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rONewsom 8%�+- .04e+i�9 mOI"�g8g® 21 - 1190330- 203(b)
<br />Tills , made and executed this 15th day of July
<br />l9 87 , by and between Timothy G. Jensen and Lori L. Jensen, each in his and her own right and
<br />as spouse of each other,
<br />of the Camay of Hall . and State of Nebraska, party of the rust prat, hereinafter called
<br />the Marlsagor, and The Equitable Building and Loan Association, 113 -115 North Locust Street
<br />Grand Island, Nebraska,
<br />a corpwadat organized and existing under the laws of the State of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
<br />VA*msaNlt That the said Mortgagor, for and in consideration of the sum of Thirty -Ore Thousand Eight Hundred
<br />and no/ 100--------------------------------------- - - - - -- -;Dollars ($ 31, 800.00 ), paid by the Mort-
<br />gape, 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 />Hal l , and State of Nebraska, to wit:
<br />Lot Eight (8), Block Thirty -Six (36), of Charles Wasmer's Addition
<br />to the City of Grand Island, Hall County, Nebraska,
<br />of the Sixth principal Meridian. containing in an ------ ---- ---- - - - - - -- acres according to Government survey:
<br />To lie nd To Bald the promises above described, with an the appurtenances thereunto belonging and including all heating,
<br />plumbing and lighting fixtures and equipment stow or hereafter attached to or used in connection with said real estate unto the Mort-
<br />gaga. and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgage, that the Mort-
<br />VW has good right to sell and convey said premises; that they are free from encumbrance; mW that the Mortgagor will warrant and
<br />detail the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes W tights of
<br />and all marital rights, either in law or in equity, and an other contingent interests of the Mortgagor in and to the above-
<br />destr0 i 1 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 />plow Always, and time presents arc executed and de livered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay the Mortgagee, or order, the principal sum of Thirty -One Thousand Eight Hundred
<br />and no/ 100-------------------------------------------- Dollars(S 31,800.00 ),
<br />with interest from date at the rate of Eight and One -Half per centum ( 8� %) 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 />my desissime in writing, in monthly installments of Two Hundred Forty -Four and 52/100-------------- - - - - --
<br />- -- Dollars (S 244.52 ), commencing on the first day of t
<br />19 87 and on the first day of each month thereafter until the principal and interest are fully paid, except that the payment of
<br />pthicipel and Interest. if not soona paid, shall be doe and payable on the first day of July
<br />20 17 ; no according to the tams of a certain promissory tote of even date herewith executed by the said Mortgagor.
<br />This term Is used to connecter with modgeps insured undef the one- to four•lamily programs of the National. Housing Act which pro-
<br />vide for eN Lit Mon~ Insurance Premium payments.
<br />Preukum Ednekuta Are Obsolete .._. NUO.92143 M (3.60 Ed111on1
<br />Page t of 4 24 CFR 203.17(bi
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