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<br />220600635
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<br />MORTGAGE
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<br />I'hi\ form i\ u\cd in t'onncl'tion
<br />wllh Il1lHtgl\gl'~ in~lIrcd under the
<br />onr. 10 four-family provisions of
<br />Ihe Nltl;""ltl H"",ing Acl.
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<br />88- 100599
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<br />THIS MORTGAGE, made and executed this 2ND day of FEBRUARY , A.D,
<br />19 88 ,by and between RONALD L. VON BEHREN AND UNA M. VON BEHREN, HUSBAND AND WIFE
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<br />of the County of HALL ' and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK
<br />NEBRASKA
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<br />a corporation organized and existing under the laws of
<br />party of the second part, hereinafter called the Mortgagee,
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<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of
<br />FORTY SIX THOUSAND TtolO HUNDRED SEVENTY SIX AND 00/100 ______ Dollars ($46,276.00 l, paid by the
<br />Mortgagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain,
<br />Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following.described real estate, situated
<br />in the County of HALL , and State
<br />of Nebraska, to wit:
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<br />LOT FIVE (5), IN BLOCK THREE (3), IN STEWART PLACE SUBDIVISION, HALL COUNTY, NEBRASKA.
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<br />of the Sixth Principal Meridian, containing in all
<br />Government survey:
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<br />acres according to
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<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and
<br />including all heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with
<br />said real estate unto the Mortgagee, and to its successors and assigns, fOrever. The Mortgagor represents to, and covenants
<br />with, the Mortgagee, that the Mortgagor has good right to sell and convey said premises; that they are free from
<br />encumbrance; and that the Mortgagor will warram and defend the same against the lawful claims of all persons whomsoever;
<br />and the said Mortgagor hereby relinquishes all rights of homestead, and all martial rights, either in law or in equity, and all
<br />other contingent interests of the Mortgagor in and.to the above-described premises, the intention being to convey hereby an
<br />absolute title, in fee simple, including all rights of homestead, and other rights and interests as aforesaid.
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<br />PROVIDED AL WAYS, and these presents are executed and delivered upon the following conditions, to wit:
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<br />The Mortgagor agrees to pay to the Mortgage!;., or order, the principal sum of
<br />FORTY SIX THOUSAND TWO HUNDRED SEVENTY SIX AND 00/100 ---------__ Dollars ($ 46,276.00 ),
<br />
<br />with interest frOm date at the rate of TEN AND ONE-HALF per centum{ 10.500 OJo)per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of OCCIDENTAL NEBR FEDERAL
<br />SAVINGS_.BANKin 11704 W CENTER RD OMAHA NE 68144 ' or at such other place as the holder of
<br />the note may designate in writing, in monthly instal1fuents of FOUR HUNDRED TWENTY THREE A.ND 301100
<br />APRIL 88 Dollars ($ A2:"l:"lp J, commencmg on lhe first day of
<br />, 19 , and on the firsfilay 11 each month thereafter until the principal and
<br />interest are futly i>ald, except that the final payment of principal and interest, if not sooner paid, shall be due and payable un
<br />the first day. of MARCil . 20,18 ; all according to the terms of a certain promissory
<br />note of even'date herllwith executed by the said Mortgagor.
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<br />The Mortgagor in order more fuJly to protect the security of this Mortgage, agrees:
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<br />I. That he will pay the indebtedness, as hereinbefore provided. PRIVILEGE IS RESERVED TO I'A Y THE DEBT.
<br />IN WHOLE OR IN PART, ON ANY INSTALLMENT DUE DATE,
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<br />2, That, together with, and in addition to, the monthly payments of principal and interest payable under the terms of
<br />the note secured hereby, the Mortgagor will pay to the Mortgagee, on th~ first day of each month \Intil the said note is fully
<br />paid, the following sums:
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