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<br /> 3TATE OF Iv'EBgZElSKe1
<br /> FHA FORM NO.2143M This form is uaed in connec-
<br /> (Rev.December i972) tion with mortgages insured
<br /> MORTGA�IT�j' under the one-to fonr-family
<br /> ' provisions of the National
<br /> � Hausing Act.
<br /> : � 78-- U01538
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<br /> 7 �HIS MQRTGAGE,msde and executed this I� day of �rJ6`"''� ,q,D_
<br /> ti 19 � byandbetween `Thomas J. wil2iams and Tamie R. Williams, husband and wife, jointlg
<br /> and eaqh in their own riqht,
<br /> of thdCounty of ` Xa1Z ,and Stau of Ncbraska,party of the first part,hereinafter called
<br /> - the Mortgagoq and ' FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br /> { +
<br /> a corporationprganized and existing under the laws of The Uni ted States of Ameri ca
<br /> party of the second parf,hereinafter called the Mortgagee, � '
<br /> { W1INESSETH:'I'hat the said Mortgagor,for and in consideration of the sum of SEVENTEEN THOUSAND AND NO/SOO
<br /> ; -----------------------------------------------------Dollars(S 17,000.00 ),Paid by the Mort-
<br /> gagce, the reeeipt of which is hereby acknowiedged, has Granted and Sold and by these presents does GranE, Baz-
<br /> gain, Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following-described
<br /> rea!estate,situated in the County of XaZ 2 .and State
<br /> ; of Nebraska,to wit:
<br /> , i Lot Eleven (11), Block Five (5), Koehler Pl.ace in the City of Grand
<br /> Island, Hall County, Nebraska.
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<br /> .. 5'. ' . � _ . � .
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<br /> 4 of ffie.Sixth Principai Meridian,containing in all Ci ty Property 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 connecfion with said rcal estate
<br /> � unto the`Mortgagee,and to its successors and assigns,forever.1'hr Mortgagor represenu to,and covenants with,the Mortga-
<br /> ; gee,that the Mottgagor has good right to sell and convey said premises;that they aze free from encumbrance;and t6at the
<br /> F Mortgagoc will^watrant and defend the same against the lawful claims of ali persons whomsoever,and the said Mortgagor hero-
<br /> : i 6y relinquishes'all rights of'homestead,and all mardal righu,eether in law or in equity,and all other contingent inurests of the
<br /> � Mortgagor in'and to ttie above-described premises,the intention being to convey hereby an absolute titlo,in fee simple,includ-
<br /> � ing all rights of homestead,and other rights and interests as aforesaid.
<br /> PROVIDED ALWAYS,and thesepresents are executed and delivered upon the following conditions,to wir.
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<br /> i Thd Mortgagor agree�to pay to the Mortgagee,or order,the principal sum of SEVENTEEN TXOUSAND AND NO/ZOD--
<br /> r ----------------------------------------0ollars($ 17.000_OD
<br /> ),with inurest from
<br /> date atthe iste of e3ght and one half—=----------------per centum( 8.5096)per annum on
<br /> t}ie unpaid balance una7 paid.The saidprincipal and interest s6a11 be payable at the of5ce of First Federal Savings and
<br /> y Loan Association of L.incoln
<br /> 3 `in LincoZn, Nebraska .or at such othcr place as the holder of
<br /> � the note may designate in wri[ing,in monthly installments of ONE HUNDRED FORTY SEYEN AND 56/100--------
<br /> ' $ __Dollars CS y 47_56 )>commending on the Srst day of
<br /> . � May ,19 7f3;and on the first day of each month thercafter nntil tt�e principal and in-
<br /> terest are fully paid; eacept thet the final payment of principal and interes[, if not sooner paid, shall be due and
<br /> t` payable on the first day of A r' �998;a11 according to the terms of a certain promis-
<br /> sory note of even dateherewith ex�cufe�by tlie said Mortgagor_
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<br /> "�-- The Mortgagor in order more fully to protect the security of this Mortgage,agrees:
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<br />• t i. That.t�e will pay Uic.indebtedness,as hereinbefore provided..Privilege is reserved to pay.the debt in whole, or in an
<br /> ; amount equal-to one on morc:monthly-payments on the principal that�are next due on the note,on the first day of any monih -`'� ,'
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<br /> z � prior to maLurity:Arovided,howaver,That written mo6ce of an intention to exercise such privilege is given at least thirty(30) ;
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<br /> , � days prior Co prepsyment: - ',, ; .
<br /> _� 2. 'That,togethe'with;�a,n eaa�t;o�.co,the_monthly;payments of principal and intercst payable under the terms of.the i•( %
<br /> ,`V� no,te secured heisby;'thr'Mortgagor will'pay to the Mortgagee,on the first day"of each month unhl the said note is fully paid,the ;`
<br /> following snms. �; r,
<br /> ,..i ... . U)-AnaoauatwmcknlioProvldetheholder:6ereo(witb�Gand�m:. . .. . � .. . .. :tj y'�
<br /> P�Y•the next mmtsye iownnca premium 1!thin iostrument and the mte uarcd hereby . . .Na�
<br /> g . �. . . �mmred,or,a moNNY��t�(n lieu Ma moc�ga�rimunott O�mium)i(IheY ue 6efd by the�SecrotuY o[Housini and Urban DeveloDmmf.aa(ol• ...a . .w......,.-
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