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MORTGAGE This it m i used in connection I
<br />with mortgages insured under the
<br />one- to four- tamity provisions of
<br />103920 the National Housing An.
<br />16—
<br />THIS MORTGAGE. made and executed this 15th day of July A.D.
<br />1986 ,by and between DEHN A. RENTER AND BARBARA A. RENTER, HUSBAND AND WIFE, AND ARNOLD
<br />o AND I#INDA 4 WF.NN, HUSBAND AND WIFE AS NAN�SN hiN COtIIi�N
<br />1 ounty a and , fate o e raska, par y of the first part, hereinafter called
<br />Ow Mortgagor, and HALL
<br />NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION
<br />a corporation organised and existing under the laws of THE UNITED STATES OF AMERICA
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETNi That the said Mortgagor, for and in consideration of the sum of FORTY SIX THOUSAND F7hVT�
<br />HU%RED AND INO�OR -- — -- -- — -- - -- --.— Dollars (5 4d6 5gh0 00 ), paid by i e . lort-
<br />gagee, t receipt a w tc is hereby acknowledged. has Granted and Sold an Liy e'se presents does Grant, Bar -
<br />gain Sell. Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described
<br />real estate, siticited in the County of HALL and State
<br />Of Nebraska, to wit:
<br />LOT FIVE (5), BLOCK TWENTY FIVE (25), PACKER & BARR'S SECOND ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />THE RIDER TO THIS MORTGAGE ATTACHED HERETO AND EXECUTED OF EVEN DATE HEREWITH
<br />IS INCORPORATED HEREIN AND THE COVENANTS AND AGREEMENTS OF THE RIDER SHALL
<br />AMEND AND SUPPLEMENT THE COVENANTS AND AGREEMENTS OF THIS MORTGAGE.
<br />of the Sixth Principal Meridian, containing in all city lot
<br />mew survey:
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereutlo 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, e.itheT in law or in equity, and all other contingent interests of the
<br />Mortgagor in and to the ahnvc- described premises, the intention being to coney hereby an absolute title, in fee simple, includ-
<br />ingall rights of homestead. and other rights and interest, as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed And delivered upon the following conditions, low it:
<br />'T'he Mortgagor agrees to pay to the Mortgagee. or order, the principal sofa of FORTY SIX THOUSAND FIVE
<br />HUNDRED AND 00 /100--------------- - - - - -- -- Dollars ($ 46,500.00
<br />with interest front date at the rate ut TEN pet '�iii1urn ( 10.000 'Al ) per annum on
<br />the unpaid balance until paid. The said principal and intefest shall he payahie at the office Of NORWEST BANK
<br />NEBRASKA, NATIONAL ASSOCIATION
<br />In GRAND. ISLAND NEBR�SKA or at such Other place as the holder of
<br />the tole may designate m wr; in,,, in nionfhly insta menu of FOUR HUNDRED NINETY NINE AND glace
<br />-- --- -- -- ---- ----------- - -- --- Dollars (S499.69 i, commencing on the first day of
<br />SSPTEMB RII 1086 . and on the first day of each month thereafter until the principal and in-
<br />terest are fully pat excep t at the final payment of principal and interest. if not sooner pa4 shall he due and
<br />payable on the first day of AUGUST 2001 AIt 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,ecurity of this Mortgage. agrees:
<br />I. That he will pay the indehtedness, it,, heremhefore provided. Privilege is reserved to Niy the dcht in whole, of in An
<br />amount equal to one ar more monthly payments on the principal that are nevi due on the note. on the first day of any month
<br />prior to maturity: Provided, himetci, That written notice of an Intention to e+ercise such privilege a given at least thirty 00i
<br />days prior to prepayment.
<br />2. That, together with, and in addition to, the monthly payment, of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgatvot will pay to the Mortgagee. on the first day tit each month until the said note is fully ptiid, the
<br />following sums-
<br />(A) Amount ;ufficienl ui pnronfie the holder tierei_�f with funds !a Iraq the „urt in1u1gage IIISWAnce picnnunr ;I tilts
<br />rnilnnrterrt and tilt• n r ';wren hewlry LmL ntsured. iii a n,-mtniy ch.uEe till rtt'u ,il a 'norr,eaxr mAlif'arirr tirs-
<br />rrfhuar; it ! . art' bald by Ihr k :tctaiv i'l iloustny .utif (,I 1;m Ikvellillwe w as l�dlmvc
<br />i} If :aril sit hmr k' "jid n tv ,-1 a wl '!al, and :his 't"ni.wncm -,re uvsun d :•t .tip• ru_isu ed mldv' the p!,,,
<br />vi'w - i( _,h ,.l.'mai II w" I, v 1rt. ui .w! ,r;t11, "w te. r ... +..auate .e ;Its h. rzcta ill 'ice 1 -1dr, ,vii.
<br />S` Al E ran Ni BRASKA
<br />of T,f 9r,a+5 1 iiRA . 1.;'vt. - Fr'... ,.....1,9r ilk
<br />C.
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