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<br />.. <br />- __,_ <br />83= ppf 7i MQRTGAGE rhif term if ~_<,, in ranaengri <br />t,, .v ~ with mwtrgef insyn„d urWr the <br />!!l... ~-- M- 10 faur.r«nlty PtOVibenf OI <br />thr tWtionel Hqufmq ncr <br />~/+ "CORRECTED MORTGAGE" $ rte! i11/~67~ <br />`'ylr~r~tllSMt1KY(iAtiF,madeandeferutedttiit 31st October <br />Iv 83 .by and between Gordon C. Wales and Margaret A. Watles, husband &-wife - 'A ^ <br />of tht County of Hail . and5tatt of Nebraska, rty of'tlYt first <br />ttu Mortgagor, and Conmtereial National Bank & Trust Cott~ariy~ --' ~ pan, hereirofttr-ealled <br />a rorpnrati.m organized and txistinq under the laws of Nebraska <br />party of the second part, hereinafter called the Mortgagte. <br />hundred FandTno/100hc sad Mortgagor, for and in consideration of the sum of f o thousand eight <br />Duthtrs tS ~~, ~~t0• ~6' ?, paidby the Mort- <br />gu'gct. the rccerpt of which is hueby acknowltdgtd, has Granted and Sold and by (hest-presems does Grant, Bar <br />gain, Srll. Convey and Confirm unto the Mortgagee, its successors and assigns; forever'. the' following-0tscriF+td- <br />«al rs[are, xituated in the County of Hal I and State. <br />ofNchraska.tnwit: Lot Seventeen (17), Kallos Second Subdivision, Ha11 Coitrxty tiebraska <br />This Mortgage is being rerecorded to correct the omission of the FHA Addendttrp from <br />the original filing of a Mortgage dated OcCOber 31st, 1983 and recorded. on November 1, <br />1983 as Document Number tt3-U058~1, the Register of Deeds records of Ha11 Gou4ty,.~. <br />Nebraska. <br />~d the Seth Pnncipa! ~f enu'ian, rontarmng m ail acres acecrding to Gnvarn- <br />mtnt Slif Sey. <br />?Il llA~'E ANU Tt) Hf)LD ihr prrmrses ah:r., utsnheJ. with all the appurtcnnnccs therctimn btignging and inc{uding <br />a!; huung. piumhrng and trghung fiznrrts and equipment now ur herrafttr anacheJ to ur used m connection with said rtai e37att <br />unto the Morig}tgte. and to ire eucres4nrs and assigns, lure vrr The Mortgagor rop«stnis tu, and covenants with. IhS Mortga- <br />gee. ihaC the bivrtg:tgor has good ng}rt to uti and convey s:uJ premrces: that they are free [rum encumbrance; and that the <br />hir+rtgagur wilt warrant and Jerrnd the same against the lawful cl;iims of .ill prrsuns whumsnever::uld the said MoNgagor here- <br />h} rrimquishes all rights n1 homestead. acrd atl martial nghk, cnher m i:ru~ or ;n cyuity, and all ether cnNingem interests of the <br />ilortgagur in and hr the atsove-JCSCriheJ premises, the intennnn hc:ng to rorrry hrrrhy an absolute utfe, infer simple. indud- <br />nig alt rights of hnmesteaJ, arrJ other :rghts and interests as afn«said. <br />FRa)1 iDF:D ALWAYS, and thew prescros are roe. utcJ and JrbaeeJ upon the following condiunns, to wit: <br />The Her tgegar agrees [o pay to the Mortyayee, nr order, the principal sum of Fifty one <br />thousand eigfit hundred and no%100---------- collars !5 51,800.00 1, with <br />intereet Crom datt at the rote of tan and 30; 100-----Poi cen[um t 10.30 t1 per annum <br />on the unpaid hat once until 10/1/$6 • and thews tier aC [he rate of Ten and 75f 100---- <br />per centum (10/75 l) per annum on the unpaid ba lance until paid. The geld principal end <br />intertnt shall be payable at the offia-e of Commercial National Bank & Trust Compdny in <br />Grand Island, Nebraska ar at such other place as the holder of the note may <br />deeigrato in writing, in monthly inatallmenta of Four hundred sixty six and 11/100---- <br />_______-_ pot tare (S 466. i1 ), cammenc ing ort the first day of December <br />1983, end on the first day of each month thereafter until PSevember, 1986•• and Four hundred <br />eighty two and 83j100-------- potters IS •1$2.83 ) cariuaencing on the Ilrat day of <br />Novetttber, 19$6 ••• and on the first day of each month thereafter until the principal <br />and intereet are fully paid, except chat the Cinnt payment of principal and intereet, if <br />nc>t aeoner paid, shell be due and payable on t7re first day at November, 2013 <br />all according to the terms of a certain promissory note of even date herewith executed by <br />the ea ld Hoztgnyar. <br />The Mortgagor in order morr hrl$ So protect the secunty ut this Mortgage. agrees <br />i_ that ht wiR pay shr mdcMeJncss. as herembefare pruvidcJ. pnvJe.ge rs «srrvcJ in pay the Jebt in whole, or in an <br />am.wnt aqua! to out or morr monihir payments nn the pnncip:it th,rt are r:ext Joe an ihr n.tte, un the first day of any month <br />pram to ratatunt}. f'rnvrJtJ. 1,orveve:. That written Puticr ut an inrennnn a+ eerie ise such privilege is give^ at least thirty (3p! <br />Jays pear [a prepayment <br />:. That, tagtthtr wnh, and in addsnon tn. the m<+nthiy paymrnis of prmcipai anJ interest payable under thr terms of the <br />rr<«tr secured herr6y, the Mttrigagnr u iti pay to the bl<xtt;aget. un the t+rst day of tech month until thr s:u1 note is fatly part, the <br />fa+}),xwrng sums: <br />(al Artrutat sxrfftetrnt tar pt~"vt,le ihr hrdJes herrnf with funds u. pay tLr rrr?tt n+urtsage msurancr prcrmwn E( t4r5 <br />rnstrutrtl xttd ~thr nu;r urured htrrby sae insnmd, ur a :u.=nihiv charge /m 6ru .,J n ru.+rrcage• insttmntt prr- <br />rrtwral if ihry err picld by thr Srcrrtuy nt!-Iousrrtg anti (;rhea lkvrdupnxat, as to?lows. <br />(?) If and fir icmq as said n+>$€ of even daft nerd this instrument set insured rrr arc rrtnsureJ wider rise prcr• <br />vtsxsxs s3P the Notional tiousinq Act. an anrcnrnt salt?c4ens t.1 scrutnuiata ur lire hanils ref the hulslrr one <br />Lthr•e }••rrc Ia ~c ~t,.,e date hat~rf} <br />•• ?S§ ~n..aa Ir;ta t=3~a Ii rat i`•yrMFat +lR ta} <br />•r• ie:lAal }$Cb4 a4YRta3 <br />SSi.Tk G+C NrnriA&MA <br />a ~.-~-, a>•,h tea,?}+t. ~: ~ t3t=r ~ eta. d -ne.r xr,y ., f asna.~s ; ;. n rd >y, <br />~~< t~o i ~~t <br />