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<br /> S"fATE OF NEBRASKA
<br /> FHAFORMtJ0.2143M This form ie used in connec-
<br /> (Rev.December 197?.) tion �eith mortgagea inaured
<br /> MOR1'GAGE ander the one-to four-family
<br /> rl provieions of the National
<br /> '��. t�0�6 4� Houeing Act.
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<br /> THIS MORTGAf,E,made and exeeuted this lBth day of March ,A.11.
<br /> 19 7E,,by.and belween:
<br /> �(VONyIE�.M. LUND, a aingle person ,and State of Nebraska, art of the first art,hereinafter called
<br /> qf the ount Hall P y P
<br /> the hiartgagor,and ;
<br /> BAIiG(l.�+w'.�G«G& COrII'ANY
<br /> a corporation organized and existing under the laws ofthe 5CaCe of Iowa �
<br /> party of the second pazt,hereinafter ca!!ed theMortgagee, ,
<br /> WITNESSETH:That the said Mortgagor,for and in consideration of the sum ot 7.taenty-four Thousand Two Hundred
<br /> FiEty,and no/100--------------------- ------------Dollars($24 250.00-----),Paid by the Mort-
<br /> gagee, the receipt oL which iS hereby acknowledged, has Granted and Sold and by these presents does Crant,,Barv
<br /> gain. Sell. Convey and Confirm unto the Mortgagee, its successors and assigns, 7orever, the tollowing•described
<br /> real estate,siwated in the Coun[y ot Hall ,and State
<br /> of Nebraska,to wit:
<br /> THIS IS A PURCHASE MONEY MORTGAGE
<br /> Lot 13, in TSernhard Vose First Subdivision, being part of Lot 1, Voas Subdivision,
<br /> located in the:Southwest quarter of Section ll, Township 11 North, Range 9, Weat
<br /> of'the �iCh P.t¢., Hall County, Nebraska.
<br /> .
<br /> ot the Sixth Principal Meridian,containing in all acres according to Govern-
<br /> ment survey:
<br /> TO HAVE AND TO HOLD the premises above described,with all the appurtenances thereunto belonging and including
<br /> all heating,plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate �-
<br /> unto the Mortgagee,and to its successors and assigns,forever.The Mortgagor represents to,and covenants with,thc Mortga-
<br /> gee,that the Mortgagor has good right to sel!and convey said premises;that they are tree from encumbrance;and that the � �'y
<br /> biortgagor will warrant and defend the same against the lawful claims of ail persons whomsoever,and the said Mortgagor here-
<br /> by relinquishes all rights of homestead,and all martial righls,either in i;:w or in equity,and all other contingent interests of the
<br /> Mortgagor in and to the above-described premises,the intenGon beingto convey hereby an absolute title,in fee simple,includ-
<br /> ing all rights of homestead,and uther rights and interests as a;oresaiJ.
<br /> PROVIDED ALWAYS.and these presents are execiried an��elivercd upon the[ollowing conditions,ro wiL•
<br /> The Mortgagor agrees to pay to the Mortgagee,or order,the principal sum of ltaenty-four TBousand 7.tao Hundred
<br />: Fifty and no/100-------------------Dollars(524,250.00-------------------)����thinterestfrom .
<br /> date at the rate ot eight and three-fourth per centum( 8 3/4 �/o)per annum on
<br /> the unpaid balance untifpaid.The said principal and interest shall be payable at the o(fice of BaL-::o Mortgage Company
<br /> �� Waterloo, Iowa ,or at such o[her pince as thc holder of
<br /> the nore may designate in writing,;n mon[hly installments ot �e Hundred Ninety and 85/100--------------
<br />: -------------------------------Dollars(5190.$5-------------------1.commendingonthefirstdayof
<br /> �y ,19 76 ,and on the first day of each month thereafter unul the principal and in-
<br /> terest are fully paid, except that the final payment of principal and interesl, if not sooner paid, shall be due and
<br /> pavable on the first day of April, 2006 , ;all according to the terms of a certain promis-
<br /> sory note of even date herewith executed by the said Mortgagor.
<br /> The Mortgagor in order more fully ro protect the securiry of this Mortgage,agrees:
<br /> I.That he will pay the indebtedness,as hereinbefore provided.Privilege is reserved to pay the debt in whole,or in an
<br /> amount equal to one or more monthly payments on the principal that are next due om the note,on the first day ot any month
<br /> prior to maturiry:Provided,however,That written ttotice ot an inten6on to oxercise such privilege is given at le¢st thirty(30) 4 .; y
<br /> days prior to prepaymenL "�
<br /> � n�.
<br /> 2.That,together with,5nd in addition to,the monthly payments of principal and interest payable under the terms of the
<br /> I note secured hereby,the Mortgagor will pay lo the Mortgagee,on the first day of each month until the said note is fully paid,the
<br />� following sums: � ,,,'
<br /> � (nl An amount sul6cirnt m provide t6e holder hereo(with fund�to pay the Mat mortyage insu�ena premium i(�his imlrument and the nnfe xcured hereby � � � � I�
<br /> are inwred,a e monthly chnrge lin lieu of s mon�pQe insunnce premiwd if�hey ere he1J 6y the Sccretary ot Housing and Urban Dcvelo;ment,es fob . . �,
<br /> bwc
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