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<br />31-02-OD6~~3--vv ~v
<br />l~'A~~ ~~,ir~l7~i
<br />Titi~ s form ie acrd in eonn~-
<br />tioa with mortgages insured
<br />under the one- to four-family
<br />provisions of the National
<br />Housing Act.
<br />THtS MORTrIAgE, made sad executed this 15th day of March ,A.D.
<br />i7 i9 ,by andbetwten Neal R. and Cindy L. Lyo;ts, husband and Wife
<br />of the County of Hall ,and State of Nebraska, party of the first part, hereinafter tailed
<br />the Mortgagor, and
<br />Mortgage Flus Incorporated
<br />acorporationorganizeti and existing under the taws of the r)nited States of Atllerica
<br />party of the second part, hereinafter called the Mortgagee,
<br />WtTNESSETH: That the said Mortgagor, for and inconsideration of the sum of Thirty-Five Thousand Six-htrndred
<br />fifty and 00/lODths --------- --- --- - --- --~ollazs ($ 35 65ht0.00 ), Paid by the Mort-
<br />,. gager, the receipt of which is hereby acknowledged, has Granted and Sold- and f t se presents does Grant, esar-
<br />gain, Selt, Canvey and Confirm unto the Mortgagee, its successors and assigns, forever, the fotiowirlg-described
<br />real estate, situated in the County of Hall > and State
<br />of Nebraska, to wit:
<br />Lot Fifteen (15}, in Black "A°, in Parkview Subdivision" located in the Nort}Ieast Quarter (NEtC}
<br />of Section ltventy Nine (29), and the Northwest Quarter (NWta) of Section Twenty-bight (28),
<br />in Township Eleven (11), North, Range Nine (9) West of the 6th P.M., in Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in afl City Property acres according to Gtlvtrn-
<br />mtnt survey:
<br />TO HATE AND TO HOLD the prealises above described, with all the appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting fixtures and equipment now oe hereafter attached to or used in connection with said teat estate
<br />unto the Mort~gte, and io its successors and assigns, forever. Tht Mortgagor represents to, and covenants with, the Mariga-
<br />get, that the Mortgagor has good right to seA arld convey said premises; that they. art free from encumbrance; and that the
<br />Mortgagor wit} warrant and defend the saint against the lawful claims of aR persons whomsoever; and the said Mortgagor 6ert-
<br />by rtlittquishes all rights of homesttad, and alt martial rights, either in law or inequity, and ail other contingent interests of @u
<br />Mortgagor tFl and Ca iht 86ovt-dtsenbed prtmlSCS, tht mtentlOn betng t0 Caflvey hereby an absolute [ftlt, in fee Simple, irtciud-
<br />ing all rights of homrstead, and other lights and interests as aforesaid.
<br />PROV 1DEf1 ALtk AYS, and these presents art executed and delivered upon the following conditions, to wit:
<br />The Mortgagor wets to pay to the Mortgagee, or order, the pritmipat sum of Thirty-Five thousand Six-hundred
<br />Fifty and C{y/1DOths --------------- f3aHars($ 35,550.00 ). withinierestfrom
<br />date al !ht raft of Nine and one half per centum ( 9 , 5 %) per annum on
<br />the unpaid balance until paid- The sai.~, « rincipai and interest shall be payable at the o6lce of Mortgage Plus Incorporated
<br />in Engietvooa , Colorado , or at such othtr place as the holder of
<br />tht ate may dtsignatt is u7itinc. in montidy i~ialiments of Tvro-hundred Ninety-Nine and SI ZOOths --
<br />D~llars t$ 299- gl ), commending on the first day of
<br />May , 19 7 9 ,and on the fast day of each month thetas#ter unFi! the principal and in-
<br />terest are fully paid, ezctpt that the final paymen€ of prneipat and interest, if not sooner paid, shall be due and
<br />payable on the first day of ri}, 2009 ~ ;all according to tht terms of a certain promis-
<br />sory nott of turn dart htrtwith executtd-by €t€t said ?ltortgagclr.
<br />The Mortgagor in order more fatly to protect tht stcurity of this Mor*.a ge, agrees:
<br />F. That Iw wilt pap tl°.t irldebted€;gss, as hertinbeforc provided. Privilege is reserved to gay tter dtbt in whole, os in an
<br />amaurrt equal to one or more monthly payments on the principal that are next due on the Hate, on Iht first day of any month
<br />prior to ntaturty; P.rvsfed, tx7wtver, That vrritttn Herter of an intention to exercise such privilege is givtn at leasE thirty (3Q)
<br />days prior to prepayment.
<br />2. -That, together with, aml iti addition to, tht tnonihly payments of princiia[ and inttttst payable under tht arms of the
<br />mttt created hereby, the Mortgagor wil! pay tci the Mortgagee, on the first day of tech month until tht colic note is fully paid, the
<br />faikwitig sums:
<br />(a) Amount ~Iflititnt to gmvide the holder htiertf with funds to pay cite next mortgage insurance premium if this
<br />instriittttrlt -and- the.: note loured hereby aze iltaeited, or a monthly- cdtatge (in Beer of a mortgage inserernce pre-
<br />miumJ if they are held-iSy tht Stcretary ofHousingsnd t)rban Development, as follows:
<br />([) if and so long-as-sold note of even date and this instrument are insured or are reinsured under the pro-
<br />visions of the. Nafiouat Housing Act; an amount sufficient to accumulate in the hands of the holder one
<br />"~ `~ f ~} ~ - STATE OF NEBRASKA
<br />OfSVItW4 Es~i4iOnsi{f(ete - fNA-3763M (t0-77)
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