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78971-1-20 ThIs form Is used In .comectlon with mortgages 'Insured under the one-to four-lamUy provisions ollhe Na1lonaI Hous!tig Act. p, MORTGAGE 87-107320 THIS MORTGAGE..made and exec:Uted this 24th. cmy of. December. . A,O. 1987 b~ n~i~yp~is~~~Oj~~~hy ~~ag~~vg~~i~y :~~ ~~n;ii~'t~~~i~~O~lg~t, . of 1M ~0I. naIl. and the SlBte of Nebrub,partyof the In$t PIfI, hereNtler cahd the MortgIIgor.end FIRSTFEDRRAT, SAVTNr.S ANn T .oAN ASSOr.TATTON OF T.TNmr N . c:O.pomion orgInIziIdlftd.atlngilndlr the IIlvts of The United S tateSof America second PIfI, ~ ~ the ~ party of the T"-enty One ~J.housand Five Hundred and WITNESSETH: That the said Mortgagor. for and in conslderaUon of the sum of ~... no/100 . DaIIrs ($ 21500.00 I. paid by the MortgIgIe,. the receipt of whlch is hereby aclalawledged. has Grmlted and Sold and by these presents does Grant,. 8lIrgIin. SeI. Convey and Conh1 unto the Mortgagee. its successors and assigns. forever. the foIowing.desailed reel estate, siluated in the County of Hall , and the State of Nebraska, to wit " The West Half (Wlf2) of Lot Five (5), and all Lot Six (6), Block Seven (7), in MacColl and Leflang's Addition to the Village of Wood River, Hall County, Neb~aska. of the SIdh PltlcipIII. MericIIn, . c:ordair*Ig in .. city property aaes acc:onIng to Go\.emme:d survey: TO HAVE IMJ TO HOlD the ...... above desaited. wlIh a1 the appurtenanQeS lfleRunto belonging and inQ.Icfng .. healing. plImbk1g and IIghling ..... _ ~ now or herafler atlIldled to or used in ClOMeC:tioC1 wlh said reel estate IIIlto the Mortglgee. end to ~ SU~ end ...... forenr. The Mortgllgor represents to, and ClC7I'eMIlts wlIh. the Mortgagee. that the M~ has good right to sell and convey said ~ that they are free Irom enam1branoe; and that the Modgagor lIlil _t and defend the _ IlgIIilSt the fttJI o1alms of .. ~ whomsoever. and the said Mortgllgor hereby relinquishes a1 rights 01 homestead, and at martiII rights. eilher in law or ... eQully. and .. other confngent interests 01 the Mortgagor in and to the abcwe-desaibed premises. the intention beiilg to convey hereby an ab- solute tiIle. in fee slrrpIe. inwdilg .. rights of homestead. and other rights and interests as aforesaid.. PROVIDED AlWAYS. and these presents are executed and delivered UJlOII the fo'llDwing condtions, to Mt: '"" M~gagor ~ to pay to the Mortgagee, or order. the pmcipaI sum of Twenty One Thousand Five Hundred and no/10 00'Iars($ 21500. 00 ), with interest from ckta at the rate 01 Ten and one half per centum( 10.500 'Ir,) per lII'\MIm on the uopaid bmInce unII pIid, The INIid princ:ipIII and inlerest shal be ~ at the oIlioe of First Federal Savin2s and Loan Association of Lincoln in Lincoln. Nebraska . or at HctI other place as the hoIdIr 01 the note nwy ~ in writing, in monthly instd'nents 01 Two Hundred Thirty Seven and bl/100 poIws($ 237.67 ), COllIITII!nCtlg on the frst day of February . ~ ~tslS . met on the 1m day of eech month th-n. unO the principal and klterest are filly paid. except that the &\eI payment 01 principal and int.... It not __ pIid, shal be We and pay.bIe on .he first day of January 2003 : aI acconing 10 the terme of a cartan plOITIuory note of _ date herewith searted by the said Mortgagor. L The Mortgagor n order more filly to protect the security of this Mortgage, agrees: f. That he wi! PlY tha ndebtedness. as hereinbefore pro\ided. Priviege is resefYed 10 pay the debl, in whole or in part, on any instalment due date. 2. That, together with. and in adc:itlon 10, the monthly paymenls 01 principal and inlerest payable under the terms of the nole SeGured hereby. the Mortgagor wiI pay 10 the Mortgllgee, on Ihe firsl day of each month unlil Ihe said nole is fuBy paid, Ihe foBowing sums: P.~ , 01 3 STATE OF NEBRASKA HUO . 92'43M (9....) ( ~...