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This form is used in conrtec- <br />tion with mortgagee insured <br />T la:loUTf'tAG~'j under the one- to four-family <br />1 v provisions of the'. National <br />c~, r 1+~ Ho~singAct:- <br />8~~0~ f t3~. 06137805 <br />THFSI~tORTCAGEmadeandexecutedthis 15th day of February ,A:D. <br />19,.=83 ; by and between- Ch'tistophar G. Doyle; a single person <br />4f the Gaunty nf`- Hall: ,and State of Nebraska, party of-the-first part, hereinafter called <br />the li+fortgagor; and <br />CONMERGIAL FEDERAL SAVINGS & LOAN ASSOCIATION <br />acarparatianarganized-and existing under the laws of Nebraska , <br />partyof Yhesecond part, hereinafter called-the Mortgagee; <br />WITNES5£TH: `That the said Mortgagor. far and inconsideration of the sum of TWENTY FOUR THOUSAND <br />TWO-HUNDRED FIFTY and 00/100 17ollars($ 24,250.00 ),paidbytheMort- <br />gagee;-the receipt of which is hereby acknowledged, has Granted and Sold and by-these presents-does-Grant; Sar- <br />-gain, Setf, Convey and- Confirm umo the- Mortgagee, its soccessors and assigns, forever, the.folfowing-described <br />reafestate; situated inthe-County of 11x11 ,and State <br />o€Nebraska,ra-wit: 227 So• Vine; Grand Island, Nebraska 68801 <br />Lat Nine (4); Block Two (2), Koehler Place, an Addition to <br />the Citp of Grand Island, Hall County, Nebsraska. <br />§t9[R'1!'3FlER9~llr!®~ <br />TO HAVE ANI) TO HO41? [he-premises above described, with all the appurtenances [hereunto belonging aad inclttding <br />all heatipg,plumbingend Iighungfixtures and equipment now ar hereafter attached to urused in connection with said real estate <br />uaiathe Iviottgagee; and to its success.ars and assigns, forever. The Mortgagor represents to, and covenants wikh, the Mortga- <br />gee, that the Mtxigsgor has grnad right to sell and convey said premises: that they are free from encumbrance; and that the <br />Mortgagorwi}t warrant and defend-the same against the lawful claims of all parsons whomsoever; and the said Mortgagor here- <br />byrt:linquishes alt rights of ho[nestead, and aH martial rights, either in law or inequity, and ail other contingent interests of the <br />Mart~gpr in:atrcita the above-described premises, the intentian-being to convey hereby an absalutetiUe, in fee simple; indud- <br />ing alt iigltu of hamestead, and other rights and interest as aforesaid. <br />PRpVIDED AL1t,'AYS, and these presents .ire executed and delivered uptm the following conditions, to wit: <br />The Mortgagor agrees to pay to the !vtortgagee, or order, the principal sum of TWENTY FOUR THOUSAND <br />Tti!O HUNDRED FIFTY and 00/100 CkallatsiS 24,250.00 <br />with interest tram date at the rate atTWELVE and OOJ100 per eentum ( 12.000 96) per annum on <br />the unpaid balattce unfit paid. The said principal and interest shat! be payable at Ehe office of <br />Cotttmert:ial Federal Savings & Loan Association <br />in Omaha, Nebraska , or at such other p ace as the holder of <br />the note may designate in+vriting, in mpttthty iastatlmet[ts of TWO HUNDRED FORTY NINE and 53 100 <br />Ikillars (S 249.53 !, commencing un the first day of <br />t4 83 , and on the first ,lay of each month thereafter until the principal and ia- <br />tecest are fully paFid; except that lla: final payment of principal and interest, if net sooner paid, shall be due and <br />payable an the first day of March , 2013 ;all according to the terms of a certain promis- <br />sory note of even date herewith executed by the said Mortgagor. <br />The Mrrtgagor in order more fully to protect the security of this Mortgage, agrees: <br />3. Tt~t, ire; wilt: pay the indelatedness, as liereinbetoce provided. Privilege is reserved to pay the debt itt whole, or in an <br />amour! equal to o#as,ormore-teantldY payments.on the principal that are next due on the note, on the first day of any month <br />pricit tp t~turiiY: prouidest~ hutgever, That written, notice of art imentian to exercise such privilege is given at least thirty (3t)) <br />iiaYs prier n, prepayrn~}t4 <br />:. That, tageiEet with. snd+n add't_tian-to, the mtutUtiy payments atprincippa• !,and interest payable uuder the terms of the <br />Hate secured hereby, the-}tf ortgagor e tai pay h) tits Mortgagoa, ad the, first day ~al,each month until the sail) note is fully paid, rho <br />fat{owitrgsums: <br />(ai Atttiotun su€Ite~u#. to provide fife holder hereof with furxis to pay life next martgsge insurance pcetnium if lifts <br />utstxu#tiktt## aru) :t8e rata aeeutcd hereby xte ituared, of a trtunthi#r ehacge l fn lieu ref a marrgrige insurar[se pre- <br />Mitutt j iF thsY art held by the Secretary tit' litwsing artd t;rhan l7avaloptttent, as fvtltotvs: <br />(I) If an$-ssf toffy as-saki ttotp of evert date and ifris Jnstrument me insureif at ar4 rrinsurrd under th,• pro- <br />t~sioaa-t'at` tk+F f~tttSrtat E(attsFttg Act, an amauat auf#"teien# to arxumulate in the hands of fife ht~i=.~ one <br />RFtatacee crsR-:?4aM,rtar#, may tea ve'xs umss aurw+r +* esA~.wcW 'TATSt)F NF.KItA3iCA <br />