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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 />83-0013,,'2
<br />
<br />THISM6Rl'GAGE, made and execmed tm. 18th day of March :r1. D
<br />1'1, 83, byandbetween James R. Bixenmann and Deborah A. Bixenmann, Husband andW 'e;
<br />
<br />oflhe County of Hall
<br />the Mortgagor,and Superior Mortgage, Inc.
<br />
<br />, and State of Nebraska, party of the ",st part, hereinafter caUed
<br />
<br />a corpo,ation organized and existing under the faws of Nebraska
<br />partyofth.serond part, hereinafler called the Mortgagee,
<br />
<br />WITNESSETH: That the SOld Mortgagor. for and In conslderauon of Ihe sum of Sixteen ThouslindFive Hund,:red
<br />and No 11 OUt hs---------------------- Dollars ($16, 500. 00 ). paid by the Mort-
<br />gagee,rhe receipt of which is hereby acknowledged, has Granted and Sold aod bylhese presents does Grant. ,Il~-
<br />gain, Sell, Convey and Confirm unlo the Mortgagee, ils successors and assigns; forever. lire foltowing"<lescrilled
<br />real eslale, .ilooted in the County of Ha 11, andBbte
<br />of Nebraska, 10 wil;
<br />
<br />Lot Fourteen (14), Block One (1), Dill and Huston Subdivision,
<br />to the City of Grand Island, Hall County, Nebraska
<br />
<br />f.f the Sixth Principal Meridian. containing in ali
<br />menl survey:
<br />
<br />TO HAVE AN 0 TO HOLIJ Ihe PfCJJli,e, above desaibed. WIth aU the appurtenances thereunto belo~antl itlClIlding
<br />allheatil\g, plumbing and )igbtingtiuures and ,eqUipment now orho!reafler altad",d,to OJ' used in connec~l\'with'said~tlite
<br />unlO Ihe Mortgagee, and 10 its >11"e"ots and ""igns, forever, The MorlgllgOJ'repr..scntSJo, and'llClyenaots with"t/te"Modaa',
<br />gee, that the Mort!!"!!,,r has gO\,d righl hi ,ell and ';vnvcy,,,id premise,; lhat they an: free frollu;n~",bJ:8D!;\l~;l!Ildtllat~,
<br />Mongagor will warrant and defend the same "gainsl the lawfuJ claim, of "u pe{S<>os whomsoever; and.the saidM~f:I,1l:u-
<br />by relinquish.,; all righls of homeslead, and all martial righis, either in law or in equity, and all ,'thefcollli.~t inte!e!!\'sc~~he
<br />Morlgago' in and 10 the at>ove-<iesc,ibed premi',e,. the inlention being to convey hereoy an 1IIisolutectil1e, in!ee simP/e. il'l~llJd..
<br />iugall rights of homeslead. imd other nghlh,nd mlereSIS a, af"re..id. ,'" ..
<br />
<br />ao-es, accorditlg.t<tOoycnr,
<br />
<br />PRO V IDEO, AI. \\I A Y S, and I he"" present> are ",e"uted and delivered upon the follow ing conditions;.. wit:
<br />
<br />The Mortgagor agree. to pay t" the Mortgagee, or urder, Ihe principal SUlll of Sixteetl Thou!;litid ,Five ~9~t~'d,
<br />and No/lOOths------------------- Dollars (s 16,500,.00 '"),
<br />
<br />with interes.l from Jate at the fall' 0; Twelve ptr centWlJ (
<br />the unpaid balance unlil paid. The said principal and ;nlereM ,hall he payallle at the office of
<br />
<br />12,0 <Jb)perannumon
<br />Supe.tiQt:" H9t:tg~ge. Inc.
<br />
<br />in Grand Island, NE ,oratsuchot~'rlllacea"the~lderof
<br />the note may designate in writil\g, inmonlhlyin<lilUmenlq,f One Hundred Sixty Nine and n'/lOOths--';"-"---
<br />____________ Dollars IS 16Q. 7 ~ , ), commen<:il1&on I,he ,firsl day of
<br />May , 1'1 83, anuon t!ie h"t day "r each momh thereafteruntll tho! pnnclpaland io-
<br />leres! are, fully paid, e^Cepl Ihai lhe tlnal paymenl of principal and imeresl, if not sooner paid. shall be due and
<br />payable on the lirSlday "f Apt'il, 2013 ; all according to the lermsof a certain Pfomis-
<br />sory nole of even dale ,herewith executed by lhe ,aid MOrlgagor,
<br />
<br />The MongagvI in order more funy tu pfOl~d the :>.e~un!y of this Mortgage, agrees;
<br />
<br />I. Tltltthe wilH,ay lheindebledne.s, as hereinbefore provided, Privilege is reserved 10 pay the debt in whole, orln, an
<br />mn<Jl!nt eqllalto one Of RiOre monthly paymenh on lhe prin<:ipaltlmll1re nexl due on the nore , on lhe first day of anymonlh
<br />prwr III mll\UCily: Provided, Iwll'e..,r, Tlml wrinen nOlice ,)f an imenllon tn I'xexcise such privilege is given al Ieastlhirty (30)
<br />days prior t'H)l~paY""'lll,
<br />
<br />2 'Thai, ~her ",ilb. and it) ,,<Wi\ion 10. Ihe mt.llllhlypayll>Cnls of principa,l and inleteslpayablo under l!ttIlermaof,the
<br />"'>Ie secmed ,~eby. I,he MQIIg;t&Of will pay 10IheMortga.g.:e. on tho! firsl4;oy orea;;h month until the sail! !\<lIe is MIl' pl!id,the
<br />fofwwwgsum.; ,
<br />
<br />Iii) Amoo,,' tuffJeifffl 10 l"o'fidelhehofder hereof wilh funtl5 t"pay the lIext mortgage It\$ul1lI.l<C ptemium if this
<br />,""IUIlMllll IlI'ld Ihe Il>>le se.::uredherehy 'f. insured, Of' monthly cbarge tin IkU of 1111_11/11&<' im!l_<< fmI'
<br />ffliuf;t) iftbtya..: hdd"t>y the Sem"...y of H""W\g and Urb.n Oe1re!<lpmenl,as f<>II11jls:
<br />
<br />in 11. .t:nd ~u l!)jlt(.t~ ~4Hl IH.\4.C i.of ~.\If$Jl I.hth' am.! thi?i mSltUnK!ll! ;jtC' un.\jH~d O-~ Me f~HuUfed under the pJ()~
<br />v'tk_'ilr!be NaHI'>nalllrnnlllg Act, an ;m"'UI>! SIlfrl<:j"nt to 1lC(\11lHliate illlhe iI.mll Qf U,.h,lIder Oil.
<br />
<br />~.$oIi f"WA"2.\~~~'~ W\.fftQU.ft:l'i'll"~'f \i:t~,.~.H~
<br />
<br />S1'ATE(>>'N~
<br />HUCI.!}:? i OM (9..191
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