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<br /> i STATE OF NEBRASKA
<br /> FIiA FORM NO_2143M This form is used in connec
<br />�k (Rev. May 1976)< tion with martgages insured :
<br /> I MOR'I`G'AG�' under the one- to four-family ;
<br /> Iy A provisiuns of the National 'Y
<br /> 7$--U Q 16'S a7 HousinK Act. �
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<br /> THIS MORTGAiGE,made and executed this oZ.sday of ii/a�i�// .A.D. ;"
<br /> 19 7� ,by and between Larry B. W.iSton, a sinqZe person �
<br /> C,,
<br /> of the County of Ha11 ,and State of Nebraska,parry of the first par[,hereinafter called `
<br /> the Mortgagor,and FIRST FEDERAL SAVSNGS AND LORN ASSOCIATION OF LINCOLN � f�
<br /> s�corporation organized and exis[ing under the laws of The Utu ted States of America . E;
<br /> party of the second par[,hereinafter catled the MortKagee. ;�'
<br /> W1TNE5SETH:7'hat the said Mortgrgor.for and in consideration of the sum of TWENTY TWO THOUSAND FIVE i`
<br /> KUNDRED FIFTY AND NO/ZOO------------------------- Dollars(S 22,550_DO ).paid by the Mort- �`:
<br /> gagce, the receipt of which is hereby ackn�wledged. has Granted and Sold and by these presents does Grant. Barv �%
<br /> gain. Sell. Convey anei Confirm unto the Mortgagee. its successors and assigns, torever. the tollowing-described t;,.
<br /> real estate,situated in the County of Ha12 ,and Statr �,
<br />, of Nebraska,to wiL• �rc
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<br /> Lot Six (6), Block Ten (10), Gilbert's Second Addition tothe City oP Grand =sland, Lr
<br /> Ha11 County, Nebraska.
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<br /> of the Sixth Principal Meridian,containing in all Ci tg 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 induding
<br /> alb hea[ing,plumbing and lighting fixtures and equipment now or hereafter auached 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,the Mortga- i,
<br /> gee.that the Mortgagor has good right to sell and cunvey said premises: that they are free from encumbrance;and that the
<br /> Mortgagor wi11 warrant and defend the same against the lawful claims of all persons whomsoever;and the said Mortgagor here-
<br /> by relinquishes all rights of homestead,and all martial rights,either in law or in eyuity,and all other contingeat interests of the
<br /> Martgagor in and to the above-desc�ibed premises,the intention being to convey hereby an absolute tiqe,in fee simple.includ-
<br /> ing all rights of homestead.and other rights and interests as afares�id.
<br /> PROVIDED ALWAYS,and these presents are executed:�nd delivered upon the following conditions,to wit: �
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<br /> The Mortgagor agrees[o pay to the Mortg•rgee,or order,the principal sum of TWENTY 2'WO THOUSAND FIVE HUNDRED
<br /> FIFTY AND NO/ZOO-------------------Dollars IS 22,550.00 l,with interest from :
<br /> date at the ra[o of eight and one ha1f-------------�er cenmm( 8.50 7c)per annum on `i
<br /> the unpaid batance until paid.'J'he said principal and interest sh•rll be payable at the office of First Federa2 Savings and
<br /> Loan Rssociation of Lincoln
<br /> in Lineo2n, Nebraska ,or at such other place as the holder of
<br /> the note may designate in writing,in monthly installments of ONE HUNDRED SEVENTY THREE AND 4I/ZOO-------- j '
<br /> -------�----------------------DollarsS$ Z73.41 ),commending on the first day of
<br /> y .19'�F3 ,and un the first day of each month thereafter until lhe principal and in-
<br /> terest arc fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and
<br /> payable on the first day of ApPil 2�8 :all according to the terms of a certain promis-
<br /> sory note uf even da[e herewith rxecutedby the said Mortgagur.
<br /> Thc Mortgagor in order more fully to protect[he security of this Mortgage,agrees:
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<br /> t: That:he:will pay the indebtedness.as hereinbefore provided.Privilcge is reserved to pay the debt in whole, or in an "`�-""`'
<br /> amount equal to one or.more monthly paymrnts on theprincipal that are next due on the note,on the firs�day of any month �- � =;
<br /> pnor to maturity:Provided,however.That wri[ten notice ot an in[rntion to exercise such privilege is given at least thirty(30) � : r
<br /> days priorto prepayment=
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<br /> 2. 't'hat,together with,and irc addition to,the monthly:payments of principal and interest payable under the terms of the ' �}
<br /> note secured hereby,the.Mortgtigor wi11 payto the Mortgagee,on the first day of each month until the said note is fulty paid,the ��w.,
<br /> following sums: '`
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<br /> � . � �(a/An amounl suTicitnl to provide tBe�hoWcr M1ereof w`rth funde tn pay the nest munR+6���wurance premiam if Ihis invrumem aod Ihe nnie aecured herchy � �� � �
<br /> � . . . . ate inwred.w.r�monthlY��rye�lin lieu uf a owrlgrpe insunnce premiuml if Ihey rre heW hY'IAe SecreluY of Howing anJ Urhan Pr.elopmeni.a+f..L �
<br />.� � . . � . - bws:.' .. . _ ... . . . . ..
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