r
<br />8 --0029
<br />'.N.: 00259(;
<br />Re- re.:orded
<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 30th day of
<br />19 85 , by and between May A.D.
<br />Lyle E. Johnson aril Melia D. Johnson,. each in his and her awn right
<br />of t e runt $ttt � gf yach other,
<br />the Mortgagor, and The and State of Nebraska, party of the first part, hereinafter called
<br />e Equitable Building and Loan Association, 113 -115 North Lo.-ust St.,
<br />Grand Island, Nebraska
<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 file sum of
<br />no /100------ -- ----------- -- ---- -` Fortyy � Thous
<br />...__________...____ Dollars t", 42,00 00
<br />tsagee, the receipt of :which is hereby acknoviledged, has Granted and Sold and by these presents tdoes 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 Hall
<br />of Nebraska, to wit: and State
<br />Lot Ten (10), R©ss-- Theasneyer Subdivision, Hall
<br />County, Nebraska.
<br />The Rider to the :Mortgage attached hereto and executed of even
<br />date herewith is oncorporated herein and the covenants and agreements
<br />Of the Rider shall amend and supplement the covenants and agreements
<br />of this Mortgage.
<br />of the Sixth Principal Meridian, containing in all __�
<br />meet survey: -- —" —° acres according to Govern -
<br />TO HAVE AND TO HOLD the premises above described, with all the ;appurtenance, thereunto belonging and including
<br />001 heating, Plumbing Mortgagee, and lighting fixtures and equipment no" or hereafter attached to or used in connection with said real estate
<br />unto the Mortgagee. and a its successors and assigns, forever. The %lortgagor represent, to, and covenant, with. the °Mortga
<br />gee, that the Mortgagor has good right to sell and convey said prenaise,: that they ;Ere free (runt encumbrance: and that the
<br />Mortgagor will warrant and defend the same against the lawful claims of ail person, �� lu,mr „ever; l e the ,aid Mortgagor t the relinquishes all rights of homestead, and all martial rights, either Ill latt of” ill eAuite and all ether contingent interests of the
<br />Mortgagor in and to the above- described premises, the intention heing it, colj es tlereh< an ahmdute t
<br />ing all rights of homestead, and other rights and interests a, afore,aid itle, in fee simple, inchtd
<br />PROVIDED ALWAYS, and these presents are executed and (fell%ered neon the fol!o�,a inf, condition,. to wit:
<br />n0��100
<br />Mortgagor agrees p�y t�l the Mortgagee_ or t,rdel - the principal sun, of Forty
<br />- ------------- Dt,ll tti 42,K o Thousand and
<br />with interest from date at the rate u1 Ttrelve and OM_Half
<br />the unpaid balance until paid. The ,aid principal and interest ,hall he pad able ill 'Ile of The
<br />12� ' � f per annum on
<br />L� AssociatiGn Equitable Building and
<br />in Grat4 land
<br />the note may designate in writing. in mon�tlY insta ika,, �,f ur at such other place a, the holder of
<br />---- - -- - -- Dollars (S 4481 206 Hundred Forty Li
<br />qht and 26,/100 -- - -_m
<br />% commencing on the first d ;,v of
<br />,crest are fully i � - - ® ® —� • I`�85 • � +nd un the first day of e;,, h Month thereafter Ltntil the principal and in-
<br />paid, a�xcepr that the final pa�rnrn► of principal ;Intl interest, if not ttonci paid. ,11;111 he due and
<br />payable on the first day of
<br />May 2015 all according It, the term, of a ccl %j prumi,-
<br />sort' "Ole of even date herewith executed by the ,aid Mortgagor.
<br />The Mortgagor in order more fully to prt+tccf the security of this ,Mortt„age, al±rcc,-
<br />! fh,,t he will pray the indehtednc,s. a, Itereinbcfore provided. I'rivi!ege is reserved to pay the deht in .vh++le, of in ;Ill
<br />atnuunt equal to one or more month) payments on the principal that are next due on the note. on the hr,t flay of any munUt
<br />Prior to rnall.rrity; 1'rl+viJVtJ, hott ,>t er, I hat tt rittt'fi nt+tit e of stir inteiltion to l xt rt l,l' ,Ill'll fit I% ill'r'e ti t lv�•n d !.• ".t 11. 1, , >>+,
<br />days prior to prepayment.
<br />;Jrcd (:tC ,. �,uh. :ntd rn ;althtYUra tn, the monthly payrncnts of principal and fniclu�f paw ;th!c undr,r the tt'rm, rf the
<br />fort: secured ttercbg the 'v ;+,,ri��tt ;or will p,,� to the %IortkagC("' on file lint ti ;,p + +f rich m�,rith until thr oil nutty is fully paid, f9te
<br />ft,l!t +w itag ,fort,
<br />f �l }tut <,!Illl sat It itls�n; irr l,t,ry °lilt. flit, holtlt't ! "t °ri,! wt!!l iun�Js l"r l+.ip tilt r+rx1 n�"ntatap�r
<br />+lre .I fl,
<br />Jriafrur+ "•lit ;asi =1 fl ?e 1. +ate •,c ^�.s_I 110 - fit are ni,ulrri, uI..� "nlhi� rlri
<br />flit .tics +, Malt nl Il'111P,
<br />_ oil
<br />ail(l 1.
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