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<br />I <br /> <br />8~il04912 <br /> <br />MORTGAGE <br /> <br />This form is u$ed in ItOnnectNm <br />with mort!1lOft insured ,under. the <br />one-- to tour~temily provilionl of <br />t"'_Hou,;"II_. <br /> <br /> <br />THIS MORTGAGE. made and e.eculed rhi, 15th day of September ,A.D. <br />19 83 .byandbelween }lark R. Sandstrom and Darcy J. Sandstrom, Husband and Wife <br /> <br />oftbe Counlyot <br />the Mortgaaor. and <br /> <br />Hall . and Slale of Nebraska. pany of the firsl parI. hereiDllfter called <br />Superior Mortgage, Inc. <br /> <br />a corporatwn organized anj ,,~jsljnl under tht laws of <br />party of the second part. hereinafter called the Mortgagee. <br /> <br />WITNESSETH' Thallhe saId MOl'lgaaor for and.n con"derallan ot Ihe sum of Forty Three Thousand Five <br />Hundred and No/lOOths ----------------------- Oollan(S 43,500.00 ),paidbylheMorl- <br />gagee. lhe receipI of which IS hereby acknowledged, has Granted and Sold and by Ihese presenls does Granl. Bar. <br />pin. Sell. Convey and Confirm unlO the Mongagee. its ,uccessors and assil!flS. forever. rne followillll-described <br />real ""'ale. ,ir""led In lhe Counry of Hall . and Stale <br />of Nebra,ka.lo ..II: <br /> <br />Nebraska <br /> <br />Lot Nineteen (19), cn Block Three (3), <br /> <br />in >leves First Add itiun to the City of <br /> <br />(~rand r:"land,. Hall Countj~, Nebraska. <br /> <br />,)f the- Si"'th Prind:paj M~fH1t.:m. ((lma'ntne.m aU acrts accordinc 10 Govern~ <br />fflf:nr !iurve~ <br /> <br />TO HAVE M'D TO HOLl:llhe !'fem"", '''''',. <In<''~<l. ,,"h.1I the 'ppufltnances thereunlo belonglng.nd im:luding <br />aU hc.atittg. p!umhlng- and ti~ltn. fh:.tuJc'\:.nd t'qulpmcof noVo uf hcn:llftcr attu<:l\c:d to Of u\cd in co-tmectivn VFHh said reat ('Malc <br />untotn< M.ufl~C. and 10 h-'!o 'l.U1:(.(\')\~n and "-'\"iJtph. lilft'o'et Th~ ~h}ffp.guf f~pr.escnr\ w. and covenants with.lhe Mortaa~ <br />Ice. th:At tht Mort_~)f ha~ Cood fight 10 ,tIt iinl.! kt_~.fJt"e\ ,..ltd JUt:"ll\C"~ Ihat lhc-)' art !tee from t"n(umbran.c;c~ and that the: <br />MUftJqQf ""ilJ "-fUHIAt ami defend the him( Jialfhl to< loi'A fuI c-l~um). of ~H J)ehtln!i whonuoevtt: and (.he sajd Morlg.q;or hefc~ <br />by rdiAqUW.nci aU Up15. of ftomei.lr;;,u!. J.OO -itll Mafil4i ntht~, (Ittl<1 in iaw Ot in t'Qutly. and liU oth~r contingem interests -of the <br />MUf1eagot m and I() the' &bortc:-tk~.uibc\l pfC'tfH~'1. It\( ,"l('fltum hc1-nlllO C(.H1\'ty hcrc:by an absolute titlt. in fet slmple. indud~ <br />ins: aU rljht"! of Mme....tC:lld. and other ri~hts anoJ lott'fl:"!.t,:, ~i", a!or(~aIJ. <br /> <br />PROV1UEO ALW--\ \'S. and th('~ rrt',('nh aft (u~'ukJ Mld ddi';i~fi:"d upon tot' toHOWlnJcondltaOO\. to wu; <br /> <br />The Mqrt.s&"or ",,,,rue to P4Y_ to' leu., Hortqaq<<te, OJ:' order ~ the p-r1nctpal SUM of Forty Three <br />Thou"",nu FIve Hundred