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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.fainify - provjsions: - of
<br />theN.tionaIHous!ng Act.
<br />
<br />TIDSM0RTOAOE, made and executed this 10th day of August ,A.D.
<br />Steven D. Johnson, a single person and Donna J. Neisner,.a single
<br />
<br />l!t g,3.byandbetweert
<br />. D&fif~~nty of
<br />the;Mortgagor~and
<br />
<br />Hall
<br />
<br />, and State of Nebraska, party of the first part. hereinafter called
<br />Superior Mortgage, Inc.
<br />
<br />Nebraska
<br />
<br />a corporation organized and existing under the laws of
<br />j)atty of the second part, hereinafter called the Mortgagee ,
<br />
<br />WITNESSETH: '!'hat tbe said Mortgagor, for and in consideration of the sum of Twenty Five Thousand. Five
<br />Hundred and No /1 OOths --------------------------- Dollars ($ 25,500.00 ),paidbythe Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold an~by these presents does. Grant, par~
<br />gain, Sell, Convey' and Confirm unto the Mortgagee, its successors and assIgns, forever, the followrng~escnbed
<br />real estate, sitlJated in the County of Hall ,and State
<br />of Nebraska, to wit:
<br />
<br />Lot Eight (8), Block Twenty (20),
<br />Packer and Barr's Second Addition
<br />to the City of Grand Island, Hall
<br />County, Nebraska.
<br />
<br />of the Sixlh Principal Meridian. containing in all
<br />men! survey:
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<br />TO H." VE AND TO HOLD the premises ah-~,'~ riescril>ed, with alllhe appurtenances thereunto belonging and including
<br />all heating, plumbing and Iightin!, fix lures and equipment now or hereafler altached to or used in conneclion with said real estate
<br />unto the Mortgagee, and lo'ils successon; and assil!Rs. forever. The Mortgagor represenls 10. and covenants with. Ihe Mortga,
<br />gee, that the Mortgagor has good nglll to sell and convey said premises; th,lt they are free from encumbrance; and that the
<br />MorlgaiOf will warranl and defend the same againsl the lawful claim' of all persons wnomsoever: and the said Mortgagor here-
<br />by relinquishes all rights "'f home,te-4d, and all manial rights. either in law or in equil)'. and all other contingent interests of the
<br />Mortgagor in and to lhe above-described premises. the intention being 10 convey hereby an absolute title, in fee simple. includ-
<br />ing all rights of homestead, and other rights and interests as aforesaid,
<br />
<br />acreS according 10 Govern-
<br />
<br />PROVIDED ALWA YS. and these presents are e\eCUled and deli"ered upon Ihe following conditions. to wit:
<br />
<br />The MortP.&I>rawee. s loyay 10 the Mortgagee, or .'rder.lhe principal. sum of Twenty Fiv~ Thousand Five
<br />Hundred and NO/lOOthS ------------------------- Dollars (s 25. :lOO. 00 I.
<br />
<br />with interest tr<;>m date al the rat." ot Twelve per centum t 12.0 ':f.) per annum on
<br />theunpaid~l' unti! paid. The said prin.:jpal and iolere't shall be payable at the olllce of Superior Mortgage, Inc.
<br />
<br />in Grand Island, Nebraska . or at such olher place as IlK' holder of
<br />thellOtennll)' de~te in writing, in monthly installments of Three Hundred Six and 04/1 OOt hs ________
<br />------------------------ 1X>llars ($ 306.04 1. commencing on the first da)' of
<br />Oet;OP.er ' 19 83. and on the first day of each month thereafter until the prillC.ipal and in,
<br />lereSl{l{e. fulliPaiil, eXl:ept lhat. the final payment of princ'pal and imerest. if not sooner paid, shall be due and
<br />Pllyallleonthefmltday of Sept~ber, 1998 ; all.cl:ording to the terms of a certain promis.
<br />1lQI'y not'! of even date here..ith e"el:Uted by the said MQI'tgagor.
<br />
<br />The M.ortgaior in order more fully to prolect the security of thi, M()rtgage, agrees:
<br />
<br />L That he will pay tbe indebted.MSS. as hereinbl:fore provided, Privilege is reserved to pay lhe debt in '\:hole. or in an
<br />~t.1 to O!teorllttmm<!l'lthlypaymentson the principa/that are neXI due on the note. on the first d.y of any month
<br />pnor tG~I,.: Pro~. /$1\'<,..('r,11Iat written notke of an inlenlion to exercise such privilege is given al least thin)' POl
<br />day~ Ilt'ior.. to pte)lllrment,
<br />
<br />2, Thljl.t~ll1ith,alldill aclItittimtu. the monthly P<lymentH,rprincil'al and illterestpayable under the renmo! the
<br />~e~llc1:cb)', tlw: M.~ willl'aY"-lthe MQrl&!l&tle. on the fir$! day of <:acb mOQlh until the ~\ilI nute is fully paid, the
<br />{~lj.,:}""il!ll:,~: .
<br />
<br />('1 ~f!( St.!~nt tll ptuY!\ie .lbt.. hlllder berO(jf witlt fulllh IOpa)' the. ne:<.tmortpge iMurarlc,: prellllum if thIS
<br />~kul'ltC.tl.t ..!If!ll....tm- oote,$lX;ttted hereby In jnml~,O{ amolJ~dy cl1at~liJt IiNi of i1 INflflgtJ8.e iflSl<.ffrlln' we,
<br />Ifl/W1f1 f(th~ a~fulld by Ute S<<J:ClaTy orHO\I~ and Urball ~"elOPll1ellt. as fallows
<br />
<br />
<br />m If~pw.l<Jtlillli!said note of~~ dat,eiUl4thi$in!>tNllli<tlt are insured ~~. ale ,emsut<tl 1ll1<1<;1 lhe ph'>
<br />.'1~. of the 1'4tJt>nitI HO\I~ :~t,a.n llI!\Ollt\UtlfTh.i...,ll tllil\:;;umulate III lhe h<lllds 01 .the h<ihk! Ol\e
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<br />S'rATE 01' Nt8RASKA
<br />Hl)[Ht;>14:111l i1l7\l}
<br />1'~ trfl ~oo 1f1OJ
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