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<br />I
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<br />83- Q()0998
<br />MORTGAGE
<br />
<br />Second Mortg<lge
<br />for
<br />section 235 Ca.ses,
<br />
<br />r
<br />
<br />With Addendum, for Repayment of Section 235 ~sistance
<br />
<br />1983
<br />
<br />THIS /oIlRTGAGE, made and executed this 28th day of February , A.D.
<br />, by and between Philip J. Wicke and Cindy A. Wicke, Husband and Wife,
<br />
<br />of the County of Hall , and State of Nebraska, party of the first part,
<br />hereinafter called the Mortgagor and the Secretary of the Department of Housing and
<br />urban Development
<br />party of the second part, hereinafter called the Mortgagee.
<br />
<br />WITNESSETH: That the said Mortgagor, is justly indebted to the Mortgagee in the
<br />principal sum of One Hundred Nineteen Thousand Five Hundred Twenty and No/lOOths-Dollars
<br />($ 119,52 0.00 ) which principal sum will not exceed an amount canputed under the terms
<br />of the Note executed by said Mortgagor on February 28. 1983 , with interest, in accordance
<br />with said Note. That as security for said Note the Mortgagor does by these presents Grant,
<br />Bargain, Sell, convey and Confinn unto the Mortgagee, its successors and assigns the foll~
<br />described real estate situated in the County of Hall State of Nebraska, to wit:
<br />
<br />Lot Thirteen (13), in Castle Estates Subdivision, Hall
<br />County. Nebraska
<br />
<br />TO HAVE AND TO HOLD the prE!1li.ses above described, with all the appurtenances
<br />thereunto belonging and including all heating, plumbing and lighting fixtures and equip-
<br />ment now or hereafter attached to or used in connection with said real estate unto the
<br />Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and
<br />covenants with, the Mortgagee, that the Mortgagor has good right to sell and convey said
<br />premises, that they are free fran encumbrance, except for an FHA first mortgage, and that
<br />the Mortgagor will warrant and defend the same against the lawful claims of all persons
<br />whansoever, and the said Mortgagor hereby relinquishes all rights of hanestead, and all
<br />marital rights, either in law or in equity, and all other contingent interests of the
<br />Mortgagor in;md to the above-described premises, the intention being to convey hereby an
<br />absolute title;~ fee simple, including all rights of homestead, and other #ghts and
<br />interests as aforesaid.
<br />
<br />PROVIDED ALWAYS, and these presents are executed and delivertd upon the f,ollowing
<br />conditions, to wit:
<br />
<br />The Mortgagor agrees to pay to the Mortgagee, on order, the principal SUIII of
<br />One Hundred Nineteen Thousand Five Hundred Twenty and NO/IOOths------------ Dollars
<br />($ 119,520.00 ), with interest as provided in the Note dated Februarv 711, 1 QR"l and
<br />executed by Mortgagor.
<br />
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees
<br />
<br />1. That he will pay the indebtedness, as hereinbefore provided. Privilege is
<br />reserved to pay the debt in whole, or in an amount equal to one or more monthly payments
<br />on the principal that are next due on the note, on the first day of any month prior to
<br />maturity: Provided, ~ver, That written notice of an intention to !,'xercise such privilege
<br />is given at least thirty (30) days prior to prepayment.
<br />
<br />2. That the Mortgagor will pay ground rents, taxes, assessments, _ter rates, and
<br />other governmental or'municipal chaz:qes, fines, or impositions, for which provision has
<br />not been made hereinbefore, and in default thereof th(: Mortgagee may pay the same; and that
<br />the Mortgagor will pranptly deliver the official receipts therefor to the Mortgagee.
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