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1 71535 -1 -20 This form is useel in conttc- Lion with mortgages insured MORTGAGE under the one- to four - family provisions of the National Housing Act. 86 -, 1+7110 THIS MORTGAGE, made and executed this 9th day of December A.D. 19 86 by and between Gary A. Sydzyik; and Ca r' �,. S d ik us t d std y e, of the County of loin St3teC 3d tfrr f� r1 h1€, Hall patty, tae part. �inafter salved the Mortgagor, and FIII.ST 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 in consideration of the sum of Thirty Two Thou a� Bi Hundred Fiftattd /00 Dollars (S 128?0.00 p"° by ort- pgee. recetp o which is hereby acknowledged. has Granted and Sold and y t se presents does Grant. Bar- On. Sell. Convey and Confirm unto the Mortgagee, its successors and assigns. forever, the,following- described real estate. situated in the County of gall and State of Nebraska. to wit: Lot Seven (7), in Block One (1), in Packer and Barr's 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 including all heating, 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 Monts - gee. that the Mortgagor has good right to sell and convey said premises; that they are free from encumbran%z; 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 in equity. and all other contingem 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 Thirty wo Thousand Eight H ndred Fifty and no /100 Dollars (S 32850.00 �• with interest from date at the rate of Nine a d one t f per centum ( 9.500 %) per annum on the unpaid balance until paid. The said principal an � interests au be payable at the office of and Loan Asmociation of Lincoln First Federal Savings the note may designate or at such other place as the holder of y gna i�u lA��allments of Dollars 1S g� Hundred Forty Tll}r st day of it�F 19 87, a on t rst day of each month thereafter until the principal and in- terest are `fully paid, except itr�F al payment of principal and interest, if not sooner paid, shall be due and payable on the first day of ; all according to the terms of a certain promis- sory now of even date herewith the ortgagor. The Mortgagor in order more fully to protect the security of this Mortgage, agrees: atw poil dal to fop tytitattt, Privilege is reserved to pay the debt, in -whole of in part, on any installment due date. !her with, and in addition to, the monthly' payments of principal and interest payable under the terms of the 5y, the Mortgagor will pay to the Mortgagee, on the first day of each month until the said note is fully raid. the -4110 said so is, 0 said ttete vfFe+nrdate- attdtRe trat ra+ tent +ervrarred cram euaured-arder tile -via - ---------- vNieeter , *rrwrnernt- uthe Im"lie of *44teidereuer ft"Ason FHA -2113M wh-cm mot* uw units supWY u esnasrtsa STATE OF N- 98HASKA HUO-9 2143M t94M