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<br />"� 103299
<br />MORTGAGE
<br />THIS MORTGAGE, made and executed this 19 th
<br />19 s6 . by and between SCOTT G. RICWJtDSON
<br />and CATHLEEN A. RICfMRDSOM; HOSBAID =ANDitf1F
<br />of the County of HALL
<br />the Mortgagor. and Superior Mortgage Inc.
<br />P.O. BOX 2008
<br />Grand Island, ME 681102
<br />a corporation organized and existing under the laws of
<br />party of the second part, hereinafter called the Mortgagee,
<br />day of Jute
<br />This form is used in connection
<br />with mortgpes inwred under:. the .
<br />one- to four- family provisions of
<br />ft Nations Dousing Act. .
<br />, and State of Nebraska, party of the first part, hereinafter called
<br />the State of Nebraska
<br />a W ITNESSETH: That the said Mortgagor, for and inconsideration of the sum of Sf xtyy�Thousand 5i�ftt E1�,dre
<br />nd No/ 100ths----------------------------------------------- Dolla, s (5 W,800.00 ' 1, paid by the ort-
<br />gagee, 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 />LOT MIME (9), BLOCK THREE (3), OLDE MILL SUBDIVISION, TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<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 Sixty Thousand, Eight Hundred
<br />and No/ 100ths-------------- ------------- ----------- - --- --- Dollars IS 60,800.00 ).
<br />with interest From date at the Tate of Nine per centurn ( 9,000 <) pt•.r 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 2008
<br />in Grand Island, ME 68802 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Four Hundred Eighty-Nine and 21 /100ths-----------
<br />------------------------------- - - - - -- Dollars IS' 489.11 ), 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 he 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 />That he will pay the indebtedness, as hereinbefore provided.
<br />^PrivRhjpy is reserv&o T debt, in whole or to part, on any installment
<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 the saia note is fully paid, the
<br />following sums:
<br />f wubtaoacxRltltxxx
<br />1419M XX 7ttttWtD9I1tXx wxx
<br />1C:%It +t s11RINI00tIhUll)flgdt tttlxttauaptlt011oXtttglitzttttlat7�t70u1 >rxx
<br />� iettauoc�t» irxxtt >4tftta�ttl�tacattfcnrl�tx
<br />STATE OF NEBRASKA
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