|
r Sute Of Newsom M ingage FNA Gw No.
<br />fr 106879 jg 321- 1218308 -203b
<br />7
<br />Thk Merlgage, masse and executed this 25th day of November
<br />19 87 , by and between Randy Eugene Kraft and Sandra Renee Kraft, each in his and her own right,
<br />and 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,atd 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 />Wpaaselh: That the said Mortgagor, for and in consideration of the sum of Twenty Nine Thousand Eight Hundred
<br />and no/100 -------------------------------------------- DoUsrs (S 29,800.00 ), 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 sad assigns, forever, the following -described real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Lot Eight (8), Block Nineteen (19), in the Original Town, now City of Grand Island,
<br />Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all --- ----------- 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 fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />gaga, and to its enccessors and assignee, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort-
<br />flagor, has good tight to all and convey said premises; that they are free from encumbrance, and that the Mortgagor will warrant and
<br />defend the sate against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />head, and an marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above-
<br />described premises, the intention being to convey hereby an absolute tick, in fee simple, including all rights of homestead, and other
<br />tights and interests as aforesaid.
<br />P ofiiei Alwom 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 Twenty Nine Thousand Eight Hundred
<br />and no/100 ---------------------- ------------- - - - - -- Dollars (S 29,800.00 )•
<br />with interest from date at Use rate of Ten and One Hal f per centum ( 10.50 %) per annum on the
<br />unpaid balance unto 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 writing, in monthly installments of Two Hundred Seventy Two and 60/ 100 -----------------
<br />-------- - - - - -- Dollars (f 272.60 ), 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 paid, shall 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 wed in connection with mortgages Insured under the orbs- to four - family programs of the National Housing Act which pro-
<br />vide for periodic Mortgage Insurance Premium payments.
<br />Previous Editions Are Obsolete _ HU"2143M (3-aa Edition)
<br />Page 1 of 4 24 CFR 203.17(b)
<br />• L J
<br />
|