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saes of llimbnska
<br />Mortgage
<br />1W I1 1@ ,trade and executed this 22nd day o
<br />19 86 by and between Daniel D. Stutzman and
<br />and as spouse of each other,
<br />Of d» Casty of Hall
<br />tie Mortpyoe, and The Equitable Building and
<br />Grand Island,N E
<br />a corporsdon organised and existing under the laws of the
<br />party of the second part. hsninsi ter caned the Mons,gx,
<br />86- ..105845
<br />rris esr w, �-- -. ---- -I
<br />321- 1111344 -203 I
<br />t September
<br />Carole R. Stutzman, each in his and her own right
<br />. and State of Nebraska, party of the first part, hereinafter tatted
<br />Loan Association, 113 -115 North Locust St.
<br />State of Nebraska
<br />9W1nmeft That the said Mortgagor, for and in consideration of the stun of Forty Four Thousand One Hundred
<br />and no/ 100-------- - ----- ---- ------ -- --- -- --- -- -- -- --Dollars (S 44, 100.00 ), 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 Contlrm unto the Mortgagee. its succtsmn and assiSas, forever, the following- described real estate, satiated in the County of
<br />Hall , and State of Nebraska, to wit:
<br />Lot Two (2), Block Three (3), in Westerhoff's Second
<br />Subdivision, being a Resubdiv.ision of the South half of
<br />Blocks 3 and 4 and the ;forth :calf of Blocks 5 and 6,
<br />Westerhoff's First. Subdivision in the City of Grand
<br />Island, Halms County, AiebraZ-ka.
<br />of the Sixth Principal Meridian, containing in all - - - - --
<br />acres according to Goverttment survey:
<br />To Aare and To Raid the premises above described. with all the appurtenances thereunto belonging and including all besting,
<br />plueabing asd h9bung futures NO equipment now or hereafter attached to or used in connection with said real estate unto the Mort -
<br />gagae, and to its successors and assigns, forever. The Mortgagor represents to. and cavcasau with, the Mortgagee, that the Mort-
<br />gagor bin good right to sell and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and
<br />defend the same against the lawful cfairns of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of
<br />hosawased, 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 preasises. the intention being to Convey hereby an absolute title. in fee simple, including all rights of homestead, and other
<br />sights and interests as aforesaid.
<br />1p go sd Ahnos, and these presents are executed and delivered upon the following conditions, to wit:
<br />Tbs Mortgagor agrees to pay the Mortgagee, or order, the principal sum of Forty Four Thousand One "Hundred
<br />and no/ i00-------- --- ---- ------ -- --- --- ---- - - - --- Doils'"(S 44,100,0) )
<br />centum ( efs) per annum on the
<br />with iattfMl from date u the rate of Nine and One Half >m 9 �
<br />unpaid balsam cant paid. The said principal and interest shall be payable at the office of The Equitable Building and
<br />Loan Association
<br />in Grand island, I or at such other place as the holder of the note
<br />may desigaate m writing. in moatbly instaRmeau of Three hundred Seventy and 821100 ------------------
<br />------------ Dollars (S 3'10 . 82 ). commemug on the first day of OCtcber
<br />19 86 , and on the first day of each month thereafter until the principal and interest anti fully paid, except that the final payment of
<br />principal and interest, if not sootier paid. shall be due and payable on the first day of September
<br />20 16 ; all according to the terms of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />TWO tarn to used in conriaetion with rtgr11940es insured under the tire• to four•tamily programs of the National Housing Act which pro -
<br />vtda for paenodne Mori~ tnsunrtes Prernium payments.
<br />w0411.46ai Edto) Previous Editions Are Oboats Paps t of 4 24 CFR
<br />203.tI(D)
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