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<br />31-02-0385
<br />This form is used in conned
<br />tion with mortgages insured
<br />IVIQRTGAGE under the one- to four-family
<br />provisions of the National
<br />~~~~ • Housing Act.
<br />THIS MORTGAGE, made and executed this 29th day of January .A.D.
<br />19 80 .byartdbctween IL~y E. Hofrie2tter and Nancy J. Hofrichter, Husband and Wife
<br />of the County of Hall ,and State of Nebraska, party of the first pazt, hereinafter called
<br />the Mortgagor, and Mortgage Plus Incortr~rated
<br />a rnrparation organized and existing under the Jaws of the 23ni red Mates of America
<br />patty of [he second part. hereinafter called the Mortgagee,
<br />---- WTS'NESSETH: That the sid Mortgagor. for and ir. carsiucration of the sum of 's'hirty Nine Thousand and 00 jl00ths
<br />---------°------------------ Dollars l5 39, 006.00 1. Paid by the Mort-
<br />gagee. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar-
<br />= pain, Sell, Convey and CottSrm unto the Martgaget, its surceswrs and assigns, forever, the fallowing-described
<br />real estate, situated in the Counh• of Hail ,and Sta[e
<br />of NelvasJ:a, w wit:
<br />~tze Easterly Nineteen (19) Feet of Lot Sixteen (16}, and the Westerly Forty Faur
<br />(4A} Feet of Lot Sever_teen (1'}, in 91ock Five (5), sn Westerhoff's First
<br />5•.:)rdivision in the City of Grand Island, HaII Cettnty, Nebrasxa, except the Southerly
<br />Thirty Feet t30") thereof, deeded tc the City of Grand Island, Nebraska, for
<br />street purposes.
<br />Also knoxn and nt~taereti as:
<br />311? w. 16t3t
<br />Grazxi Island, CIE 688J1
<br />of the SistEt RiaciPa! lleridsast, :t,ntwenseg at all ,:..sty Property acres accarding to Gavern-
<br />meai 8ar'Ye}~_
<br />7Y1 HA'1'€ AIvD TO liLs1.D rtse purmisrs ahnx descrit+[d, with a0 the appurttnancts thereunta be}attggng and including
<br />+~ heathsg etas Ji~ti~ 2irttres ata3 el~pntent raw ar hereafter attached to ar nsed in connectie~ with said rea9 estate
<br />t~,a the l~a+tt, and to hs serrcessars and assigns, farever. Tht Nartga~var represents ta, artd ravertaats b; th, the Mottga-
<br />. r~ r#tc ~ has gad n~lrt &i srll and ~?nve3' said premises: that they arc free foam ertcnmbrancc; atd that the
<br />lettrt~ag,t w1iR w°arr'~rst atsd dtftnd the same agaicst the lawful Claims of alt ptrsans w=hcmnsaerer: a~ the said Mortgagor tttrr-
<br />M rel}ntptishcs ail ti~lxs of Jsomssteyd. aadadl aratval ritehts, either in Jaw ar in equay, atxi s!1 otter contittgrnt interests of Cho
<br />~-b ~'-n'y mss: -'a'ss"^'.aw t,:~ise;. tie intcatiar, liting tc, cansry itertby an at+salute tick, in fee sitnp#e, mclud-
<br />~ is ~ ~. a~ atlter mitts and interests as afaresaid.
<br />PItUX'iDED ±,L13'AYS, amd t"aese presents art executed and delivered u}x,n the fat!owttgy renditions. k, wit:
<br />The ~ grits to pa} m the ldortg, ar arder, the principal sum of Tltizty ?line ?'housand and 06 j100ths
<br />~~ ~ ~ ~------- _ __ Datlars;i 39, OtO, DO t, with interest fram
<br />Eleven and tsne half per centinn t ? 1.50 ~) per anntun or.
<br />the unpaei I>a~ane trtstil ~, ?fir seed Prim and ~teitst shat trc payable at the offrce of Mortgas3e Plus Inrorporated
<br />in En~levood, i=oloradc
<br />~ nnte tna*. ~ ~ wla . t .~ + sx at such other place as the holder of
<br />y ~int>:antls.~zb.sll;aentsaf Three Hundred Eight Six and ~9j10=aths-------
<br />_~'"` --___- Mars 15 386. d9 t, cammeadtng on the- first day of
<br />'~'~ . t9 s0 . and on the first dat of each manth thereafter until the principal and in-
<br />tetesi are faBg paid, exxpt that the free; payment of principal and interest, if not sa",otr paid, shat! tee due and
<br />t~Ya~e on the hest day of February, x010 ; all acr.ardittg to the terms of acertain promis-
<br />stap tsntt od evgr dale herewith execatpd bt~ the said Marigagor.
<br />The ldtrrtpgifr in order tsose falJy to ttraaa-t the security of tlsis!+fortgage. agrees:.
<br />1- T~ ~ w~ r'~3' tfisc itxittpss, as hercinbefare provided. Privilege is reserved [o pay t~ debt in .Thole. w in an
<br />~O°~ m tie ~ ~~ taoathiy Payments +att the prineipa! that are next due on tJtc Warn, on the drat dati of any month
<br />P~ ~ try- , ~'r~.'fi~,t w~i~n i~ii.°t of sn ~trntian to exercise such paivtlegc is given ar least thirty 1301
<br />days pssnr ~ prepay>gtnl.
<br />'- That. tpeethet wnffi, and ~ addiQast to, the mtsnWy payments of principal and interest payable under the terms of the
<br />ante speared 4mthy, the litprtyKnt w~ pay to the Mattgapee, t,n the first day of ea:h month until [he sale Hate is [ally paid, the
<br />foriawia~ sans:
<br />(a) went atffs.^tcstt rte #trotitk the no!tLa+ lttrtof wztit funds to pay tree next mortpge insurance premium if this
<br />intrutrtent and the nou aectuc~i hortby are irrautpd, or a monthly drarge {in leetr aI c mortgage tetsurtrrrce pre-
<br />m~tzJ if dzey see hld by rho Secrezaty of Houoiag a~ i7rban Development, as Coiloas:
<br />111 If and eo lortb as said nt~- of tvm dstp and this instrument are insured ar are reinsured under [he pn,-
<br />vitaons of the Nations Hateting Acz, an amount suffa sent to accumulate in the hands of rite holder unc
<br />Prw:orrs Editenns a+t Obrotete 3T:iTE OF 4 EBHASKA
<br />rftA -2143M (10~7]I
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