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This form is used in connec- <br />tion with mortgages 'insured <br />MORTGAGE under the one to four - family <br />provisions of the National <br />Housing Act. <br />86--- 103889 <br />THIS MORTGAGE. made and executed this 11th day of July A. D. <br />19 , 863 . , by and between Garrett L. Mostek and Dora A. Mostek, each in his and her ewn right <br />ofxotainty Hal o each other, <br />` and State of Nebraska, patty of the first part, hereinafter called <br />the Mortgagor, and The Equitable Building and Lean Association, 113 -115 North' Locust St., <br />G ram Island, Nebraska <br />a corporation organized and existing under the laws of the State of Nebraska <br />party of the seeandpart. hereinafter called the Mortgagee, <br />WITNESSETN: That the said Mortgagor. for and in consideration of the sum of Terity TWO Thousand Six Hundred <br />and no /100 -- -- — _------------ ---- -- :dollars i$ 22, 6011.00 ). paid by the Mort - <br />gagee. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar - <br />pin. 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 />The Easterly 140.0 feet of Lot Three (3), except the <br />Northerly 80.0 feet thereof, of the County Subdivision <br />in the SWk of Section 19, Township 10 North, <br />Range 11 West of the 6th P.M., in Woad River, Hall <br />County, Nebraska. <br />of the Sixth Principal Meridian. containing in all _--- ------ acres according to Govern- <br />ment survev: <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 premise%, that they are free from encumbrance; and diiai the <br />Mortgagor will warrant and defend the same against the lawful claims of :dl 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 %iglus end interests as aforesaid. <br />PROVIDED ALWAYS, and these presents are executed and dchiered upon the following conditions, to wit: <br />The Mortgagor agrees to pay to the RlortP; Lgee, or order. the principal sum of TWeri Two Thousand Six Hundred <br />and no/ 100----------- _,_____�— _---- - - - - -- Dollars 1$ 22,6.00 1. <br />with interest front date at lire rate of Nine and One Half per ccnlum ( 9� 5,) per annum on <br />the unpaid halance until paid. The ,aid principal and interest shall be payable at the office of The Equitable Building <br />and LcanAsy miat' <br />in Gram Islam Nebraska or at such other place as the holder of <br />the note may designate in writing. in montftly installments of Two Hundred Thirty Six and no /100-- --- - -- <br />-- 236.00 ) c.omrneucnlgon the first day of <br />August 1486 . and on the first day of each month [hereafter until the principal and in- <br />terest are fully paid, exce that the final payment of principal and interest. if not sooner paid, shall he due and <br />payable on the first day of July, 2001 all according to the terms of a certain promis- <br />sory note of Bien date herewith executed by the ,aid Mortgagor. <br />The Mortgagor in order mane fully to protect the security of this Mortgage, agree, <br />1, That he will pay the indebtedness. as hereinbefore provided trivilege is reserved to pay the debt to whole, of in an <br />amount equal to tine or iuore monihly payments tin the ptincrpal Thal lie flux' due on the cote, on the first day of any month <br />prior ro rnaturily: Provided, however. 1-hat 'A title" not"t of an intention to exercise such privilege is given at least thirty om <br />days prior to prcp:ayntent. <br />Chat. together with ;ind in iddirion to, the f ionthly payments (if t rinc'pal and nucrr,t payable under the terms of the <br />note secatitd hcrehy.. the Pt,)rtyag will pav lu the M1ta +rtt at,ce. tin the fnt d r; of cast month until the said note i, fully paid, the <br />following sums - <br />f;,) Arimini sonnies =rna ;u ht, »idu rhvl ht t""'r hera,t waih hinds to pay ncc aaex: ,nortuagc irasaaraatcc prennaa'u tf tiro <br />nistsu,raunt ant :he erne kuucd herel,y me :, ,,:red, o a uu,nihly "harge /rn hr's ota »rr rrrrar in.nrRinrr �arr- <br />nirunei it they arc l:fbg I,s lire tii'crr to =w• of Hou:une sad I.0,;ol lkwrlopnivol., as follows <br />{11 I! an;t lane :d -r tr :_! r'so,a ,;., b' and :his m,_ruu,r.w , w r,� !a O .a o, . ,. c•.i ;,,.! ..., <br />�i4azto..,t !hv° asU t,.a Il?t,ailtp Act. all :tR7railt,l ba,tftC cni w ,i.,,,,aata l: w Il,¢- ,a 'hr <br />S�t � ?'F' +il'vf'.fittAShA <br />W1 <br />