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' This form is used in conttac-
<br />' - tion with mortgagee iirattred
<br />,~ 1Vf~~TGAGE Under the ane- to tear-(amity
<br />y ~'~`+~ Provisiotts of tIw Natiartat
<br />Hirusing AeL
<br />THIS MORTGAGE, made dad executed this 2lst~ day of Juiy ,A;IT
<br />19 _80- ,by andbetween~ Thotaas J. Moore and_ Sherrq Moore, husband and wife - - - - - _
<br />of the Cauntg of Ball ,and State of Nebraska, party of ttiefirst part; hereitrafter ratted
<br />the Mortgagor, and gI MORTGAGE COMPANY, INC.
<br />a corporation organized and existing under the laws of Zowa - - - ~ - -
<br />partyof the second part, hereinafter called the Mortgagee.
<br />WTCNESSETH: That the said Mortgagor, #or and in consideration of [he sum of -Fifty-Two Thousand Saved
<br />Hitnd~~ed -and N~/ 1h0.0--------------------------Qollars (S g2, 700.00 ), Paid by the Mort-
<br />„ gages, the receipt o w teh rs hereby acknowledged, has Granted -and Sold and by these presents -does Grant. Her-
<br />gain,- Scll, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following-described"
<br />real es[ate, situated in the County of Hall ,and State
<br />of Nebraska, to wit:
<br />Lot Seven (7) in Sunset Subdivision, being a part of the North
<br />Half of the Northeast Quarter (N'-~NE~) of Section Eleven (11} in
<br />Township Eleven (11) North, Range Ten (10) West of the Sixth
<br />Principal Meridiat;, Hall County, Nebraska.
<br />of khe Sixth Principal Meridian. containing in a!1 ;tars according to Guvern-
<br />mentsurvey:
<br />TO HAVE AtiD TO HOLD the premises ahave described, with all the uppurtenanres thereunto belonging and including
<br />all heating, ptumbino and !itrhtinr; fixtures and cyuipment now or hereafter attached to ur used in cunncction with ;a:a rest e=_tatr
<br />unto the Mortgagee, and to its successors and assigns. forever. "The Murtgagirr represents to, and covenants with, the biortga-
<br />gse, [hat [tae _vterigagor has gaud right to ..<.eii and caat•ev said premises: cite[ they air free from encurnbrancc: and that thz
<br />Mortgagor will warrant and defend the same against the lata•fu( claims of alt person. tvhum5ucvrr: and the laud hlnrtgago.* here-
<br />by relinquishesall rights of homestead, and aft martiat rights, either in taw or in equity, and alt other contingent interesn of the
<br />Mortgagor in and to the above-described premises, the intention being to convey herehy an absolute title, in fee simple, includ-
<br />ingall rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, w wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Fifty-Two Thousand Seven
<br />Hundred and No/100----------------------------Dullanl5 52,700.00 i.
<br />with interest from date at the rate of Eleven and One-half per eentum ( 11.50 ~5) per ;anon un
<br />the unpaid balance unfit paid. The said principal and interest shall be payahlc at the office of
<br />BI MORTGAGE COMPANY, INC.
<br />m Ottr~ha Nob stc~ . or m .uch other place as the holder of
<br />the note may designate in wn mg, fit mont~i~y fns ailments of Five Hundred Twenty-One and 88/ 100-------
<br />__-_....______________..______ik?Ilars 13 521.88 1. commending nn ;hc lust dad of
<br />Septetabex , 1980 . and en the first day u[ each month thereafter until the pritcipal ^nd in-
<br />terest are fully paid, except that the final pa •ment of principal and inerest. if nut sooner paid, <hnll 6e due and
<br />payable on the first day of August 20 p10y ;all according to the terms of a certain prumas-
<br />sat'y net? of t'ven date herewith executed i?y the said htt:rtgagor.
<br />Thr Mortgagor inorder more fully to protect the security of this Mar[gage. ;tgrres:
<br />F. That he--witl'pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in tvhoi e, ur in ;m
<br />amount equal to one or more monthly payments on the Principal that are next due on the note. on the lust dal of any month
<br />prior to maturity: Provided, hawever, That written notice of an intention to exercise ,uch privilege is given of kn,t thine I?r4
<br />days prior to PrePaYment:.
<br />2. That, together with, and in addition ta, [hr monthly payments of principal and interest payable under the trans of the
<br />note secured hereby, the Mortgagor will pay to.the Mortgagee, on the first day of each month until the said note is fully paid. the
<br />following sums:
<br />(a) Amount sufOcient to provide the holder hereof with funds to pay the next mortgage insurance pronoun if tlti+
<br />instrument -and the note secured }iereby are insured, ar a monthly charge (fn lieu of a mortgage iruzvaxcr prr-
<br />mfumj ifthey are held by the Secretary of Housing and Urban I?evelopment, as follows:
<br />(t) if gird so brig as said note of even date and this instrument are insured ar are :ensured under the peer
<br />visions of the National housing Act, an amount sufttcient to accumulate in the hands of the ituidci oar
<br />Replaces FHA•2t43M which may be used until supply is ezheus[ed S'h:\'f F. OF V E;SSH.-1StL1
<br />MUU~92 t43M 49-791
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