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<br />31-02-0221 r"'>-^ This form is used in connec-
<br />tion with mortgages insured
<br />MORTGAGE ender the oxte- to four-family
<br />79-- ~~~~~'~ HousingAct<f the National
<br />THIS MORTGAGE, made and executed this 6th day of September ,A.D.
<br />1979 ,by andtxtween Norman D. Nott and Janet K. Nott, husband and wife
<br />of the County of hall ,and Stare of Nebraska, party of the lust part, hereinafter called
<br />the Mortgagor, and Iylortgag~: Plus Incorporated
<br />acerporationorganizedandexistingunderthelawsof the United States of America
<br />pa,•iy of the ucond part, hereinafter called [he Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and inconsideration of the sum of Thirty Three Thousand and
<br />00/IOOths ------------°------------------Dollars (533 000.00 ). paid by the Mort-
<br />. gagee, the receipt of which is hereby acknowledged, has Granted attd Sald and by these presents does i.,rant, Bar-
<br />gain, Seli, Convey and Confirm unto 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 />Lot Six (6}, in "Buck Subdivision", located on part of the Southwest
<br />Quarter (SW;) of Section Two (2), in Township Eleven (11) North, Range
<br />Ten f_lol west of the Sixth P. M., Hall County, Nebraska.
<br />also kntswn as: 4320 Capital Ave., Grand Island,NE 68801
<br />of tip Sixth Priucipai Mee`ideatt, containing in sit oounty property acres according to Y'wvern•
<br />mint survev:
<br />'r'O ItAL'€ .4Nr0 TO H04D fire prerises shave described, with art the appurtenances thereunto belongn€g and irrchedirtg
<br />all heating, plumbirgt and lighting ltxiures and equipment ra,w or hereafter attaelr~d to at used in canneetion wait said t~aai estate
<br />uttta the Mortgagee, and to its successors and assigns, forever. Thr afortgagtx represents to, atsd crovunants with, tt>•e Mattga-
<br />>ltutt the Martgagr±r ~e god n~~., to-sold an•! co:rve: said premisGst that they are- tree urttt an::uastr: a~ t tr"~
<br />Mortgagor will warrant and defertd the same against the lawful claims of all person=. whomstrever, and #hc said Mort~agot torte.
<br />hynlinquis€xs art rights nt homestead, slid alt tnanial rights, either in law w in er;uity, and alt atteer eantingenY interests of fhe
<br />Mortgagor in and to the above-described premises, the intention being to convey hereby an absolute title, in tes simple, Mselud•
<br />ing all rights of homestead, and other rights and interests as aforesaid.
<br />pkOYIDED ALW AYS, and these presents arr. executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees la pay to the Mortgagee, ar order, the principal sum of Thirty Three Thousand and OO f 100 '
<br />th~..__ _,. ______________ fkllarcrS33,000.00 }.wiehinterestfrom
<br />date a e e rate of -Ten- per centum t 10.0 9i.} per annum ate ;
<br />fix unpaid balatttx until paid. The said principal and interest shall he payable at the office of Mortgage F lus Tneprporattad .
<br />in Eng lewaad , Colorado ar at such other place as the holder of
<br />the note may designate in writing, in monthly insWtlmcros of Two Hundred Eighty Nine and 7 4/ 100ths ---
<br />Ikrtlars (5 2g 4 7 4 }, commending on the first day of
<br />November , 19 7 9 ,and on the first day of each month eherrafter anti the principal and in•
<br />tercet are fatty paid. except th t the final payment ut r~t~ipal and interest, if ttos soonrr paid, shalt bt due and
<br />payable on the first day of ~ robe r 2~I tJ 9 ;art according to the terms of a certain protttis-
<br />sory note of even date herewith executed by the said Mortgagor.
<br />Tt~ Murtgagarin order s~art #ully €a pro€ec€ the securit} of this Mortgage, agrees:
<br />1. That he will pay the indebtedness. as hercinbefore provided. Privdlege is reserved to pay the debt in whotr, yr in as
<br />amount equal to one ar mole monthly payments on the principal that are next due on the note, on the fast day of any month
<br />prior tti maturity: Provided, ttuwever, That written notice of an intention to excretes such privilege is given at least thirty (30}
<br />- days prior to prepayment.
<br />2: That, tog®ttter with, and in addiction to, the mantNy payments'of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor wip pay to the Mortgagee, on the fast day of each month until the said note is fatly paid, the
<br />- - fotlowirigsums:
<br />(a) .4mount suffrtsent to proride the hplder hereof wiUt furtds to pay the next mortgago insurantt premium if this
<br />instrument and the .note secured hereby aro ittaured, or a monttily charge jin flea vjo mvrrggge fnstrrance prr-
<br />rn€tem} if they are held by the Secretary of Hauafng and l2rban [~ra}opment; as fotlows;
<br />(Ij if snd so long as said note of even date.and this instrument are insured or are reinsured under the pm-
<br />+~ians of the Natianaf tlo~rsing Act, err amount sufficient to aceumudate in the hands of rho holder one
<br />Previous Edltians arc Obtolste STATE OF NEBRASKA
<br />FHA--2143M (10-77)
<br />
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