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31-02-0149 This farm i,s used in carer
<br />~p~~-r ('v~+ "~~ Lion with mortgagw_s :neared
<br />tY'~.~~~Rl'~1J'JCi under the Drat- to faun-family
<br />provisions of the National
<br />Housing Act»
<br />79-- ('~D~U
<br />THIS MpRTGAGE, made and executed this 28th day of September ,A.D.
<br />t4 79 >byandbetween Robert H. Jenks and Norma L. Jenks, Husband and Wife
<br />of the County of Hall ,and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and
<br />MArtgage Plus Incorporated
<br />a corporation organized and existing under the laws of the United States of America
<br />party of the second part, hereinafter called the Mortgagee,
<br />'NITNESSETH: That the said Mortgagor, for and in consideration of the sum of Forty Five Thousand Six Hundre3
<br />and Fifty and No/100ths------------------------------- Dollars ($ 45 , 650.00 ), Paid by the Mort-
<br />, gaged, the receipt of which is hereby acknowledged, has Granted and Sotd and by these presents does Grant, Bar-
<br />gain. Sell, Convey and Confirm into 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 Four {4), Block Three (3), Normandy Estates, an Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />Also know and numbered as:
<br />1503 Windsor Rand
<br />Grand Island, NE 68801
<br />of the Sixth Principal Meridian, containing in all City Property acres according to Govern-
<br />mentsurvey:
<br />T€3 HAVE AND TO HGLD the premises above described, with all the appurtenances thereunto belonging and including
<br />sit 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 with, the Mortga-
<br />gee; that the Mortgagor has good right to seat and convey said premises, that they are fret from encumbrance; and that fhe
<br />lf~~-mar wit! warrant and defend the same against the lawful claims of all persons whamseever; and the said hfo~~agor ham=
<br />by relinquishes ail eights of hamestcad, and a1f martini rights, either in law or inequity, and all other contingent interests of the
<br />Mt~a)sor in and to the aliavc-descri>~d premises, the intention being is Canvey hereby an absolute tint. in fee simple. inciod-
<br />ing~Itrigltts of homestead; and ether rights and interest's as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the fallowing conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Forty Five Thousand Six Hundred
<br />and Fifty and No/100ths------------ Dollars ($ 45, 650.00 ). wins ineerest from
<br />date at the rate of Te red . e Ha f per centum ( 10 , 50 ~,) per annum on
<br />the unpaid balance until pai~'I~ie satd prmctpal and interest shall be payable at the office of
<br />Mortc~~ge Plus Incorporated , or at such other place as the holder of
<br />the Hutt may designate in writing, in monthly installments of Four Hundred Seventeen and 70j104ths-------
<br />--------.. _ Dollars ($ 417 , 70 ), commending on the first day of
<br />Novettsber- -- -- , [979 , and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the fin:el payment of principal and interest, if not sooner paid, shaft be due and
<br />payable on the first day of October, 2009 ;all according to the terms of a certain promis-
<br />sory ante of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees
<br />t. That he will pay the indebtedness, as hereinbefore provided. Privitege is reserved to pay the debt in whole, ar in tut
<br />amount equal to one or more monthly payments on tht principal that are next due on the note, on the first day of any month
<br />-prior to maturity: Provided, however, The[ written nnuce of an intention to exercise such privilege is givens[ least thirty (34)
<br />days prior to prcpaymeat_
<br />?. That, together with, and in addition-to, the monthly payments of principal and inicrest payable under the terms of the
<br />Holt secured hereby, the Aforigagor-will pay #o the Mortgagee, on the first day of each month unn7 the saib note is fully paid, the
<br />taHowing sums:
<br />(a} Amount wflicient to provide the holder hereof with funds to pay the next mortgage insurance premium if this
<br />instrument and the Hate secured hereby are insured, or a monthly charge (in lieu of a mortgage insurance pre-
<br />mium) if they are held by the Secretary of Housing and Urban Development, as follows:
<br />{l} if and so long as said note of even date and this instrument are insured or are reinsured under the pro-
<br />visions of the National Housing Act; an amatnt suffteient to accumulate in the hands of [tie holder one
<br />Previous Editions are t)bsatetc STATE OE NEBRASKA
<br />FNA-2743M (70-77)
<br />
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