I. Ndl00rhs ------ Dollan (s 43,500.00 ), "lth <br />Int...ce__t fro.t d4t,e At the l',StEt of Ten & Three-'tenths per centUMl ( 10.3 \) pet' annual <br />on tI,. ~id b4.1&.J'lee until 10/1/86 . and th6c8after at the rate of Ten 6: Three-Quartera <br />pe.. c..._ ( 10.75 \l pol' "nnWl on the unpaid balance until pd4. The sa14 principal and <br />lAW..... ahaH be payable <It the offlc" of SuperIor ~jortgage, In.:. in <br />Grand Island Nebraska. , or 6t auch other place aa th<t bo14er of the note ....y <br />....1'...U in wrtt1lt9. in ..,"tIlly lnstall...nU of Three Hundred Ninety One and 42/100ths <br />Doll&-r. ($ 391.42 ).. cotMlencinq on th.. first day of November , <br />1983 . aIII4 ~ .be f1%.. dav of ".cn _.h thereaftec until 911/86 .. and Four Hundred <br />Five and ..61100ths ---:--- Ooll..n ($ 405.46 ) c.-net", on tbe Hnt day of <br />OctO-ber, 1986 ..a and on the tit'&t day of @ach Il'IO'ftth tJt-.r..ft.e~ until the principal <br />aM 1tttenet er-e fully paid, ~.cept that the t in.l pay.nt, of princlp..l and lnter..t, if <br />not; ."""ex paid, shall be due .114 payable 00 the firat day of October , lOB I <br />.11 aoc:o;rd--1tt9 ta the t_eraa of a C'ert.ain pr~.l.8ory note of even data becwith executed by <br />tM ....14 _t'lll9<>J:. <br /> <br />'The ~'" 1ft ...det lftOfe fully'" pr"'l<d tn., ",,,uril~ <II UII' MOIIPllc. 'lIfe..; <br /> <br />l. 'ThaI he will P"~ rhe iOOebfedne>>. .. Ilcrc",het"re !'f""J<ltd. Privilep " re.erved 10 pay lhe debl in whole. or in an <br />_.......10""" '" .."," moothly ""y....nt' "" rn., !'f",,,.pallh;,t are nUl due on lhe nole. on llIe first day 01 an~' l110nth <br />""ilK kJlH\llri(y; I'ro~*kd, .net, ThaI .."lien '.''''''t "j an unentkm 10 uerd", ,u~h privilege i, given at lu,llhirty (0) <br />days /Irio!.kJpr.,..yllleat. <br /> <br />!, . n.t. ~ wllh. afld'll ad<l."""'I". the ","ntllly l"'tl11em, 01 pr,ncipal and .llleren payable under the lerms of the <br />__edIltnbY,lhcMOt1p&<<...IJll"lYw lhe M"'....., on lhe Ii"t day "t """h lIIooth unrilthe..ill oote tsluUy l"'id.the <br />~llJ~; <br /> <br />I.) "-t tVlflQenllo ","0Ilk \.be. hold"r lIereof WIth fun<!. I" pay rhe n"xl mort..... in""",,,.'" prelluum if Ihl$ <br />~ 1!R4.,\ha II"'*' ~"''''' heft!>y lIf" _red., ,)fll Inonthlydwae (I" Iku (I! /I """fl/ll" imlUflltu p"" <br />lIIMIiiiilhlly _Ildd II)' IlIe S1ttftlllty of tlwmt and Urban Drrftlopmenl. ;oS i~: <br /> <br />(I) It MId SO looJ .. I<il4 nolI' "f,."" d<llf ond thi$ flmflln>enl lIll' inlltl<ld ot lift tC!A$Ul'lld under rhe p,o> <br />~oflhe .l<latlotlal Hw",^J, kl. ;w a_I wmci<1lllo ",.:urnulale!A lhe be_"," of Ih" hol<hlf UM <br /> <br />~ i...... -f"". t.., 1.___ a,_U M,t.t f <br />.-.. a'$ ....tp. .t-r. t_ ,fU"'\- "~~ "-'t-,O} <br />...- ~ 1M- l.... ~~; <br /> <br />,."...1'..14/t'.... _..... to __ ~~.." t._,.... <br /> <br />tlTATt 0' "'!!MAllIU> <br />..VIHI'I...., $.191 <br /><:1a CHI ;lOO.I!i01 <br />