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<br /> `^� This fa,rm ia used in connec-
<br /> tion with mortgages insured
<br /> MORTGAGE �nder the one-to tour,family
<br /> provisions of the Nationai
<br /> .7$"� {f o��$5 Housing Ac,t,
<br /> I ;
<br /> TFIIS IKOIiTC,AGE,made s�nd executed thSs 13`th day of Apri 1 ,A.D.
<br /> 19 7'8 ,by and between
<br /> GARX 1C. HAS�ELMANN AND PAMEIA S. FIASSEIMANN, Hi:iSBAND AND WIFE
<br /> of the CounCy of I�ALI. ,and State of Nebraska.,party of the first part,hereinafter called
<br /> tha Mortgagpt.and .
<br /> WESTERN SECURITIES CCfMPANY '
<br /> a Carporgtion ocganized and ex'tsCing under the laws aB NF.BBASKA
<br /> party af the second part,hereinafter called thr Mortgagoe, �
<br /> WITNF SSETH:That[hr said Martgagor,Cor and in co�rsideration af rha sum of 1WII�TTY NIN$ THOU$AND 1W0 HUNDRED
<br /> AND NO/IOQ"-^------^-----------^-----^---------�-polfars(S 29,2'00.40 ).PaidbythzMort-
<br /> gagee, the receipt oE which is hereby acknowlcdged, has Grantod and Soid and by these prescnts does Grdnt. Bar-
<br /> gain, Sell, Conwey and Confirm unto the MorYgageo, ifs sqcc'cssors and assigns, forever, the tallow'ing-desCnbed
<br /> resl estste,situared in[he Couqty of HALL ,and$tate
<br /> of Nebraska,to wiF:
<br /> Tfl� El�STERLY 40.3 FEET OP IAT EI;EVEN (Il) OF TFtE CbUNxY SITBDIVxSTON
<br /> OF IATS TFIIR�EEN (13) AND STXTEEN (i6) AND PART OF IATS E'iGHT (8),
<br /> �ZEVEN (lZ)y TWEZVE (12) AND FOURTEEN (7:4) OF TfiE CQ1JNTy SUBDNISION
<br /> OF TFE SOUTfi EAST QUARTER Ok' 50UTki tJEST QUARTER OF SECTION 16, TOWNSHTP
<br /> xl NORTH, RANG� 9 WEST OF THE 6th P,M., HALL GOUN'TY, NEBRASKA.
<br /> . i
<br /> � of the Six[h Princi al Meridian,containin in all '
<br /> P e acres according to Govern-
<br /> men[survey:
<br /> i
<br /> :` TO HAVE AND TO HOLD the premises above described,wi[h all the appurtenances thereunto belonging and including
<br /> S all heaUng,piumbing and lighting fixtures and equipment now or hereafter attached to or used in wnnection with said real estate
<br /> unto the Mortgagee,and[o its successors and assigns,forever.The Mortgagor represen[s to,and covenan[s with,the Mortga-
<br /> :� gee,that the Mortgagor has good right to sell and convey said premises;that they are free f�om encumbrance; and that the
<br /> Morigagor will warrant and defend the same against the lawful claims of all persons whomsoever;and the said Mortgagor hera
<br /> � by relinquishes aU rights of homestead,and all martial rights,either in law or in equity,and all other contingent interests of the
<br /> S Mortgagor in and to the above-described premises,the intention being to convey hereby an absolute title,in fee simple,includ-
<br /> ing all rights of homes[tad,and other righ[s and interests as aforesaid.
<br /> PROVIDED ALWAYS.and these presents are executed and delivered upon the following conditions,to wi[:
<br /> ';
<br /> ' The Mortgagor agrees to pay to the Mortgagee,or order,tAe principal sum of TWENTY NINE THOUSAND 2W0
<br /> ' HIINDRED AND NO�100------ - - --- Dollars(S 29,200.00 ),with interest from
<br /> date at the rate of EIGri� AND THREE QUARTERS per centum( g,75 4b)per annum on
<br /> ! the unpaid balance until paid.The said principal and interest shall be payable at the office of WgSTERN SECL7RITIES
<br /> '{
<br /> .j �M�A� in OMAHA, NEBRASKA ,or at such other place as the hotder of
<br /> the note may designate in writing,in monthly installments of TWO HUNDRED FIFTY EIGHT AND 13/100--------
<br /> 1 ---------- ------------------ Dollars($ 258.13 ),commending on the first day of
<br /> �NNE .19 78.and on the first day of each month thereafter until the principal and in-
<br /> � tecest are fully paid, except that tht final payment of princiy al and interest, if not sooner paid, shall be due and
<br /> payable on the first day of MAY 1998 , ;all according to the terms of a cectain promis-
<br /> :� sory note of even date herewith executed by the said Mortgagor.
<br /> `� 7'he Mortgagor in order more fulty to protect the security of this Mortgage,agrees:
<br /> j
<br /> :� 1. 7'hat he will pay the indebtedness,as hereinbefore provided.Privilege is reserved to pay the debt in whole, or in an ;
<br /> amount equal to one or more monthly payments on the principat that are nex[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 given at least th'vty(30) �
<br /> 2 days prior to prepayment.
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<br /> :{ 2. That,together with,and in addition to,the monthly payments'of principal and interest payable under the terms of the "
<br /> note secured hereby,the Mortgagor will pay to the Mortgagee,on the first day of each month until the sai8 note is fully paid,the J ,v[
<br /> foUowing sums:
<br /> '(a) Amount sufficirnt to rovide the holder hereof with funds to a the next mort p ` x
<br /> P p y gage insurance remium if this ,,� +
<br /> '± instrument and the note secured hereby aze insuted,or a monthly charge(in lieu oja mortgqge insumnce p�e- �
<br /> ;� miumJ if ihey are held by the Secretary oF Housing and Urban Development,as follows: . _
<br /> { (I) If and so long as said note of even date and this instrument are insured or are reinsured under[he pro-
<br /> visions of the National Housing Act,an amou�t sufficimt to accumulate in the hands of the holder one
<br /> Prcvlous Editions are Obw�ete STATE OF NEHRASKA �
<br /> FHA-�143M(10-77)
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