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<br />I
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<br />79029-1-20
<br />
<br />This form Is used In connection with
<br />mortgages Insured under the one-to
<br />four. family provisions of the National
<br />Housing Act.
<br />
<br />I"
<br />
<br />MORTGAGE
<br />
<br />88-100313
<br />
<br />THIS MORTGAGE, made and e:lecuted this nnc1
<br />between Uonald J. Janzen and Kathleen
<br />
<br />of the County of Hall
<br />called the Mortgagor, and
<br />
<br />day of
<br />E. Janzen,
<br />
<br />.January , A.D. 1988 , by end
<br />husband and wife jointly.
<br />and each in their own rlght,
<br />, and the State of Nebraska, party of the first part, hereinafter
<br />A~~Or.T A1'TON OF LTNr:m N
<br />
<br />FIRST FEDERAJ. SAVINr.S ANn LOAN
<br />
<br />a corporation organized and exIstl:tg under the laws of ,The United States of America
<br />second part, hereinafter called the Mortgagee,
<br />
<br />party of the
<br />
<br />Twenty Thousand ,Two Hundred and no/100
<br />~O~OO.OO
<br />Dollars ($ I,
<br />paid by the Mortgagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain, Seil,
<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 />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of
<br />
<br />Lot Ten (10), in Block Two (2), in Morris Addition to the
<br />City of Grand Island, Hall County, Nebraska
<br />
<br />of the SIxth Principal Meridian, containing in an
<br />
<br />city property
<br />
<br />acres according to Government survey:
<br />
<br />TO HAVE AND TO HOLD the premises above desaibed, with all the appurtenances thereunto belonging and including all heating, plumbing
<br />and Ogh&lg fixIures IIIld equipment now or hereafter attached to or used in connection with said real estate unto the Mortgagee, and to its
<br />successors IIIld 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 wiU warrant and defend the same against the lawful
<br />claims of .. persons whomsoever; and the said Mortgagor hereby relinquishes all rights of homestead, and all martial rights, either in law or in
<br />equity, and an other contingent interests of the Mortgagor in and to the above-desaibed premises. the intention being te 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 />The Mortgagor agrees to pay to the Mortgagee, or order. the principal sum of Twenty Thousand Two Hundred and no/100
<br />Dollars($ 20200 . 00 ),
<br />whh interest from date at the rate of Ten and One fourth Der centum( 10.250 %) per annum on the unpaid
<br />balance until paid. The said princIpaJ and interest shall be payable at the office of First Federal
<br />SaviOlls and Loan Association of Lincoln in Lincoln. Nebraska , or at such olher place
<br />as the holder of the note may designate in writing, In monthly instalments of Two Hundred Twenty and 18/100
<br />Dollars($ 220 . 18 ). commencing on the first day of March _,
<br />1988, IIIld on the first day of each month thereafter until the principal and interest are fully paid, except that the final payment of principal
<br />and interest, if not sooner paid. shan be due and payable on the first day of February 2003 ; all according 10
<br />Ihe terms of . certain promissory note of even date herewith executed by the said Mortgagor.
<br />
<br />L
<br />
<br />The Mortgagor In order more fully to protect the security of this Mortgage. agrees:
<br />
<br />1. That he will pay 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 interest payable under the terms of the note secured
<br />tiereby, the Mortgagor wiA pay to the Mortgagee, on the first day of each month unlil the said note is fully paid. the following sums:
<br />
<br />Paoe 1 01 J
<br />
<br />STATE OF NEBRASKA
<br />HUD - 9214JM (9'79)
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