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<br />MORTGAGE" Tti,> forA; ~ ~>att in cstnnaction
<br />wttn-martgeges Insured under the
<br />- one- to four-family provtsbnsof
<br />the National Messing Aer.
<br />'PHIS MORTGAGE, made and executed this 9th dayof January ,A.D.
<br />t9f34 by and between Scott- C. Lane and Cindra R.-Lane., Husband and Wife
<br />of the County of Hall- ,and State of Nebraska, party of the first part, hereinafter celled
<br />the MongaAar; gird Superior Mortgage;. Inc ,- .
<br />acorporanon orgattized and existing under the taws of Nebraska ,
<br />pattyof the second part; hereinafter calledthe Mortgagee,
<br />W3TNESSETH: Tha[ thcsaid Mortgagor, for and inconsideration of fhe sum of .Fortyy Eigght ; housand Four
<br />Hundred Fifty and .No/100ths---------- --Dollars ($ 48, 450:Op ), paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged[ has Granted and Sold-and by these presents does Grant, Bar-
<br />gain. Self,. Convey and Cottftrm unto the- Mortgagee, its successors- and assigns, forever, the- following-described'
<br />r_ai estate, situated in the County of Hall ,and State
<br />ofllefiraska, to wit:
<br />.Lot Thirteen (13), Kallos Subdivision, Grand Island, Ha11 County, Nebraska
<br />of the Sizth Principal Meridian, containing m all acres according to Govern-
<br />mentsuwey:
<br />TO-HAVE AND TO HOLD the premises abort described, with all the appurtenances thereunto belonging and including
<br />allhea[mg, plumbingand fighting fixtures and equipment now or hereafter attached to or used in connection with said-teat estate
<br />unto the: Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortga-
<br />gee, that the Mortgagor has goad right to sell and convey said premises; that they are free from encumbrance: and that the
<br />Mortgagor will warraru-and defend.{he same against the lawftt claims of all persons whomsoever; and the-said Mortgagcr here-
<br />tty relinquishes all rights of homestead, and all martial-rights, either in law or in equity, and aU other cantingenr interests of the
<br />Mortgegorin and to die above-described premises, the intention being to convey hereby an absolute title, in fee simple, includ-
<br />ing alt. ri~tts of homestead, and other rights and interests xs aforesaid.
<br />Pl20VIDED ALWAYS, and these presents are executed and delivered uponthe following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, ar order, the principal sum of Forty Eight Thousand Four
<br />Hundred-Fifty and No/100ths--------------~trltars(S 48,450:00 ),
<br />with interest from date at the rate of Twelve and One-Half per eentum ( 12.5 °k) par annum on
<br />the unpaid ttalattce until paid. The said principal and interest shall be payable at the office of Superior Mort gage., Inc .
<br />in Grand Island, NE 58$03 , or at such other place as the holder of
<br />thenotemaydesigttateinwriting; inmonttilyinstallmentsof Five Hundred Seventeen and 09/100ths---
<br />D~~lars (S 517.09 ), commencing on the fuel day of
<br />Match , t4 $4, and on ?he first day of each month thereafter until the principal and in-
<br />retest are fully -paid; except" that the .final payment of principal and imerest, if not sooner paid, shall be duo and
<br />payable on3he 8rs[day of February , 2014. ; ap according io the terms of a certain promis-
<br />sory [Tote of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect {be security of this Mortgage, agrees:
<br />1. The{ he will pay the iadebtedncss, as hereinbefare provided. privtilege is reserved to pay ?he debt in whole, or in an
<br />a.~ounr equal:io otie ar more~monthly payments on.tha primaPal that are next due on the note, on the first day of any month
<br />" prior to aiaznrity: Pravideif._ hpx:e_ver, That written Wafter of an intention to exercise such privilege is given a[ least thirty (30)
<br />" - days crier to p[epayttt<tst. - -
<br />.. That, together with, and m addition to, jhe mnn(htypayntenes of lvi,.,dpal and interest payable under the terms of-the
<br />nee srcurni hereby, the Mortgagur wifi pity to fhe Mortgagee-, od [tie feat day of each month aloft! the sai7i note is fatty paid, the
<br />- ~lawittgsu[ne: - - - ~ - - -
<br />(a) Agtount su(f'tcient to prriV?de"the hvliler hereof with fumis to pay the next tmxrtgage insurance- pzernium if this
<br />irwttutnent and the Harr aaeittted" hereby are tttsuted, nr a monthly chtirge (tn fietr of a auxrga~e inruwnre pre-
<br />" trtiatiot) If they ire held^by ihaSccretary rvf kltxtstngsind Urban Develapmertt, as fofli3ws;
<br />(}) tf and so trrpg as said irate ctf evam date a;ui thi3 irtstrarrten{ etc Insu[ad of are reinsured under the pro-
<br />- vtsiona of tiTe f~ti~,rna1 }tous~{ Act, an ~tsntiat?it suffiolrni to aecumufatr in the hands af'tlte holden cmc.
<br />- ~ - - - -- - - - ttFAl'E OF NEBNASKA
<br />F°#tAbt2t~{,`gMo' 4Ytvett n#y-Bs thR1 CMtit NUn-9rtA.3A{ (& rst
<br />uatti3ty k ~kur~raer ire t"r=ti ZW {Sal
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