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StatO of Nelltxaske Mortgage - - - - -- - - -- - - — -- <br />r 87 rMA GN 1 -- <br />1 "' 1 4 2 4 5 2 321- 1175940 -203 <br />T , made and executed this 30th day of April <br />19 °7, by and between Ronald Dean Bender and Kimberly Kay Bender, husband and wife <br />of the County of Hall , and State of Nebraska, party of the first part, hereinafter called <br />the .NW FIRSTIER BANK, NATIONAL ASSOCIATION, OMAHA <br />a COrPaRmoa dxgamaed sad existiag under the saws of UNITED STATES OF AMERICA <br />PRrtY of the second part, hereinafter called the Mortgagee, <br />Wes' That the said Mortgagor, for and in consideration of the sum of Forty Five Thousand, Four Hundred <br />sad no /100- - - - - -- <br />pM, the rooeipt of which is Dollars (545,400.00 >, paid by the Mort - <br />hereby acknowledpfd, 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 fotbwing described real elute, situated in the County of <br />Hall , and State of Nebraska, to wit: <br />Lot Twelve (12), Block Two (2)9 Imperial Village Subdivision, City of <br />Grand Island, Hall County, Nebraska. <br />The Rider to the Mortgage attached hereto and executed of even date herewith is incorporated <br />agreements of the Rider shall amend and supplement the covenants and agreements to thism herein and the covenants and <br />THIS IS A PURCHASE MONEY MORTGAGE! <br />The mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his( esignee, declare all sum' s secured by <br />this mortgage to be immediately due and payable if all or a part of the property is sold or otherwise transferred (other than by <br />devise, descent or operation of law) by the mortgagor, pursuant to a contract of sale executed not later than 24 months after the <br />date of execution of this mortgage or not later than 24 months after the date of a prior transfer la the property subject to this <br />mortgage, to a purchaser whose credit has not been approved in accordance with the requirements of the Commissioner. <br />of the Sixth Principal Meridian, containing in all city lot <br />acres according to Government survey: <br />To Han ad To 1%W the Premises above described. with all the appurtenances thereunto belonging and including all heating, <br />phtmbag and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate onto the Mort- <br />gagee, <br />W has good right to sell Wid to iu successors sad astigas, forever. The Mortgagor represents to, and covenants with, the Mort gagtx, that the Mort- <br />defend the taunt +against the lawful claims of an Premises; that they are free from encumbrance: and that the Mortgagor will warrant and <br />�atetd, and mRrital persons whomsoever; site the said Mortgagor hereby relinquishes all rights of ' <br />rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above - <br />detcribed premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other <br />and interests as aforesaid. <br />t►egdN Ahsam and these presents are executed and delivered upon the following conditions, to wit: # <br />The Motppr agrees to PRY the Mortgagee, or order, the principal sum of Forty Five Thousand, Four Hundred <br />and no /100-- - - - - -- <br />wkh interest from date at the rate of Eight and one -half Dollars (S 45,400.00 ) <br />unpaid balance until paid. The said per centum ( 8.5 "Io) per annum on the <br />ASSOCIATION, OMAHA �� and interest shall be payable at the office of FIRSTIER BANK, NATIONAL <br />in OMAHA, NEBRASKA <br />or at such other place as the holder of the note <br />may designate its writing. in monthly installments of Three Hundred, Forty Nine and 09/100------- - <br />Dollars (5 349.09 ), commencing on the first day of June <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 May <br />20 17 : all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor. <br />Thh FuFm is uead in connection with mortgages insured under the one- to tour•eamily programs at the Naflonal Housing Act which pro- <br />IN! perbdk Mortgage Insurance Premium payments <br />Previous Editions Are Obsolete <br />page 1 of 4 Tm"aTM#V i''ge Edition) <br />T4 CFR 203.17(b) <br />t� <br />W <br />