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<br /> STATE OF NEBRASKA
<br /> FHA FORbi NO.2143M
<br /> (Rev. May 1976) This form is usec3 in connec- i
<br />� . � � tion with mortgages insured `
<br /> MORTGAGE under the one-to four-family i
<br />' provisions of the National �;
<br />� t p �y
<br />� �8'^ �Q.L C7� ! HousinR Act. {
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<br />(. THIS MORTGAGE.made and exewted this ,�7day of i�"�/Ga�zc�v/ .A.D. �
<br /> F 19 T8'.byandbetween Tom L. Martin, a single person,
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<br />� of the County of Ha1Z ,and State of Nebraska.party of the first part,hereinafter called
<br /> the Mortgagor,and FIRST FEDERAL SAVINGS AND ZARN RSSOCIRTION OF LINCOLN • f
<br /> a corporation organized and existing under the laws of The Uni ted Sta tes aF America �
<br /> party of the second part.hnreinafter called the Mortgagee. � �'
<br /> WI"fNESSETH:That the said Morteagnr,for and in consideration of the sum of TXSRTY SSX THOUSAND ONE �`
<br /> HUNDRED AND NO/100-------------------------------�ollars(5 36.Z00.00 ).Paid by the M11ort- �
<br /> gagee, the receipt of which is hcreby acknowledged. has Granted and Sold and by thcse presents does Grant. Bar- y
<br /> gam, Sell. Convey and Confirm unto the Mortgagee. its wccessors and assigns, forever, the fullowing-described f..
<br /> real estate,situated in the County of HaZ2 .and State �
<br /> of Nebraska,to wi[:
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<br /> ' Lot Eleven (11), Blocic Three (3), Westerhoff's Second Subdivision, being a G
<br /> resubdivision of the South Half oP Blocks Three (3) and Four (4), and �he �;
<br /> North Half of Elocks Five (5) and Six (6), Westerhof£'s First Subdivision n'
<br /> in the City of Grand 2sland, Hall County, Nebraska. �:
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<br /> of the Sixth Principal Meridian.containing in aIl City Property acres according to Govern- 4'-�
<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 connection with said real estate [
<br /> unto the Mortgagee,and to its successors and assigns.forever.The Mor[gagor represents to,and covenants with,the Mo�tga-
<br /> gee,that the Mortgagor has good right to sell and convey said premises; that�hey are free from encumbrance;and that the
<br /> Mortgagor wi0 warrant and defend the same against the lawful claims of all persons whomsoever;and the said Mortgasor here-
<br /> by relinquishes all rights of homestead,and all martial rights,either in law or in equity,and all other contingent interests of the
<br /> Mongagor in and to the above-described premises,the intention being to convey hereby an absolute title,in fee simple,includ- r
<br /> ing all righls of homesread,and other rights and interests as aforesaid.
<br /> PROVIDED ALWAYS,and these presents are executed and delivered upon the following conditions,to wit:
<br /> � � The Mortgagor agrees to pay to the Mortgagee,or order,[he principal tium of TXIRTY SIX THOUSAND ONE �
<br /> HUNDRED AND NO/100------------------Dollars($36,100.00 ).Wi[h interest from
<br /> date at the rate of eight and one haZf------------------�er centum( 8.50 `7)per annum on
<br /> [he unpaid balanct until paid.7'he said principal und interest shall be payable at the oflice of First FederaZ Savings
<br /> and Loan Association of LincoZn
<br /> �� Lineo2n� NebrasXa ,or at such other place as the holder of
<br /> � the note may designate in writing,in monthly installments of TWO KUNDRED SEVENTY SEVEN AND 62/ZOO------- . . � . �
<br /> ---------------------------------Dollars(5 277.61 l.commending on the first day of `
<br /> May. , 19 78 ,and on[he first day of e•rch month thereafter until the principal and im
<br /> terest are fully pa�d, except that the final payment of principal and interes[, if not sooner paid, shall be due und
<br /> payable on ihe first day of April 2pp8 :���accurding tu the term�uf a certain promis-
<br /> sory no[e of even date herewith executed by the saa Mortgagor.
<br /> The Mortgagor in order more fully to protect the security of this Martgage,agrees:
<br /> 1. That he witl u the indebtedness,as hercinbefore rovided.F'rivile e is reserveJ ta "'�"•
<br /> P Y p g pay the debt in whole, or in an �;:
<br /> amounl equal to one or more monthly payments on the principal that are next due on the note,on the first day of any month � ;� �,
<br /> prior to maturity:Provided.however.That written notice of an intention to exercise such privilege is Fiven at least thirty(30) � " € `
<br /> day§prior to prepayment. J y
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<br /> � 2. That,together with,and in addition to.[he monthly payments of principal aad interest payable under the terms of the � '. `
<br /> note secured hereby,th�Mortgagor will pay to the Mortgagee,on the fint day of each month until�he said note is(ully paid,the �
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<br /> followiagsums: . � _;
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<br /> . .. .� !�l An amounl sufAcienl to pruvide Ihe hdder herrn(with funda tu pny the nex�mongsge mxurance premium�f this imlrumrnt and the nute secureJ herehy � �� �
<br /> ate insured.w a monthly charye�lin Iieu o[a morlyase insunnce premium)if they are held!+y the Secremry of Hou.ing and L'rbnn[X�dnpmeni.ra fnl-
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