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69675 -1 -20
<br />This form is used in connec-
<br />ar� tion with mortstt M insured
<br />MORTGAGE under the one to four - family
<br />provisions of the National
<br />Housins Act.
<br />i
<br />86-.103692
<br />THIS MORTGAGE, made and executed this 7th day of Ju ly A.D.
<br />19 Sb , by and between
<br />James William Huebner Tttd obyre ynn Huebn r, husband at�td wife,
<br />of the Count of Jobg r each in t�ie�r own r11QQnt
<br />County Nall a . o .bras s, party t first part, hFietW,. called
<br />the Mortgagor, and
<br />FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />a corporation organized and existing under the laws of The United States of America
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor. for and inconsideration of the sum of Forty Five Tho sate Six.1lundred and
<br />t p� Dollars (S 45 00.00 Pat y Inc lffd receipt of which is hereby acknowledged, has Granted and Sold and by tMse 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 Nine (9) in Fractional Block Seventeen (17), Ashton Place, an Addition to the
<br />City of Grand Island, Hall County, Nebraska, Excepting therefrom the Southerly
<br />Seven (7) Feet thereof.
<br />of the Sixth Principal 'Meridian, containing in all city property 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 Mongs-
<br />gee, that the Mortgagor has good right to sell and cct,vey 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 :end delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee. or order, the principal sum of Forty Five Thousand Six Hun1 dred and
<br />no /100 Dollars (S
<br />with interest from date at the rate of Ten aid one half per centum ( 10. 500 961 per annum on
<br />the unpaid balance until paid. The said principal and interest shalt be payable at the office of
<br />and Loan Afssociation of Lincoln First Federal Savings
<br />or at such other place as the holder of
<br />the note may designate in�tnl�iiiiMfinents of
<br />Dollars (S Hundred Seven te n
<br />4 4 iR- "n &U1iQQ6e first day of
<br />S e e 1() 86'ind on lhee rst day of each month thereafter until the
<br />serest are fully F mb r principal and in-
<br />y paid. except thsf t na payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of ; all according to the terms of a certain promis-
<br />sory Hatt of even date herewith exBeeR� �y the da"grtgagur
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />y lirstt�lrrriiFpre} elAe-itwebted-l—q-
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<br />astuuet eglltt4�os scow- twep�twlllhiyyw}rtlaerser ►Noe- pweeipsi.11lsr et`e -nrltt deretrthe�takren -4he- firstday of all) ..01 It
<br />0Ma+*Ml,- fwwer or. gt wiNeR- eorie..FartriMentieeterexe+eiee sttcFiyreeiiege is atieotthntyt
<br />d"40W- Wpoopeyntimir. Privileges is reserved to pay the debt, in whole orrTn
<br />pa-t, on any installment due date.
<br />?hat, 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 o the %Horgan,", on the first day of each month until the rata note is fully paid, the
<br />following sums.
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