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STATE OF NEBRASKA
<br />FHA FORM NO. 2143M
<br />(Rev. December 1972)
<br />MORTGAGE
<br />0pi9� �f
<br />THIS MORTGAGE, made and executed this l day of
<br />19 75 , by and between Rick A. Lewis. and Jacque K. Lewi husband and wife, each -in yod
<br />h' � her' own individual right' and �as spouse of the other, jointly and severally J'�y
<br />of t e ounty of Buffalo , and State of Nef�raska, party of the first part, hereinafter called
<br />the Mortgagor, and First Federal Savings and Loan Associat';on of Lincoln
<br />a corporation organized and existing under the laws;of , the United Stat
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the su
<br />FIFTY AND N01100 -------------------------------- Doll
<br />gagee, the receipt of which is hereby acknowledged, has Granted and S
<br />gain, Sell, Convey and Confirm unto the Mortgagee, its successors a
<br />real estate, situated in the County of Hall
<br />of Nebraska, to wit:
<br />This form is used in connec-
<br />tion. with. mortgages insured
<br />under the one- to four -family
<br />provisions of the National
<br />Housing Act.
<br />Lot Three W , in Block Nine (9),
<br />!s e
<br />in of FIFTE0 0THOUSAND SEVEN HUNDRED
<br />ars ($° ,7 7 ), paid by the Mort -
<br />old and -by these presents does Grant, Bar -
<br />assigns, forever, the following -described
<br />and State
<br />Addition to the City of Grand Isl
<br />-in Meves First
<br />and, Hall County, Nebraska
<br />of the Sixth Principal Meridian, containing in all acres according to Govern-
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises above described, with all the ap urtenances thereunto belonging and including
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attach d to or used in connection with said real estate
<br />unto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance; and that the
<br />Mortgagor will warrant and defend the same against the lawful claims of all pers( ns whomsoever;:and the said Mortgagor here-
<br />by relinquishes all rights of homestead, and all martial rights, either in law or in quity, and all other contingent interests of the
<br />Mortgagor in and to the above-described premises; the intention being to convey hereby an absolute title, in fee simple, includ-
<br />ing all rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the rinci al sttm o FIFTEEN THOUSAND SEVEN HUNDRED
<br />FIFTY AND NO 100 -------------------Dollars ($ 5,7)0.00
<br />), with interest from
<br />date at the rate of .. Eight and One -Half per centum ( 8.50 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at office of F'ic p nd
<br />ylRgln Loan
<br />otatnlo a a
<br />in Lincoln, NE I , or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of One Hundred Twenty -One and 12/100 ---------
<br />----------- -----------------
<br />----------------=----------------- Dollars ($ 121.12 ), commending on the first day of
<br />November , 19 75 and on the first day of a ch month thereafter until the principal and in-
<br />terest are fully. paid, except that the final payment of principal andi� - t, if not sooner paid, shall be, due and
<br />payable on the first day of October lRaccording to the terms of a certain promis-
<br />sory note of evendate herewith executed by the said_ Mortgagor.
<br />The Mortgagdr in order more fully to protect the security of this Mortgage, a rees:
<br />I. That he will pay the indebtedness, as hereinbefore provided. Privilege i reserved to pay the debt in whole' or in an
<br />amount equal to.one.or'more monthly payments on the principal that are next du
<br />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 thirty (30)
<br />days prior to prepayment.
<br />2. That; together with, and in addition to, the monthly payments of princip il 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 said note is fully paid, the
<br />following sums:
<br />(a) An amount sufficient to provide the holder hereof with funds to pay the next mortgage insurance premium if this instrument and the note secured hereby
<br />are insured, or a monthly charge (in lieu of a mortgage insurance premium) if they are held b i the Secretary of Housing and Urban Development, as fol-
<br />lows:
<br />6 t ' r_--/
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