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theteongagor,arro The NqultabW` SUllgl>iy am iioan Hsavciauvay. a as —ii a7" `A'
<br />t3rand land, Nebratzkit ...
<br />a corporation organized and existing under the laws of the State Of Nebraska
<br />party of the second part, hereinafter called the Mortgagee.
<br />WITNFSSETH: That the said Mortgagor, for and inconsideration of the sum of Thirty Thousand Eight Hundred
<br />Fifty and no/100 -- --- -cellars (S 30, 850.00 ), paid by the Mort-
<br />gagee, the: receipt -W which ,is hereby acknowledged, has Granted and 'Sold' and °by-these presents does Grant, 'Aar -
<br />gain, 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 />Lot Forty Six (46), West Heights Addition to the
<br />City of Grand Island, Hall County, Nebraska.
<br />of the Si)CtRPrtncipaf Meridian, containing in all — --- acres according to Govern-
<br />mentsurvey:
<br />TO HAV F 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 premises; that they are free from encumbrance; and that the
<br />Mortgagor willwarrant 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, 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 rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order. the principal sum of Thirty Thousand Eight Hturlred
<br />Fifty and no/ 100------- -------- -_-- ----- Douars ($ 30, 850.00 ),
<br />with interest from date at the rate of Nine and One Half per cent um ( 9� %) per annum on
<br />the unpaid balance until paid. The aid principal and interest shall he payable at the office of The Equitable Building
<br />and Loan As cciat� qt
<br />m l aI1 thoLnd, Nebraska or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of TW Hundred Fifty Nine and 40 /100- - --_ --
<br />_. —Dollars ($ 259.40 i, commencing on the first day of
<br />August . 11) Wand on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall he due and
<br />payable on the first day of July, 2016 , all according to the terms of a certain promis-
<br />sory cote of even date herewith executed by the •,aid Mortgagor
<br />'The Mortgagor in order more fully 10 protect the security of this Mortgage. agrees:
<br />1. 'That he will pay the indebtedness. as hereinbefore provided. Privilege is reserved to pay the debt in whole., or in an
<br />amount equal to one or more monthly payments on the poncipal that are next duc on the note, on the first day of any month
<br />prior to maturity, Ihavidcd, howeter, "That written notice of an intention to exercise such privilege is given at least thirty (10)
<br />days prior to prepayment.
<br />'That, together with, and in :addax?n to, the monthly payment, of principal and merest payable under the terms of the
<br />note secured hereby. the Mortgagor will pay to the Mortgagee, on the firs day of each month until the sai8 note is fully paid, the
<br />following sums;
<br />ra) U u:nt suiticicnt to ;+tocidc die holdcl heFt -1 with hinds t„ pay the next nnmigage insurance premium it this
<br />morurnent and the note w,ured herchy are insured, or a monthly charge -m lieu r)f a mortg%lvt, in.nuurwe pru-
<br />rmurtr; it they are held by the Sc ictary ni Ilotrsingand L'r'aan Devektpmcut, as follows
<br />[tl
<br />It ari'd nu 1'S;, aw uvrl r ;utp ,4 even date and Of I, n:st: tinter- ;n11ti,',# „t ae n•d uuder the f,,,�
<br />lisitiim of tfu N"ita+f,wt Itt usulp Ara. c<n mnaunt ,oll;cwri i,, a:cu,nutatc in Ow kaozh „t the holds: cinc
<br />•tFc : +a -+s? 1S41E., , ...,. ... ..,w.:t ., .,[moray ,s «xna,,,tc„ �411'ATE: t)E F� SI
<br />?ill U -ti:' i
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