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<br />ro^ rocord to chow cotroot'. This lorm 1► us i in a rn tin
<br />MORTGAGE
<br />s
<br />td� e.ttit� with more, es insured urr the
<br />ono• to four-family provisions of
<br />the National !dousing Act,
<br />P.9—RECORDED 108920
<br />87 -14 ,2018 twoow
<br />THIS MORTGAGE, made and executed this 15th day of July A.D-
<br />19 86 ,by and between DIM A. RENTER AND BARBARA A. RENTER, HUSBAND AND WIFE, AND ARNOLD C,
<br />► HUSBAND AND WIFE AS Al IN ep N
<br />!top LINDA and�a a ofctiraska- jtatfy of the first part, hereinafter called
<br />M NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION
<br />a corporation organized and existing under the laws of THE UNITED STATES OF AMERICA
<br />parity of the second part, hereinafter called the Mortgagee,
<br />WTTNESSETH: That the said Mortgagor, for and inconsideration of the sum of FORTY SIX THOUSPA F VF
<br />B RED AND 0n— — -- -- ------------ Dollars (S 6 c�t� O ), pa1 by t art -
<br />the receipt of tch is hereby acknowledged, has Granted and Sold and liy� itte'. presents does Grant, Bar-
<br />pin. 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 FIVE (5), BLOCK TWENTY FIVE (25), PACKER & BARR'S SECOND ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />THE RIDER TO THIS MORTGAGE ATTACHED HERETO AND EXECUTED OF EVEN DATE HEREWITH
<br />IS INCORPORATED HEREIN AND THE COVENANTS AND AGREEMENTS OF THE RIDER SHALL
<br />AMEND AND SUPPLEMENT THE COVENANTS AND AGREEMENTS OF THIS MORTGAGE.
<br />of the Sixth Principal Meridian, containing in all city lot
<br />ment survey:
<br />acres according to Govern-
<br />Tel HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including
<br />all beating, 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 />try 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 - described premises, the intention being to convey hereby an absolute title, in fee simple. includ-
<br />ing all tights 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 FORTY SIX THOUSAND FIVE
<br />HUNDRED AND 00 /100------ - - - - -- ----- - - - - -- Dollars (5 46,500.00
<br />with interest from date at the rate of TEN per centutn ( 10,000 >) per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of NORWEST BANK
<br />NEBRASKA, NATIONAL ASSOCIATION
<br />rn GRAND, ISLAND NEBMSKA or at such other place is the holder of
<br />the note may designate tt� wrdtng, to monthly ms a ments of FOUR HUNDRED NINETY NINE AND 69/100
<br />------------ ---------------- Dollars ($499.69 ), commencing on the first day of
<br />S PTEMBR g� , 1$6 , and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid; excepF%at the final payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of AUGUST 2001 all according to the terms of a certain promis-
<br />y 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 will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />amount 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 />2. That, together with, and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee, on the first day of each month until the said note is fully paid, the
<br />f irk sums:
<br />(a) Amount sufficient ttr provide the holder hereof with funds to pay the next mortgage insurance prennunt if this
<br />inorurnent and the note secured hcreby are insured, or a monthly charge /iii lieu ol'a trrortga a insurrutce pre -
<br />mium) it they aft, held by the Secretary ill Horsing and Urban Development, as follows:
<br />(1) If and so long as said note of even date and this instfument ate insured ur are reinsured under the pro-
<br />viwmt of Ole Naiwoull Housing Act, an ainouni •,ut-ficient to accionulute in the hands of tllc hinder nar
<br />STATLOF NEBRASKA
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