|
<br />
<br />
<br />I
<br />
<br />MORTGAGE
<br />
<br />53226-1-20
<br />
<br />This form is used in connec-
<br />tion with mortgages insured
<br />under the one- to four'family
<br />provisions of the National
<br />Housing Act.
<br />
<br />83...... 0 (s 2656
<br />
<br />THIS MORTGAGE, made.oo executed thi; 26th day of May ,A.D,
<br />19 83 .byaoobelween Larry Suhr and Barbara S. Suhr, husband and wife, jointly and each
<br />of tbe ('Qllntyof Hall ~'iJ~lttlot'1m,rfsVi~~1.0f the.first part, hereinafter called
<br />lite MOrl/1llSOr. and FIRS'!' F'\tD&RAL SAVINGS AND WAN ASSOCIATION OF. INCOLN
<br />
<br />acurporation "rgMiz<'d and "xisting \100<'1 the laws ,'f The United States of America
<br />P'lrly uf tfit ""cond parL hereinafter ,'alled Ihe Mortj,....gee.
<br />
<br />WITNESSETH: Thallhe said M""l{agor. for arnJ In consideration (If lhe 'urn of Thirty Eight Thousand and
<br />Dolla" ($ 38000.00 t, paid by the Mort-
<br />~, tbe reedpt ,w whieh " hereby :"knowledged, ha, Granled and Sold an<l by tlte,e presenls does Grant, Bar-
<br />gai-". seU. (\m\'e~' and Ct.lfifirm anfo the Mt"1Ttj;r4.!ltt", its "U-C(~t'S~{lts and assigns. forever. the foUowing-described
<br />lea! e,tate. ,il\JaUd in lhe ("1<",t, llf Hall ,and Slate
<br />o.f Nebta~k~, to- 'Jdr. .
<br />
<br />00/100
<br />
<br />A piece or parcel of land situated in the Northeast Q.larter (NE%) of Section
<br />'IWent:y-ooe (21), 'lOwnship Eleven (111 North, Range Nine (9), West of the 6th
<br />P.M. and lrore particularly described as foll(MS: O::mnencing at a point Sixty
<br />(60) feet due North of the Northeast COmer of Lot 01e (1), of William Frank
<br />l\dditi.on to the City of Grand Island, Nebraska; thence running due north on
<br />a line 'lhirty-'nlree (33) feet _st of the center line of south Locust street
<br />in said City for a distance of (~ Hundred (l00) feet; thence running due
<br />west. at right angles with said Locust Street for a distance of eighty-five
<br />(85) feet; thence running dUE! south parallel with said SOUth lDcust street
<br />for a distance of ere f!.tndred (l00) feet; thencerunninq due East for a distance
<br />of Ei.qhty-f.ive Feet (85' I to the place of beginning. EXcepting a certain tract
<br />cwned by the City of Grand Island, State of Nebraska as s.hatin in Return of
<br />Appraisers recorded in !bok 22, Page 9.
<br />
<br />t:~t t~ Sj\th. Pr'mt:-!r~d MCi'td!.:tt'L :":Pi1tmrung in..iH
<br />tnt!lt _..un,e~ :
<br />
<br />TO U A\- F .-\ND 1'0 Hot D the pr-:ffiht:" ;,[nf\\"t..' ~J("~tlft(:',L wuh all tnc dppunena'H;c, t~-f(;untv helonJ(in~ ;;in-l! mduuwg
<br />.lit h<-alin,g., p!umN.ng.ilfld. h@htiog fi"'Hll'~' ~Hhl e\lmfUJh\'fH rH~'" ~\f hClC'aftt'"I' ,tH~~hed ti'> 01 tI\Cu in (:~mltedjofl with 'iiilid real t:~tate
<br />unt~l the Mot{-~tc, and to lh ...u,,"\..t!,\iin ':Ind i)-\:\i~" hlfC\-er Tnt M'Of1~i.t:Of rr.pfc!'tcnh h., ~uut o)'Ii'enanl, v.'lth, the Mortgu~
<br />l,~, tb~t the \1Ctllg.al(V rni~ ~U1\.j nght tu "'rfl a.w l.Y~n\'(") ",.;shJ pf-eUU"lt'\, that ftw:t aft frc-c from COl,,;Umhfance; i~nd thl1l the
<br />Mon~tf \\11* 'lii,"~(fijnl ~H1J defend the '\..J.fne a~4trh.t the' bwful ;,.'!..Wll'\ Dr !ill ~f"ii)n~ \0\ hl)m~I<Ycr; imd the :-:.ait.t Mort,gag().f here.
<br />by teJtflqU.." ,;dl r"bh I,~f tu)flJe:sl<~tL "md;.iH mau.lu ughh-. o:'"llhcl III h.l\ok 'i.\f U1 e4uity. and all other ,,',mtangent inleresh of the
<br />Mort~,")f In and. to the .iihtl\c.J<,'\.Jiht-d prl."'fltl'C\, !he 1f!lc(ltu.i'n hem~ 1\11,.'(1(1\<"4:)' hen:h)' au ahMJtUlt: rille, In {~e -",imple, indud.
