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mwegmaes'n. wed .Meier tic on Tq <br />tear fain #, pmosbns of Me Nad�nel <br />Housing Act. <br />MORTGAGE 87- 100505 <br />THIS MORTGUIE, rM I and executed the 28th day A.D. 1987 by and <br />between neviA n marier, a itingl-g_n room a ?�X T FiT'in¢g> a ain>rle <br />_versog, Jointly and severally and each in their own right, _ <br />of the County of Hall , and the State of Nebraska, poly of the first pert, hereinafter <br />called the Mortgagor, and FIRST FEDERAI. SAVINrSA_N" LOAN ASS <br />a corporation organized and existing under the laws of The United States of America party of the <br />second pat, hereinafter called the Mortgagee, <br />M tVE That the said Mortgagor. for and fn consideration of the sum of Thirty One Thousand Eight Hundred Fifty <br />no /100 ootters ($ 31850.00 <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 Slate of Nebraska, to wit: <br />The Northerly Fifty Five (N55) Feet of Lot Nine (9), and the Northerly <br />Fifty Seven (N57) Feet of Lot Ten (10), Block Eleven (11), Schimmer's <br />Addition to the City of Grand Island, Hall County, Nebraska. <br />of the Sixth Principal Meridian, containing in all city pip Lert�__ ncres according to Govr+ fill +mnt =t �:'� <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 ^.ill <br />and convey said premises: that they are free from encumbrance: and that the Mortgagor will warrant and defend the same against the lawful <br />claims of all persons whomsoever, and the said Mortgagor hereby relinquishes all rights of homestead, and all martial tights, either in law or in <br />equity, and all other contingent interests of the Mortgagor in - d 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 />The Mortgagor agrees to pay to the Mortgagee. or order, the principal sum of <br />Thirty One Thousand Eight Hundred Fifty <br />and nn /100 Dollars($ 11 <br />31850.00% per annum on the unpaid <br />with interest from date at the rate of per centum( 9.500 1 P P <br />balance unti paid. The said principal en terest s a e pay. 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 i 86490 <br />Dollars($ 267.86 ), commencing on the first day of Hereh - <br />T qA7 , 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, it not sooner paid, shell be due and payable on the first day of e�klavT 1)037 : all according to <br />the terms of a certain promissory note of even date herewith executed by the said Mortgagor. <br />The Mortgagor in order more fuly to protect the security of this Mortgage, agrees: <br />1. That he wR 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 />L 2. That, together with. and It 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 />HOC . P2!4!?0 ;a.701 <br />page t of <br />-•, �arsst — -- - <br />I <br />