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IN*N of NobMeM Nbrtgage M G» a.
<br />—87-103147 321 - 1184551 -703
<br />This Mort>gage, mark and et*MW this 29 team day of May
<br />1 ,bar between RICHARD D. MORCAN and INETTY J. MORGAN,
<br />FE
<br />of the County of HALL . aW Stare of Nebraska, party of the first port, hereinafter called
<br />the Mortgagor, and SUPERIOR NORTGMW', INC. P.J. BOX "S"
<br />CUM I SLAND, WE 61111102
<br />a corporation orpniaed and under the laws of THE STATE OF NEBRASKA
<br />patty of the second port, bassinafter called the Mortgagee.
<br />Wileeeeelht 71M the said Mortmor, for and is consideration of the sum of Fifty Four Thousand, One
<br />Hundred and No/100ths ------------------------------------------------ Doltua (S 54,100.00 ), paid by the Mort -
<br />lo8ea, the reeelpx of which is hereby acknowledged. has Granted and Sold and by these presents does Grant, Bargain, Sall, Convey
<br />and Confirm unto the Mortgagee, its successors and assigns, forever, the followins- described real estate, situated in the County of
<br />HALL , and State of Nebraska, to wit:
<br />LOT FIVE (5) BLOCK ONE (1), IN CONTINENTAL GARDENS, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />MM". .
<br />of the Sixth Principw Maim. containing in all acres according to Government survey:
<br />To pone and To M" the promises above described. with all the appurtenances thereunto belonging and including all heating.
<br />plumbing and Williting fixtures and equipment now or hereafter attached to or Wed in conneason with said real estate unto the Mort -
<br />pyles. and to its suaosors and ash. forever. The Mortpdor represents to, ad covenaaq with. the Mortgages, that the Mort -
<br />pow has pod right to all and convey said pranLes: that they are free from encumbrance; and that the Mortgagor wig warrant and
<br />defied the same septet the lawful claims of all parsons whomsoever; and the said Mortgagor hereby rdbulubbes all Two of
<br />hamesgad, and all marital rWW, either In law or in equity, and all other contingent interests of the Mortgagor in and to the above -
<br />douxibed promises, the ' btu to convey Mcdry an absolute tick, in fee simple, inc)uding all rights of homestead, and other
<br />riglw and la/ents. as aforesaid.
<br />hw#W W Aiwega, and those proems are executed and delivered upon the following conditions, to wit:
<br />Mw Mortgupr roses to pay the Mortgagee. or order, the principal sum of Fifty Four Thousand, One Hundred and
<br />ib/ 1OOdhs----------------------------------------------------------- Dotlars(S 54,100.00 ),
<br />with laserm from dew at the rate of Nine and one half per centum ( 9.50 %) per annum on the
<br />unpaid baimee until paid. The said principal and interest shall be payable at the office of SUPERIOR MMTGAGE, INC.
<br />F.O. BOX "S"
<br />in GRAND ISLAND, NE 68002 or at such other place as the holder of the tote
<br />may dmiVW is Writing. in MOMbly its of Four Hundred Seventy-Two and 67/100ths -------------------------
<br />Dollars (f 472.67 ), matte on the first day of August
<br />19 67 , and on the fast day of each month thereafter until the Principal and interest are fully paid, except that the final payment of
<br />principal and interest, if not sooner paid, mall be due and payable on the firs day of July
<br />2012 ; an seoordlag to the tams of a certain Proms note of even due herewith executed by the said Mortgagor.
<br />This Ism is used In cortns¢tion with mortgages Insured under the ones. to tour•hrnlly Woormns or the National Housing Act which pro.
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