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<br />MORTGAGE
<br />
<br />51525-1-20
<br />
<br />This form is used in connec-
<br />tion with mortgages. insured
<br />under the one- to four-family
<br />pro"isi"ns of the National
<br />HousingAct,
<br />
<br />83-"00,1098
<br />
<br />THIS MORTGAGE. made and executed this 4 dsyof Mardi ,kD,
<br />19 83 ' by and belween Josepll M. Sanchez and Ventura Coo' aka ~hllli1aSjmchez, husband and. '
<br />w1re,J01nUya. eae.. Ul chen own rignt,;
<br />of lhe C<>UlllVof Hall . andStsle of Nebraska, party ()f,~!>!, first patl.liereinaflercalled
<br />th"Mortg3g~r, and FIRST FEDBML SAVINGS AND LOAN ASSOCIATION OF r.IliICJLN ,
<br />
<br />acorporarioo organized and existingumler rhe laws"f The United States of Amer iea
<br />party of Ihe ,econd pan,hereinafler calkd the Mortll"!l"e,
<br />
<br />WITNESSETH: Thatlhe said M"rrgag(U, for and in consideralion of Ihe sum of Sixty Seven Thousand Five Hundred
<br />and 00/100 Donars($ 67500.00 ),paidbYlheMM-
<br />gagee, the receipt (.f which is hereby acknowledged, has Granted and Sold and by these presents does Granl; Bar.
<br />gain. Sell. Cunvey and CI..1n-nrm ant(\ fhe Mortgagee. its 'U-C(~!)$ors and assigns. forever. the foUowing-;described
<br />reat estale, situaled inlbe Counlv of Hall ' and Stale
<br />of Nehraska. to wit' ~
<br />
<br />wt 'J.\..a1ty CUe (21) Westroads Estates Fourth
<br />St:bdivision, Hall Cotnty. Nebraska.
<br />
<br />of the Sei xln Prinl-tpaf Mcncliao. \.:(lntafnil1~ Hi- all
<br />mcnt wrver:
<br />
<br />TO HAVE i'-NO TO HOLD lhe prembe\ 'l.N.l\-e l1e~...:riht:tL ~ith ;~lllht: aprur1cnan-t.:c,\lhcreun10 t't(;hmging and including
<br />aU he.atlng_~ ptumbinfl a-n~i hg.lJring thtnres and t'quipmerH nn\\- \.f hereaffer Jtuv.:hed h' \)f u"J.eJ in cunnection \\rith ~ald real estate
<br />unto the Mnttgagee, and tp it!!. 'iUJ;t:!t~"'l)rS and 4",,-,,-ign..;. 1\)(CVeL The \lofi~g(Jr fcp-re\cnh tH, and (OVenant-~ with. the Mortga-
<br />~te~. that the Mt..lftgagor has ~()(-W right 10 ....eU and (l}nv('~ "-md prt."m1",e"; 1h"t they art' ftee from encumbrance: and that Ihe
<br />Mortgagor wdtwarrnn-t and defcr..d the S;ime ~1~n"!J lhe hl.wful (horn, of ~n ~rs()n, whomsoC!ver; ~md tbe- 5-aid Mortgagor here.
<br />by relinqUl-sfle'il aU cigflu_ of ht)mes:t~"t\L and .aU m~tuti rj~hh, ~~lthet w I.l"'- -nr in e-4uity, and aU other contingent interests of the
<br />MOft~J{ m and to the- ab<lve---describcd p_(cmJ"jjc-'!J., the mte-nflf.1-n he-I~ to \"nnve-y hereby an ab~oiutc titk~ in fee simple. includ~
<br />lng.aH rights of htlme-stcad. ~nd t-~tM-f n~t-o, ;fud mleft'~:\ a.... .ilore\-;l1J
<br />
<br />city property
<br />
<br />;J.cre-s- accordi_ng to Govern.
<br />
<br />PROVIDED ALWi\ YS. and the.. pre',"" are "''''nled 'illd deli,cred npoll th" fnllowing condilion" 10 wit:
<br />
<br />The M"'tgagtlt"agt"e' "'pav "'Ihe Mortgagee. ot ,,<<let_the Niocipilj 'Om ,)f . Sixty Seven Thousand Five Hundred
<br />and 00/100 [)"lIilt> I~ 67500.00 I,
<br />
<br />wtth interest from dale allh" .ate 0' Twelve per "enlum i 12.000 % J per annum on
<br />the unpaid ""laM'e UQlupaid. The ,ald prlneir"l and inte"',1 'h.ll he p.pPIe allhe ,,!lice of First Federal Savings
<br />and Loan Aasociation of Lincoln
<br />in Lincoln, Nebraska . ," at ,ucb olher place ", Ihe holder of
<br />Iheoolem"yde''l!Il''lein"riLi''ll,lllm''nthl~ln't:ulm.nh,.f Six Hundred Ninety Four and 58/100
<br />Dollan.5 694.58 I, commencing"n the first da, of
<br />Apr il ' 19 83 ' and "n Ihe li"l day' of e.ch month lhereafter llmillhe principal and in-
<br />letesl Me full, paid. excepl lhat lhe linal payment of principal and interesl, if nol ,ooner paid, ,hall he due and
<br />plI~.bhl 00 the liNt day of March , 2013 : all ,ccordill!! 10 Ihe term, of a certain promis.
<br />"-''tfY oot-e tlf -even date herewith C.'(f1,;:utw hy the \-aid Mortgagor.
<br />
<br />The M~ in order more fully 10 protect lhe ,eCUrlI) of Ihb Mortgage, agree>:
<br />
<br />I Thill he wiIJ p.~ lhe illliebtM""". "" hereinhefore phwi<kd. f'rjvdege i, reserved to pay the de!>r in whole. or in an
<br />_nH,qUil.ltiJ_ <Jf mor."..untbl~' ""yments on tlle l'rincipallhat are next due on lhe oole, 00 tile f'.nit day of any monlh
<br />prWt,ltHlllllUJlty; Pnwiokd, Jr.>"'......... That ",tillen ootice of an inlenlkm 10 exercIse ,ucb privilege i. given alle..llhirty 00)
<br />~l>riur JOprt\paYlIlent,
<br />
<br />Z. ~..t.lbe<- ..-ith. Md ill addition 10, Ille monthly ""yments of prlll',:ip"j .nil inlere.l payable under the lerm. of the
<br />_~ llen:br- the ~..will pay 10 the MM~", olllhe lim day of each monlb \lnlillhe ,.it! nole is f\lll, plI.d, the
<br />I~_;
<br />
<br />fa} ~_I $lllllc:wnl tv l'<<~ the I"oldc:t he..,,,f ",.111 fund. h. pal" Ihe ...xt morlpge IO..."",C. pletmum ,f lilt.
<br />__I .and t&- AUk......."'" heRby arem...",d, vr" monthi)' chOll!" 1m I"'" oJ" ttk#'t~ In....."..... ph'
<br />_I iflMy al'e held ~ lhe Sectelary ,,; llouM& and lIrho... Do."lop",elll. as I"Jlow,
<br />
<br />II} If M4 w~ as 1illld 1>\lle 01 e_ ,tale and Ill" _tru......llt .'e itl>Ui04 ill are ,c.n>ured und.. tlte pro.
<br />...... ,,,' the ".......... I~I A.I, 1m __I .uffttilml to ","'Cumul.le m II", hand. ollh. holder 0''''
<br />
<br />~ F"A~'t"'~ ~ _ ~u~ij: w..-'" ~...~
<br />
<br />~'T",TF.or' "I<:IUHSKA
<br />HllD1l2143M ,!Fllll
<br />
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