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<br />220600645
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<br />MORTGAGE
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<br />rtw. form 1\ used in connection
<br />wilh mortgages insured under the
<br />onc. 10 four-family provisions of
<br />Ihe Nalional HOllsing Act.
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<br />88-10081'4
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<br />THIS MORTGAGE, made and exe<:uted this 18TH day of FEBRUARY
<br />19 88 ,by and between WILLIAM B. VANIS AND VICKI J. VANIS, HUSBAND AND WIFE
<br />
<br />, A,D,
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<br />of the County of HALL ' and State of Nebraska, party of the first part. hereinafter caHed
<br />the Mortgagor, and OCCIDENTAL NEBRASKlI 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 />SIXTY ONE THOUSAND SEVEN HUNDRED FIVE AND 00/100 ----------- Dollars ($ 61,705.00 l, paid by the
<br />Mortgagee, the receipt of which is hereby acknowledged. has Granted and Sold and by these preseilts 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 TWENTY-TWO (22), IN HIDDEN LAKES SUBDIVISION NUMBER TWO (2), BEING A PART OF THE
<br />SE1/4 OF THE NORTHEAST QUARTER AND A PART OF THE NORTH HALF OF THE NORTHEAST QUARTER
<br />OF THE SOUTHEAST QUARTER (N1/2NEl/4SEl/4) OF SECTION THIRTEEN (13), TOWNSHIP ELEVEN
<br />(11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., 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 warrant 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,
<br />
<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 Mortgagee, or order, the principal som of
<br />SIXTY ONE THOUSAND SEVEN HUNDRED FIVE AND 00/100 -----------------Dollars ($ 61,705.00 l,
<br />
<br />with interest from date at the rate of TEN per centum( 10.000 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 BANK in 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 inslallments of FIVE HUNDRED FORTY ONE AND 51/100
<br />APRIL 88 Dollars ($ 541 5~ l, commencing on the nrst day of
<br />. 19 , ,and on the firsf day' o reach month thereafter until the principal and
<br />interest ate fully ~t:tfcePt that the final payment of principal and interest, if not sooner paid, shall be due and payable on
<br />the first 'day of . R 2~18 ; all according to the terms of a certain promissory
<br />note of even date herewith executed by the said f'.fortgagQr.
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<br />The MQftgagor in Qrder more fully to protect toe sectirity Qf this f'.fortgage, agrecs:
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<br />1. That he will pay the Indebtedness, as hereinbefore provided, PRIVILEGE IS RESERVED TO PAY 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 01
<br />the note secured hereby, the Mortgagor will pay 10 the Mortgagee, on the first day of each month until lhe said note is fully
<br />paid, the following sums:
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