|
1007`9
<br />MORTGAGE This ' °rim is °5, in connect inn
<br />l wi ;h mortgages insurr!d under the
<br />one- [o four - family provisions of
<br />The Rider to the Aiort9age attached hereto and executed of even date the National Housing Act. I
<br />herewith is incorporated herein and the omenants and agreements of
<br />the Rider shall amend and supplement the covenants and agreemnts of this
<br />140rtgage -" THIS MORTGAGE, made and executed this 13th da% of February A.D.
<br />19 86 by and between Ronald A. Hagemeister and ^•ryeryl Lynn Griess, single persons,
<br />of the County of Hall . and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor. and The Equitable Building and Loan Association, 113 -115 North Locust St..,
<br />Grand Island, Nebraska
<br />a corporation organized and existing under the laws of the State of Nebraska
<br />party of the second part. hereinafter called the bfortgagee,
<br />%VITNESSETH: That the said Mortgagor. for and in consideration of the Burn of Nineteen Thousand Six Hundred
<br />and m /100 --- r)ulLtrs tS 19 600.00 1. paid by the Mort-
<br />g gee. the ieeflpl of which i> he acknowledged. has Granted and Sold and h these presents does Cirtnt. (3ar-
<br />gain, Sell. Convc% and Confirm unto the Mortgreee- its successors and assigns. forever. the followeig- described
<br />real estate. situated in the County of Hall `rind State
<br />of Nebraska. to alt:
<br />Lot one Hundred Twenty Two (122), in Buenavista Subdivision,
<br />an addition to the City of Grand Island, Hall County, biebraska.
<br />of the Sixth Principal NEetidian. containing in all - - --- — acre, according ra 0, %ern -
<br />Met, t surveN
<br />'ro HAVE AND TO HOLD the premise. ,have described- %%ith all the appurtenances :hereunto hdonging ;1nd including
<br />;dl heating, plumbing and lighting figures and equipment not or here:dur attnrhed to it used in Connection with said real estate
<br />unto the Mortgagee. and to it succesutrs and ;v ;,igns. fore%er The \Iortga,or rcpresenl,, to. and covenant, with, the Mortga-
<br />gee. that the Mortgagor has good right to sell and come% said premises: th;o the% are free ITom encumbrance: and that the
<br />Ntartga ;tor will warrnt and defend the same against the lawful Claims of alf nelsons %vhom,oever. and the ,ioo Mortgagor nerr-
<br />h% relinquishes all rights of homestead, and all martial rights, either in li :w or in eutim . atuf ail other contingent interests of the
<br />Mortgagor in and to the ah c- descrihed premises. the intention heing to convCy heichp ;ill absolute title. in fee simple. inchui-
<br />inc all rights of homestead. and other rights and interest, as aforesaid.
<br />PROVIDED NIAVAYS- and Ihe,e present, rue e\CCtl[Ctt and delivered upon the follo%%ing conditions, to ,k it
<br />The %lorleagor agrees IF, pa} to the Mortgagee. of order, the principal ,ter of Nineteen Thousand Six Hundred
<br />„-n'd ------- °------------------- - - - - -- Dollars" 19,600.00 I.
<br />With interest lion date at the rate o1 Ten and One—Half pet I 10�- I per annum on
<br />the unpaid balance until paid - The said principal and interest shall he pavable at the office of The Frnii table Building
<br />and Loan ASS latl n . ur at wrh other t ae as the holder of
<br />to Grrantd Island, Nebraska f •.
<br />the note roil} designate in writing. in nwnihl} installmcros of One Hundred Seventy Nine and 29/100----- -
<br />-- ------- --- -- _ - ---- Dollars fS 179.29 1. commencing on the first dac of
<br />March .14 86, and on the first din- of each month (hereafter until the principal anti in-
<br />terest are fully paid. except that the final payment of principal and inteie,l. if not sooner paid. shall he due and
<br />payahle on the first day of February 2016.41 according to the terms of it certain prnmis-
<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, agree,.
<br />I. That he will pay the indebtedness, its hereinheiore provided. Privilege is reserved to pug the dcht in '.thole, or in ;m
<br />amount equal to one or more monthly payments on the principal that are next due on the note. on the first da> of an% month
<br />prior to maiuriil i ProOded. however. That written notice of an intention to esercisc such pri%ilvlw is Liven at iea,t thirty 00)
<br />drys prior to prepayment.
<br />[10C,that 1nLcther utJit. anti n :ddttum to. the monthly I'm local, of principal and interrs t pacahle under the term, of the
<br />euued her th% be Mort. i or scull par to the Mnrtgaece..ill the first dal of earl month until the ,.;ill note t, fully paid, the
<br />fol'n%%me.,unr
<br />I: i \ ••i ie i It diirr ht -rut %till !uuds I pay Ibt nrxt ;putt aec ❑ts n ni. , inrnuum tl llos �I
<br />un
<br />__ �i ....t _,;,% :ur ;nwn•.I. n .t .n ntltlr cb a ^_r rrr Leo 't a :n r , rcr vtctrrrtnrr „rr. ;t.
<br />ti Ib 'IndU cr• {upntent..ts t llo%es
<br />f ;1,1?! CIS ht 61t.1tit. .r
<br />
|