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87-•- 104381
<br />State of Nebraska Mortgage 3�t- i1M56A-243
<br />j FHA VW N.
<br />t This Mor1RNRe, made and executeJ this 84 th day of July
<br />19 87 , by and between
<br />DRIAN L ZO A, A SIMSLH PERM and DANIEL R. ZARA, A SIN U PERSON
<br />of the County of WILL , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and WAIOR NORTWK, INC.
<br />P.O. DOX "S ", GRAND ISLAND, WE 68842
<br />a corporation organized and existing under the laws of THE STATE OF IEDfH U
<br />party of the second part, hereinafter called the Mortgagee,
<br />Witnesseth: That the said Mortgagor, for and in consideration of the sum of
<br />Thirty Thousand, Six Hundred Fifty and NO/ lOOths ---------------------- ----- Dollars (S 30,654,00 ), 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 />WILL , and State of Nebraska, to wit:
<br />LOT ONE IA40 D EIGHT (108) IN INJEWNISTA SMIVISION, AN ADDITION TO THE CITY OF GAANID ISLAND, HALL WJWTY, WJRWA.
<br />of the Sixth Principal Meridian, containing in all 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 said real estate unto the Mort-
<br />gagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that [he 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 same against the lawful claims of all persons whomsoever: and the said Mortgagor hereby relinquishes all rights of homestead,
<br />and all marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above- described
<br />premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other rights and
<br />interests as aforesaid.
<br />Provided Always, 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 sure of
<br />Thirty ThowsaW, Sir Hundred Fifty and No /IOOths- -- ---------- — ------ --- Dollars IS 30,650.00 )•
<br />with the interest from date at the rate of Ten per cenium 1 10.000 °o) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of
<br />SOPERIOR NORTGASE, INC. P.O. DOX °S"
<br />in WM ISLAND, HE 68802 or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Two Hundred Ninety-Five and 78 /100ths
<br />- --- --- ----- -- ---- Dollars (S 295.76 ), commencing on the first day of Se tHYlr
<br />P '
<br />1987 , and on the first day of each month thereafter until the principal and interest are fully paid, except that final payment of
<br />principal and interest, if not sooner paid, shall be due and payable on the first day of August
<br />2007 ; 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 re-
<br />quire a One -Time Mortgage Insurance Premium payment (including sections 203(b) and (i)) in accordance with the regulations for those
<br />programs.
<br />Previous Editions Are Obsolete HUD- 92143M -1 (1186 Edm.ni
<br />Page t of 4 24CFR 203 17(a)
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