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• <br />t� <br />MORTGAG This form is used in connection <br />�i with mortgages insured under the <br />F one- to four - family provisions of <br />the National Housing Act. <br />09040095 <br />THIS MORTGAGE, made and executed this 17th day of June <br />19 85 byandbetween Larry W. Fowle and. Barbara A. Towle, husband and wife A.D. <br />Sylvester J. Chody, Jr., and Joanne J. Chody, husband and wife <br />of the County of Hall and State of Nebraska, <br />the Mortgagor, and art of the first <br />party part, hereinafter called <br />CFS Mortgage Corporation d /b /a Tower Financial, Inc. <br />a corporation organized and existing under the laws of Nebraska <br />party of the second part, hereinafter called the Mortgagee. <br />WITNESSF..TH: That the said Mortgagor, fora nd in consideration of the Burn of TWENTY SIX THOUSAND <br />NINE HUNDRED FIFTY and 00/100 Dollars (S 26,950.00 ). paid by the Mort - <br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar- <br />gain, Sell• C(+nvey and Confirm ilnto the Mortgagee, its successors and assigns, forever, the following- described <br />real estate, situated in the County of Hall <br />of Nebraska, to wit: 1603 W. Louise, Grand Island, NE 68801 and State <br />Lot One (1), Block Thirty —Five (35), in Charles Wasmer "s <br />Addition to the City of Grand Island, Hall County, Nebraska. <br />$ )P14J[�X�X�@tt1aCX)[�Q}t�XtX�iC <br />�IIK�ialfiKd�( iXK'It4{. Ot1�<BQJ�lillaCO[1tf: <br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto 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 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 <br />Mortgagor will warrant and defend the same against the lawful claims of all person, whomsoever, and then id 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 homestead, 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 . car order, the principal sum of TWENTY SIX THOUSAND <br />NINE; HUNDRED FIFTY and 00/100 Dollars (c <br />26,950.00 , <br />with interest front (late at the rate oITW;LVE: and 50/ 100 <br />the unpaid balance until FN1 �'entum ( 12.500 �s) per annum on <br />CFS Mortgage Corporrratiaonn +d/b /a interest shall pF nanc tal�,tfi Inc. <br />in Omaha, Nebraska <br />the note may designate in writing. in monthly installments of TWO HUNDRED EIGHTY' (SEVENC ar!d 3�c100fie holder of <br />Dollars tS 281.63 ►, cotlnlencilrg o of <br />n (tic first day <br />August , 19 85 , ;ltd on file first day of e;rch month thereafter until the principal and in- <br />terest are fully pai(1. except that the final payment of principal and interest, if not sooner paid, shall he (Inc and <br />payable on the first day of July, ZO1 <br />wry note ( +f even d.atc herewith executed by the said Mortgagor. all according to the terms of i certain pronlis• <br />