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<br />"'y This farm is used in cannee-
<br />r~~rp~^+ tfan with nwrtKages' insured
<br />M~~ 11Y1.11T~ andPr the one- to four-family.
<br />provisions of the lYationsl
<br />Housnk; Avt:
<br />82-- i~C~05~'~`
<br />THiS 1~OR'1'GAGE. madeand'execatedthis 12th day of February :A.D:
<br />19 82 , by and between FdwF~Yd C, Brandt and 3ance E. Brandt,. xusband and Wife
<br />~f the County of Hall ,and State of Nebraska, party of the first part, hereinafter called.
<br />the Mortgagor, and Superior Mortgage, Tnc. ,
<br />acnrprnntionorganizedandexistingunderzhelawsof Nebraska
<br />party of the second part: hereinaftercalled"the Mortgagee,
<br />N: I'1'NESSETH: That the saidMorigagor, for and in consideration of the sum of TYtirty eight thousand' and -
<br />No/100tha---_____________~___~_~~__ Dollars (~ 38, 000.00 1. Haiti by the Mort-
<br />gagec- the receipt of tuhich is hereby acknowledged, has Granted arrd Sald and by. these presents .does Grant, &1r-
<br />gain. Setl, Canvey and'. Confirm unto tfie Mortgagee, its successors and assigns, forever, the following-described
<br />r~ilestate,situa[edintheCountyof Ball ~ ,and'State.
<br />of Nebraska, to u~ira
<br />Lot Fifty-Three (5.3), Potash Subdivision, FIall Cotmty, t3shraska
<br />of [he Sixth Prihcipal'Meridian, containing inall acres according to Govern-
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises above described, with ail the appurtenances thereunto belonging and including
<br />all heating; plumbing and lighting fixtures and equipment aaw ar hereafter attached to or used in connection +,vith said real estate
<br />unto the Mortgagee, add: to its successors and assigns, forever. The Mortgagor represents to, and covenants with, [he Mottga-
<br />gee, that the Morfgagoe has goad right to sell and convey said premises; that they are free from encumbrance; and hat the
<br />Mortgagor'will warrant and defend he same against the lawful claims of alt persons whomsoever; and the saitlMortgagor here-
<br />by re3inquishes all rights of homestead, and alimartial rights, either in aw or inequity, and all other contingent interests ofthe
<br />Mottgagor in,and tv theaboye-described premises; the intention tieing o cvnvey hereby an absolute title,... iafee simple, includ-
<br />iztgall rights;of homestead, and other rightsand fnlerests as aforesaid.
<br />PROVIDED ALWAYS. andthese presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay tothe Mortgagee, or order, the principahsumof Thirty eight. thousand
<br />and No/i00ths- ~~ Do;lars (5 38, OD0.00 >~
<br />with interestfrom date at the rate of Sixteen. and. Or}e-half per centum ( ],6:.50 %} perannum on
<br />the unpaid balance unrifipaid-The said principa[ and interest shall tee payable at the-office of Superior Mortgage. Inc:.....
<br />in brand. !eland i tFE or at such other pplace as the holder of
<br />the"note may desigtzate iti writing, in monthly: installments of Five hundred twenty six and 36/100ths---
<br />---- ~ _Dallazs LS 526..3.6 }, commencing vn the :first day of
<br />,pp°il , t982 ,and on the firstday of each month thereafter until the principal assd in-
<br />ter~et are fuAy patd; except that the final payment of principal and interest, if nvt sooner paid, shall be due and
<br />payahlc on the first dayof March, 2012 ; alt accordingto the terms of a certiairi,promis-
<br />soty note cf evendate herewithexecuted by the said Mortgagor.
<br />The blz;ngagor fn order more fulty to protect the security of this Mortgage; agrees:
<br />I. 'That lk will tray the indebtedness,-as hereinbefore provided. 1'riv}lege is reserved to pay the debt in-whole, or in an
<br />amount eyuai to one cr more monthly payments an ttte principal that are next due on the note, vn the first.. clay of any month
<br />prier ur ma4rnty: Yroii~ed. however, That wrftien notice of an.intention toexerctse such privilege is given at least thirty,f30}
<br />day 5. prior to prepayment.
<br />?. l-hat. together u-ith.:~nd in additinn ta, the monihfy payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mvngagnr will pay to the Martgagec, on the first day. of each month ent! the sort! uvteis fully paid, the
<br />f ullowipg ;um s:
<br />(a}. An;uunt sufficient tri ptuvlde the hoYder hereof earth f-ands ia;pay Etre, next mortgage insurance prcmiutn ff this
<br />:n~::nmcn::u~d the Hate secured hereby are insured, oe a monthly charge fen lieu of a m~rtpaq~ insurance pre-
<br />- rrtiufii/ if ¢key ~r~ held by ihe.Secretary at"Housingand Urban Devefoprneni, as follows:
<br />(3) tt ut+Q ,a tong as: said Hate of euen date: and the instrurnenr ate dnsured.ar are reinsured eider ttic pra-
<br />.~siuns of the.-iatianah tfousing Act,. an atnaunt, sulit;ient to accumulate in the hands of tl¢e ttofder zinc
<br />Hay;octet:iiA-2taatt.whtcnmavnu.!rreaunsacuvvtr;se,araurtad STA'TE.(ff~:'ti~;F3ftA;;Fi.t~
<br />WUG9'at A3M !9.741
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