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<br />State of Nebraska Mortgage ---
<br />321- 1yeBOZS -7o3
<br />This Mortgage, made and executed this 8 th day of June
<br />19 87 by and between EDWARD E. MARSHALL and KAREN J. MARSHALL,
<br />HUSBAW AM WIFE
<br />of the County of HALL and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and $UPERIOR MORTGAGE, INC. P.O. BOX °1S"
<br />GRAND ISLAND, WE 68802
<br />a Corporation organized and existing under the taws of THE STATE OF NEBRASKA
<br />WY of the second part, hereinafter called the Mortgagee,
<br />Wlttwrawt That the said Mortgagor, for and in consideration of the sum of Fifty Three Thousand Fifty
<br />and Ho/ tOOtts -------------------------------------------------------- Dollars (S 53,050.00 ),paid by the Mort-
<br />gages. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />Old 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 />LOT SIXTEEN (16), IN BLOCK ONE (1), IN KNICKREHN FOURTH ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />of the Sixth Principal Meridian, containing in all acres according to Government survey:
<br />To fllfave aM To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />phimbiag and lighting fixtures and equipment now or hereafter attached to or used in connection with said real state unto the Mort -
<br />pyee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, the the Mort_
<br />PM 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 />botmestead, and e-0 marital rights, epther 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 />debts ..and interests as aforesaid.
<br />lftovldM Always, and them presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agreell to pay the Mortgagee, or order, the principal sum of F1 fty Three Thousand Ff fty and No /lOOths - ---
<br />Dollars (S 53,050.00 )
<br />with interest from date at the rate of Nine per centum ( 9.000 %) per annum on the
<br />uttpakl balance until paid. The said principal and interest shall be payable at the office of SUPERIOR MORTGAGE, INC.
<br />P.O. BOX "S"
<br />is GRAD ISLAND, NE 68802 or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Four Hundred
<br />- Twenty -Six and 85/ 100ths----------------- -- --- - ---
<br />1 9 87 87 Dollars (S #26.85 ) commencing on the first day of August
<br />1 , 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 July
<br />20 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 />vide for periodic hiod jW insurance Premium payments.
<br />Previous Editions Are Obsolete R — H11� PZi1tl1(J�a EOittmxx)
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