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<br />83--~~~~rn~
<br />02-26-46649
<br />MURTGAGE
<br />This form is used in connec-
<br />tion ~.vith mortgages insured
<br />under the one- to fora-family
<br />provisions of the National
<br />Housing Act.
<br />THfS Mt3RTGAGE: made and executed this 21st day of January ,A.D.
<br />f4 g3 ;by andbctween Garp H. Ebel and Linda K. Ebel, husband and wife
<br />of the County of Ha11 ,and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and The Richard Gill Company ,
<br />a corporation organized and existing under the laws of the State of Texas ,
<br />party of the second pert, hereirttifter called the Mortgagee,
<br />WlTNESSETH: That the said Mortgagor, for and in consideration of the sum of Thirty Eight Thousand.
<br />at3d OO/100ths-- ------------°------ ~l)a+s (~ 3$, 000.00 ), paid by the. Mort-
<br />gagee, the reeeipt of whichts hereby acknow{edged, has Granted and Sold and by these presents does Grant, Baz-
<br />gain, SNt. Convey and Confirm unto the Mortgagee. its successors and assigns, forever, the foilowittg-described
<br />real estate. situated in the Cuunt;~ of Hail ,and-State _
<br />of Nebraska, to wit:
<br />Lot Twenty-two (22}, in Ross-Theasmeyer Subdivision,
<br />Hall County, Nebraska.
<br />Property Address; 4088 Nevada Avenue
<br />Grand island, NE. 68801
<br />of the Sixth Principai'sfrridian, iontaining insit city property
<br />mom snn•ey:
<br />aeresacc~rdingto Govern-
<br />TC) HAVE AND TO H(lLD the premises atxrve described, uuh a1C the appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting futures and eyuipmrnt now or hereafter attached to nr used in connection with said real aStxte
<br />unto the ,liorrgagee, and (ta its wecessors and assigns, forever The Martgagur represents to. and covenants with, the Mortga-
<br />gee, that the Afurtgttgur has good right to soil and convey said premises; thst they are free from encumbrance; and that the
<br />Motgagor wilt warrant snd defend the same against the lawful claims of ail persons whomsoever; and the said Mortgagor here-
<br />by relinquishes all rights of homestead, and aft martial rights. ruher in law or inequity, and all other contingent interests of the
<br />Mortgagor in and [a tht above-described premises. the intention hang to convey hereby ;tn absolute title, in fee simple, ine)ud-
<br />ing alt eights of homestead, amt other righta and interests as aforesaid.
<br />FRCT~riDED AL. WAYS, and these present. err executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the princtpal sum of Thirty Eight Thousand and
<br />OOh00ihs- --°------°---------------°---fk+iturst5 38,000.00 ),
<br />with interest from data at the rate of Twelve ixt centum ( 12.00 `.~) per annum on
<br />the unpaid hahtna anti! paid. The said principal and interest shat! he payable at the atTtce of The Richard Gill
<br />Company in San Antonio, Texas ar at su~~h~t 1 e as the holder of
<br />the note may designate in writing, in monthly installments of Three Hundred Ninety and S~lp~~'ths-----
<br />_a...Yr._.._...-..a____-_~~ Lleflars t 390.87 }, comtttencing on the tics[ day of
<br />March , iy $~ .and un the hest day of sash month thertafter until the principal and in-
<br />terest aze fully paid, except that the fina4 p.tymrm of principal amt interest. if nut ;auner paid, shall be due and
<br />payable on the first day of F6hruary 2013 :ail according to the terms of a certain prumis-
<br />son•-torte of even dare herewith executed by the said Mtxtgagw.
<br />The Mortga$cx in order more fatty to prvxcct ttx security of this Mortgage, agrees:
<br />1. That he wiii pay the ittdrMtdtress, as hereirdxfore provided. Privilege is reserved to pay the dept in whale, ur in an
<br />amount €qWd to tote ear mote monthly payments art the principal that are next due on the oats, on the first day of any month
<br />pricer bs maturity: Frovideif. hntvever. That written rxvtu-c of an intentiua to exercise sue:h privilege is given at least thirty t30)
<br />days prioi to prepayment.
<br />Z. That, tct~thRr with, aml in addition to, the manthfy payments uC principal and interest payabir under the terms of the
<br />rtatt sutured hereby, the hitwt~,ur will pay rn tht Aiortttapce, on the first day of each month until the said note is Putty paid, the
<br />falkrwing wars:
<br />(a) Amvxuti-wffh~tnt ta-provide the htatriCr hereof with futxlx to pay the nest trtortgat;c ittsurancc: ptcnuum ff thu
<br />nstrtttasett aad iha. tnttt tacttrad hereby arc inwred, at a nttmNtty charge iAr Here raj tr rrrr,rr~,ge inatargrrc`<° t'+a`
<br />rrdwty~ if the err held by the Secretsty of liotuitigand Urban Devclr>prtxut, as t~altcrws
<br />f l) If~-and au lc~ ,nt seed nstiF t3f [rare dally and. this irrstxrsttitnt arc msurrxi m are teittsutevi urnirt the pru-
<br />vitet»ts rtf the :~tatix+tral fietxtsia~-Act, an antctutrt suff"xient to accomufate to the hands at the holder cane
<br />STAT! t)f \I:tiR~.4"lCA
<br />Wt++t~w #FtA 3s+l~i wt~«t .,x+at urorA ~unptg +t •rfiwAtitt
<br />rtcrcr o2 t a3ta is-agt
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