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83005233
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Last modified
11/19/2008 7:20:48 PM
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11/19/2008 7:20:47 PM
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DEEDS
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83005233
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<br /> <br />I <br /> <br />83-005080 <br /> <br />Thtt fann is used in connection. <br />with mortgages insurecn.ndet the' <br />OM- to four.femllv proYi.fonI of <br />the Notio..1 HOusing Act. <br /> <br /> <br />r <br /> <br />~~~ <br />83- 005233 <br /> <br />MORTGAGE <br /> <br />of tbe County uf <br />the Mortllllllor. aild <br /> <br />THIS MORTGAGE. made and execuled this 21st day of September <br />19' a3 .byandbelween Donald T. Brooks Jr. & Carolyn J. Brooks, Husband and Wife <br /> <br />. andSral. of N.braska, party of the first part. beteillllfll!rcalled <br />Superior Mortgage, Inc. <br /> <br />.A.D. <br /> <br />Hall <br /> <br />a corporatiun organized and e xi.ting under Ihe la ws of Neb r aska <br />party of lhe second part, her.inafter called rh. Mortgagee. <br /> <br />WITNESSETH: Tharlhe .aid MOrlgagor. for and in consid.ralion of the sum of Forty Two Thousand. Two <br />Hundred Fifty and No/100ths--------------------D<>lIa.. ($ 42 250.00 ). paid bylhe MOrl- <br />gaga. I~e rec.ipl of which is h.r.by acknowl.dged. has Granted and Sold and by'thes. pres.nts does Grant, Bar- <br />gain. s.:1I. Conv.y and Confirm unru lhe MOrlgagee. irs successors and assigns, forev.r, the following-described <br />r.al esrale, situaled in the County of Hall ,and Stat. <br />of N.hraska. 10 wit: <br /> <br />Lot Thirteen (13) in Block Four (4) in Koehler Place in the City <br /> <br />of Grand Island, Hall County, Nebraska <br /> <br />RE-RECORDED TO CORRECT INTEREST ADJUS~1ENT DATE <br /> <br />of tbe Sixth Principal Meridian. containing 1ft all <br />menl survey: <br /> <br />TO HA VE AND TO HOLD the premises ab.>,< descnbed. wilh .lIlhe appurtenances th.reunto belonging and including <br />all heating. plumbing and lillhtil1f! fiXlurts and equipment now or hereafter aUached 10 or used in connecrion with said real estale <br />lJ_nto the ,Monp;aee. and IQ its successors and a'\~ign'i. foreVCL The Mortgagor repre~ents to. and covenants with. the Mortga~ <br />ge.. lhal the Morlgagor has good right 10 \ell and convey s~id premises; that Ihey are free from encumbranc.; and. that Ihe <br />Morll8llor will warrant and ddend Ihesame againsllhe l.w(ul claims of all persons whomsoever; and the said Mortgagor her.- <br />by rc.linqui,hes all rillhlS of h<>me,tead. and all manial right>, euher in law or in equilY. and all other contingenl int.r.sls of the <br />MortP&Of in and 10 the above-described premh.e~, Ih~ jnl~miQn being 10 con\'ey hereby' an absolute title. in fee simple. includ- <br />ina all riablS of home".ad. and other rillhts and interest; as .for.,md. <br /> <br />acres accordil1f! 10 Gov.rn- <br /> <br />PROVIDED AL W A ),S. and these prescnls are ...culed ~nd delivered upon the following condilions.lo wit: <br /> <br /> <br />The Mo~t9aqor aqreea to pay to the Mortqaqee, or order, the principal sum of Forty Two <br />Thousand Two Hundred Fifty and No/lOOths--------..Do.Uau ($ 42,250.00 ), with <br />iIIt.."...t fr_ date at tile ~Of Ten and Three-Tenth_r centu", ( 10.3 ') per annUlll <br />on the _. id balance unti . 9/1/86 , and thereafter at the rate of Tell and Three-Quarters <br />per cent... ( 10.75 U per 011 On che unpaid balance until paid. '!'he said principal and <br />illtarest shall be payable at the office of Superior Mortgage, lnc. . in <br />Grand Island. NE . or at .uch other place AS the holder of the note ....y <br />d..19!"lte iD writing. in _thly instalb."nt. of Three Hundred Eighty and 17/I00ths--- <br />------- OQllars ($ 380.17 ), cOllllllencing on the first dey of November <br />1983. lUld on tho> Hnt day of each "",nth thueafter until 9/1/86 .. and Three Hundred <br />Ninety Three and 81/I00ths-- Dollars ($ 393.81 J c.......c1ng on tho> first day. of <br />10/1/86 ... and on tbe first day of each IllOnth thereafter until the principal <br />lUld intereat are fully paid. "xcept that the final payment of principal and inte"eat. if <br />not. .~rpa1d, 81\a11 be due and pAyabie on the first day of October .2013 r <br />All aocord1n'il to the tenul of a certain prOllliosory note of even dAte herewith executed by <br />tbe add Mortga90'" <br /> <br />Tlle MortaalI<lf. in Ollie!' Olort fully 10 prot<<t the securily of this MorlJ8lle. agrees: <br /> <br />I. ThlIt he will pay the indebtedness. .s her.inbefor. provided. Privilege is reserved to pay lh. debl in whole, or in all <br />lUllOUIIt eqW!l to one or IOOre monthly payments On the principal that are next duc on the nOI., on the first day of any month <br />Pfipito lI!&turity: Provided, how~vel. That written notice of an inlention In exercise such privile,le is given al I.asllhiny (30) <br />d&)'s.priortoprcpayment. <br /> <br />'l.That, toaell!cr Wilh, and in. addilion to. the monthly payments of principal and int.re.. payable uncler the terms 01 the <br />ll<lk sccllhld....by. the ~ will pay to the MorlJ8llee, on tbe tirst day of each montb until the sail! nole i. fuUy paid. the <br />foBtlwm,.$lUI\$: <br /> <br />(a) .\!tt<!lI'U 1\/ff~1 t.oprovid. the holder bereof with funds to pay the next mOllpge insutance premium if this <br />ilt$Ulinltlrtl.and the ~. '"<:tlred heretry all' insured,. or . mo"thly .chat&e (in /iN of" mon~ inSUl1l1lce pre. <br />~Jlftbcy ilf. ileld b)'thtSccrelllf)' o(HousinSand Urban Development. as fellows: <br /> <br /> <br />(0 If IDa w 1001 as 1aI1I''')I' 01 n.n dale .nd this Insnurnel1l are Insured or are reiluUred under th. pro. <br />~ of \h.e Hatiotral liouW1g Al;l. an 'OlOt.lnt sufflcienl to. accu",ulate In th. J1and. of the holcler onc <br /> <br />., t~~_,y..t. f_~ U. 4at:.. h.*-ttQ(i <br />l~_ ~tJtJi _ 'tt:t;J'II-. UM_ I{z.t, 1>AJf1ltt*,ut ~_~.~ <br />U... . Hllli _UOl <br /> <br />~ .-f'fA.n_ ~h ........ ~ ~j#if,;J ~lN~ ~ '...I'wI,.,K-T_. <br /> <br />ST... U OfNtlll\All(A <br />Hl!~el;~~~'!!! <br />
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