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85-_ 006047 OR 1 GAGE This form is used in connection with mortgages insured under the one- to tour - family provisions of the National Housing Act. r THIS MORTGAGE. made and executed this 6th day of December A.D. 19 85 .hyandbetween Clyde E. Gillogly and Kay F. Gillogly, Husband and Wife of the County of Hall and State of Nebraska, partv of the first part, hereinafter called the Mortgagor, and Superior Mortgage, Inc. a corporation organized and existing under the laws of the State of Nebraska party of the second part, hereinafter called the Mortgagee. WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Forty Six Thousand Three Hundred and No /100ths --- -- --- Dollars (S 46,300,00 t. paid by the Mort- 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 and State of Nebraska. to \\'it Lot Four (4), in Block Two (2), in Capital Heights Third Subdivision, Hall County, Nebraska. of the Sixth Principal Meridian. containing in ill ment.ur eN. acresaccoidingto Go\ern- TO HAVF' AND TO 1101 l) the premises aho\e described. \sith all he appurtenances thereunto belonging and including all 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 Mortga- gee, that the Mortgagor has good right to sell and convey said premises: that they are free from encumbrance: and that the Mortgagor will warrant and 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 to Liu or in equity . and Al other contingent interests of the Mortgagor in and to the above - described premises, the intention heing to come\ hereb\ in absolute title. in fee simple. includ- ing all rights of homestead. and other rights and interests as aforesaid. PROVIDFD AI.WAYS..md these presents are executed and deli%cred upon the folloting conditions, to \% it: The Mortgagor agrees to pa\ to Ihr Mortgagee. or order, the principal %uni of Forty Six Thousand Three Hundred and No /100ths -- —._ 1)i11 bus" 46,300.00 '• with interest frurn date at the Tate ui Eleven and one —half pei renuun f 11.5 I per: nnum on the unpaid balance until paid. The said principal and interest sh:dl be pay able at the office of Superior Mortgage, Inc. in Grand Island, NE 68802 or at such other place a, the holder of the note may designate in writing. in monthly installments of Four Hundred Fifty —eight and 50 /100ths - - - -- ___�__� Dollars ' IS 458.50 1, commencing on the first day of February 1 .19 85, and on the Iii-,I day of cash month thereafter until the principal and in- terest are fully paid, except that the final pavment of principal and interesi, if not sooner paid. shall he title and payable on the first Jay of January , 2016 : all according to the terms of a certain promis• sory note of even date here%ith executed by the said Mortgagor The Mortgagor in order more fully Iu protect the security of this Mortgage, agree,. I. That he will nay the Indebtedness. as hereinbefore provided.3'ktalXXXKNM debt, in whole or in part, on any iigtallmgnt �jue date ' L hftat. loge er with. and in at�di c , t o y pay rn o principal :mil mtrrest able under the terms of the not, secured hereby. the Mortgagor will pay to the Mor gagee, on the lint da\ of each month until the saiil note i, full\ paid. the following sums: 1ptlxx obo> rwraotxxxxot7ettrniletailxkboiekxilf [xxk>aadrl)dkxtkxKKlwrxtter xxz>< xxeeepttpeeexxxDwnaxxaoxKOtNxkN xxxxYxfn�xuKK> utdtxiat> tltMetacaxs�itmckKxttpurnmonttxaoxKx� >ftt}c xkatxa tifx><tnc xK wccno>.K�tc xetsirtwttrxx+�nt xxxxx�xffzk> fk�tr![ tr�ax�thl> l�xti�x >6�taR�toftx6c6troMnaarotl>��rax khttiatafxawaxla>txhhxket Wx x xxidxatdtxubM3tXxtu► dtAxxxvdxoncRxbtkxattdx >tbxxaxx » xoe►t KimXxxonl xxtoxxxxxKt nil xmtiaaxfaxxxx xxx Aft keoxkxxxi*xixt *Xxx+x ' SIAII Of NfnHASHA I