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LOAM 1 0018234 /0
<br />100472
<br />MORTGAGE This form is used in connection
<br />with mortgages insured under the
<br />one- to lour- family provisions of
<br />the National Housing Act.
<br />321 - 1146763-703 «l
<br />TBIS MORTGAGE, made and executed this 14TH day of JANUARY A.D.
<br />19 .hy and between MITCHELL R. THURSTON AND DONELLE J. SERA , AS JOINT TENANTS AND NOT
<br />AS TENANTS IN COMMON
<br />of the County of HALL and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor. and ASSOCIATES NATIONAL MORTGAGE CORPORATION
<br />a corporation organized and existing tinder the laws of THE STATE OF DELAWARE
<br />party of the second part, hereinafter called the Mortgagee.
<br />WITNESSETH: That the said Mortgagor. for and in consideration of the sum of THIRTY TWO T OU D E HT
<br />HUNDRED FORTY ONE AND N01100 Dollars (S 3 841.'00 par�y theorI-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by t r6se prsents does Grant, Bar -
<br />gain, Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described
<br />real estate, situated in the County of HALL and State
<br />of Nebraska, to wit:
<br />LOT EIGHTEEN (18), AND THE WESTERLY FIFTEEN FEET (15.0')
<br />OF LOT SEVENTEEN (17), BLOCK ONE (1), IN BLAIN ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />SEE ATTACHED MORTGAGE RIDERS MADE A PART HEREOF
<br />of the Sixth Principal Meridian. containing in all
<br />ment survey:
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate
<br />unto the Mortgagee. and to its successors and assigns, forever. The Mortgagor represents to, and covenants with. the Mortga-
<br />gee, that the Mortgagor has good right to sell and convey said premises: that they are free from encumbrance: and that the
<br />Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever: and the said Mortgagor here-
<br />by relinquishes all rights of homestead, and all martial rights, either in law or in equity, and all other contingent interests of the
<br />Mortgagor in and to the above- descrihed premises, the intention being to convey hereby an absolute title. in fee simple. includ-
<br />ing 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 />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of THIRTY TWO THOUSAND EIGHT HUNDRED
<br />FORTY ONE AND NO /100 Dollars 0.1 32,841.00 ).
<br />%vith interest from date at the rate of NINE per centwm ( 9.00
<br />per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of
<br />ASSOCIATES NATIONAL MORTGAGE CORPORATION
<br />in IRVING , TEXAS 75062 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of TWO HUNDRED SEVENTY FIVE AND 60/100
<br />Dollars IS 275.60 ), commencing on the first day of
<br />MARCH . 19 87, and on the first day of each month thereafter until the principal and in-
<br />terest are fu 11% paid. except that the final pavineni of principal and interest. if not sooner paid, shall he due and
<br />p,,,. able on the first day of FEBRUARY , 2012 : all according to the terms of a certain promis-
<br />.on note of even date here" ith c secured hx the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />I. That he will pay the indebtedness, as hereinhefore provided. Privilege is reserved to pay the debt in whole, of in an
<br />cmtuunt equal to one or more monthly payments on the principal that are next due on the note, on the first day of any month
<br />prior to maturity: Provided, however. That written notice of an intention to exercise such privilege is given at least thirty (30)
<br />days prior to prepayment.
<br />'. That, together with. and in addition w. the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay io the Mortgagee, on the first day of each month until the saitt r.Sie is fully paid. the
<br />following wms:
<br />L (al Amount sufficient to provide the holder hereof with funds to pay [tic nest mortgage insurance premium If this
<br />Instrument and the note w ijted herrhy dre Insured. of :I monthly charge I'M iirlr "I a nrnrNa9c urstrranrr [trc-
<br />nrltnn/ It they Me IICId by the SCerrtary of Housing and Urban D"clopment, as follows
<br />i
<br />Ill It and 5u hilt. is sal'i note of even date and [Ills Instillment are Insured ur ate teutsured under the pro.
<br />yrsams of !h: \ :rtu:m:il Ilmicwp Act. an amount sul li.lrnt tt, ac:ununale m the hands of the holder of
<br />SIATF OF NEBRASKA
<br />a
<br />Ft NUlat;ec rNA.21 A3h ^.. W?, " >1a -r ne ttu,! 1�,,,t I tprti , " 1 . h9 19 711
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