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<br />This form is used in connec-
<br />tion with mortgagee insured
<br />MGItTGAGE under the one- to four-family
<br />provisions of the National
<br />~~„~ ~ ~' ~ "~ ~~ Housing Act.
<br />TtitSMORTGAZiE:madeandexe~utedthis 2ND day of February ,A.D.
<br />!4°-83 .hyartdffierween Alan R. Iitttken and KaChleett A. Emken; Husband and Wife,
<br />of-the,Gaunry of Ha11 ,and State of Nebraska;-party of the first part, hereinafter called
<br />-theMOrtgagor;and-Superior Mortgage, Inc.
<br />a corporation organised and existing under the)aws of Nebraska ,
<br />party of the second part, hereinafter called the Mortgagee;
<br />W iTNESSETH: That the said Mortgagor, for and in consideration of the sum of Sixty Thou sand anfl 'No /l"Oflt hs-----
<br />Doflars f$ 60; 000.00 ): Paid by [Ae hfdrt-
<br />gagees the receipt of which is hereby acknowledged, has Gran[ed and Sold and by these presents does Grant, Bar-
<br />gain, Sell, Convey -and Cuntirm unto the Mortgagee, its- successors and assigns, forever, the following-described
<br />rest estate, situated in the County of -Hall , and`State
<br />of ttfebraska. ro-wit:
<br />Lot Fiue (5}, in 81ock Four (4), Colonial Estates Second
<br />Subdiuision to the City of Grand Island, Ha11 County,.
<br />Nebraska
<br />of the Sixth Principal Meridian. umtaining in all
<br />mentsurvev:
<br />acres according to Govern-
<br />TO HAS E ANA Td HQC D the premises atwve described, with alt the appurtenances thereunto belonging and inehtding
<br />alt heating, plumbing andlighting fixtures and equipment now or hereafter attached to or used in connection withsaid real estatt
<br />unto the Mortgagee, and to its successors and. assigns,. forever. The Mortgagor represents to, seal covenants with, the iedotKga-
<br />gee: thartheLiortgagor has good right to sell and convey said premises; that they art: free from encttmbrance,:tntt that the
<br />Mortgs~oc will warcant and defend the same against the lawftd claims of all parsons whomsoever; and the said Mortgagor here-
<br />byrelinquishes a[l rights of homestead, :end al! martial rights, either in taw or in equity, and all other cotrtingtnt interests of the
<br />Mortgagor in and to thaabove-ciascrihed pt-nmises. the intention beingto convey hereby an absotntetitle, in fee simple; incltrd-
<br />ittgall rights of homestead, artd uthv rights and interests as ufaresaid.
<br />PRQYlDk;IJ ALW AYS, and these presents are executed and delivered upon the following condi[iuns, to wit*
<br />The Mortgagor agrees tct pay to the hlortgager., err order, the principal sum of Sixty Thousand and No f 100ths---
<br />-^--------^-----°----------------- Dollars (S 60, 000. Q0 j,
<br />~R ~ Nf b'
<br />with interest from date at the rate o; Twelr-e and One-Half per cemum ( 12. 5 9b j per annum on
<br />the unpaid balance unlit paid. The said principal and interest shall be payable at the office of Super for Mortgage, Inc .
<br />¢~
<br />in Grand Island, Nebraska KR~ t7R~, or at such other place as the holder of
<br />thenotemaydesignauinwritittg,tomotuhiyinstallmentsa~ix Hundred Forty and 35/100ths-----
<br />,,..--_.._..,...-_..__..._-..__ Dollars f561t 0, 35 ), commencing on the first day of
<br />A~r iI . t'l83 ,and on the first day of each month thereafter until the principal and to-
<br />terest are fully paid, except that phe final .payment ai principal .and interest, if nor sooner paid, shall be due and
<br />payable on clie first day of ritarc h 2013 :alt according to the terms of a certain promis-
<br />wry note :~Cevendate herewith executed by the said Mtutgagor.
<br />The Maagagur in txder more fully to protect the securitp of this Mortgage, agrees:
<br />t "fhar•hc veiti•pay {~ irtdetxtedness, as heretnbefiire provided. Privilege is reserved to pay the debt in whole, or in an
<br />amount egstaf fuotte;ar more aaortihty payments on tiro printipal that axe ttext due un the nme, on the first day of any month
<br />prim to mai3trity: ~, 6uv^ever,-That-tvtittea rmricc of an intention to exercise such privilege is given at least thirty t-!0)
<br />days pritut{r~epttymettt•.
<br />2. "ft;at_ fi~Rether wif)1„atptat ~daditiua[e, th+e artontttty_paymenis..uf prirwipat and inisrrvt payable under the tests of the
<br />elate seeur rd tare hy; t#tK Mt}tizr will pay to the Mortgagee, on ttte first day of earth muster unlit. the said torte is fully paid; the
<br />following sum,
<br />(aj ArriintattY~t to priwidp-the-htkkicr treteuf=wtt}t (brats en pay itte next mortgage in3urance premium if this
<br />iustrurtti~}1t`-titid Itts-note secured-hr-retry ace tttwred; ura-tiwnihty ti°ttnrge{tit-flea oja inxrrt~rge iremrunc~e pm
<br />rirduin,t tf they' air ttald try itie Sasrr#ary {rf Ffiuistn~ acid i)rhan t)evr#opment. as follows.
<br />ft) !f' arrd atx tong a~ seed naste .,i or<cn dajc end leers trtsaurrtent ore insured or sec retnsvired utuier rho pre-
<br />ctla tell' f#atstxtat fftvstn~ reel, atr +mnitnt sufferrt in aec~utnulaee in the hands ref the tat~der tote
<br />~rr~w-?Miahrtgr6~:aaltatsurttx+v?t.xt>wsraa rf"f'rt7'~ ~-~ ts~att
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