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<br />��r; , STA'fF,OM NEf3ItASKA
<br /> FIiA P'OR�4 AT0.21J3111 'Phis form is used in canncc-
<br /> (Rev.11ny 197G) tion �sith iuortF;i�i�s insured
<br /> MORTGAGE �,�,����r��,���„�-t�r��,,,�-r�,�„�,�
<br /> provisions of the Natiunal
<br /> r ��- QOQ�3� E�����,����;,���.
<br /> 1'HIS hiORTGAGE,made:md execu�eJ ihis -3/ day of u`'��""l`G'-� .A.D.
<br /> 19 76 .by�nd benvicen tdichael G. Grimes and Ann M. Grimes, husband and wife, er�ch in his
<br /> apd her o individual right and as spouse o the �}]er joi tl e ��7
<br /> ot the County i� Hall ,an�Staie ofNe�rraska.par�y�oT�tie I����.it�t.�cgt�Cm:tiT�r called
<br /> �he Mortgagor,and FIRST F�llERAL uAVINGS AND LOAN ASSOCIATIOPd OF LIPICOLIQ
<br /> J;
<br /> n corporation organiud and existing under the I��as o! The United States •
<br /> 7; party of�he second p�jrt,hereinafter called�he\lortpagee,
<br /> 4VI'fNESSE'1'H:That thc saiJ�tortgagor.for and in considcration of thc sum of g�pgNTE�N THOUSAISD ONE Ii[JNDRED
<br /> AND N0�100----------- - --- --- - - - --- ---!)ullars(S 1_7�100 00 ),pnid hy the Mort-
<br /> g.igee. the receipt of which is hrrehy acknuaiedgrJ, has Granted and Snld anJ hy ihese'presents dues Gr,inL Rar-
<br /> gain, SeIL Com�ey und Con(irm unlo the Mortcagee, it, successors ;md assigns, (orever. Iha fullowing-described
<br /> rcal eslate,situated in the Cuuruy of Hall ,:and State
<br /> o(Nebraska,to��iC
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<br /> t Lot 7t,o (2), Block Thirty-one (31), in Rtlssel Wheeler's Addition
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<br /> ° to the City of Grand Island, Nall County, Nebraska.
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<br /> of ihe Sixth Principal MeriJi;m,con�aining in all ;icrcc accorJing ro Guvrrm
<br /> mtm survev:
<br /> � ; 'i0 HAVE AND TO HOLD�he premises aboee Jescribed,u-ith�dl the�ippunenances�hereumo belonging:md including
<br /> all heatinE,plumbing:md lighting fi�tures and equipment noN�un c�rca(ter atiached to ur uscJ in cunnection with said real estate
<br /> unto the Aiortgagee,and�o its successors and assi�ns,(orever.The�tortLagor represem5 to,anJ covenan�s with,the Afor�g:i-
<br /> gcc.Ihat thc\lortgagur has eoud right to sell anJ cum•ey saiJ prcmises;th;u thcy arc frcc(rom cncim�hrance::md�ha�thc
<br /> Ptortgagor will warrant nnd defend�he same acainst the lawful claims u(:dl persons���humsocver:and the s;iiJ Dturtgagor here-
<br /> � hy relinyuishes all riehts of humestead,:mJ all martial ri�;hts,either in la�c or in eyuity,anJ;ill othcr comingent interesk n(the
<br /> ` �torlgagor in:mJ to thc:ibovrdescribeJ premises.the intcntiun being to come�•herch��an ahsolutc�i�le,in fee simple,includ-
<br /> � ing all righ�s o(humesteaJ.:md other rights and imerests ati;dore�aid.
<br /> PROVIDED AI_WAYS.;md these present�:ire execu�eJ anJ dclivereJ upun ihe follo�cing cundi�ions.�a wit:
<br /> The�tortgagor agrees tn pay to the�tort�aecc,ur urdet,thc princip�d sum o($�'IVT7;gN THOUSAIQll O:t�' HITNDRED
<br /> : APID IJ0�100--------------------'_—__Dall:us 1517�100.00 ).��ith imerest from
<br /> ' Jale:u the rate af eight per centum 1 8.0 `';!per.mnum on
<br /> * ' thc un ud balance until iid.The saiJ rinci al anJ inicrest shall he eyahlc at thc uliice uf First FederAl Savings
<br /> P�� P: p p' p'
<br /> - and Loan Associetion of Lincoln
<br /> 10 NeUraska .��r;u such uther place as the hulder n(
<br /> ' the note m.�y dcsignate in writing,in monlhly imt.dimcnts of One Hundred Forty—three and 1J3/100---------
<br /> < --------------------'---'____Ik>ILrts IS 143.�3 L runtrncn mg on ihc hrst J;iy u(
<br /> x February .19 77.;�nd on thc first Jay uf cach month ihcrcaftcr until Ihc principal:md in-
<br /> terest are fully paid, except �h;u the linal payment <,r ���nc��:a .��,d interest, i[ nui siwner p:iid, sh:dl bc duc :md
<br /> ; ' pa5'able�in Ihe first day o( Janu3r 1c.�97 :all:iccurding to the�erms o(;i eert:iin prumis-
<br /> wry note of even date hereH•iIh ezecuteefiby�he�.�id\1nrtEagur.
<br /> The hlortgagor in orJer more fully to protccl ihe security of ihis blortEage,agrees:
<br /> ,, I. That he will pay�he indebtcdncss.:a hercinbeforc provided.Pri��ilcgc is reserecJ to p:iy the Jcht in whole, ur in an ��'� '
<br /> amuunt eyual to one or more monthiy payments on�he principal Ihal are ne�t Jue on ihe no1c,on thc�irsi Jay uf nny month N;,
<br /> prior to maturity:ProL•iJrd,huµe�•er,That wriucn notice o(an intemion to cxercise wch privifegc is given at Ieast thinp 1301
<br />�' ` � days priur to prcp�yment. � � '�
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<br /> Z. That,togeihcr with,and in adJiliun tu,�he momhly pay'ments of princip:d and imcrest p�yahlc unJer�he icrnu o(ihr t� "
<br /> note secured herehy,the Mor�gagor will pay to thc Mar�g�gcc,un�he lirst day uf c:ich manth umil thc s;iid nuie is full��p,iid,thc �
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<br />;� followinFsums:
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<br />�H - lal An nm�uni sutl'icien�iu pn�vide Ihe Iu�IJer herenf u�iih fund�tu pny ihe n«I murt�al:e in�ui�nce premiuin il ihi��n�iiument and Ihe n�,ie.e�urrJ h<�<h�
<br /> l� �. ar<inwrcd.or a munlhl>'charFe lin lieu i�f a mnrlFaFe in.uranee�remiuml if they:ne h<Id h7�he tirc�etar��„f li��u.in�;anJ t'ih:�n Ik�rl���mrni.:i�f��l.
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