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<br />MORTGAGE
<br />
<br />This form is used in connec-
<br />tion with mortgages insured
<br />under the one- to four-family
<br />provisions of the, National
<br />Housing Act.
<br />
<br />83--001161
<br />
<br />of the County of
<br />tile Mortgagor; and
<br />
<br />Hall
<br />Superior Mortgage., Inc.
<br />
<br />day of March .A,D,
<br />Julie K. SChuyler, Husband and Wife
<br />
<br />, and State of Nebraska. party of the first part, hereinaft~rcaJled
<br />
<br />THIS MORTOAGE. made snd t':xel:uted this 3rd
<br />19 83" byandl>elWeen ,J'ohnJ. Schuyler and
<br />
<br />a corporation organized and existing under the laws of. Nebraska
<br />party of the serondpsrt, hereinafter called the Mortgagee.
<br />
<br />WITNESSETH'That the said Mortgagor, for and in consideralion of the sum of Thirty Eight Thousand
<br />Six !lUndred and No/IOOths--------------Doflars($ 38,600.00 ). paid by tile Mort-
<br />gagee. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar.
<br />gain, Selh Convey and Confirm unto the Mortgagee. its successors and assigns. forever. the foHowinll-descrilied
<br />_I estate, situated in the County of Hall ; and Slate
<br />of Nebraska. to wit,
<br />
<br />The West One-Half (~) of Lot Eighteen (l8) and the West One-Half
<br />(~) of the South Twenty-Five Feet (S25') of Lot Sixteen (16), in
<br />Block Seven (7), in College Addition to West Lawn, an Addition to
<br />the City of Grand Island, Hall County, Nebraska
<br />
<br />of the Sixth PrincipaJ Meridian. containing in ali
<br />ment survey:
<br />
<br />acres accordingto Govern-
<br />
<br />TO HAVE AN 0 TO HOLD the premise. above de.cribed, with all the appurtenances thereunto belonging and including
<br />aU heating. plumbing and Iightingfixwre. and equil'lD"nt now or hereafter "llllCbed to or used in connection with said teal estate
<br />unto t~ Morlgagee. and 10 il. s..cce"".. ""d ""';go', forever. The M~ reprcoents 10. and cov........ts with.. MoRp-
<br />!l~, Ihat the Mortgagor has good right hJ ,en "nd ,<,"'.y ,aid premi",s; that they are free from eacwn~;aod tbat~
<br />Mortll3g<lr will wurant and ~fend the same againsl the lawful claims of all persons whomsoever; and tile said Mortgagor here-
<br />by~linql1islle> all rights of homeslead, and all martial rights, eilher in law or in equity, and all othercontingent inleresls oftlte
<br />Mottpgorin and 10 the above-<lescribed premise" the intention beinl1tn convey hereby an absolute title, in fee simple. indud-
<br />iag;a11 riBhts of homestead. and other righls and interes" "s .fo~j;f,
<br />
<br />PROVIOED AI.W A Y S. a.nd these presents .re ..ecuted and delivered upott the following conditions, to wit:
<br />
<br />The Mortgagor agree. to p., to the Mortgagee, ur order, the principal sum of Thirty Eight Thousand Six
<br />Rundl:ed and No/lOOths--------- DoIlars(S 38,600.00 ),
<br />
<br />wnh interest r"'l11 <lat< al the ,at. 01 Twelve per centum (12.0 '.IL) per annum tl"
<br />the un""id Ilalaner until paid, The SOlid principal "nd inlerest ,hall be ,,"yable at the office of Superior Mortgage, Inc.
<br />
<br />in Grand Island, Nebraska , or al such other place as lhe holder of
<br />the note may designate in writilll, in ntOJIth!y i"'tallments of Three Hundred Ninety Seven and 04/10oths-
<br />_________ DoIIa....IS 197 04 l. commencing on the fintday of
<br />.Mot . 19 83. anil on 'fie li"l day of each mtlntb thereafter until the principal and io-
<br />teres' are nntl ll"id, <-!lcept that the final payment <>1 principal and ittlelest. if not sooner paid, shall be due and
<br />""yable on tile fil"i! day of April,. 2013 , ; all according to the tcrmsof. certain promis-
<br />sory llOte of even date herewith executed by the ,aid M.,..tpgor,
<br />
<br />The MOrtl!lllOt' In order more fulh to pHltect the "'CUnlY 01 this Morlg;lg.e. agree;:
<br />
<br />I. TIlIIhe will',,",ylhe ittdo!bledoe.lS, as hefeinbef...., provided, Privil"lle i. reserved 10 pay the debt in whol,"" or in an
<br />- eqM!k>..... llr _ _My payments 00 the t'rinci$IM that are nut d..., on the oole. on the first day of any month
<br />prior to ma&IIIity: ,.,.,....", ..........., Tbal wntleftll<ltice 01 an inlentKm t" uenoise such privile~ is given al least thirty (0)
<br />days priotk>IUP)(1lICilt, .
<br />
<br />~. ~. t~widl, _in a4dilion to. the mliDtIlly ""y_lltS \.{ pri1ft;ipJl and interest payable under lhe tems of the
<br />""* -Ufli4llerd>y, the Mon&l\lllll...ill pay to the Mo~, ....Jhe fint day of each mooth until thesaillnote is luUy paid,the
<br />followiaa~:'
<br />
<br />hi ,\mOWillitlffttieat to I'mVlde the holder ~lf ,,'ith funds to ~ the next RlOO", lmuran... preuuum If this
<br />"'1;1._ 1lIICI tbtt n.,.. OKUred .....,t>y a... lmultd. Qr a m<.JOthIy charge (iFt Iift4 ora Itk".".... ilulllItIIN' P"t'
<br />_!if_ ,whel6by the ~tary oHtOUUlltllnd l!rb... Ol!ocltlpmettl, t! folloWs~
<br />
<br />H) If aAd w h,~ D \!iNd rmte of ('~ date' dd th15 mMrutl'lcnt are in$Uf(~d of al~ rC1JUU~ lUtd(,f th~ pu)..
<br />~ ",the 'Nlttit>lwl....... Ml. lIJIlImount ...mtienl to rcUlttlQ'e in [he hand, of the h,>Ide. <ltIe
<br />
<br />_.....1~U't__..._,,__'f.._ ST"~..~'~1~
<br />
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