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<br />
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<br />83';;;' ~iv4482
<br />MORTGAGE
<br />
<br />
<br />This : fo~m' is ~s~"Jn :,~J:1~on
<br />\/Vith..mottgt/gflli~rf(liU~"thlt'
<br />onO",tO:,.fOU(,fsmllV(pil>li/sio".'e>f
<br />th,;N.tlo?"liH~'i'1!J,~;' ",
<br />
<br />THISM()RtGAGE~lIljldearidexectitedthis . 19th day Qf
<br />83. ,byandbetween' RobertE. .Puhallaand Susan
<br />
<br />oftheCollniyof
<br />the,.Mortgagor ; and
<br />
<br />Hall
<br />Superior Mortgage, .. Iuc.
<br />
<br />a i;orporation'organizedand existinRunder the laws of Nebraska
<br />party of.thesecondpart,llereinaftercalled the Mortgagee,
<br />
<br />WITNESSETH: Thiitthe said Mortgagor, for and in consideration of the sum of Thiroty eight Thousand Five
<br />Himdredand No/lOOths------------ Do/lars($ 38,5 0.00 ),paidbytheMort-
<br />gagee,thereceiptof which is hereby acknowledged, has Granted and Sold an~ by thesepresel1tsd()~~..CJ,rant;:~ar-
<br />gain, Sel!, Convey and. Confirm unto the Mortgagee, Its successors and aSSigns, forever, tile Io/lowmg..Q(\$cnbed
<br />real estate; situated in the County of Hall ,andStaie
<br />of Nebraska, towit:
<br />
<br />The Southerly Seventy-Two and Six Tenths feet (S72.6')
<br />of Lot Thirty Six (36), in Anderson Second Subdivision
<br />in the City of Grand Island, Hall County, Nebraska.
<br />
<br />of the Sixth Principal Meridian, containing inalJ
<br />ment survey:
<br />
<br />TO HAVE AND TO HOLD the premises ab<~;'c described, with all the appurtenances thereunto belonging and including
<br />all heating. plumbing and lighting fixtures and equipment now or hereafter attached 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, the 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 warrant and defend the same against the lawful claims of all persons whomsoever; and 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 C<lDvey hereby an "bsolute title, in fee simple, includ-
<br />ing all rights of homeste"d. and other rights and interests as aforesaid,
<br />
<br />acres according to Govern-
<br />
<br />PROVIDED ALWA YS. and these presents are executed and delivered upon the following conditions. to wit:
<br />
<br />Th. e M,ortgag. o. r al!.r,ees to pay to the Mortgagee. or order, the principal sum of Thirty-eight Thousand five
<br />hundred and No/lOOths--------- Dollar> ($ 38,500.00 ).
<br />
<br />with interest trom date at the rate 01 Thirteen and One-half pel .:cmUlll ( 13. 50 ~(.) per annum on
<br />the unpaid balance until paid, The said principal and interest shall be payable at the office of Superior Mortgage, Inc.
<br />
<br />in Grand Island, Nebraska . or at such other pl"ce as the holder of
<br />the note may designate in writing, in monthly installments of Four Hundred Forty and 98/100ths---------
<br />Dollars ($ 440.98 ), commencing on the first day of
<br />Oc,t()\)er 1. . 19 83. and on the firsl day of e"ch month there"fter until the principalllnd in,
<br />ter.e.st aT.,e fUU.Y .paid, ex. cept that. th.e final faymem of principal "nd interest. if nOl sooner paid, sh"lI be due and
<br />paYlIble on the first day of September, 20 3 , : all according to the terms of a certain promis,
<br />sory nute of evenda!e herewith exeCUted by the said Morlgltgor.
<br />
<br />The}.(ort8l!(l(lfin orde~ more fully to protect the security ~)f Ihis Mortgage. agree>:
<br />
<br />I. Thllt)e will pay the indebtedness. as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />amouq.teq~loone or more monthly payments on the principal that Me next due on the note.. on the first dllY of any month
<br />pri(lf to maturity: Provided. however, That written notice of "n intention to exercise "uch privilege is given at least thirty (JOl
<br />days priOHO Plepayment
<br />
<br />2.1'hl\1,togetberwith. ll1lllin adQitionlo,the monthly payments of principal and interest pllyableundeuhe terms of the
<br />ItQte s~,her.eQy"t~~tllll8or wUlpa)' tMIle Mor~ee. on thefirstday of each month until thesaill note is fully paid, the
<br />f~!!owiAAs~ms;
<br />
<br />(a)Amq~IJLSIlfl1c!FW to provide the hold;:rhtlJeor with fUnds II) pay the. nQl\t mortgage insuranccprenuuJIl if tillS
<br />~trU~tandthe note secUJed herehy arein.:wred, or atllOnthlycharg<: fin. lieu of a m,"tgage' !nsufQm:c prc~
<br />"Ii#t1l) irth~Y irelleJd b)' the. $eCfct!UY or H~ing and Urba\lD.:veJopmcnt, 3S follow,;
<br />
<br />(l) Ifan;;l}o!olllla$illIil.\II01<:pfeve;ltdllteal1d Ih~lnf,tnllll<'l113fe lnS\llCd Of "". rdmureJ under ,he pn.>~
<br />Vjs!(!Ds. o,f illt Nll,tiQt\ill H(~~&inJ1. ,<\c:t. anamounUuf!iclcnt t9 aWlIllulale in Ihe halle!, of th" huhkr PH"
<br />
<br />STATE 01' NEBRASKA
<br />HUO'9Z14~M t9.-'9~
<br />1'4 Cf:l"{ 2nO 1 SOl
<br />
<br />f!lf>I>l_HM.;n43M, W!>r<h Mav ~ u."" Un'" lli$pl. l> ".It"",,,,,,
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