|
ftft of MebraWa
<br />19
<br />85 07256
<br />Mortgage
<br />F" can w
<br />321 - 1114906 -203
<br />W, made and executed this 17th day of December ,
<br />and between Dennis D. Gruener, a single person, and Teresa L. Schieno, a single
<br />of the Cowty of Hall , and State of Nebraska, party of the runt part, hereinafter called
<br />the Mortiliaiiior, aod The Equitable Building and Loan Association, 113 -115 North Locust St.,
<br />Grand Island, NE
<br />a corporation organized and existing under the laws of the State of Nebraska
<br />party of tie second part, hereinafter ailed the Mortgagee,
<br />VAhwulk That the said Mortgagor, for and in consideration of the sum of Twenty Eight Thousand Seven Hundred
<br />and no/100 ----------------------------------------- Dollars (S 28,7()0. 00 ). paid by the Mort-
<br />saw, 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 assipn, forever. the following - described real estate, situated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Lot Eight (8) of Gilbert's Subdivision of Block One (1) of
<br />Gilbert's Second Addition to the City of Grand Island, Hall
<br />County, NE.
<br />of the Sixth Principal Meridian, conMinins in all ----- - - - - -- acres according to Government survey:
<br />To Have sand To ReM the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />pheabing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real emote unto the Mort-
<br />SeSM and to its socoesem and assigns, forever. The Mortgagor re wesents to, and covenants with, the Mortgagee. that the Mort-
<br />pgor has :good :r*W to sell and convey said premises: that they are free from encumbrance; and that the Mortgagor will warrant and
<br />defend the ume against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />homestead, and aE mad" rigins, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above -
<br />desctibed psesises, the ikon being to convey hereby an absolute tick, in fee simple, including an rights of homestead, and other
<br />rewita d iaarats as aforesaid.
<br />PION AhraM and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay the Mortgagee, or order, the principal sir- of Twenty Eight Thousand Seven Hundred
<br />and ,no/ 100 ---------------------------------------- Dollars($ 28,700.00 )•
<br />with interest from date at the rate of Ten per centu- ( 10 %) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of The Equitable Building
<br />and Loan Association
<br />in Grand Island, NE or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Two Hundred Fifty One and 87/100------------- - - - - --
<br />------ -- - - -- Doldan (S 251.87 ), commencing on the first day of January
<br />19 87, and on the first day of each mouth thereafter until the principal and interest are fully paid, except that the fund payment of
<br />principal and iotei=4 if not sooner paid, shall be due and payable on the first day of December
<br />20 17 ; 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 mortgeges insured under the one- to four - family programs of the National Housing Act which pro.
<br />vide for pa kmft Moftgage Insurance PnonWm payments
<br />Previous Editions Are Obsolete — HUD -62143M (S !a Edition)
<br />Page 1 of 4 24 CFR 203.17(b)
<br />u
<br />I
<br />
|