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This form is used in connec-
<br />31-02-0298 ~ lion with rnort~a,ges insured
<br />~]~_w "~.Ht iMl~.l~Ai.Tti~l's under the one- to four-fnmi8y
<br />previsions of t•he Nttional
<br />Hauai,ng• Act.
<br />THIS MORTGAGE, made and executed this 14th day of December ,A,p,
<br />1479 ,by and between Robert D. Haumont and iCathleer. L. Haumont, husband and wife
<br />of the County of Ha11 ,and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and <
<br />Mortgage Plus Fncorporated
<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 />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Ferry Eight Thousand Six
<br />Hundred Fifty and 00/100ths --------------------- Dollars ($ 48,650.00 !,paidbytheMort-
<br />gagce. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar-
<br />gain, Seth Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following-0cscribed
<br />real estates situated in the County of Hall ,and State
<br />of Nebraska,to wiL
<br />Lot Three (3}, except the Easterly One Hundred Sixty-Five Feet (165.00'} thereof,
<br />Scheel's Subd%vision, Hall County, Nebraska.
<br />also known as.: Rt. 2, Grand Island, Nebraska 68801
<br />of the Sixth Principal Meridian, containing in all county property acres according to Govern-
<br />mentsurvey:
<br />TC+ HAYE ANR TO HOLD the premises above deserille~t, with alt the' appurtettarte:es thereunt.3 belangittg att*: iacludit
<br />alt peaking, plumbing and lighting fixtures and equipment now or hereafter attached to or used in conttectiun with said real estate
<br />unro the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortga-
<br />ged. Thai rho Mortgagor has good right to sett and convey said premises; that they are free from encumbrance; and first the
<br />Mortaagor witl warrant and defend the same aaaittst ttte lawful claims of alt persons whomsoever and the said Mort_aagot hart:-
<br />by i'eliriquishes alt rights of homestead, and alt martia3 rights. either'_n taw or in equity, and alt ether contingent irttcrests csf the
<br />fs#u;•ty~go to a,.d to the a`oove describetr pr ~P.tses tit ententinn being [v convey hereby an abscittte rii.~, itt lee si€t:p~, itr~lt~-
<br />ing a!t rights ~€ h~+mestead, and other rights antf interest a~ afuesaidt.
<br />PROV1DF,t) ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees ro pay to the Mortgagee, or order, the principal sum of Forty Fight Thousand Six Hundred
<br />Fiftyy and OOj pOths -- ----- - -- Dollars (S 48,650, 00 ),with interest from
<br />date at the rate of :Leven and one half per centum i 11. SO °%ct per annum on
<br />the unpaid balance unlit paid. The said principa! and interest shalt he payable at the office of Mortgage Flus inevrpar. aced
<br />Englewood, Colorado
<br />in , or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Five Hundred Nineteen and 10/100ths -------
<br />__..________________________ Dollars t~ 51g 1~ 1, rnmmendingon the first day of
<br />February , 19 80 ,and tin the first day of each month thereafter until the principal and in•
<br />tercet are fully paid, except that the final payment of principal and interest, if nut sooner paid, shall be due and
<br />payable on the first day of January 2000 ;all according to the terms of a certain promis-
<br />aory note of oven date herewith executed by the said Mortgagor.
<br />The Mortgagor #n order more fully to protect the security of this Mortgage, agrees:
<br />t, That he will pay tht indebtedness, as hereinbe[are provided. Privilege is reserved to pay the debt in tape!€, or in an
<br />amount equal to one or more monthly payments on the principal that are next due on the note, on the first day of any month
<br />prior to maturity: f4nvidcd, however, That written notice of an intention to exercise such privilege is given at least thirty (3q}
<br />days prior to prepayment,
<br />2. That, together with, and in addition. ta, the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee, on the ftrst day of each month until the sai8 notets fatty paid, the
<br />folbwing sums:
<br />(a) Amount sufficient to provide the holder hereof with Funds to pay the next mortgage insurance premium if this
<br />instrument and the note cured hereby are insured, oc a monthly Charge (in lieu of a morrgrrge insurance pre-
<br />mium) it' they are held by the Secretary of Housing aad l(rban Development, as follows:
<br />(l) If and so long as said nuts of even date and this instrument are insured or are reinsured under the pro•
<br />visions of the National Hauaing Act, an amount su€ftcient to accumulate u1 the h;.nds ot• the balder one
<br />Previous Editions are Obsolete STATE OF NEBRASKA
<br />FHA-2143M Il0J7)
<br />
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