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Slat* of NONSM M wtgag® G••►�
<br />� /"" 104133 Sal- 119aa�z— za3 (b)
<br />Tide Montage, made sir x y)oc) this 10th day of July
<br />19 87, by and betwosts K Bo0R.1a&P. ren L Nagel, each in his and her own right and as spouse
<br />of each other.
<br />of the County of Hall , and State of Nebraska, party of the first part, hereinafter called
<br />dha,a1141 The Equitable Building and Loan Association, 113 -115 North Locust St,
<br />Grand Island, Nebraska
<br />a corporation agaaiaed and existing under the laws of The State of Nebraska '
<br />party of the second part, hereinafter called the Mortgagee,
<br />Whesasetlt: That the sad Mortgagor, for and in consideration of the sum of Thirty -Four Thous and-NineHundred-
<br />Fifty and oo/ 100------------------------------- - - - - -- Dollars (S 34,950.00 ), paid by the Mort-
<br />owe, the roceipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />and Confiraa unto the Mortgagee, its suoassors and assigns, forever, the following- described real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />A Tract of land comprising a part of the Northwest Quarter(NWI /4) of Section
<br />Twelve (12), Township Eleven (li)North,Range Ten(10) West of The 6th P.M.
<br />Hall County, NEbraska, More particularly discribed as follows: Beginning at
<br />the Southwest corner of said Northwest Quarter (NWl /4), a distance
<br />of Two Hundred Forty Five (245.0) Feet; thence running Easterly and parallel
<br />to the South Line of said Northwest Quarter (NW1 /4), a distance of Three
<br />Hundred (300.0) Feet; thence running Southerly and Paraller to the West line
<br />of said Northwest Quarter (NWl /4), a distance of Two Hundred Forty Five
<br />(245.0) Feet to a point on the South line of Said Northwest Quarter (NWI /4);
<br />thence running Westerly along and upon the South line of said Northwest
<br />Quarter (NWI /4), a distance of Three Hundred (300.0) Feet to the point of
<br />beginning.
<br />of the Sixth Principal Meridian, containing in an ---------- ----------- - - - - -- acres according to Government survey:
<br />To lbws and To KeW the preatua above described, with all the appurtenances thereunto belonging and including all heating,
<br />phosibing and lightin fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />gagas, and to its wccessas and aaipu, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort-
<br />Sagor bee good right to a U and convey said premises; that they are free from encumbrance; and that the Mortgagee will warrant and
<br />defend the saw agahnst the lawful claims of all pesos whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />homatead, and all markal rilihts, either in law or in equity, and all otter contingent interests of the Mortgagor in and to the above -
<br />daaibed pteeladees, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />r4ow and interests as aforesaid.
<br />Flow nlsd AhroM sod 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 —Four Thousand,Nine Hundred —
<br />Fifty and oo. 100----------------------------- - - - - -- Dollars(S 34,950.00 ).
<br />with interest from date at the rate of Nine b One —half per centum ( 9.50 %) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of The Equitable Building and
<br />Loan Association
<br />in Grand Island, NEbraska or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Two— Hundred Ninety —Three and 88/100 ---------------
<br />---------------- D011as (S 293.88 ). commencing on the first day of August
<br />19 87 , sad on the rust 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 />W17 ; a0 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 mortgspss insured under the one- to four - family programs of the National Housing Act which pro-
<br />vide for psrfodic Mort~ Insurance Premium psyments.
<br />Previous Editions Are Obsolete - HUD - 02143611 (346 Ed tlen)
<br />Page 1 of 4 24 CFR 203.17(b)
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