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86-- 106041
<br />MORTGAGE This form n used r ee�thn
<br />with mortyy>es Insured under the
<br />one- to four- farnity provisions of
<br />the National Housing Aet.
<br />TH15 MORTGAGE, made and executed this 21 at day of October A.D.
<br />19 K . by and between PAUL A. MEYER AND LYNETTE A. NEVER, H058AID AND WIFE
<br />of the County of HALL , and State of Nebraska, patty of the first part, hereinafter called
<br />the Moortgagor, aitd m ulaR MORTGAGE, INC.
<br />P.O. MR 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 />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Thirty Eight sand Ni
<br />HtBtdred Fifty and No/ 100ths- -- --------------------- -- ------ Dollars (S 38,950.009Mort-
<br />8agee, 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 THIRTY ONE (31), BACK FIVE (S), IN MORRIS THIRD ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br />COUNTY, lE8RA5KA.
<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 fighting 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 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
<br />Hundred Fifty and No/ 100ths------------------------ - - - - -- Dollars 4S Thirty Eight Thousand, Nine
<br />38,950.00 l•
<br />with interest from date at the rate of Ten per centum ( 10.000 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of
<br />SUPERIOR MORTGAGE, INC.
<br />P.O. BOX 2008
<br />in GRAND ISLAND HE 68802 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of ,,A gt 1
<br />Dollars i5 Three Hundred Forty -One laCUtntriC�Ci�iCrirsi aay of
<br />---- °---___�---- --- --------- °- 341 81
<br />der 19 6, and on fie first day of each month thereafter until the principal and in-
<br />terest are fully paid. except thatfte Itr& payment of principal and interest• if not sooner paid, shall be due and
<br />payable on the first day of yen 6 ; all according to the terms of a certain promis-
<br />sory note of even date herewith exccuty tie Laid 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. f <Illtf!lttYiFtttttYttittittlRts
<br />"Privil P, reserved debt, in tdtole or in part, on any installment
<br />d- 20aft"
<br />. together with, and i he m�ts 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 paid, the
<br />following sums:
<br />7
<br />AIDE xx
<br />Xx
<br />STATE OF NEBRASKA
<br />N¢H79'- 14314219 741
<br />Riplacar FHA- 2143M, Whwh Mw es used Uatd Suprsiv M £.t�wu ttMi ^. 14
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