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MORTGAGE MThis
<br />. ` "� " 11�° in con ,—.
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<br />one to four- fernily prov"n" of
<br />-"' 101785 the National Housing A".
<br />THIS MORTGAGE. made and executed this 4th day of April A.D.
<br />19 86 :byandbetween Gregory R. Blow, A Single Pern1>a
<br />of the County of Hall and State of Nebraska, party of the first part. hereinafter called
<br />ft Morliprair. and FftsTier Mortgage Co.
<br />acofrporation 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 in consideration of the sum of Fifty Six Thousand Five Hundred
<br />Fifty and no/ 100-------------------------- i)ollars (556 , 550.00 ), 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:
<br />Lot Fifteen (15), in Block Four (4), Brentwood Subdivision, in the
<br />City of Grand Island, Hall County, Nebraska.
<br />The Rider to the Mortgage attached hereto and executed of even date herewith
<br />is incorporated herein and the covenants and agreements of this rider shall
<br />amend and supplement the covenants and agreements of this mortgage.
<br />of the Sixth Principal Meridian, containing in,11 acres according to Govern -
<br />mentsurvey:
<br />TO HAVE AND TO HOLD the premises above 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. 'ncc Mortgagor represents M, 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 name 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 convoy 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 cum of Fifty Six Thousand Five Hundred
<br />Fifty and no/ 100------------------ - - - - -- Dollars($ 56,550.00 ),
<br />with interest frorn date at the rate of Ten per centunl ( 10 ) per annum on
<br />the unpaid balance until paid. The said principal and interest shalt he payable at the office of FirsTier Mortgage Co.
<br />in 8712 W. Dodge Road, 0maha , NE 68114 -3494 or at such other pjace as the holder of
<br />the note may designate in writing, in monthly installments of Four Hundred Ninety —Six and 27 /100--------- -
<br />Dollars t5 496.27 ), commencing on the first day of
<br />t . 19 Wand and on the first day of each month thereafter until the principal and in-
<br />terest are A paid, exccpl that the final payment of principal and interest. if not sooner paid. shall he due and
<br />payable on the first day of Ma v 201,6 : all according to the terms of a certain promis-
<br />sdrry note of even date herewith executed by the sate Mortgagor. .
<br />The Mortragor in order more fully to protect the securify of this Mortg: c, agrees:
<br />t. That he will pay the indebtedneiss, as hereinbefore provided
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<br />2. That, together with, and in addition to the monthly payments of principal and interest payable under the terms of the
<br />rune secured hereby. the Mortgagor will pay io thr lifortgagee, on the first day of each month until the saib note is fully paid, the
<br />following sums:
<br />(a) Amount sufficient to ptuvtdc rile holler herer,f with toads to pay the nexl utorlgage Insurance premursn it rill,
<br />ristturnent and file mote secured htrehy are insured. m a Im"fillily chafe lift hod "I a tnnrrzwc uaueranr,, pro
<br />inturtrj it they ate held by the Sv,:rrlafy of fkwstnx au,1 t than lkvelopnten1, as fellows
<br />01 1f Amt sr, ions as Uri onfe ;,f even dais and thu uistruntent ;re Insured of atC
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<br />4ssrom of Ole tiat,.n;d 11-IgtQ Aan m a .ut: tat t.. IfW ds -
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<br />STATr Of NEBRASKA
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