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<br />State of NebraWw Mortgage ` °...
<br />87-106877 321- 1219326 -203b
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<br />TW Modgsge, made and executed this 27th day of November
<br />19 87 , by and between Robert Michael Vasey and Denise L. G— Vasey, each in his and her own
<br />right, and as spouse of each other, , and State of Nebraska, party of the first part, hereinafter called
<br />Of the County of Hall
<br />the Mortgagor, and The Equitable Building and Loan Association, Grand Island
<br />a corporation organized and existing under the laws of the State of Nebraska,
<br />party of the second part, hereinafter called the Mortgagee,
<br />Wi1essea: That the said Mortgagor, for and in consideration of the sum of Thirty Two Thousand Nine Hundred
<br />and no/100 -------------------------------------------- Dollazs (S 32,900.00 ), paid by the Mort-
<br />gages, 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 Twenty Eight (28), Potash Subdivision, Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all
<br />acres according to Government survey:
<br />To Have and To Held the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plumbing sad lighting futures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />ppe, 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 tlxe Mortgagor will warrant and
<br />defend the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />homatard, and all marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above -
<br />daeribed premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />rights and interests as aforesaid.
<br />Plow 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 Thirty Two Thousand Nine Hundred and
<br />no /100 ------------------------------------------------ Doilars(532,900.00 ).
<br />with interest from date at the rate of Eleven per centuxn ( 1 1 .0 ge) 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 />may designate in wridng, in monthly installments of Three Hundred Thirteen and 32/ 100 -------------------
<br />--------------- -Dollars (S 313.32 ), commencing on the first day of December
<br />19 87 , and on the first day of each month thereafter until the principal and interest are fully paid, except that the final payment of
<br />principal and interest, if not sooner pail. shell be due and payable on the first day of November
<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 - family programs of the National Housipp Act which pro-
<br />Previous Editions Are Obsolete
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