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sW. of NebnsM Mortgage , e.» w..
<br />321 - 1114760 -203
<br />ma mergW, made and executed this 30th day of October
<br />19 86 , by and between Josephine A. Shafer, a single person,
<br />of the County of Hall . and State of Nebraska, party of the first part. hereinafter called
<br />the Mastpidor,and The Equitable Building and Loan Association, 113 -115 N. Locust St.
<br />Grand Island, NE
<br />a corporatioe organized and exntins under the laws of the State of Nebraska
<br />Palo of the second pam hereinafter called the Mortgagee.
<br />WhosMMht That the said Mortgagor, for and in consideration of the sum of Twenty Seven Thousand Eight Hundred
<br />and no/ 100------------------- --- ------ -- -- - - - -- -- Dollars (S 27, 800.00 ). paid by the Mort -
<br />pW, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Sell, Convey
<br />and Confttm unto the Mortgagee, its successors and assigns, forever. the following - described real estate, situated in the County of
<br />Hal l , and State of Nebraska, to wit:
<br />Lot Four (4), of Abrahamson's Subdivision Iumber 3, located
<br />on and being a subdivision of Blodk Twenty (20), in
<br />Schimmer's addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />of the Sixth Principal Meridian. containing in all ---- -- -- -- aces according to Government survey:
<br />To Have and To lgali the premises above described, with all the appurtenances thereunto belonging and including all beating.
<br />plumbing and ligluitig fixtures and egtupmem now or hereafter attached to or used in connection with said real estate unto the Mort -
<br />SOW, and to its saner &ors and ate, forever. The Mortgagor repreeuts to, and covenanti with. the Mortgagee, that the Mort-
<br />gagor has good tight 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 wbonsoever; and the said Mortgagor hereby relinquishes all rights of
<br />hometead, 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 plemisa, 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 />Plow Always, and these presents are executed and delivered upon the following conditions. to wit:
<br />The Mortgagor agrees to pay the Mortgagee, or older. the principal sum of Twenty Sever, Thousand Eight Hundred
<br />and no/ 100---~----- -- ----- --- --------- ---- - - - ---- Dollars (i 27,800.00 ),
<br />with interest from date at the rate of Ten Per certtum ( 10
<br />%s) per annum on the
<br />unpaid balance until pod. The said principal and interest shall be payable at the office of the Equitable Building and
<br />Loan Association
<br />in Grand Island, NE or at suzb other place as the holder of the note
<br />may designate in writing, in monthly installments of Two Hundred Forty Three and 97/100 --------------
<br />Doften (S 243.97 ). commencing on the first day of November
<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 farst day of October
<br />20 16 ; all according to the terms 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 - family programs of the National Housing Act which pro-
<br />vide for periodic Mortgage Insurance Premium Psyrrilints. _ ` i n)
<br />r
<br />Previous Editions Are Obsolete HUD9Y1s
<br />Pape 1 of 0 21 4 _' CA dRlo CFR 203.17(b)
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