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<br />83-004158
<br />
<br />MORTGAGE
<br />
<br />This form is used in connection
<br />wnh monpges insured under 'the
<br />one- to four-family pnwl.IoJlf of
<br />the National Housing Act.
<br />
<br />
<br />THIS MORTGAGE, made and executed tlm
<br />19 83 . by and between William J.
<br />
<br />of the CO\IIlIy of Ha 11
<br />tbeMortg;lgor.aitd Superior Mortgage,
<br />
<br />29th day of July .A.D.
<br />Sautter and Sandra A, Sautter, Husband and Wife
<br />
<br />. and State of Nebraska, paRyot the first part, hereinaftefcalled
<br />Inc.
<br />
<br />a corporarion{lfgal1iz~ and existin! under the laws of Nebraska
<br />party of tllcsecond part, hereinafter called the Mortf!lJ!ee,
<br />
<br />WITNESSETH: That the said Mortgagor. for and in consideration of the sum of Fi it Y Two ThousEilld
<br />five H~ndred ~nd No/lOOths------------------.Dl;illars ($ 52 500.00 ),paidbytl\eMort.
<br />J!lIg<<, .lhe recelp! (tf whlen is hereby acknowledged. has Granted and Sold and oy 'lieSI' presents does. Gl"Ilflt,'!Jlll"
<br />gain. Sell, Conv"y and COIItlrm unto the Mortgagr:e. its successors and assigns, forever, the fol/owtng.odeScribed
<br />real estale. siluated in the Counly or Hall ,.aJld$tate
<br />of Nebraska, 10 wit:
<br />
<br />Lot Seven (7) in Block One Hundred Thirty six (136) of the Unio~
<br />
<br />Pacific Railway Company's Second Addition to the city of Grand
<br />
<br />Island, Hall County. Nebraska
<br />
<br />01 the- Sut/1 1'r1O"'flltl Mend,,,n, """!mlU"f; In dJl
<br />Htcnf ~ur"e}'.
<br />
<br />TO HAVE AND TO HOLD the pre""'" "toe"" ile,':fltoed, "Itn ail the "l'pUrle""""e, !hercU"lU bel'lllginll and including
<br />an hcali1l/1, pl"'''l'lllfll ;tnd hllltlinll ti"lur.., and cqu'l'lllefll !lVW or lJere"itef aHache,1 to 'If u>..d in c',mne"lmn wllh said real estale
<br />unto the Mt1f1gage.c. .and; ll:l fb ~ut.:cC~:MJh itnu a",jji~n~+ fO-f~~Cf T~ Monpg~)r tepre'S-CHts 10. and coveo;an15 with~ the Mortga-
<br />gee, mUlthe M<lflllilll<>I' hit. 11<,,-><1 nllhl HI ,ell aIld elm'ey "ifd P""11i><S: !hallhey ar.. he.. from en.umbrance: and Illal th..
<br />M-uugag.u{ -wiU v.-arrant a.nd defend rht: ~..till( 4g~Un'l-i (he !~twtui ,lamb \11 ~dl pCf,l-OJ)~ \\h(}.m~oe\-et ~ and lhe ~ai-d Mortgagor hefe~
<br />by ff--!tflqui!\hc;;. -.dl righh af hume~teaJ" ,IUti illj m:anlitl righb. ~llhef wla\\' or in ~4uuy ~Hhl GH ()ther (-IJotinge,nl int-erc)ts of the
<br />MortgaJ\u in and t() fhe atH)'d:~deM.::,ri-bed rft;ml~e~, th<: inie'nilon {'ClOg tn \'-."10"<;' h~rehy ~l1! abs-olute litle, in fee simple. indud-
<br />iogaU r~hl' of h(!fflt;,tead. ant.i ni~t ft8hh ~!nd mkff":-.h ;1;>, ~lf.;)re",aH.!
