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Salt. of NWwamka (Mortgage M,e.»N..
<br />86-10618,9 1321-1123829
<br />This 11 made and executed this 24th day of October
<br />19 86 by and between Robert L. Martinez and Debra L. Martinez, husband and wife,
<br />Of the county of Hall , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor. and FIRSTIER BANK, NATIONAL ASSOCIATION, OMAHA
<br />corporation orhanjaed and existing under the laws of United States of America
<br />party of the second part, hereinafter called the Mortgagee,
<br />Wows": That the said Mortgagor, for and in consideration of the sum of Sixty Seven Thousand Five
<br />Hundred Fifty and no /100 - - - - - - - - - - - - - DO(JAZI (S 67, 550.00 ), paid by the Mort-
<br />p pe, the. 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 />Lot Five (5), in Wolfe's Second Subdivision, in the City of Grand Island, Hall County,
<br />Nebraska.
<br />The Rider to the Mortgage attached hereto and executed of even date herewith is incorporated
<br />herein and the covenants and agreements of the rider shall amend and supplement the
<br />covenants and agreements to this mortgage.
<br />THIS IS A PURCHASE MONEY MORTGAGE.
<br />of the Sixth Principal Meridian, containing in all City Lot
<br />acres according to Government survey:
<br />To Ehm sari To Eleld the premises above described. with all the appurtcaatim thereunto belonging and including all heating,
<br />plumbing and Nola futures and equipment now or hereafter attached to or used in connection with said real estate unto the Mort-
<br />pgx, and to its successors and assigns, forever. The MortPgor represents to. and covenAut with. the Mortgagee, that the Mort -
<br />raw bos good right to all and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and
<br />defend the some against the lawful claims of all pawns 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 />daaibod premiux, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />rights and interests as aforesaid.
<br />]NOW Always, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor apex to pay the Mortgagee, or order, the principal sum of Sixty Seven Thousand Five Hundred
<br />Fifty and no /100 - - - - - - - - - - - - - - - - - - - fbUSITs (S 67, 550.00 )
<br />with interest from due at the rue of Eight and one-half, per centum ( - -8.5 -- %) Per annum on the
<br />impaid balance until paid. The said principal and interest shall be payable at the office of FIRSTIER BANK, NATIONAL
<br />ASSOCIATION, OMAHA,
<br />in OMAHA, NEBRASKA or at such other place as the holder of the note
<br />may daignue in writing, in monthly installments of Five Hundred Nineteen 6 40/100 - - - - - - - - -
<br />Dollars (S 519.40 ), commencing on the first day of December
<br />19 86 , 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, 2016
<br />2D16 ; 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- family programs of the National Housing Act which pro-
<br />vide for periodic Mortgage Insurance Premium payments
<br />HUD-92143M 24 FR Edition) Previous Editions Are Obsolete
<br />Page t of s d!1 CFi 203.17(b)
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