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<br />'t'his form is used in connec-
<br />tion with mortgages insured
<br />MORTGAGE under the one- to four-family
<br />provisions of the National
<br />Housing Act.
<br />8~-- +~ U t?~~ 7
<br />THIS MORTGAGE. made and executed This 17th day of January .A•D•
<br />19 83, by and between Robert L. Rupp and Jody A. Rupp. Husband and Wife
<br />of the County of Hall ,and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and Superior Mortgage, Inc.. '
<br />a corporation organi;.ed and existing under dhe taws of Nebraska '
<br />part y of the second part, hereinafter called the Mortgagee.
<br />N+ITN6SSETH: That the said Mortgagor, for and in considenition of the sum of Fifty Six Thousand and.
<br />tVO1140ths------- -^-- Dollars 15 56 , 000.00 7, paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged. has Granted and Sold and by these presents does Gran[, Bar-
<br />gain. Sell. Canvey and Confirm unto the Mortgagee. +ts successors and axsigns, forever, the fallowing-described
<br />real estate, situated in the County of Ball ,and. State
<br />of Nehfuila, lU hit:
<br />Lot Twenty-two (22), Westroads Estates Third Subdivision,
<br />Bali Cotmty, Nebraska
<br />of the Sixth Principal 4teridian. containing in .dl
<br />mentsurvey:
<br />acres accvrding to Govern-
<br />'T'O HAVE AND TO HOLD the premisc+ above described, with ail the :eppurtenances thereunto belonging and including
<br />atl heating. ptutt}bing and lighting 6xturzs and equipment new or hereafter sttached to or used in connection with said real estate
<br />unto the 'Forgagee. and to i[s sutt-essors and assttm+, forever. Ilie Mor*.gttgor represents to. sod covenants with. the Mor[ga-
<br />gee. thaE the Mortgagor has good right to sell and rancey ,aid premises that they ara Free from encumbrance; and that the
<br />Mortgagor will warrant and defend the same against the lawful claim, of all persons whomsoever; and the said Mortgagor here-
<br />by relinquishes ail rights of homestead, and alt martial nghu, either m law c>r in equity. and all other contingent interests of the
<br />Mortgagor in and to the ~c+rrve-described premises, the intention hping to convey herzhy an atzsatute title, in fee simple. includ-
<br />ingall rights ni homestead. and other rights ,tnd interests as aforesaid.
<br />PROl1fI7ED ALWAYS. and these presents are executed and deiisered upon the fallowing conditions, to wic
<br />The Mortgagor agrees to pay m the ~tartgagee, fsr order, the principal sum of Fifty Six Thousand and
<br />No/100ths---- ------------ lhiliars i~ 56 r 000.00 t'
<br />with interest from date at the rate of `delve and One-Half per centum ( 12.50 <,~,}per annum on
<br />the anpaid balance until paid. The said principa{ <tnd interest shall he payable at the afTice of Superior Mortgage, Inc.
<br />in Grand Island, NE 68801 ar at such other place as the holder of
<br />tip rrkitt: may designate in writing, in monthly installments ai Five Hundred Ninety Seven and 66/100ths---
<br />.,,,~_~.._„_~~~, lh>llars tC 597.66 s. corrunenctng on the first day of
<br />Maz, h . 19 83 . and un the first day ut ea; h month thereafter until the principal and in-
<br />teresE ara fully pai~ except that the final payment of principal and interest, if nut sooner paid, sfiall be due and
<br />payairte un the firstday of February 2013 , :ail according to the terms of a certain ptumis-
<br />3ary-note of evt;n date herewith execuied~ry the said Mortgagor.
<br />'T'heAiurtHagor inardermore fatly to pix~tect the security of this Mortgage, agrees:
<br />1. 'Tfiat he witl.ptiy the ituletetedness, as hereinbefore provided. Privilege is reserved to pay- the debt trt whole, ar in an
<br />amount e~u:+l to ante-pr- ragre tttanthty payments an Ylte prirxipal that are next due un the note, oa the 6rs! day of any month
<br />prior tit r,iatutitg.-Arc[y'dert, however, That written notice of an intention ra exercise such privilege is t~ven at least thirty t30)
<br />dupe pri+tr iii pr~epsg'titent.
<br />2. That. together whir; arnt in addition to. the mattihly payments of prirxipal and interest payable under the terms of the
<br />ntkt ~etyt~ed #~relty, the M~tgagdr-xil! pay to the Mortgagee, nn the first day of each month anti! the saitt note is ful}Y paid. the
<br />ftdfawittg solos:
<br />(a) ,+trtivtust attftaciertt. trt.prrrvide ttta-1t.~7det hereof wish futtds to pay. iltt: neat itturtgsge insurairee lirermum it this
<br />'tn~irutttertt atilt..-the no[e,setnred horehy are imtired, or a mutithly cltarge sin titMt uJ c rrnxte insttrortce pre-
<br />rttiunt# ifthe} are heist by rho Seetetsxy of ttousntg attd Urban Uevekipnx`nt, ss i`<rlluws.
<br />E tt It.at+d-tsrf l-as seftt trtztt: of seen data arid. this uisEruntett€ see nasurtd cu sec reinsured ttrtder die prz+•
<br />- ..'"..'" ~ :~: °.~.'." „,-mow'+~+r""-°tea :a vastetp- isi.-s, un iurniu€t aniiw`+rc`ni 'av ai~'usTxu.a`s8 #aa ttcc h'asr'us va 'si+s e`tcn'ua o7,i
<br />S'C#TE t1t+'-NIsN}IASK.3
<br />t rtrac 2ttt.,as+ctr t,Q ~ewu t„-,ut ~.at>~'r ., ~astr~arceet itVt~-92t~Ytta kA-rt€i
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