|
Swie of Wxsska Mortgage FMA C.. W.. �
<br />j 321- 1189168- 203(b)
<br />This ;Mortgage, made and executed this 5th day of June
<br />19 87 , by and between Robert E. Bal l and Carri S. Ball, each in his and her own right and as
<br />spouse of each other,
<br />Of the County of Hall and State of Nebraska, party of the first part, hereinafter called
<br />the Mortg4for,and The Equitable Building and Loan Association, 113 -115 North Locust Street
<br />Grand Island, Nebraska,
<br />a corporation organized and existing under the laws of the State of Nebraska
<br />party of the second part, hereinafter died the Mortgagee,
<br />Wiheaaet•: That the said Mortgagor, for and in consideration of the sum of Forty Thousand Seven Hundred
<br />and no /100----- --------- - - - - -__ - ____L>ollars (f
<br />, the receipt of which is hereby acknowledged, 40, 700. an 00 )
<br />ga Paid by the
<br />lodged, has Granted and Sold and by these presents does Grant, Bargai n, Sell, Convey
<br />and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Part of Lots Two Hundred Sixty -Five (265) and Two Hundred Sixty -Four (264), in West Lawn
<br />Addition to the City of Grand Island, Hall County, Nebraska, more particularly described
<br />as follows: Beginning at a point on the West line of said Lot TWO Hundred Sixty -Five (265),
<br />which point is One Hundred Three and Five Tenths (103.5) Feet North of the Southwest corner
<br />Of Lot Two Hundred Sixty -Six ( 266) in said Addition; thence running North along and upon
<br />the West line of said Lots Two Hundred Sixty -Five (265) and Two Hundred Sixty -Four (264), a
<br />distance of Fifty -Six and Ninety -Six Hundredths (56.96) Feet; thence turning and running
<br />East, parallel wiht +! South line of said Lot Two Hundred Sixty -Five (265), a distance of
<br />One Thirty -Two (132.0) Feet, to a point on the East line of said Lot Two Hundred Sixty -
<br />Four (264); thence turning and running South along and upon the East line of said Lots
<br />Two Hundred Sixty -Four (264) and Two Hundred Sixty -Five (265), a distance of Fifty -Six and
<br />One Tenth (56.1) Feet; thence turning and running West, parallel with the South line of said
<br />Lot Two Hundred Sixty-Five (265), a distance of One Hundred Thirty -Two (132.0) Feet to the
<br />point of beginning.
<br />of the Sixth Principal Meridian, containing in all -- --------- ----- ---- --- acres according to Governtmnt survey:
<br />To Hare said To HoM 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. The Mortgagor reprao -m -- i.;, and covenamti with, the Mortgagee, that the Mort-
<br />gagor has good right to sell and convey said premises; that they arc free -M 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 interests of the Mortgagor in and to the above -
<br />deacribed premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />tighta and interests as aforesaid.
<br />FrowMd 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 Forty Thousand Seven Hundred and no /100 --
<br />-------------------------------------------------- Dollars ($ 40, 700.00 ).
<br />with interest from date at the rate of Nine and One -Half per centum ( 9� n.) per annum on the
<br />unpaid balance until paid. Tbc said Principal and interest shall be payable at the office of The Equitable Building and
<br />Wan Association
<br />in Grand Island, Nebraska or at such other place as the holder of the note
<br />may designate in writing, in monody installments of Three Hurtdred Forty -Tto and 23/100-------------- - - - - --
<br />- - ° ----------- Dollars (f 342.23 ), commencing on the first day of July
<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 June,
<br />2A 17 ; all according 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 pro.
<br />ride for periodic Mortis Insurance Premium payments.a�
<br />Previous Editions Are Obsolete INI�is IOU Editlon)
<br />Page t of a 24 CFR 203.17(b)
<br />t�
<br />
|