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<br />111!J. ~llll~ MORTGA(jl'. m.tde and ..eo'uudth;,
<br />I~ 83 . by and between Gordon C. Wales
<br />
<br />83~ 005871
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<br />MORTGAGE
<br />
<br />This lorm is useO in connecll(m
<br />with mor1gages. in5Ured u!,der Ih~
<br />on. 10 fauf-'tamiJy provisions' of
<br />the National Housing-ACE
<br />
<br />
<br />31st Jayof OCtober
<br />and Margaret A. Wales, husband & wife
<br />
<br />"fthe County i,f
<br />the Murlll""'f.and
<br />
<br />Ha~l . and State of Nehraska, p1Irly of the first parI. hereinafler.eal.locl
<br />commercial NatiO!Ilal Bank & Trust Company . ...,
<br />
<br />;) c.orp{lratit1n ofp'niud and l:lf<\.tlng under Ihe laws of Nebraska
<br />parll' of the <<<ond pari. hereinafter caUed the MOrlW'gee.
<br />
<br />WITNESSETH: That lhe said Mortgagor. for and in con,ideralion of the "om of I?i'ftv oae thousand eight
<br />hundred and no/lOO----------------------------- [)o/lars(S :> ,800. U ).paidbytlieMorl'
<br />gagee, the- rect:tpt -of whi"h i\ hereby ack..nowf-cdged~ ha~ Granted :;nd Snld and. by (hese prescnts,does-_-Granr'._ Bar..
<br />,gaiA. SdL Ctmv.e-y and Confirm unto lhe MOTtjUlie-e. its successors anu as~ign-s. forever. the- (oJt(lwing.de~critlcd~
<br />n:al (''i.taIC. !i.itual-ed in the (\lUnf~' of Hall -- _ ~ and--St_3tc
<br />..t Nehro,.a.lowit: Lot Seventeen (17), Kallas Second Subdivision, Hall COunty Nebra"ka
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<br />tIt lnt SiXI" Ptm-eip;tf "tc-ri{h~~n. i.:Qficuoltlgmall
<br />n\C'nt ~ur\!ty
<br />
<br />acres accNding to Go"'ern-
<br />
<br />TO HAVE \ND TO HOLt: the rre'miu', alH~"\. tln(uhed, with all [he ,1{'lrurlCnam'("1, IhcrcunH.l bth.mg.,"p: and lnduding
<br />:t!l h('.J:ti",~ plumhin-g ilnd li~hhng thwn:.. :If,d cqUtpmenl now m hereafter ,Ht:ldu:;J to or u\td in cunnection with said real e~larc
<br />HUh) lhe Murtg4c-e. :,u~d III IT, ,t!.(.C("\N\ ,mo 3,si~n'. rorc\lt"r The Morl&~I{:llt rC'rrc~cnf\ ltl, <InJ ..-:ovcmlOh- with. 1he Mortga~
<br />~<<. that tht Mort'0l8or has &t)i(,.t4 ught tll sell and cum,cy $iud fH'eml\c!t: lh~H they are hee hom r.n('umhtancc: and that the
<br />1i.h\flf:a):,'.Jf .._11 \\'arrant anJ -deftnd the ':\..,.Imc 3gajn~t the bwf\fI ""im'\ elf .I!! pen\\(!, "htllJl'\(Jevet: ~nJ the ",aid Mortgagor here-
<br />h) rchn-quishC's aU rtghh ,,{ lwmnuad, and ali m:utial righh. tithtr In l,l\\, ;,)f in equltv, ~n{l tdllllht'f cnntingcOl interc:sts or the
<br />\1-(~npgof in 3M to the Jbtwt'~~!iniht'ti rrtml:\t'. the- intriltit'll tl('ln~ W (till\ C'o' he-rf'"lw ;'Hl ;It'1\olute wlc:. in fet "'lmpft, indud.
