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State of Nebraska
<br />a
<br />87" 103570
<br />Mortgage FHA C.-W
<br />BBJJa '�55�� 321- 1192529 -703 ,
<br />This Mortgage, made and executed this 16 th day of June
<br />19 87 , by and between BEVERLY J. SeHRAGE, A SINGLE PERSON
<br />of the County of HALL , and State of Nebraska, party of the first part, hereinafter called
<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 />Wltsesseth: That the said Mortgagor, for and in consideration of the sum of Thirty One Thousand, One
<br />Hundred and No/ tOOths---------------- -- ------ ----- --------------- - -- Dollars (S 31,100.00 ), 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 />FALL , and State of Nebraska, to wit:
<br />THE EASTERLY TWO (2) FEET OF LOT 10 6 ALL OF LOT 11, IN BLOCK 7, MORRIS FIFTH ADDITION TO THE CITY
<br />OF GRAND ISLAND, HALL COUNTY. NEBRASKA.
<br />of the Sixth Principal Meridian, containing in all
<br />acres according to Government survey:
<br />To Have and To Hold 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 " real estate unto the Mort-
<br />gagee, 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 aforewid-
<br />PmWed Alwgs, 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 Thirty One Thousand, One Hundred and
<br />No/ 10oths------------------------- --------- --- ---------- ----- ------- Dollars (S 31,100.00 ).
<br />with interest from date at the rate of Ten per centum (10.000 %) 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 />in GRAND ISLAND, NE 68802 or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Two Hundred Seventy -Tyro and 92/100ths --------------------------
<br />------------------- 272.92 August Dollars (S ), commencing on the rust day of 9
<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 />2017 ; 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 Mortgage Premium payments Premium payments_
<br />Previous Editions Are Obsolete 1,14.10412143611 tide Edition)
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