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<br />MORTGAGE
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<br />This form is used in connee~
<br />tion with mortgages insured
<br />under the one- to four-family
<br />provisions of the. National
<br />HousingAet,
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<br />a3-001461
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<br />'f'ftIS'M'ORT(lAOE,madeandexecutedthis, 2&th day of March Bu. s~--''' ..and Wife ,A,D,
<br />f,~g3', by and between Clyde W. Mottln ana Virginia L. Hettin, ..,au,,"
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<br />ofitbeCOltntVnt' '
<br />IljiMoi1gsgor, ~nd
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<br />Hall
<br />SUperior Mortgage, Inc.
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<br />, and State of Nebraska. party of Ihe firsl part. hereinaner~ed
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<br />a corporation organJi.edand exislingunder the laws of Nebraska
<br />partyofthe second part, hereinafter caUed the Mortgagee.
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<br />WITNESSETH: ThaI the said Mortgagor, for and in consideration of Ihe sum of Forty Eight Th~' TWV'
<br />., Hundred and No!IOOths----------- Dollars($ 48.,200~00 ),paidbytheMort'
<br />gagee: tbe receiptor whlch--is hereby acknowledged, has Granted and Sold and bylhese prese"ts does GllllIl,~-
<br />gain, sell; Convey and ('onfirm unto Ihe Mortgagee, its successors and assigns, forever, lhe. folklwiltg~'cjibiid
<br />relll estate, situaled in lhe ('ounty of Hall ,allif,1)tate
<br />ol\.Nebmka: 10 wit:
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<br />Lot Fourteen (14), Kallos Subdivision, Grand Island, Hall County,
<br />Nebraska
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<br />of thco Sixth Prindpal Meridian, containing m ali
<br />mt'nt stiney:
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<br />TO HA VI'.' AND TO HOLD the prem"es aMve described. With alllhe appurtenam:es Ihcoreunto belonging and including
<br />all beating. plumbing and IiBbting hxtUlC> and eqUipment no", or hereafter attached 10 or used in connection with said reaJ eslate
<br />unto tbe Mortgagee. and to its 'u'.ce....'" ,tOd a'Slgns, lorever. The Mort_ represents to, and cov""""," with, the Monga-
<br />gee, tbat thco Mortgagor has good fight w "II and Clln'e~ said premise" tbatthco~ ate free. from c.ncumbran<;c.;ancI that the
<br />Mortgagor will "'arraOl and defend the ,ame against .he lawlul daims of all persons whomsoever; and the said MOI'tI!\&OI' bere-
<br />t-y relinquishes .11 rigbts of homestead, and al! martial ri!!hts, eithcor in law or in equity, .nd ail other contingent interests of the
<br />MOftgltg<lr in and 10 the atmve-descnl>e" "",mise,. the inlention l>eiflt! 10 ,onvey hcoreby an absolute title, in fee simple, inelud-
<br />101 all right, of homltstead, "nd olhcor fights ,lnd intere,,, as .Ior"""id,
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<br />acres accordiOlto Govern-
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<br />PROVIUED ALW A YS, and these prest"" are c'n'Ukd and delIVered upon thco 10llowlOllconditions, to wit:
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<br />The MOrtgagUl agrees III pay to thco Mortga"ce, ." "tder, thco prin.:ipal ,um uf Forty Eight Thousand Two
<br />HuncU:ed and No/IOOths-------- IA.llars(S 48,200.00 ),
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<br />with tnteJcst hvm Jatl' at the r.tIc \..); Twelve pel i.:eulUm (
<br />lhe unpaid balance until raid The. ,"Id prillclpal aod intere,t shall he pa~abJ.. at the office 01
<br />
<br />12.0 'l>) per annum on
<br />Superior Mortgage, Inc.
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<br />in Grand Island, Nebraska . or 101 such othcor place as the bolder of
<br />the note may,J.,~te in writing, in monlhl, in,tallment' "I Four Hundred Ninety Five and 79/100ths---
<br />_______________ i:lollarst$ j95 79 I, coounencmg'ffitne Iirslday 01
<br />Mily , l~ 83 . an on ihe first day "I ellch month Ihereafter unlil thco principlll and in-
<br />lerest are luil~ paid,. e,""PI t!tal [be final pa~_nl of principal and int""'S!, il not sooner paid, shall be due and
<br />rayable on thco first day ul ,lIDrj,1 2013 : all accordinr.to thco terms 01. certain promis-
<br />sory nule 01 ,,'en date hcofe....llli~:eculid DY llie ""d M.>f\gag<lf,
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<br />The MonPiOf in order tll()fe fuB) h.lo rf\.l(("~t the ~~unty {Jf thi~ Mottttage~ agrees:
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<br />j, Tltal he will pay the indebfedness, as hereinbefore prov'ided. Privflege b reserved to pay thco debt in "'hole, ur in an
<br />am"OIl" eqBaI.t& _or _~ monthly paY"""'1S <>n the principal that ate next due on the note, on thco Iirsl day of tmy monlh
<br />prior to llIIlIunty: ""'v'ilted, now"..<<, '",at wrinennotice ,,( an inlenti"n to esercise such prIVilege i, given at least Ihirty 001
<br />days "",,,~'_l,
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<br />~ ~............ amlm addition 10, I~. lIwntllly pay_nts of prlll<>ipal and in_t payable under tbe tetnll of the
<br />note "ClU'eot~y, the MottNQl' ..iliPll} W theMorI>>&<'C. <e'llthe lUst day of ellCh month until the l>&r4 note I. flilly paid,the
<br />lollo"'na loWIlA:
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<br />'"l Amoonl suflki..tll to pr"Vlde Ill" ll.>ide, hereof wilh funds to pay the neXl mortpge insurllllce f'lenuum If this
<br />1I\.IIUlIltIIt 1Itl<l. lilt ft<lte ~ut<!d ....d>y .te i.....ml, m _ Iflonthly cblltge !in httl ol a f!t"rt""r i,uu_... pi'<!-
<br />miumJ If tMy lIft~by ,II;, Se<'retary 01' tlolllil\8l1nd Urban tA'vel<Ji)ment, lIS r.~lo...:
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<br />H) If and ~o II>>., 4$ ~l~ lhl,te \Jt e\~(n ..Jate ilntJ Ih~ m,IJuntr.IH .'U't' iaMJrN "H are It'HlSUttU lU\tlt"1' the Ph'"
<br />v,\l.w ..1' II\" Natk.'lllal H'>u!Olng Act. an .mount S'lrr~t to ..,cumulale .11 Ihe hands .>1. tbe hulder "'..
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<br />~.;"" f'"A.,-11.W-~...mI!W ..uted1,l!nfl:.~.-it-!('~"
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<br />~'Tt\Th tlf' NEJIItUU
<br />'itJt)~l.JM IlFI9I
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