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MORTGAGE m t form is used under the
<br />+vie- mortgagee insured under the 1
<br />one• to tour•famity provisions of
<br />the National Housing Act.
<br />86- 101969
<br />THIS MORTGAGE. made and executed this 18th day of April A.D.
<br />t9 86,hyandbetweenSamuel G. Schleicher, Patsy R. Schleicher, Husband and Wife and
<br />Steven E. Schleicher and Lorrie C. Schleicher Hus and end Wife
<br />of the County of w911 and Mate oNebraska, pany of the first part. hereinafter called
<br />the Mtxtaaftor, anti' FirsTier Mortgage Co.
<br />a corporation organized and existing under the taws of Nebraska
<br />party of the second part, hereinafter called the Mortgagee.
<br />W{TNESSETH: That the said Mortgagor, for and in consideration of the sum of Twenty —Eight Thousand Seven
<br />Hundred Fifty Dollars and no /100---------------- 41011ars(528,750.00 1. paid by the Mort-
<br />gpgec. the receipt of which is herehv 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 />Fractional Lot Eight (8), in Fractional Block Six (6) Wal.lich's Addition to
<br />the 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 ail
<br />ment survey:
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the premises above described, with alt 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, :rod to its successors and assigns, fo!cver. The Mortgagor represents to. and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right to -ell and convey said premises; that they are free from encumbrance: and that the
<br />Mortgagor will warrant and defend the same .,gaittst the lawful claims of all persons whomsoever, and the said Mortgagor here-
<br />by relinquishes all right, of homestead, and all marrial rights, either in law or m equity, and alf other contingent interests of the
<br />Mortgagor in and to the above- Jescribed premises, the intention being k, convey hereby all absolute title, in fee simple. includ-
<br />ing all rights of homestead. and tither rightIk and interests a+ aforesaid.
<br />PROVIDED Al WAYS. and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees fir pay rot the Mortgagee. or order, the principal sum of Twenty Eight Thousand Seven
<br />Hundred Fifty and no/ 100----------------------- - )otfarst5 28,750.00
<br />with interest fo -ol date at the late a,! Ten and One —Half Pei centunl ( 10 1/2 ) per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of FirsTierM.ortgage Co.
<br />in 8712 W. Dodge Road, Naha, NE 68114-3494 of al such (,the p!ac ° Y6 lie holder of
<br />the note may desigmtte in writing,. an oxmthly insta!fnletUS of
<br />Two Hundred Fifty Three and 84 / 1bU -------
<br />[lidlars I'S 253.84 1, commencing on the first day of
<br />June 1v 86 - and on the first day of each inonth thereafter until the principal :end in-
<br />terest arc fully paid. except that the final paymen o! principal a merest, if not soorter paid, shall be due :end
<br />payatite on the First day of stay �al 6 all according to the terms of a certain promis-
<br />sory note of even date herew ith executed by the said MorigAgol ,
<br />The Morly-agor in order more fitly jo protet t the set,untl �wf this 11ort1 gc. agrci;
<br />1. Rill he will pay the indehtedn.s,,, as hereinbefnre sro
<br />! s � leu.� ` d�etFicr��aot }t�gxrhEtptUrle1}iaCh?iH41kt
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<br />Thar. togerher with, and to aildifitn 10- the nranthly prrymenls If principal and merest pavahle under the terms of the
<br />mote secored herehy, the Norlgagot will p:ly at the %il1kageC. In the lied dily (,f each tnonih Until the lain note is fu "sly paid. the
<br />V'Ilowing otjm.k
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