i
<br />a the e.ounty of Ball anu Mate of ,veoraaka, party of the Iifst parr, hereon( ter cautu
<br />theMrtgagor,and Superior Mortgage, Inc.
<br />a corporation organized and existing under the laws of Nebraska 85,0042418
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and inconsideration of the sum of Forty Seven Thousand Five Hundred
<br />C and go /1001 hs--------------------------------- Dollars ($ 47,500.00 ). paid by the Mort-
<br />tea a , the receipt of which hereby acknowledged, has Granted and Sold and by 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 and State
<br />of Nebraska, to wit:
<br />Northwesterly 20 feet of Lot 19, Block 3, of Second Addition to hi.lcomb's
<br />Highway Hoses Subdivision, a subdivision of a part of the NE;4NEh and a
<br />part of Lot 4 Mainland, in Section 28, Township 11 North, Range 9 West
<br />of the 6th P.M., Hall County, Nebraska, said tract being described as
<br />starting at a point where corners of Lots 19 and 20 in said Block and
<br />addition meet and abut on Brahu Street, thence southeasterly along the
<br />front lot line of said Lot 19 a distance of 20 feet, thence southwesterly
<br />and parallel to the lot line between said Lots 19 and 20 to the place
<br />where said line intersects with the rear or southwesterly lot line of said
<br />Lot 19, thence northwesterly along said real lot line of said Lot 19 a
<br />distance of approximately 20 feet to the westerly rear corner between said
<br />lots 19 and 2.0; thence northeasterly and along the line between said Lots
<br />19 and 20 a distance of 140.5 feet, to the place of beginning. Also Lot
<br />Twenty (20) in Block Three (3) in Second Addition to Holcomb's Highway Homes
<br />Subdivision, both Lots being in the NE%NE�- of Section 28, Township 11 North,
<br />Range 9 West of the 6th P.I., Hall County, Nebraska
<br />of the Sivth Principal Meridian. containing in all
<br />rnentsurvey!
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the premise., above described, with all the appurtenances thereunto belonging and including
<br />all heating. plumbing and lighting listurrs and equipment now or hereafter attached to or used in connection with said real estate
<br />unto the Mortgagee, and to its succeswrs and a „igns. (,,fever. The Mortgagor represents to, and covenants with, the Mortga-
<br />gee. that the Mortgagor has good right t,, sell .:nd convey said premises; that they are free from encumbrance; and that the
<br />Mortgagor will warrant and defend the same .,gainm the lawful claims of all persons whomsoever; and the said Murtgagor here -
<br />bv relinquishes all rights of homestead.. -nit Al marital it either in law or in equity, and all other contingent interests of the
<br />Mortgagor In and to the atwve- de,.rihed prenitws. the intention being to convey hereby an absolute title, in fee simple, inciud-
<br />mg all rights of homestead, and other righfn and inlerr,t, as aforesaid
<br />PROVIDED VIDEU AllitAYS. and thc,c prc,ent,,;rc csecuttd and delivered upon the following conditions, to wit:
<br />ncuMortgagoragrces!o pay bf! hrM.> nt .:grr.orotdct. the prrncipal,urn .:f Forty Seven Thousand five
<br />Hundred and \o /1000hs------------ - - - - -- IAIIf%IS47 500.00 )
<br />.v:fit mlerest troni dare at the rate ,,! 'i'weive per crntum ( 12 %) per annum on
<br />the unpaid balance until raid. "fhr,:,id pnncrr.d .!nd ilftrre,t ,hall be payable at the office of Superior Mortgage, Inc .
<br />Ill Grand Island, Nebraska 68801 , urat such other place as the holder of
<br />IN, no lcmay designate in writing. inmootb !.in,talbnent,of(:lccording to Schedule A on said note)
<br />.4)tXkXMX r. commencing on the first day of
<br />Mare h . N 83, and on the first day of each month thereafter until the principal and in-
<br />terc,t are fully paid, cscept that the hn,d payment of principal and interest, if not sooner paid, shall he due and
<br />r.,v ahle an the first Joy of Fe bru a r y 2 013 ; all according to the terms of a certain promis-
<br />s iry rufteof even date herewith cvcculets Lf the said Mortgagor. (deferred interest aha11 be added to t he princ ipal
<br />Vllib�1' ce monthl� and skill incre ase Cile > i. i aI balance to not more than $51,238.64)
<br />o;ipgor In ur r more fu v t,, protect the ,county otltlriis . r�gage, agrees:
<br />I That he will pay the indebtedness. as hcreinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />,fount equal to one or more monthly pay menu on rile principal that are next due on the note, tin the first day of any month
<br />prow to maturity: Provided, however, That written notice of an intention to exercise such privilege is given at least thirty I ;a)
<br />.1.1% "prior to prepayment.
<br />I bar. ttylether with, and m .,JJ,jwn lo, il,c Monthly No ITICnts of principal and interest payable under the terms of the
<br />pule ,e:uted hereby, the lforfgagor ill' pay to the !,hutgagec, on the first day of each month until the sai8 note is fully paid, the
<br />folly,, iltr:.um,
<br />t.at Almhult sulficient so pt . w;dr the kA &r hrrool will, !unds u, pay the next nlnrtgage insurance prelfilurn It this
<br />,Is lnrlrldlll and the r -fe v, med her: by arc Insured, of is nnmthly charge tin lieu of a mortgage rnairtrn(e pre -
<br />rrrrr. n) It they are held i„ th„ St:: =: rnry ul N monk and 1 4t•,ul I1,.•velopfncflt, as follows:
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