|
MORTGAGE This form is used ns r under the
<br />wftfi mortPgss ttlwrW under the
<br />one- to four family provisions of
<br />IM NetwMl Housing+" Act.
<br />TMS MORTGAGE, made and executed this lst day of April A.D.
<br />19 86 by. and `between Rwmeth L. Cuddeford and Nancy J. Cuddeford, Husband and Wife
<br />of the County of Hall , and `State of Nebraska, party of the first rpart, hereinafter called
<br />the`MorWallor, and Superior Mortgage, Inc.
<br />a co poration: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 in consideration of the su.. of Sixty Thousand and X�770/1
<br />Dollars (s 60, 000.00 ), paidt�y the Mort-
<br />the receipt 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- described
<br />real estate, situated in the of Hall, and State
<br />of Nebraska, to wit:
<br />Lot One (1), Bishop Heights Second Subdivision, Hall County, Nebraska
<br />of the Sixth Principal Meridian, containing in all
<br />ment survey:
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the premises abcvc described. with all the appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting 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 Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Sixty Thousand and No /1001 hs
<br />Dollars (5 60,000,00
<br />with interest from date at the rate of Ten per centum ( 10.0 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of Superior Mortgage, Inc.
<br />in Grand Island, NE 68802 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of ggi Hundred Forty Four and 76 /100ths
<br />Dollars ($ 644.16 ), commencing on the first day of
<br />may '19 86 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 April 2001 : 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 />1. That he will pay the indebtedness, as hereinbefore provided.
<br />aNOOlteat
<br />"Privi eservod -t5o qty debt, in whole or in part, on any
<br />n
<br />i l.slntt dt date, l / 114/ . to,
<br />,Fay
<br />together wtth, out addit' thly payamijuN in prnrlfial and interest payable under the terms of the
<br />note 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 />JptttmltamCl6tkis
<br />fltAtltx
<br />xxx
<br />iikxxx V N , eWct�ttfbtxac *�tttltstl�icti�txtflttsttt
<br />tcf norcatatmwdrtemrtxkac kanda�odi3ttadteit�riou �•
<br />STATE OF NEBRASKA
<br />HVD9,143M I9 ;J'
<br />FxrE,it,rwa FHA. 714$M, Wh,er: Mdv ttr tjwd On-0 Supply n Gwha,.+Rtet7 124 C; R EXi 1 b
<br />
|