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.,ecea~~ MORTGAGE Th;r lnrm .. ~.~, + rnnnect,nn
<br />~' - ` ~w, with mongages inyu M under the
<br />~i ~ ona• ro lnur•tamily provisions of
<br />~~ ~+ t10 0'9 21 83 ~~ ~~ thv rbtionat Housing qq,
<br />PHIS MORTGAGE. made and executed this 20th Jay of October ,A. U.
<br />p183 .byandbetween David J. Pittard and Susan R. Pittard
<br />ut,the County of Hall .and State of Nebraska, party o(the first part, hereinafter ralled-
<br />the Mortgagor, and Co»ercial National Bank and Trust Company - -
<br />a corporation arganizedund existing under the lawsof Nebraska
<br />party a(the seconJpert,-hereinafter called. the Mortgagee.
<br />N'17NESSETH: That the said Mortgagor, for and inconsideration of the sum of Forty one. thousand and
<br />00/100--------------------+------------------ Dollars (S 41,000.00 ).paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold' and by Ihese:~ presents-does Grant. Ba~-
<br />gain, Sell, Convey and Confirm unto the Mortgagee. hs successors.and assigns, friitver..the`foll~wig-described
<br />real estate, situated in the County of Hall -, ;and State
<br />of Ncbnska, to wit: ~ -
<br />Lot Six (6) and the North Eight Fee[ (B') of Lot Seven (7}
<br />Block Twelve (12) in West Park Addition to the City of
<br />Grand Island, Halal County, Nebraska
<br />Mortgage is being, rerecorded to correct payment date. on
<br />mortgage dated October 10, 1983. and recorded on October
<br />11, 1983 on Document #83-005426 of the. Register of I)ee'ds-
<br />records of Hall County, Nebraska.
<br />nt the Sisrh Principal Meridian, containing in a!I acres accordingtgGdvern-
<br />mcnt survey: _
<br />TO HAVE AND TO HOLD the premises.ah~.:•.z described, with all the appurlcnances thereunto belonging andincluding
<br />all heating, plumping and lighting fixtures and equipment now ur hereafter ;utacheJ to ur usedin connection withsaiJ real estate
<br />tmut-the btorigagee, and-.tu itssuccessnrs and rssigns, forever. The Rtnngagpr--represents tn::and: cne^enunts witfi, the Mortga•
<br />gee..-that theblortgagnr has Bond right to sell and convey sail-premises; that they rrc free fiarneneumhrance, and that. they
<br />Mortgagor willlwarianf anddefend the same against the law(ufelnims of ah persona wham+ocver,=and the said Mortgagor here-
<br />" by. rehnquishesalt rightsof homestead, and all martial-rights, either in I:tw_ or in c ,oily, anJ allother,cnn4ngcnr interests df the
<br />~1i+rtgagor ire-and-h7 the above-described premises, the inteminn being to cnnvev hereby~a absolute,title.-.in(ec simple. includ-
<br />ingall-rightsn6homestcad,andtather rights and interests asafnresaicf - - - _
<br />ErRO\'IDED AL14'AYS, and these presents are executtJ and Delivered-upon the [nikncing-contlitinris,aowie-
<br />- _ The-Mortgagor agrees topag tp the Hortgagee:i or order, the.princapal sum af'Eorty-
<br />' one thousand and 00/~00 ---- --- ----- - pollars tS 41,:000.ppoo 1, With
<br />Snterirtst- [tom-date et t e r Ee~~~pf Ten and 30/100-- per centum f 10:3p tl::per enr.um
<br />on the unpaid belanne anti lfi,"Zl/86 • and. thereafker at the-rate of Ten and 75/'100---
<br />.per centum 1 10.75 [) pe aiutum an-the unpaid-balence: until paid„_ She Wald print ipel and
<br />interest tihall be payable-at the office of Cottmereial- Nat"ohal Hank FTrust Company in
<br />-. - - Grand. IS1and,NE" or et.stich other place as the. holder of the note may
<br />designate 1n-wziting,. in monthly iastellrnents.af Thi~.ee hundred sixty-eight and 93/100-
<br />- ---------0ol lets l5 368,.9,3: ); commencing on ~~// floe day of December '
<br />19 83 , and .on the first day of seep monththereafter unt11~1`gvember 1 1986 and Three
<br />f`hundre;d eighty-two. and 16/100-pollars iS 3$2.16.- 1 commencing on the flrat day of
<br />--~ October , 1986 ••• sod-om the firer dayoi each--.month thereafter until the prlncl.pal
<br />and interest art fully paid, except Chet the-final payment pcipal end lntecest „ !f'`
<br />not sooner paid, shall be;due and payable on the: first-day a~jj v~tobei 2013- i
<br />_ e~11 according, Lo tfie: terms of a ceatain promissory noteof~even:, dacenecesrltti. executed~::by'--_
<br />.thu ~eaid tract=gagor. - ~ - - - -.
<br />The Mortgagor inorder marefully to pruteetthtsecurily o[ this Mortgage. agrees;
<br />I. 711u he willpay the indebtedness, as hereinbefore: provided,.: privilege is reserved tc pay the debt in whole, or imen
<br />_ mnauat equal to _one or more tnonahly paymert[s onthaprincipal that are next due on the note,on=the firs,[ day,rof any.month.
<br />pria>rto.maturity;: fYovWed; hnwever,That written noticrof an intention to exercise. such privilege is givenat feast thirly1301
<br />dayspriur oprcpeYm6nt.
<br />- - ?. Thar, ugeihtt~with, and;io atiditipn.to, the monthly;p:iymenlso( principal, and.inlereat. payable undefdht terms of-the.
<br />nn+r sccurcJ htrehy. the Morlgagorwill"pMy Io,thc Mortgagee, on-the-first day of sash month until the-saitl:note is tatty paid, lhd.
<br />following sums:.
<br />tuj Amoa;ttsufCtCieffirt tsr provielt-kite haldti hdteotwith funds to pay the next mortgage insurance-prcanium if-this
<br />:usuuntenf aiul alit note secutcd hereky zw insured, ur A monthly charge fin tiro o(a rnnrtgage in;trranet pre-
<br />nrium) if tfapy art held by the $e~tetsrry of Housing anil =Urban 1)cve{npmcnt, as follows:
<br />(I) it and ao):ing "as said note of exert date and-.this insttutnent art irisuitJ or art reinsured.under the pro-
<br />visisrpxof the National FIaUSin~t.A'gt: an amount sufficient rn acaun}orate Ln the hands-utthc-holder wtc
<br />• ;tort. y.•: •:trcn_ctsa.deC. harrofl
<br />r, , 15 aer.,n. !run tM fie~aF „payawraA !(a-eel
<br />STATE GF NEGHA&KA
<br />- Rpgd> =s ' n '_ sythwh rexy=8r tf€ed 1~ltr~gilry i3 t;Mrtat;EPti tq t;fi rx ~!Lrf,'.75n!
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