86-- 102484
<br />Tois
<br />ORMORTGAGE ( w1h ic,-, ;s used r unnectihe
<br />t wrth men kfr of inwrpi u�Mer the
<br />one- mfour- family Provisions of
<br />the National Housing Act.
<br />r THIS MORTGAGE, made and executed this 12th day of May A, 1).
<br />19 86 . by and between Duane, J. Deis and Dianna J. Deis, Husband and Wife
<br />of the County of Hall , 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 law s of ,Nebraska
<br />party of the second part, hereinafter called the Mortgage,:,
<br />WITNESSF.TH: That the said Mortgagor. for and in consideration,,f the ,um of Thirty Seven Thousand
<br />Five red Dp11 Too ntS Dollars 6 37 - 0.00 r. paid by the Mors -
<br />gagee. i receipt of which is lien, y acknowledged. has Granted and �:+Id and tfy Kt e presents does Grant. Bar-
<br />gain. Sell, Convey and Confirm unto the Mortgagee, it, ,ticcessors and assign, forever. the following- desirihed
<br />real estate, situated in the County of Hall and State
<br />of Nebraska, to wit:
<br />All of the West One-Half (w-�) of Lot one (1) and the N Eighteen and Twenty Five
<br />Hundredths (18.25) feet of the west One Half (IxTIK) of Lot Three (3), all in
<br />block Five (5), University Place, an Addition to the City of Grand Island,
<br />Hall County, Nebraska
<br />The Rider to the Mortgage attached hereto and executed of even date herewith
<br />is incorporated herein and the covenants and agreements of this rider shall
<br />attend and supoletttent the covenants and agreements of this mortgage.
<br />of the Sixth Principal Meridian, containing in all acre, acalydins to Govern-
<br />ment silt ev:
<br />TO HAVE AND TO HOLD the premises aho,e described. with all the appurtenances thereunto belonging and inciuding
<br />all heating, plumbing and lighting fixtures and equipment nos or hereafter attached it) 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 cones said premises th.:i they are free from encumbrance: and that the
<br />Mortgagor will warrant and defend the same against the lawful claims of al! 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) convey hcreb% an absolute title. in fee simple. includ-
<br />ing all rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these• presents are executed and delivered upon the following conditions. t. wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order. [tie principal sum of Thirty -Seven Thousand Five
<br />Hundred Dollars no /cents Doilarsf$ 37,500.00 t•
<br />with interest front date at the rate of Eight and One -Half pet centunt 1 8 1/2 per anr.um,1t:
<br />the unpaid balance until paid. The said principal and interest •hail he payable al the oflicc of FirsTier Nbrtgage
<br />CO' in 8712 W. Dodge Rd., Otnaha, NE 68114 -3494
<br />oral such other L,cS ; ,;he holder of
<br />the note may designate in writing, in monthly installments of Three Hundred Sixty Nine and c28; 100------ -
<br />Dn1lar, IS 369.28 eontntencing on the hrsl da% (if
<br />July lu 86, and on the first da% of each month thereafter until the principal and in-
<br />terest arc fully paid, except th.;t the final pa) rtent of principal aril inierc,L if not ,00ncr paid, shat! he due and
<br />payable on the first day of June 2001 :df :,ccording to the term, of a certain prornis-
<br />%ory note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fulh, to protect the security of Ihi, Mortg;tgc.
<br />I. That he will pay :file ndehicdne,,. as hereinbefore p;osided. I
<br />p' �{YJ1GfGFdixaFX1�^W1FrK2iitr
<br />t
<br />privilege is reserved to 13ay the debr, in whole or in part, on any
<br />ln$�c' at- 1n0tLethterewit t nil in addition to, the mnn(hlt patients of principal and intere.. t ayahie under the terms of the
<br />shit, se��u�reatd� hereby, the Mortgagor will pity to the Mortgagee, on the fir,i 6k,of each month until the Baia note is full% paid, the
<br />Lfollow ing sums.
<br />{a) Amount sufficient t„ pr„%ule the holder hereof will: tml,k l„ pe} the nrlt 11wrigage utsm';nk" ptcmnmi if ttus
<br />mciruinenr and the n. otv w, u-u h fiche as t vimlic t ni i Ihh ih ore 'tn lucid o' ,r ,n,,rre,jcl ",t,rvvt,•, ;m.
<br />mourn i,t life, rc held ht the S, _., t ry ,,t I1ou,util nil 1 t,,n !k el,gnt.ent. a. „!I,ns.
<br />t) If ;s .. 'o ion . Ts ,ahi :tole of! twt-n :_Talc .find Iti;c Inc: L,n: n• t . :�.-.f , rmu,r,` ,n ,ic•'he pit,
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