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87-106269
<br />Mortgage 321- 1209597-203b
<br />mile a made and cmuted this 23rd day of October
<br />19 87 by and bliewelm Michael R. Dora and Carolyn K. Bern, each in his and her own right=, and
<br />as spouse of each other,
<br />of the County of Hall , and State of Nebraska, party of the first part, her
<br />The Equitable Building and Loan Association, Grand Island,
<br />a ceirporadon organized sad existing under the laws of the State of Nebraska
<br />party of the secand pest, herelisafter called the M
<br />That the said Mortgagor, for and in consideration of the sum of Thirty Three Thou ^and Eight Hundred
<br />Fifty and no/100 --------------------------- ---- - --- -- Dollars (S 33,850.00 ), paid by the Mort-
<br />the recelpt of which Is hereby acknowledged. has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />and Confirm unto the Mortgages, its successm and assigns, forever, the following-described real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Fractional Lot Five (5), in Fractional Block Six (6), in Spaulding and Gregg's Addition
<br />to the City of Grand Island, Hall County, Nebraska, and its complement to -wit: A part
<br />of Lot One (1), of "Subdivision of Lots Thirteen (13) and Sixteen (16), and part of Lots
<br />Eight (8), Eleven (11), Twelve (12), and Fourteen (14) of the County Subdivision of the
<br />Southeast Quarter of the Southwest Quarter (SEi1SWk) of Section Sixteen (16), in Township
<br />Eleven (11) North, Range Nine (9) West of the Sixth P.M., Hall County, Nebraska."
<br />of the Sbih Principal Meridian. containing in all ---- - - - - -- acres according to Government survey:
<br />To )Hess nai To FWW the prembes above described, with all the appurtenances thereunto belonging and including all heating,
<br />phmdft and lighting fixtures and equipmem now or hereafter attached to or used in connection with saw rani estate unto the Mort-
<br />gsges, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort-
<br />m*w has flood right to sell and convey said ; that they are free from encumbrance; and that the Mortgagor will warrant and
<br />the same against the lawful claims of all pawn whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />and all marital rights, either in law or in equity, and all other condngent interests of the Mortgagor in and to the above-
<br />described P9 . the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />riabils and interests as afotessid.
<br />Flee d Ahsesga, and these presents an executed and delivered upon the following conditions, to wit:
<br />The Mortgagor egress to pay the Mortgagee, or order, the principal sum of Thirty Three Thousand Eight Hundred
<br />Fifty and no /100 ----------------------------------- Dollars(S 33,850.00 ).
<br />with interest fronn date at the rate of Ten per centum (10.0 %) per annum on the
<br />unpaid balance until paw. 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 dealignate in writing, in monthly installments of Two Hundred Ninety Seven and 06/ 100 -----------------
<br />-------------- DOUM (S 297.06 ), commencing on the first day of November
<br />19 87 , and on the first day of each month theree ter until the principal and interest are fully paw, except that the final payment of
<br />principal and Interest, if not sooner paw, shalt be due and payable on the firn day of October
<br />20 17 ; ad accordift to the terms of a cartain promissory note of even date herewith executed by the said Mortgagor.
<br />This term Is wad in connection with mortgages Insured under the one- to four-family programs of the National Housing Act which pro•
<br />vk f pNbdic Mortgage Insurance Premium payments.
<br />Previous EdItIons Are Obsolete
<br />In
<br />Pape 1 of 4
<br />A
<br />X
<br />43M (SM Edition)
<br />24 CFR 203.il(b)
<br />1K
<br />OR
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