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87. 106839
<br />3W9 of NotimeM Mortgage "IA Ca" FW
<br />321-1215983-203(b)
<br />ThloMertiM, made sixicxecuted this 24th day of November
<br />19 87 by and between Felix G. Chacon and Nancy A. Chacon, 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, hereinafter called
<br />the Mortgagor. and The Equitable Building and Loan Association, Grand Island, Nebraska
<br />a corporation organized and adding under the laws of the State of Nebraska
<br />party of the second pan, hereinafter called the Mortgagee,
<br />Whosomb: That the said Mortgagor, for and in consideration of the sum of Twenty Thousand Six Hundred Fifty
<br />and no/100 ------------------------------------------- Dollstrs(S 20,650.00 ), paid by the Mort-
<br />Sam, 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 sucoessm and allsigns, forever, the following-described real estate, situated in the County Of
<br />Hall and State of Nebraska, to wit:
<br />Lots Seven (7) and Eight (8), in Block Twelve (12), in John W. Lambert's Addition to
<br />the City of Grand Island, Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all ---------- acres according to Government survey:
<br />To Have and To HoM the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />Von and to its succasiors and assign, forever. IU Mortgagor represents to, and covenants with, the Mortgagee, that the Mort-
<br />gagor but, good right to sell and convey 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 whornsoem; and the said Mortgagor hereby relinquishes all rights of
<br />bomemod, and all morked rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above-
<br />described premises, the intendon being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />rigbas and interests as aforesaid.
<br />P 61 Ahr@M and then 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 Twenty Thousand Six Hundred Fifty and
<br />no /100 --------------------------------------------- Dollars (S 20.650.00
<br />with interest from date at the rate Of Ten and One-Half per centum( 10.50 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 />to Grand Island, Nebraska or at such other place as the holder of the note
<br />may designate in writing, in monthly installments Of One Hundred Ei hty Eight and 89/ 100-------- -
<br />-------------- DOUM (S 188.89 ), commencing on the first day of December I
<br />19 87 , and on the run day of each month thereafter until the principal and interest arc fully paid, except that the final payment of
<br />principal and interest, if no sooner paid, shall be due and payable on the rust day of November
<br />2017 ; 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 - family programs of the National Housing Act which pro-
<br />vift for pwkxft Mort~ Inountme Prwnlum payments. HUD -92143M (3-66 Edition)
<br />Previous Editions Are Obsolete Page I of 4 24 CFR 203.17(b)
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