|
<br />This form 15 used In connection wtth
<br />mortgages Insured under the one.to
<br />four,famlly provisions of tho National
<br />Housing Act,
<br />
<br />88-= 1003i 6
<br />
<br />MORTGAGE
<br />
<br />r
<br />
<br />THIS MORTGAGE. made and executed this 'Z2nd
<br />between
<br />
<br />day of
<br />
<br />January
<br />
<br />. A.D.
<br />
<br />1988 ,by and
<br />
<br />
<br />Barbara J. Gettman, a single person,
<br />
<br />of the County of Hall
<br />, called the Mortgagor, and
<br />
<br />, and the State of Nebraska. party of the first part. hereinafter
<br />FIRST FEDERAL SAVINGS ANn LOAN ASSOCTA'I'TON OF T.TNCm.N
<br />
<br />a corporation organized and exlsting under the laws of
<br />second part, hereinafter called the Mortgagee.
<br />
<br />The United States of America
<br />
<br />party of the
<br />
<br />
<br />Thirty Seven Thousand Nine Hundred and
<br />WITNEsSETH: That the said Mortgagor. for and In consideration of the sum of
<br />no/lOO Dollars ($ 37.900.00 -l,
<br />
<br />paid by the Mortgagee. the recelpt of which Is hereby acknowledged. has Granted and Sold and by these presents does Grant. Bargain, Sell,
<br />Convey and Confinn unto the Mortgagee, its successors and assigns, forever, the following-described real estate, situated in the County of
<br />Hall . and the State of Nebraska, to wit:
<br />
<br />Lot Seven (7), Block Two (Z), in Dickey Third Subdivision, a Resubdivision of
<br />all of Blocks Two (2), and Three (3), Dickey Subdivision, and all Blocks One
<br />(1) and Two (2), Dickey Second Subdivision in the City of Grand Island, Hall
<br />County, Nebraska.
<br />
<br />"
<br />
<br />of the SIxth Principal Meridian. containing in aM
<br />
<br />city property
<br />
<br />acres according to Government SUlVey:
<br />
<br />TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belonging and including all heating, plumbing
<br />and lighting ftxtures and equipment now or hereafter attached to or used in connectlon with said real estate unto the Mortgagee. and to its
<br />sUCcellSors and assigns. forever. The Mortgagor represents to. and covenants with. the Mortgagee, that the Mortgagor has good right to sell
<br />and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and defend the same against the lawful
<br />claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of homestead, and all martial rights. either in law or in
<br />equity, and all other contingent Interests of the Mortgagor in and to the above-described premises. the intention being to convey hereby an ab-
<br />solute title, in fee simple, including all rights of homestead, and other rights and interests as aforesaid.
<br />
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions. to wit:
<br />
<br />Thirty Seven Thousand Nine Hundred and
<br />nr:;7l1JWgagor agraes to pay to the Mortgagee, or order, the principal sum of
<br />Dollars($ j/~UU. UU ).
<br />with interest from date at the rate of Ten per centum( 10.000 %) per annum on the unpaid
<br />balance until paid. The saki princlpal and interest shall be payable at the office of Firs t Federal
<br />Savin2s and Loan Association of Lincoln in Lincoln. Nebraska , or,t lillcb1oth.er place
<br />as the holder of the note may designate In writing, In monthly installments of Three Hundred l'hlrty TWO and (Jut 00
<br />Dollars(S 332.60 ), commencing on the first day of aarch ,
<br />~ ~"" ,and on the first day of .ch month thereafter until the principal and interest are fully paid. except that the final payment of principal
<br />and Int_t, If not sooner paid, shan be due and payable on the first day of February , Z018 ; all according to
<br />the terms 01 . certain promluoty note of even date herewith executed by the said Mortgagor.
<br />
<br />The Mortgagor In order more fully to protect the security of this Mortgage, agrees:
<br />
<br />1. That he wlI plIy the Indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt, in whole or in part, on any
<br />Installment due date.
<br />
<br />2. That, together with, and In addition to, the monthly payments of principal and Inierest payable under the tenns of the note secured
<br />hereby, the Mortgagor will pay to the Mortgagee, on the first day of each month until the said note is fully paid, the following sums:
<br />
<br />L
<br />
<br />Page 1 of J
<br />
<br />STATE OF NEBRASKA
<br />HUD . 9214JM (9'79)
<br />
<br />l
<br />
<br />~ :)
<br />
|