<br />U\~ ~H nt:-hl1 ~lf h~mc\.tc.Jd. JM .Hht'f nt.hh ~nd Infeft'll\ a.. Jfu(~\.IHJ
<br />
<br />PRO\' iDEO At \V_o", YS~ JM tncit pre!cnb ;:re e:u'CutcJ and dthvntd uj\nn the i.-.Jh"..I,'mr i;nnouioo.... to .....H:
<br />
<br />1'h-e- Hottq.qor aqr~e$ to- p..y to the Kortq-aqee~ or on!.t"~.l.". thu l,rincip1'11 :ium of Fifty one
<br />thousand eight hundred and 110/100---------- tlOllar. ($ 51.800.00 I, wIth
<br />1n-t.r..t. troa dat.fi at the rata of ten ,:and 30/100-----p.:.[" centUM f 10.3-0 '} ~r anhUM:
<br />on th6 unpaid bat.nett until 10/1/8:6 . and t.h_f:"rt'-.,ftet' ..t the rate of Ten and 75/100----
<br />'~r' centull (10/75 ,) per annum Qn the unpnid bala.ncu until paid. The said princdpcl and
<br />intete-e-t .hall be p.a)-'.ble At the offlc-e of Commercial National Bank & Trust Company in
<br />G~aJ'id Island, Nebraska , o:r lilt $\Jch other p-laee a8 the holder ot the note m..y
<br />d".19n.te 1n "'1Hn9. In ....'nthly Insull_IlU of Four hundred sixty six and 11/100----
<br />-------- OoUns ($ 466.11 I. cO_lldnq on the flut day of December ,
<br />a 83, and on the Hnt day of uch lOOllth thereafter ulltil Nevember ,1986" and Four hundred
<br />ei'Jltty two and 83/100------- DoUan 1$ 462.83 I c~ndn9 Oil the fiut dey of
<br />November. 1986 ... and on the first day of eAch month thereafter until the principel
<br />an<l lntereU ue fully p.id. except th.t the rinal payment of princlpal ond interen, if
<br />not sooner pa1d. .hall be due and payable on the flrst day of November, 2013
<br />..11 &,=-C'ol'dirv:I !to the: t.eclft. of a certain promissory note of even dAte. h~rewith executed by
<br />the .eld MC-rtq-8qor.
<br />
<br />l"h-e MonPJ;Uf in urder mm-t ftln~' l'-) r-f't)te::t the se-cunlj.' ol th,~ Mortgatt~, J:~rt(\
<br />
<br />L lb.31 tit \to-iU PlY the indebteuncu. as herein.bdore ~ro",iJ(:d. Prh-llcgt j", rner'it."J to pay the de-hi in whol-e, or in 3n
<br />amou-nt ('qual to-o-nf or more- mcm.bfy p.aYlMnts on the [lriflfip-..l thJl arc OC,\t due on rile no-le. 't,m the fiat day of any monrh
<br />t'f"w tv mjJtullf)'~ Pn"n'fJtJ, hOUrn'cr, l1tat wriUen DotK-t (~f ~Hl Ullc-ottOn 10 (,"Cf..'.,e ~u,h pfl\'ih:lte- j, llivcn at lea\1 thiny tJO)
<br />day' r-r.or 10 prepaYMent
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<br />t That. l<>ed~f "Jlh. ;,nd i~ addition to. the m~nlhly p.l\,menls of pnncipal and IOlel",t p.)""hle under lhe lerms of the
<br />"''te!oe<:u'dlluel'l',lhe Mt>lt~'" ,,'Ill pay h.l lite MOlt_c. ""l~ fiN dity "f each monlh until thc ,,,i~ nule i, full)" rald.lhe
<br />1,,1k>"'t1Ii 'UIIl"
<br />
<br />t
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<br />(.1) .Att~~unt wffu;:ttnt lu pCH'V1M the holdtr h-cfcof with fundi w p;ty the next ruotlgage insurau-cc ptl~UHU-ft1 .t thrs
<br />ItU-fHnlwnf -~rnl d~ Hole scl,~ur('d ktl:rby ;l1C' inwu,-'u. ~~f ;t nwnthty l,.-h.ugc (m lIeu 01 i1 1Uofl':I1Kt' YHtUa_tt('{' pu<
<br /><tliu",) if 'lIt)' .tc ,,(Ill by Ibe Se<"~'Y "r ll..uwt~ "i,d U,h.>> llndo!,n..,n',;IS lullow..
<br />
<br />It) If JIl,;!\<..I"". .. llIrd nol.. of ..... d.l. and ,h.. IIls',u'Il<nt are lIlSU'N 01 arc Itlltsuled un<Je1 the pro.
<br />"'''ler" oj ,n., Nal!oo.1lIIoo>i~, Me .n amoum, lutncl<nl In ,,<umulal< tll the hands of lhe holde, 0I1C
<br />
<br />. H-A-t'H '),..x. h-Utit t;h. ,.4-*1.:. ~.t:K(}
<br />f J~,- ~;.i1._ ,h::,. (~. !t'Ut ~'1.,.t ~l-.U
<br />!,'Hw- !'hl\- -~,U~d
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<br />H...':';l:~~'''''t f "".4" t~,.;t-Y:.. ~j}l/v 'J.ly- ~'i!J1M Ut'\'n~ !j;.>-~ d_ €-~kw~-~"';l
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<br />STArE or N~BRA$K.
<br />Ie.ue: ~u! .1l~ It)- 1<}1
<br />,-'J4 n,h ~"'O\J, 15Q1
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