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Re—recorded This form is used in connec- <br />ti <br />A �� tion with mortgages insured <br />under the ones- to four - faintly <br />,a�9�r �� provisions of the National <br />/�' Housing Act. <br />85�°°- 942981 85-.0018 Housing <br />A. T' -IIS MORTGAGE, madc ,and executed this 17th day of April <br />19 85 , by and between Kraig R. Howe and �7anet M. Howe, eao in his and her own right D <br />o Ctwn s 12 each other, <br />the Mortgagor, and . and State of Nebraska, party of the first part, hereinafter tailed <br />The Dquitable Building and Loan Association, 113 -115 North Locust St., <br />Grand Island,, Nebraska <br />a corporation organized anti existing under the laws of the State Of Nebraska <br />party of the second part, hereinafter, called the Mortgagee, <br />B. WITNESSETH: That the said Mortgagor. for and in consideration of the sum of Sixty Six Thousand Nine <br />Hundred 410 no/ 100--------------- -.._._____ - - - -__ Dollars ($ 66 900.00 ), paid by the Mort- <br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and 6y 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 Hall <br />of Nebraska, to wit: and State <br />Lot Nineteen (19) , in Block Two (2).. in Nonnartdy Estates, an <br />Addition to the City of Grand Island, Hall County, Nebraska. <br />The Rider to the Mortgage attached hereto and executed of even <br />date herewith is incorporated herein and the covenants and agreements <br />of the Ricer shall amend and supplement the covenants and agreements <br />of this Mortgage. <br />of the Sixth Principal Meridian, containing in all <br />went survey: acres according to Govern- <br />C. TO HAVE AND TO HO(.D 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 10 its successors and assign,. forever. The Mortgagor represents to, and covenants with, the Mortga- <br />gee. that the Mortgagor has good right it, .ell and convev 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 other contingent interests of the <br />Mortgagor in and to the above - described premises, the intention being to convev heretly an absolute title, in fee simple, includ- <br />ing all rights of homestead, and other rights .Ind interests as aforesaid. <br />D. PROVIDE DA IAVAYS. and these presents :ire executed anti delivered upon the following conditions, to wit: <br />The Mortgagor .agrees to pay to the Mortgagee. or order. the principal sum of S . t Six Thous Nine Hundred <br />no/ 100--- _..____�__N.�_ y <br />66,900.00 1, <br />with interest from date bit the rate Of Twelve arid One —Half per ceritunt <br />the unpaid balance until paid. Tlic said principal and interest shall he 12 ')per annum un <br />anct Loan Aosociation payahlc at the office of `.fbe Hquitable Building <br />in Grand Isle, Nebraska or at Stich other place as the holder of <br />the note may designale in writing, in monthly installments of <br />� Seven Llundred Fourteen no /100 - ---- _ <br />Dollars (S 714. Q0 ). coil] inenctng on the first day of <br />14 85, .and on the first day of each nlonlh lhereafter unlit the principal and in- <br />tcrest are fllily paid. except 11:11 Iht' final paynlhnl of principal and interest. if not sooner pairs, shall be due and <br />pavahlt, on the first /lay of April 2015a11 according t o t he terms Iif ;t ierl: +in prornis <br />Sory dote of e'en dalc hereva ith executed by the alts Murtpragur <br />E. i•he Mortgagot In other more flill!' to profet:l the',ecnrily of this Mortgage. agree <br />1. ih;at he will pia` [tic Indehledness, as lnereinbefore pr'ftvided. Privilege 1\ r't:st,rved 111 pal x' the debt in whfd <', or In :111 <br />aniotint equal to oltt ar rtll.lre months® paynlerlo, oft the principal Ilia( ;ire next (lilt, on the note, on the first dray 1 >f any month <br />prior 141 maturity, h- Alvitled, italKc• vt, l 1:at +Afillela notice of '111 Intenlion to exercise such privilege is given at least thirty till) <br />days prior 14) prepjs A rnent. <br />Thal, cr,+Ver with, sold in ;s.il,ilt file nlonlhly 11,Iynlf'nts of hrineipal mid mIcicst payable under 1hr terms of the <br />following w ing kot herel,y. the Morlga of tiF i,l i,;id to isle Mort��aEtf'e „li the first day of vath month 11111ii file sail mile is fI1Hy p ,1111, the <br />fi+llowing� sung?. <br />141R Am,ajll! 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