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<br />83-+}02661
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<br />MORTGAGE
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<br />This form is used in connection
<br />with mortgages insured under the
<br />one-. to four-family provisIons of
<br />the National Housing A~.
<br />06139603
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<br />THIS MORTGAGE. made and executed this 27th day of May ,A.D.
<br />1<}83 . by and between Rand~. George and Mary M. Arnold, both sin~le persons
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<br />of tbe County of Hall' ,and State of Nebraska. party of the first part. hereinafter called
<br />tbeMortgagor, and
<br />COMMERCIAL FEDERAL SAVINGS & LOAN ASSOCIATION
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<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second pact. hereinafter called the Mortgagee.
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<br />WITNESSETH: That the said Mortgagor. for and in consideration of the sum of THIRTY FIVE THOUSAND
<br />,TIilO Htl1iD1lED and 00/100 Dollars ($ 35,200.00 1. paid by the Mort-
<br />gagee. the re;ceipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar-
<br />gain. Sell. Convey and Confirm unto Ihe Mortgagee. its successors and assigns, forever. the following-described
<br />realestale. situated in the County of Hall ,and State
<br />of Nebr4Ska.10 wil: 1104 So. Greenwich, Grand Island, Nebraska 68801
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<br />Lot One (l), in Block Two (2), 1n Sothman's Subdivision to
<br />the City of Grand Island, Hall County, Nebraska.
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<br />~MlcJOOlQXJll~~
<br />W---J'
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<br />~
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<br />TO HAVE AND TO HOLD the premi"" "\><".. de,aibed. with all the appurtenance, Ihereunto belonging and including
<br />aU beating. plumbing and lighting fixtures ltnd e4uipment now or hereafter anached to or lIsed in connection with said real estate
<br />unlo the MOrl@llllee. iUld 10 its slIcce"o" and a"i~ms. forever, The Morlgagor represellls 10, and covenanls with. the Mortga-
<br />I!<'e, lbaltbe Mortgagor has gOO<! right 10 ,ell and c"lIVey ,aId premise,; Ihatlhey are free from encumbrance; ,md thallhe
<br />Morlg3ll'.lt' wilt warranl and defend the same agam,t the lawful daim, of aU p.nons whom,o.ver; and Ihe said Mortgagor here-
<br />hyrelinquishees atl rights of h<>mest.ead,:md atl manial righI" either in law or in e4uity, and all other contingent inlerests of the
<br />Mtlttgagot in and to l~ amn'c-.descfibe\l premi:-.cs. the intention heiog Iti conve~' hereby .an absulute litle. in fee simple. indud-
<br />ing all righls"f homestead. "nd other right, and inlere,l, a' dot".'d
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<br />PROVIDED ALWA YS. and these pre"'nls are e",cOled ar.,t delivered upon Ihe fotlowingconditions. to wil;
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<br />The MOl'tgagor agrees 10 PlOY to thee Morlgagee. or order. the pflocipal sum 01 THIRTY FIVE THOUSAND
<br />TWO liUNDRBl> and 00/100 Dollars 1$ 35,200.00
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<br />),
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<br />with interestlrotll dale allhe rale oELEVEN and 50/100 pel cenlum\ 11. SOO 'k) per annum on
<br />the unpaid balan<:e until paid, The said prindpal and iOleresl shall he pltyable allh. office of
<br />Coeaercial Federal Savings & Loan Asaociation
<br />in OUba, Nebraska . or at such other pla];e,~..the holder of
<br />the llQle _y <ksipale in writing. ill monlhly installments of THREE HUNDRED FORTY EIGHT and 8](1 uO
<br />Dollan; IS 348 .83 I, commencmg on the lirst day of
<br />Jul, . 1983 . and on the firM day of each monlh thereafter lInlH lhe principal and in.
<br />reresl are. fully paid. excepl Ilml Ihe filllll pal'ment of principal and interest. if nol 'ooner paid. ,hall be due and
<br />payable on IhefirSl day of June, 2013 ; all according to Ihe terms of a certain prom;,-
<br />S<>fY. ool..qf e'..ndat" herewilh execuled by' rhe!>aid Mungagur.
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<br />TbeM<lfI~j)finorder l1lore fuUy toprotectthe ""cwity 0( this Morlgage, agrees:
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<br />l. Thl.lhe wiUpay the indebtedness, a.s hereinWore provided, Privilege is reserved to pal' Ihe dehl in whole. or in ,ul
<br />am0unt C<ltUlllO (tile or more monthly payments on lbe prindpalthat are nexI due on Ihe nole. on the firsl day of any lIIonth
<br />prior tll ~t\lrity: Pruvided. however. Tlml wnlten .wlice of an inteotion to exelcise ,"ch privilege i, given <llle'I.SllhirlY i11l)
<br />.l1lys prior 10 P\'eP'lymerll,
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<br />2. 'Thalt,lolWlbet...it~. lI1Id,inlldditioo 10; the monlltly payments of priocipal and interestl,aynbleunder Ihe lerm, Llf the
<br />oole _41~lwleb~',!be ).I~lftgagor willP'lY lolhe Morl&llllK_ un the fim day of each month until the sOlll n<lte i, fully paid. the
<br />ful!llwi...~~;
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<br />(aJ
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<br />A/llOIl"l, $UfIl':iemlupr~wlde Ule hQ\delhl:leof will. fuud., lu pay Ihe nexl rMrtgage In,uranc,' prellllUm.lll",
<br />m,.~tl~t .in4:~th( _n~~ti: k4':lH~d ht:r~by, aN:"_ ht$Ul(td~ or 3 mt>uth1y dlarg.e {iff lJ(}U (,'l a murtgagr itullnlllC(' (.lU-
<br />ltt/Umjlf'lheY alel!eW l>y the ~,;ret.ry of lW\lslUll and Vrlla" ["'veloprr~nl. .s follow,
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<br />(lJ liVid S<lltml as....d '''II,e of.eYro dill. 1I"d tlti, "'''lrumcm .l< m""".! '" ",' !clOsured lH"b the 1''''
<br />tiJ!k-~ gf-~__ Nalk)#l~ J.w",$ing }"'t-> an 3mb~ra ;ui(!kknt to a",.",-uHnda.tc In ~hc- h;Uhh .."11 Ht;; hu.hh:. VIi<:
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<br />~/'W."..11~~ ~t<_ ~ Blr-f..-1 t,ft';-fi-. ~i.. <.1: t:t~~A1i:'~
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<br />STArt Of N(llllAllKA
<br />14UOH2H1:M tfit- mj
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