns, forever, the for towing- desa9bed real estate, situated in the County of
<br />Hal l , and State of Nebraska, to wit:
<br />Fractional Lot Four (4), _P. bic:k One fiundred Sixteen (116), Railroad
<br />Addition to the City of Grand Island, Hall County, Nebraska and Fractional
<br />Lot Four (4), in Block One Hundred Sixteen (116), in Koenig and Wiebe's
<br />Addition to the City of Grand Island, Hall County, Nebraska, excepting
<br />therefrom the Northerly Eighty Five and Three Tenths (N 85.3) Feet thereof.
<br />Of the Sumb Principal Meridian, containing in all
<br />awes according to Government sttrmy
<br />To Have aid To Heil the premises above described, with all the appurtenances thereinto belonging and including all hag,
<br />phmnbdng and lighting fixtures and equipment now or bereafts 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 Mat
<br />gaga 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 int - �ts of the Mortgagor in and to the above-
<br />described premises, the intention being to convey hereby an absoluse title, in fee simple, in g all rights of homestead, and ?xher
<br />rights and interests as aforesaid.
<br />1Prenided Abram and time presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay the Mortgagee, or order, the principal seem of Forty One Tt ousand Six Hundred
<br />Fifty and No /100's Dohtars (S 41, 650.00 ),
<br />with interest from date at the rate of Nine per Cenhnm ( 9.0 %) per annum on the
<br />unpaid balsam tmtil paid. The said principal and interest shati be payable at the office of
<br />Superior Mortgage, Inc., 2121 North Welt Road, 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 Three Hundred Thirty Five and 13 /100' S
<br />(S 335.13 ), commencing on the first day of June
<br />h9 87 , and on the --Dollars first day of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />principal and inter , if not sooner paid, shall be due and payable on the first day of May
<br />20 17 ; all acoocdmg 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 !no-
<br />t"s for pares Mortgage insurance Premium oavments.
<br />Previous Editions Are Obsolete MiNNQltugs aiia =-
<br />Page 1 of 4 14 CFR 203.1 -f(bl
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<br />IN
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