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ss <br />S1l =of Ntlbritlllfi <br />4962 <br />k9e <br />rA <br />321 - 1127381 �^ <br />This 11111 till e, made and executed this 26th day of November <br />19 86,'bymW between JERRY J. BRABANDER AND M. KATHERINE BRABANDER, 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 />a corporation organized and existing under the laws of UNITED STATES OF AMERICA <br />party of the second part, hereinafter called the Mortgagee, <br />�Yluswah: That the said Mortgagor, for and in consideration of the sum of Fifty Five Thousand One Hundred <br />Fifty &= no /100 - - - - - - - - - - - - - Dollars (S 55,150.00 ), paid by the Mort- <br />VW, the receipt 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.Eighteen (18), R & B Second Subdivision to 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 acres according to Government survey: <br />To Hirrend To Roll the premises above described, with all the appurtenances thereunto belonging and including all heating. <br />plumbing and lighting fixtures and equipmar now or hereafter attached to or used in connection with said real estate unto the Mort- <br />gy 1 and to its successors and assigns, forever. The Mortgagor represents to, and covenants with. the Mortgagee, that the Mort- <br />pW has good right to sell and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and <br />I ft I the same against :be lawful claims of all persons 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 />described 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 aforesaid. <br />PI-1 i'At roM and these presents are exectted and delivered upon the following conditions, to wit: <br />The Mortgagor agree to pay the Mortgagee, or order, the principal sum of Fifty Five Thousand One Hundred Fifty <br />and,no /100 — — — — — — — — =— — — — — — — Dollars(s 55,150.00 ), <br />with interest from date at the rate of Nine & One —Half per centum ( 9.5 %) per annum on the <br />unpaidibalanee until paid. The said principal and interest shall be payable at the office of FIRSTIER BANK, NATIONAL <br />ASSOCIATION, OMAHA <br />is OMAHA, NEBRASKA , or at such other place as the holder of the note <br />may designate in writing, in monthly installments of Four Hundred Sixty Three & 73/100 — — — — — — — <br />Donars (s 463. 73 ), commencing on the first day of January <br />t9 87 , 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 December, <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 payments. <br />Previous Editions Are Obsolete HUD-92143M (346 Edition) <br />Pape a of { =e. { . 24 CFR 203.17(b) <br />