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<br />MORTGAGE
<br />TMISMOWMAMiTuideandviecuiedithis 31st day of der ,D_
<br />1 85 by ard bet + Tem Timothy C. Mitzel and Teresa A_ Mitzel, Husband and Wife
<br />c"ie Cam! of Ball. and Stale of Nebraska, parry of ft first pan, hereinafter called
<br />The Mt a►. Mild Superior Mortgage, Inc.
<br />acerpomitim oqpngwd and ettimng weeder The laws f the State of Nebraska
<br />pay of trite ate road }wet. frss tar ca9ied the moappe,
<br />tY19 NESSlETU Ttm she said M=Vwor. 'for atsd inconsideration at the sum of Forty Eight Thousand
<br />tine&X, bio/Zflt3tlas — iloHars 3S 48, 150_ DD i. paid ey the 3thart-
<br />Ala, hereby ackno- hedged, has Coasted and Said . and by these presents does Gram. Bar -
<br />pin, SO, Convey and Car&= canto the Mcutgagee, its successors and assigns, forever, The fobowire- described
<br />mtd cue, fauaaed in *e Cotaaty of Ha11 , and state
<br />al Nebraska.. to wit:
<br />Lot Five (6), Le Heights Fourth Subdivision, comprising a part of the East
<br />Half of the Northwest Quarter ( Ems) of Section Eleven (11) , Township
<br />Eleven (11) North, Range Ten (10) West of the 6th P—M— , in Hall County,
<br />Nebraska_
<br />of the Sixth Prittcipal'Meridian. containing in all acres according to Govern -
<br />meat survey:
<br />TO HAVE AND TO HOLD the premises ab^ . described. wit* all the appunenances thereunto belonging and including
<br />all heating. piumbi%and rating fixitrcts and equipment now or hereafter attached to or used in connection with said teal estate
<br />unto the Moriptiee, and -to its successors and assigns, forever. The 'Mortgagor reprcscnts to, and covenants with, the Monp-
<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 relisquisbes at rights of bomesiead. and all martial rights, either in law or in equity, and aG other contingent interests of the
<br />i+lartgagor is and to line :above - described premises, the intention bring io convey hereby an absolute title, in fee simple, inciud-
<br />ing all ri�ftts of !►amtstead, and other Tights and interests as aforesaid-
<br />PROVIDED.A'LWAYS, and these presents are executed and delivered upon the following conditions, to wit
<br />The Marsyagor agrees w pay tO the Afortgaget, Or Order, the principal sum of Forty Eight Thousand
<br />One Hundred Fifty and No %100ths Dollars t5 48,160.00 l_
<br />with inttmt 11itm date at the rant of Nine and One -half pet centum l 9.5 per annum
<br />See Adjustable Rate Rider. on thr unpaid balanct until paid
<br />The said princgral and interest shall be payable at the office of Superior Mortgage, Inc.
<br />in Grand island, NE 68802. , ar a such other place as the holder of
<br />the mare may designate in writing, in monthly inuallments of Four Hundred Four and 87J10Dths
<br />Dollars($ BBB ) See Adjustable Rate Rider. ,commenwigoriftfrsidayof
<br />February .19 86, and on the first day of each month thereafter until the principal and in•
<br />tertst are fugy paid, except that the final payment of principal and in tr st, if not sooner paid, shall be due and
<br />payable on the first day of January 20�9a11 accordingto the terms of a certain promis-
<br />wry wft of event due herewith e %ecuitd by the said M ongagar.
<br />The Mortgagor in ordtr more fully to protect the security of this Mortgage. agrees
<br />1. That he wih pay the indebtedness, as hertiribdote provided - XJYs
<br />'Privi1eqk is reserved to y the debt, in whole or in part, on
<br />MW tort• . ird-u�E iddis thl principai and interest payable under the terms of the
<br />t,vrt secure/ hereby. the mortgagor will pay to the Mortgagee. On the first day of each month until the saill note is fully paid, the
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