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IORTG�► (('� r A ('� �, This funn is Used in connection
<br />AGF ( with mortgages insured under the
<br />Loj ne- to lour•tamtly provisions of
<br />he National Housing Act.
<br />86-.. 103959
<br />THIS MORTGAGE, made and executed this 15th day of July A.D.
<br />19 86 ; by and between Junior Ray Doty and Lois A. Doty, Husband and Wife
<br />of the County of Hall , and State of Nehraska. party of the first part, hereinafter called
<br />the Mortgagor, and FirsTier Mortgage Co.
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part. hereinafter called the Mortgagee.
<br />WITNE.SSETN:'rhai the said Mortgagor, for and in considernnpn of the sum of Thirty —Six Thousand
<br />and /100--- --- --- - - - - -- ----------- -- --- -_ Uuiktrs iS 3 ,000.00 1. paid by the hfort-
<br />gagee, the receipt of which is hereby acknowledged. has Grouted and Sold and y t ese presents does Grant, Bar-
<br />gain, Sell. Convey :rod 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 Eleven (11), in Block Six (6), Koehler Place, an Addition to the City
<br />of Grand Island, Hall County, Nebraska.
<br />The Rider to the Mortgage Attached hereto and executed of even date herewith is incorporated
<br />herein and the covenants and agreements of this rider shall amend and supplement the
<br />covenants and agreements of this mortgage.
<br />of the Sixth Principal ti9erahan., conoaminr to all Acre, it,or, ing to t,oeern-
<br />ment urvev,
<br />rc) HAVE AND 170 HOLD the premt -, ahovc dcs:rhed. wish ;ill the appurtenances thereunto belonging and including
<br />all beating. plumbing anti lighting liuul es and equipment not or hereafter attached to or used in connection with Said real estate
<br />unto the Alorlgagee, and to its vucccssors ;mci assign,, lore er. The Mortgagor represents t0, and covenants with, the Mortga-
<br />gee, that the Mortgagor hats good right tp soil and convey said nreriikes; that the-, are free from encumbrance. and that the
<br />Mortgagor will warrant and defend the name against The iaw ful ciainis of all person, %. hnmsoever and the said Mortgagor here-
<br />by relinquishes all rights of homestead, nml .ail maitiaf rights, either in Law or to equity. and all other contingent interests of the
<br />Mortgagor in and to the above- described premises. The intention Fang to concv hcrel *y :ur :,,solute title, in fee simple, includ-
<br />ing all rights of homestead, smd ether rights and interest, a, aforesiaid.
<br />PROVIDED ALWAYS: and these present, are elt"itied and drll,cred upon the fnliinatng condhinns to oil
<br />The Mortgagor agiees to pit; To The Min tgagee, or order. :ht: pnnc! .al sum of Thirty —Six Thousand and
<br />no/ 100-------------------------------------- 4)ollantS 36,000.00
<br />with interest front date at the rase c! Ten pvl renlun; ( 10 1 per annum on
<br />the unpaid hi hence unit) paid the ,aid ,IIncipal ;!nd uaterr -i vwil be p ,able at the ith,:e <.,, FirSTier Mortgage Co.
<br />to 8712 W. Dodge Road, (IMha, NE 68114 -3494 or at such other mace ;is She holder of
<br />The note may designate n! ,,rut ?g, In monlhly an'tiWincnt, A Three Hundred Eighty —Six and 86/100 ------- (5 386.86 i, commencing on the fiat (iay of
<br />September ;9 86 ,:nd on tar lint d ), of c ,ch nacanit thcteaher until the principal and in-
<br />terest are fully paid, e\cei,l That the fit.n t tvmem �r neipa! .,na' inlcr,:,l t not ,00ncr ;,,lid. ,hail he :tile ;Ind
<br />payable on the het daty of August Obi all n.eord v lit the Term, of n ieit;un promis-
<br />Sory nott• of even dais herewith executed M, the said ?•t rt ;agor
<br />"a
<br />Ifie Mori voi in of ie n ,rc fully to ?rote t't.
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<br />"114+t- Privilege is resented to pay the debt, in whole or in part, on any
<br />i.ns m 1 Y.ce S3 c.
<br />t, acct f x:i, ,nd Ina :Twit T t th; mono k l lImcf1l, ...I pit aelp I toil mlere,a la L•le nndei Ill(- leans of The
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