�- ft" a mebmilim Mortgago e
<br />p7— ��5 321-1 - 1206771- 203(b)
<br />This Merlpge, made and executed this 27th day of v August ,
<br />19 87 , by and between Randel G. Walters, an unmarried person,
<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 oorpoatiou organised and existing under the laws of the State of Nebraska
<br />;arty of the second part, haeinaha called the Mortgagee,
<br />WNason a: That the said Mortgagor, for and in consideration of the sum of Fifteen Thousand Five Hundred Fifty
<br />and no/100 ------------- ------------------------- - - - - -- Dollars (S 15, 550.00 ), Maid by the Mon- 1
<br />ppe, 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 sueee sm and assigns, forever, the following4escribed real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Lot Four (4), Block Thirty Six (36), in Russel Wheeler's Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />of the Sixth Principal Meridian. containing in all -- - - - - -- acre according to Government survey:
<br />To Rm seed To Held the premises above described, with all the appurtenances thereunto bebagiog and including all heating,
<br />plumbing sod fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort -
<br />gages, sad to its nwoesson and assigns, forever. The Mortgagor represents to, and covenants with, the Moue, that the Mort-
<br />gaS, has good right to an and covey aid premises; that they are free from encumbrance; and that the Mortpgor will warrant and ;M
<br />defmd the sagas apiaa the lawful claim of all persons whomsoever; and the said Mortgagor hereby relinquishes W rights of
<br />homestead, ad all maul rights. either in law or in equity, and all other contingent interests of the Mortgagor in and to the above-
<br />dreafted primes. the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />don and iataests as aforesaid. �: +
<br />1llso AhmM and these presents arc executed and delivered upon the following conditions. to wit:
<br />TbgMMVWWM to psy the Mortgagee, -order, the principal sum of Fifteen Thousand Five Hundred Fifty
<br />and no /100 ------------------
<br />------------------------- -Dollars(S 15,550.00 )
<br />with from date at the rue of Ten per mot— ( 10.0 %) 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 />any at wrking, in monthly b"hneuts of One Hundred Thirty Six and 47/100 --------------------
<br />--------- - - - - -- --mss (S 136.47 ), commencing on the first day of September
<br />1987 , and on the fort day of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />primal and interest. if not sooner paid, shell be due and payable on the ruin day of August ,
<br />2017 ; all according to the terns of a certain promissory note of even due herewith executed by the said Mortgagor.
<br />This farm Is used in connection with mortgega Insured under the one. to four•famlly programs of the National Housing Act which pro-
<br />vMa for perloaic !!LAW Insurance Premium payments.
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<br />Editions Are Obsolete pop 1 Of 4 24 CFR M3.17(b)
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