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In
<br />Staff, of NeWaaka Mortgage FHA Co" Ha
<br />87— 108887 1 321- 1218827 -203b
<br />Tlds Mortgage, made and executed this 25th day of November •
<br />19 87 , by and between Glen A. Kluthe and Bonnie K. Kluthe, 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 MO"BaW. 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 />Wkswesth: That the said Mortgagor, for and inconsideration of the sum of Twenty Five Thousand Seven Hundred
<br />and no/100 ----------------------- ------------ - - - - -- -Dollars ($ 25,700.00 ), paid by the Mort-
<br />pgee, 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 />Lots Three (3) and Four (4), Block Three (3), Original Town of Cairo, Hall County,
<br />Nebraska.
<br />of the Sixth Principal Meridian. containing in all - - --
<br />acres according to Government survey:
<br />To Have asld To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />p)wnbiug and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />gagee, and to its successors amt 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 the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />homestead, and all 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 title, in fee simple, including all rights of homestead, and other
<br />rights and interests a aforesaid.
<br />Prevlied 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 Twenty Five Thousand Seven Hundred
<br />and no /100 ----------------------------------------- Dollars (1 25,700.00 ).
<br />with interest from date at the rate of Ten and One -Half per centum ( 10.5 %s) 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 writing, in monthly installments of Two Hundred Thirty Five and 09/ 100 -------------------
<br />------------- -Dollars (S 235.09 ), 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 used In connection with mortgages Insured under the one- to four- famlly programs of the National Housing Act which pro-
<br />vide for periodic Mortgage Insurance Premium payments.
<br />Previous Editions Are Obsolete HUD -92143M (346 n)
<br />Page 1 of 4 24 CFR 203.17(3.17(b)
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