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<br />Tf-FfSMf1R7GACiE,mwteandexr€utedtttis 31st dayr~ Jtxiy ,A.f3.
<br />19 7g ,by andbetwssn Randall D. Davis and Kathryn L. Davis, husband and wife
<br />of tfx £aunty ~ 'xall .and Stan of "r'sftraska, patty c#'the first part. herd t~Ued
<br />thef~r.anri P4ortgage Plus Sncorporated
<br />acsnporationorganizedandezistiatgundtrt;~iawTaf the ;suited States of riCr3 ,
<br />party ~ tits s~..ortd part. herrirrarter coifed the M>artpaget,
<br />WITNESSETH: That the said Mortgagor, for and in considerariar of the sa:m of Twenty Seven Thousand Fite
<br />Hundrec and OOjl0flths ---------------- ~o}IarstS 27,500.00 ).~idbyL~Mort-
<br />. gaEoe. the receipt of whack is hereby acknowledged, has Granttd and Soil and by these presefots does Groat, sar-
<br />gaan, Sell, Convey and Confirm unto the Mortgagee, its successes and assigns, forever, the fofiowing~escribed
<br />real state. ~tttated is the County cd Hall > and State
<br />of Nebraska. to wit:
<br />Lots Nine (9) and Ten (10} except the Westerly Five Feet (5') of Lot
<br />Nine {9}, Block Ten (10}, in Bcgg's and hill's Addition to the City of
<br />Grand .Island, Hall Catutty, Nebraska.
<br />also known as: 2024 W. 10th, Grand Zsland, Nebraska 688fl2
<br />of the Sixth Prancipat Meridian, containing an all City property acres according io Govern-
<br />~~tsurvey;
<br />TO i~iAvS A~it~ T~ tlt?L13 the premises above descritxd. Witt: aEl i$t appttrtenanees thsrcunta t~lttngi ate: ifsCi'udifs~
<br />ail frosting, plumbing and ligtuisrg fixtures and equipment now a hereafter attached to or acrd an connection with said real esters
<br />unlit the Mortgagee: and to its successors and assigns, forever. The Mortgagor represents ta, and covenants with, rfx Mortga-
<br />gee, that the Mortgagor iris goad right to Belt and eonrey said premises; that they ors flee from tneumbranct: arut that the
<br />Mr -R;;? w~ ~~t ~ d°fx~ its saw x=Qains? tt~!2wful claims of ai! persons whostsosvar; and tf~ mid a3ortgagnr Wit-
<br />by rtfattquis3us aH rghts of homestead, and sit martian rights. either in taw or in equity, and all ether contangmtY Wit.-ruts t~f tfser
<br />f~ie~ in~~ try r;r- a=e-~ es,.-r=~ p.~ats, t intz:rt~r. isg t .attvey ;~r~;° an ab~:v... ut~. ~ ft~ s.;t~.,::,:, ?~.,...,.
<br />s ttf ha~st;,aft; a=~ct#~-r righter te~asas afo;~said.
<br />PRdViDEf3 ALWAYS, and these presents azc executed and delivered upon the following conditions, to wit:
<br />The Mortgagor ogees to pay to the Mortgagee. or order, the principat sum of Twenty Seven Thousand Five
<br />Hundred and OOj100ths----- laoltars(527,500.00 ), withinterestfrom
<br />daft at the rate of T n per centum t 10 . D 0 ~) per anntun an
<br />the urspaid balance untU paid. The said principal and interest shelf be payable at the office of Mortgage Plus InCOSparated
<br />in Englewood , Colorado , or at such other place as the holder of
<br />the note stay designate an writing, in monthly insta!{ments of Two Hundred Forty One and 4 5/100ths ------
<br />_ f)oilars (~ 241.4 5 3, commend,ng on the first day of
<br />September , 197 9 ,and on the first day of each month thereafter until the principal and an-
<br />ferest are fully paid, except that the final payment of principal and interest, if riot sooner paid, shall be due and
<br />= payahfe on the first day of August 2 0 0 g ;all according to the terms of a certain proms-
<br />- say note of even dat_ herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, ogees:
<br />1. That he wilt pay the indebtedness, as hereinbeforc provided. f'ri nlege as reserved to pay the debt m whole, or in an
<br />amount qua{ to one or more manthh; ,-~yu5ettts on !f~ principa! that are trcxt due on the ate, on tf!P first day of any metul+
<br />- prior to maturity; ProyMed> however, That written entice of an intention w exercise such paivikge is giver. at least thirty (3dt)
<br />days pt~r to prepayment.
<br />2. Tiwt, iogrthtr with; and in additmtt ter, the monthiy payments'of princgral and interest payable under the terms of the
<br />rtott: secartd hereby, tits A+sortgagarwill to the Mortgages, on the first fiat of each memth unfsl the soft! hate is fully paid, the
<br />fotkiwing sums:
<br />(a) Amount suffitaerit to pravidt drt holder hereof with Etrnds to pay the next mortgage insurance premium if this
<br />instrument and. the note secured hereby are irtsttmd, or a monthly chazge {fn Fiett of a mortgage insurance pre-
<br />mfrrm) if they are held by the Secretary of Housing and -Urban Devetopmrnt, as follows:
<br />(i} if and soiatg as sai~. Gott of even-dale-anti this instrument era insured of ate reinsured under the pro-
<br />- visions of the Atati~aT Rousing Act, an amount sufficient to accumulate in the hands of the holder erne
<br />STATE CtF VEIBRASftA
<br />?rCit?us EiiitieM ere tN~Orete f:MA-2t43M (r0~771
<br />
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