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<br />i 85-002237
<br />MORTGAGE with t form is used in connection
<br />with h mgrtagSes inured under the
<br />one- to four family provisions of
<br />the National Housing Act.
<br />THIS MORTGAGE. made and executed this 1st day of May A.D.
<br />19 85 .byandbetween John C. Houselog and Shirley M. Houselog, Husband and Wife
<br />of the County of Hall , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and Superior Mortgage, Inc.
<br />a corporation organized and existing under the laws of the State of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the Sum of Thirty Thousand, Nine Hundred
<br />Fifty and No/ 100ths---------------------- - --- -- Dollars ($ 30 950.00 ), paid by the Mort-
<br />gagre, the receipt of which is herehy acknowledged. has Granted and Sold and by these presents does Grant, Bar-
<br />gain, Sell. Convey and Confirm unto the Mortgagee, its successor-, and assigns, forever, the following- described
<br />real estate, situated in the County of Hall and State
<br />of Nebraska. to wit:
<br />The South Fifty six (56) feet of the North One Hundred and Twelve (112) feet
<br />of the Fast Half (El /2) of Block Ten (10), in Pleasant Home Subdivision of
<br />part of the East Half of the Southeast Quarter (E1 /2SE1 /4) of Section Twenty
<br />One (21), in Township Eleven (11) North, of Range Nine (9) West of the 6th
<br />F.M., Hall. County, Nebraska.
<br />of the Sicth Principal Meridian. ccmta fining m all icre,, according toGovern-
<br />ntent ,arsey:
<br />IO I1Avf 3N1) YO 11011) the prennses.hove described, with all the appurtenances thereunto txlnnging and including
<br />all Bating. plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate
<br />until the Maxtgagec. anti to its successors and assigns, forever. 'The Mortgagor represent% to, and covenant, with, the Mortga-
<br />gee, that the Mortgagor ha, good right to sell and convey said premises: that they are free from encumhrance: and that the
<br />MAV1gagof w /li %:arrant and defend the same again,,( the lawfral claim» of all persons whomsoever: and the said Mortgagor here-
<br />fly rclinqutshes all rights of homestead. and all martial rights. either in law or in equity, and all other contingent interests of the
<br />Mortgagtr in ,mod to the ataave- described premises, the intention being In conscy herehy an absolute title, in fee simple, includ�
<br />ing all rights of homestead. and other rights ;and interests as ;aforesaid.
<br />PRO81, If)E I) AI.tVAYS, tnil these prescnh are c xrcuted and delivered upon the following conditions, to wit:
<br />fhC Mint . esr UKI'Ves to pay nr the Mortgagtce. or order. the principal ,twl of Thirty Thousand, Nine Hundred
<br />Fifty and No /100ths---- --------- --- - - -- -- IAa1lar,01 30,950.00 ).
<br />Wave, 43aICT"1 irmn (late ai the rate of Twelve IV] r Cut una f 12 `• ) per annum on
<br />the nmtsaat bal;tnce umif paid. "fhc said principal and inicie,i shall he pavabic at the oltice of Superior Mortgage, Inc.
<br />in Grand Island NE ar at ,uch other place as the holder of
<br />the at *Se attar 4ftst1tnate in %riling, in monthly installment, of Three Hundred Seventy One and 45 /100ths
<br />-- a----------------- I)nllars Is 371 .4 5 i coatnnencing on the first day of
<br />I 1 • 11) 8 Sand on the hto of vl, of eau. h nionih ahereaffer until the principal and in•
<br />terem are fuffy piu�. Yuepl that the final payment of principal .and Fnterc,t, if not sooner paid. ,hall tic due and
<br />t°.ava . on the first day of ..tune 2000: all :tccotding to the lettns of it yertain promis•
<br />4a nt,te M even date here%ith executed by the said Mortgagor.
<br />Thom mottgailaq in little/ more fully Io protect the ,ecurity of this Mortgage, .toes,:
<br />I Mat B will pay the nukhledriess. as heteinficfore provictcd Privilege 1, rescrsrd to pay the tfchl it) (vhnle, or in alt
<br />toast eattrat to line or more monthly payments on the prliwipaal Ihal are meat due on the mitt., on the fitst day of tatty month
<br />x law mallistritii hovpfed, ho""cr. That written notice of net intention to r serci,e ,rtih privtlece i, given at least thirty i Atli
<br />pfins tti txepaynrf nt
<br />that. to Cher wilb, mid In addition fit, the nuantbb, aymcnts of ranee aid .end intete,
<br />t` p p i I`.¢aot >k^ unttct the term, of the
<br />tua4e sccuted Brehv. tIr Mtntgwgtu will pav In the Motivatrce, ill the hr,l daas of c,ach month 1111111 lhv .oil note es fuliv raid the
<br />artt€r*Ong yaam +:
<br />It lid RINK
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<br />moulaguitaisir r X *NAME MWX
<br />vrArr oar Nf nnAttaA
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