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85-- 006356
<br />MORTGAGE This form is used in connection
<br />m
<br />with ortgages insured under the
<br />one- to four - family provisions of
<br />the National Housing Act.
<br />THIS MORTGAGE, made and executed this 23rd day of December A.D.
<br />19 85 , by and between Joseph G. Anderson and Kimberly M. Anderson, Husband and Wife
<br />of the County of Hall . and State of Nebraska. party of the first pan, hereinafter called
<br />the Mougagor, am 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 />WfTNESSETH: That the said Mc+rigagor, for and in consideration ,.t the sum of Forty Five Thousand
<br />One Hundred Fifty .and No /100ths --- WIlars t5 45, i5�0.00 ), paid by the Mort-
<br />gagee, the receipt of which is herehy acknowledged. has Granted and Sold and i y t ese presents does Grant, Bar-
<br />pin, Sell. Convep 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 Eleven (11), Blbck Six (6), in College Addition to West lawn, City of
<br />Grand Island, Hall County, Nebraska.
<br />of the Sixth Principal Meridian. conlaining In all acre,. according to Go,cin-
<br />tnertt survcv:
<br />T(f HAVE A`dD TO Htil D the premises ah,ne drsathed. with all the app urienances therrumo belonging and including
<br />all heating. plumhing and lighting fixu.ircS and cyutp1T1cnt row or hereafter attached to or used in connection with said real estate
<br />unto the Mortgagee, and to it, ,ucce,,or, :,nd assigns_ forever 1-he Mortgageu represetn, lo. and covenants with. the Mortga-
<br />gee. that the Mortgagor has govid right to ,ell and conveti .aid premise,: that the% are free from encumbrance: and that the
<br />Morigagor will warrant and defend the ,wlie against the 1,iv tul :1,um, of ali person, w homsocver. and the said Mortgagor here-
<br />by relinquishes all right, of homestead, and all martial rights. either in law or in egmty. znd :dl other contingent interests of the
<br />kiortgagor in and to the ahore- descrihvd premi,es. the intcnuon being io con•. c% hereto an ah,olule title. in fee simple. includ-
<br />ing all rights of homestead, and other right; and mtcre,ts a, afore,aid
<br />PROV 1DED ALWAYS. and the,e present, are executed and delivered un „n Nee follow ing condition,, to -,kit:
<br />The Mortgagor agrees to pat to the Mortgagee. or order. the principal ,tins of Forty Five Thousand
<br />One Hunered Fifty and No /100ths D t” tr' t` 45,150.00 r
<br />with interest from date al lIle Tale of Twelve Iel .rnnilu t 12.0 i per amn in on
<br />the unpaid halance until paid The Said principal and interesl ,hall he pay ahle at the office of
<br />Superior Mortgage, Inc.
<br />in Grand Island, NE 68802 or at such other place aS the holder of
<br />the rime may designate in writing. in monthly installment, of Four Hundred Sixty Four and 42 /100ths ----
<br />Ik111ars 6 464 42 commencing on the first day of
<br />February 86. and Sin the first da% kit each month thereafter until the principal and in-
<br />terts��cfully paid. except That the final payment of principal and iniere,t. if not s,x+ner paid. shall N, due and
<br />pacablt on the first day of January 2016 —ill according to the term, of a certain promis-
<br />Strry rwrte of "en date herewith executed by the Said Mortgagor
<br />The Mrrig Igor in order more full% to protect the securut of this Morigage.:,i:ree,
<br />I That he will pay the indehiedneaS. its hereiribefote provided f'afJlwlt7tiixmal RrlxRM jgKXkdd=3MAVj X
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<br />Privilege i. _reserved pay the debt, in whole or in part, on any
<br />inr�allta il. due date."
<br />hat. let thet Myth. and m atldtt till nor ii anti interest pav;ahle under the terms of tfte
<br />nose wk:urc1 herebN. the U(irtgagnr w lira} to the Morig.aace. on the first day of cash month until the ,,io note is Tull% p:,ld, the
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