|
Thy MORT , midis &mfrs *& 25th d y N September
<br />leaM a pavid G. Phelps and Debora A. Phelps, husband
<br />A.D. 1987 _ , by and
<br />v an doe in their
<br />of the cotrthr of Hall and the State of Nebraska, party of its *at part, hereinafter
<br />sailed VW MoAgpor, and
<br />a awpondlon eWfted and akMmp under the haws The United S tpltgg ef Americ# Party of the
<br />amend part hereinafter celled the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and In consideration of the sum of Forty -Seven Thousand One Hundred and
<br />00/100 Dollars (a47100.D0
<br />paid by Ida 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 rest estate, situated in the County of
<br />Hall , and the Stale of Nebraska, to wh:
<br />Lot Five (5), Block One (1), LeHeights Second Subdivision, Hall. County, Nebraska, being
<br />part of the Northwest Quarter of the Northwest Quarter (NW1 /4 NW1 /4) of Section Eleven
<br />(11), Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County,
<br />Nebraska.
<br />of the Sixth Principal Meridian, containing In all __c i_ty__pr»perty _ _ noes according to (lovenmront enn �y
<br />TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belonging and Including all healing. plumbing
<br />and Illithling 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. der. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor has good right to Sall
<br />and corrvey said premises: that they are free from encumbrance: and that the Mortgagor will warrant and defend the some against the lawhd
<br />claims of all persons whomsoever: and the said Mortgagor hereby relinquishes aid rights of homestead, and all martial rights. either In low or in
<br />equity. and Be COW contingent Interests of the Mortgagor In and to the above - described premises, the Intention being to convey hereby an ab
<br />sokdt We. in In simple. Including all rights of homestead, and other rights and Interests as aforesaid.
<br />PROVIOEO ALWAYS, and than" presents are executed and delivered upon the following conditions, to wit
<br />The Mortgagor areas to pay to the Mortgagee, or order, the ptInripal sum of Forty -Seven Thousand One Hundred and
<br />00/100 — Dokra(S 47100.00 i.
<br />with Intend from dent N ire rate of _ Ten per centum( 10.000 %) per annum on the unpaid
<br />balance will patd. The said principal and Interest shall be payable at the office of First Federal
<br />dT+n ! on gf Lincoln In Lincoln. Nebraska or at such other place
<br />as Sw holder of ow note may desoft N writing, in monthly Instehnags of Four Hundred Thirteen and 341100 -_
<br />413.34 ), commencing on the first day of— November �p
<br />std on rte sm dry of each mor►#m there ear " the principal and Interest we fully paid, except that the Anal payment of principat
<br />and N mot sooner paid. OW be due and payable on the test day of_ October X017 all according tc
<br />On Mass at ! cansin promismy am of am date herewith executed by the sold Mortgagor.
<br />Tft Morlpew in order more tally to prolect tin security of this Mortgage, erase:
<br />1. Taal he will pay the Indebtedness, to hwelobefore provided. PrWkge Is reserved to pay the debt, In whole or In pat, on any
<br />waftiRwit ice do",
<br />t. Thai, together wilt, and in addition to, the monthly payments of pdric0al and Interest payable under the terms of the note secured
<br />hereby, Ma, Mortgagor will pay to the Mori ,err the first day of each month until the sold note is tufty paid, the following sums'
<br />STATE Of NEBRASKA
<br />NUO - g)1,tM 10 M
<br />. ._.
<br />
|