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SW to 87-- 102346
<br />aswto of Nobnsk�l mo `gage FHA Cam No.
<br />via 321- 1172389- 203(b)
<br />7111111 1Me1100, made and executed this 24th day of April
<br />19 87 , by and between Dennis J. Beach and Katherine A. Beach, each in his and her own right
<br />and as spouse of each other,
<br />of the County of Hall , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and The Equitable Building and Loan Association, 113 -115 North Locust Street ,
<br />Grand Island, Nebraska
<br />is Corporation organized and existing under the Laws of the State of Nebraska
<br />Party of the second part, hereinafter called the Mortgagee,
<br />Wtlseaa M: That the said Mortgagor, for and in consideration of the sum of Twenty —Six Thousand Seven Hundred
<br />and no/ 100-------------------------------------- - - - - -- -Dollars ($26, 700.00 ), paid by the Mort-
<br />gages, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Se11, convey
<br />NW Confirm unto the Mortgagee, its successors and auigns, forever, the following - described real estate, situated in the County of
<br />Hall , and Sate of Nebraska, to wit:
<br />The Northerly Fifty —Six (56) Feet of the Southerly one Hundred Twelve (112)
<br />Feet of the East Half (E') of Block Ten (10), in Pleasant Hone Subdivision,
<br />of Part of the East Half of the Southeast Quarter (E' SEq) of
<br />Section Twenty —One (21), Township Eleven (11) North, Range Nine (9) West
<br />of the 6th P.M., Hall County, Nebraska,
<br />Of the Seth Principal Meridian. containing in all
<br />acres according to Government survey:
<br />To Have aN To HeM 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. Thte Mortgagor represenu to, and covenants with, the Mortgagee, that the Mort-
<br />»r ha good right to sell and convey said premises; that they are free from encumbrance; aW 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 />PrevMM 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 minty —Six Thousand Seven Hundred
<br />and no/ 100------------------------------------ - - - - -- Dollars (S26, 700.00 ).
<br />with interest from due at the rate of Eight and One —Half per centum ( 8� %) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of
<br />The Equitable Building and Loan Association
<br />in Grand Island, Nebraska , or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Two Hundred Five and 30/100------------------ -- - - --
<br />------ - - - - -- DoUars ($205.30 ), commencing on the first day of May
<br />1987 , and on the first day of each month thereafter until the principa! 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 April
<br />2017 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />�I with mortgages Insured under the one- to four - family programs of the National Housing Act which pro-
<br />vide Insurance Premium payments.
<br />Previous Editions Are obsolete
<br />Page 1 of 4
<br />in
<br />43M f3•a11 Will.)
<br />24 CFR 203.17(b)
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