86- 145887
<br />ON" of NIllbroom M0 nu c." «..
<br />321- 1115964 –746
<br />TM 11 IS t, made and executed this 17'1H day of OCTOM
<br />19 86 . by and baween lQCH M W. PALU AND VIC'TW& J. PALU HUSW1M AND WIFE
<br />of tW-CMMY of BALL . and State of Nebraska, party of the first part, hereinafter called
<br />i s Mort /yes. and Mng= BitiN1C MORWA, NA't OWL ASSOCIATION
<br />a oosporatim orgaaiasd and existing under the laws of TM UNrM STATBS OF AMMICA
<br />pasty of the second part, hereinafter called the Mortgagee,
<br />VAlmooMb, That the said Mortgagor, for and in consideration of the sum of THIRTY ONE '141OUSM AND
<br />00/100— Dollars is 31,000i.00 ), paid by the Mort -
<br />gag«+ the receipt of which is hereby acknowl edged. has Granted and Sold and by these presents does Grant, Bargain, Sall, Convey
<br />ass Confirm unto the Mortgagee, its successors and assigns, forever, the following-described real estate, situated in the County of
<br />HAM , and State of Nebraska, to wit:
<br />LOT TOWW ONE (21), BISHOP HEIGM THM SUBDIVISION, HALL CO(WN,
<br />THIS IS A PUlaMUM NlOWY MRTGAGE.
<br />THE RIDER 10 THE N ORTGKZ ATTACM) HEERD AND EXBW= OF EVEN DATE HER34I9H
<br />IS iii HEREIN AND THE COVIIAlN15 AND AGREEMUS OF THE RIDER SHALL
<br />MW AM SUPPLEMW THE COVENIOUS AND AGREENDITS OF THIS NOFTGAGE.
<br />of the Sixth Principal Meridian, containing in all city lot acres according to Government survey:
<br />To Ease and To E M the premises above described. with all the appurtenances thereunto belonging and including all beating,
<br />plraabiag laid lighdog t6tares and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />gagee. and to its successors and anigm forever. The Mortgagor rgwcmu to, and covenand with, the MortWee, that the Mort-
<br />pow has good not to sell and convey said premaw. that they are free from encumbrance; and that the Mortgagor will warrant and
<br />defend the sase against the lawful claims of all person whomsoever: and the said Mortgagor hereby relinquishes all rights of
<br />homestaed, said 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 ist4rats as aforessid.
<br />lsesiisd Alwas, and these presents are executed and delivered upon the following conditm, to wit:
<br />The htongeSor agrees to pay the Mortgagee, or order. the principal stmt of TRIM CM 7EW.9W AND 00/100
<br />"-liars is 31,000.00 ).
<br />with interest from date at the rate of N1IM AND 500/100(l per centum ( 9.500 %) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of
<br />HIM= BANK HEMSCA, NATIONAL ASSOCIATION, 202 WEST TH M MEET
<br />in GRAND ISLAND, M 68801 , or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of TWO HUNDRED SIXTY AND 67/100
<br />Dollars (s 260.67 ), commencing on the first day of DW_j2g R 01
<br />19 86 , and on the first day of each mouth 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 N DVEI*M 01
<br />2(1 16 : all according to the arms of a certain promissory note of even due herewith executed by the said Mortgagor.
<br />This form Is used In connection with mortgages Insured under the one- to four•iomiiy ptograme of the National Housing Act which pro-
<br />vide for periodic Mortgage Insurance Premium payments.
<br />Previous Editions Are Obsolete Nta)92143M (34W Edition)
<br />Page 1 of 4 24 _CFR 203.17(b)
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