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<br />MORTGAGE
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<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 />
<br />83-00:1'429
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<br />06138364
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<br />:~HISM0Rlf(M6E\madeandexecuttd-this25th . day of Karch ,kD,
<br />'19r&";";bY'and.between'Wi'Ui...C. Haltom and Laurie S. Haltoa, hUsband and wife
<br />'-',_' ~- -" - _:-~ ,i-_', " :
<br />ot;tlt~_~tY{)FBa11 , andSIRteof Nebraska, party of ihe first part. hereinaftercalltd
<br />~ Mol'lgllgo",a~MIIB1tC:Ud.FEDEUliSAVINGS & LOAN ASSOCIATION
<br />
<br />accorp&rlItiOnorganized andexisting'under the laws of Nebraska
<br />patty Of tile secund part: bereinaftercalled llre Mortgagee;
<br />
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of FIFTY THOUSAND
<br />;'_'.00/100 Dollars($ 50,000.00 ),paidbytheMort-
<br />gapev.1l1ec.receiptof' which isbereby acknowledged, has Granted and Sokl and' by tbese presents does Grant; ~-
<br />'gain. SeIl;.Convey and Con1irm unto the Mortgagee, its successnrs and assigns. forever, the following-descnbed
<br />real estate, situated in the County of Hall.' , and State
<br />ofNebr.iska;rowit: 1905. Bancock Place, Grand Island, Nebraska 68801
<br />
<br />Lot: Two (2), in Block Three (3), Colonial Estates
<br />Subdivision, in The City of Grand Island, Hall County,
<br />Nebra.lta.
<br />
<br />
<br />~..~~_I:~.I'I1riY
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<br />TO HA VE AND TO HOW the premi.'iCs above described. with all the appurtenances thereunto belonging and including
<br />aU heating, plumbing and ligbtiag fixtures and equipment no... or hereafter attached 10 or used in connection with said real estate
<br />unto the Mortgagee, and to its ,,,ccessors and assigns, forever. The Mortg'.tgQf represents to, and covenants with, the Mortga-
<br />gee, thitthe Mortgagor has good right 10 sell and convey said premises: that they are free from encumbrance; and that the
<br />Mortgagor.Willwarrant and defend the same all'linstlhe lawful claims of all persons whomsoever; and the said Mortgagor here,
<br />by,relinquisbes all right.s of homestead, and all martial rights, either in law or in equity. and all other contingent interesls of the
<br />Nol'tl!8ll-W in and to theabove-described premises, lhe intention being to convey hereby an absolute tide. in fee simple, includ-
<br />ingallrigIlIS of homestead, and otber rights .md 1I11e.reSls as aforesaid,
<br />
<br />PROYIDED ALW A YS, and these prescnt> arc ",eculed and delivered upon the following conditions. to wit:
<br />
<br />The Mortgagor agrees to pay to the Mortg:Jgee. or order. Ihe principal sum 01 FIfTY TIlOVSAND
<br />a_OOf1~ I>ollarsl$ 50,000.00
<br />
<br />),
<br />
<br />with inlet\!St from date at the rate of TWELVE aDtI 00/100 per centum ( 12.000 %) per annum on
<br />the unpaid,bala_until paid, The said principal and interest shall he payable at the office of
<br />C~rcial Federal Savin.. & LoaD A..oclation
<br />tn, .0..... Nebraska ' or at such other rlace as the holder 01
<br />the note ~ desi_le,\II wntmg,io moothIy installments of FIVE HlJlQ)ltEl) roURTEEN and 50/100
<br />Dollars ($ 514 50 ), commencing on the first day 01
<br />MaY. - :9 83, ana unt~ firSI dllY "f """II munth Ihereafter until the principal and in-
<br />teresl are 'funr i>fkI, excepl Ihat the final payment of principal and inlerest, if not sooner paid, shall be due and
<br />payable OQ the first day 01 Avril. 2013 : all according to the lerms of II certain promis-
<br />sory note 01 even dateberewith exe;:uted'1'>y t\iC'said Mortgagor.
<br />
<br />...
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<br />The ~ in order more fully to prot<:<;1 the security 01 lhis Mortl;agc, agrees:
<br />
<br />. I, 'TI1I\t'llewilLpaYllleindebledness,. as hereinbefore provided, Privilege is reserved to pay the debt in whole, or in an
<br />artlOl!nt ~.tooneQUlwre_thly p;oyltlel>ls un the principal that are nexl due on the note, on lhe first day of any Il\()oth
<br />prior to~y:""'vided. hmoiever, 'l'hai wriuen notice "f an iotentiun 10 exercise such privilege i. given at least thirty (30)
<br />dars priorA!> pJ.pa,y~t,
<br />
<br />2,. 'l1I!ll.;t.l!lef witll, ail4in addil,joo IQ.I~ monthly payments 01 principlll and intere:;t payable under the terms of .the
<br />~~~IIted~,.t~ M~\>f will pay 10 lhe MQ(t,...., on the fi"l day of each munth untillhe ,aill note is fully paid,the
<br />followiq~:
<br />
<br />(a) Amuvlll..t't\cllml to pro'" the huldclrlleroof with funds to pay IlulllClll morlgaae Ill.llUrance promium if this
<br />il"_*",_,,___ureu lIttei)y. areitii!Ued, or a~ clw. (ilt/i.. alll ...~ iitaI_ pn-
<br />mlumJ If tlMy. ...heIll~ the Secretary ,)fH~..oo Urban OeYeklpmetlt. as follows~
<br />
<br />fIl
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<br />If_c~_.aual4l Jl0W<lf _ ...ltmt'llI.. irtsuumftlt "'" inll\Jfed or all' ."insured ulkkr II... pro'
<br />.... 01' ttw' NatMlftaltklU.!in$ Acl.' an. a_ ~..ll'icitntto llCCUlnulftt.. in the hllmb "f the h O!'-,., ,:\fl.
<br />
<br />Rl'An: OF N.:SRASKA
<br />'IUIHI2I<13M t!l.1IH
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<br />~ f-"',A-~'-l"W-,Wh~ i~ b4l1Mtt uM~ Wt.-"'Pi:-, it .~~tf:d
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