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<br /> This 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 />p
<br />• Q~~oO~~g
<br />~ 06137732
<br />THIS MORTGAGE, made and executed this 2nd day of February ,A.D.
<br />19' g3;b¢andbetween Frank Coldwater and Evyon Coldwater, husband and wife
<br />ofthe"County of Hall ,and State of Nebraska, party of the first part, hereinafter calted
<br />thtr Mortgagor, and ,
<br />COMMERCIAL FEDERAL SAVINGS & LOAN ASSOCIATION
<br />a corporation organized and existing under the laws of Nebraska
<br />party of thb second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of THIRTY THOUSAND
<br />FOUR- HUNDRED FIFTY and 00/100 Dollars {S 30, 450.00 ~, paid by the Mort-
<br />gagee, the receipt of which is hereby acknowtedged. has Granted and Sold and by these presents does Grant, Bar-
<br />gain, SeIL Convey 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: 204 East 10th, Grand Island, Nebraska 68801
<br />Fractional Lot Five (5) in Fractional Block One Hundred Forty-four (144)
<br />in Union Pacific Railway Company"s Second Addition, and its complement
<br />to-wit: Fractional Lot Six (6) in Fractional Block Twenty-nine (29) in
<br />Rusael Wheeler's Addition, both being additions to the city of Grand
<br />Island, Hall County, Nebraska.
<br />of a
<br />TO HAVE AND TO HOLD the premises above described, with aii the appurtenances thereunto belonging and including
<br />alt heating, plumbing and lighting fixtures and equipment now or hereafter attached to ar used in connection with said real estate
<br />unto the Mortgagee, and to its successors and assigns, forever_ The Aforteagur represents to, and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right to :ell and eunvty said premi,es~ that they are free from encumbrance; and that the
<br />Mortgagor will warrant and defend the same against the tawfui claims of all persons whomsoever, and the said Mortgagor here-
<br />by relinquishes alt rights of homestead, and att martini rights. either m taw ur in equity, and all other contingent interests of the
<br />Mortgagor in and to the above-described premise,, the intemion being to cumey hereby an absolute title, in Fee simple, includ-
<br />ing al! rights of homestead, and other rights and interests as aforesaid.
<br />FROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgaggo~~~r~~agrees to pay to th !iyyffor agee, or order, the prncipal sum of THIRTY THOUSAND
<br />FOUR, HIINDRED FIFTY and 0~(10~ DotlarstS 30,450.00
<br />with interest from date at the rate of TWELVE and 001100 par xntum { 12.000 `re) per annum on
<br />[ht unpaid batan~e anti{ aid 7~~ s d ri ci al • d inter s shall avabl~ a he office of
<br />Gato~aeiFcial F`e~e~ag ~av~ngs JY tLoanb`A~~soc3a>`~on
<br />in Otttaba, Nebraska or at such other gI ce as the holder of
<br />the note may designate in writing.in monthly installments u( THREE HUNDRED THIRTEEN and 33100
<br />Dollars tS 313. ~3 1. commencingon the first day of
<br />?1pri1 , 19 83and on the nt day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the final payment of principal unJ interest, if nut sooner paid, shat) be due and
<br />payable on i:te f}rst day of March, 2013 :all according to the terms of a certain promis-
<br />sary note of even.date herewith executed by the said Aortgagor.
<br />The Mortgagor in order more fatly to protect the security of this ~turigage, agrees:
<br />t. Tha£ he will pay the indebtedness, as hereinitefore provided. Frivilyge is reserved to pay the debt in whole, or in an
<br />amaunt,equal tR one or more tttonthiy payments on the principal that are next due on the note, an the first day of any month
<br />pt9ur to maturity:-,irovided, however, That written notice of an intention to exercise such privilege is given at least thirty (~U1
<br />days prior. to prspaytncrtt.
<br />:: `t'hat, tage3litrr with, and in addition to, the monthly payments ut principal and interest payable under [he terms of the
<br />°itotases~rpd harabj±, rite Mortgagor will pay to the Mortgagee, an rho firstday of rsch month until the saiit note is fully paid, the
<br />$rillowirffi suara_
<br />(tt}. Amttun£ tuI`ft~ttt to ptorsdo the holder hereof with funds to pay ttte next muttgage insurance premiutrt if this
<br />instrurttant iitKt- the. note secured hereby- arc insured, or. a monthly charge (in tisrr of r1 rnorrg~ irewrur#eC fre-
<br />_ rrrr-J if tltey:ue l~ld b} the 5et<regrj+ r>f Houuseng anti Urbart Development, as follows;
<br />{I) if and so long as said rtote ,af evtn data grid tats ;t:st.u,ncnt arc insured or are re,ttsured under the gro-
<br />rtsiutrs trf lire Natit»l Iluuatng cwt, an amount sui~nrant to ac;eurnulate in tftc }rands of the holder tare
<br />fiia ~t#,~.ztasta wtk+~r w ~wsfi y+,rra Ewurty +s ¢sr cwst~t :~'TA'C~ OF ~7il3lLA5Kz1
<br />~tuu-#t'~ts3M t~.9t
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