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,,,~,.j ~ - "} This form is uaed in eonnac-
<br />'!Jw`~=~-~" ' - ~~ illli 1 ~~V~ tion with mortgages irtetired
<br />ursdez the one< tU fors-fatuity
<br />"`~l~u~~~ provisdons of the Na#iorral
<br />TH[SMORTGAGE; made and executed ttiis 25th ' day of July ;A.D-
<br />t9 60 ,by andbetweea Bavid'6: Yarnon ZZ and Kathryn i,. Vaxmcn husband and wife.
<br />of [he Couiuy of Hall ,and State of Nebraska, Party of rite first part,hereinafter caned
<br />the Mortgagor. and Comtt~rciai Federal Savings and Loan Association ,
<br />acaiporsticn organiusi and existing under the kaws of tiehras'<a
<br />party of.the second part- hueinaftu calved the Mortgagee.
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of ?'bitty eight thousand six
<br />hundred and ''r7of100---------------------------------DoNars(5 38,600.OrJ },paidbytheMort-
<br />~- gagre, the receipt of which is hereby acknowledged, has Granted and Sotd and by these. presents does Grant, Bar-
<br />gain; Seii, Convey and Confvm unto the Mortgagee, its successors and assigns, forever, the following-described
<br />real estate,. situated in the County of Ha17 ~ ;and State
<br />of Nebraska, to wit: - - - - -
<br />---Lot Sebenteen (17}, in Buhrtnari Suiid~vision, ar. additicn to the City of Grand
<br />Zsland,Ha11 County, "iebraska.
<br />Ars~XS`;?t~l~&)ftt~i X2rXA4'L`ECKGG7enQf~t{~~XI~Q,.
<br />~A'~"1
<br />TO HAV E AND TO HOLM the premises above described, with all the appurtenances thereunto belonging and including
<br />altheatmg, plumbing and fighting fixtures-and equipment now or hereafter attached to or used in connection with said tool estate
<br />vtttothe Mortgagee, and-to-its successors and assigns, forever. The Mortgagor represents to, and covenants with. [he Mortga-
<br />gee, [flat the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance; and that the
<br />Mortgagor wilt warrant and defend the same against [he lawful claims of all persons whomsoever; and the said Mortgagor here-
<br />bytelinquishes atl rights of homestead, and all marrial rights, either in law or inequity, and all other contingent interests of the
<br />Mortgagor in and to [he above-described premises, the intention being to convey hereby an absolute title, in fee simple, inctud-
<br />ing ail rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the fallowing conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Thirty eight thousand six :^ undyed
<br />ng :1of100---------------- - -- DoNars (3 33 600.00 1, with interest from
<br />date at the rate of Eleven and ore-half ' per centum { 11.50 :e) per annum on
<br />the unpaid bniance-until paid. The said principal and interest shall be payable ai the office of Contmereial s eaeral
<br />Savings and Loan Association in Otraha, ,Zebraska
<br />in , or at such other place as the holder of
<br />- -- the note may designate in writing, in monthly installments of Throe hundred and eighty t•~rc dollars and G3%100
<br />- ______________________________Dollars tS gg . S3 ),commending on the first day of
<br />' Se~tembar 1 , 19 g0and2on [he first day of each month thereafter until the principal and in-
<br />_ - tue`st" We fully paid, except that the final payment of principal and interest, if nut sooner paid, shall tie due and
<br />payable an the first day o[ August 1 ,201pa1I according to the terms of a certain promis-
<br />smy smote of even-date hexwith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this ititortgage, agrees:
<br />1. That he wit! pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />-+ amount equal to one or more monthly payments on the principal that are next due on the note, on [he first day of any month
<br />. - - -prior to maturity: Provided, however, That written notice of an intention to exercise such privilege is given at least thirty (30)
<br />- _ days-prior to prepaymem.
<br />2. That, rogether with, and in addition to, [fie monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor wiN pay to the Mortgagee, on the first day cf each month until the lain note is fully paid, the
<br />following sums: - -
<br />(a) Amount sufficient to-provide the holdet.hereof with funds to pay the next mortgage insurance premium if this
<br />Instrument and the note secured hereby are-insured,.or a monthly chazge/in lieu of a mortgage inssumnce pre-
<br />.~::fumJ if they-are-held by the-Secretary:of Hcusing and Urban l~vetopment, as foNows:
<br />(1} If and so long as said note of even date and this instrument are insured or are reinsured under the pro-
<br />visions of fhe.National Housing Act, an amount sufficient to accwnulate in Ute hands of the holder one
<br />Previous Editions are Ohto~ete STATE OF NEBRASKA
<br />FHA-2t43M (t0-r71
<br />
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