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MORTGAGE This loan is used in under connection
<br />with mortgages insured undder the he
<br />one- to four- family provisions of
<br />the National Housing Act.
<br />$ -- 00618('.
<br />THIS MORTGAGE, made and executed this 13th day of December A.D.
<br />19 85,hyandhetween Clark D, Brown and Cheryl A. Brown, Husband and Wife
<br />of the County of Hall , and State of Nebraska, party of the first part. hereinafter called
<br />the Mortgagor, and FirsTier Mortgage Co. °
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSFTH: That the said Mortgagor, for and in consideration of the sum of Thirty —Eight Thousand
<br />Six Hundred Fifty and no/ 100--------------- - - - - -- Dollars 1; 38 , 650.00 1. paid by the Mort-
<br />gagee, the receipt of which is 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 />Lot Six (6), in Block Four (4), in Gilbert's Addition to the Citv of Grand Island,
<br />Hall County, Nebraska.
<br />The Rider to the Mortgage attached hereto and executed of even date here —
<br />herewith is incorporated herein and the covenants and agreements of this
<br />Rider shall amend and supplement the covenants and agreements of this Mortgage.
<br />of the Sixth Principal Meridian, containing in all acre, according to Govern-
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises above described, with Al the appurtenances thereunto belonging and including
<br />all heading, plumbing and lighting fixtures and equipment now or hereafter attached u, or used in connection with said real estate
<br />unto the Mortgagee. and to its successors and assigns, forever. The Mortgagor represents lo. and Covenants with. the Mortga-
<br />gee, that the Mortgagor has good 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 uhomsocver: and the said Mortgagor here-
<br />by relinquishes all rights of homestead.and all martial rights. either nn law or in equiti. and all other contingent interests of the
<br />Mortgagor in and to the above- described premises. the intention being to con c% hcrehy an absolute title. in fee simple. includ-
<br />ing all right%of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents sue executed and delivered upon the follow ing conditions. to wit:
<br />The Mortgagor a ccs to pay to the Mortgagee. or order. the principal sum of Thirty Eight Thousand S ix
<br />Hundred Fifty and no/ 100--------------------- ooilursls 38,650.00 i
<br />with interest front date at the rate of Nine & Ninety —Five HundrelZr t,l,,, t 9.95 1 1 1 er annum on
<br />the unpaid balance until paid. The said principal and interest shall tic payable at the office of FirsTier Mortgage
<br />Co. , in 8712 W. Dodge Road, Omaha, NE 68114 -3494 , or ill such other place as the holder of
<br />the mote may designate in writing. in monthly installments of Three Hundred Seventy One and 70/100 -------
<br />lNillars 15 371.70 1, conimencing on the first day of
<br />February , 19 86 and on the first day of each month thereafter until the principal and in.
<br />terest Ire fully paid. except that the final payment of principal and interest, if not sooner paid. shalt he due and
<br />payable on the first day of January 1, 2006 :;dl according Io the terms of it certain promi %-
<br />miry mote of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage. agrees:
<br />I. 'Phut he will pay the indebtedness, as hereinbefore provided. tliittrpc�tix�[ oetttmeiixlrprgtljtnclNtgdteyt�Jtjlkl7lt
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<br />Ifattquie kwownNe)tx Privilege is reserved to pay the debt, in whole or in part, on any
<br />installment due date.
<br />Ihat, t0 Clhcf with. and in addition u,, the monthly payments of rinci l and interest
<br />L g p p; payat,le under the ,ernss of the
<br />note secured hereby. the Mortgagor will pay u, the Mortgagee. on the lrst day of each month until the said note is fully paid, the
<br />following sum+:
<br />fat Atn,nnrt sufficient to ptr,vhle the holder hertv,l with muds to pay the next nlortlayc nnsatanel• pn °mnuh 11 1111% 1"
<br />lnstelnneht and the nolc sccurc(l hctchy are Insured, n1 .s uumthh 1 :hart ;e n,r 11ru If /Chiron", j1h,
<br />rrPlism) If they :11e held hs nce Se, n•lary 'If Ilsureull; and ( Than I he%ek,pll •nl..1, ildlnus
<br />ill
<br />11 .,nd •III 111sw I,, 'ald r,nle I,1 cvcn Llw .u,d till, 11Mt,tim 11 n.u1,11 u. : m.n,r.l m,di f the pt„
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