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87-- 104836
<br />fly Nebr"M MO111 go 32 0.. N.,
<br />321 - 1203378 -203
<br />TMs Mafyegs, matte and executed this 14th day of August ,
<br />It 87 , by and between Russel J. Barnes and Jill M. Barnes, each in his and her own right and as
<br />spouse of each other,
<br />Of the county of Hall . cad State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor. and The Equitable Building and Loan Association, 113 -115 North Locust St,,
<br />Grand Island, Nebraska
<br />a corporation organized and east under the laws of the State of Nebraska
<br />party of the wood part. berelastior called the Mortgages,
<br />Mlhsesdht That the said Mortgagor, for and is consideration of the sum of Thirty Thousand Seven Hundred and
<br />00/ 00------------------- ---- ---- -------- --------- - - - - -- Dollar (S 30, 700.00 ). paid by the Mort-
<br />Seges,, the moeipt of which is hereby acknowledged, has Chanted and Sold and by these presents does Gram, Bargain, Sell, Convey
<br />and Caosfitm unto the Mortgagee, its sure and ate, forever, the following - described real estate, situated In the County of
<br />Hall , and State of Nebraska, to wit:
<br />Lot Sixteen (16), in Fractional Block Twelve (12), in Ashton Place, an
<br />Addition 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 Mose and To held the premises above described, with all the appurtenances thereunto beloagiag and including all hating,
<br />phteabiog and blibiting fbctoms and equipment now or bereafter attached to or used m connection with said real estate unto the Mort -
<br />SIM and to its woomors and ash, forever. The Mortgagor represents to, and covenami with, the Mortgages. that the Mort -
<br />VW hn good tight to sell and convey said promises; that they are free from encumbrance; and that the Mortgagor will warrant and
<br />dda.d the seas ssidnK the lawful claims of all Persons; whomsoever; and the said Mortgagor hereby reitnquisbes all tights of
<br />hotstes sed, and all marital rights. either in law or in equity, and all other contingent interests of the Mohr in and to the above -
<br />deeor%ed pasmlees. the handois being to convey hereby an absolute title, in fee simple. including all nights of homestead, and other
<br />rights and interests as aforesaid.
<br />ftot sd Always, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay the Mortgagee, of order, the principal sum of Thirty Thousand Seven Hundred and
<br />00/00 ------------------------------------------------ Dollars (S 30, 700. 00 ).
<br />wish hperest from date at the rate of ten per centum ( 10 %) per annum on the
<br />unpaid belaee until paid. The said primal 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 desipuia in writing, in monthly installments of Two Hundred Sixty -Nine and 4 1 /00----------------------
<br />------------- ---Doom (S 269.41 ), coormmacimg OR the fiat day of September .
<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 , if not w es paid, shall be d and payable on de first day of August
<br />aaoording to the torm, of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />This form is used M oauaeation with mortgagee Insured under the one- to four - family prognme of the National Housing Act which pro -
<br />w" for pariedho Mort~ hNuranoe Premium payrnMte.
<br />Previous Edition& An ObsoleM HUD42143M flee hdMon)
<br />Paps 1 of 4 24 CFA 203.17(b)
<br />1191
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