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MOO L GAC E <br />7 -his `. orm =s used in connection <br />with mortgages insured tinder the i <br />i one- to tour- tamily provisions of ; <br />the National Housing Act. <br />102396 <br />j� <br />THIS MORTGAGE. made and executed this 7th das of May A.D. <br />I 19 86 , by and between Jack W. Lillibridge and Ellen Irene Lillibridge, Husband and Wife <br />of the County of Hall and Stair of Nebraska, party (iF 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 />W(TNESSETH: That the said ?,Mortgagor, for and in consideration of the ,urn of Thirty One Thousand Six Hundred <br />and no�100-- ---------------- -------- ------- — 1)cri'ars i5 31,600.00 t. paid by the Mort- <br />gagee, the receipt of which is hr;;hy acknowledged, has Granted and 'cold :snd by these presents does Grant, liar - <br />gain, Sell, C'on'ey and Confirm unto the Mortgagee, its xtccrssnrs and assigns, forever, the following- described <br />real estate, situated in tfic County ref Hall and State <br />of Nebraska- to wit: <br />The Southerly Fifty (50) Feet of Fractional Lots One (1) and Two (2) , in <br />Fractional Block Five (5), in Wallichs Addition to the City of Grand Island, <br />Hall County, Nebraska, being a rectangular Tract of gorund having an Easterly <br />Forntage of Fifty (50) Feet on Washington Street in said City and a Depth of <br />105.6 feet, and bounded on the South by the Alley in Said Block. <br />The Rider to the Mortgage Attached hereto and executed of even date herewith <br />is ircoroorated herein and the covenants and agreettlents of this rider shall <br />amend and supplement the covenants and agreements of this mortgage. <br />of the Sixth Principal .Meridian, containing in all acre, according nl (iovern - <br />ment survey: <br />TO HAVfi AND TO i-imi) the prerni,e, ahoy :ic,ciINA. with all the appurtenances thereunto helonguf¢ and including <br />all heating, plumbing and lighting fixtures and equipment ritm or hereafter attached to or used in connection wnh said real estate <br />unto the Mortgagee, and to its ,occc,sors and assigns, forever. The Mortgagor represents fit. and covenant, w itb, the Mortga- <br />gee, that the Mortgagor 1w, good right to .ell and coney said premise,; that Ihey are free from encumbrance; and that the <br />Mortgagor will warrant and defend the same ;igainsl the lawful claims of all prisons whomsoever, and the said'lortgagor here- <br />by relinquishes till rights of homestead. and all martia! rights, either in law ur in equity, and all other contingent interests of the <br />Mortgagor in aiid its the above- described premises. the intention being to cones herchy an absolute title, in fee simple, includ- <br />ing all rights of h1liestead, and other rights and interests a, afore,aid. <br />PROViDLt) ALWAYS. and tiles,- prv,ents are executed and delivered upon the follow ing conditions. to wit: <br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Thirty One Thousand <br />Six Hundred and no /100---------------- - - - - -- Dolkus'` 31,600.00 <br />with interest tom date at the rate of Ten pet cetuulu I 10 ' f I per annum on <br />the unpaid balance until paid. 'Me said nrincipal and interest shall he payable at the office of FirsTier Mortgage Co. <br />in 8712 41. Dodge Rd., Cmaha, NE 68114 -3494 , oral such other place as the holder of <br />the note may designate in writing. In foo l5 in,tailmrnts of Tqo Hundred Seventy Seven and 31 /100- - - - - -- <br />iAlllars 1s 277.31 ), annntencing on the first day of <br />July . 1 ) 86, attd on the first day ref each month thereafter until the principal and in- <br />terest ;ire fully paid. except that the final payment if n inciptll;tnd interest. if not sooner paid. ,hatl he due and <br />payable a the first il er L0O bb �, <br />4 ` . all according to the terns of a certain promo -(G /17 <br />sc +ry note of evert d,ete hrrew ith executed by the said Mortgagor _ <br />f'he Mortgagor in order more fulh to protect the vcntrity of this Morlcegc. agrees. <br />I. That he will par the indebtedl a, hereinhefore t,i,,cided ti- icifeeeirrrcer +reSh+Airy t}ire{eNfyt+ Hqx>}� -t,rrR rn- �_! <br />arnofw+Feyrn+a -k.t+ err- a« �nemti nom�rir7ntymr +tl.e+n+lrr-nrme+A�t#mt:tre -etc etdrrcrnrtfx- trcrtr:Tnt- tfrelint•dtret,f-trm morrttl- <br />pr,nrttrrnarrrrttr.-f'mcidcti irtrarrcr Y'trn�srhrerrmrticcrf rrrimentinn trrreetris�? rtCtf �sr <br />ete� Igri, - -,YT-i fmqt fra,7- - <br />,txR,rfeprx��rrmcm Privilege is reserved to pay the debt, in whcfle or-ill part, on any <br />installment due date. <br />That, together with. and in addition to, the monthly ,,aymrnts <d principal and interest parable under the terms of the <br />note secured herehy, the %lortga ;or will pat fit the Nlortg:agre ran the tarsi d;t of each nu,r+th until the sari! note is lolly p;tiJ. the <br />following; sutra <br />fal Arrmuut si ilicicni ru pl vet +t++ - ut!d-.r r r, 'l ,soh a d, t as fh:• ,t llolleaic,t. 1111ui m ac picnntani it hu <br />tn: num•nl allu nv m e ae�llzc s hcl •h, rn,anc no-t thk .h:n t rr rote r, .t nrr- f� <br />n,ru n, . 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