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79--' ~~~~,~
<br />~' ppR,~p3~1-r0~2-022.~5^s-~v
<br />s-1~~ i ~~LTi`i
<br />~n~•,. This form is used in connec-
<br />' elan with rrtortgages insured
<br />under the one• to four-family
<br />praviaiatts, of the National
<br />,Houtsiitg Aot.
<br />THIS MORTGAGE, made and executed this 13th ' -day of September ,
<br />t9 79 .by and between Charlene M. Hatch, a single person("
<br />,A.D.
<br />of the County of Hall ,and State of Nebraska, party of the first part, hereinafter called
<br />theM~rtgabar,and Mortgage Plus incorporated ,
<br />acorporationorganizedandexistingunderthelawsof the Unitefi 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 Thirty Elght Thousand Nine
<br />Hundred and 00/1GOths ------------- Douars(538,900.00 ),paidbytheMort-
<br />gsgee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar-
<br />gain, Sell, Convey and Confirm unto the Mortgagee, its suressors and assigns, forever, the following-described
<br />real estate, situated in [he County of Hall ,and State
<br />of Nebraska, to wit:
<br />Lot Sixteen (16), in Block Two (2), in Meves First Addition to the
<br />City of Grand Island, Hall County, Nebraska.
<br />also known as: 636 E. Meves, Grand Island, Nebraska 68801
<br />of the Sixth Principal Meridian, containing in all City property acres according to Crovtrn-
<br />mentsurvcy:
<br />TO HAVE ANI; TO fIt)L,D the premises shave described, with ail the appurtenances thereunto belonging and including
<br />all heating, plumbing and ".fighting fixtures and equipment new or hereafter attached to or used in connection wtth said real estate
<br />unto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the MottgA-
<br />' gr~, that the Mortgagor has gaol right to sell and convey said premises; thaE they arc free from rieumbrartee; and that'thc
<br />bfortor wilt warrant and defend the same against the lawful claims of all persons whomsr~ever, and the said ~lartg~nax fare=
<br />by retinquishes a!i rights of haniestead, and alt martial rights, either in law or in equity, and alt other contingent interests of the
<br />fotr in and to-the ar,t e titescrfned premises, the intention being to convey he=eby art absolute title, is f ~°'+, fib
<br />- allxights of ltamestead, and other rigtttsand irtsasst_ as afate~ald. _ _ - -- - --
<br />PROV[[SBD ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Thirty Elght ThOU3arid Nlne
<br />Hundred and 00/10Aths DollarslS 38,900.00 ), with interest from
<br />dace at the rata of Te11 per Centum ( 10 ~) per annum nn
<br />the unpaid balance anti pard. `the said principal and interest shall he payable at the office oT Fid~tgage Plus Incorporated
<br />in Englewood, COlorad0 scat such other pierces thr balder of
<br />the note may designate in writing, in monthly installments of Three Hundred Fifty Three and 60/1 OOths-
<br />thiiiars t~ 3 ~ 3 , 6 0 }, commending as the first day ai
<br />Novo~t g • 19j 9 .and im the first day of each month thereafter until the principal and in-
<br />terest are fully paid, exeept~natt the final payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of etobez 2 0 04 :alt according to the corms of a certain promis•
<br />spry Hate of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more tally to pmteet the security of this Mortgage. agrees:
<br />- _- 1. -That he will pay the indebtedness, as hcreinbefore provided. I'riviltge is reserved to pay the debt in whole, or in an
<br />~rrount equal to ottc or mote monthly payments on the principal that era next due on the note, on the first day of any manta
<br />-_ prior to maturity: Provided, however, That written notice of an intention to exercise such privilege is given at toast thirty (30i
<br />- days prior to prepayment.
<br />2. That, together with, and in additiaa to, the monthly payments'ot principal and interest payable under the terms of the
<br />-- note-secured heroby; Me MortgagorwiN-pap:+the Mortgagee, oa the: first day of each month untilthe said note is fully paid, the
<br />toltowiryt sums
<br />(a) Amount sufficient to provide the kidder hereof with funds to pay the next mortgage insurance promium if this
<br />instrument end the note secured hereby arc insured, or a monthly charge (in fire oJ'a mnrrgoge insurance pre-
<br />mium) if they aces held by the Secretary of tfousing sled Urban Dovelopmcnt, as Collows:
<br />(i) if and w tong as said note of even date and this instrument are insured or are reinsured under the pro-
<br />visions of the Nationat Housing Act, an amount sufficient to accumulate in the hands of the holder one
<br />Previous Edlrions era Obsolete °T`'tTE Oh' NEBRASKA
<br />PNA_~143M I10-771
<br />
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