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69500 -1 -z0 This form is used in eonnec- tion with rnortgages insured MORTGAGEunder the ore► to four - family provisions of the National Housing Act. 86-- 103497 THIS MORTGAGE, made and executed this 30th day of June A.D. 19 86 ,byartdbetween Charles E. Elrod and ChaXlenebA. Elrod, husbrapti and wife, jointly of the County of Hall !all State of Nebnss A parnty not thel h t part, hereinafter called the Mortgagor, and FIRST FEDERAL. SAVINGS AND LOAN ASSOCIATION Of LINCOLN a corporation organized and existing under the laws of The United States of America party of the second pan. hereinafter called the Mortgagee. WLTNESSFTH: That the said Mortgagor- for and in consideration of the sum of Forty Five Thousand Seven Hundred Fifty and no /100 Dollars tS 45750.00 1, paid by the Mort- gagee. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant. Bar- gain. Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following-described real estate, situated in the County of Ha I l and State of Nebraska. to wit- Lot Six (b) Capital Heights Fighth Subdivision, ball County, Nebraska of the Sixth Principal klendidn. ontatning in all c 1 t v pr ripe r t y Acres according to Govern- mentsurvev TO HAVE AND To HOt D the premises aix)ve described. w h :nil the appurtenances thereunto belonging and including 411 heating. plumbing and lighting hxiures and equipment now or hereafter attached to or used in connection with said real estate unto the Mortgagee, and to its successors And Assigns. forever 1-he Murtgar.,r represent to, and covenants with, the Mortga- gee, that the Mortgagor has good right to sell and .onvcy said premises• that they ,ire free from encumbrance: and that the Mortgagor will warrant and defend the same against the lawful claim -, of all persons whomsoever; and the said Mortgagor here- by relinquishes all rights of homestead, and Ail martial rights. either in law or in equity• and all other contingent interests of the Mortgagor in and to the above - described premises, the intention hetng •o on%ey hereby an absolute title, to fee simple, includ- ing all rights of homestead. and other rights and interests as aforesaid PRO%'IDFD Al 1A .AYS. and these present, are executed and delivered upun the following conditions, to wit: The Mortgagor agrees to pax to the xlortgagee or order. the principal sum of F'o rt v Five Thousand Seven Hundred Fifty and no /100 IktilanIS 45550.00 >. with interest from date it the rate u1 ten per eentum ( 10.000 %) per annum on the unpaid balance until paid Flit said principal and interest shall he parable at the office of First Federal Savings and Loan Association of Lincoln m or at such other place as the holder of 1,.r 0 the note may designate irtlx�t Ot"6,4 t WIments of q/�� Dollars is 4UFour 9 liUnd red ihte and i 6COitntieocutgon the first day of August Iv 86and on the first day of each month thereafter until the principal and in- terest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall he due and payable on rw rst dad of Jul , 2 ''1jb . all according to the terms of a certain promts- ,ory C_ie of even date herewith exei u�ed hs the said �lorigagor The Mortgagor in order more fully to protect the security of this Mortgage. agrees t - Fisritt�riFpereltetirrdeittednese -rr eiFcvrtirryt+ artwlttaieyre�i�ewa or-nww �unYr1111,14Ymie"IN 4"d Pr nelvil y of ny me th err'trr*raa wi19 t- Aetowel home .err ef-mrtneeneren -to exeretxsuctt pmileEesssne:rat 4eartthirtytl0y ,iaye}dawls}twrayttN „ t Privilege is reserved to pay the debt, in whole or in part. on any installment due date. L ' rhat. together with, and in a,tdition tit. the monthly payments of principal and interest payable under the terms of the note *ccured hereto. the Mortgagor wilt pa+ to the Mortgagee_ ,n the fiat day of each month until the %ai0 note is fully paid• the lolit+w frig rums Mt-- +kwtorw�wMfiawwrttr prtwsrnN sirrAaMerWe trim wido itrtttl no+t xt»atanee pies "Wr- iftiny Na -wow+ lwr ors +nwradttrrtrwtotttitly- rhatip t►ItwfM }edwtrtAtgtt► `frrie- --- -+Mtwr.F� 1Aor+relw$tF�w 1►M E+rM►sk�heVSMAwtewt•..e lMdlt+w* -- _ - - - - - - - - - - -- - — - r4+---- 1 1 -wiA -m Mopor- undn.t” ,*— eeeirlate- and-1hui"wriv"wmtarei wo,A"r&mvensa+ed-enderelx-lwes- _ NMteMil- MntttitnN A"-** reesM SUfficeeM- tt+arerrrnriatr+r►�dts rxnve,e�, "A 7+a)at . 11 'Ift r» `T %TV or NEBRASKA *tuh 07+43IA 19 r41 e�;