|
<br />MORTGAGE
<br />
<br />This form is used in connec-
<br />tion with mor~gag'f!S insured
<br />..u~d<t f~t pll.e,::t.o~ur-family
<br />, prov';ui.lns. of l):Ie. .N!ltional
<br />H9using Act, .
<br />
<br />83- 00174.8..
<br />THIS,MOR'I'GAGE,madc.an<fexecutedthis. 8TH <fay of April ,1\,0,
<br />19' 8~':',by'a",lbetweeri DOuglas A. Heskett and Pamela G, Heskett, Husband imdWife" .
<br />
<br />oftheC-ollmy'of
<br />tlie Mortgagbr: and
<br />
<br />Hall
<br />Superior Hortgage, Inc.
<br />
<br />,and Stale of Nebraska, patty of Ihe first part, hereinllfiercidled
<br />
<br />a corporation organized and existing under Ihe laws of Nebraska
<br />Party of Ihe secotld part. hereinafter called the Mortgagee,
<br />
<br />WrrNESSETWThrinhe said Mortgagor. for and in consideralion of Ihe sum ofFif t Y,One Thou~nd FiV'~
<br />Hundred and Noll OOths---------------------- Dollars ($ 51, 500. 00. ),paidbytheMorl-
<br />gagee;-rne receipt of wHiCh IS liereby acknowledged, has Granted and Sold and oy these. prese,,,IS does 9':'!lt~.,~~-
<br />gain, Sell; Convey and Confirm unto Ihe Mortgagee ,its successors and assigns, forever, the followill!l4;l~~rt~
<br />real'estate, situated in the County of Hall . , and Sta~
<br />ofNebrasb. to wit: .
<br />
<br />Lot Thi.teen (13), in Block One. (1), in Cunningham Subdivi.sion, an
<br />Addition to. the City of .Grand Island, Hall County, Nebraska
<br />
<br />
<br />
<br />of Ihe Sixth Principal Meridian, conlaining in all
<br />ment survey:
<br />
<br />TO HA V E AN D TO HOLD Ihe premises above described, with alllhe appurtenances lhereunlobelonging and including
<br />aU heatill8. plumbing atld lighlingfixtures and equipment now or hereafler altacbed 10 or used in connectioowith said real~tltte
<br />UOtO Ihe Mortgagee, aDd 10 its successo" and as.igns. [ore""r, The Mortgagor represents 10, and covenants witIJ, .the.Mortga-
<br />gee, th'll.the Mortgagor has good right to sell and convey said premises; that Ihey are.. free from encumbrance; 3Ild thallhc
<br />Morlgagor will warranl and defend Ihe same againsllhe lawful claims of all persons whomsoever; and the sail! 1\119rlgagm.!lere-
<br />by relinquishes all righls of homeslead, and all manial righls, either in law or in equilY, and all other contill8enl inlereStS .oflhe
<br />Mortgagor in and 10 Ihe above-described premise" Ihe inlention being to convey hereby an absolule title, in fee simple, includ.-
<br />ing,all rights ofhomestead, and olher righls and inleresls as aforesaid, . .
<br />
<br />acres according to Govern-
<br />
<br />PRO V I DEDAL WAYS, and I hese presenls are e ~ec uted and delivered upon the follow ing cotlditions, 10 wit:
<br />
<br />The Mortg;igor agrees 10 pay 10 Ihe Morlgagee, or order, Ihe principal sum of Fifty One Tmu$and Five. HUl\lIred
<br />and No/lOOthll,-------,------------------ Dollars ($ 51.500.00 ),
<br />
<br />wilh inlereSI from dale al the rale oi Twelve pel oenlum (
<br />lhe unpaid balance unlil paid. The said principal and intercsI shall be payable althe office of
<br />
<br />12.0 %) per annum on
<br />Superior Mortgage. Inc.
<br />
<br />in Grand Island, NE , or al such olher place as the holder of
<br />Ihe nole may designalein wriling, in monthly inslallments of Five Hundred Twenty !line and 74/l00ths------
<br />________________ Dollars ($ 52 9.74 ), commencing on Ihe firsl day of
<br />Jun~ ' 1~3 ' and on lhe !irsl day of each monlh thereafter untillhe principal and io-
<br />leresl ;ife :fully paid. e~cepl. lhal Ihe Iinal paymeDl ol principal and interesl, if not sooner paid, shall be due and
<br />payable on the firsl day of Hay, 2013 ; all al'cording 10 Ihe lerms of a cerlain promis-
<br />sory note of even dale herewilh ex.ecuted by Ihe said Mortgagor,
<br />
<br />The Morlgagor in order more fully 10 prolecllhesecurity of Ihis Mortgage, agrees:
<br />
<br />l. ThaI he will pay the itldebledness, as hereinbefore provided. Privilege is reserved to pay the debl in whole, or in an
<br />amounl e<jllaI to one or more monthly payments on lhe principallhat are next due on Ihe nOle, on the firsl day of any month
<br />prior to maturity: Provfded~ oowe\o'er. That" written notice of an intention h.l exercis.e \u..:h privilege is given at least thirty (30)
<br />days priortoVfepaj!lIWllI,
<br />
<br />2. Tha!,lng,etherwilh,and in addition to, lhe.Dlonlhly pa)'meJlts of principal and inleresl payable under Ihe lerms of Ihe
<br />nole secur~l!.\leJ:eby, Ib~ Morlllagur will pay 10 lhe.Morlgagee, olllhe first day of each Dlonthunlil the sail! note is fully paid,the
<br />foll,\wina slllllr
<br />
<br />(a} Amount suffici"'t1 to provide Ihe holder hereof wilh fUllds tn pay the lIeXI lllorlgage insurauce Jlfemium if Ihis
<br />ill.llumenl and the 1I0te secured hereby are InSUled, or II monthly charge (in lieu of II mOTlStAge insurance pre-
<br />mium) If they aTe held by the S<!crelary ..I' Housing IInd Urban Developmenl, as follows:
<br />
<br />{J) If and ~() loug a~ said. nvte of even Jale. and thu; Ifl:'i!lUUl€flt arc itl~UIcd or ;ne tdnSUH~-d undt'r the pro-
<br />Vtsjom "I' lhell/aliona/Housing M't, an amount .uffidertllo accumulale in the !tands of the holder one
<br />
<br />~~ f"HA-.,t43Mf\Iih!ehl"ft&V be,,*,dvn-'-~ Wppiy ft..~..usf+d
<br />
<br />STATE(n' NEHKASKA
<br />HLl041143!.l (9.l'lll
<br />
|