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85- 005.202
<br />MORTGAGE 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 />r
<br />THIS MORTGAGE, made and executed this 17th day of October A.D.
<br />19 65 ,byandbetween Joseph P. Mehsling and Ruth E. Mehsling, Husband and Wife
<br />of the County of Hall , and State of Nebraska. party of the first part, hereinafter called
<br />the Mortgagor, arid 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 Fifty Thousand Fifty
<br />and NO/ 100ths — Dollars IS 5p r 00.00 1- paid by the Mort-
<br />gagee. the receipt of which is hereby acknowledged. has Granted and Sold an A, t ese 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 />The Westerly Sixteen (16) feet of Lot Three (3), and the Easterly Thirty
<br />Four (34) feet of Fractional Lot Four (4), in Fractional Block one (1), in
<br />Elm Place Addition to the City of Grand Island, Hall County, Nebraska.
<br />of the Sixth Principal Meridian. containing in all acres according to Gotern-
<br />mentsurvel:
<br />TO HAVF AND TO HOLD the premises ahme described, with all the appurtenances thereunto belonging and including
<br />all heating. plumhing 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. -rhe Mortgagor represents to. and cotenants with, the Mortga-
<br />gee. that the Mortgagor has gfod right to sell and convey 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 ,A hom,oever; and the said Mortgagor here-
<br />by relinquishes all rights of homestcad.:md all martial rights, either in law or in equity. and all other contingent interests of the
<br />Mortgagor in and to the abtwe- descrihed premises. the intention being to convey hereht an atxolute title, in fee simple, inchtd-
<br />ing all rights of homestead. and other rights and interests as aforesaid.
<br />PROVIDED Al WAYS. and these presents are executed and delivered upon the followinscondition.. to wit:
<br />-]"he Mortgagor agrees to pay to the Mortgagee. of order. the principal sum of Fifty Thousand Fifty and
<br />No/ 100ths-- _— _- - Dollar, ON 50, 050.00 1
<br />with interest from date at the rate of Eleven and one —half pet cennnn 1 11.5 ' -- 1 per amturn on
<br />the unpaid halance until paid. The said principal and interest shall lit pa} able :d the office of Superior Mortgage, Inc.
<br />in Grand Island, NE 68802 or at such other place as the hoidef of
<br />the rxrte may de.ifntatc in writing, in monthly installments of Four Hundred Ninety Five and 64/100ths - --
<br />M____�..�M_..r_____ Ih+llars tt 495.64 1. commencing on the first day of
<br />Decearber .19 85. and nn the first day of each month thereafter until (he principal and m-
<br />tefest are fully paid. except that the final payment of principal and interest. if not sooner paid. shall Ix duc and
<br />payable o +n the first day of November .2015al1 according to the terms of ; certain pn vin is-
<br />sory rote of even date herewith cxecuted by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the sccurit} if this %lolr(gage. agrees:
<br />1. That he will pay the indchtedncss. as hereinhcfore provided. Jdaftut7D0m
<br />5.0i a-000HOURA "Wieqe is resew y the debt, in whole or in part, on any
<br />L 2 rliat 1T►t dt f(' date 1r �hat, lolttther with. m n, mont pav erlT% kiT principal : nd intere t patiahlc under the term, of the
<br />note secuted hetehy. the Moy to the Mortgagee. on the lint day of each month until the ,atYt Wolf' 1, fuilt p.ud. tits
<br />(,chow ing sums:
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<br />10 All elf Ntnr1n!.RA
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