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06... 102428
<br />MORTGAGE This form it used in connection
<br />u,
<br />with mortgages insured under the ,
<br />one- to four-famiiy provisions of i
<br />the National Housing Act. J{
<br />r
<br />,]•HIS MORTGAGF, made:,nd executed this gth day of May A.D.
<br />19 86 by and between Clark E. Keffer and Kathleen A. Keffer, Husband and Wife
<br />of the County of Hall and .State of Nebraska. party of the first part. hereinafter called
<br />the Mortgagor, and Superior Mortgage, Inc.
<br />P.O. Box 2008 N q�
<br />a corporation organizGiitin �..Inn�aundif'er,h jaws tT2 the State of Nebraska
<br />party of the second part. hereinafter called the Mortgagee.
<br />1VITNFSSETH: That the said Mortgagor, for and in consideration of th_ ,um of Sixty One Thous`V Si�. ,4undred
<br />Fifty and No /100ths _ _ Dollar. (5 61,60.00 ), Palt byte ort-
<br />gagee. the receipt of which is hereby acknowledged. has Granted and Sold and y t cse present, dues (;rant, Bar-
<br />gain, Sell, Convey ;Ind Confirm unit) the Mortgagee. its successors and assigns, forever, the following - described
<br />real estate, situated in the County of Hall and Slate
<br />of Nebraska. to wit:
<br />Fractional Lot Four (4) and the West One Half (W1 /2) of Fractional Lot Three (3),
<br />in Fractional Block Twenty Ope (21), in Kernohan and Decker's Addition and its
<br />complement, to -wit: Fractional Lot Four (4) and the West One Half (W1 /2) of Fractional
<br />Lot Three (3), in Fractional Block Seven (7), in Charles Wasmer's Addition to the City
<br />of Grand Island, Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all
<br />ment survev:
<br />acre: according to Govern-
<br />TO HAVE ;WD TO HOLD the Premises ahave described, tt ith all the appurtenance, thereunto helonging ;and including
<br />all heating, plumbing and fighting fimures and equipment now or hereafter attached to or used in connection with said real estate
<br />unto the Mortgagee, and to its successors and assign,, forever. The Mortgagor represents to. and covenants with. the Mortga-
<br />gee, that the Mortgagor has good right to sell and convey 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 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 being it) coney hereby an ahsolute title- in fee simple, includ-
<br />ing all rights of homestead, and other rights and interests is aforesaid.
<br />PROVIDED ALWAYS. and these presents are executed and delivered upon the following conditions, to shit:
<br />The Mortgagor agrees to pag to the Mortgagee, or order, the Principal Sum of Sixty One Thousand Six Hundred
<br />Fifty and No /100ths -- ----- - - - - -- Dollc.rs IS 61,650.00 !•
<br />with interest from date al the rate fit Ten Pei centrnn ( 10.000 1 per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of Superior Mortgage, Inc.
<br />P.O. Box 2006, Grand Island, NE. 68802
<br />in or at such other place as the holder set
<br />the note may designate in writing, in monthly installment. of Five Hundred Forty -One and 02 /100ths - --
<br />-_�� -- -- ---- - -- Dollars 15 541.02 ), cunt file ncutg on the first dat of
<br />Jul yy • 19 S6 , and on the finl dad o a
<br />f each month thereafter until the principal and in-
<br />terest are fully paid, except that [Fie final payment of principal and inlere,l. if not sooner Paid, shall he due ;md
<br />payahle un the first day of June 2f�16 : all according to the leans of a certain promis-
<br />sory note of ewer date herewith executecrhy t to said Mortgagor.
<br />The Mortgagor in order more full\• to protect the securit% of this Mortgage, agree,
<br />1. That he will pay the indebtedness, as hcreinhefore provided.
<br />"Privi is reserved o pay debt, in whole or in part, on an ��
<br />L installment due date." y
<br />['hat, together with, and set a. < loon to, I e monthly paynien s o principal ind interest pa)ahle under the tern[, of the
<br />note secured herehv. the Mortgagor trill pay to the Mortgagee. -.in the lira dap of each month until the ,:oil note is full\ prod. the
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