|
<br />I"
<br />
<br />T
<br />
<br />84 --002752
<br />
<br />MORTGAGE
<br />
<br />This form is used in connection
<br />with mortgages insured under the
<br />one- to four~famjJv provisions of
<br />the National Housing Act.
<br />
<br />r
<br />
<br />09084543
<br />
<br />THIS MORTGAGE, made and executed this 23rd
<br />1984 ,by and between James J. Goettsche and
<br />
<br />of Ihe County of Ha 11
<br />the Mortgagor, and
<br />TOWER FINANCIAL, INC.
<br />
<br />day of May ,A.D.
<br />Sharon S. Goettsche, husband and wife
<br />
<br />, and State of Nebraska, party of the first part, hereinafter called
<br />
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
<br />
<br />WITNESSETH: That the said Mortgagor. for and in consideration of the sum ofFI FTY NINE THOUSAND
<br />SEVEN HUNDRED and 00/100 Dollars ($ 59,700.00 ),paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does, Grant, llar-
<br />gain, Sell, Convey and Confirm unto the Mortgagee, Its successors and assigns, forever, the fo!lowltlg,descrtbed
<br />real estate, situated in the County ofHa I I , and State
<br />of Nebraska, to ,,,it: 211 N. Grace, Grand Island, Nebraska 68801
<br />
<br />Lot Eight (8), in Block Twenty-nine (29), in Packer and
<br />Barr's Second Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />
<br />~~I
<br />~:
<br />
<br />
<br />TO HAVE AND TO HOLD the premises abe," described, with a!llhe appurtenances thereunto belonging'3!ldinCIu~c'
<br />all heating, plumbing and lighting fixtures and equipment nowo! her,e~(ter attached.loor u""d.in conll!:C \Il.lC'
<br />unto the M.ortgagee, and to its successors and assigns. fofeve"r. The Mortgagor represents-lo.-and .
<br />gee, lhat the Mortgagor has good right to sell and convey said premises; that they are free .fro . . '.'
<br />Mortgagor will warrant and defend the same againsl the lawful claims of all persons wh9msoever;.andJ~said:.MQr~'hliil1-:"
<br />by relinquishes all rights of homestead. and all marlial rights, either in law or in equity. andalloth~rcOn~!lti,nt~~s(,s,or~.:
<br />Mortgagor in and to the above-described premises, the intention being to convey hereby an absolu!e(itle, infeesi~pl~', \,!~Mh'
<br />ing all rights of homestead. and otherrights and interests as aforesaid. " . ""
<br />
<br />PROVIDED AL WAYS, and these presents are executed and delivered upon the(oUowingcondilions"to,,,!it:,.
<br />
<br />The Mortga,gor agI:ees to PllY to the Mortgagee, or order, the principal sum of FI FTY NIN!; THQU::i:~
<br />SEVEN HUNDRED and OOllUO Dollars ($59,709.00
<br />
<br />
<br />;.' >'::;';'::j
<br />
<br />'>]
<br />,','1!
<br />c::l
<br />j
<br />
<br />
<br />with interest I rom dale at the rate <iWELVE and 50/100 per centum ( 12.500 %)perannullJon
<br />the unpaid balance until paid, Ih<:. said principal and interest shall be payable at the office of
<br />Tower Finane a~. Inc.
<br />in Lincoln, Nebraska , or at such other ~I~~<:.ll.s theholder of
<br />the note may designate in writing, in monthly installments of SIX HUNDRED THIRTY SEVEN and 15/1UU
<br />Dollars (S 637. 15 ), commencing on the first day of
<br />July ,1414 ,'lOd on the first day of each month thereafter untUthe principal andin-
<br />terest are (ully paid, except that the final payment of principal and interest, ir not sooner paid, shall be due and
<br />payable on the firslday of June, 2014, ; all according to the terms of a certain promis-
<br />s.ory note of t;Ven.. da~e hen:with executed by the <said Mortgagor.
<br />
<br />The Mortgagor in order more fully to protect the security of this Mortgage. agrees:
<br />
<br />I. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />amount equal to one or more monthly payments on the prindpal that are next due on ihe nOle. on the first day of any month
<br />prior to maturity: Provided. howe..'er. That written notice of ;'10 intention [0 exercise such privilege is given at least thirty (30)
<br />days prior to prepayment.
<br />
<br />1. Thai, together with. and in addition to. the monthly payments of principal (lnd interest p~.yable under the terms of the
<br />not. secured hereby, the Mortgagor will pay to the M"rtgagee, on the first day of each month until the sam note is fLllly paid, the
<br />following sLlm~:
<br />
<br />
<br />XX.lWCXXX
<br />XXXJOO(J(X
<br />
<br />,.~. '~li~'1lWt~",
<br />~tMM')~ml~
<br />
<br />Rep!&C'59 F HA.1143M, Wtll(;h Mal' B~ tJ'Wd Untd $up!>!,.' I!\; ~ 1I.Ik1<.l.m-tJ
<br />
<br />5T A T€ OF NEBRASKA
<br />HtH).9214.3M {g. nu
<br />f'4{:f:;R 200:1501
<br />
|