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<br />MORTGAGE
<br />This form is used in connection
<br />with mortgages insured under the
<br />one- to four - family provisions of
<br />the National Housing Act.
<br />THiS MORTGAGE, made and executed this 7th day of June Uv49`11 "
<br />19 85,hyandbetween Randall L. Throop and _Nancy J. Throop, Husband and Wife A.D.
<br />of the County of Hall , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and
<br />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 Forty Seven Thousand Five
<br />Hundred and No /100ths----------------------------- Dollars($
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and 7b 5 these presents l• paid by the Mort-
<br />gagee. Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, 1ethe t following - described
<br />real estate, situated in the County of Hall and State
<br />of Nebraska, to wit:
<br />Lot Five (5) Colonial Estates Third Subdivision in the city of Grand Island, Hall
<br />County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all
<br />ment survey: acres according to Govern -
<br />TO HAVE AND TO 1401.1) the premises above described, with all the appurtenances thereunto belonging and incling
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection withs said real estate
<br />unto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortga-
<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 alt 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 other contingent interests of the
<br />Mortgagor in and to the above- described premises, the intention being to convey hereby an absolute title, in fee simple, includ-
<br />ing all rights of homesiead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Forty Seven Thousand Five
<br />Hundred and No /100ths--------------------------- DollarsO 47,500.00 Dollars(
<br />with interest front date at the rate of Twelve and one half yet ccntum
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of 12. perior Pfortgage,nulnc .
<br />in Grand Island Nebr ska oral such other place. as the holder of
<br />-------------------------------- the note may designate in writing, in montftly instal�menis of Five Hundred Six and 95/100ths---------
<br />Mars ($ 506.95 ), conuttertcing on the first day of
<br />July 19 $y, and (in the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall he due and
<br />Yable crn the first day of ,June
<br />sory note of even date herewith executed by the said Mortgagor. 2015 : 'ill according to the terms of a certain pron►is-
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees.
<br />1. That he will pay the indebtedness, is hereintKfoic provided. Privilege is reserved tr.t pay the debt in wholo, or in an
<br />amount equal to one or more monthly payments on the principal that are next due on the note, on the first day of any month
<br />prKu It, maturity: Provided. fr<twever, That written notice of an intention to exercise such privilege is given at icalst Utirty (3(11
<br />days ptior to prepayment.
<br />'. - i"taat, together with, and in addition to, the monthly paymc ills of principal and interest pay,yt�lr nndet the tcrtaas of the
<br />following secured hereby. ttt��^ Mortgagor wilt pay to the Mortgagee, on the firtit clay of each monih until the Omit note. is fitliy paid, the
<br />following warns:
<br />(a) Amount suff`I�:ferrt to lit =wide the holder hereof with Wilds ill 114y the tiCRt lllMtga e' msuiduc • Iir,,iattinn it tills
<br />ttlstrttnwitt and 1'11c note scimrcd hcrehy ate inskil'd, csi tt l"lolithly dlal8 !t On lard 01 el !!ri >f1�d14 °l' 6ddllllrtldt< (aT<
<br />drttyatnt t rf t #aeY xre fiei €f hY Iko ScCit tar flouwlrig and I )Ihjrr Cl veli =fti,i, sli „7�, rulila,�.,,.
<br />It If <rita,f ;a,t ItiEi,Q „r+� uIltl 11ole of C'YAT 'loot.' ;Iii €I lhl" lrro,if:Iit'tii ;)(.� ttl'.Etfi'ei ::iii 11'7!1 ?ti!e',t Ili ?,lt't iisc' t?Eti..
<br />�iSk <�rPb Ft tilt: �iatruiatd lla.iriaii�r A 1, ;air stwr,rair :,l a,, r77r,7i;mc in lilt ia; nd" iira hllid,i a.
<br />"Ayt tit NrurtASKA
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