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<br />.. _~ 82.._tl C~ 3 773; ~'~ F-~,~_ - ~- ,
<br />• . ,.
<br />• " SecortdP4ortgage
<br />' ° (l~~R ti,{~i:v[T ~ j for
<br />With Addendum, .far kepayment of Section 235 Assistance ~ Section 235 Cases j
<br />~: ~ _-,
<br />THiS P~RTGr1GE, made and executed' this 3lstday ~of August q,p,
<br />i9 62 by dnd bef+,eeq Jan A, Rath and Judy: J, Rath, lw sfiand and wife
<br />cf the County cf r3aT1 ,.and State of Pebraska, party of the first pert
<br />hereinafter called the Ftor,gagor and the Secretary of the :Department of Hbusing,and`
<br />Urban, Development
<br />party of the second part, hereinafter ca37ed`the Mortgagee.
<br />tlITNESSETH: Thal the said Mortgagor, is justly indebted to the Mortgagee in the
<br />principal Sum of One hundred"twenty two thousand forty and No/100th~llarS ;5122,040.00 )
<br />which principal sum wi71 not exceed-an amount computed under the terms of` he PEote
<br />executed by said Mortgagor on August 31,'1982
<br />, with interest, in
<br />accordance with said Note. That as securityfor said Plnte,the tortgagor does by, these
<br />presents_6rant, (3argaira Se11, Convey and Confirm unto the Mortgagee, its'successors and
<br />assigns the foilor~ing described real estate situated in the County of Ha1T
<br />State Of Nebraska, t0 wit Lot ForCp (40} in Castle Estates: Subdivision, Ha11 County,
<br />Nebraska
<br />TO HAVE APtD TO HOLD the premises above described, with all the appurtenances
<br />thereunto belonging and=including all heating; plumbing and-lighting fixtures and equip-
<br />ment now or hereafter attached to or used in connection with said real estate unto"the
<br />Mortgagee, and to its 'successors and assigns, forever. The Mortgagor represents'to, and
<br />covenants with, the Mortgagee, `that the Mortgagor'has good right i:o sell'~nd convey said
<br />premises; that they are<feee from encumbrance, except for an FHA first :nortgage;'and that
<br />the Mortgagor gill warrant ann defend` he same against the .lawful claims of all persons
<br />whomsoever; and he said Mortgagor hereby relinquishes all rights;of homestead, and all
<br />marital eights, either in law-or in'equity,'and all other contingent interests of the
<br />l~ortgagor,in and'to the above-described premises, the intention being to convey hE~'eby an
<br />absolute title, in fee simple, including all rights of homestead, anal other rights and
<br />interests as aforesaid,
<br />PROVFDEJ AL1tAYS, and these presersts are executed and deljvered upon the following
<br />conditions., to wit:
<br />The lAOrtgagor agrees Lo pay to the Mortgagee, or• order, the principal sum of pr,e hundred
<br />trarenty trro thousand forty and "1ollODths--- ~_Dollars ($ 172, 04 G. DO ),
<br />with jnterest as.provided in the tiote dated s..g„Qr at,-taa~ and executed by tlortgaaor
<br />The Mortgagor i;i ardor rare fully to protect the security of this P1or`tgage, agrees:
<br />1. That hP will pay the indebtedness, as hereinbefore provided. Privilege is
<br />reserved to pay the debt in whole, or in-an amount equal to one dr more monthly payments
<br />on the principal that are next due on the note, on the first day of any month prior to
<br />maturity: Provided, however, That written no±ice of an intention to exercise such privilege
<br />is given at least thirty (30) days prior to prepayment. .
<br />2. That the Mortgagor will pay mound rents, taxes, assessments., water rates, and
<br />other governmental or municipal charges, fines, or impositions, for which provision has
<br />not been Wade hereinb~fore, an6 in default thereof the Mortgagee may pay'iFre same; and that
<br />the Fbrtgagor will promptly deliver the official receipts therefar_to the'tlortgayee.
<br />3, The tortgagor will pay a1T taxes which may be levied upon the Martgagee''s
<br />interest in said real estate and imprcvements, ar,d which may be levied upon. this nrortgagc
<br />or the debt Secured hereby (but only to the extent .that such is not prohibited by-law and
<br />only to the extent Lhat such will not ,r>r.ke this loan usurious}, but exeluding any income
<br />tax, State or Federal, imposed on Mortgagee, and will fire the otFjcial receipt showing..
<br />such payment vrith the ?~iortaagee. Upon violation of this undertaking, ar if the Mortgagor
<br />is prohibited by any law now or hereafter exisiiny from paying the-whole cr any portion'of
<br />the aforesaid taxes, or open the rendering of any court decree prohib~tin~i the payment by
<br />the Ptortgagar or any such taxes, ar if such lax or decree provides that any amount so paid t~~
<br />the tb rtgagor shall be r, re dited on the nartga,e debt, the MOr•tgag8e shell have the rinh:ti to
<br />give ninety days' written notice to the owner of the mortgaged premises, requiring the
<br />payment of the ,nortgage debt. If such notice be given, the said debt shall becorie due,
<br />payable and enllectible at the expiration of said ninety days.
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