|
I
<br />MORTGAGE to rt 1. s Ins in under the
<br />sWtll nrortpsgss Insured under the
<br />one• to lour•lamily provisions of
<br />the National Housing Act.
<br />— 102686
<br />THIS MORTGAGE, made and executed this Any of
<br />A.D.
<br />19 ,'by and between it I F
<br />Of the County of and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and
<br />a corporation organized and existing under the laws of
<br />party of the second part. hereinafter called the Mortgagee,
<br />WITN gSETH: That the said Mort o!, for and in consideration of the sum of
<br />�! iTl' : Vo 'flpL'catiD iNk.E rcni} "ti G u %+o _. Dollars ($ 6�3`" t'� ). paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant. Bar -
<br />Pain. Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described
<br />real estate, situated in the County of and State
<br />of Nebraska, to wit:
<br />The mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his designee,
<br />declare all sums secured by this mortgage to be immediately due and payable if all or a part of the
<br />property is sold or otherwise tre.isferred (other then by devise descent or operation of law) by the
<br />mortgagor pursuant to a contract of sale executed not later than 24 months after the date of execution
<br />of this mortgage or not later than 2a months after the date of a prior transfer of the property subject
<br />to this aaWr�t a . to urch set .per a red t h s not been ov d in a ordan�e th the require s 6f tike
<br />5 9!�^1Ps1oneY'e ii�er fo t�e mot gage e2�acched �rereio and execuRf otP even carte herewii�r as incor�oraeiealtherein
<br />st( and the covenants and agreements of the rider shall amend and supplement the covenants and
<br />�= } agreements of this mortgage.
<br />A..
<br />of the Sixth Principal Meridian. containing in all acres according to Govern-
<br />ment survey:
<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 Morlp.
<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 - described 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
<br />Dollars ($
<br />with interest from date at the rate of per centum ( %) per annum on
<br />the unpaid; balance until paid. The said principal and interest shall be payable at the office of
<br />in ^. i; , or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of
<br />Dollars (1 ), commencing on the first day of
<br />19 :,and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except 'that the final payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of I . - ; all according to the terms of a certain promis-
<br />sory note of even date herewith executed by the said Mortgagor.
<br />J The Mortgagor in order mote fully to protect the security of this Mortgage, agrees:
<br />1. That he will pay the indebtedness, as hereinbefore provided. Allifivilapslistretwedcas sorateartx
<br />xnaerauorrequelrte�aosaers�eraxwsetiit+ q�7cnrenttrorr�sisprinoipaktMaorseerrsxtdoerars�eM> avaerrortrtks ><irtektfayxafcaeytrtrewth
<br />tttetltilttldixJiriawieJx, frprvareesaa' Tdrasrwsimmmorioees $avdrrterrtisr * mgxv oisasethVeixilegais given ati=MAhbt +d0xx
<br />G/ a tfatKScptieelts,prxpelrstre6l Privilege is reserved to pay the debt, in whole or in part, on any installment
<br />2 due date.
<br />That, together with, and in addition to, the monthly payments of principal and interest payable under the terms of the 9
<br />note secured hereby, the Mongagot will pay to the Mongagee, on the first day of each month until the saill note is fully paid, the
<br />foltrlw•.le i1.T�'
<br />(a) Amount sufficient to provide the holder hereof with funds to pay the next mortgage insurance premium if this n
<br />instrument and the note secured hereby are insured, or a monthly charge (in lieu of a mortgage inju ance pre-
<br />mium) if they are held by the Secretary of Housing and Urban Development, as follows
<br />(1) If and so long as said note of even date and this instrument are insured or are reinsured under the pro-
<br />visions of the National housing Act, n amount sufficient it, accumulate to the hands of the holder one
<br />STATE OF NEBRASKA
<br />GwA 714W W1, r, Mn, n1 Lhet1 UM,r $uVVl $TD 4:143M 19-791 f
<br />Y H E.n®ue1M 174 Cr rr 203 1 71x1 tl a'' J
<br />
|