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MORTGAGE
<br />86--, 103694
<br />This form is used in connec-
<br />tion with mortgages insured
<br />under the one- to four - family
<br />provisions of the National
<br />Housing Act.
<br />ga�nra wiuta l %j^%rc, mass ana esecuieeddctthis 8th- day of July A.D.
<br />aria',&& may alnd Gayle =K. Bradley, each in his and her own right
<br />It jW l, and State of Nebraska, party of the first part, hereinafter called
<br />Mort on, slid ' The EcILdtable 'Building and Loan Association, 113 -L15 North Locust St,,
<br />Island,; Nebraska
<br />lawsof the State of Nebraska
<br />WITNESSETH: That the said Mortgagor; for and in consideration of the sum of Fifty one Thousand Nine Hundred
<br />----- -- Dollars l$ 51, 900.00 ). paid by the Mon -
<br />0�
<br />'' sea of which is hereby acknowledged. has Granted and Sold and by these presents does Grant. Bar-
<br />0S.' Sell, Convey and Confirm unto the Mort �1 its successors and assigns, forever, the following-described real estatt. situated in the County of Hal and State
<br />Of Nebraska. to wit:
<br />Lot Fifteen (15), Block One (1), in Brentwood
<br />Subdivision in the City of Grand Island, Hall
<br />County, iiiebraska.
<br />of the Sixth Principal Meridian, containing in all
<br />meni survev:
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the ptemascs above descrihed. with all the appurtenances thereunto belonging and including
<br />all heating. plutnhing and lighting fixture, and equipment now or hereafter attached to or used in connection with said real estate
<br />'into the Mortgagee. and to its succe%sof s an' assigns, forever "[-he Mortgagor represents to, and covenants with, the Monga-
<br />gi c. that the Nurtgagor has good right io cell and convcq said premises. that thev are free from encumbrance: and that the
<br />Mortgagor will warrant and defend the same against rhr lawful claim—fall persons whomsoever. and the said Mortgagor here-
<br />by rthnqutshes all rights of homestead. and all niartrai rights, either in law or in equity. and all other contingent interests of the
<br />Mortgagor in and to the above- descnlsed premises, the intention being to tonvev hereby an ah%olute title, in fee simple, inciud-
<br />iW all rights of homestead, and other rights and interests as a +ore %aid.
<br />PROV lf)f D .-%LW AYS, and these presents are executed and delivered upon the fallowing conditions, to w•n.
<br />The Mortgagor agrees to pa y to the Mortgagee, or order. th principal sum of F' fty One Thousand Nine Hundred and`" no/100 - War-, (S 1,900.00 ),
<br />with interest from date at the rate or Nine and One Half per ceritum ( 911, %) s�rr ititgrpt ton
<br />the unpaid balance until paid The said principal and interest shalt he payable at the office of Itle Equitable t3U1 J inl
<br />and Lam'. ss
<br />Aociation
<br />I Grand Is land , Nebraska ar at alch otherp[ace as the holder of
<br />the nett may designate in writing. in monthly installments of Five Hundred Forty One and 96/1ocolls --
<br />-- Dollars ts541.96 ) contrnencing on the first day of
<br />August ' 19 86 - and tort the first day of each month thereafter until the principal and in
<br />retest are fully paid, except that the final payment of principal and interest. if not sooner paid, %half he due and
<br />payable on the first day of July, 2001 all according to the terms of a certain promi%-
<br />sory+tole of even date herewith a sec used t +v the %aid ."origagor
<br />The Mcwtgaror in Order more fully ter protect the security of this Mortgage. agrees
<br />1. Thai be will Palo the Indebtedness, as hereinbefore provided Privilege is reserved to pay the debt to whole, or to an
<br />amount equal It, Otte or more monthly payments on fix principal that arc ntxl due ton the note, on the first day of any month
<br />prior to maturity. hovrtkd, howe+ce, i hat written notice of an tntcnttun to exercise such privilege is given at least thirty (A))
<br />days polo to ureNyntt +1t.
<br />F Thai, together wtth, and in , dditiori t.,. the inonihly payments of print opal and tntetest payable under the terms of the
<br />Mgt sectired hereby. the Mortgagor - ill Pi:. 10 the Rlortgagte- on the firsi day of cisth month until the saki n+ +it is fully paid, the
<br />follmring aiterts
<br />la) Amaint suttacw%i rn pr.wulr the lw4 ice hereof with runts t• pay the r)txl worigagv Insurance t,renc:urtr if 1114,
<br />Insisacrctent .1hd the nave Wolircd heeehy ate unwred, s+, a ,rt{+nthiv �harge irn heir r q a m rrrrWe rnarnrnce r,r,-
<br />Maim it thr.y ,%ry M,;=n by the Saes - :eta :z - i+t llotvanR Anil t!ri,sn .:n
<br />+11 tt dRG+ .a !""A Ge '64a nARP o! CV" .late and rhIt - Vitir'oert4 art, toUtr. ^.j . ,� � -yi}yt t - ..r„1,' 1!t, i't,=
<br />sumx ,a than ttatn� +nail tf+tiuterig Aga- nn sn3can :? .utfn+ r „6r•i.01 e m ter ha.n -!s t tt,<-t +,au�,
<br />eF. :- ,,e„ «. c >.,�, _ • a ai,a w..,_. ,..., -,,, ...e -. ,ter., u.:.uW .a n.+.a,r,x«,s ti't' ! d F: t tF- \ F -Cttt �1vl� :t.
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