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72166 -1 -20
<br />caf:++ecltan.+nrh
<br />moftgelje9 tnsufed under the afte-t0
<br />tcu• tsmtly pfovislons Gt the No"-
<br />MaaStreg Act.
<br />MORTGAGE 87- 100410
<br />TM MORTOAM. meda'and aeaNed Oft 22th d,y of January A.D. 1987 , by and
<br />between Ter. -y W Engluad -aA Canis T_ Englund, bu>iband sad sdfC,
<br />• jointly y and each in their own right.
<br />of the County of Hall , and the State of Nebraska, party of the first part, hereinafter
<br />called the Mortgagor. and FIRST- FEDERAL SAVINGS AND LOAN ASSOCIATTON OF T.TN .OT N
<br />a corporation organized and existing under the laws of The United States of America parry of the
<br />second part, hereinafter called the Mortgagee,
<br />WITNESSEfH, That the said Mortgagor, for and M consideration of the sum of Forty Nine Thousand Two Hundred and
<br />no /100 Dollars ($.__._49200.00 t.
<br />)aid by the Mortgagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant. Bargain, Sell.
<br />3onvey and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described real estate, situated in the County of
<br />Hall and the State of Nebraska, to wit:
<br />Lot Five (5), in Block Three (3), in LeHeights Second Subdivision, being a part of the
<br />Northwest Quarter of the Northwest Quarter (NW %fNW'z) of Section Eleven (11), Township
<br />Eleven (11) North, Range Ten (10), West of the 5th P.M., in Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all city property ncies according to Govrinmrni 5ur,•
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including all heating. plumbing
<br />and fighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mortgagee. and to its
<br />successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor has good right to ii
<br />and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and defend the same against the lavr5,t
<br />claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of homestead, and all martial rights, either in law or in
<br />equity, and all other contingent Interests of the Mortgagor in and to the above - described premises, the intention being to convey hereby an ab-
<br />solute title, In fee simple, including all rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />Jhe Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Forty Nine Thousand Two Hundred and
<br />0 /100 Dollars($ 49200.00 ?
<br />with interest from dale at the rate of Right and onp half per centum( 8.500 %) per annum on the unpaid
<br />balance until paid. The said principal and interest shall 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 Three Hundred Seventy Eight and 35/100
<br />Dollars($ 378.35 ), commencing on the first day of March
<br />, and 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, shall be due and payable on the first day of February 2017 ; all according to
<br />the tern 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 />t. 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 />�- 2. That, together with, and In addition to. the monthly payments of principal and Interest payable under the terms of the note secured
<br />hereby, the Mortgagor will pay to the Mortgagee, on the first day of each month until the said note Is fully paid, the following sums:
<br />STATE Of NEBRASKA
<br />FpQe ! GI 3
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