86-- 107531 5
<br />9a9s oft.
<br />321- 1120714 -203
<br />llis hlsagage, mule and atecuted this 31st day of December
<br />19 86 ; by and betwaeu Roger D. Splattstoesser and Peggy S. Splattstoesser, each in his and
<br />her own right and as spouse of each other,
<br />of die Coasty of, Hall , and State of Nebraska, party of the fins part, berdnaf'er called
<br />the More /agor,aad The Equitable Building and Loan Association, 113 -115 North Locust St,, ,
<br />Grand Island, NE
<br />a oorpon en oripaind and eded" trigs the laws of the State of Nebraska ,
<br />pairty of dw second part, hacinafter called the Mortgagee,
<br />Wllarwlt That the said Mortgagor, for and in consideration of the sum of Thirty Two Thousand Nine Hundred
<br />and no/ 100------------------- -------------------- - - - - -- 'Dollars (S 32, 9U0.00 ), paid by the Mort-
<br />prsrs the fee@ t of wbkb is hereby acknowledged, has Granted acid Sold and by then presents does Grant, Bargain. Sell, Convey
<br />said Cm&m unto the Mortgligee, its successors and assigns, forever, the following - described real state, situated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Lot Eleven (11), in fractional Block Nine (9), in Ashton Place,
<br />an addition to the city of Grand Island, Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all °_ --_-- acres according to Government survey:
<br />To Has will To MM the premise above darn'bed, with all the sppuncuances thereunto belonging and including all heating,
<br />piasbing.and ishting fixtures and equipment now or hereafter attached to or used in connection with said red state unto the Mort-
<br />>1M . and to its MccM rs and apigos, forever. The Mortgagor represents to. and covenants with, the Mortgagee. that the Mort-
<br />gagor.bae good right to all and convey said premise: that they are free from encumbrance; and that the Mortgagor will warrant and
<br />def ed the same against the lawful dam of all pawns whornwever; and the said Mortgagor hereby relinquishes all rights of
<br />bosesrisMA, and all saarital rights, ether in law or in equity, and all other comingent interests of the Mortgagor in and to the above -
<br />detaibad granites. the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />rights aced interests as aforesaid.
<br />Piesiiei Alwyn, 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 Thirty Two Thousand !line Hundred
<br />and noel 100 ---- -------- -------------------- Milan (S321900.00 ).
<br />with insert from date at the rate of Ten per ce tuns ( 10 %) per annum on the
<br />unpaid balance ussil paid. The said principal and interest shall be payable at the office of The Equitable Building and
<br />Loan Association
<br />in Grand Island, Nebraska or at such other place as the holder of the note
<br />may designaoe in writing, in monthly installments of Two Hundred Eighty Eight and 73/100----- — ------------
<br />---- Dollars (S 288.73 ). commencing on the first day of 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 />priacipd and iesaest, if not sooner paid, shall be due and payable on the first day of December
<br />29 16 ; dy ceding to the tams of a Certain promissory note of even date herewith executed by the said Mortgagor.
<br />This forni la usad in oonitist.•tlon with mortgage insured under the one- to tour- fanily programs of the National Housing Act which pro-
<br />vkls for periodic Moripp Inwrence PLetMum payments.
<br />Previous Editions pa Are Obsolete HUtM211 (346 Edition)
<br />Pa 1 of 4 24 4 CFR 203.17(b)
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