|
MORTGAGE This form is used In connection
<br />with mongpes Insured under the
<br />one, to low- family provisions of
<br />the Notional Housing Act,
<br />naQ
<br />176.P� 82
<br />THIS MORTGAGE, made and executed this 17th day of October A.D.
<br />19 86. byaudbetween Kenneth H. Tell and Jan M. Tell, Husband and Wife
<br />of ibe County of Hall and State of Nebraska, party of the first part, hereinafter called
<br />theMortp`or,aad FirsTier Mortgage Co.
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part. hereinafter called the Monp,. ee.
<br />WITNESSETH: That the said Mortgagor. for and inconsideration of the sum of Thirty Eight Thousand
<br />Six Hundred Fifty and no/100 ----- — — Dollars (S 38,650.00 ). 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 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 Seven (7), in Block Six (6), in Windolph's Addition to the
<br />City of Grand Island, Hall County, .Nebraska.
<br />The Rider to the Mortgage Attached hereto and executed of even date herewith
<br />is incorporated herein and the covenants and agreements of this rider shall
<br />amend and supplement the covenants and agreements of this mortgage.
<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 destnbed, %%ah 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 successor, and assign,, forever. the Mortgagor represents to• and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right !o sell and convey said premises: that they are free from encumbrance; and that the
<br />Mortgagor will warrant and defend the same against the lawiui claims of all persons whomsoever; and the said Mortgagor here -
<br />by relinquishes all rights of homestead. and all martial rights. either in law of to equity, and all other contingent interests of the
<br />Mortgagor in and to the above- described premises, the intention being to convey herehy 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 dad delivered upon the follow ingconditions. to wit
<br />The Mortgagor agrees to pay it) the !Mortgagee. or order. the pnnupol sum of Thirty Eight Thousand
<br />Six Hundred Fiftv and no /100-------- - - - - -- [hrllarst5 38,650.00 !.
<br />with interest ftorn date at the rate ,i Eight and One —Half per , en! unt 1 8.5 '? ) per annum on
<br />the unpaid balance until paid The said principal and interest shall he pavahle ai the olTtce of FirsTier Mortgage co.
<br />in 8712 W. Dodge Rd . , Omaha, NE 68114-3494 or at such other place as the holder of
<br />the note may designate in writing, to monthly installments of Three Hundred Eighty and 60/100 -------
<br />rkiilars is 380.60 1, commencing on the first day of
<br />December . iv 86 . and nn 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 November 2001 all according to the terms of a certain pr„ is-
<br />wry wile of even ,late herew nth executed by the said Mortgagor
<br />The Mortgagor in order more fully fo protect the secants of ihis Morlgaae. ,rates.
<br />1 That he will pay the indebtedness. as hcreinbeforc p;o ided Ml% wileg r- m7eieresd- te- tw�4he-iel -4*. 4ole,sulnau
<br />t1RwtM�yrai went+te, tite�e+toaE r#ttrairr Hie +te ew+ka flu t dale �t�wy mwuh
<br />A ` p.4. "•••.r... Ar w i bGiWC4aY• M'MteR YieAL40.3fYe.%t p , i tlF- ila5l•iiliFt •f44
<br />i Privilege is reserved to pay this d3t n'whoIe o n part, of
<br />anT installment due date.
<br />Thal, together with, and in addition to, the monthly pavmenh of principal and interest payable under the terms of the
<br />saute secured hereby, the Mortgagor will pay to the Mortgagee, on the first dal of each month until the said note is fuily paid. the
<br />1!v ?liiwrttg sums.
<br />(t!} Amount sutlictent Io pvwide the holdci iw!enf with funds tr +a_. the . +cst muttgage insurance pientium if this
<br />inatrurnent and the nine secured hetch,, are insured. of e niowhly :hdi ec im hiv ; J a mrarga7,ti mwrani r prr,
<br />rnlwro it the%- arc held by the Savefary r•I Huusing and Urban [X-velopri cni as tt:ilnws
<br />01 It And su lung at said note of evrn dale• and this instrument art instned , .1,c ;Cmsu'r= "I"i" Ow 1•i.
<br />�st.,n5 n1 the Nattor31 Ho,istnit lia r ar, stnr>etnt suffie :not t ° 3._uu1U!41C !hC L'ae;1, ,,! the ! :,d,1ei „
<br />Sr Alt (If NEBRASKA
<br />.1);141M -9 ?9
<br />�nti47trRr!r f i 1t +b v°1r "t , Hta ^r Or tntol (_4 „� =se V[ •r •t r.'>,r s,.." :4 n. ..
<br />
|