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31-02-0257 This form is used in connec-
<br />77~~,,~~ r*~ f~t d[^~ tion with rtrortgages insured
<br />lYloR i iT~IT~ under the one- to four-family
<br />provisions of the National
<br />Housing Act.
<br />74- ~~-
<br />THIS MORTGAGE, made and executed this 23rd day of October ,A.D.
<br />t9 79 ,by andbetwten David Reisinger and Rhonda Reisinger, husband and wife
<br />of the County of Hall ,and State of Nebraska. party of the first part, hereinafter called
<br />theMotYgagor,and Mortgage Plus Sncorporated ,
<br />acorporatirntorganizedartdexistirtgutcdtrthe}awsof the Unites States of America
<br />party of the secotd part, hereirafter ca}led the Mortgagee,
<br />WlTNESSETH: Tltat the said Maztgagaz, foz and is consideration of the sum of Twenty Seven Thousand and
<br />4~lth~~----- --- - --- Dotiars i5 27 , 000.00 ). paid by the Mort-
<br />, the rrctipt w rs y ackanw}edged, has Granted and Sand and by these presents does Grant, Bar-
<br />gain, Sell, Convey and Confirm unto the Mortgagee, i¢s successors and assigns, forever, the fo}lowing-dtscribed
<br />real estate, situatrd in itrc County of Hall ,and State
<br />od Aiebraska, ro wit:
<br />Lot Two (2), in Block Nineteen {19), in Rollins' Addition to
<br />the City of Grand Island, Hall County, Nebraska.
<br />also known as: 909 W: 4th, Grand Island, Nebraska 68801
<br />~ tfar Stxztt t}iadp~xi Meridian, cmtaioigtt in all e i ty property acres according to Gitvern-
<br />meat sarvey:
<br />7'D HAS'£ AND TO tipLD the prcmisrs above described, with all tht appatt•trnaacts thereunto be4attgirtg, aad including
<br />ag tteat~tt. p~t+~ sad >> nxttms std tatuipattnt ~x or hertafttz attached to ~ used is caaaecrion with said na} estatt
<br />u+the )tiatgsgee, sad to its sgttxssttss a~ assigns, farevrr- The Morigagctr rtprestnts tfl, and covenants ;3 ith, the Mortga-
<br />3re• ~ thr liortgsgar lm iocd rift ra srB and rnnwey saint premius; that they arc fire froru erteumbrarax; and that ehe
<br />siH vrarraei and drftsd rhr slate a~aeest ttte lawful c}aitru of a!! persons whomsoever: and @se said Mortgagor beta
<br />tfy relio+es ag rights of tt~, r>!d ail m-atrial rights, tither in }aw• ~ in equity. sad all other tvotingtnt iattrests of tlse
<br />is amd to €he s6ovt-dcstztit~ premises, the ;attntion trirtg, to convey Iterehy an abwlntt title. is fet simple. includ-
<br />ing a~ ri~9tt:nf I>osa, sad athtx rights sad ittattrests as afortsa-sd-
<br />i'Afl1'tBEt) ALYr-Al`S, and these presents art rats~rttd and dt}ivertd upoar ttte faBor lag axditions, to wit:
<br />The sior a;rtxs ~ pct. t+1a f'be Moatgsgoe. nr otdrz, Me prttf~ipal sate of Twenty Seven Thousand and
<br />04~144th~---- ---- D°}~t527,444~0 ). withinttresttrom
<br />~ ~ ~ rxte °f n and one ha 1 f pct ~ratitat 110.5 4 ~•1 per annum an
<br />t#se wapaid tralatta aa~ pa.d- The seal principal atsd iniratst shat} be pa}able at the offset of Mczr tg age F iu s Zncorpor ated
<br />in El3glewt34d, Colorado or atstrrrhnthee i e rat
<br />themr~ay~dc~+eue~t,arit~g,mmo~ct~~tsat Two Hundred Sixty Nine a 3~~Ehs --
<br />Daffars 15 2 5 4.7 3 ). ~tsrmettdiag on the first day of
<br />~ . 14 7 S, and an the first dsy of web month thtrcafter until Iht principal and ia-
<br />ttatest are ham' pod. tsOtx~~ ftrral payment of pitncipai and iattsest, if not sonnet paid. shall be dot sad
<br />t oa ~ daY ~ 3+TO-~THaber i 9 99 ; ail aecardit~ to the arms of a certain promis-
<br />saty ara& ad tv~a dear i,atvrit~ enrcuttd by the said 3Hortgpgtu.
<br />Tfvc Ids ~ or>ftZ more fuAy m ~t the stcurizy of this AtoRgage, agzees:
<br />I, Tlma he vet gsv the , as h~eistaefore provided. I'riviltgt is resrrved to pay the deb[ in wtrole, or in an
<br />a>nt+am eep~ m rise or amore manfNy pagmtrns am the principat that art next dui on the emote, an the first day of any month
<br />/~` m may= Ptt7ridtd, hrt>Ptstr, That vvritttn etoticx ui an intention to exucise lath priviltgt is green at least thatY i30)
<br />d+ya peirtr to prcpnyreteni.
<br />? Thx, +vrth, and i additiaa u>, the atattttl}+ paptaeetts of priocipa} aad internal payab~ unfit the tests of the
<br />nose stsaet~d lta~, tAe I~a~or pay to the Itdartpapee, oa the fast day of tech month anti} rite sad note is fuDy paid, the
<br />fo~n'hot>etuea,
<br />{a) Arrtoatni satTttaeat tt> proglde t#t hotdtr haronf with funds to pay the next tnoregage insurantt premium it this
<br />insrrttttinQit atmi the a4te txtwrett hea+ehy art insured, or a moaddy chsrge din tiro ©f a mcxtdrge insurmur pre-
<br />~~ i£ ihry arc held bq the 5erxtary a f Htrusirtg sad Urban Development, as fellows:
<br />{I) if and so tong as raid note of eren date amt this instrument arc itrsared ar are reinsured under the pro-
<br />visimis of the *~tfuml ~ Act, an amotmt sufftratnt to acetrmulate in the hands of the holder one
<br />r+s,ria+.a Eair~+v ire Obvotrte STATE flF NEBRASKA
<br />FH4-2143M Ito-771
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