|
86— 105448
<br />sew of Notini d e Mortgage
<br />321 - 1082341 -203
<br />Thfa Msselgge, made and executed this 22nd day of September
<br />19 86 , by and between Tim C. Plate and Debra D. Plate, 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 caU94
<br />the MostpW,and The Equitable Building and Loa); Association, 113 -115 N. Locust St.
<br />Grand Island, NE
<br />a omporedw orgaitined and existing under the laws of the State of Nebraska
<br />party of the second part, hereinafter called the Mortgagee.
<br />V11te pik: That the said Mortgagor, for and in consideration of the sum of Eighty Six Thousand Two Hundred
<br />Fifty and no/ 100------- -- ---------- ----- ---- ---- - - - - -- Dollars (S 86,250.00 ), paid by the Mort -
<br />pox, the receipt of which is hereby acknowledged, his Granted and Sold and by these presents does Grant. Bargain. Sell. Convey
<br />and Couffrm unto the Mortgages, its successors and assigns, forever, the following - described real estate, situated in the County of
<br />!fail , and State of Nebraska, to wit:
<br />Lot Four (4), in Block Eight (8), in Wiebe's Addition
<br />to the City of Grand siand, Hall County, Z
<br />of the Sixth Principal Meridian, containing in all - --
<br />acres according to Government survey:
<br />To Have sod To HeN the premises above described, with all the appurtenances thereunto belonging and including all heating.
<br />phmbing and Iightiog fixtures and equipmrnt now or hereafter attached to or used in connection with said real estate unto the MOrt-
<br />gages, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort-
<br />Vigor has good right to all and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and
<br />defead the asset against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />homestead, and all marital tights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above -
<br />desaibed 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 aforeaaid.
<br />Irrev A1wsM and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrtxs to pay the Mortgagee, or order, the principal sum of Eighty Six Thousand Two Hundred
<br />).
<br />Fifty and no /100--- -------- -------- - - - - -- - -- - - -- Dollars (S 86,250.00
<br />with interest from date at the rate of Nine and One Half' per centum ( 9 %) 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 of Grand Island, ,,E
<br />in Grand Island, NE , or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Seven hundred Twenty Five and 24/100 --------------
<br />-- - - - - -- --ors (S 725.24 ), commencing on the first day of GCtDber
<br />19 lib . 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 September
<br />20 16 ; an 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 Mousing Act wnicn pro-
<br />vide for periodic Mortgage insurance Premium payments.
<br />Previous Editions Are Obsolete > HUD 42143M (Fora Edition)
<br />Page 1 of 4 21 CFA 203 1710
<br />a
<br />L—J
<br />I
<br />
|