|
� �
<br /> !'� 1'hia Eozm is used in cannec-
<br /> /-� tion with mortgages anaured
<br /> M�RT��ITLj` under the one-to fonr-family
<br /> ,..; proviaiona of the NaCional '
<br /> : Housing:Act.
<br /> . 7g� �02054 ,
<br /> �
<br /> f THl&MORTGAGE.made a�d execu�ted fhis S� day ot April .A.D.
<br /> �i
<br /> ; 19'�� .byandbehveen, paul T. Hu�]c and Tlieresa L. Buck,HuSb�nd and NTife
<br /> of t2�e Coun[y of Fiall .and State of Nebras'ka,party oC th,e first parr,hereinaher aalled
<br /> the Mottgagor.and •
<br /> ', FTESTERAI SECLJ,RITTES GOMPANY ,.
<br /> a corPoration organ'►zed and rxisting under the laws of Nebrasl�a �
<br /> party of the seccand part,hereinsfier eslled Che M'ortgagee,
<br /> � WtTNESSETFi:That the said 1Noztgagor,forand in con3ideration of the sum ot ZWenty-n.i.ne Thousand Six
<br /> Hundred and No/lOd-----`^---^-------.._---'----- Doliars(S29.600_00 ).Paid by the Mort- :
<br /> gag�ee, #he rtceipt of whiab is hcrehy acknowledged, hss Grented and Sold and by thcse prescnts dpes Grant, Har- ;
<br /> gain, Sell, Convay and Cpnfirm unto the Mortgagee, its successors and assigns, focever, the followingdescritied
<br /> x rea#estace.,situated in,the County of Hall ,and State
<br /> of'1Veb[ask�i.to wit:
<br /> . i'
<br /> a'
<br /> F
<br /> iqt '3Wo i2), in Block Forty (40), in Charles Wasmer's
<br /> Piddition to the City of Grand IsTand,yHa7.1 County, Nehraska
<br /> Y
<br /> �
<br /> {
<br /> -� . . . . . . . .
<br /> � ' _
<br /> % of the Sixth Principal Meridian,containing in sil acres according to Govern- .
<br /> � meot survey:
<br /> � TO HAVE AND TO HOLD the premises above described,with all the appunenances thereunto belonging and inciuding a
<br /> 1 al!heating,plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate
<br /> n untothCMortgagee,and to its successors and assigns,forever-The Mortgagor represents to,and covenants with,tAe Mortga-
<br /> � gee.that the Mortgagor has good right to sdl and convey said premises;that ffiey are frce from encumbrance;and that the
<br /> -� Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever;and the said Mortgagor here-
<br /> i by nlinquishes ali rights of homestead,and atl martial rights,either in law or in equity,and all other contingent interests of the
<br /> Mortgagorin and to the above-described premises,the intention being to convey hereby an absolute tide,in fee simple,includ-
<br /> � � ing all rights of homestead,and other rights and interests as aforesaid.
<br /> r
<br /> , PROV IDED ALWAYS,and these presents are executed and delivered upon ihe following conditions,to wit:
<br /> The Morigagor agrees to pay to the Mortgagee,or order,the principa]sum of �sty-nine Thousand Six Hundred
<br /> � and No/100------------------------����+$(� z9.600.00 ),with interes[from
<br /> date at the rate of Ei.ght and Three-fourths per centum( 8.75 %)per annum on
<br /> the unpaid balance until paid.The said principal and interbst shall be payable at the office of WESTERN SECURITIES
<br /> ' COMPANY �n Omaha, Nebraska r at such o�he I the holder of
<br /> � the note may designate in writing,in monthly installments of �o Hundred Forty=t�ree and �i1��5�-------
<br /> Dollars(S 243.61 ),commending on the first day o[
<br /> 't June ,lA8 ,and on the first day of each month thereafter until the principal and in-
<br /> � tereat are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and
<br /> papabte on the first day of May, 2003 ;all according to the terms of a certain promis-
<br /> sory note of even date herewith ezecuted by the said Mortgagor.
<br /> �y , TLie Mortgagor in order more fully to protect the security of this MoRgage,agrees:
<br /> '�i 1..,That he will pay the indebudness,as hereinbefore provided.Privilegc is reserved to pay the debt in whole, or in an
<br /> ; amount equal to one or more monthiy payments on the principal that are next due on the note,on the first day of any month
<br /> � priar to mawrity:Provided,however.Tharwritten notice of an intention to exercise such privilege is given at least thirty(30) -
<br /> ""'3. , days prior toprepaymrnt. ....�"� •' ',
<br /> 2:That,together with,and in addition to,the monthly payments of principal and interest payable under the terms of the �t
<br /> note secured hereby;the Mottgagor wiltpay to the Mortgagee,on the first day of each month until the sain note is fully paid,the �;:`•.`�
<br /> � fqilowingsnms: r�°,
<br /> f<� (a) Amount suffldent to provida the holder hereof wiffi funds to pay the next mortgage insurance premium if this ��,� ""
<br /> `"" " instrument`and the note xcured hereby an insused,or a monthly charge(in lieu of a mortgage inwrance prr �s' .-�,ar
<br /> ,r- .,..
<br /> mtumJ if they aro held by the Secretary of Housing and Urban Development,as follows: ��'"
<br /> .y �. � � � � � . � � � �� �� � - � � � � �
<br /> i (1) If and so long as said note of even date and this instrument are irtsured or are reinsured under the pro-
<br /> � ., visions;of the Nat3onal Housiag Act,an amount suffiaent to accumulate in the hands of the holder one
<br /> ? STATE OF NEARASKA I
<br /> y . . �. .PrevlousEdixionsare.Obwlete FMA-2143M(tOJ7) J
<br />
|