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<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)
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