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83-a.t~4il~ MORTGAGE This form is used in connec- tion with mortgages insured tinder the one- to four-family provisions of the National Housing Act. $3_.._ t1110~ii~.~ "With deferred interest and increasing monthly installments" TH[S MORTGAGE. made and executed this 17th day of January A D 1983 .by and between Mark R. Bruner and [sisti K. Bruner, Husband and Wife, of the Coumy of Hall .and State of Nebraska, party of the first part, hereinafter called the Mortgagor, and Superior Mortgage, Enc. , a corporation organized and existing under the laws of Nebraska pam~ of the second part, hereinafter tailed the ;Mortgagee, bV(TNF,SSETH That the said Mortgagor, for and in consideration of the sum of Forty Thousand and No/100ths--- ____ __ ___ ___________________ Dollars (S 40 000.00 ), paid by the Mort- gagee, the receipt of which is hereby acknowledged, has Granted and Sold and ~iy these presents does Grant, Bar- gain. Sell. Convey and Confirm u to he Mortgagee, its successors and assigns, forever, the following-described real estate, situated in the Cuunty of ~alf ,and Stale of Nebraska. ro wit: A certain Part of the Southwest Quarter of the Northwest Quarter {Std3~NW~) of Section 3, in Towtship 4 North, Range 9 [vest of the bth P.M., in Hall County, Nebraska, more particularly described as: Beginning at a point where the North line of the Southwest Quarter (S[~Z) of the Northwest Quarter (NW's) of Section 3, in Township 9 North, Range 9 West of the 6th P.^L, intersects with the east right of way line of the State and Federal Highway Known as 281, which point is 51.75 feet east of the Northwest Corner of the southwest quarter (SW?t;) of the Northwest Quarter (NW'-E) of Section 3, in Township 9 North, Range 9 West o€ the 6th P.M., running thence East along and upon the North line of the Southwest Quarter (SWt-~) of the Northwest Quarter (NWt~) of said Section 3, 272.25 feet, running thence South parallel to the West line of the Southwest Quarter (SW'-4) of the ^7orthwest Quarter (NWrZ) of said Section 3, 337.0' running thence west parallel to the North line of the Southwest Quarter (SW'z) of the Northwest Quarter (NWT) of said Section 3, 271.8 feet, to a point on the East Right of Way Line of the State and Federal Highway Known as 281, Running Thence North upon and along the East Right of tJay Line of State and Federal Highway known as 281, 337.00 feet to the actual point of beginning. of the Sixth Principal Meridian, euntauting in all went survey: acres accurding to Govem- TO HAVE .aND TO HOLD the prrminr, shove described, with aiS the appurtenances thereunto belonging and including sH heating, plumbing and lighting tixturrs and equipment now ur hereafter attached to or used in connection with said real estate unto the Mortgagee. and to its successors and assigns. forever. -The Atortgagur represents tu, and covenants with, the Mortga- gee. that the Mortgagor has eoud right to srl( and atnvey ,aid premises; that they are free from encumbrance; and that the Mortgagor will warrant and defend the same against the lawful claims of a[I persons whomsuevee and the said Mortgagor here- by relinquishes all rights of homestead. and all martin[ rights. either in taw or in eyuity, and alt other contingent interest; of ilia Mortgagor in and to the above-described premises, the intention being to convey hereby an absolute title, in fee simple, includ- ing all rights of hi+mrstead, and other rights and imeresn as aforesaid. PROVIDED AL\4'.AYS, and these prrsrnn are executed and delivered upon the iullowingamditions, to wit: The Mortgagor agars w pay w the Atangagre, or nrilrr. the princip:d sum of Forty Thousand and No (100ths------ ----------------------------------- thtilant~y0,000.00 ). with interest froth date at the rate of Twelve and One-Half par renunn ( 12'i 7e) per annum on the unpaid b:dance until paid, "The said principal and interest shall he payable at the office of Super for Mortgage, Znc . m Grand Island Nebraska _ or at such other place as the holder of the note may designate fn writing, in mont~ity inatallmrnnof (According to Schedule A on said note) ), cornmencing on the first day of Mare,h - Iq 83 ~ and on the tint day of each month thereat[er until the principal and in- terest are fully paid, except that the tonal payment of princip;,! and interest, if nut sooner paid, xhall be due and payable on the first day of February 2 013 ;alt accurding to the terms of a rennin promis- sorymrteufevendateherewithrxecutedbythesaiilMortgagur Deferre~ int@regt Sh 1 be added to the principal balance monthly and shall increase t e princl_pa ~~~a~~~ t~ not mo~e Mortgagor in order more fully to protect the seetuity of this Mortgage, agrees: t lino 0 }, L That he wit{ pay the indehtednrss- as hrreinbeture provided_ Privilege is reserved to pay the dab! in whole, a[ in an amount equal to csne ur nwrr monthly payments i+n the principal that ara rtrxt due an the note, tin the lust day of any munch prior [o maturit}: Prorated, tx>wevrr, That written rsratice rzf an intention to exercise such privilege is given at (east thirty 1301 days prior to prepagment, 2_ That. tagether with, and in addition ro, the monthly payments of principal and interest payable under [he terms of the nrtde .+ecu€ed hereby, rite Montagnr wilt pay to the Mtutgager, on the first day of each month until the sa[I1 note n fully paid, ihr fotluwirtg soma: {a) .A+nwtnt suft3+aant to pusti~tde t}se #sulder hanof with funds cu pay ilia next niurtgaga msuranr~r prarmum tf this utsutrtrtent and the note a`acutad baceby am irtssrroxi, of a monthly charge (in lieu <ef's xurrtttragr insxuunee frrx~ infant{tt thr!yr-are Ftrkt 1sg the',~cretary at Hcwsutg and labau Rem}oprnetu, as fuliows_ itt if seal s.r long as saEd hots in roan data and this utstrun~rtt ore inwred cx seer remsurad urtdr:r t}se pro- t~sac>fxi taf the hfattitnal Tkniciug Ar b an azncwnt suti`tr-iant to ariwrnulata to the !!sods of the holdr€ rate ttt~tu.saR F p a-Yt~%As rot«aw reran ter uatN rs+r+W~ ~ g>Rna»srae :?TATS t7F !tik:kSKAtil1 A r+utxstatasnt pit aet