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87-- 101729
<br />State of Nebraska Mortgage
<br />321 - 1162244 -748
<br />111is Mortgage, made and executed this 27 th day of Narch
<br />19� 8 by at,d between STEVEN J. JONES and so DRA J. JONES,
<br />of the County of HALL
<br />the Mortgagor, and SUPER I OR MORTGAGE, INC. P.O. BOX us" and State of Nebraska, patty of the fast part, heeeinafter called
<br />GRAND ISLAND, NE 68802 >
<br />a corporation oraanized and existing under the haws of THE STATE OF NEBRASKA
<br />party of the second part, hereinafter called the Mortgagee,
<br />WltaseafD: That the said Mortgagor, for and in consideration of the sum of Thirty One Thousand, Three
<br />Hundred Fifty and No/ 100ths --------------------------- �__� Dollars (S 31,350.00 ). paid by the Mort
<br />gager, the receipt of which is hereby acknowledged, has Granted and Sol and by these preamts does Grant, Bargain. Sell. Cowry
<br />and Confirm unto the Mortgagee, its successors and assigns, forever. the following - described real estate, situated in the Comty of
<br />HALL . and Stall of Nebraska, to wit:
<br />FRACTIONAL LOT SEVEN (7), IN CEDAR PARK ADDITIN O THE CITY OF GRAND ISLAND HALL CIN M AND ITS
<br />CNIPLFNElfi, BEING FRACTIONAL LOT SEVEN (7), BLACK FOUR (4), ELM RACE, AN ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUINTY, NEBRASKA.
<br />of the Sixth Principal Meridian, containing in all acres according to GoaKtnmeast sarvw.
<br />To Have sod To Hail the premises above described, with all the appurtenances thenssato i i S, kg a i 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 stxasots and assigns, forever. The Mortgagor represents to, and covenana with, the Mortgagee, that the Mort-
<br />has good risk to sell and convey said premises; that they are free from eucumbratcr and that the Mortgagor will warraat and
<br />defend the same against the lawful claims of all person whomsoever, and the said Motgastr hereby relinquishes all tights of
<br />homestead. MW all marital nights. either in law or in equity. and all Other contingent interesta of the Mortgagor in and to the above-
<br />described pte>nia- the intention being to convey hereby an absohtte ride, in fee simple all rights of bomafted, and other
<br />rights and interests as aforesaid.
<br />Peedied Aiwaya, std time presents are executed and delivered upon the following conditions, to wit:
<br />end a Mks agrees to pay the Mortgagee, or order, the principal seem of ThirtY One Thousand, Three Hundred Fifty
<br />--------------- -- --- -- --- --- -- -- ------Dollars ($ 31,350.00
<br />).
<br />with interest from date at the raft of Eight and ox half per centuris ( 8.501) rfs) 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
<br />may designstr in writing. in moo , or at such other -Igoe as the holder of the note
<br />thiyioatallmenta of Two Hundred Forty -One and 5/100ths---- ------ -- -------- -- ----- --
<br />Dollars (S 241.05 ), commencing on the fast day of may
<br />19 87 , and on the first day of each month thereafter until the WhKipal and interest are fully paid. except that the ftoal payment of
<br />Principal and Wta* t; if out sooner paid, shall be due and payable on the fast day of
<br />20 t7 ; all April
<br />a to the teats of a certain promissory hate of even date herewith eszosud by the said Mortgagor.
<br />This form is used in connection with moRgag s insu:sd under the one- to tour�miiy program of this National Fbuahtp Act which pro-
<br />f
<br />or p lOdIic_ !!2% .. - Prealk"n pEr*3e- 3t-.
<br />Previous Editions Are Obsolete - NN04214MI f3-111111 EdIalwo
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