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- I <br />This farrn is used in connec- <br />*~ •! L lion with mortgages ,insured <br />MoRTGHGE` under the: one- to-fourfamily <br />provisions of -the National <br />Housing Act. <br />r ~2~ ~"s{try i'7F~ <br />THIS'~tOR"CG AGE made and ezerured [his 27th dayof September ,A.D. <br />19 E2 . t,v and hetwecnGary W. Hockman and Martha E. Hocktitan, Husband and Wife <br />of the Caonty Gt H,311 ,and State of Nebraska, party of the first part, hereinafteccalled <br />the Mortgagor. and Stperior Mortgage„'Inc.. <br />a corporation organized and existing under `rhe taws of Nebraska <br />party of thesecond part:'hereinaftercahed the Mortgagee; <br />WITNESSETHi Tha[ the said Mortgagor, for and io-consideration of the sum of Thirty six thousand and <br />N4/l0~ti~s----------- Uollars (S 36, 000.00 ); patd by the Mort- <br />gagee, the cecerpt ~.~ w rch is hereby acknowledged, lies Granted and Sgld and by these presents does tyrant. Bar- <br />gain. SeI1. Canvey. and Confirm unto `the Mortgagee, irs' successors and .assigns, forever., the followtng-descnbtd <br />teal estate. situated intheCaunty-of -'~~ ,and State <br />of Nebraska! to wit: <br />Lot`.Nine (9), in-Block Two (2), in Evans ele3dition,',to the City <br />of Grand-Zsla_*td, Hall Coturiy, Nebraska <br />of the Sixth F?incip-al Meridian: eontaimngn all acres according to Govern- <br />inentsurveyi <br />TO HAVE ANU'f0 HOLU the premises above described, x•i[t: ~;! the appurtenances thereunto belonging and including <br />all heating, plumbing and lighting fixtures and equipmenfnow or hereafter attached tdar used in connection with'said realestale <br />unto the Mortg:rgea; and to its successors and assigns, forevee. The Mortgagor represents to, and cvvenants'with, the tvfar[ga- <br />-gee, that the Mortgagor has good'righ[ to sett and convey said premises; [hat they are free7rom encumbranceFand That the <br />Mortgagor vvi11 warrant and defend the same against [heiawtul claims of al!'penons whomsoever; and the. said'Mortgagorhere- <br />by rzlinquishes aU righisbf homestead, and ail martial Tights. eithei iaiaw orin equity; and all othefcontingen[intcrests of the <br />Mongaggr in and to the;above=described premises,: the intetrign being to convey hereby an absolute title. in fee simple, indud- <br />ingall rights of homestead, and other>ights and interosts as aforesaid. <br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, wwt: <br />The Mortgagor agrees to pay tci the Mortgagee, or order, the principal sum of Thirty six. thousand and <br />No/100ths---------------------- Dailan(S 36,000..00 1, <br />with interest from date ai the rate of Fourteen per centum i 19.0 %) per annum an <br />the unpaid balance untifpaid. The sand principal and interest shall be payable at the office of Superior Mortgage, 'Inc . <br />m Grand :Island, NE , nr at such other placeas the hglder of <br />the Hate may design:~te in wanng, in monthly installments of ?our hundred twenty six and 55/3 OOths--- <br />Dollars fS 426, 55~ ), commencing on the firstday of <br />November , 19 82; and ant :fiat day of each month thereafter until the pnncrpal and in- <br />terest are fully paid, .except that the final ppayment of printipid and interest, if not sooner. paid, shall be due and <br />payable omthe first dayof 'Jctobes, 2012 ;all according to tfie terms of a certain promis- <br />sory note o(e~andate herewith executed bylhe said Fiortgag~r. <br />The Mortgagor in order more fully to protect [he security of this Mortgage, agrees: <br />t That tie will pay the tttdebtedness, as hereinbefore provided. Privilege is reserved to pay the debt im-whole., or in an <br />,mount equal to oqe or mare rnonthiy payments on [he prinapaF, that are next due on the. note;.on he first day, of any-month <br />prior to maturity Prooided, however, That wrzuen notice of an intentron to exercise such privilege: is given at least thirty. {30) <br />.days prior to prcpe}~ment. <br />?- Thal, to~e[hcr with. and in'additioa#o. the monthly payments of principal and ipteresl payable under the terms of the <br />L note ,ecure;l here by, the Mortgagor ~t ill pay to the Mortgagee, on the first day of each month until the said note is fully paid; the: <br />fallowing sugts. <br />(a) Atsutiitt a:fticteni>ro nr~~t,de ti:e holder hereof wife funds ter pay the next mortgage insuratta, premium iC-this <br />insirurncni urd t :.c. noic °ocured fteteoyare-insured; tir a monthly charge. (ire lieu <?ja:morrgage,insirrance pre- <br />nriu n~.s ?hey are_iicld by l!ic Secretary of Housing and L.rha~~ Lnevclopment.,as follows: <br />{I)- 11 :~na ,•, tong a. sat.} note of evendate and thn ln$,tr[itricTnt are.. insured otarerairtsuacduadet thepn>- <br />vis;ostsof:[li_.NaAanal.,HnustngAet;:artamoun. .ufftcientaoaccumulatein,Bhe..handsofilret~;~ldaron&. <br />~N~a<e.rNA-2ra3rr,wt,.,cr„^~xvrx„svd... 4.aF'v,s.E~,~:ha~.cea STATEt?R.tiE±aIt.1SIv.1 <br />## Hilo-,~sassr ttl i~l <br />I <br />