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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 . 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