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104408
<br />MORTGAGE This form is used r Connection
<br />with mortgages insured under the
<br />one- to u
<br />hour -nity provisions of
<br />she National Hawing Act.
<br />THIS MORTGAGE, made and executed this 4th day of August A.D.
<br />19 86 by and between Silly Duane Jussel and Betty Jane Jussel., 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 />a corporation organized and existing under the laws of the 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 Thirty Nine Thousand
<br />Two Hundred and No /100ths — Dollars (S 39, 200.00 ). 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. Convey and Confirm unit) 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 />The West Seventy Seven (77) Feet of Lot Two Hundred Twenty Eight (228) in
<br />West Lawn, an Addition to the City of Grand 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 right to
<br />good sell and convey said premises: that they are free from encumbrance: and that the
<br />fix=
<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 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 Thirtyy Nine Thousand Two
<br />Hundred No /100ths
<br />and -- -- --- Dollars 1S 39, 200.00 f.
<br />with interest from date at the rate of Nine and One -half per centunl ( 9.5 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 />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 Three Hundred Twenty —Nine and 61 /100ths-
<br />_ -- - -- Dollars tS 329.61 1. commencing on the first day of
<br />October, . 19 86 and 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 September 201ra 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 hereinbefore provided. KMJ4LE K E?fttF 2iKiE t? Eititi9itQfjxtj4$ONWNTO- W
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<br />�'xR°�ft9t�itx "L'rivj� a is reserved to pay the debt, in whole or in part, on any
<br />ins" f to
<br />a iRge erewt t
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<br />, t and m(m p tls of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay it) the Mortgagee, on the first day of each month until the saizi Wort is fully paid, the
<br />following sums:
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