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P
<br />r SWe of Nob aiww MortAe 17-1050081 ® f MA Caw Mn.
<br />321° 1203507 --703
<br />Ti4 Mortgage made and executed this 21St' day of ALUM
<br />t9 87 . by and between DEAN A. CARSTENS AND DEBRA L. CARSTENS HUSBAND AND WIFE
<br />of the Cawty of HAM , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and NAT •BANK NEBRASKA, NATIONAL ASSOCIATION
<br />a corporation orgsnhed and existing under the laws of THE UNIT® STATES OF AMERICA ,
<br />party of the ssoond part, hereinafter piled the Mortgagee,
<br />�: That tie aid 1ltortgapr, for and in consideration of the sum of FIFTY THIREE TiVJSAND AND
<br />Dollars (S 53,000.00 ), paid by the Mort-
<br />plies, 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
<br />-described real state, situated in tae County of
<br />HAL,L, , and State of Nebraska, to wit:
<br />THE SOUTH FOR'T'Y (40) FEET OF LOT SEVEN (7) AND THE NORTH FORTY (40) FEET OF
<br />LOT SIX (6) IN BLOCK SIX (6), IN BEL AIR ADDITION TO THE CITY OF GRAND
<br />ISLAND, 9U OOUMPY, NEBRASKA.
<br />THIS IS A PURCHASE MONEY MORTGAGE.
<br />THE RIDER TO THE MORTGAGE ATTAR HERETO AND EXECITl.ED OF EVEN DATE HEREWITH
<br />IS IRORATED HEREIN AND THE COVENANTS AND AGY40ONM OF THE RIDER SHALL
<br />AMEND AND SUPPLEMENT THE COVENANTS AND AGREEMENTS OF THIS MORTGAGE.
<br />of the Sixth Principal Meridian, containing in all City lot acres according to Government survey:
<br />To Magus and To Hell the promises above dumbed, with all the appurtenances thereunto belonging and including all heating,
<br />pbmdft and Ming fixtures and equipment now or hereafter attached to or used in connection with said red estate unto the Mort-
<br />VW% and to its processors and assigns, forever. The Mortgagor represents to. and covenants with, the Mmtpga, that the Mort -
<br />Mor has good rj& to sell and coism 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 aid 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 promises, the intention ban to convey busby an absolute title, in fee simple, including all rights of homestead, and other
<br />riots and interests as aforesaid.
<br />Trovlid Alwom and thus 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 FIFTY THREE THOUSAND AND 00 /100
<br />itars (S 53, 000.00 >,
<br />with imerest from date at the rate of TEN AND 000 /1000 per centum ( 10.000 9s) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of
<br />N>ORigEST BANK NEBRASKA, NATIONAL ASSOCIATION, 202 WEST THIRD STREET
<br />in GRAND ISd.AND, NEBRASKA 68801 or at such other Play as the holds of the snots
<br />tent' dulgaate in writing, in monthly installments of FOUR HUNDRED SIXTY FIVE AM 12/100
<br />Dollars (S 465.12 ), commencing on the first day of OC70BER 01
<br />19 87 and on the first day of each math thereafter until the primipal and interest are fully paid, except that the final payment of
<br />primal and interest, if not sots Paid, shall be doe and payable on the fire day of SEPTEMBER 01
<br />20 17 ; an according to the tams of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />ThN form Is used M connection with mortgages insured under the one- to four - family programs of the National Houting Act which pro-
<br />vials for periodic hlortf W insurance Premium payments.
<br />Pmloue Editions Are obsolete HUD-92143M (3-411 Edition) Y' �
<br />Pape 1 of 4 24 CFA 2M.17(b)
<br />t� J
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