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<br />�.• 108881 321' - 11'90875 -203 (b)
<br />1111110 1101410410110, made and executed this 24th day of June
<br />to 87 , by and between Aougals A. Savage and Penny Savage, each in his and her own right
<br />and as 3POuse of each other,
<br />of on County, of Hall , and Sate of Nebraska, party of the Mg put, herginaftw cadlsd
<br />the Umxmmor, and The Aguitable Building and Loan Association, 113 -115 North 1QCUSt Str t
<br />Grand Island, Nebraska,
<br />a eorponttion orpudmd and exfasins under the laws of the State of Nebraska
<br />Pam of the second Part, hereinafter called the MortgaM,
<br />Wh uasssht That the said Mortgagor, for sad in consideration of the sum of Thirty Thousand Seven Hundred
<br />and no/ 100---------------------------------------- - - - - -- 0011110 (S 30, 700.00 ). Paid by the Mon.
<br />tWsa. the rsssipt Of whidt if hereby aclmowkdged, has (ranted and Sold and by these Presents does Grant, xugslin, Ste, Convey
<br />and Coafhm WHO the Mortgagee, its successors and asdpn, forever, the following - described real awe, skuated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Lot Five (5), in Block One (1), in Lambert's Second Addition to the
<br />City of Grand Island, Hall County, Nebraska,
<br />of the Sixth Principal Maidian, containing in all ----- -------------------- acres according to Government survey:
<br />To Hats ad To HON the promises above described, with alt the appurtenances thereunto belonging and including all heating,
<br />�. PkvMft rd n sung ruttim and
<br />sssd equosent now a hereafter attached to or used in connection with said real estate unto the Mort -
<br />has Hood --- asses, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort.
<br />PW convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and
<br />d"d the same aplast the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes aU rights of
<br />hossmand, said mail aaritd riots, ekher in law or in equity, and all other contingent interests of the Mortgagor in and to the above -
<br />dumbed lxeeeisa, the iasendon being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />ti*s and ttaesrs a aforesaid.
<br />plow Hsd Aliwam tend titan Presents are executed and delivered upon the following conditions, to wit•.
<br />Tie MOCISIRM 0 to ]ay the Mortgagee, or order. the principal sum of Thirty Thousand Seven Hundred
<br />andrto /1 ---- ����---------------------- - - - - --
<br />whh from, date at the rue of Nine and One —Half --'17oU rrs ntum 700.00 )
<br />per annum ( 9� 9i) per annum on the
<br />unisaid balance mull paid. The said principal and interest shall be payable at the office of The Equitable Building
<br />and Loan Association
<br />lg Grand Island, Nebraska or at such Other Place as the holder of the note
<br />may designate in writing. in monthly inuaWments of Two Hundred Fifty —Eight and 15 /100------------- - -----
<br />- -----° ----vollen (S 258.15 ), commencing on the first day of July
<br />1987 . and on the flra day of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />prinelisal and Warm. if not sooner paid. dull be due std payable on the rust day of June,
<br />29 17 ; all a000rdiing to the tam of a certain promissory note of even date herewith executed by the seid Mortgagor.
<br />Thh dorm Is stead In ceMeotlon with motpapea Insured under the orw-;o four•farnily programs of the National H& which pro•
<br />VW for perfodic MortOsgs Insurance Premium payments.
<br />Previous Edt"Ono Are obsolete - .. ----- - •- -- _ - - -- -
<br />Pape 1 of 1 24 CFR 203.17 {bj
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