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66327 -1 -20 This form is used in connee- 005452 tion with meetRsgwit inured �c�.• MORTGAGE under the ono- to rotor - fanny provisions of the National Housing Act. THIS MORTGAGE. nadesad executed this 31st day of October A.D. 19 85 .bysitdbetween John 1i, Reeve and Pegg L. Reeve husband and wife, 91ointly attd' each in their own right, of the County of Hall . and State of Nebraska, party of the first part. hereinafter called the Mortgagor, and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN a corporation organized and existing under the laws of The United States of America party of the second pan. hereinafter called the Mortgagee. WITNESSETH: That the said Mortgagor. for and in consideration of the sum of Fifty Seven Thousand Six Hundred Fifty and no /100 Dollars($ 57650.00 ), paid by the Mon- gagee. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar- gain. Sell. Convey and Confirm unto the Mortgagee, its successors and assigns. forever. the following-described real estate. situated in the County of Hall anti state of Nebraska. to wit: Lot Thirteen (13) in Amick Acres Second Subdivision, Hall County, Nebraska. of the Sixth Principal Steridian . containing inall city property acres according to Govern- mentsurvev, TO HAVE AND TO HOLD the premises above described. u,.h all the appurtenances thereunto belonging and including alt heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate unto the Mortgagee. and to its successors and assigns. forever. The Mortgagor represents to. and covenants with, the Mortyi- gee, that the Mortgagor has good right to sell and convey said premises: that ihev are free from encumbrance: and that the Mortgagor will warrant sad defend the same against the lawful claims of all persons whomsoever: and the said Mortgagor here - by relinquishes all rights of homestead. and all martial rights. either in law or in equity. and all other contingent interests of the Mortgagor in and to the above-described premises, the intention being to convey hereby an absolute title. in fee simple, includ- ing all rights of homestead. and other rights and interests as aforesaid. PROVIDED ALW AYS. and these presents are executed and delivered upon the following conditions, to wit: Mott or�t s to ay to the Mort a -e. or order. the principal sum of a Fifty Seven Thousand Six Hundred Fifty and nollu� p g g' 57650,00 . fbllarx IS ). with interest from date at the rate of Eleven and one half per centum ( 11.500 %) per antrum on the unpaid balance until paid. The said principal and interest shall be payable at the office of First Federal Savings and Loan Association of Lincoln in Lincoln, Nebraska or at such aheriilanabilie bower of the note may designate in writing, in monthly installments of Five Hundred Seventy One arruufi // 11 December Dollar* 5 71.31 1. commencing on the first day of 19 , and on the first day of each month thereafter until the principal mid in- terest art fully paid, except �hst th &final nt of principal and interest, if not sooner paid, shall be due and payable on the first day of oven r , all according to the terms of a certain promn- sory note of even date herewith executed by the said Mortgagor The Mortgagor in order more fully to protect the security of this Mortgage. agrees dpvpsiop" It -p I v . Privilege is reserved to pay the debt, in 'whole oc in part, on any installment due date. 2. That. together with, acid in additwn to, the monthly payments of principal and interest pay" uakr the terms of the j note iscured hereby. the Moripeor will pay to the Mortgages, on the first day of each month until the we note n tally paid, the following macs: rM ---- 10 MW -0 is w std ote - nm ed erW*nrr" a"+W1rdertlte�pr+s^ - -_-- -- ow"Weo- Aft-M4lmenot- 1RMts�lttrtiseFgheltshier•Miir n{W{[N B HA i1 {1M An Kra ,nn me .A ad unni igMV • of, {u{i{e !1TATZor naRAsKA NvDa9t {JM 1►iei 7 _M .