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1�� s <br />State of Nebraska Mortgage FNA C.N Ne, <br />1 321- 1194486- 203(b) <br />Thb Mortgage, made and executed this 24th day of July <br />V7 , by and between David R. Brannan and Deanna L. Brannan, each in his and her own right <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 />party of the second part, hereinafter called the Mortgagee, <br />Witnes eth: That the said Mortgagor, for and in consideration of the sum of Twenty —Seven Thousand Two Hundred <br />and no/ 100---------------------------------------------- Boilars (S 27, 200.00 ), 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 />Hall , and State of Nebraska, to wit: <br />Lot Eight (8), Block Four (4), in South Grand Island, an Addition <br />to the City of Grand Island, Hall County, Nebraska, <br />of the Sixth Principal Meridian, containing in all <br />acres according to Government survey: <br />To Have mW 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 the 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 the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of <br />homestead, and all marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above - <br />described 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 />hoeNed 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 sum of Twenty —Seven Thousand Two Hundred <br />and no/ 100--------------------------------------------- Dollars(527,200.00 ). <br />with interest from date at the rate of Nine and One —Half per centum ( 9� sla) 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 Twenty —Eight and 72/100---------- - - - - -- <br />---------------- -Dollars (s 228.72 ), commencing on the first day of August <br />19 87 , 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 first day of July <br />20 17 ; 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 pro. <br />vide for periodic Moripape Insurance Premium payments. <br />Previous Editions Are Obsolete HUD- 92143M (346 Edition) <br />Page 1 of 4 24 CFR 203.17(b) <br />a <br />R <br />r <br />a <br />