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87_e 106714
<br />State of Nebraska Mortgage FNA Ceae No. ��
<br />321 - 1213839 -729
<br />Tick Mortgage, made and executed this 18th day of November
<br />1987 , by and between James A. Weakland, a single person and Kaye E. Volkmer, a single person
<br />of the County of Hall and State of Nebraska, party of the first part, hereinafter called '
<br />the Mortgagor, and Superior Mortgage, Inc.
<br />a corporation organized and existing under the lams of the State of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
<br />Witnessetr: That the said Mortgagor, for and in consideration of the sum of Sixty One Thousand Fifty and
<br />00/ 100ths------------ ------ ------ ----------- - -- Dollars (S 61,050.00 ), 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 Nine (9), Block Two (2), in Colonial Estates Subdivision, City of Grand
<br />Island, Hall County, Nebraska
<br />of the Sixth Principal Meridian, containing in all
<br />acres according to Government survey:
<br />To Have and To Hold the premises above described• with all the appurtenances thereunto belonging and including all heating,
<br />plumbing and lighting futures 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 sate against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of homestead,
<br />and all marital rights, either in law or in equity and all other contingent interests of the Mortgagor in and to the above - described
<br />premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other rights and
<br />interests as aforesaid.
<br />Provided 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 Sixty One Thousand Fifty and
<br />00/ 100ths --------------------------------------- Dollars(!61,050.00 >,
<br />with the interest from
<br />padate at the rate of Nine per centum ( 9.0 010) per annum on the 'd The unpaid al ADJUSTABLE RATEp p RIDER and interest shall be payable at the office of Superior Mortgage', Inc.
<br />in Grand Island, NE or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Four Hundred Ninety One and 22/100ths----------------
<br />SEE ADJUSENLLE RATE Dollars (S 491.22 ), commencing on the first day of January
<br />RIDER
<br />19 88 . and on the first day of each month thereafter until the principal and interest are fully paid• except that final payment of
<br />principal and interest, if not sooner paid, shall be due and payable on the first day of December,
<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 - (amity programs of the National Housing Act which re-
<br />quire a One -Time Mortgage insurance Premium payment (including sections 203(b) and (i)) in accordance with the regulations for those
<br />programs.
<br />Previous Editions Are Obsolete HUD- 92143M•1 (11.86 Edition)
<br />Page 1 of 4. 24CFR 203.17(a)
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