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<br />� STATE OF NEBRASKA
<br /> a, FHA FORM NO.2143M 'I'his form is used in connec-
<br />� (Rev.May 1978) 7�� r�` �^ tion with mortKages insured
<br /> l�`loR 1'4J''AlJ'Lj' under the one- to four-famii,v
<br />�, provisions of the 1�Sational
<br />'; Housing Act.
<br />; �8--r [)01535 x
<br />� THIS MORTGAGE.made and executed this �� day of ���'`'�� • .A.D.
<br /> 19 7� .byandbetween William J. Nowak, a aingle person
<br /> F at the County of Hall ,and State of Nebraska,par2y of the first part.hereinafter called
<br /> the Mortgagor.and �'IRST FEDERAL SAVINGS AND LOAN ASSOCIATTON OF LINCOLN -
<br />� a corporation nrganized and existing under the laws of The United States of America .
<br /> party of the second part.hereinafter called the Mortgagee.
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<br /> WITNESSETH:That the+aid Mortgagor,for and in consideration of the sum of TWENTY NINE THOUSAND TFIREE �
<br />� HUNDRED AND NO/100-------------------------------- Dr�llars 1529,300.00 ).p•rid by the Mort- `
<br />; gagee. the recript of which is hereby acknowledged, has Granted and Sold and by these presents does Grant. Bar- �
<br /> gain, Sell. Convey and Confirm umo the Mnrtgagee. its successors and assigns, forever, the following-described �
<br /> i rea!estate.situated in the County of Hall .and State p
<br /> r of Nebraska,to wit: i
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<br /> The Easterly Seventy-one (71) feet of the Northerly Sixty-six (66), !;
<br /> Peet of the following described tract of ground, to wit: Fractional �
<br /> Lots One (1) and Two (2), in Fractional Blocls Two (2), in Russel 4
<br /> Wheeler's Addition, and of their complements, to-wit: Fractional Lots �
<br /> One (1) and Two (2), in Fractional Block One Hundsed Twenty-£ive (125) S -
<br /> in. Union Pacific Railway Company's Second Addition, both being additions s�
<br /> ta the City of Grand Island, Nebraska, and being a rectangular tract oP �
<br /> ground having an Easterly frontage of Sixty-six (66) feet on Locust �
<br /> Street, in said City, a depth of Seventy-one {71) feet, and boimded on the �
<br /> North by Eighth Street, in said City, Hall Oounty, Nebraska. P`
<br /> t,
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<br />' of ihe Sixth Principal Meridian,containing in all City Property acres according to Govern- �
<br /> mentsurveyc
<br /> TO HAVE AND TO HOLD the premises above described,with all the appurtenances Ihereunto belonging and including i
<br /> all heating,plumbing and lighting fixtures and equipment now or hereafter attached to or used in cannection with said real estate
<br /> unto the Mortgasee,and to its successors and assigns,forever.The Mortgagor represents to,and covenants with,the Mortga-
<br /> gee.that the Mortgagor has good right to sell and convey said premises:Ihat they are free from encumbrance:and that[he �
<br /> Mortgagor wilt warrent and defend the same against the lawful claims of all persons whomsoever;and the said Mortgagor here- r
<br /> by relinquishes all rights of homestead,and all marlial rights,either in law or in equity,and all other contingent interests of the
<br /> Mortgagor in and to the above-described premises,the intention being to convey hereby an absolute title.in fee simple,includ-
<br /> ing all rights of hamestead,and other rights and in[erests as aforesaid.
<br /> PROViDED ALWAYS,and these pretients�re executed and delivered upon the following canditiuns,to wit:
<br /> The Mortgagor agrees to pay to the Mortgagee,or order,the principal sum of TWENTY NINE THOUSAND THREE
<br /> HUNDRED AND NO/100-----------------����a��« 29,300.00 ).with intere+t from
<br /> date atthe rate of eight and one hal£--------------per centum( g.9p 7�)per annum on
<br /> the unpaid balance until paid.The saiJ principal and interest shall be payable at the olfice of First Federal Savings and
<br /> Loan Asaociation of Lincoln
<br /> in Lineoln, Nebraska or at such other place as the holder of
<br /> the note may designate in writing,in monthly installments of TWO AtTNDRED TFIIRTY SIX AND 16/100----------
<br /> Dollarx( 236.16 1,commending on the first d:�y of
<br /> M8y .19'T�.and on the fint day of each month thereafter until tbe principal and in-
<br /> � �terest are fully paid.� except�that the final payment of principal and interest, if �oi sooner paid, shall be due and . . � ,.
<br /> payable on the first day of Apri)., 200 3 , :all according to the terms of:�certain prumis-
<br /> sory note of even da[e herewith executed by the said Mortgagor.
<br /> The Mortgagor in order more fully to protect the security of this Mortgage,agrees:
<br /> 1:TF�at he.will pay the indebtedness,as hereinbefore provided. Privilege is reserved to pay the Jebt in whole, or in an �'
<br />� amount equal to one or more monthly payments on the principal that are next due on[he nute,on the first duy of any month �
<br />;- prior to maturityi'Provided.however.That writ[en notice of an intention to exercise such privilege is given at least thirty 130! }r ,;;
<br /> y, ' days prior to prepayment. r
<br /> 3. Tfiat,together with,and in addiuon to.the munthly payments of pnncipal and intcrest payable under the terms of the ��w,
<br /> note secured hereby,the Mortgagor will pay to the Mortgagee.on the first day of each month until the s�id note is fully paid.the +, �,
<br /> toHowingsum5: '�:`° 'x. :.
<br />'� � !a!An amounl sufRcientto provide the halder hereof with fuods m p�ay the neat murt�tage insurnnce premium if Ihi.imvumem xnd�he nute�ecurrd Acreby
<br /> � ��� � :art insured.or a monlhly charQe/in lieu o!a mongnge insurance premiuml i!they ar<hetd by the Secrc�ary of Hou.in6�nJ Urhan Ik�vrlupmeni.a.tob �
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