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9s--'- 105310
<br />State of Nebraska Mortgage 4 i fl7/ G` "& 1
<br />321- 1114912 -203
<br />This Mortgage, made and executed this 18th day of . September
<br />19 86 , by and between Monte C. Perkins and Sheryl A. Perkins, each in his and her own right
<br />and as spouse of each other,
<br />of the County of Hall , and Stater of Nebraska, party of the first part, hereinafter cWW
<br />the Mortgagor, and The Equitable Building and Loan Association, 113-115 N. Locust St,
<br />Grand Island, NE
<br />it corporation organized and existing under the laws of the State of Nebraska
<br />,party of the second nrd part. hereinafter caLed the Mortgagee,
<br />Wit; That the said Mortgagor, for and in consideration of the grim of Thirty Eight Thousand hine hundred.
<br />Fifty and no /100-- --- - -- ------ ---- -- Dollars.tf 38, 950.00 ). paid by the Mort-
<br />gaga, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Gram, Bargain. Sell. Convey
<br />and Confum unto the Mortgagee, its successors and assigns, forever, the following - described read estate, situated in ithe County of
<br />Hall , and State of Nebraska.- to wit
<br />Lots Three (3) and Six (6) Sass 'Second Subdivision ir,
<br />Section Fourteen (14), ToIwashIp Eleven (I I) North, Range
<br />Nine (9) West of the 6th P.M., Ball County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all -------- - ---- -- acres according to Government survsq:
<br />To Have and To Hold the premises above described, with all the appurtenance; rhercunto belonging and mcludM all Ong .
<br />plumbing and lighting fixtures and equipment now or hereafter attadsed to or and in connection with said real estate emso the Meat -
<br />Sages, 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 to—braum and that the for will warrata: and
<br />defend the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rW- of
<br />homestead, and all marital rights, either in law or in equity, and all other cwt interests of the Mortgagor in and to the above-
<br />described premises, the intention bang to convey hereby an absolute title, in fee simple, including all rights of homestead, and other
<br />rights and interests as aforesaid.
<br />Prevldad Always, and these presents are cawwed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay the Mortgagee, or order, the principal sum of Thirty Eight Thousand lane Hundred
<br />Fifty and no/100------Doum (S 38,950.00 L
<br />with interest from date at the rate of Ter_ per cenrum ( l() %) per annum on the
<br />unpaid balance until paid. The said principal and interest shall be payable at the office of The Eq- *.Mb2? Building and
<br />Loan Association
<br />in Grand Island, 1Z or at such other pine as the holder of the note
<br />may designate in writing, in monthly installments of Three Hundred. Forty one and 82/ 100- -- ----
<br />-- ,. - --- Dollars (S 341.82 ), comnimciall on the first day of October
<br />19 85 and on the first day of each mont 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 fire day of September
<br />2D 15 ; 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 mortgages insured under the air to tour - family programs of the National housing Act which pro-
<br />Vine for pertodle Mortgage Insurance Premium payments. -
<br />Previous Editions Are Obsolete }itftt s2t f91t (3-86 >1
<br />-Page 1 of 4 24 Cfii 2Sx3.771>il
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