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<br />~',_ 1 •Q~~~e~~L~~ i~l~H~?~scv~~ •4 ~ Second Mortgage
<br />for
<br />" i Section 235 Cases
<br />kith. Addendum,. .for Repayment of Sedtion 235 Assistance •" ! 1
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<br />THhS MORTGAGE, made and executed
<br />74 8z by and between Clifton o. cur:
<br />of the County of Ha11
<br />here5nafter called the Mortgagor and
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<br />this. 28th day of July , A. D.
<br />:ay and Betsy R. Murray, Husband and Wife
<br />and State of Plebraska, party'of the first part
<br />the Secretary of the Department of Housing and'
<br />-Urban Development
<br />party of the second part, hereinafter called the Mbrtgagee'.
<br />llITNESSETH: That the_said l~ior•tgagor, is justly•indebted to"the Mor ~dq the
<br />prlnCipal Sum of One hundred thirty eight thousand nine hundred six~1~~~5Nq~~~~~s~0.00 ~
<br />which principal sum will not exceed'ah-amount computed under the; terms of the Mote
<br />executed by said Mortgagor bn _,71:].y 28, 1982 wjth interest; in
<br />accordance aaith said Note. .'that as security for said tdote the t9ort,gagor does by these
<br />presents Grant, 3argan, Seii, Convey and Confirm unto tfie_Mortgagee,'its successors and
<br />assigns the fofilo~aing.described rear estate situated in the County of -Ha11-
<br />State oi•'rlebraska, ib wit •
<br />Lot Three (31, Castle Estates Sux]visian, tia11 County, ~Vet~raska
<br />` TO HAVE AND TO HOLD the premises above described, with ail the appurtenances
<br />thereunto beianging and inc-luding all heating, plumping and lightjng fixtures and equip
<br />ment now or hereafter attached to or usad in connection with said rear estate unto the
<br />Mortgagee, and to iLs successors and assigns, forevei^. The flor•tgagor represents to, and
<br />covenants with, the Mortgagee, that the Mortgagor has good right'to se1T_and convey saitl
<br />premises; that they are feee i'rom.encumbrance, except for an FHA first mbrtgage; and tlia
<br />the tortgagor will warrant and defend-the`same agaihst the lawful claims of all persons'
<br />r~homsoever; and he said Mortgagor hereby relinquishes all>rights of homestead;:-and all
<br />marital rights, either`in law: or in equity, and all other contingent interests of the
<br />fortgagor in and: to the-above-described premises, the intention being to onvey hereby an
<br />absolute titie,;in fee- imple, including a71 rights of homestead; and other rights and
<br />interests: as aforesaid,..
<br />PRQVIDEO ALNAYS, and these presents are executed and delivered upon. the following
<br />• conditions, to wit:
<br />The t4ortgagdr agrees to pay to the Mortgagee, ar order, the principal; sum of ~~
<br />hundred thirty eight thousand nine hundred sixty and No/1Qgths DOlldrS ($138,960:.00 ~,.
<br />with jnterest as provided in the Note dated July 2S, 19$2 and-executed by Mprtgagor
<br />The:MOrtgagar in order nrore ful3y to protect the security of this tlor gage, agrees:
<br />1. :That he will pay the indebtedness, as hereinbefore provided. Privilege is
<br />reserved to pay the debt in whole, or jn an amount equal to one or :more monthly payments
<br />on the princlpal?that are next due on the note, on the first day of any month prior to
<br />maturity: Provided, ho'~ever, That Written notice of-an intention to exercise such privilege
<br />is given at least thirty.. (30) days prior to prepayment.
<br />2. That .the Mortgagor wihl pay ground rents, taxes, assessmen s, water rates, and
<br />other gov~rnnental or municipal charges, finzs, or impositions, for which::provison has
<br />not been trade: hereinbefore, and`in default thereof the Mortgagee may pay tfie same; and that
<br />the Mortgagor will promptly deliver the official receipts therefor: to thelMortgagee.
<br />3. The Mortgagor wall pay all taxes which may be levied upon `the Mortgagee's
<br />interest in said real estate and improvements, and which may be levied upon this mortgage
<br />or the debt secured hereb; (but only to the extent that such is not<prohibjted by law and
<br />only to ±he eaten that such will not-make this loan usuriousj, but excluding any income
<br />tar., State or Federal, imposed on Aiortgagee,".and will. file the official receipt showing
<br />such payr„ent with. the P~ortgagee. Upon.violatjon of't:his undertaking, orrrf the-Mortgagor
<br />is prohibj ed by ..any law now or hereafter existing from paying the whole or any ~sortion.of
<br />the aforesaid taxes, arupon the rendering ¢f any court decree protribiting the-payment by
<br />the ?Mortgagor ar any such taxes, or if such-law or .decree provides that any amours so paid by
<br />the !+,ortgagor shall be creditec.on tha mortgage debt, the Mortgagee shall have the right to
<br />give ninety days' written notice to thE-. o~,rner of the mortgaged premises, requiring the
<br />! Gaynent of the mc;rtgage debt. If such°nonce-bs given, the said debt shall become due,
<br />~- payaole and cal?ectible at the expirat>on of said Ninety days.
<br />h.
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