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86--e 105420 amlll of Nabru l g* a� 321 - 1114827 -203 lttia Agblp�e. nada and executed this 25th day of September 19 86'i by and between Douglas A. Donahue and Judith A. Donahue, each in his and her own right• and as spouse of each other, of tie CMMW of Hall , and Stare of Nebraka, party of the first pert, bereiixa[ter called •and The Equitable Building and Loan Association, 113 -115 North Locust St. Grand island, Nebraska a oorporadon organised and existing under the lawn of the State of Nebraska PWY of the noond part, ierdwlter called the Morton, MUN udt That the said Mortgyor, for and in considemtkic of the sum of Forty -One Thousand and 50/ 100---- - -- ----�laris (S 41,050. 00 ), lid by the Mort - war the mWpt of which is hereby acknowledged, ha Granted and Sold and by there presents does Grant, Bargain, Sea, Convey add'Conflirm unto the Mortgagee, its suooaeora and assigns, forever, the fonowing- described real estate. situated in the County of Hall , and State of Nebraska, to wit: Lot Six (6) in Block One Hundred Thirty (130) in Koenig and Wiebe`s Addition to the City of Grand Island, Hall County, Nebraska. of the Sixth Prin ipd Meridian. containing in an ------------ acres according to Government survey: To Hayed To HeN the premises above described, with all the appurtenances thereunto belonging and including all heating, plumbing and Ong fatares and egoipmeat now or hereafter attached to or used in connection with said real estate unto the Mort- pot. and to its secoessors and assigns, forever. The Mortgagor represents to. and covenanti with, the Mortgagee, tbat the Mort- on has food rkht to sell and convey said premises; that they are free from encumbrance and that the Mortgagor will warrant and defend the ssena agsmrt the lawful dam of all persons whomsoever and the said Mongagor hereby relinquishes all rights of homestead. and all marital rights. either in law or in equity. and all other contingent interests of the Mortgagor in and to the above- described praeiaes. the intention being to convey hereby an absolute tide. in fee simple, including all rights of homestead. and other rights and infarats as aforesaid. lharliei Aiwga, and those presents are executed sad delivered upon the following conditions, to wit: The Mortgage ogees to pay the Mortgagee, or -rder, the principal sum of Forty One Thousand Fifty and no /100-- --- ---- --- --- -- - - ---- Dollars($ 41,050.00 ) with imerest from date at the rate of Ten per centum ( 10 %) per annum on the balance until paid. The said principal and interest shall be payable at the office of The Equitable Building and Loan Association in Grand Island, 1,E or at such outer place as the holder of the note may desipae in writing. in monthly installments of Three Hundred Sixty and 25 /100 ------------------------ ��_��—__ Dollars ($ 360.25 ), commencing on the first day of October 19 86 , sad on the first day of each month thereafter until the principal and interest are fully paid, except that the fetal payment of principal and interest, if not sooner paid, shall be due and payable on the first day of September 20 16 ; an according to the terms of a certain promissory note of even due herewith executed by the said Mortgagor. This form Is used M connection with mortgages insured under the one- to four - family programs of the National Housing Act which pro- vide for periodic Mortgage insurance PraMwn payments. Previous EQitions Are Obsolete HU042143M Will EdMm) Page 1 of 4 24 CFR 203.17(0) 4