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<br />~, . e
<br />second clortgac~e
<br />. ~` _ i~Y~~~~~i: b~i a: for i
<br />. t~ th AddQn fmr Repayaoent of Section Z35 Assistance Section 235 Cases ~~
<br />81---- ~.r t., ~ ~ d
<br />tliI'S MORTGAGE, made and executed this 29t1r day of December A.D,
<br />1881 , by;and between Revin H. Placzek, a single pezson '
<br />of the County of ~ and State of Febraska, party of the first part
<br />herein;sfter called the Mortgagor and the Secretary of the Department of Noosing and
<br />Urban flevelopment
<br />party ~xf the second part, hereinafter called the Mortgagee.
<br />l1lTNE5SETNa That. the said Mortgagor, is iustly indebted to the hiortgage2 in the
<br />Rrineipol Sum o'fHinety seven thousand six hundred fifty and No,/i00tfj@}tars. ~$ 4'7,650.00
<br />which principal sum will oat exceed an amount computed under the terms of the Note
<br />executed by said Mortgagor on December 29, 1983 , with interest, in
<br />accordance with said Note. That as security for sa~rd flocs the Mortgagor does by these
<br />presents. Grant, Gargain, Sell, Convey and Confirm unto the Mortgagee, its successors and
<br />assigns tt;e following described real estate situated in the County of Hall
<br />State of Nebraska,. to wit •
<br />TO RAVE AND TO !TOLD 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 "Sortgagee, that the Mortgagor has good right t0 sell and convey said
<br />~--- es t=,~t t+FK~ are !~cr ,:~ r-tun:brarice, ex!`ep$ for an :qn first r~xrrtgage; and that
<br />t'he ~rktrtgagor will warrant and defend the same against the lawful claims of all persons
<br />whomsoever; and the said Mortgagor hereby relinquishes all rights of homestead, and all
<br />marital rights, either in law or in equity, and ail other eontingent interests of the
<br />Mortgagor in and to the above-described premises, the intention being to convey hereby an
<br />absolute title, in fee simple, including all rights of homestead, and other rights and
<br />ilite.reSLS.aS. aforesaid.,.
<br />FRQVII9Efl AL4lAYS, and these presents are executed and uelivered upon the following
<br />conditions, to wit: Lent f'e~ur (4l, Potash 6ubdivision, Hall County, Nebraska
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Ninety
<br />seven tta~~usanxi six. hundred fifty and cka,rYaoths------- Dal lets ( ~ 97, 6so. oo ) ,
<br />with znterest as provided in the Note dated Dece~rer 29, 19t~lnd executed by tortgagor
<br />The_Mortaagor in order Rare fully to protect the security of this ,~§ortgage, agrees:
<br />• 1, That he +~ll pay the indebtedness, as hereinbefore provided. Privilege is
<br />reserved to pay the debt in whole, or in an amount equal to one or more monthly payments
<br />on the principal that dre next due on the note, on the first day of any month prior to
<br />maturity: Provided, however, That written notice of an intention to exercise such privilege
<br />is given dt least thirty ~3QJ days prior to pregayinent. _
<br />~. That the Mortgagor will pay grosand rents, taxes, assessments, water rates, and
<br />other governmental or municipal charges, fines, or impositions, for which provision has
<br />not been made he~inbefore, and in default thereof the Mortgagee may pay the saw; and that
<br />the Mortgagor will prousptly deliver the official receipts titerefor,to the t~rtgagee.
<br />3. The "brtgagor will ,say all taxes which may be levied upon the Mortgagee's
<br />interp5t in said real estate and. i,~spro~;rements, aead which may be levied upon this nxartgage
<br />or rte debt secured hereby abut only to the extent that such is na# prohibited by law and
<br />only to the extent that such wsll not make this loan usurious), but excluding. any inca~re
<br />tax, State or Federal, imposed an t~rtgagee, and will file the official receipt showing
<br />such payment wit!t the tortgagee, Upon violation of this undertaking, or if the Mortgagor
<br />-is prohibited by any law nova or hereafiter existing from paying the whole or any portion of
<br />the aforesaid taxes, or upon the rendering of env court decree prohibiting the payment try
<br />the e~jrtna9or or any such taxes, ar if such law or decree provides that any amount so paid by
<br />the fAor*.gagnr shall be credited on the r~ortga}e debt, the t~rrtgagee shall have the right to
<br />give ninety days' Sri:test notice to the owner of the mortgaged premises, requiring the
<br />Pa~'me'a: of the ^~cartgage debt. Ff such: notice be given, the said debt shall become due,
<br />payable and cirilecti#le at the expiration of said ninety days,.
<br />c..
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