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<br />This farm is used in cannec.
<br />tian with. martg!lges ,insured
<br />under the ane- ta faur:family
<br />pravisians af the Natianal
<br />Hoiisirig'AcL
<br />
<br />j\fORTGAGE
<br />83--oU:r9!f~.
<br />
<br />THIS MORTGAGE, made and executed this 20t h day of Apr il
<br />.1983 . by and between Janet E. Meyer, a single p.erson.
<br />
<br />,A,D,
<br />
<br />:oftheCountyo( Ha,11
<br />the,MortgagOf; and, Superior Mortgage, Inc.
<br />
<br />,and State of Nebraska, party'ofthefirsl parI; hereinafter,s~li!d
<br />
<br />a'corp<lration orgsnized and:exisling under Ihe laws of Nebra"ka
<br />party oflhesecond part, hereinaflercaJled the Mortgagee,
<br />
<br />WITNESSETH: That the said MOl'lgagor. for and in consideralionof Ihe sum'of Forty Four Toousand Six.
<br />Hundr;ed. and NoIIOOt,hs-------------------- Dollars ($ 44, 600; 00 ); paidbylhe MM.
<br />gage.e, the. receipt of which is hereby acknowledged. has Granted and Sold and by Ihese presents does Granl,BllI"
<br />gain, Sell, Convey and Confirm unto .the Mortgagee, ils successors and assigns; far.ever, the followii1g-'d~smlled
<br />real:estate; siluatedin lhe County of llall ; and State
<br />of Nebraska, 10 wit:
<br />
<br />Lot Eleven (11) and the Southerly One Ha,lf of
<br />in Block Seventeen (17), University Place, an
<br />City of Grand Island, llall County, Nebraska.
<br />
<br />Lot Nine (9), all
<br />Addit ion to the.
<br />
<br />of the Sixth Principal Meridian, conlaining in all
<br />ment--survey:
<br />
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances Ihereunto belonging and induding
<br />all heating, plumbing and lighting fixtures and equipment now or hereafler attached to or used in connection withsaidreaJ,estate
<br />unto Ihe Mo'tgagee, and to its Successors and assigns. forever. The Mortgagor represenls to, and covenants with, the Mortga,
<br />gee; Ihal the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance; and thal.the
<br />Morlgago' will warrant and defendlhe same against the lawful claims of all persons whomsoever; and the said Morlgagorhere:
<br />by reJinquishesallrights of homestead, and all martial rights, either in law or in equily. and all alher contingent interesls of Ihe
<br />Mortgagorin.and to Iheabove.described premises. the intention being to convey hereby an absolute litle, in ree simple, illclud-
<br />ing all rights of homestead. and other rights and inlerests as aforesaid,
<br />
<br />acres according to Govern.
<br />
<br />PROVIDED AL WAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />
<br />The Mortgagor agrees to pay to the Mortgagee, or orde!.lhe principal sum of Forty Four Thousand Six
<br />Hundred and No/IOOths------------------- ()o!lars($ 44,600.00 ),
<br />
<br />with interest from date at the rate oi Twelve per cenlum (
<br />the unpaid balance until paid, The said principal and inleresl shall be payable althe office of
<br />
<br />12 . 0 % ) per annum on
<br />Superior Mortgage, Inc.
<br />
<br />in Grand Island, NE . or .!such other place jlslhe holder of
<br />the note may designate in writing, in monthly installments of Four Hundred Fif ty Eight and 76/100ths-----
<br />--------------------- Dollars ($ 458.76 ), commencing on the first day of
<br />June , 19 83 ,and on the first day "f each month Ihereafter untillhe principal and in-
<br />terest are fulIl' paid, el'Cepi that the finalyaymem of principal and interest, if nol sooner paid, shall be due and
<br />payable on.the first dayof .. May, 201::1 , ; all according 10 Ihe lerms of acerlain promis-
<br />sory note of even dale herewith e)lecuted by the said Mortgagor.
<br />
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />
<br />L ThI!t'he.will.pay th~indebtedness, as hereinbefore provided, Privilege is reserved to paylhe debt in whole, orin an
<br />amOIl.nt e'l.lIaltooneor mQre:monlhly payments on thepnncipal thaI are next due on Ihe nOle, on the first day of any month
<br />prior to ma\Ufity:Pruvided. @we"er,That.written notice of an intenlion to exercise such privilege is given at ieasllhirly (301
<br />days prior,trq,repaymenl.
<br />
<br />2, That, logelher with, andil\ addi\ion\o. the monlhly payments of principal and interest payable under the terms of the'
<br />nole secur~ hereby, the Mortgagor will pay to the Morlgagee,.on Ihe first day of each month untillhe saill nole is fuUypaid. the
<br />following sums: . . . ' ,
<br />
<br />(a) Amount.sufficient to pruvide the. hdderhereof with lunds to pay the nexl mortgage insurance premium if this
<br />instrutnent and the note SIl(;ured hereby are insured, or a monthly ch8Jge (in lieu of a m"rtgoge insuranCe pre-
<br />miwn) if th1l)" .!:II held by, the SecrellU'}" of,Housing.nd Urban Developmelll, a. follaws:
<br />
<br />(I) If and so long as s.aid nult' of even date and this instrument are in:surtlu 01 are rcmsured under the pro-
<br />vi$ions'~)fthe,NalionalliousingAet;.namolint sufficient to ~eunlUlate in Ihe hands of the holde. Olle
<br />
<br />AePtIKM FH A~2143~ -wltt4oil lnAV bfI,~ -UC\l~ ~ppt'{ is".xn~!ited
<br />
<br />Sf ATEQ.If NtalR<\S:KA
<br />HUD.92143M 19-791
<br />n"l r,o~
<br />
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