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<br />r
<br />
<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 />Housirig Act,
<br />
<br />83,--001704
<br />
<br />THIS:MORTGAGE, made and executed this 7t h day of April ,A,D,
<br />19'83 ,byandlietween steVen Douglas Kucera and Teresa }I, Kucera, Ibsband and Wife,
<br />
<br />of'the'CtJullry of Hall
<br />tneMortgagor, and Superior /otortgage, Inc,
<br />
<br />, and State of Nebraska, party of thefitst part; hereinllftercatlell
<br />
<br />a corporation organized and existing under the laws of He bra ska
<br />patty oft he second part, hereinafter called the Mortgagee,
<br />
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Twenty Four Thousand Three Hundred
<br />and' Nb / I obt hs------------------------------ Dollars ($ 24 300. 00 ), paid by the Mort-
<br />gagee';' tbe receipt of which is hereby acknowledged, has Granted and Sold and ~y these presents does Grant,B!!,,-
<br />gain, SelL Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the' following-descrilled
<br />,eal estate, siluated in the Countyof' Hall ,andSllile
<br />of Nebraska. to wit:
<br />
<br />The Northerly Seventy Three Feet (73') of Lot Nine (9), in
<br />Block Three (3), in Better Homes Subdivision to the City of
<br />Grand Island, Hall County, Nebraska
<br />
<br />of the Sixth Principal Meridian, containing in all
<br />ment-survey:
<br />
<br />TO HAVE AND TO HOLD the premises aoove described, wilh alllhe appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attached 10 or used in connection with saidrcaJ..esllite
<br />unto the Mortgage,e, and to ils successor. and assign., forever. The Mortgagor represents to, andcovenanlswi(h,the,Mortga-
<br />gee, that the Mortgagor has good righl to sell and convey ,aid premises; thallhey are free from encumbrance; and .thaUhl;
<br />Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever; andlhe said MortgagOl'here-
<br />by relinquishes all rights of homeslead. and all martial rights, either in law or in equity, and all other contingent interests,of Ihe
<br />Mortgagor in and to the aoove-described premises, the intention being to convey hereby an absolute litle, in ree simple, includ-
<br />ing all rights. of homestead, and other righls and inlerests as aforesaid,
<br />
<br />acres according tp Govern-
<br />
<br />PROVlOED AL WAYS, and these presents are executed and delivered upon the followingcondilions.to wit:
<br />
<br />The Mortgagor agrees to pay to the Mortgagee, ,'r order, the principal sum of Twenty Four. Thousand Three.
<br />Ibndred and No/lOOths--------------- Dollars($ 24,300.00 ).
<br />
<br />with interest from date althe rate 0; Twe1 ve per cetllum (
<br />the unpaid balance until paid, The said principal and interest shall be payable at the office of
<br />
<br />12.0 %) per annum on
<br />Superior Mortgage, Inc.
<br />
<br />in Grand Island, NE . or at such other place as the holder of
<br />lhe note may designate in writing, in monlhly installments of Tw Ibndred Forty Nine and 95/1 OOt hs---------
<br />----------------- Dollars tS 249. 95 ), commencing on the firsl day of
<br />June ,J~ 83. and on the first day of each month therealter until the principal and in-
<br />teresl are. fully paid.. e..cept that. [he final payment of principal and inleresl, if not sooner paid. shall be due and
<br />payable on the first day of ~Y. 2013 ; all according to Ihe terms of a cerlain promis-
<br />sory note of even date hcrewithexecuted oythe said Mortgagor,
<br />
<br />The Mo-rt~~~n in ord~r more fully to protect the security of this Mortgage, agrees:
<br />
<br />I. ThaI he will pay the iooebledness, as hereinbefore provided, Privilege is reserved to pay the debt in whole, or in an
<br />amount equal.to one or more monthly payments on tbeprincipallhat are next due on the note, on Ihe first day of any month
<br />prior to maturily:Provided, /)owe"cr, Thai wrillen notice of an inlention to exercise such privilege is given at least thirly (30)
<br />days prior to prepayment,
<br />
<br />2, Thl\!. J9Je,lher \\ijl!t, alld in addition to.lh.monthly payments oJ principal and interest payable under Ihe lerms of Ihe
<br />note secur~~by,lhe MQrtm.or wiUpay t() theM(,rtg.1iee, on the first day of each monthuntilthe saill note is fully paid. the
<br />following S"tiI.~,
<br />
<br />(a> Amount sufficient 10 pwvide Ihe holder hereof with runds 10 pay the next mortgage insur.1l\ce prenuum if this
<br />instrument and the note secured hereby are insured, or a monthly charge (in li!!u of ti mortgaee iltsul'lUlce pre-
<br />mium) if they are held by the Secretary of Housing and Urban Development. llS follows:
<br />
<br />0) if ar~d _!l.t) h;.UtL3:" s~.uJ note of evell daic dnd thiS instrument arc in.su~cJ Uj" ale ft'lfi&UfCd under the pro.
<br />vWons of the. Natlonal Housing Act. all amount sufft.klll '0 accumulate in the hands of the holder one
<br />
<br />Replac" fHA.214J.M-iwh-iett may be--utOO Ur\til iiWf)pJy is exhaid1ed
<br />
<br />STAT&OI" NEBRASKA
<br />HUO.fl2143M 19-79)
<br />
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