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<br />WITNF,SSETH. That the said Mortgagor. for and inconsideration of the sum of Forty —Six Th7usand
<br />Sevpls;ETtmdred °and no/100— ollars'.S 46,700.00 ). paid by the Mort -
<br />gagae the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant. Bar-
<br />gain; Sell: Convey and:. Confirm unto the: Mortgagee, its successors and assigns, forever, the following - described
<br />real estate, situated in the County of Hall and State
<br />of Nebraska: to wit:
<br />Iat'Three (3) Former View Subdivision, in the City of Grand Island, Hall
<br />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 />amend and supplement the covenants and agreements of this mortgage.
<br />of the Sixth Principal Meridian. containing in all acres according to Govern-
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attached to 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 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 to convey hereby 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. to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Fort) Six ThOUSdtld 5—.1 n
<br />Hundred and no/ 100----------------- - - - --- Dollars ($ 46,700.00 1.
<br />with interest from date at the rate of Nine and One—Half per centum ( 9 1/2 %,) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of FirsTier Mortgage Co.
<br />ij?712 W. Dodge Road, Omaha, NE 68114 -3494 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Three Hundred Ninety —'Itao and 68100---- -
<br />Dollars ($ 392.68 ), commencing on the first day of
<br />AUgUSt 19 86 , and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of July 2016 :all according to the terms of a certain promis-
<br />sory note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />1. That he will pay the indebtedness, as hereinbefore provided. Peivitege -ia- reserved -te+ payihedelrt itr�rhaie,, of irt�HF
<br />LI..y of —it rinrhmnnfh,
<br />taexercise.auch�tiutlegzii g�Pn -.r
<br />1a,a91 1hiLLY -13M
<br />t llmen��e Privilege is reserved to pay the debt, in whole or in part, on any
<br />2, That, together with, and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee. on the first day of each month until Vie said note is fully paid, the
<br />following sums:
<br />(a) Amount sufficient to provide the hinder hereof with funds to pay the next mortgage insurance premium if this
<br />instrument and the note secured hereby are insured. or a monthly charge tin lieu of a mortgage insurance plle-
<br />mium) if they are held by the Secretary of Housing and Urban Development, as follows:
<br />(1) If and so long as said nou even date and this instrument are insured ru are reinsured unaicr the pro
<br />visions of the National Noosing Act, an amrouot sufficient to accumulate to the hands of 111c holder .wi•
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