r
<br />I
<br />MORTGAGE Th,s town is used v, connect u>n
<br />� with mort9eges insured under the
<br />ono- ,o tour.family provisions of
<br />the National Haasing Act.
<br />86-- 102248
<br />'rHIS MORTGAGF. made and executed thi, 5th day of Nay A.D.
<br />19 86 . by and hetween John D. Magnuson and Guna Magnuson, Husband and Wife
<br />of the County of f {all. , 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 />WITNFSSFTH: That the ,aid Mortgagor. for and in considemli,m td the ,urn of Sixty Eight Thousand Three
<br />Hundred and no/ 100--------------------------- -mllars (S 68,300.00 ). ;);aid by the Mort
<br />gtagee, the receipt of which is hereby acknowledged. has iirnoed and Sold ;Ind by these presents does Grant. Bar-
<br />gain, Sell, Convey and Confirm unto the :Mortgagee. it, ,assessor,, and assigns, forever. the foiinwing- described
<br />real estate, sinfated in the County of Hall and State
<br />of Nebraska. to wit:
<br />Lot Seven (7) , Block nao (2) , Farmington Second Subdivision, in the
<br />City of Grand Island, Hall County, Nebraska.
<br />The Rider to the Mortgage attaches: 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. (imainmg m all .tore•, .according to Gm ern .
<br />ment survev:
<br />TO HAVE. ANI) TO Ho)LD the preimse, tho%e descnhcd, with all the appiarte•nance, (hereunto helongmg and including
<br />all heating, plumhinE. and lighting fixtures ;and equipment no",, or hereafter attached u, or used in connection %kith said real estate
<br />unto the Mortgagee, and to its wcceuors and assigns, fore%e•i. lire Mot lgaf!or reprc,ent, lo. and covenants %%'iih, the Mortgtr
<br />gee. that the Mortgagor ha, good light to ,ell and convey said prcmisc,: th.;it ihc% .Ire free from encumbrance: and !hat the
<br />Mmigagar "iii warr,utt and defend the carne against the la%%ful claim, of Al per,nn, .%honasoc%er. and the said Mortgagor heie-
<br />by relinquishes all rights of homc,icad, arui ;all martial right,. either in I.iH or in equil). ;oaf ;di olhcr contingent interests of the
<br />Mortgagor in and to the ahose- dc,crthed premise,. the intention being to ions(,% he.reh) ;u. ah,olule title, in fee simple, inciud
<br />ing all rights of honae,tead. and other right, ;Intl iniere• to as aforesaid.
<br />PROVIDED At 1k AYS. and 1hc,e present, :ue etecn!ed,lnd di.h%ered upon the following condition,. to µii:
<br />Fhe Mortgagor agrc�,, to pay to !hc Mortgagee. or order. the pi incipa! sum of Sixty Fight Thousand Three
<br />Hundred and no/ 100------------------------- DoNar,($68,300.00
<br />with interest from date ;ii the rate „! Nine ant? One -Half 9 1/2
<br />per crntum f }per annum on
<br />the unpaid hatance until paid I ne „id principal and inicae•,t ,hall he p ;tt:thlc el the anise of FirsTier Mortqaqe Co.
<br />In 87]2 'K. Plod @@ Rd. (eta 681114-- 494 or ;u such olhci place :is the holdet of
<br />the note in.iv designate tr. nr,ung. to r.lo�tlily instaillment, tie Five Ilunc�reci Seventy Four Dollars and
<br />30/ 1.00------------------- 1)nllar, Iti 574.30 i, commencing on the fir,l dx% of
<br />Ju Y I 1` 86.:ind un the fir,( da) of eat li month !hereafter until the principal and in-
<br />teresl are folly paid. e\cupl 111,11 the bout pa�menl of princap;ii clod mlere,i. If no! ,caner paid. ,h,ill be due ,tad
<br />payable nn the first da% of June 201611 I„ file tens, of a certain pn*rnu
<br />1
<br />sort' note of even dale hercalth cxeculed by the ,;od Mortgagor
<br />l he Mor!t!ai or to order more full% u, protect the ,c, -aril} of tilt, Mollg ;tgc. ;glee,
<br />ti •
<br />I. Thal he µdl pad the mdehRcdnes,. hcrcinhefnre "to, idcd - tid•M',4 %Yea{2Sr`Ga4?i�f. Kai ?: ?W�7�►EZCt: i j�}j7:.?C i}� }�tY
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<br />��if�! l+ Yt% fi��(? fi�tsf�fif�f�} fr�tX�ftYM��1 =f�fCYi{t'�Ix�e�'ttYt�r`�t
<br />Pmt 5�4] �c9tltr0. Ki?: Xif�t5�i�41{-` i�i2tA�} �A+ C14�7f., 121 4x!}:}( i# JQ1QIiKK `itiJuWGiYi?GiC+tli�i26?<G'3HH
<br />K Priyi leele is resetved to ray the debt, in whole or in Tlart, on ariv
<br />installment due date.
<br />Tfr 1!, to !het atih. and ❑t I rhoon ill the Inonihlt ;';IVnutl', ,-I prnaclp,tl .Ind :ntere'r p;Iwahle undel the !rim, of the
<br />ante ,e ure-d hereh%- lire x µlea""( d! r",% ro `he 11w!gagrr . of 'hc' 1,1 d;,% of each month 1111111 life ,;iii note IN fill!% paid the
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