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<br />MORTGAGE 87-- ` 100417
<br />TENS M0fZrQ4W. anode and executed this 23rd day of January Ap 1987
<br />betweern
<br />by and
<br />N.
<br />of the county at Hall loan 1 y Vd each n their oim right
<br />and the State of Nebraska. party of the AM pert, hereiraffer
<br />called the Mortgagor, and °FIRST FFn -RAG: SAV * ^e ANTI LOAN ASSOCTATTON (1F i INCOi N
<br />a corporaYon organized and ads" mW r the laws of The United States of America party of the
<br />second pat, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, far and In consideration of the sum of Thirty Four Thousand Two Hundred and
<br />no /100
<br />oofias (S - i,
<br />Paid by the Mortgagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant. Bargain. Sell,
<br />Convey and Confirm 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 />The Easterly Two and Eight Tenths (E2.8) feet of Lot Eight (8), and the Westerly Fifty
<br />(W50) feet of Lot Nine (9), Block Twenty Three (23) in Russel Wheelers Addition to the
<br />city of Grand Island, Hall County, Nebraska,
<br />of the Sixth Principal Meridian, containing in a" propert; _ acres according to Gavcrnmrvnt sni,r}
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including all heating. plumbing
<br />and fighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mortgagee. and to its
<br />successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor has qood right to ^eti
<br />and convey said premises; that they are free from encumbrance; and that the Mortgagor wig warrant and defend the same against the law6d
<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 />PROVED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Thirty Four Thousand Two Hundred and
<br />no /100 DoNars(S 34?00,00
<br />f.
<br />with in treat from date at the rote of Nine and one half per centum( 9.500 %) per annum on the unpaid
<br />balance urd Paid. The said principal and Interest shag be payable at the office of First Federal
<br />Savings and Loan Association of Lincoln in Lincoln, Nebraska , or at such other place
<br />as the holder of the note may designate in writing, in monthly Installments of Two Hundred Eighty Seven and 6 ?/100
<br />DoNars(S ?87.6' ). commencing on the first day of March
<br />1987 . and on the fast day of each month thereafter until the principal and Interest are fully paid, except that the final payment of principal
<br />and interest it not sooner paid. shall be due and payable on the first day of February ?017 all according to
<br />the tarter of a certain promissory note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor In order more fully to protect the security of this Mortgage, agrees:
<br />1. That he wig pay the Indebtedness, as hereinbefore provided. Privilege Is reserved to pay the debt, in whole or in part, on any
<br />installment cue date.
<br />2. That, together with, and M addition to, the monthly payments of principal and Interest payable under the terms of the note secured
<br />hereby. the Mortgagor wt pay to the Mortgagee• on the first day of each month until the said note is fully paid, the following sums:
<br />Page 3 y 3
<br />STATE OF NEBRASKA
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