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<br />220600692
<br />
<br />MORTGAGE
<br />
<br />Thi3 rarm is used In connection
<br />with mOrlgage5 insured under the
<br />on.. 10 four-family provisions or I
<br />the National Housing Act.
<br />
<br />88- 102871
<br />
<br />THIS MORTGAGE, made and execuled thl~ 14TBay of APRIL
<br />19 as, by and between MAYLON J. HANSON AND DESSA L. HANSON, HUSBAND 1\NO WIFE
<br />
<br />,A.D.
<br />
<br />of Ihe County of
<br />Ihe MonllllP, and
<br />
<br />HALL ' and Stale of Nebraska, party of the rim pllfl, hereinafter wlfd
<br />
<br />OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK
<br />NEBRASKA
<br />
<br />a corporalion organized and existinglmder the 1..wI of
<br />l!Mty of Ihe second pan, hereinafter ciilled the Mortgagee,
<br />
<br />WITNESSETH: lbat Ihe said Mongagor, for and in consideration of the sum of
<br />FORTY THOUSAND NINE HUNDRED SIXTY AND 00/100-------------- Dollars ($ 40,960.00), paid by the
<br />Monpgce, ti.e receipt of ,which is hereby acknowledged, has Granted and Sold and by these presents docs Grant, Bargaio,
<br />s.:U, Convey and Conftnnunlo the Mongagee, its successors and assigns, forever, the folIowing-descri~ real estate, situated
<br />In the Co!JIIly of HALL ' , and SUlle
<br />of Nebraska, to wit:
<br />LOT TWO (2), OF PARK GARDENS SECOND SUBDIVISION IN THE CITY OF Gr~ ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />
<br />,.~ ,<,-""~
<br />
<br />of the Sixth Principal Meridian, containinll in aU
<br />Govemmenl survey:
<br />
<br />acres according 10
<br />
<br />TO HAVE AND TO HOLD the p~ above described, with all the appurteJW\ccs thereunto bc\onJin& nail
<br />including all heating, plumbinl and Ii&blinJ rlXlurcs and equipmcnl now or btreafter attadled 10 or used in cOMeclion with
<br />said real C$lale unto the Mortpace. and to its successors and assi&m, forever. The Mongaaor represents to, and covenanls
<br />\\ith, the Mol1plCe. that lbe MortPlor has lcod rilhl to sell and convey said premilies; that Ibey are free. from
<br />encumbrance: and that the Monpgor will warranl and defend the same apinst the lawful claims of all persons whomsoever;
<br />and the said Monpaor~y relinquishes all riJhls of homestead. and all martial rights,.either in.law or in equity; and all
<br />other contingenl interests. of !he MortNor in and to the ahove-described premi5es, the intenlion being 10 coovey hereby an
<br />absolutc..titJe. in fee. simp1e..iDclucliDg all righlS of homestead. and other righls and intcrcsls as afcmsaid~
<br />
<br />PltOVIDEo ALWAYS, a.nd,1bcse prcsc:nls ~ aec:uted and delivered upon the following conditions. to "it:
<br />
<br />The ~Nin to Wnto the M~. or order, the principal sum of
<br />FORTY THOU c.HUND SIXTY 00/100 ~11ars ($ 40,960.00 1,
<br />
<br />with inlm:.l from date at the me of NINE AND ONE-HALF per ccnt\lDl( 9.500 ~)pc:r annum on
<br />the unpaid balance until paid. The said principal and inU'l'eSl shall be payable al the offICe of OCCIDENTAL NEBR FEDERAL
<br />SAVINGS BA!iIt 11704 W CENTER RD OMAHA NE 6a144 . or al sI,Jch other place as the holder of
<br />the note may desipte in writinl. in monthly ~ of FOUR HUNDRED TWENTY SEVEN AND 711100
<br />JUNE ,0' . aa Do1lars (S 427 71 ), commencinJ on the firSI day of
<br />.' , ]9 ;~'and on the ftrst d&yoF each month thereafter until Ihe principal and
<br />interest are ,fully P8i4J4Ayncepl that the IliWJlajmenl 0~pa1 andin~, if DOl sooner paid, shaUbe due and payable on
<br />the ilTSt4ayof .. '..,' , .... . .~ ?-O 3;allaccordinlllothetcmu.ofacertainpromissory
<br />note of C'\'Cft date taefcwiIh. CXCQItCd ~ the said MDI:tpIOf; .
<br />
<br />- . - - , - . '- .
<br />,- "-. - - -
<br />-. -', ',;
<br />The MOftJ&Ior in ordcr.morcfll~ lO~..the -um,y of this Mortgage, agrees:
<br />} ...... ..:c;;l ......
<br />1.,TltaI he will!l&y the~dneU, .licreinbefore provided. PRIVILEGE IS RESERVED TO PAY THE DEBT,
<br />IN WHOLE OR IN PART. ON ANY lNSTAl.LMENT DUE DATE.
<br />
<br />2, 1baI, :OJClher wilh, and inaddilion to. Ibe monthly pal~n~l. of prinapal and inleresl payahlo under th. 'erms of
<br />tb. nOle liC1:llred hereby, lb. Mongagnr will pay I" the Monga~C1:. on Ih. flfst day of each month un,i1,h. ",id not. " rully
<br />l"'ld. the (ollo"-Ina sum~:
<br />
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