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This form is used in connec-
<br />31-02-0322 tion with mortgages insured
<br />1VI®R'TGAGE under the one- to four-family
<br />provisions of the National
<br />~~tt,,rr~~ a~ aa~~ Housing Act.
<br />THIS MORTGAGE, made and executed this 13th day of November ,A.D.
<br />14 79 ,by and between Robert M. Peterson and Susan 3. Peterson, 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 corporation organized and existing under the laws of
<br />parry of the second part, hereinafter called the ilfortgagee,
<br />Fi'ITNESSETH Thst the ssid Mongagor, for anal in consideration of tht sum of Twenty Orie Thousand One
<br />Hundred Fiftyy and {1 ~3UUt}~s - - -- - Dollars ($ 0 00 l,PaidbytheMort-
<br />gag«. the receipt Sf which is fiertby acknowiedgtd, has Granted and Sold and~C'~iSesz presents does Grant, Baz-
<br />gain, Srll, Convey and Confum unto the Mongagee, its successors and assiens, forzver, the following-described
<br />real estate, situated in the County of Hall ,and State
<br />of febraska, to wit:
<br />~t SeEen {7}, it Block Four {4}, in Rollins' Addition to the City of Grand
<br />Islam. Hail Cottrtty, Nebraska.
<br />also It~zzim as: 918 k. 6th, Grand Island,'~E 688U1
<br />csI rite Sixth f'ritx'ipa? Meridian, containing in al! county property acrts according [o C;ovtrn-
<br />F!lenF SF)r1`C1..
<br />Tt1 HAl'E A4D L'T3 HOLll the prtmisrs ahot°e described, with all the appuntnances thereunto belonging and including
<br />at? ixatin6. alumbing and lighting fixtures and z~uipmtat now or htreafter attachtd to or ustd in conncc pion a ith said real estate
<br />•~ta dse A1sxlgagee. and to its sttcrossors astd assigns. -fixe~tr_ The 9iertgagor represents to, and cmtnant+ with, the M.utGa-
<br />get. tftat tbt tdtxtgatptLr has gex*d rigftt to ull and convcy sand ptemixs: that the} art Free Irom encumhr3xtce; and that the
<br />Mctttgagcu siN oartant aarf dtfcnd the same againsa the lawful claims of ail persons whoatsoever; and t#rt said Mongagtu htre-
<br />by rthiaquishcs afl rights of IxLroesuad, and sIf tnartist rights. tithtr in law ar in tttuity, and ati caber cnntirrgent interests of the
<br />6[tgt~'rin and to t}re abo.r-dcs~rtbcd premists, the intention ~eingio conit} heret+>, an at+x~lute title, in fee simplt. inciud-
<br />i~ a8 rie3tts of hotrttsuad, and otlxr rights attd inttrests as aforesaid.
<br />FR04'IfSED.>,LW'Al"S, and Huse presents are txecuted and delfteyed upon the fotlowitt~ cr.Ktdithins, to wit:
<br />The ftdortgagar ag«s to pay to the Mortgagrt, or ~dtr. tht prin.-ipst .am a# Twenty One Thousand One
<br />Htuiired Fifty and Qf) j1 DDths -- D.:ttars 1521, ~ 5p , 00 I. with imtrtst from
<br />date at the mu of Eleven and one half pct eentunl 1. l{ 1, 5 0 `_! ptr annum on
<br />the unpaid balance timtl paid-The said pnncrpal and interest shalt h pay able at t}x cLtTice o Igor tgag e Plus T nCOrpora red
<br />~ £ngletr`ood, Colorado Lx at wch othtr plact as tht hatderof
<br />the tY.su mat drs~asau in wriltng, n m-sthly igsta;tmcnts of Two Hundred p i =teen and 10 jl QUths -----
<br />-------- Dollars {5 215.1 p l..ommcnding on tht lust day of
<br />~a-sooty , ?~ $ (}, a>td on the first day td loch mouth thtrtaf tzr until the principal andtn-
<br />terest ate fully paid, exx !That the fitsat pavmtnt itf principa? acid tnteresi, ii oat si.cancr paid. shalt bt due and
<br />payatde on $x first day of pDecember 2 D Ia4 :alt according to the tzrtns of a certain promis-
<br />ran sort cd tven date ftcrca'ith extcttud by the sxsd Mortgagor.
<br />Tire lJcalgegot in order araii 1ur;} tLl protect the stcruir:d this M~~e. agrets
<br />1. Thai he wdt pay :hc i>uttess, as i~seintLefort providtd. Ri4iiege is rescrv~l to pay the dtbt in a•}sote, or in an
<br />aato~uas! erletal u+one or inert tawsttisly payments alt tlg prinipat that are ntxt due on the Wort, on the hest day of any month
<br />prior !o matruity: l'ms~Cd, isa?urvv. That wrnen ixstict of an intention to txt€cisz such privilege is given at least thirty (3tl)
<br />days Dt'![8 to prepayment
<br />? That, together wigs. attd ht addition to, tht sonthiy payments of principal and inurest payable under the terms of the
<br />curt secured tttrei y, Hre 1tlongasor will pay tLn the Mortgagee, on rite first day of each month until the said note is fully paid, the
<br />fallua~iag attars:
<br />{al Ainounz sufficent to proridt the holder hereot with funds to pay the next mortgage insurance premium if this
<br />i€isttfstnert! msd tht rsote ~xured hereby art itr>atred, or a monthly clLUge !in lieu of s mortgage in.wmnce pre-
<br />matmJ if thty art hdd by Ux Serttary of Housing and Urban t)evelopment, as follows.
<br />[l} if and zm lorrg x said note t>f even dau and this instrument are insured or arc reinsured under the pro-
<br />r-i~ons of !ht National Housing Acl, an amount sufficient to artumulate in the hands of the holder one
<br />STATE OF tiERR.45KA
<br />PrcviOUa t=diLiOM im rl~tt[C f H A-: 143M (10-]'/ )
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