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86- t15D8
<br />MORTGAGE This tarn, is used r connection
<br />the
<br />with mortgages insured erode' the
<br />one- to four - faintly provisions of
<br />( the National Housing Act -
<br />THfS MORTGAGE, made and executed this 18 th day of September A.D.
<br />19 88 ,by and between WILLIAM J. LAWTON AND MAKIA J. LAWTON, HLI,SBAND.;ANO WIFE
<br />of the County of HALL and State of Nebraska, patrty of the first part; hereinafter called "
<br />the Mortgagor; and SUPERIOR MORTGAGE, INC.
<br />P.O. BOX 2008
<br />GRAND 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 />W ITNESSETH: That the said Mortgagor, for and in consideration of the sum of Seventy. Thousand, Seven
<br />Hundred and No/ 100ths ----------------------------------- --- Dollars to 70,700.00 i; 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 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 />ALL OF LOT THREE (3) AND THE NORTHERLY FIFTEEN AM FIFTY-TWO ii1NDREDIM FEET (15.521) OF LOT FOUR
<br />(4). W'OLFE' S SUBDIVISION, IN THE CITY OF GRAND I StAMD, HALL COLIN Y, NEBRASI@t.
<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 tcluding
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with sari real estate"
<br />unto the Mortgagee, and to its successors and assigns. forever. The Mortgagor represents to, and covenants with- the Moalga-
<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 is homsoever: and the said `Lfo tgagarhere-
<br />by relinquishes all rights of homestead, and all martial rights, either in law or in equity, and all othercontingent interests of the
<br />Mortgagor in and to the above - described premises. the intention being to convey hereby an absolute title, in fee simple. ittchrd-
<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 Seventy Thousand, Seven
<br />Hundred and No/ 100ths------ ------------ ------- ----- ---- --- Dollars(; 70,700.00
<br />with interest from date at the rate w Nine and one half pet centurn 1 9.SW I per annum on
<br />the unpaid balance until paid. The said principal and interest shall bt payable at the ofhce 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 Seven Hundred Thirty -Eight and 27/100ths--------
<br />°-- - ---------- --- -- --------- -- - - ---- Ihollars f; 738.27 1_ commencing on the first day of
<br />November , 19 86. and on the first day of each month thereafter until the principal and m-
<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 October, 2001 - :ail according to the terms of a certain promi.-
<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.
<br />xtEbULwOli4lDwNgt � �X
<br />NW 'Privtl reserved to pay debt, in "hole or in part, on any installment
<br />drm date."
<br />2. That, together with. and in am5iVto. the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee, on the first day of each month until the said note is fully pall, the
<br />following sums:
<br />( tiULXX7PM101hKNitxlLgl (IUUtMxxl6X(IIMxWIOkXMititAxlil
<br />ItulaUtiMfULM1t) iNlDf> dwKJtlfdlJd( Y04KYdh�tltlOfdNytx�NU�ilS1Ei [IOLI(X�IxX�I� iYkAX�y>IBUtx
<br />R1idWGl)< xkT3XOdt�+ xxottie9tlblKlLtetfilacxCfOmgt7uc6tibDtmr�l> rnxDtlCXitxfDilNnweXwpintiOltK )CItlf50uUtVtxxx
<br />kkkxxxxldbirills'1<> Itk�uotax�o�fAXlaoDatltk�ar�ctutrtlutitltl�ixMlmaazoLUxlntttluxxlDaomLltar�ait�utaca�ptaztttoxs�icxzla�txxiDCap� [xx
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<br />STATE rrF NEBRASKA
<br />-tssr tats( a
<br />Rgt,i :er.£HI>r 21A A. Wf,,O, May Be itcmi Ilnra Sunoty'f IC hauxutl 7 Ct __ -u
<br />s.
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