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M+(~R'TG~C~F <br />-~ <br />~ ~ r~,rm u~.r~c !r r-nrrr- <br />t G«r svatr~ i:w •tl, at{~nN ir'e~~rad <br />~ under tiro :r:e r~~ four-farniiy <br />provlai<;r:s of the :Viational <br />Hnuairgg Ari. <br />79-t'ilG [~:3 <br />THIS MOR ~ GAGE, made and execueed this 9th day d Fehrt..,iy ,A.D. <br />14 ?9 . by cad tretweea ~a9~ M. Mercer arsi Patricia R Mercer, Htr~txirld cad Wife <br />d tis Cowtty of H811 . cad State d Nebrasks• parr d the (hst part, irereirrtser aRcd <br />~%~~+.~ Mc+rts~agie Plus Incorporated <br />s corporation orjaaizcd xrd ex unstier the laws d it1L Lttitt3d States of America <br />party d tke second part, hereitwfter called the ),lortgagse. <br />W177iESSETH: TLat the said Mortgagor, fa and m cansiderstion d the sum d 'i'hi.i ty `IWU Ttxxnsttnd <br />Eic~t. Hundred and 00/100----- Do6ars (S 32, 800.00 ). paid by the Mort- <br />ryea, tee rrsoaipt d which a hereby ackaowk6~ed, has Graoted and Sold cad by the°s areaetKa does (ltaet, 9tr• <br />/tic. Sad. Convey cad Confirm onto the ttiort!{aapee, its strooeaeors cad aasijas, forever. the f~ <br />real ante, tliteMed a ehe CoantY d drill , r~ Stste <br />d Ne6nska. b wit. <br />Lot Four t 4) , Alot9c C?se (1) , in Lattibert' s Seound <br />Addition to the City of Grand Island, Hall Cbtayty, Hehratika <br />d We Sixth Pnncrpsl 1Mwidita_ coatsirrag is all <br />wart ralrvav: <br />acres accacding b Crovera- <br />ffl iiA1`t ANtr Ttr Flirt() the premises above dcs:ribed, with uI thl appartenance- thereuaw bcxrepog arm ta:hmi>~ <br />all . p and tbstrsis and m a01t' Or httttmtssr attached b or Ysed el tbaeelti0a wit! TiN (cal es4ie <br />veto tea IWtrt~alles. ated to it! SYeoeasrxa atrt! trasi~a- tottva. 'fbt h4ortpeor represents to, cad r~veasau with, 9we <br />ors, tlsat dr ~ hss tt~d riRirt w sell asd r~nvly said premises; rim they aro free trem sramle: sad ThrM the <br />«*k arsfrt an-! ~ft~ the sanr€ ag~tst ~ lswf,~t elairl?s At ~ pers=?ns srt«+mst*€Ytr~ s~ t~ ~!~ lire <br />by tsRal~ar.hss aA riR1NS d hoasesiead, arrd ts0 alartiai ruts, eider to bw or m eQuity. cad sG other cosYOageM ittMUests d tae <br />cad w the rtiBuvsdescrilsed premises, the iaoe beiy to coavlp iteseby an aesoimm ride, w lee aimpde. ineitsd- <br />~ sR d haa,esuai. ~ ~thtr :a0 ietatsats as aforesaid. <br />lMOV[DEp A[.W AYS. cad tMse preasnts are exacnted std deM1vered upon the toNowtag.olyditioas, to wir <br />The I.iortjyor agrees to pay to the Atortgatee. or order. the princgal sum ot'jhi rtY""~"'~' TYt:xrsarrd <br />{eht arrd ~ _,_lx~l{ars1S 32,H00.00 I,v.ahmterestfrom <br />dlRl~leli~l1fE aftd' CX1E Hal f--- ^- per centum i ~ • ~ 961 per cootie! oa <br />thr napaid halatrca gaffs pid 7'he said princspal sttd rnteresr sM-1 be payabic at the rsAicc of stlz'tyrit~ Plus IrK7Dr~Y]Tatr3d <br />~ E,nglewnod, OQl.ortsclD ur pe such w r_~~ r~ the hnldm of <br />the /rote may designate in wntwg, nr montNa untaidmeats.ttTWc Htaretrcyd ~ytrent}' Five art>~E35,' 10t) <br />Ikrl{arx ii 1~5. B5 !. commending V+I the first uaY of <br />le 79 and on the hot daY ~d eacA month thertafler until thr prtrtaprl and tn- <br />Serevt are fr~liy paai,~~t flu! !!M fires; ;w. meat ~;t r~rincipal alp; inltre.t, d nw s~xrner yard, sisal{ he Jug cad <br />payatsFe vr+ ±!+t first day of P~ttrC#t ?009 al! accurdleq to the trans tit a crrtata prrmin- <br />3ttty fltrre trf ergo dill hulwsth t:xmutld try the Sold Mortyasor. <br />'tUe liar( yor ht oatMr ttttara faNy b ptroteet tbs atrtaeky d this Nort~ye, ynss <br />l prat he wdl l+ay the tndeltedeess, ss hrtesetwfott prcvtded l~vilege is reserved t: psy the drRx ee sett^!e, or ttt aft <br />-., antiwar ogeal b ems ar wee twrreshly ptyttaaaa on the ptinripa! thu are next col pa the nee. ae tqe tint day Of any taongl <br />prirx w tatuwMy: ftavfdrd. howvtrer,l'hat written notice d an ialeatloa eo exercise such privtiege i given at kaa! (Arty 1l0) <br />days prirtr to prepayaaeat. <br />. 2. T-at, tn~etthp srig4 aed ~ aididesr b, the taetsthry paywata d pri told interest payahk under the letnts of the <br />note secured hsrN+y, the ~torksagor wl~ gay M rtlt tt4rxt, oft the trrxt rfay - t•~A nto?±llf u;ttr'1 the .ail! n••tr i± f!±lfy ~~Id. tl*t <br />toibsvtag srmas' <br />(3,' .L:.es:n! fi:tt~.re^.t tc pc^Y:•k tht k.rld!^r !Mrl~+f wll~ rtslttl\ fr' ;+1rv tla• nwxt mt+rV~t inenrrlr+cr ,,,,:gym it thts <br />tnstroment arrd the note ter-ured hereby are atwesd, or a monthly charge !in (irn e/ a nr,rrr~trntha,raru~e ~ <br />mtpm/ tf they are heW l+Y the Srxrelary ofl;ioushrgnad tlrbar: ikreitrptttent, as fdlwss <br />11) It and sd Mwg m said rsote rrt riven date and ffir irarrnrrruat art insured ,x are re~~ate red .finder the nr:~ <br />visiurts tit the Nrtrunri Rousing Act, an amount sutflaent to ac eurnulatc rn ttte t. ,n.;~ rrt the 1!.hJ~: r,nr <br />Pravrcwr ttlmune ors ~~bao!eta <br />~1'\iEt1F YFaiH,\~h 1 <br />