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71515 -1 -20 This form is used in connec- tion with mortgages insured MORTGAGE under the one- to four - family provisions of the National Housing Act. .86-107019 THIS MORTGAGE. made and executed this 5th day of December A.D. .19 86 by and between Alvah C. Stahlnecker I I anld Jud K. Stahl cker, husbagd and wife o t �ech in t i own [Att� of the County of Hall- . ; tat o a. party the Mortgagor. and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN a corporation organized and existing under the laws of The United States of America party of >the second part. hereinafter called the Mortgagee. WITNESSETH: That the said Mortgagor. for and inconsideration of the sum S Forty Seven Tt�ousa tdy Tu Hundred Fif and no�l(0 47�50.00 Pat° the ort- gagee, t1 receipt o w kh is hereby acknowledged. has Granted and Sold and by tff-ese presents does Grant. Bar- pin. ; Sell. Convey and Confirm unto the Mortgagee. its successors and assigns. forever. the following-described real estate. situated in the County of Hail and State of Nebraska. to wit: Lot'Nineteen (19), Buhrman Subdivision, an Addition to the City of Grand Island, Hall County, Nebraska. of the Sixth Principal Meridian• containing in all city property acres according to Govern- ment survey: TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belonging and inducting all beating, 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 convey said premises: that they are free from encumbrance: and that the Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever; and the said Mortgagor here- by relinquishes all rights of homestead. and all martial rights. either in law or to equity. and all other contingent interests of the Mortgagor in and to the above - described premises. the intention being to convey hereby an absolute title, in fee simple, includ- ing all rights of homestead, and other rights and interests as aforesaid. PROVIDED ALWAYS. and these presents are executed and delivered upon the following conditions. to wit: The Mortgagor agrees to pay to the Mortgagee. or order. the principal sum of Fort Seven Thousand Two Hundred Fifty and no /100 DollarstS 472y 50.00 with interest from date at the rate of Nin nd one }} �a�fj per centum ( 9.500 `f0) per annum on the unpaid balance until paid. The said principal an interests shaifhe payable at the office of First Federal Savings and ° Loan 4nsoeiation of Lincoln or at such other place asz the nholder of the note may designate in1r�iFIf4 4mc*@*ffi t @ments of 3 trgg Hundred Ninety).U}jNn ott�uirhl's4 day of Dollars iS • F 19 8, -And on st day of each month thereafter until the principal and in- terest are fully paid, except tar"a payment of principal and interest. if not sooner paid, shall be due and payable on the first day of 91]17 : all according to the terms of a certain promis- sory note of even date herewith ej the s3&Z"gagor. The Mortgagor in order more fully to protect the security of this Mortgage, agrees: , .. IT 'Rat ete arftneinbefowp o i ided. P.ivile, isteservertto "Pty'- the-debt in aheFr, ar iftim ��....i = -- °= = - —•� -. -aw" ffireemthe+relren thr$rstdey- efyttf�nienlh rrj® fMIMaIYIN�!' �iMYI/ lfi�ItSM�N'! 1? tMFM7lAOR '�rtewrurn�sm,onmcnsTC.ac n....., y... .., r.y.. - -_� .- �yFef�y, i'rivilege is reserved to pay the debt, in who a or in part, on any installment due date. 2. That, together with. and in addition to. the monthly payments of principal and interest payable under the terms of the :tote secured hereby. the Mortgagor will pay to the Mortgagee, onlhe first day of each month until the said note is Cully paid, the y foflowing sums: (N-- @o F1vPvj& tihe i rokerheree+hwids fsnda-te- paTyhe next -meregsgtrinsnea ce pmmunrif this iiattcwwt -md-*A iwN+awt�i- Mu�-nrs- iasw�i.�► k" ofo+trortgsllw Mt *iy em fteli by 6e IiedrOn of Noweing! eMate-Herek+p*tewhwtk+liewsr----------------- d " 'latg as'ew'rteKS-tihe+etrdale rid -thin xwtrumee tare- ntsured errtte7einanted-+enderthrpret' '+ ---- - ----- oj�- Ae0, im +metiew .ift 0 W WHis 8 1 1A eitddcrenr ;y�.� fl1 VM which mrr to used a +t.1 supov .s exnaustsd "PATE OF Ylgf$MA3UA —��. _! HUD-92143M (9 -79)