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<br />MORTGAGE wits form is used in Connection
<br />with mortgages insured under the
<br />one- to four - family provision of
<br />the National Housing Act.
<br />THIS MORTGAGE, made and executed this 31 at day of July A.D.
<br />19 by and between CARL L. '14AYWAI AND SUSAN; A. MAYHEM, HUSBAND AND WIFE
<br />of the County of HALL and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor. and SUPER loot WRTGACE, INC.
<br />P.O. 80x :2008
<br />CUM ISLAND, NE' 68802
<br />a corporation organized and existing under the laws of THE STATE OF NEBRASKA
<br />party ofthe'secondpart, hereinafter called'the'Mortgagee,
<br />WITNESSETHc That the said Mortgagor, for and in consideration of the sum of Fifty Three Thousand One
<br />Hundred Fifty and No/ 100ths-------------------------- - - - - -- Dollars (5 53,150.00 ).j0d 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, ,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 TEN (10), SPELTZ- SCHULTZ ADDITION TO THE CITY OF GRAD ISLAND, HALL COUNTY, NEBRASKA.
<br />of the Sixth Principal Meridian, containing in all acres according to Govern-
<br />ment survey:
<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 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. 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 coney 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 Fifty Three Thousand, One
<br />Hundred Fifty and No/ t00ths-- -- ------ -------------- - - - - -- Dollars 0, 53,150.00 1•
<br />with interest from date at the rate of Ten per cenlum ( 10.000 ) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of SUPERIOR MORTGAGE, INC.
<br />P.O. BOX 2008
<br />in GRAND ISLAND, NE 68802 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of F r Hundred Sixty-Six and 43/100ths-------------
<br />------------------------------------- Dollars (5 466.9 I. commencing on the first day of
<br />September , 19 86, and on the first da% 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 be 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 />1. That he will pay the indebtedness, as hereinbefore. provided. )k(jO X 1(j( (�JUtdjX)ijt fX
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<br />due date. reserved o pay dabs, in whole or in part, on any installment
<br />2. That, together with,kattAt thon to he mont v payments of principal and interest payable under the terms of the
<br />E [tote secured hereby. the Mortgagor will pay to the Mortga
<br />following sums: gee, on the First day of each month until the said note is futh paid. the
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<br />STATE OF NEBRASKA J
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<br />RoPieces FHA-2143M. Wh,ch M,av Be Lhed Liwd %,i4Ay is Exhausted i i . ; A" - >'
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