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STATE OF NEBRASKA
<br />FHA FORM NO. 2143M
<br />(Rev. December . 1972) This form is used in connec-
<br />tion with mortgages insured
<br />MORTGAGEunder the one- to four -family
<br />provisions of the National
<br />01. 10 197, 6 Housing Act.
<br />THIS MORTGAGE, made and executed tl�is 24th day of November A.D.
<br />1975 byandbetween Martin E. Maaske and Patricia Sue Maaske, husband and i-�ife each in
<br />0�d
<br />,hs �nd her oi-m individual right and as spo �he other, dP
<br />,Wl ral
<br />e 0 rsyp and sev,?
<br />'-' unty 01 Hall an Ytateofof ebraska, par y e art, herema ter c5i7ed
<br />the Mortgagor, and
<br />FIRST'FEIDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />a corporation organized and existing under the laws of the United States
<br />party of the second part, hereinafter called the Mortgagee,
<br />. WITNESSETH: That the said Mortgagor, for and in consideration of the sum- of SEVENTEEN THOUSAND SEVEN
<br />HUNDRED FIFTY AND N01100 ---------------- , -------- Dollars ($ 17, 750 - 00 ), paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar-
<br />gain, Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following -described
<br />real estate, situated in the County of Hal'r and State
<br />of Nebraska, io wit:
<br />Lot Five' (5), in Block Seventy Four.(74), in �Theeler and Bennett' . S
<br />Third Addition to the City of Grand Island., 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 appurtenances thereunto belonging and including
<br />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, fore�er. 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 persons whomsoever; and the said Mortgagor here-
<br />by relinquishes all rights of homestead, and all martial rights, either in law or in equity, 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 principal sum of SEVENTEEN THOUSAND SEVEN HUNDf�ED
<br />F17 TY'AND NOIiOO ---------------- Dollars ($17,750-00 ` ), with interest from
<br />date at the rate of Nine per centurn 9.0 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of First Federal Savings
<br />and Loan'Association of Lincoln
<br />. in . Lincoln or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of One Hundred* Forty Nine and 10/100—.7 -------
<br />-------------------------------- Dt)44ffs-(�— 149.10 ), commending on the first day of
<br />January. 19 7b , 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 not sooner paid, shall be due and
<br />payable on the first day of December 2000, all according to the terms of a certain prpmis-
<br />sory note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />1. That 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 principal that are next 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 thirty (30)
<br />days prior to prepayment.
<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 ofeach month until the -said note is fully paid, the
<br />following sums:
<br />0) 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 />arc insured, or a monthly charge (in lieu of a mortgage insurance premium) iNhey are held by the Secretary of Housing and Urban Development, as fol-
<br />lows:
<br />
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