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86— 107279 �_-
<br />sai. of NN math Mortgage
<br />321- 1131536 -248
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<br />II& Mwegap. made and executed this 19th day of December
<br />19 86 , by and between David L. Callihan and Julie D. Callihan, each in his and her own right
<br />and as spouse of each other,
<br />of the County of Hall , and State of Nebraska, party of the first part, hereinafter called
<br />dw Moetpgor, and The Equitable Building and Loan Association, 113 -115 Wrth Locust St.,
<br />Grand Island, ffi
<br />a corporation organized and existing under the laws of the State of ebra.ska
<br />party of the second part, hereinafter called the Mortgagee.
<br />iYirwaW*: That the said Mortgagor, for and in consideration of the sum of Twenty Nine Thousand Six Hundred
<br />and no/100 ------------------------------------------- Dollars (S 29, 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 />:call , and State of Nebraska, to wit:
<br />Lot Une hundred .Forty Five (145), in Buenavista Subdivision,
<br />3n adCitlOn t0 tize .,� Of rani i ;land, Hall Co. , -E
<br />of the Sixth Principal Meridian, containing in all
<br />acres according to Government survey:
<br />To flare sod To Hold the premises above described, with all the appurtenances thereunto belonging and including all heating,
<br />plumbing and lighting fixtures 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 represents to, and covenants with, the Mortgagee, that the Mort-
<br />gagor 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 sane 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 />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 />Proriied Always, 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 sum of Twenty :dine Thousand Six Huadired
<br />and no/ 100------------ ------------ ----------- - - - - -- Dollars($ 29,600.00 ).
<br />with interest from date at the rate of , en per centum ( 10 %) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of The Equitable buildinig and
<br />Loan Association
<br />in Grand Island, ,E or at such other place as the holder of the note
<br />may designate in writing, in monthly installments of Two i',unc;r•ed Fifty tare ana 6/ 1UU---------------
<br />------------- Dom ($ 25y,76 ), commencing on the first day 6f January
<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 December , 2017
<br />20 17 ; all according to the terms of a chain promissory note of even date herewith executed by the said Mortgagor.
<br />This form is used in connection with mortgages insured under the ono- to tour - family programs of the National Housing Act which pro-
<br />vide for periodic Mortpaps Insurance Premium payments —_
<br />Previous Editions Are vbso;ete HUD- 92143M (3i0 Edition)
<br />Pape 1 of 4 24 CFR 203.17(b)
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