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MORTGAGE I with form is , infvprovuistons in connection
<br />with mortgages ind nder the
<br />one to tour- fam of the National HouAct.
<br />86.101 a
<br />THIS MORTGAGE, made and executed this 22 nd day of April A.1 ?.
<br />19 86 by and between RI CHM B. WOLFE and CARLA A. MOLFE, Husband and Wife
<br />of the County of H411
<br />the Mortgagor, and Superior Mortgage Inc.
<br />P.O. BOX 2000
<br />Grand Island, NE 68802
<br />a corporation organized and existing under the laws of
<br />party of the second part. hereinafter called the Mortgagee,
<br />and State of Nebraska, party of the first part. hereinafter called
<br />the State of Nebraska
<br />WiTNESSETH: That the said Mortgagor, for and in consideration of the sL•,n of Thirty Three .Thousand One
<br />Hundred and No/ 100ths-------- --------------- ---- ---- -------- Dollars (S 33,100.00 L patdbythe 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 Thirty One (31), in Block One (1), in Morris Addition to the City of Grand Island, Hall County,
<br />Nebraska.
<br />of the Sixth Principal Meridian, containing mail acress according to Govern-
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including
<br />all heating- plumbingand 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 Moriga-
<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 tights of homestead• and all martial rights, either in law of in equity. and all other contingent interests of the
<br />x
<br />Mortgagor in and to the above- described premises. the intention tieing to convey hereby am absolute title, in fee simple, includ-
<br />ing all rights of homestead, and other rights and interests as aforesaid.
<br />PROV IDED Ai.WAYS. and these presents are executed and delivered upon the following conditions. to wit:
<br />The Mortgagor agrees to pap to the Mortgagee, or order. the principal sum of Thirty Three Thousand, One
<br />Dollars 1.
<br />Hundred and No/ 100ths------ -- ---------- ------- --- -- ------- 33,100.00
<br />with interest from elate at the )ate of Ten and one half per'ennun ( 10.500 ) per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of Superior Mortgage, Inc.
<br />P.O. BOX 2008
<br />in Grand Island, ME 68802 oral such other place as the holder of
<br />the mule may designate in writing, in monthiv installments of Three Hundred Two and 78/100ths------------------
<br />------ ------------------------- - - - - -- Dollars (S 302.78 ). commencing on the first day of
<br />June , 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 ix due and
<br />payable on the first day of May, 2016 : all iccordmg to the turnis of a certain promis
<br />sore note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order mute fully to protect the security of this Mortgage, :agrees:
<br />I. That he will pity the indebtedness. as hereinbefore provided. i?tiiY ixilUtriKliKiOK )i>4X*WXKXl(K">Au%iviiH gWU*AXX
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<br />X "Pr•Ivil reserve to y debt, in whole or in part, on any installment
<br />due date."
<br />That, together with• and in :ad ition tit, the mono lV payment. of pnnctpal and intere11 pe`iahle ondcr the terms of the
<br />nt is -wi tired hereby, the Mortgagor will pay io the Mortgagee, on the first )dap of e;0) march untrl the sau9 note is 11111% I"Ild, the
<br />following sums
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<br />ST All OF N6nRASKA
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