|
F.
<br />P
<br />L
<br />8j-- 003396
<br />MORTGAGE This font, is area re tiro ton
<br />cairn mortgages insured umim the
<br />one- to four -family provisio,,s of
<br />the National lousing Act.
<br />THIS MORTGAGE, made and executed this 17th day of July
<br />lA 85 . by acid between A.D.
<br />Lynn C. Black and Joi9t1 W. Black, Husband and Wife
<br />of the County of Hall , and State of Nebraska, party of the first
<br />the M , and part, hereinafter calved
<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 Si,rty Four Thousand Four
<br />Hundred and No /100th's ---- -- Dollars (S 64,4? 0.00 , paid by the Mon-
<br />gain, the receipt of which is hereby acknowledged, has Granted and Sold and b t se presents does Grant, on-
<br />gain• Sell. Convey and County y o unto the Mortgagee, its successors and assigns, forever. the following- described
<br />Bar-
<br />real estate, situated in the County of Hall of Nebraska, to wit: . and State
<br />Lot One (1), in Block ltao (2), in West Bel Air Fourth Addition to
<br />the City of Grand Island, Hall County, Nebraska.
<br />Of the Sixth Principal Meridian, containing in all
<br />met survey:
<br />acres according to Govern-
<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 goad right to sell and convey said premises; that obey 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 taw 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 otlter 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 Sixty Four rhouSan3 Four
<br />Hundred and No /100th5 _ Dollars (S 64,400.00 t.
<br />with interest from date at the rate oi' Ten and One half per centutn
<br />the unpaid balance until paid. The said principal and interest shall he 10.5 per annum on
<br />� 'lp� payable al the office of
<br />Superior Mortgage, Inc.
<br />in Grand Island n moi NE or at such other place as the holder of
<br />the note may oft,' to in waling. in month ;v installments of or Hundred Eleven and 88/100ths-------
<br />[h�tlars t S 711 88 ), commencing on the first day of
<br />19 85, and on cite 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 lvt due and
<br />Payable a [I+e first day er 2000 ; all according to the terms of a certain promis-
<br />,aray rKOtt of even date herewith executed by the ;said Mortgagcor.
<br />The Mortgagor" order more fully to protect the security of this Mortgage, agrees:
<br />L That be win pay the indebtedness. as hereinbefore provided. Privilege is reserved to pay the debt in whole, m in an
<br />amount to erne or more monthly payments cm the principal that are next due on the tote. on the first day of any month
<br />Ptkw to y: 11roovded. hotivver. That written notice of an intention to exercise such privilege is
<br />days prior to prepayment. P g given at least thirty 4?b!
<br />2. That. UWtba with. and in addition too, the rnonihl
<br />moue secured hereby, ft Mortgagor u wild pay to the Mortgagee, nn the fir 1 day otf each ono th until the t,dain no to is fully paid. the
<br />fallowing seams:
<br />•♦ iii ..Y §i�. «Y_
<br />RIKI a 1 Y H A 214_1M, Vph o: l i nP IjIj I. €,v , (n'..
<br />�+ y
<br />STATE. M. NEBRASKA
<br />. x.'14 iV i'I
<br />W1
<br />
|