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<br />MORTGAGE with form is used under the
<br />with mortgages insured under the
<br />' one - to four - family; provisions of
<br />the National Housing Act...
<br />Mid
<br />THIS MORTGAGE, made and executed this 25 th day of November A.D.
<br />1996 by and between LESTIM G. HUSTED AND CINDY K. HOSTED, HUSBAND AND M I FE
<br />of the County of HALL and State of Nebraska, party of the first part, heremafler called
<br />the Mortgagor. and SUPERIOR MORTGta INC.
<br />P.O.' eu ,"S"
<br />GRAND ISLAND, WE 6111102
<br />a corporation organized and existing under the laws of THE STATE OF NEBRASKA
<br />party of the second part. hereinafter caged the Mortgagee,
<br />W1 SETH That the said Mortgagor. for and inconsideration of the sum of Forty Three Thousand Fifty
<br />aad___•-°•------__ __•------- °------- --••-- ------- Dollars l5 43,050.00 ).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 SEVENTY (70), LE HEIGHTS FOURTH SUBDIVISION, A TRACT OF LAND COMPRISING A PART OF THE EAST HALF
<br />OF THE NORTHWEST QUARTER (E1 /210N1/4) OF SECTION ELEVEN (11), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN
<br />(10) WEST OF THE 6TH P.M., 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 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 Forty Three Thousand Fifty- -
<br />and No/ 100ths--------------- --------- --- ----------- -- - -- --- Dollars (S 43,050.00, ),
<br />with interest from date at the rate of Nitre and one half per centum ( 9.500 o) 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 />P.O. Box "S°
<br />in GRAND ISLAND, WE 6111902 or at such other place as the holder of
<br />the note may designate to writing, in monthly installments of Three Hundred Sixty -One and 99/100the -----------
<br />••'•� - °" -------------- Dollarsg 361.99 ), commencing on the first day of
<br />January . 19 - and on the first day of each month thereafter until the principal and in-
<br />terest., are fully `paid, except that Decmce 'payAjT of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of r, : all according to the terms of a certain promis-
<br />sory note of even date herewith executed bydhe;said Mortgagor.
<br />The kortgagor io order more fully to protect the security of this Mortgage agrees:
<br />I day of each month u
<br />(sew
<br />,am'insGlTMnt;
<br />sic tinder the terms of the
<br />said note is fully paid, the
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<br />STAR OF NEBRASKA
<br />loam 4214,10A (v - llJ)
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