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RE-RECORDED 86— 10754 sue. of �10009� mortgage FF- H, 1 3330-703 TM, T , me& and executed this 31 st day of Decor l4 and between GERALD It. ALLBERY and JULIE R. ALLOERY„ It I FE of the County of HAIR and State of Nebraska, party of the first part, hereinafter called the Mortgagor, and SUPERIOR MORTGAGE. INC. P.O. BOX "S'. GRAMID ISLAND, NE 68802 a corporation organized and -max under the laws of THE STATE OF NEBRASKA party; of the second part, hereinafter called the Mortgagm 71nat the said Mortgagor, for and in consideration of the sum of Forty Thousand Fifty and Ito/ 100 ths----------------------------- -- --------------------------- -- Dollars (S 409050.00 ). paid by the Mort - gagt the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain. Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described real estate. situated in the County of WALL , and State of Nebraska, to wit: LOT NINETEEN (19), IN RELITIPG'S SECOND SUBDIVISION, HALL COUNTY, NEBRASKA. of the Shah Principal Meridian, containing in all acres according to Government survey: To He" acid To HeN the premises above described. with all the appurtenances thereunto belo igitig and including all treating, plumbing and lighting fvtturea and equipment now or hereafter attached to or used in connection with said real estate unto the Mort - sagee, and to its mccown and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mort- gagor tae good right to sell and convey sold premises; that they are free from encurabrsnce; and that the Mortgagor will warrant and defend the saw against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of and all marital rights, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above- described pthe intention being to convey hereby an absolute tick, in fee simple, including all rights of homestead, and other rights and interests as aforesaid. Proviiei Ate, and these presents are executed and delivered upon the following conditions, to wit: The Mortgagor agrees to pay the Mortgage, or order, the principal sum of Forty Thousand Fifty and No/100ths---------- ----- ----- -- --- ---------- ------- --- -- Dollars (S 40,050.00 ). with interest from date at the rate of Nine per centum ( 9.000 'fe) per annum on the unpaid balance until paid. The said principal and interest shall be payable at the office of SUPERIOR MORTGAGE, INC. P.O. BOX "S" in GRAND ISLAND, NE 68902 or at such other place as the holder of the note may designate in writing, in monthly installments of Three Hundred Twenty -Tyro and 25/100ths ------------------------- ------------------- Dollars (S 322.25 ). commencing on the first day of February 19 B7 , and on the first day of each month thereafter until the principal and interest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on the first day of January 2017 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor. This fort is used in connection with mortgages Insured under the one. to four- fantilY programs of the National Housing Act which pro- vide for periodic MORPpe I ,PMnium paydrresits Previous Editions Are Obsolete '' - HUD -92143M (3Rae Edition) Page = of p 24 GFR 203.17(b) R