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R 86- Ea104709 MORTGAGE. 321 1099027 This form is used in conneetinn with mortgages insured under the one• to four - family Provisions of `t{hhe National H,00u/sii�nggg Act. V V'r'r' I = W THIS MORTGAGE, :Wade and executed this 14th day of August 1986 .by and between Steven E. Morris a single person of the County of Ha 11 and State of Nebraska, party of the first part, hereinafter called the Mortgagor, and Occidental /Nebraska Federal Savings Bank a corporation organized and existing under the laws of Nebraska party of the.second part, hereinafter called the Mortgagee, WITNESSETH: That the said Mortgagor. for and in consideration of the sum of Thirty Five Thous a�td Dollars ($ 3 55%.00 ), pat by the Mort - )?ivt =_ Hutrdred and no/100 -------------------------- b he Mort- gagee. the receipt of which is hereby acknowledged. has Granted and Sold and y t se presents does Grant. Bar- pin. Sell. Convey and Confirm unto the Mortgagee, its successors and assigns. forever. the fotiowing- described real estate, situated in the County of Hall and State of Nebraska. to wit: Lot Twenty—Mine (29), in Villa Mar Dee Subdivision, Hall County, Nebraska. of the Sixth Principal Meridian. containing in all acre, atccerrding to Govern- - meat survey. TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belonging and including all heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mortgagee, and to its successors and assigns. forever. The Mortgagor represents to, and covenants with. the Mortga- gee. that the Mortgagor has good right to sell and conve) said premises: that they are free from encumbrance; and that the Mortgagor will warrant and defend the came against the lawful claims of all persons whomsoever: and the .said Mortgagor here- by relinquishes all rights of homestead. and all martial rights. either to law or in equity, and all other contingent interests of the Mortgagor in and to the abuse- d€s,nhed premise,. the intention being to .onset/ hereh) an absolute title, in fee simile, includ- ing all rights of homestead, and other rights and interests a • aforesaid. PROVIDED ALWAYS. and these presents are executed and delivered upon the following conditions. to wit: The Mon +agor aeree, to pay to the Mortgagee. or order, the principal sum of Thirty Five Thousand Five Hundred an no% 100---------- ------ ----- --- ------- -titdlanis 35500.00 Nine with interest liotn date at the rate (A pet cewuni ( 9.000 I Per annum on the unpaid halance until paid. ]'he said principal and interest shall he payable at the office of Occidental /Nebraska Federal Savings Bank mOmaha, NE 68144 a .it such otter place a, the holdrr of the note ma) designate in writing, in monthly tmtallments of Three Hundred Sixty and 07/100 Dollar, is 360.07 t, commencing on the first das of October . 1186 , and on the lust &iy of each month thereafter until the principal and in- terest are fully paid. exccpt that the final payment of principal and interest. if not sooner pail, shall be due and payable on the first day of 6ep temher 21301 ill according to the terms of a certain promr,- sory note of even date herewith executed by the *aid Mortgagor. The Mortgagor in order more fully to protect the security of this Mortgage. agrees 1. "at he will pai the indebtedness, as heretnbefore provided. K= W1184 WC11111111111011111CAMPOR thingvel Privilege is reisin -ved to pay the debt, in Whole or in parr, can Any imtallment due date. 2. That, together will+, and in addition to, the monthly pavmtnts of principal and interest payable uoder the term, of the nout secured heraby, the Mortgagor w111 fps to the Mortgagee, on the first tin% of each monib until the sail+ nose tv fully paid. the '°' folttrwingvums VW tN9(itftll 1A�� %l Atf tat NtnHA%KA rtcAe rr'ri T Mf #, 'f4i #.r -A., 4 y-