I
<br />4 86..r.l =107068 -_--,
<br />snu of Newaska Mortgage F"A e.» �..
<br />321- 1121256
<br />TW Mlotttgage, made and executed this 8th day of December
<br />19 86 , by and between Ronald Wayne Troester and Cynthia Loree 'rroester, 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 />TAsswMMY: That the said Mortgagor, for and in consideration of the sum of THIRTY FIVE THOUSAND, SIX HUNDRED AND
<br />NO/ 100--------------- ---------------------- - - - - -- Dollars ($ *35,600.00* ), paid by the Mort-
<br />gagee, 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 Three (3), Block One (10), Waggener Subdivision to the City of Grand Island,
<br />Hall county, Nebraska.
<br />The Rider to the Mortgage attached hereto and executed of even date herewith is
<br />incorporated herein and the covenants and agreements of the rider shall amend
<br />and supplement the 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 Have amid To Bet/ the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plumbing and lighting futures 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 assigns, forever. The Mortgagor represenu to, and covenants with, the Mortgagee, that the Mort-
<br />gttgttr has good right 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 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 />descrilied premises, the intention being to convey hereby an absolute tick, in fee simple, including all rights of homestead, and other
<br />rights and interests as aforesaid.
<br />IP 0 AlwaM and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mort�Qr aaggreroesa to pay the Mortgagee, or order, the principal sum of THIRTY FIVE THOUSAND, SIX HUNDRED
<br />AND 100---------- --- ------ ------------- -- - - - - -- Dollar, (S *35,600.00* ).
<br />with interest from due at the rate of Nine and One -Half per centum ( 9.50 %i) per annum on the
<br />unpaid 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 designate in writing, in monthly installments of Two Hundred, Ninety Nine and 34/100 - - - - - - - - - -
<br />- - - - - - Dollars (S *299.34* ), commencing on the first day of February
<br />19 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 January
<br />m 17; 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 />vkfe for periodic Mortgage insurance Premium payments.
<br />Previous Editions Are Obsolete HUD -92143M Edition)
<br />t of 4 24 CFR FR 203.17(b)
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