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)
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