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<br /> s�`.- STATE OF NEI3RASKA
<br /> , FHA FORM N0.2193M This form is used in connec-
<br /> (Rev.December1972) tion with mort�nges insured
<br /> MORTGAGE under the one-to fuur-family
<br /> 76�Q U 5,4 J� provisions of the Nutional
<br /> Housing Act.
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<br /> THIS MORTGAGE,made and executed this o�.3 day of -�<�n.C�ert� A.D.
<br /> 19 7E> ,byandbetween Gerard E: He1ie and Mary R. fielie, husband and wife, each in his
<br /> - nd�er or�t individual.right And as spouse of the other, joint�y and severc�lly
<br /> o�ffie ounty at Hall ,and State of Nebraska,party o[tfie first part,hereinafter called
<br /> the Mortgagor,and FIRST FEDERAL SAVINGS AND LOAN ASSOCi'ATION OF LINCOLN '
<br /> a corporation organized and existing under the laws of �e United States
<br /> party of the second part,hereinafttr called the Mortgagee.
<br /> l WITNESSETHt That the said Mortgagor,for and in consideraUon of the sum of TWENTY-SL�IEN THOUSAPID �IGHT
<br /> HUND��AND Np�1p.0-------------------------------pollars(SZq 80� 00 ).Paid by the Mort-
<br /> ; 6agee,lhe rece�pt oi whrch ts hereby acknowledged, has Granted and Sold and�y these presents doas Grant, Bat-
<br /> gain, Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the tollowing-described
<br /> real estate,situated in the County of Ht�ll ,and State
<br /> of Nebraska,to wih
<br /> Lot Two (2) in B1ock Seventeen (17� in Ashton Y1ace,
<br /> an Addition to the City of Grand Island, Hall County,
<br /> Nebraska; excepting the Southerly 6even Pee (S 7')
<br /> thereof.
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<br /> 2 of the Sixth Principal Meridian,containing in alt acres acwrding to Govern-
<br /> F' mentsurvey:
<br /> �. TO HAVE AND TO HOLD the premises above described,with all the appurlenances thereunto belonging and including
<br /> � all heating,plumbing and lighting fixmres and equipment now or hereatter attached to or used in wnnection with said real estate
<br /> unto the Mortgagee,and to its successors and assigns,forever.The Mortgagor represents to,and covenants with,the Mortga-
<br /> gee,ihat the Mortgagor has good right to sell and convey said premises;tha[they are free trom encumbrance;and that the
<br /> Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever;and the said�tortgagor here-
<br /> � by relinquishes all rights of homestead,and aIl martial rights,either in law or in equity,and alI other contingent interests ot the
<br /> Mortgagor in;,n3;a thc�bose-des�:e!w�!pre�nises,the intention being to convey herehy an absolute title,in fee simple,includ-
<br /> ing all rights ot homestead,and other rights and interesis as a(oresaid.
<br /> ;' PROVIDED ALWAYS,and these presents are executed and delivered upon the following conditions,to wir.
<br />� The Mortgagor agree;to pay to the Mortgugee,or urder,the principal sum ot T4lENTY-SEVEN 7HOUSAND EIGHT
<br /> # H�Ji1C� Ai� ivOj 1Gv----------------����'-rs(S p7�800.00 ),with interest from
<br /> ; Jate at t e ra�e o �ipht and one-half per cemum( 8,5 %)per annum on
<br /> r the unpnid balance until pmd.'I he said principal and imerest shall be payable at the office of First Federal Savings and
<br /> ` Loan Associ��tion of Lincoln
<br /> n Nebraska .or at such other piace as the holder of
<br /> ; s the note may designate in writing,in monthly installments ot Ttito Hundred Thirteen and 76�100------------
<br /> '' Dollars(S
<br /> ------------------- 213.76 ),commending on the first day of
<br /> T;oveWh=_r-"" ,I976 ,and on the first day o[each month therea[ter until the principal and in-
<br /> terest are tully paid, except that the final payment of principal and injerest, if not sooner paid, shall be due and
<br /> p:ryable on the first day af Oetober 2QOu ;,�11 according to the terms of a certain promis-
<br /> sory note ot even date herewith exccuted 6y Ihe said hiortgagor.
<br /> Thc htortgagor in order more fully to protect the security of this M1lortgage,agrees:
<br /> I. That he will pay the indebtedness,as hereinbefore proviJed.Privilege is reserved to pay the debt in whole,or in an
<br /> amounl equal to one or more monthly payments on Ihe principal tha[are next due on the nute,on the first day ot any month
<br /> prior to maturity:Provided,however,That written rtotice of an intention to exercise such privilege is given at lcast thirty(30) ,.. �
<br /> days prior to prepaymenL �.:.'
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<br /> 2. That,together with,and in addiGon to,the monthly payments o[principal and imerest payable under the terms o[the �
<br /> note secured hereby,the Mortgagor will pay ro the Mortgagee,on the first day of each month until the said note is fully paid,the ' a ,
<br /> L,; [ollowing sums: ,d.
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<br />� (a)An amounl su0'i[ieN ro ptavute the holdef hcrrot x�ith fundf lo pay Ihe neu mort¢age insunnce prcmium if this inqmmcm and�he nule securcd hereby �
<br /> nrc insurcd,or a monthly charge 1in Ucu of a motlguge insunnce pmmium)if lhey ar[held 6y tbe$ecrclary of Housing and Urban Develupmem,as(ol- �
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