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'" 31-02-0267 This form is used in connee-
<br />tion with mortgages insured
<br />~O~°1`~''A~~' under the one- to tour-family
<br />provisions of the National
<br />Housing Act.
<br />79-~ t~}'71~.U
<br />THIS MORTGAGE, made and executed this 29th day of October ,A.D.
<br />1979 ,by andbetwcen Roy Edwards and Deborah K. Edwards, husband and wife
<br />of the County of Hall ,and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and Mortgage Plus Incorporated ,
<br />a corporationo[ganizedandexistingutxierihelawsof the United States of America
<br />party ~ tiu second part, hereinafter called the Mortgagee,
<br />W'ITNESSETH: That the said Mortgagor, for and in consideration of the sum of Thirty Nine Thousand FOUr
<br />Hundred Fifty and OOJ140ths ----------~llarsiS 39,450.00 ),paidbytheMort-
<br />, gagee, the reuipt of w~hicTi is htrcby acknowltdged, itas Granted and Sald and by [htse presents does Grant, &ar-
<br />gain, Self. Convey and Confirm unto the Mortgagee, its successors and assigns, forevcr, the foFFowing-0escribed
<br />real esiau_ situated in the County of Hall ,and State
<br />of IYetsrasta, to wi['.
<br />Lot Five (5), in Fzactional Block Seventeen t17), in Ashton Place,
<br />an Addition to the City of Grand Island, Hall Cotutty, Nebraska,
<br />excepting therefrom the Southerly seven (") feet.
<br />also knak~ as: 2fi19 W. Koenig Grand Island,NE fi$803
<br />of rite Siath ptiaci}+el gttridian,,rnntaiai~ is all C1 Ly prOpErty acres aeccvding to Cmvtrn-
<br />rneat nrnry,
<br />TC3! HAi"€ Akt}'I'tf HOI..D tht premius about dtsttibed- with atl tht aptwttenances ttxtcunto helanging aad iacludiag
<br />aR ~• phsmk~ and I~Itting fixitrtrs aad esluipmetat ~ or lstreafter attachrd to ar ustd in canntcaion aTth said reef estate
<br />ueto rise Il{artp~cr, and to its sttcxrssars and assigm, fartver. T!x Martgagv represents ta, sad covtnants with, rise Mottga-
<br />pee, rho tltt Isftsrfsagor ~ J3~ rigist its seH and coavty said premises: drat dKy eve free from tncumhtattce; and that the
<br />11learx~pspor svs7l,s~artam aed dtfetd the same agaims the ~riu1 claims of aN persons a°hamsisever: aew tfsc said Mortgagor hcrt-
<br />~qes aIt rights of 6amestead, atsd ail martial rights, titlser in iasc ar is equity, and sI9 ottser txstrtirsEent interests of ehe
<br />Isiars~ar ie and to the atx+ve-dsscn't,od premises, dse iattats~ heiag to a~rvty tsereby an ab~lau tick. is fee siatpit, inciud-
<br />a9 rigiats of isumesuad, and ~vher ruts and iateresis as aforesaid.
<br />PRO~rIDED AL9VAYS, and rht~ presents art exetttted and 3elis trod upon the fotl~:wittg rnndStions, to vii:
<br />11sr Isiastg~tsr apoes to pay to the Mott gee, ar ardcr, the pritsttipal sum of Thirty Nine Thou sand Four
<br />datem~ri Fifty and OOj1+70th~farsis 39,450.00 ), withinteresttrom
<br />E3 ev. and ong half air £~~a+ t 11.5 4 `~) fur aaattm on
<br />the m,paid tsalance pa~7}r sasd prtncspal and tntertst stmt De payatde at the af§ce of Mortgage F lus Incorporated
<br />Eng lestaod s Colorado . ar at t the holder of
<br />the ruet seat' dcs~us in wrstiasg. in mosttsiy installatents of Fatty Hundred Qne and 2i,~Z0 Ota!`is ---
<br />fkstiars tS # Ol . 21 ). cammeadittg an the firs[ day of
<br />I:R~er , t9 7 9 , and an the fssst day of tech month thereafter until the principal and in-
<br />srAtec[ arc in$y paid, exeepT t t final payment of principal and interest. if rsot swtset paid. shall be due and
<br />Fs'•'~ m tisc fitrst day of Pat=arIItber 2 404 : all acctedittg to the arms ai a certain promis-
<br />zar!' aac at cwca dam Isertwi th etuuted by the said Mart.
<br />715r ~nr m ar9a more fm9y b prottcf fist sretiaiiy of flair Mortgage. fees:
<br />I Tbu !te ~ pay iNe mess, as hereinbefort provided. Privs7egt is reserved an pay tht debt in whale, or in an
<br />asteos~ e~sw8 us oat m tts>e~ aaoathip paytecnts tm the prissap~af abet art rsext dix on tht Hate, on the fast day of any month
<br />prier ~ Y: Pros+idtat, Ln+srvu, 71su mitten aoticr of an ieuntiats W exercise Sllr.}I privikt~ i5 EIVCn at (fast thirty fTfl)
<br />~S jM'1Of to pnCpa~"iOdit..
<br />=. 7'1sat, , smd k asi ~, tht ra~tidy paS'ments of principal and invest payable under the terms of the
<br />aou ta~rad may. the ?lar~x ts~ pay ks the ~, tso the fast day of each month ands the Baia note is fully paid, the
<br />tams:
<br />{a~ Armsttrti wt~iest m provide the hctlder hereof with ftusds to pay the tsext r,3ortgage ittsutaace premium if this
<br />iusus~st acrd the aata seatred 3' one insured, or a monthly charge /dn ffru aI a mortgage titaetnnce pre-
<br />ttrisonl if they ate ht~ by the Srxaetary of Hag agd Urban Dtvclopmrnt, u follows:
<br />{i) if and m Img n said ~e of ttvm date and titH instrurrrer-t are insured or are reinsured under the pro-
<br />tr9pms of the l~iasiosral Hratt~rsg Art, >N atssartnt sufficient to ~curtrulate in the hands of the holder one
<br />STATE OA ZEBM AoSKA
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