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<br />MORTGAGE
<br />83..:..tw 2 615
<br />
<br />This form is used in connection
<br />with mortgages insured under the
<br />one- to -f(tur~family - proVisions of
<br />I th~ N~kmal Hootmy-A~-.
<br />
<br />THIS MOR'fOAGE, made and executed this 18t h . day of May
<br />1983 ,byandbetween Charles E. Fox and Mary A. Fox, Husband and Wife
<br />
<br />,A.D.
<br />
<br />oftheGo~ntyof Hall
<br />tJleMortgagor,aitd' Superior Mort!~age, Inc.
<br />
<br />. and State of Nebraska, party of the first part, hereinafter called
<br />
<br />a cOrpt)rationotganited and existing under the laws of N e br a s ka
<br />party of the second part, hereinafter called the Mortgagee.
<br />
<br />WITNESSETH: That lhe said Mortgagor, for and in consideration ofthe sum of Forty Four Thou sand Six
<br />Hundre~IFifty. ,m,d NoI.IOOths-------------. Dollars($ 44 650.00' .), paid by the Mort-
<br />gagee, the receIpt ofwnich IS hereby acknowledged. has Granted and Sold and by these presents. does. Grant, . Bar.
<br />gain. SeII, Convey and Confirm untQ the Mortgagee. ilS successors and assigns, forever, the following-described
<br />real estate. situated in the County of Hall . and'State
<br />of Nebraska, I() wit:
<br />
<br />Lot Thirty Two (32) plus the South 12.56 feet of Lot Twenty Nine (29~
<br />Lafayette Park Sulxlivision to the City of Grand Island
<br />
<br />of the Sixth Principal Meridian, containing in all
<br />ment survey:
<br />
<br />TO HA V E AND TO HOLD the prea.ises ah';:;e described. with all the appurlenances Ihereunto belonging and including
<br />1lI1 heating, plumbing and lighting fixtures and equipment now or hereafter aUached to or used in connection with said real estate
<br />unto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with. Ihe Mortga-
<br />gee, that the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance; and that the
<br />Mortgagor will waITaat and defen" the same against the lawful claims of all persons whomsoever; alld the said Mortgagor here.
<br />by relinquishes all rights of homestead, and all martial rights, either in law or in equity, and all other contingent interests of the
<br />Mortgagor in and to the above described premises. the intention being to convey hereby an absolute title, in fee simple. includ-
<br />ingallrights of homestead. and other rights and interests as aforesaid.
<br />
<br />acres according to Govern-
<br />
<br />
<br />,PROVIDED AI. WAYS, and these presents are executed and delivered upon the following conditions. to wit:
<br />
<br />The Mortgagor agr<les 10 pay 10 the Mortgagee, or order. lhe principal sum of Forty Four TlDusand Six Hundred
<br />Fifty and No/lOOths------------------- Dollars(S 44,650.00 1.
<br />
<br />witJI interest /rom date at the rate 01 Eleven and One-Half per centum (
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of
<br />
<br />11. 5 %) per annum on
<br />Superior Mortga~e, Inc.
<br />
<br />in Grand Island, NE 68801 .0ratsuchother..nJa~fJls.t'WhoIdNof
<br />the.note may designatedn writing, in monthly installments of Four Ihndred Forty Two and' I It uut s------
<br />DolJa(s ($ 442 .17 ). commencing on the first day of
<br />Jul y . 19 83, and on the firsl day of each monlh thereafter until the principal and in,
<br />terest lII'e. fully paid. excepllhal the IinaI payment of principal aad inleresl, if not sooner paid, shall be due and
<br />payableontbe first day of . June t. 2013 .. ; all according to Ihe lerms of a certain promis.
<br />sllry noteo! even date hej'ewltll execut(ld by the said Mortgagor.
<br />
<br />The M<>fl~r in order more .fully to protectlhe securily of this Mortgage. agrees;
<br />
<br />L 1'lilllhe.witlpay the indecbtedll<l'ss. as hereinbefore provided. Privilege is reserved to pay the debl in whole. (>r in an
<br />lllll(Junt equal to tme ormoremon(hly payments on .the. principall!mlare next due on the note, on the firsl day of any month
<br />PI'\oriomatl!ri~;.J'U>v~, however. Thltt wrillen notice of an intention to exercise such privilege is given alleast thirty (30)
<br />dlli'J prlori9Jtr,.p;iYlllelll.
<br />
<br />..'. :\\\l.,.tb. '.....and................in.. ad. d.. iti..... ..00....,...'.0. .)he... ..tno.n thlYP. aYll!e\lt.s o. f principa.l.anQ in. tefcst p. avable under Ibe terms of lhe
<br />,iJM; M!lr~Qrwmpay to the Mortpaee, on the /irst dayo! each month until the sail! note is fully pllid, the
<br />
<br />Am~i~~~t)o ~r()Vic!elhth<lla..r heJwf wit~ fnnds to pay. tfut next mortgage insurance premium if Ihis
<br />lJJstl~fMdffj(nole~uted hereby 8reintilre4, Of a /llonthly charge (if/lieu oj a mortgage if/swrmce pre.
<br />II!I~J~'t/j'Ymfl~llWtht. Sebel.,y ofItOO$ln'ifld Orban Oeliel<>plnent. as f()/lows:
<br />
<br />m Jfil>!<l ~ JO~$ ~$a!dnote of.elfendate3<ld thnimllurnenlare insured ()f .re remsured under lhe pro,
<br />'~.6tlf1l:l1i4tioijll trousirlgAcf; .iJr ilff/Qunf sufrlClent to >KClt/llu!ate to lhe haods of the holder ,,0<
<br />
<br />STAn OF Hll8l'lAllKA
<br />HOO.9;!t4~ f!I. fj}}
<br />f'4 CI'R 100.1501
<br />
<br />~. FI<!A-2143U~ ""itJIt May .. u..d Untll ~r it Exh......a
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