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<br /> ; ; �"""'� �"*� This form is uaed in connec-
<br /> � 7�,� ►�+�/� ♦ �+ tion with mortgages insured
<br /> ; 1�'10R 1 l7LiGi'i under the one-to tour-family ;
<br /> ; _ provisions of the National �, :': • -;.
<br /> i Housing Act. ' '
<br /> �,�� 78-000786 = � ;�
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<br /> 4� THIS'MORTGAGE,made a�d exeeuted this; 6th daY of. gebruary ./�•D• Y� `
<br /> 19 �g .byandbetween Jauiea`T.,-Rozel gnd Bffen A. ICozel, tiusband aQd wife r #�
<br /> �� of tfie County,of - Ha.l l ,and State of Nebraska,party of the first part,hereinafter called, � s
<br /> the`Mo�Bor.and � ,.,
<br /> Banco Mortgage Company " f ��x
<br /> a corporstion organized and exisdng under the laws of the State of Zowa �
<br /> party of the second par[,hereinafter called the Mortgagee. t
<br /> ? WITNESSETH:That the said Mortgagor,for and in considera6on of t6e sum of Seventeea Thousand Niae Huadred �
<br /> ,� and o/�,�0 h - - -' - -- -- ' - -- --.�Ilazs(S 17 9p0.00 ).P�d by the Mort- + �
<br /> gagee,.t�ie i�eceip�o�,whieh is hereby acknowledged, 6as Granted and Sold andb� these prcsents does GranY, Bar-
<br /> � gain, Sell, Gonvey and Confirm unto the Mortgagee, iu successors and assigns, forever, the following-described �: ,;
<br /> S res2 estate,situated in the County of Ha l l ,and State s
<br /> t of Nebraska.so-wit: '
<br /> } �.
<br /> ; t,
<br /> � THIS IS A PURCHASE MONEY MORTGAGE
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<br /> � . Lot Four (4) in Sl.ock Nine (9), in the Original Town of Cairo, Hall County, Nebraska. �
<br /> ;� k �;
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<br /> �.>� . � . . . � . . . . � . i � � � r:::
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<br /> . . � � ' � �� � .. . � g}:y � t ����:
<br /> . .. .. � . . � � 1 1�
<br /> .. � . � � � ' .. . � �$ r �.
<br /> of the SixthPrincipal Meridian,containing in alt acres according to Govern- , v' ��
<br /> ment survey: S y
<br /> TO HAVE AND TO HOLD the premises above described,with aIl the appurtenances thereunto belonging and induding � `
<br /> all heating,piumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said rcal estate i��
<br /> unto the Mortgagee,and to its successors and assigns,forever.The Mortgagor represents to,and covenants witd,the Mortga- � �;'
<br /> gea,that the Mortgagor has good right to sell and convey said premises;that they are frce from rncumbrance:and that►he }
<br /> Moctgagor will warrant and defend the same against the Iawfui claims of all persons whomsoever;and the said Mortgagor here- �
<br /> by relinquishes all rights of homestead,and all martia7 rights,either in law or in equity,and all other contingent interests of the ! ,
<br /> Mortgegor in and to the above-described premises,the intention being to convey hereby an absoluce tiUe,in fec simple,indud- �#
<br /> ing alt rights of homestead,and other rights and interests as aforesaid.
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<br /> PROVIDED ALWAYS,and these presents aze executed and delivered upon the fotlowing conditions,to wit:
<br /> � The Mortgagor agees to pay to the Mongagee,or order,the principal sum o�eventeea Thousand Nine $undred
<br /> �d � lOOt�s----------------- - --�llars(S 17 900.00 ).��h interest from
<br /> e a tR�rate o eight and one-half ' per centum( 8.50 %)per annum on
<br /> the unpaid balance until paid.The said principa!and interest shall be payable at the office of ggnco Mortgage Company � `
<br /> � Waterloo, Iowa ,or at such other place as thc holdu of
<br /> thenotemaydesignateiawridng,inmonthlyinstallmentso e Hundred Forty-four and 27/100ths---------
<br /> _____________ Doltars($ 1�.27 ),commendingonthefirstdayof
<br /> A ril ,19 �g,and on the first day of each month thereafter undl the principal and in-
<br /> tuest are fully paid; gxcept that the final payment of principal and interest, if not soonu paid, shall be due and
<br /> � payable on the Hrst day of March, 2003 . ;all according to the terms of a certain promis-
<br /> sory note ofsven date herewith executed by the said Mortgagor.
<br /> �• The Mortgagor in order more fully to protect the security of this Mortgege,aBees:
<br /> i�,.� .
<br /> "; 1. That 6e wiil pay the indebtedness,ss hereinbefore provided.Privilege is roserved 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 on the note,oe the first day of any month •
<br /> prior.to maturity:Provided, however.l'hat written notice of an intenuort to exercisa such privilege is given at ieast thirty(30)
<br /> days prior to prepaymenf. � ,
<br /> � �.�.,..,_
<br /> ; ,: 2.Tdat,together with,and in addirion to,the monthly payments�of principal and ioterest payable under the terms of the ��
<br /> note secured hereby,the Mort�gor will pay to the Mortgagee,on the first day of each month une7 the sai21 note is fully paid,the * '
<br /> ' foltowing suma: ' M`?;,w `
<br /> :. ,
<br /> �w_ . ;.
<br /> a Amonnt aufficknt to rovide the holder hereof with funds to a :the next mort e Insurance rcmium if this �k�` �
<br /> ,* - �) P P Y B88 P t';� E i
<br /> • LtsErument�and ilrcrnote secnnd hergby are Inaured,ora monthly chargt/in lteu ofa mortgage insemnce pre- ;w-. -
<br /> � miwnJ if they araheld by,thc 3ecretary of Housing and Urban Developmrnt,as follows: �
<br /> n��r .nt"a"`
<br /> ':� " (1) If.aad so long as'said notc of even'date and thia instrument are msured or aze reinsured under the pro- �
<br />=¢? vlsions:of tBe Nat3onal Houaing Act,an amounT suft3cient to accumulate in the hands of the holder one
<br /> � _ STATE OF NEBRASKA
<br /> + PreWous Edltlons anAbsolets �
<br /> ; . . . � . ` , . . FHA-2743M f70-77) � .
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