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86 102346
<br />MORTGAGE with form is ins in unnettthe
<br />with mortgdges insured under the
<br />one- ro four - family Provisions of
<br />the National Housing Act.
<br />THIS MORTGAGE, made and executed this 8 th day of May A.D.
<br />191N; .by and between ANTHOW W. BUDLER and DIANA LYNN OWLER, HUSBAND AND WIFE
<br />of the County of ADAMS
<br />the Mortgagor. and Superior Mortgage Inc.
<br />P.O, 13DX 2000
<br />Grand Island, ME 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, forand in consideration of the sum of Fifty Thousand, Seven y,,ndred
<br />and No/ 100ths---------------- ------------------------------- Dollat s (S 50,700.00 1, paid by the Sfort-
<br />pagee, 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 />SEE EXHIBIT A
<br />of the Sixth Principal Meridian, containing in all acres 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, plumbing and lighting fixtures and equipment now or hereafter attached a) 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 Mortga-
<br />gee, that the Mortgagor has good right to sell and convcy 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 per,on, 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 coney herehy an absolute title, in fee simple, includ-
<br />ing all rights of homestead. and other right= and interests as .Aforesaid.
<br />PROVIDED ALWAYS. and these present, are executed and dehi ered upon the following conditions. it) \k if:
<br />The Mortgagor agrees to pay to the 'Mortgagee. ur order. the principal sum of
<br />and No /100ths--------------------------------------------- Do;lars(5 Fifty Thousand, Seven Hundred
<br />50,700.00
<br />with interest from date at the rate of Nine and one half pet cenluill ( 9.500 ) perannumon
<br />the unpaid balance until paid. The ,aid principal and inteie,i .hall he payable at the office of Superior Mortgage, Inc.
<br />P.O. BOX 2008
<br />in Grand Island, ME 68802 or at such other place as the holder of
<br />the note may designate in writing, in monihh inslalimem> of Four Hundred Twenty -Six and 31/100ths------------
<br />------ ---------- -------- ------- - - - - -- Iktllars is 426.31 1. Coll unencingon the first da% of
<br />July . 19 86 . and on the first clay 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 he due grid
<br />payable on the first day of June, 2016 : all according to the terms of;, certain piontis-
<br />sexy note of even date hcreH ith a xccuted by the ,aid Mortgagor.
<br />The Mortgagor in order more fully to protect the securiti of this Mortgage, agrees:
<br />I. 'that he wilt pay the indthtrdne,s, a, hereinheforc• prosided. 1pEirxiTJ�!' �t1il( 7fiKl% iFx�Xl( it�ii,> rJtN>�17fKitfxxiKXxXJt7dt�%%i;X
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<br />slue date. "Privilege is reserved t pay debt:, in whole or in part, on any installment
<br />N
<br />That, tcjVhtr +kith, ;cod to a drttuaa ts?. the count ly payment, of principal and intere,l payshle under the term, of the
<br />noic secured hercbv, the Mortgagor ill pas io the Mortgagee. on the first day of each month until the %aid note i, f ulh nail. tic
<br />folh.A mg sums:
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