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r86— 104156 r—
<br />This form rs used in :onaechon�
<br />MORTGAGE one. mortgages insured under the ;
<br />{ one. to four family Provisions of i
<br />the National Housing Act, f
<br />THIS MORTGAGE. made and executed this 25 th day of July A -D.
<br />19 86 by and between GERALD GRAHAM AND REBECCA GRAHAM, HUSBAND AND WIFE
<br />of the County of HALL_ . and State of Nebraska, party of the first part. hereinafter called
<br />the Mortgagor. and SUPERIOR MORTGAGE, INC.
<br />P.O. BOX 2008
<br />GUM ISLAND, NE 68802
<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 in consideration of the sum of Twenty Seven Tho
<br />Hundred and No/ 100ths-------- --------- ----- ------ ---- -- --- -- Dollars rc 27,200.00 uT �i!rrid belie Mort-
<br />gagee, the receipt of which is herchv acknowledged. has Gr. and Sold and by these presents does Grant. Bar-
<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 wir
<br />LOT FOUR (4), IN BLOCK ONE HLMDREV THIRTY TWO (132) IN KOENIG AND WIEBE'S ADDITION TO THE CITY OF
<br />GRAM ISLAND, HALL COUNTY, NEBRASKA.
<br />of the Sixth Principal Meridian. containing in :ill
<br />ment survey:
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the premise, above described, with all the appurienan es thereunto belonging and including
<br />all heating, plumbntgand 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 iepre,ents its. ;md covenants with, the Nlortga-
<br />gee, that the Mortgagor ha, good right !o self .:,id conyel said premises: that the% 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 mania: rights. either in ftot or in equity. and all other contingent interests of the
<br />Mortgagor in and to the above - described premises, the intention being to con: ey hereby an absolute title, in fee simple. includ-
<br />ing all rights of homestead, and other rights and interest, as aforesaid-
<br />PROVIDE]) ALWAYS. and these present, are executed and delivered upon the foliowing conditions. to wit:
<br />The Mortgagor agrees to pay to the Mortgagee. or order, the principal sum of Twenty Seven Thousand, Two
<br />Hundred and No/ 100ths----- -- ------- --- ------ ------- - - ----- Dotlar,iN 27,200.00
<br />with interest from date at the rate oI Ten per centurum ( 10,000 1 1 per annum on
<br />the unpaid balance until paid The said principal and interest shall he payahle at the office of SUPERIOR MORTGAGE, INC.
<br />P.O. BOX 2008
<br />in GRAND ISLAND, NE 66602 or at such other place a. the holder of
<br />the note may designate in writing. in monthly installment, of Two Hundred Thirty -Eight and 70/100ths -----------
<br />------------------------------------- Dollars i S 238.70 !, counntencing on the first day of
<br />September . 19 86 . and on the first day of eat h 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 August, 2016 all 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 security of this Mortgage. agrees:
<br />I. That he will pay the indebtedness, as hereinhefore providetL)UIXXilkWAltXKXd
<br />Xk% NWWIRXXUDKl1lAXffl tNX ^Privilege s reser t ay debt, in whole or in part, on any installment
<br />due date." _ -3 —
<br />'-. That. together with, and inaddition to. the trionlith pavments of pimopal and interest payahic under the terms of the
<br />note secured herchv. the Mortgagor will p:n to the Mortgagee, on the htst day "f each nmrnth unlit the .aid ante• is fu!ic paial, the
<br />following sums:
<br />AN V ti"iX"ultltfitHitlCftukf ?tkiti"tXZ�. XJ RNiIk`,t'rcx1 A*ifX�'X�1 k.!
<br />xn txxxxx)bx�tl anitAkifkxnxax Axuxaxxxx�+X�txtff��t� Xnk19tXWXX (It n xxst '�+zM)kliafr xxxklkx
<br />STATt q1 n£nnAtiKA
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