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MORTGAGE This farm is used re Unrtar The
<br />with mortgages insured umia Ma
<br />on®- to four- farnily provisions of
<br />the National Ho
<br />tsing Act.
<br />r87— 106743 091 6607
<br />THIS MORTGAGE, made and executed this 13th day of November A.D.
<br />19 87,byandbetween Kevin A. Long and Betty J. Long husband and wife
<br />of the County of Hall , and State of Nebraska. party of the first part, hereinafter called
<br />the Mortgagor. and
<br />CFS Mortgage Corporation
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part. hereinafter called the Mortgagee.
<br />WITNESSETH: That the said Mortgagor. for and inconsideration of the sum of TWENTY NINE THOUSAND
<br />NINE HUNDRED FIFTY and 00/100 Dollars (s 29.950.00 ), 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 />gain. 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: 211 Suez St Cairo NE 68824
<br />Lots Thirteen (13) and Fourteen (14), Block Five (5) in the
<br />Original Town of Cairo, Hall County Nebraska.
<br />R aOXXXODWINSARMAOM
<br />MORINUM
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including
<br />all heating, plumbing and fighting 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 />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 Mon s to pay to the Mortgagee, or order, the principal sum of TWENTY NINE THOUSAND
<br />NINE HUNDRED FIFTY and 00/100 Dollars($ 29 950.00 ),
<br />with interest from date at the rate of ELEVEN and 00/100 per centum ( 11 000 Ar) per annum on
<br />the unpaid balance until paid. The said rind al and interest shall be payable at the office of
<br />CPS Mortgage Cor�Ora� ion
<br />in Omaha Nebraska or at �ttl otinslace as the holder of
<br />the note may designate in writing, in monthly installments of THREE HUNDRED NINE an
<br />Dollars IS 309.14 ), commencing on the first day of
<br />January .19 88, 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 December, 2007, ; all according to the terms of a certain promis-
<br />sory 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 />r�T
<br />as
<br />Privilege is reserved to pay the debt, in wnoie or in part. on
<br />any installment due date.
<br />L 2. Thar, together with, and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />tote 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 />following sums:
<br />(a) Amount sufficient to provide the holder hereof with funds to pay the next mortgage insurance premium if this
<br />instrument and the note secured hereby are insured, or a monthly charge tin lieu of a mortgage inarrance pre -
<br />mium) it 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 stational Housing Act, an amount sufficient to accumulate in the hands of the holder one
<br />STATE OF NEBRASKA
<br />HUD 92143%1 19791
<br />RepNwss ft1A 2143M. h Used Until Supply ra Eatwa feat t.a c:FN X03 t 7fa!
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