<br />illi Af f~\. ;){ bum(','t(~J, ,,\nti othcl t'Wu\ .tn~ nuer>:"",-t;; ~,_" 4fofe'l.ud
<br />
<br />dty property
<br />
<br />;l....tr.., ih,"'(urdtng 10 (i(wern-
<br />
<br />PROVlf)[D ALWAYS. ~HiJ.lbt;o.e rr("~nh .;itt; (\\,\:.u{(:\1 .H'W Jdl\cf(,.j \Jf'l(Hllht' folJowlnU .,;onditJon:\, to wit
<br />The '-'onllatl<'\! a~r<<, III pall!) Ill< MmllP'gee. "r ""Ier, the pIlm'ifl'lJ "um "f.. Thirty Eight Thousand
<br />Ovaa" (~ 38000.00
<br />
<br />and 00/100
<br />I,
<br />
<br />w.lh .nt"($1 /fOIl> d4le at tl.. ,.1< of Eleven and one balf pe, '",Iltum (
<br />lhe u"l'4id /:fl\1iI....", Uftlill"'od. 11lc ,aid ptlocfll"l and intere$1 shaJI be payable at (be (I!lice of
<br />and l.oan Asa<>eiatlon of Lincoln
<br />in I,incoln, Nebraska . or at such olher place., lite holder of
<br />the nole!ll;\) ,j<>~le in wriltllll. in 'Mnthly in.lallments "f i'bree Hund(ed Seventy Six and 58/100
<br />DoU.t> 1$ 376.58 I. ClJllllllencing <10 the fint day or
<br />July .19 83, "nd on the finl day of <ach "",nth Ihereaft.r until the principal .",j in-
<br />tel.'1 llfe i"lly~. exeepl thai the firul paYIllJ:lll <If prine,p.1 i,rnJ inleresl. if nol ,ooner paid, ,11,,11 be due and
<br />Il"yabk on the lir.t da, tif June' , 101 j . . all according 10 Ihe lerm, of . certain promi"
<br />''''y 1\<>1. (If ""cD dale herewith .,..<ut<d by lhe ""IU MvrllWKlf
<br />
<br />11. 500 % ) pel .nnum ,'"
<br />First Pederal Savings
<br />
<br />Tile M'>ltlJllll<'t illO(dcr more fUlly II} proteellhe recurily I}f thi, Mortgag.. agree"
<br />
<br />l. That be "'ill pay IIle indebtedll'''', as lter<inbch>rc l".wjde,L l'th.ilege i, reserved I" pal. Ihe deN in whole, Of .n an
<br />l!m\>!lnl egl,lNWO\l. <If ltIwe"'Mlllly P'I)l1ll:nl> <In tbc prineipallba.1 are nexl dlk: un tlte note, "n the li!>t day of any monlh
<br />ptiw Ul"'wnt):PrIl,i;t~, oo".\'er, That "'rIlten ",.tiee "r an ,nlenlion In ....rell<' ,uch privilege i, given at leasl thirly (30)
<br />dlo,y. prj,,, III J\!tJ:>lltll>tflt,
<br />
<br />2. "I'bat, t(>gel~ with, ;rnd. in o4dll/oolo, In., llwnlhly P'lymenl> of rrindpal and inlerest pay'abk under lhe lerm, "f lhe
<br />~ 1ie'"lifflflwftV"lbe M~l\f wffi I'l') t<,llle Mortll"~e. ,m tile Ii", day or eachmonln unti/llte ,ail! n(ltt is rully pOlid, the
<br />flJlk>"~ Will"
<br />
<br />Ii) Mt<mil.I....ff~lItJtl wp!Vvlde the holder beteof w.llh h..nd. I" P.Y Ihe lI<!!(1 "'nrlplle lIlSUllit1<" prenll"'ll If thl>
<br />lll.'!l~llf an<Illle ool.., fltC"~ Iletehy .r~ .lnoured, or . r..ontltly cblll&l'i in 11,,<< <1/ 4 nu>tl.fTlK" _nltl<'< p"',
<br />mhlm} jf they are h.ld by the Jkn~l:ary "fH",uing arnJ Ulhan J).,velopn.mt,.i ("now,'
<br />
<br />m
<br />
<br />If Ml<I ~'J.~ It# ..~ntltl! ,,( even dat" wd Jhl$ lmll'urnenl .... ituured 01 >Ie (.II1.",,,d ,,"4,'( tm pm,
<br />.j~oflfu, ~1'l<1!IAl ~ A<:t, an am'Mllt .1ffJl;;Wl>llo ,""cumlll3l" I,ll 1m hinds "I' the IH~d<l "11<
<br />
<br />:s'TAt'EtW NEtUUSl\.A
<br />HU(ltr.lI_3M !lI,.1!lJ
<br />
<br />~~ ~~H'_A~;:H";W_41~ ~ w ~ t,ltlt~ W1'lfW-v J1 il!iAAwit9tJ
<br />
|