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This form is uned in cvnnec-
<br />tinn with ntortt;at;ea insured
<br />MORTGAGE under the one- to four-family
<br />pravisinns of the National
<br />82 ~ {, ~~ r~ (J• ~~ }iousint; Act.
<br />THIS MORTGAGE. made and executed this 18th day of Nov~ttber ,A. D.
<br />i9 82 ,by andtretween Glenn R. Wilson and Constance S. Wilson, Husband and Wife
<br />Jr.
<br />of the County of Hall .and State of Nebraska. party of the first part, hereinafter called
<br />the Mortgagor, and Superior Mortgage, Inc. •
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part, hereinafter caned the btur[gagee,
<br />WITNF.SSETH: That the said Mortgagor. for and inconsideration of the sum of Forty One Thousand -Three
<br />Hundred and No/100ths---------------- Dollars tS 41, 300.00 ), paid by [he Mort-
<br />gagee, the receipt of which is hereby acknowledged. has Granted and Sold and by these presents does -Grant: Baz-
<br />gain. Selh Convey and Confirm unto the Mortgagee. its successors and assigns, forever, [he following-desmbed
<br />real estate, situated in the County of Hall ,and Slate
<br />of Nebraska. to wit:
<br />Suite No. Twenty-Three (23). "C" Windsor Square Condominium Property
<br />Regime in Unit Three (3), Lot Two {2), Block Eight (8), Replat, Continental
<br />Gardens, an Addition to the City of Grand Island, Hall County, Nebraska
<br />vrf the Sixth Principal §4eruiian. containing in all
<br />Wren( survey:
<br />acres according [o Guvern-
<br />TO HAVF. AND TD Hf)l.D the prentisrs above described. with ail the nppurteoances [hrreunW belonging and including
<br />all heating, plumbing and lighting fixture. and equipment m±w ur herr:Ster atct::hed tour used in connection with said real estate
<br />unto the 't{nngagee, :md to its sucieaors and aligns, fnrecer- 'lhe Mcxtgagur represents t~~, and covenants with, the Mortga-
<br />gee, that the hortgagor has good right to sell and convey sail premises: that they are tree arum encumbrance; and that the
<br />Mortgagor will warrant and defend the same against the lawful-claim. of aL' persons whomsoever, and the said ;Mortgagor here-
<br />by relinquishes ail rights of homestead, and :dl martial right,, either in law ur in equity, and a!! other contingent interests of the
<br />Mortgagor in and to the above-described premises. the intention t>zing to convey hereby an ab+olute title, in fee simple, includ-
<br />ingall rights of homestead, and other rights and interests as a4tresaid.
<br />PROVIDED .4LWAl'S, and these presents are cxc'GU[ed and delivered upon the following conditions, to wiC
<br />The bortgagor agrees to pay w the Mortgagee, or order, the principal sum of Forty One Thousand Three
<br />Htmdred and No/100ths---_~____~_ Dollars (S 91,300.00
<br />with interest from date at the rate of` `T'welve and One-half per centum ( 12.50 ~) per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office u[ Superior Mortgage, .Inc.
<br />m Grand Island, Nebraska or at such other place as the holder of
<br />the note may designate in writing, m monthly installments id Four Hundred Forty and 78i lOGths--------
<br />lhrllars r5 440.78 ), commencing on the first day of
<br />Jdnuary . 14 83 and on the fist ~iay of each month thereafter until the principal and in-
<br />terest are lolly peed, except that the final payment u( principal and interest. if nul sooner paid, shall be due and
<br />payable on the first day of December, 2012 ;alt according to the terms of a certain pr~mis-
<br />sorv note of even date herewith executed by the said Mixtgugor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />I. That he will pay Che indebtedness. as hereinbefore provided. Privilege is resrrved to pay the debt in whole, or in an
<br />amount equal to one or mere monthly payments on the principal that are next due un the note, nn the first day of any month
<br />prier to maturity_ Provided, however. 1'ktat written notice-of an intention to exeriise such privilege is given st least thirty fT0)
<br />days prior to prepayment. - -
<br />'_'- "Chat, together witfi, and in addition ro, the monthly payments of principal anJ interest payable tender the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee, un the first dap of each month until the said nett is folly paid, the
<br />following sums:
<br />{a) A;nvunY sufGden[ to prvv+dz fhe holder hrnof with funds u, yay the next nutrtgagc rm=,r,..;rr premium it thrs
<br />cnsuurnent :ntd rite note srtured hereby ate insured, or a monthly cl,atge . ut lieu r~1 :r . :ge insuronc•e f"r<`-
<br />- mfurnJ if they :t re held by the Secrrlary of Housing and ihban L~velopnxnt, as foilowc,
<br />{[) if and sa long as said uytr of evert date and thts inatrmrwnY err InsurcJ or tuc reinsured under the pm-
<br />utsians af` the ;vsiional Eloustng Act, an amount suflicirrtt to ac•curnulete to the sands of rite hohlrr one
<br />Hwy>isset lit tu2141M whrth maw t» c.v~o ~nr~t car+p,p s ex"a~usr9 e'i'AT~ t)c• \h:BRAS liA
<br />- -.. ,. ttt.o-tt".td3M ir3~79'-
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