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<br />MORTGAGE
<br />L) Nouriltg Acts
<br />09089441
<br />TH[S MORTGAGE, made and executed this 20th - day of March A.D.
<br />1985 by and between Larry W. Fowle and Barbara 1 Fowle, husband and wife b SylveaCe;r J
<br />Chody Jr. & Joanne J. Chody husband and wife
<br />of the County of Hall and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and
<br />Toner Financial, Inc.
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and inconsideration of the sum of TWENTY THOUSAddD
<br />SLNEN HUNDRED FIFTY and 00 /100 Dollars ($ 20 .750.00 ), paid by the Mort -
<br />gagcc, 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 i ;all . and State
<br />of Nebraska, to wit: 1159 S. Eddy, Crand Island, Nebraska 68801
<br />Lot Twelve (12), in Block One (1) in Setter dotnes
<br />Subdivision, being a subdivision of Lots Four (4), rive (5)
<br />Six (6) and the North 38.3 feet of I -ot Eight (8), in
<br />Block One (1), of William Frank AdJition to the City of
<br />Urand Island hall County, Nebraska
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<br />TO HAVE AND TO H01.1) the premises ab ^cc described, with all the appurtenances (hereunto 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 Mongagor represents to, and covenants with, the Mortga-
<br />gce, 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 tither contingent interests of the
<br />Mortgagor in and to the above- described premises, the intention being to coney hereby an absolute title. in fee simple, includ-
<br />ing all rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS. these presents are executed and delivered upon the following condilions, to wit:
<br />The Mortgagor agrees to pay to the 'Mortgagee, or order, the principal sum of 'r, tv N'fY 'CIIUUSAbl3
<br />SEVg I) )IUNDRET) FIFTY and 00,11 DU ))ullars t 20, 750, 00
<br />With Interest froth (tale at [tic rate ofilIRTEEN and 50 /100 per �enturll ( I3 -50U 6 per annum .m
<br />the unpaid halance until paid. The said principal and interest shall he payable at the office of
<br />T
<br />ower FilliallCial, Inc
<br />In LOco.ln, :de,br' rra'kS or al such other pl.lcc as the holder of
<br />the note may designate m wnitng, in monthly installments of Two ;;UNU Lt) 'f :11 tt:'V art Z ; and 57/100
<br />Dollars (C 737.67. t, ronnnencilig on the first tfa% tit
<br />1'l��r ant an the firer ildt of each month thereat fer onlil l he drnnc ip;j ild ) n
<br />retest are fully aid, except that The final payment of principal and interest. if not sooner paid. .half he dui :ma
<br />payable on the first day of Np ril , 2p1 `,i• all accotdin$lolhe terms n1 i icrlain pror6u, .
<br />sory note of even date herewith exccutcd tay the said Mortgagor,
<br />I)te 'elortgagur In order more ittily to protect the 'et-to lit of thi. `tortt;.,pc,
<br />f. That he will pay the indebtedness, (es hereinbefore provided. Privilege is reserved to pity the debt in wholo, or In •ul
<br />am uani equal to otic or more monthly' paytncnt,, on the principal that are t"I dtte tin the 'R010, I'll the tirsf aim of au% month
<br />prior to maturity: Nn6yrded, fytn't t't'r, ihAt itrttler) nolict` of al itllentlon to e lefc'Ise such prtvilcgc is given ;it lc,,,: thirle I ;t
<br />days prior to prepayment.
<br />' Thar. frr tllfr With. ;read in :,dtddliort ro, rile monthly m% mcnts o t
<br />! f 1 rinclp;al Will +nlerevt p, +vahle under thr terms tit thr
<br />note scarred hereby. the Morr gagor nrll p3ay to the Mortgagee. on tile litst day of ea:h month u, '.'t the satin not, is tall% paid, ncc
<br />totl,ow ink, sulns.
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