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<br />78875 -1 -20
<br />1W$ tome is mad in connection vvM
<br />87-- 106767 fon m`� �°'«N
<br />Natonal
<br />Hou" Act
<br />MORTGAGE
<br />THIS MORTGAGE, mach and errowNd #4 20th ray, of November A.D. 1987 by and
<br />- -- -- Jerom E. Janulewicz and Rebecca A. Janulewicz husband and wife
<br />tlta County Hall jointly and each in their o" right,
<br />of and the State of Nebraska, party of the fiat part, herektafter
<br />CaIad the Mortgagor, and FIRST FEnFRAL SAVINQ AND LOAN ASSOCTATTON OF LTNCOT.N
<br />a corporation n ardxad and ads" under the laws of The United States of America party of the
<br />seeone part herring cried the Mortgagee,
<br />Wt1TiES CM: That the said Mortgagor, for and in consideration of the sum of Fifty Four Thousand Two Hundred and
<br />no /100 poders (s 54200.00 t,
<br />paid by the Mortgagae, the receipt of which Is hereby acknowledged, has Cranted and Sold and by these presents does Grant, Bargain, Sell,
<br />Convey and Confirm unto the Mortgagee, its successes and assigns, forever, the following-described real estate, situated in the County of
<br />Hall and the State of Nebraska, to wit
<br />Lot Three (3), in Fractional Block Two (2),
<br />in Ashton Place, an Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />of the SO Principal Meridian, containing it d city property acres according to Government survey:
<br />TO HAVE AND TO HOLD the promises above described, with all the appurtenances thereunto belonging and including all heating, plumbing
<br />and Ighatg lichees 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, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor has good right to sec y
<br />and convey saki prertrses; that they we free from encumbrance; and that the Mortgagor will warrant and defend the same againut the lawful w,.. �E
<br />claim of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of homestead, and all martial
<br />rig rights, either in law or in
<br />equity, and all other contingent interests of the Mortgagor in and to the above•descnbed premises, the intention being to convey hereby an ab-
<br />solute tide, in tee simple. including 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 Fifty Four Thousand Two Hundred and
<br />fro /100 Dodars(S 54200.00 ),
<br />with interest from dine at the rate of Ton and Three fnurths per cettum( 10.750 %) per annum on the unpaid
<br />balance until paid. The said principal and interest shell be payable at the office of First Federal
<br />Savings and Loan Association of Lincoln in Lincoln, Nebraska or at such other place
<br />as the molder of ft note my daagrtata in writing, in monthly instes ants of Five Hundred Five and 45/100
<br />Dogs($ 505.95 ), commencing on the fist day of January ,
<br />1988 , and on the first dry of each month thereafter unto the principal and interest are fully paid, except that the final payment of principaf
<br />and interest. d not sooner paid, stud be due and payable on the first day of Deoeab—r- on 17 ; all according to
<br />the temts of a cwWm pronnlaerxy note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor it order more fully to protect the searflty of this Mortgage, agrees
<br />1. That he will pay the indebted nesa, as hereftefore provided. Privilege is reserved to pay the debt, in whole or in part, on any
<br />installment due date.
<br />2. Thin. togWw with. and It addition to, the monthly payments of principal and interest payable under the terms of the note secured
<br />hereby. the Mortgagor will pay to the Mortgagee, on the Pest day of each month until the said note is fully paid, the following sums:
<br />STATE OF NEBRASKA
<br />P
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