<br />
<br />,,,r.., ac~ordi!llllO Govern-
<br />
<br />PROVIDED ALW A YS. "",Ilh.,,,, pf"ell!> ar.. ,"e~uled ,md ddnereJ upon the f"lIowinll c.'ndllion" 10 wil:
<br />
<br />fhe MQrtlPi&Uf .d.gfr'e~ tn Pili) hJ the M(H tga,g.:-t < ;",lr 1;~njtn. tht' pl'in~~p..1,j ".lHlB *-)f
<br />Hundred and No! 100ths_____________Jloib" IS
<br />
<br />Fifty Two I1lOusand Five
<br />52,500.00
<br />
<br />L
<br />
<br />WlIhlJlUfllSllfOmdatea!thetBleot Twelve and One-Half pel CelliUllI! 12.5 )pcrannullloo
<br />Ihe ullpaidlmbn.:e umil paid. Tn.. said prinupili ,md tIlle,.,! ,hall he pa;able at the office of Superior Mortgage, Inc,
<br />
<br />in Grand Island, NE 68802 or at 'ifch other place as the holder of
<br />the OOte lllayde.l,te in wfilm!!, ill munthly in,l:llimem, "I Fi ve Hundred Sixtv and 3l/100ths------
<br />----------------- !k'lla"(5 560.31 " I,cnmmclJ"lllgontl\t:fi"ldayo[
<br />$e-otember . it.; 83' .mrl,m thi." lir~i o.a"" (.If e;!<...:h n~vnth iheft.'aftt.~r until the principal and in.
<br />leresl ate Tillli paid. ..""ellI lhut the linal paymenl ,,[ I'nn1Clpal anJ inlel,"l, .1 not ,,,unef p".d, ,hall he due and
<br />NJiable\llllh<: llrM day of August, 2013 , ' all ac""rdinll to the terms uf a certain prom",
<br />Wfy 0<,>14 of even <I"'l<: !lele",.th """':ltted by lhe ,,,,d M.>r~Ul
<br />
<br />TbeMQr!l\IliVl' .nUld.::! m(,Ie full; It> plOted the secunty u( thl> C\iul'lll""'" allree.,
<br />
<br />(. Tmit hew!/! pal the indebted""", a' heI..in!lefore pru'ided, P'lwlicge i, l<,,,ned (,) pay the debt m wholl.', ur 10 ""
<br />~lll equal it) <me or more ffi4.mthly I"lymenb un lhe prindpllllh.~t "If ""Xl due "!llhe n,'le. ,m lhe tlTSl da, of an, m,)nlh
<br />priur l(nna~u.r:ity: Pro,t,ickd. ho-w.cv-Cf. Thitt wriUen notice or =1n mtentU)fI to ~\en'::l~e "u\,:h pri\"iicg,c i.... g:lvt:'H at 1t.'.il.\I thin}' nO)
<br />days pO(lt ~ Pfltp"ymenL
<br />
<br />~, ThliJ. l~.thl;t Wilh, lUl<l ilIlI<tditiml 10, the monthly payments "I pnncipai lllld illl""'! pa;able un.!el the I..rm, ollhc
<br />OOlt !<K""'" bettbY.lht M.~\}f ",ill pay to tn.:, MQfl,,~e, U!l the IifSI day of cadI munth umillhc 'i1i~ IWle b fully pa.,!, ,he
<br />f~w\'lIa~~;
<br />
<br />(:.) Mtl,1:W1,~ ,juf~n:t hJ f.{()vi<ie th~ hilld.~{ ~r~-ot wail fund.s. kl r~f the Hi;)!;t n.HHtgag~ jnsur~uh.:<,;' pH..~HmHn it !tH:-
<br />iu*!nt~)l and: tr~ utt(e ~('urt:d he,fee-hy. ant tn,~fed, Hi" a Hlf:lllthty cl1.arg~ hn it{,y ,.~r i:} -mo'(ta:ge Ha'tUtl!k, prr
<br />nuw,rIlf l~' ~H' !wId by Ih!l Sei:t~tiIlY ,,( H"""llij! and litb~" Oi;vd()f'lh(!lL " ,.,HI)\'"
<br />
<br />t.n If ,-if.r~ 1-0 tuu~ ~ wd OOh! p{ t,'ttJ1 4"..tt and lh~ .?ns:tftH.ntm ;in\.. HhuH;.r,.l aH' "l'H\:.;.un>d \Hh.h;~ W,,-' Pi'\
<br />'yo~,iJ"'~1tttl nf th.~ N.a.t}-t}JJal n'.(lO:~lg Ac,L .~i-'l >l:tt!,O\l'lH .~U-fru;j-Cl'H hi 3...'l:U.fiWLHl; Hi ~h{' 1,j;:toJ:. ,A th>.: hdid.':i ".1!:
<br />
<br />~ "H.-4<21.JM.. ~~ft _t &it thtf.tl t)l~ld ~Pt<}l... a -t",,}'t~t,,<!;v.r.jj
<br />
<br />StArt Of NflilllASI<A
<br />!.HfD \~.l~ ,OM f-t} '1"ql
<br />i}4 ('t f!: 1f.k\ '. $('~'.
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