|
: -? 73759-1-20
<br />TN. t — zs.
<br />the Nfeen P C—:-fiJ
<br />1 mW9P9 a RC je' !P Oin A 7- 100570 M
<br />Hmistnq Act.
<br />MORTGAGE
<br />THIS MOR ant*, made and owcuted this 30th d y of January A.D. 1987
<br />between by and
<br />Mathew S. Frelsendort and Gindi L. r s nor , us n n e,
<br />of the County of Ha 11 and , part, hereinafter
<br />called the Mat9a9or, and FIRST F .D . Ai. SAV Nf'S AND 10AN ASSOCTATTON OF f Ttvf of 1'
<br />a corporation organized and existing under the laws of The United States of America party of the
<br />second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor. for and in consideration of the sum of.... Thirty Thousand One Hundred and no /100
<br />-offers ($ 30100.00 t.
<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, As successors and assigns, forever, the following- described real estate, situated in the County of
<br />Hall . and the State of Nebraska, to wit:
<br />Westerly Seventy Seven (W77) Feet of Lot Five (5), except the Westerly Eighteen (1418) Feet
<br />of thereof, in Block Six (6), Westerhoff's First Subdivision in.the City of Grand Island,
<br />Hall County, Nebraska, except the Southerly Thirty (S30) Feet- thereof, deeded to the City of
<br />Grand Island, for street purposes.
<br />of the Sixth Principal Meridian, containing in afl_ c ty property nc,es according to Govr,nmwrnt a
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including all heating. p!-rnt ng
<br />and fighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mortgag and to its
<br />successors and assigns. forever. The Mortgagor represents to. and covenants with, the Mortgagee, that the Mortgagor has good right to
<br />and convey said premises: that they are free from encumbrance: and that the Mortgagor will warrant and defend the same against ,he 1ar,6il
<br />claims of all persons whomsoever: and the said Mortgagor hereby relinquishes all rights of homestead, and aff martial rights, either in law or it
<br />equity, and all other contingent interests of the Mortgagor in and to the above - described premises, the intention being to convey hereby an at
<br />solute title, in tee simple, including ail 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 Thousand Ore Hundred and no /100
<br />Dollars($ 30100.00
<br />with interest from date at the rate of Nine per centum( 9.000 %) per annum on the unpaid
<br />balance until paid. The said principal and interest shelf 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 Forty Two and 31/100
<br />Dollars($ 242.31 ), 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 P aid, except that the final payment of prim -ipai
<br />and interest, it not sooner paid, shall be due and payable on the first day of February 2017 : all according to
<br />the terns 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 pare, on any
<br />L installment due date.
<br />2. That, together with, and in addition to. the monthly payments of principal and fnterest 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 fohowing sums:
<br />STATE OF NEBRASKA
<br />U
<br />
|