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<br /> .! STATE OF NEBSASKA
<br /> � FHA FORM N0.2143M This form is used in cormee-
<br /> (Rev.May 19'i8) tion with mortgu�es insure�l t
<br /> � MORTGAGE under the one• to four-family �
<br /> provisions of the National `� rt
<br /> ,,� 7$""�Q.1 O�! HousinK Act. �:, �,
<br /> � 4.�
<br /> �',� THIS MORTGAGE,made and executed[his 3p day of yJ1"'""� .A.0. .
<br /> � 19 �� ,by and between Lupe G. Soto and Donna J. Soto, husband and wi'fe jointly, ,'
<br /> and each in his oan right,
<br /> of the County oC gail ,and Stare of Nebraska,party of the first part,hereinafter called
<br /> .q the Martsagor,and .
<br /> f FIRST FEDERAL SAVINGS AND LOAN ASSOCIATZON OF LINWLN
<br /> s corporation organized and existin�ander the laws of the United States •
<br /> party o(the second part,hereiaafter ca!!rd the Mortgagee, Y'
<br /> . � . � , �:Y'Y.
<br /> WITNESSETH:Thut the said Mortgagor,for and in consideration of the sum of TWENTY FIVE THOUSAND EIGHT 4 �'i`
<br /> I�UNDRED FtTF'�Y�1tTD N0�100--------- - __ __Dollars(S �5��50.00 >•PaidbytheMort- c
<br /> gagee, t e receept o w ic �s here y acknowledged, has Granted and Sold and y t ese presnnts does Grant. Har- �;`
<br /> �! gain. SNI. Convey and Confirm unto the Mortgagee. its successors and assigns, forever, the following-described
<br /> ,�: real estate,situated in the County of Hall .and State �'��
<br /> � of Nebraska,tu wit:
<br /> . � � .r:
<br /> =� Lot Seventy-seven (77), Buenavista Subdivision, an Addition to the City �
<br /> �, of Grand Tsland, Ha11 County, Nebraska. z
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<br /> of the Sixth Principal Meridian.containing in all City Property acres according to Govern- 5 x`
<br /> mentsurvey: �
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<br /> TO HAVE AND TO HOLD the premises above described,wi[h all the appurtenances thereunto belonging and including
<br /> all heating,plumbing and lighting fixrores and equipment oow or hereafter attached to or used in connection with said real estate a _ -
<br /> � unto the Mortgagee,and ro its successors and ass�gns,torever.The Mortgagor reprcsents to.and covenants with,the Mortga- �
<br /> gee:that the Mortgagor has good right ro sell and convey said premises;that they are free from encumbrancr.and that the
<br /> Mortgagor will warranc and defend the same against the lawful claims of all persons whomsoever,and the said Mor[gagor here-
<br /> by relinquishes all rights of homestead,and alI martial rights,either in law or in equity,and aIl other con[ingent interests of the
<br /> Mortgagor in and to the above-described premises.the intention lxing to convey hereby an absolute tide,in fee simple,includ-
<br /> ing all rights of homcstead,and other rights and intercsts as aforesaid.
<br /> ;;• 'PROV IDED ALWAYS,and these presents are executed and delivered upon the following conditions,to wit: _
<br /> `�a Thc Mortgagor agrees to pay to the Mortgagee,or order,the principal sum of �g�y gipg T(iOUSAND EIG$T
<br /> �� HUDTDRED FIFTY AND 230/100--------Dollars(5 25,850.00 ),with interest from
<br /> � date at the rate of eight and oae taalf------------- per cenwm( 8.50 °Jn)per annum on
<br /> ,�, the unpaid balance until paid.The said principal and interest shall be payable at the oftice of First Federal Savings and
<br /> '°' Loan Asaociation of Lincoln
<br /> `�' �n Lincoln� Nebraslca .or at such other place�s the holder of
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<br /> the note may designate in wri[ing,in monthly installments of ONE HUNDRED NINETY EIGHT AND .79/100-------
<br /> y � -----------------------_-'_----Dollars IS 198.79 ).commending on the fint day of
<br /> �; , Meyr . 19 78,and on the first day of each month thereafter until the principal and in-
<br /> �� terest are fully paid. except that the final payment of principal and interest, if nut sooner paid, sh:�ll 6e due and
<br /> � payable on the first day of April QOp$ • ::dl according to the terms of a certain promis-
<br /> :$` sory�ote of even date 6erewith executed by the said Murtgagor.
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<br /> F a`- 7'hr,Mortgagor in order more fully to protect the security of this Mortgage,agrees:
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<br /> 1. That he will pay the indebtedness.as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an '�Y="`"
<br /> s amount 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 /> pnor to maturity:Provided,however:That written notice of an intcntion to exercise such privilege i+givcn at least thirty(?O) � • `
<br /> � dayspriortoprepayment. , � eti' ;
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<br /> �; ' ' 2_ Tfiat,togethq,with,and in addition to,the monthly payments of prmcipal and interest payable under the terms of the ' �``'%
<br /> ; note secured hereby,thc MongBgor wi0 pay to the Mortgagce,on the first day uf each month until the said note is fully paid_the �;*�'
<br /> followingsums: �:�,,,.
<br /> ,a.
<br /> � � � Ial An amount atAFcient to prmide the M+Ider hereo!wi7h fond•In pay the nexr mottp6e inaur»nc<premwm i(�hn imirumenr wne the nme.ecured berchv � � . .
<br /> � are'inwred.or a monthly char�e fio Reu�of a mortga8e insunntt Drcmiuml if lhey are held Ay the Secretarv of Houxing and UrFan(kvNopment.n.fnl-
<br /> bws:
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