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F
<br />86_ ANNAGE ENslio'W sine in epnnaction
<br />with as inwrotl un[rar tM
<br />•familr Provisions or
<br />Housing Act.
<br />THIS MORTGAGE, made and executed this 31st day of January
<br />A -D.
<br />19 86.by and between Gerry L. Johnson and Anna R. Johnson, Husband and Wife
<br />of the County of Dawson , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and Superior Mortgage, Inc.
<br />a corporation organized and existing under the laws of the State 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 Forty hree Thousand po d the Mort -
<br />and No /1QOths- - - -r —
<br />gagee, the recupt of which is hereby acknowledged has Granted and Sold and by these presents does Grant, Bar-
<br />pin. Sell. Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following and State
<br />real estate, situated in the County of Hall
<br />of Nebraska, to wit:
<br />Lot Five (5), in Block One (1), in Capital Heights Subdivision being a part
<br />of the Southeast Quarter of the Southwest Quarter (SE;SW;) of Section
<br />Two (2), in Township Eleven (11) North, Range Ten (10), West of the 6th
<br />p.M., Hall County, Nebraska.
<br />acres according to Govern•
<br />of the Sixth Principal Meridian. containing in all
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises ab ve. described, with all the appurtenances thereunto belonging and including
<br />to used in connection with said real estate
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attached or
<br />its and assigns, forever. The Mortgagor represents to, and covenants with, the Mortga-
<br />a.
<br />unto the Mortgagee, and to successors
<br />gee• that the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance; and that the
<br />and the said Mortgagor here-
<br />Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever;
<br />martial rights, either in law or in equity, and all other contingent interests of the
<br />by relinquishes all rights of homestead. and all
<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 Forty Three Thousand 1
<br />Dollars 1S 43,000-00
<br />�_____�__�_�_
<br />and No /100ths--- - - ---- 8.5 `�) per annum
<br />Eight and one —half per cenium { p
<br />with interest from date at the rate of
<br />on the unpaid balance until paid.
<br />Tee Adjustable Rate Rider.
<br />The said principal and interest shall he payable at the office of Superior Mortgage, Inc.
<br />in Grand Island, NE 68802 or at such other place as the holder of
<br />63 /100th- - - - - --
<br />the note may designate in writing, in monthly i $tallments of Three Hundred Thirty and
<br />Dollars(S33t).b3 ) See Adjustable Rate Rider. , commencing on the first dayof
<br />--------------
<br />1986 , and on the first day of each month thereafter until the principal and in-
<br />March ,
<br />terest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and
<br />2016 . all according to the terms of a certain promis-
<br />payable on the first day of February
<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 />1. That he will pay the indebtedness, as hereinbefore provided. tl t[ iFi11�117o :YlmfJgltlg>Ui1W%KKxKY%
<br />i *XXX
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<br />4gpt t#MppaclglpN Privil e s reserved to pay the debt, in whole or in part, on any
<br />all
<br />1 . "Mal,, together wtith. and in a ton to, the moot payments of principal and interest payable under the terms of the
<br />first day of each month until the said note is fully paid, the
<br />note secured hereby, the Mortgagor wi!I pay to the Mortgagee, on the
<br />Lfollowing sums:
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<br />STATE OF NEBRASKA
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