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<br /> STATE OF NEBRASKA
<br /> FHA FORM NO.2143M This form is used in connec-
<br /> (Rev.:May 1976) tion with mortRages insured
<br /> � M�RTG''AGLj' under the one- to four-family €R 1 '
<br /> provisions of the Nstional �y
<br /> Housin�Act. R �
<br /> � 7s-� 002675 �� �
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<br /> TH[S MORTGAGE.made and executed this � day of ��� .A.D. (.
<br /> 19 78 byandbetween Robert L. Hi11, a single person and Nan M. Iianaon, a single person,
<br /> � jointly and severally and each in their own right, E' �
<br /> ` of the County of Hall ,and Stare of Nebraska,parry of the first part,hereinafter called ta.
<br /> J ihe Mortgagor,and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OE LINCOLN ' k., .
<br /> H
<br /> a corporation organized and existing unJer the laws of The United States o£ America . �
<br /> , ;" party of the second part,hereinafter called the Mortgagea
<br /> ;' WITNESSETH:Thal the said Mortgagor,for and in consideration of the sum of TGIENTY FOUR THOUSAND ONE HUNDRED �
<br /> FIFTY AND NO/100--------------------------------0ollars(5 24,150_00 ).paid by the Mort- �
<br /> � gagee. the rcceipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant. Bar-
<br /> , � gain, Sell. Convey and Confirm unto the Mor[gagee, its successors and assigns, forcver, the following-described � �3.
<br /> real estate,sicuared in the County of Ha11 .and Sta[e �
<br /> � of Nebraska,to wit: � �
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<br /> ; Lot Six (6), Blocic Seventy—six (76), in the Original Town, f >
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<br /> 5 now City oF Grand Island, Hall County, Nebrasks. � z'.-
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<br /> of the Sixth Principal Meridian,containing in all City Property acres according to Govern- (
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<br /> ment survey:
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<br /> � TO HAVE AND TO HOLD the premises above described,with all the appurtenances[hereunto belonging and irtcluding i�±'
<br /> 3'; 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 Mortga�or represents to,artJ covenants with,the Mortga-
<br /> 1� gee,that the Mortgagor has good right to sell and convey said premises;that they are free from encumbrance:and that the �
<br /> t Martgagor wi11 warcant and defend the same against the Iawful claims of all persons whomsoever,and the said Mongagor here- i
<br /> (� by relinquishes a0 rights of homestead,and all manial rights,either in law or�n equity.and all other contingent interests of the
<br /> Mor[gagor in and to the above-described premises,the intention being to convey hereby an absolute tiUe,in fee simple,includ-
<br /> ing all rights of homestead,and other rights and interests as aforesaid.
<br /> �} PROVIDED ALWAYS,and these presents nre executed and delivereJ upon the fullowing conditions,to wit:
<br /> The Mortgagor agrees to pay to the Mortgagee.or order,[he principal sum of TWENTY FOUR THOUSAND ONE HUNDRED
<br /> �- FIFTY AND NO/100-------_______�_Dollars(S 24,150.00 ),with interest from
<br /> ' date at the rate of eight and three fourths------------ Per cenwm( S.75 %)per annum on
<br /> � the unpaid balance until paid.The said principal and interest shall be paynble ut the office of First Federal Savings aad�
<br /> ' I I.oan Association of Lincoln
<br /> ' .� in Lincoln, Nebraska ,or at such other place as the holder of
<br /> 1` the note may designate in writing,in monthly installmen[s of ONE HUNDRED NINETY EIGHT AND 75/10o - --
<br /> •�' Dollars(5 198�75 ).commendmg on the fint day of
<br /> � June ,!9 78,and on the first day of each munth thereafter until the principal and irn
<br /> , i� terest are f�slly paid, excep that the final payment of principal and interest, if not sooner paid. shall be due and
<br /> t payable on the firse Jay uf � 2003• :����«�rding to thc tcrms ot a certain promis-
<br /> ���
<br /> sory note of even date herewith executed by the said Mortgagoc
<br /> "1 r The Mort�tagor in order more fulty to pmtect the security of this Mortgage.agrees:
<br /> I, Ttiat he will pay the indebtedness,as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an '""�"��
<br /> amount equat to one ormore monthty payments onlhe principal that nre next due on the note, on the first day of any month r
<br /> � � priocto ma[urilys Provided.however:That writ[en noticrof an inteniion to exercise such privilege is given at kast thirty(30)
<br /> - days prior to prepayment. • � �
<br /> $+'. -
<br /> . 2.,'L`hat,together with,�and in addition to.�thc monthly payments�of�principal and in[erest�p:�yable under the terms of the . ��'�a
<br /> '' �� note secured fiercby,the Mortgagor will pay ro the Morcgagee,oa thdfirst day of each month until the saiJ note is fully paid,the y r^�`
<br /> , 'followingsumr. ;.r,� 4' `
<br /> , . .v: �..�e�.y._. . ..�
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<br /> Iu1 An nmuunawlficient iq provide tbe holder here.�f wilh funds�u pay fM neat mortp,uyzr in.urance pr<mium d thi.in+trumenl and�h<nute.e:urrJ hcrehy
<br /> �'.-� � �we irtsur<d:ax amoMhly,eharsqfin lieu of a mottgage Insuronct premiuml if Ihey are held by Ihe Secrctnry of Howing and Urlun Devd<.pment.:n fob �
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