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<br />This form is used in connec-
<br />tion with mortgages, insured
<br />le!IORTGAGE under the one- to four-family
<br />~~;yy~ pp,, provisions of the -National
<br />8~~...r {~ ~,~ El++~ Housing Act.
<br />THYSMOI2TGAGE;madeandexecufedthis 28th day of February ,A:D.
<br />T4`83~" ~byand`t'et`°een David' P. Buss and` Shelia M: Bliss; Husband and- Wife
<br />of,thc County of Hall ;and State of Nebraska, party of thtfirst part; hereittafter`calTe'd
<br />the~tufortgagor, and Superior Mortgage, Int;.
<br />a corporation organixed`and existingunder the-laws of Nebraska
<br />party of the second part; hereinafter calkd the Mortgagee,
<br />WITNESSETH: That tfie said Mortgagor, for and inconsideration of the sum of Fifty Five Thousand and
<br />No/IOOths-r-------------- Dollars C$ SbS, t~00.00 ), Paid bythe MoFt-
<br />gagee; -the receipt of which is hereby acknowledged, has Granted and Sold and y t ese presents does Grant; Baz-
<br />gain, Setl; Convey and Confirm- unto the- Mortgagee. its successors and assigns; €orever, the*foHowing-described
<br />real-estate; situated in the County of Hall ,and State
<br />of Nebraska, to wit:
<br />I,ot Fifteen (15). Castle Estates Subdivision. Hall
<br />County, Nebraska
<br />of the-Sixth Principal Meridian, containing in alt
<br />mentsurvev:
<br />acres according to Govern-
<br />TO HAV£ ANll TO HOLD the premises above described, with s1I the appurtenances thereunto belonging artd ineiuuing
<br />all heating, plumbing and fighting fixtures and egtripment now ur hereafter attached Fo or usedin connection with said real estate
<br />unto the Mortgagee',-and to its successors and assigns, tarever. The Mortgagor represents [o, and covenants with, the Mortga-
<br />gee, thaPthe Mortgagor has good right to sell and convey said premise;; that they are tree from encumbrance; and that the
<br />Mortgagor will watrani and defend the same against the lawful eiaims of all persons whomsoever; and the said Mortgagor here-
<br />byrelirtquishes all rights of homestead, and all martial rights, either in law or in equity, and all other contingent interests of the
<br />Mortgagor in and to the above-described premises, the intention being to convey hereby an absolute titk, in fee simple, includ-
<br />ingall rights of homestead, and other rights and interests as aforesaid.
<br />PRGVIDED ALWAYS, and these presents are executed and delivered upon the followingconditions, to wit:
<br />The Mortgagor agrees to pay «~ the Mortgagee, isr order, the principal sum of Fifty Five Thousand and
<br />No/100ths-----^____r___ Dollars l3 55,000.00 )*
<br />with interest frrnn dace at the rate of Thirteen and One-Half per ceutum ( 13.5 ~) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payabk at the office of Superior Mortgage, Inc .
<br />in Grand Islatul. Nebraska , or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Six Hundred Twenty Nine and 98/100ths----
<br />_____A .~_~___~__-__-_~_ Dollars (3 62g _ gg 1, commencing on the first day of
<br />pr3.1 , i4 83, and at the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the Tina! payment of priocipal and interest, if not sooner paid, shall be due and
<br />payabk on the first day of f4archr 2013 ;all according to the terms of a certain promis-
<br />sorynote of even date herewith executed by the said Mortgagor-
<br />The hfortgagor in order more tally t~~ protect the security of this Mortgage, agrees:
<br />1. That he wit! pay the indebtedness, as hereinhefare provided. Priv7ege is reserved to pay the debt in whole, or in an
<br />amount equal to one:or more monthiv payments un the principat that are next due on the note, nn the first day of any month
<br />prior to maturity: Protidtd, Mrwtver,'That written. notice of an intention to exercise such privilege is given at leas[ thirty C301
<br />days prior to prepayme¢t.
<br />'_. That, together with aura in addition to, the nr~rnthly paynreats of principal and interest payabk under the terms of the
<br />note secured hereby, the Mortgyygor will pay to the,Mvrtgt~ee, oa tht first day of each month until tfie said note is fully paid, the
<br />following slims:
<br />(a) Amount attfficient to provide Ute htdder herBOf with i'nnds to pay the next murtga$e insuratrce premium if this
<br />instrunrtttt aril tha note secttrtd hereby are irrsured, or a monody charge /in lfetr vja mrtrtgrge insurmtee pre-
<br />mium) it- drey aro held by the Secretazy of Housing and Urban tkrelopntent, as follows:
<br />fU It and scs Iang as svid note of even date and this uisiromeut ate mvucif at ate rrursured wider the pro-
<br />risiwts pf tht Naritmal llouxing Act, an amormt sutTtcient to accumulate in the hands of the holder late
<br />nw±+ca irta.7ti5Mwhcefi aay M uau+,~ta cuttWx w: rtsauaed :iTATF;4F iVEIIKABIiA
<br />liUD-A214~M t4.791
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