This form is used in connec-
<br />tion with mortgages insured
<br />MORTGAGEunder the one- to four- family
<br />provisions of the National
<br />Housing Act.
<br />8fi-- 143953
<br />THIS MORTGAGE, made and executed this' 16th day of July A.D.
<br />19 86 , bar and belween Robert J Myers and Rebecca A. Myers, each in his and her. own
<br />�l,a� and as spouse of each other,
<br />Coh
<br />of the unly of' „ Hal l and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and 'The Hquitable`Building asld" Loan Association, 113 -115 North Locust St.,
<br />Grand `'island Nebraska
<br />a'corporation organized and existing under the laws of State of Nebraska
<br />party of the second part, hereinafter called the Mortgagee;
<br />WITNESSETH- That the said Mortgagor. for and in consideration of the sum of Ttai�n Four Thousand Ttao
<br />Htu7dled and :n /100- ---- f�>Ilars 6 24,20D 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 />gain. Sell., >Convev- 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) Block Five (5) Btarulie.Brae Additiai
<br />to the City of Grand Island, Hall County, Nebraska.
<br />of the Sixth Principal Meridian. containing in all - - - --
<br />ment survey: acres according H, Govern-
<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 `<fortgagee, and to its successors :tnd assigns. forever. The Mortgagor represents to, and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right to sell and amvev said p.rcmises; that thev 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 homesteadl. and all martial rights. either in law or in rquity, and all other contingent interests of the
<br />Mortgagor in and to the above - described premises. the mtcntion being it, cnavcy 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 an T deltsered upon the followingconditions, to wit:
<br />The ;Mortgagor agrees to pay it, the Mortgagee. r,r order. the principal ,um of
<br />Hundred and no/ 100... ___� �___�___� _____r- itr,+lar•: r 24 zof) 0ur ThOU5aIY3 TwD 1.
<br />with interest from date at the rate of Nina? and One Half per centum ( 9 p,
<br />the unpaid balance until )per annum on
<br />D' p:;id.'T'hc said principal and intere >t .half he p:;yable at the office of Tl� ��>�� Building
<br />and Loan Association
<br />to Gr Islandt Nebraska oral such other place as the holder of
<br />the note may designate to wrumg, in monthly installments of Two Hundred Three and 49/100------ -- - - -_
<br />—...__ —Dollars IS 203.49 t. commencing on the first day of
<br />Ault . 1986 . and urt the first day of eacii n,ortth thereafter until the principal and in-
<br />terest ;Ire futfv paid, cxccp tat the final payrnent of principal and interest, if not sooner paid, shall be due and
<br />payable on the tint day of July , 2016 : all according ro the terms of it certain promis-
<br />sory nine of even date herewith executed t y the said Mortgagor
<br />"It Mo419-191tr in order more fully to protec r the securuy of this Mortgage. agrees:
<br />1. That he will pay the indebtedness, a,, herembefore prootded Pirvdege is reserved to pav the debt in whole, or in an
<br />amount equal to one or store monibly payments on the princ.tp :d that are next title on the note, on the firm day of any month
<br />prior u, malurtty: f'ravtderf, howe,cr- Him writren notice of au, inicnnon to excrcisv x1101 prepayment, ptivdeg
<br />ddays pffor to e is given at least thirty (30)
<br />ill tt. together w,th .and in i,id0ion tc. the mor•thls pavnienu. of pro opal mioj tntrest payable Hader the terms of the
<br />ruffle tco urea heretrv. the Moargago it ,,.;; Y - the vttu }f it.er. on the li;';t etas , f c i;:h month unit; the san'i note is fotlly pai.i, lite
<br />following surete'
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