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33.-02-0~n7 Thi= faun is used ir: canner-.
<br />tion with mortgages insured
<br />~~~'~'~'~~~ under flee one- tm ffottr-family
<br />ey ~^~ prorisians of tlae National
<br />THiS MORTGAGE, made and executed this llthday of April ,A-D.
<br />19 79 , by and between Roger C. Hutt and Julia JoAnr. Hunt, husband and wife
<br />of the Courty of Hall ,and State of Nebraska, party of the lust pazt, hereirtaftcr t;a!Ied
<br />the Mortgagor, and Mortgage Plus Incorporated ,
<br />a corporation organized and existing undo the laws o€ the United States of America
<br />party of the second part, hereinafter called the Mortgagee,
<br />WiTNESSETH: That the said Mortgagor, for and inconsideration of the sum of Forty Four Thousand Four Hundred
<br />Fifty and 00/100ths -------------------------- f?ollazs f$ 44 45 00 ). paid by the Mort-
<br />, gager, the receipt of which is hereby acknowledged, has Granted and Sold and ~iy these presents does Grant, Bar-
<br />- gain, Sell, Convey and Confirm urao the Mortgagee, its successors and assigns, forever, the following-described
<br />real estate, situated in the County of Hall ,and State
<br />of Nebraska, to wit:
<br />Part of the Southeast Quarter of the Southeast Quarter (SEzSE$3 of Section
<br />Twenty (20), Township Eleven (11)North, Range Nine (9) West of the 6th P.M.,
<br />in Hall County, Nebraska, more particularly described as followsc Beginning
<br />at a point on the Southerly Line of DelMonte Avenue in the city of Grand Island
<br />Nebraska which point is 490 feet Southwesterly from Lot 1, Block (5y Bel-Air
<br />Addition to the City of Grand Island, Nebraska, running thence Southeasterly along
<br />and upon a line parallel with and 4S^v feet Southwesterly from the Southwesterly
<br />lot line of said lot 1, Block 5 Bel Air Addition for a distance of 126 feet,
<br />thence running southwesterly along and upon a line parallel with and 126 feet
<br />southeasterly from the southerly line of Del Monte Avenue for a distance of 70
<br />feet thence running Northwesterly along and upon a Line parallel with and 560
<br />feet southwesterly from said lot 1, Block 5, Bel Air addition for a distance of
<br />126 feet to the southerly line of Del Monte Avenue; thence running Northeasterly
<br />along and upon the southerly line of Del Monte Avenue for a distance of 70 feet
<br />to the point of beginning.
<br />of the Sixth Principal Meridian, containing in all city property
<br />ment survey:
<br />acres according to Govern-
<br />TO CiAYE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and including
<br />aIl heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate
<br />unto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants wilh, the Mortga-
<br />gee, that the Mortgagor has good right to sett and convey said premises; that they aze free from encumbrance; and that the
<br />Mortgagor witi warrant and defend the same against the tawful claims of ail persons whomsoevee; and the said Mortgagor here-
<br />byrelinquishes aI! rights of homestead, and a!! martin! rights, either in law or inequity, and al! other contingent interests of the
<br />Mortgagor in and to the above-described premises, the intention being to convey hereby an absolute title, in fee simple, includ-
<br />ing all tights of homestead, and other rights and interests as aforesaid.
<br />PROY[DED ALWAYS, and these presents are executed and delivered upon the followingconditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Forty Four Thousand Four Hundred
<br />F' ft a d 00/100ths --------- Dollars ($ 44 , 450.00 ). with interest from
<br />date at tie ra~e o~Nine and one half per centum ( 9. SO °~a) Per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of Mortgage Plus Incorporated
<br />in Englewood, Colorado , or at such other place as the holder of
<br />the nose may designate in writing, in monthly installments of Three Hundred Seventy Three and 82/100ths ----
<br />Dollars ($ 373.82 ), commending on the first day of
<br />June , 1479 , and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of May 2009 ;all according [o the terms of a certain promis-
<br />sory note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgages agrees:
<br />i. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />amount equal to one or more monthly payments on the principal that aze next due on the note, on the first day of any month
<br />prior to maturity: Provided, however, That written notice of an intention to exercise such privilege is given at least thirty t30)
<br />days prior to prepayment.
<br />2. That, together with, and in addition to, the monthly payments'of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee, on the first day of each month until the saitl note is fully paid, the
<br />following sums:
<br />(a} Amount sufficient to provide the holder hereof with funds to pay the next mortgage insurance premium if this
<br />instrument and the note secured hc~tby are insured, or a monthly chazge (in lieu of a mortgage insurance pre-
<br />mium) ifthey are held by the Secretary of Hauling and Urban Development, as follows:
<br />(f} !f and so long ~ said note of even date anti this instrument are insured or era reinsured under the pro-
<br />vls-tans of the Nst:anal Housing Act, an amount sufftcient fo accumu.ate in thz hands of the holder one
<br />STATE OF NEBRASKA
<br />PPlViOUt ~editten. if0 p{jtOlQte FHA-2 743M 110-77
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