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- �_!
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<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
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