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<br />I
<br />84.-......;004527
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<br />MORTGAGE
<br />
<br />This form is used in connection
<br />with mortgages insured under the
<br />one- to four.family provisions of
<br />the- National HOusing Act.
<br />
<br />r
<br />
<br />THIS MORTGAGE, made and executed this 29th day of August
<br />19 84. by and between Danny R. Ryan and Peggy J. Ryan, Husband and Wife
<br />
<br />of the County of Hall . and State of Nebraska, party of the first part. hereinafter called
<br />the Mortgagor. aild Superior M::>rtgage, Inc.
<br />
<br />,A,D.
<br />
<br />a corpomtion organized and existing under the laws of the State of Nebraska
<br />party of the second part, hereillafter called the Mortgagee,
<br />
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Thirty-Six Thousand,
<br />Seven Hundred Fifty and No/IOOths -- Dollars($ 36,750.00 ), paid by the Mort-
<br />gagee. the receipt of which is hereby acknowledged. has Granled and Sold and by these presents does Grant, Bar-
<br />gain. Sell. Convey and Confirm unto the Mortgagee. its successors and assigns, forever, the following-described
<br />real estate, situated in the Countv of Hall . and Slate
<br />of Nebraska. to wit: ~
<br />
<br />Lot 'lhree (3), Block 'l.'v.D (2), in Claussen Country VieN l\ddition,
<br />an l\ddition to the City of Grand Island, Hall County, Nebraska.
<br />
<br />of the Sixth Principal Meridian. containing in all
<br />ment survey:
<br />
<br />acres according to Govem-
<br />
<br />TO HA VE AND TO HOLD the premise> ab",'c described, with all the appurtenances thereunto beJongiIlg and.mcluding
<br />all heating, plumbingaad lighting fixtures and equipment now or hereafter attached to or used in connection withsaidr~al'estate
<br />unto the Mortgagee. and to its successors and assigns~ forever. The Mortgagor represents_to. and co.venants'witb, ,.th_~_.MottU"
<br />gee. that the Mortgagor has good right to sell and convey said premises; thaI they are free from encumbrance; and thatthe
<br />Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever; and Ihe said Mortgagor here,
<br />by relinquishes all rights o( homeslead, and all martial rights, either in Jawor in equity, and all other contingent interests of the
<br />Mortgagor in and to the ab<>ve-doscribed premises, the intention being to convey hereby an absolute title, infee simple, mclud-
<br />ing aU rights of hOlnest~ad. and other rights and interests as aforesaid.
<br />
<br />PROVIDED Al WAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />
<br />The Mortgagor agrees to pay to the Mortgagee, or order. th~ principal sum of Thirty-Six 'thousand,
<br />Seven Hundred Fifty and No/IOOths - Dollars($ 36,750.00
<br />
<br />),
<br />
<br />with interest trom dale at the late ot 'Ibirteen and Ck1e Half per centum ( 13..5 %) per anllum on
<br />the unpaid balance until paid, The said principal and interest shall be payable at the office of
<br />Superior M:Jrtgage, Inc.
<br />in Grand Island, NE 68801 , or at such other place as the holder or
<br />the note may designate in writing. in monthly installments of Four Hundred Seventy-seven and 13jlOOths
<br />Dollars ($ 477.13 ), commencing on the first day of
<br />October ,19 84. and on the firsl day o( each month thereaher until the principal and in.
<br />teresr are (ully paid. exc~t that the final payment of principal and interesl, if not sooner paid. shall be due and
<br />payable on the first day of ::>epteni:Jer, 1999 , : all according 10 the lerms of a certain promis,
<br />SOT} note or even date herewith executed by the said Mortgi.lgor.
<br />
<br />The Mortgagor in order more fully to prolect the security of this. Mortgage. agr~es:
<br />
<br />L That he \\-ilI pay the indebtedness. a~ hereinbefore provided. Privilege is reserved to pay the debt in wholel or in ~ln
<br />amount equal to one or more monthly paymenl.s on the principal that are ",~xt due on the note. un the first day of any monlh
<br />priQr to maturity: Pro\iidcJ. however. That wriuen notice of an intention to ~xaci'!'c :;.uch privilege is given at least thirty (3())
<br />days prior to prepayment.
<br />
<br />L
<br />
<br />2 That, together "ilh, and in addition to, the monthly payment.s of principal and inlerest payable under the lerms of the
<br />note secured hereby. lbe Mortsagor will pay to the Morlgagee, (In the first day (If each month unlillhe saia note is fnlly paid, the
<br />follow-lng s-um!<.:
<br />
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<br />i Ll I fu r tt -' ! r
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<br />R1JPl~S f'H4-2\43M, W1t,,(.h M.r & i.Jtli!d Until SH{.",>pl,.. .~ [JF;);J~u",~~ti
<br />
<br />STATE Of NEBRASKA
<br />HUQ-91-143M {9,191
<br />Q-4 c~n :<.'OQ. H'101
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