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State of Nebraska Moitgeas, I FHA C..a N., <br />l n && R�-- 321-1185881 -703 <br />This Mortgage, made and executed this 5 th day of June <br />199 :4 b rnwl weep DAVID BRENT BOWMAN and JAMNETTE ISABEL BOWMAN, <br />HUS of the County of HALL and State of Nebraska, party of the first part, hereinafter caRe: <br />the Mortgagor, and SUPERIOR MORTGAGE, INC. P.O..BOX "S" <br />GRAND ISLAND, NE 68802 <br />a corporation organized and existing under the laws of THE STATE OF NEBRASKA <br />party of the second part, hereinafter called the Mortgagee, <br />Witnesselh: That the said Mortgagor, for and in consideration of the sum of Fifty Seven Thousand, Seven <br />Hundred and No/ 100ths ----------------------------------------------- Dollars (S 57,700.00 ), paid by the Mort- <br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, 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 />LOT SIX (6), ED ROSS SUBDIVISION NO. 2, HALL COUNTY, NERRASKA. <br />of the Sixth Principal Meridian, containing in all acres according to Government survey: <br />To Bove sad To BoW the premises above described, with all the appurtenances thereunto belonging and including all heating, <br />plumbing and Rghting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort- <br />asgee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort- <br />gagor 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 />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 />ProwbW Ahm", and these presents are executed and delivered upon the followfi conditions to wit: <br />The Mortgagor agrees to pay the Mortgagee, or order, the principal sum of Fifty Seven Thousand, Seven Hundred and <br />No/ 100ths -------------- -° --------------------- __-- _.--------------- Dollars ($ 57,700.00 ) <br />with interest from date at the rate of Nine per centum ( 9.000 %.) 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 />is GRAND 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 Sixty -Four and 27/100ths-------------------------- <br />464.27 <br />Dollars (S ), commencing on the first day of August <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 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•famlly programs of the National Housing Act which pro- <br />vide for periodic Mortgage Insurance Premium payments. <br />Previous Editions Are Obsolete — NUD tt 4 sMi (346 Editlon) <br />A PCD I "O ­- <br />A <br />U <br />J <br />