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<br />Q ~""~'iilif lJ ~ l:!
<br />MORTGAGE
<br />This form is used in connec-
<br />tion with mortgages insured
<br />under the one- to four-family
<br />provisions of the National
<br />Housing Act.
<br />TH1Sfvf~RTGAGE;madeandexecutedttiis 31st day of January ,A.f).
<br />Ig' 83~byattd6etween Ro-Bert L. Brownlee-and Jackie L. Brownlee, Husband-and Wife;
<br />of ttttCottnty of Hall ' ,and State of Nebraska, party of the first part, hereinafter called
<br />fhcM1fortgagtir,and Svgerior Mortgage, Inc. ,
<br />a corporation organized and existing under the laws of Nebraska
<br />party'ofthe second part; hereinafter caified the Mortgagee,
<br />WITN1uSSETH: That the said Mortgagor, for andinconsidetation of the sum of Forty Six Thousand Seven Hundred
<br />Fif and . No // 0(~h s------------°------- ,---- Dollars (S 4 6, 7 50.00 ), paid by the 7Nort-
<br />gagee;~?~e rece+pt dflwfiicF is hereby acknowledged, has Uranted and Sold and by these presents does Grant, Bar-
<br />gain,' Selig Convey and Confirm- unto the Mortgagee; its successors and assigns, forever. the following-described
<br />real`estate, situated in the County of Hall , anil5tate
<br />of Nehrtiska. town:
<br />Lot 'Three (3} and the North Twenty Ttao Feet and Six Inches
<br />(N22`b"} of Lot Five (5), itt Brock Five (5), itt College
<br />Add'3tion to West Lawn, an Addition to the City of Grand
<br />Island, Ha11 County, Nebraska
<br />of the Sixth Principal Meridian, containing in all
<br />mentsurvev:
<br />acres according.toGovern-
<br />Tp HAV E ANi) T() Ht}LD rite prentises strove described, with all the appurtenances thereunto belonging and including
<br />all heating, piumtringand IigtNittg fixtures and equ+pment now or hereof ter attached to or used inconnection withsaid`•rea}-estate
<br />unto the 4~torkgageg, a.-td to its successors and assigns, forever. 'The Mortgagor represen[sto, and covenantswith,.the_Mor~a-
<br />gee, that the Mortgagor has gtrpd right to Sett. and wnvey said premises; that they are tree trout encumbrance; and thatlhe
<br />Mortgagor will warrant and defend the came against the lawful claims of all persons whomsoeyer;and the said Mortgagor here-
<br />by reiiitgutshes all rights of homestead, and at! inariiai rights, either ir, raw or in equit}°, and ail other contingent interests of.the
<br />Mortgagor in and to the above-described premise,, the intention being to convey hereby an absolute title, in fee simple, includ-
<br />ingati rights of homestead, and other rights and interests as aforesaid.
<br />PRQyIDED ALWAYS, and these presents are executed and delivered upon the following conditions,-m wit.
<br />The Mortgagor agrees w pay to the Mortgagee, or order, the principal sum of Forty Six Thousaad Seven
<br />Hundred Fifty and No/100ths-------------- Doilars(5 $6,750.00
<br />with interest from date at the rate vi Fourteen pet certtum ( 14.0 ,~,}per annum on
<br />the unpaid balance anti} paid. The said principal and interest shalt be payable at the office of Super tor. Mor [gags, Inc.
<br />in Grand Island, Nebraska , or at such other place as the holder of
<br />the note maydesig+ateinwriting,inmonthtyinstatlmentxot Five Hundred Fifty Three and 93/100ths-----
<br />__w_________________ Ddlars tb 553.93 ), commencing on the first day of
<br />xtq eh , t9S3 , and on the first day of each month thereafter until the principal and in-
<br />terest are.fuily paid, ,except that- t~+e_~ttal payment o€ principal and interest, i[ nut sooner paid, shall be due and
<br />payable on the first tray nt`_ Februar 2013. ; alt accwdingto the terms of a certain promis-
<br />sorynote ct`f even date herewith,executed ty the said Mortgagor.
<br />The i~tortga~ur in order more Fully to protect the staurita of this Mortgage, agrees:
<br />t. That hr vritl pay #he-indebtedness, as hereinbe#ore provided. Privilege is reserved to pay the debt in whole, or in an
<br />amt7ant eyuai tc+oae or more ttwnthly payments on the principal that are-next due trn the note, on the first day of any month
<br />prier to nntttir6y_ iprtxvidotf.-however; iYtat written-notice of an intention Ur exercise such pnviiege is given at [east Fhirly t3(f)
<br />days prxer,taprcpaytnent:;
<br />'- `Ht:t}, wgetitet iwith. and it! additn ta, ihq Rtunthly payments of pntu«ipat and interest payable under the terms of. the
<br />[tote ses'ured lteby. ittt R#otigtigar will pay let the Aiortgagee,,on the first day of eah month uatil.the saili twte:is in-1y paid, the
<br />folluwtng a++fitE.
<br />(a) r~tnuuut=aufi"ietat7t fo ptovrde the hotdor' hureuf with funds [o ptyy th+' n°xt nnirt~age [n&urance premium it this
<br />mstrumeett and iha note secutdlaeneby are insurer!: ui a ntonthty rftatge (irt f&~ia rr}'a rnririgage insurance Xrre.
<br />:r+r"errrt j tf-titay ~'It~it}'n+,~' ttt~ Szt~xtaty .rf Flihising ritd Llrhan I1eSeeti~pmrnt, as fotTtrws;
<br />tIt It a++d axe tor>g as az;d a~ to eel men data 'rod then c»strutraeut ere ertaugccl ca are rcatsu red under the trnt-
<br />+~,stotta _vf the *tat#zrral #fousing Act, ate stn<sutrt sut`f~ient let a,.tarmuta€e in the hands of the kidder one.
<br />:+'f'A"i`is ttf~. E3fia`i3K etrri4GA
<br />rtutr3ac'+r FrtR-1 t4~ ~ w0€r~ta z~Y tut -slxYtr e,*.tK x~f3rn't ss e~~w#tMt;- t 1Ut7 dd3 t4~M (8-75}
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