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<br />00-» 102148 - --
<br />This form is used in connection
<br />MORTGAGEwith mortgages insured under the
<br />one- to four - family provisions of
<br />the National Housing Act.
<br />THIS MORTGAGE, made and executed this 30th day of April A.D.
<br />19 86 .byandbetween William J. Degen Jr., and Katherine A. Degen,
<br />HuAband pod W e
<br />oft ounty o Ha . and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and FirsTier Mortgage Co.
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part. hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mort a or, * * * * * * * * * * * * * * * * * * ** for and in considerftion of the sum of Fifty Six Thousand
<br />Fifty and no/ 100 * * * * * * ** Dollars is 56,050.00 ). paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granter 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- descrihed
<br />real estate, situated in the County of Hall and State
<br />of Nebraska, to wit:
<br />Lot Six (6), in Block Two (2), in West Bel Air Second Addition
<br />to the City of Grand Island,Hall County, Nebraska.
<br />The Rider to the Mortgage attached hereto and executed of even date herew:.i-h
<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, conarining in all acres according to Govern-
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises ahoye described, with all the appurtenances (hereunto 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, fore: er. T'he Mortgagor represents to, and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right to sell and convey said premises; ;hat they are free from encumbrance: and that the
<br />Mortgagor will warrant and defend the same against the law ful 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 heing to covey hereby an absolute title, in fee simple. includ-
<br />ingall rights of homestead, and other rights and interests as aforesaid
<br />PROVIDED ALWAYS, and these presents are executed ;old delivered upon the following conditions, to wit:
<br />The Mortgagot agrecs to pay to the Mortgagee. or order. the princip,d sun, of Fifty Six Thousand Fifty
<br />and no/ 100 * * * * * * * * * * * * * * * * * * * * * * * * * * * ** Do;hrr,(s 56,050.00
<br />with interest from date at the rate of Nine and Ore—Half per cemuur ( 9 1/2 'z 1 perannum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of FirsTier mortgage Co.
<br />in 8712 W. Dodge Rd., Omaha, NE. 68114 -3494 or at such other place as the holder of
<br />the note may designate in writing, in in m lily installments t f F r Hundred Seventy One and 30/100*******
<br />Dollars t3 6 • �� ), commencing on the first day of
<br />June , 1986 .and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, cxcgt that the final �iop ent of principal and interest. if not sooner paid, shall he due and
<br />payable on the first day of' y ;dl according to the terms of a certain promk-
<br />sory note of even date herewith executed by tile. said Mtrtgagor,
<br />The Mortgagor in order more fully to protect the ,ecurity of this Mortgage, agrees:
<br />1. That he will pay the indehlednes , as hereinheforc provided. 3341[KAMtNY14?fliifaf8�falt�f 7t c g, *x t t
<br />--- - - - ..- r•, -��•• egg- •.Xr.emmneeftr�rrmyTnrly.
<br />dwptauWeoort>pmprynmttsnt Privilege is reserved to pay the debt, in whole or part, on any !J
<br />inst�llmabnt jue g-Ale.
<br />Thal. urge) rr wrt mt In ac drium a +. the moothls payments of nr7nupal .uul ulteresl payable Under the terms of the
<br />note secured hereby, the Mt rtgagoi wifl pap to the Murl> ogee, on the tint dar of e,lvh month until the s;4 note is fully paid. the
<br />followllig sums:
<br />ia) Anlruut siaoii: ru t,i ihk f Ikirr h.fc -1 .kith lunds r Lay the _zl nunlgage utsu1311 lncmlum it rhts
<br />r:
<br />❑ntn.rn,ant nnkt viii. nk,tc �Vcnlyd ni t"hy a,c m,utrd. o, ,1 n,nntitly rltaii_ ",Ir fits ,,) a ,>I,.r {,.us,'r nrktnurh,� nr,°
<br />rrlurfn' U rltrc :arc held !1., 1hi, Se, rrt.u, ;,I Ilml,l!It; ,std 1.'111,111 De 'A01.1 i !It. ndhtas
<br />fi it arni i,tnr; J, "1;,i 1—to „j s•krn d.ltt: .wd thl•, :nsucna•nl ...,u, :,i .ark ...;r;..,i,I,. ;hv 1,
<br />o ,,,mt :all .. i n!. ,e., ., i .,Irk , .,
<br />"I.trt 01 fVfltliAiNA
<br />+t�°iMM
<br />41 F
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