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Sft1+ of Ne&*Sks MW gage FHA come No
<br />321- 1198124- 203(b)
<br />Tile Moregop, made and executed this 17th day of July
<br />14 87 . by and between Richard J. Brown and Janice K. Brown, each in his and her own right and
<br />as spouse of each other,
<br />of the County of Hall and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and The Equitable Building and Loan Association, 113 -115 North Locust Street
<br />Grand Island, Nebraska,
<br />a corporation organized and existing under the laws of the State of Nebraska
<br />patty of the second part, bereinafter called the Mortgagee,
<br />WitmeaMlk: That the said Mortgagor, for and in consideration of the sum of Forty —Six Thousand One Hundred
<br />and no/ 100---------------------------------------- - - - - -- Dollars ($ 46,100.00 ), paid by the Mort-
<br />gagoe, 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 Eleven (11), in Knickrehn Seventh Addition to the City of
<br />Grand Island, Hall County, Nebraska,
<br />of the Sixth Principal Meridian, containing in all
<br />acres according to Government survey:
<br />To Asa tad To NeM the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plumbing rind hSitthtg fixturm and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />gpte, and to its successors and assigns, forever. The Mortgagor represents to, aad covenants with, the Mortgagee, that the Mort -
<br />pow has good right to saU and convey said premise, that they are free from eac imbrance. and that the Mortgagor will warrant and
<br />defend the sate against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />lotnatetd, and aq marital rights, either in law or in equity, and all after contingent interests of the Mortgagor in and to the above -
<br />dpRfbed premises, the imteation being to convey hereby an absolute title, in fee simple, including all rights of homeste", and other
<br />riffs and interests as aforesaid.
<br />ftpvUed Alwga, and thew presents are executed and delivered upon the following conditions, to wit:
<br />lie MoetgaSor agrees to pay the Mortgagee, or order, the principal sum of Forty—Six Thousand One Hundred
<br />and no/ 100-------------------------------------- - - - - -- Dollars($ 46,100.00 ).
<br />with interest from date at the rate of Ten per centum ( 10 Efs) per annum on the
<br />unpaid banana 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 Four Hundred Four and 56/100 ------------------------
<br />---------------- I)oUm (1404.56 ), commencing on the first day of A I u 5 t
<br />1987 , 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 f i r s t day of J u l y
<br />20 17 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />Tkls foram to used In connection with mortgages Insured under the one- to four-family programs of the National Housing Act which pro•
<br />tWe few pertodte Mort~ insurance Pramlum payments.
<br />Previous Editiona Are Obsolete HUD42143M (3-a! Edition)
<br />Pape 1 of 4 24 CFR 203.17(b)
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