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<br />005464 __ ...�._._, :.....V ,..
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<br />Second Mortgage
<br />NMOR'I`G G'A for
<br />Section 235 Cases
<br />"With Addendum, for Repayment- of Section 211 Assistance"
<br />THIS MORTGAGE, made and executed this 31stday of October A p.
<br />19 �^ by and between Charles Neiber� and ,;are ht. PIiedber✓, t usband and IJife
<br />of the County of Hall and State of Nebraska, party of the first par:
<br />hereinafter called the Mortgagor and the Secretary of the Department of Housing and
<br />Urban Development
<br />party of the second part, hereinafter called the Mortgagee.
<br />UIT`iESSETH: That the said Mortgagor, is justly indebted to the Mortgagee in the
<br />Principal sum of Forty `V) Thousand Sev:,n Hundred Forty ''.:— i1;iGr ,pollars ;)`12;742 0C, j
<br />which principal sum will not exceed an amount computed under the terms of the Note
<br />executed by said Mortgagor on 31 1Q" , with interest, in
<br />accordance with said Note. That as security or said Note t e Mortgagor does by these
<br />presents Gran*., Bargain, Sell, Convey and Confirm unto the Mortgagee, its successors and
<br />assigns the following described real estate situated in the County of _;all
<br />State of Nebraska, to wit L(a �IXtY One (F�' i r of '401.to-,S u,!A— '!1S]On )..'1 the "` .i: %jr
<br />Z Tuna lsiand, Hall .'ounr_V, ; iebra.:; a. �
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances
<br />X
<br />UJ thereunto belonging and including all heating, plumbing and lighting fixtures and equip-
<br />^ent now or hereafter attached to or used in connection with said real estate unto the
<br />.'Io r gagee, and to its successors and assigns, forever. The Mortgagor represents to, and y
<br />covenants with, the Mortgagee, that the Mortgagor has good right to sell and convey said
<br />z premises; that they are feee from encumbrance, except for an FHA first mortgage; and that
<br />Vie Mortgagor will warrant and defend the same against the lawful claims of all persons
<br />::no ^scever; and the said Mortgagor hereby relinquishes all rights of homestead, and al. -
<br />M ^arital rights, either in law or in equity, and all other contingent interests of the
<br />3 a !Acrtgaaor in and to the above - described premises, the intention being to convey hereby an-,'.
<br />absolute title, in fee simple, including all rights of homestead, and other rights and
<br />interests as afresaid. ~
<br />pM,C E .i hI ;r1AYJ
<br />and ,.here presents are executed and delivered upon the following
<br />�� _tiior5, to '.wit:
<br />The t!cr*.^a cr agrees to pay to the Mortgagee, or order, the principal sum of
<br />.,¢ol lars ($
<br />-ith interest as provided in the 'Note dated i and executed by Mortgagor
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />1. That he will pay the indebtedness, as hereinbefore provided. Rtixi•UW4w<
<br />rt�e0e�ed�. sib.: peia. �be�c�: d�ebN. hac.•+ �tfa�efoc ;:tia. :•ea : :•eaios>o�;�gaa :Y= �xwot:� :°
<br />' �: h�C�' A'>11AAS••watt..�ua,Mi./�.W.M.. Zia �..�� �.. __��. _ -__� ��
<br />e k r rkel t -'f 1
<br />'N"r'St
<br />_: r1. par! , (Xi dn� rJr r. .1 7 i i
<br />2. J:_l
<br />That the Mortgagor will pay ground rents, t&'xes asseSs is water
<br />rates, and
<br />_.rer governmental or municipal charges, fines, or imposition,., for which provision has
<br />r-,-at teen made hereinbefore, and in default thereof the Mortgagee may pay the same; and tnat
<br />the "Ortyagor will Promptly deliver the Official
<br />receipts therefor to the Mortgagee.
<br />= Ttie Mortgagor will pay all taxes which may be levied upon the Mortgagee's
<br />,r!erest in
<br />said real estate and improvements. and which may be levied upon this mortgac:
<br />or the aeDt secured hereby (but only to the
<br />extent that such IS not prohibited by law and
<br />only to the extent that such will not make this loan usurious), but excluding any income
<br />tax, State or Federal, imposed on Mortgagee, and will file the Official receipt showing
<br />such payment
<br />with the Mortgagee. Upon violation of this undertaking, or if the Mortgagor
<br />is Prohibited by any law now
<br />or hereafter existing from paying the whole or any portion of
<br />'re afOresaid taxes, or upon the rendering of any decree
<br />court prohibiting the payment Ly
<br />°�r'iortlarlor or any 1;ur.h taxes, or if such law or decree provides
<br />.t
<br />•" � rrgar ;�zr ,hall be that any amoun, so tsid
<br />credited on the rrxartgage debt, the Mortgagee shall have the right t.)''
<br />i! ,' ori!ren ncrti`e to the owner of the mortgaged premises, requirira the
<br />' ` •k, r'rla;le debt. If
<br />such nuticrs be given, the said debt shall become due,
<br />at the expiration Of
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<br />'.aid ninety days.
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