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31-02-D547 ~""~ Ttds form is rued m eaaoao--
<br />tion ,aitlt morlg~m i~ared
<br />~~~#~T~~~'} imekr:theot'te-#ofo~-lltaely
<br />piroeieioffi - of 't3tt=: Nf~aai3
<br />- Ffa~ingAetF... - -
<br />"` G04349
<br />TENS MORTGAGE, made and executed this 15th'- '. -day of - .August - - - ~ ~#x~D. --
<br />14 80 , by end-behveen Rudolph E. Hommaa,.n and Cynthia S. Heatmatut,. Husband:; atsd-:Wife -- -
<br />of theCoatrty of Hall ,and State ~ Nebraska, party of the tiratpa:t. haeindiet i!aNed
<br />the Mortgagor, and - -- - -
<br />Mortgage Phts incorporated
<br />acorporation.aganiudandexisbngu~Zrthelawsof the United States of America - - ~-
<br />party othee second part, hueinafter called the Mortgagee, - - - - .
<br />WITNESSETH: That the saM Mortgagor, for and in rnasMeration of the sum of Thirty Six Thousand Hide
<br />Hundred and 00/100ths---------------------__ Dollars (S 36 900.00 - ). t~ bYthe More= - - _
<br />, gaBea the receipt of which is hereby acknowledged, has Granted and Sold and by t{tese prcaents does Grant, Hu?
<br />gam, Sell, Convey and Confam unto the Mortgagee, its successors and assigns, forever, the followirgdexrir'bed
<br />real eatffie, situated in the County of - Hall - ..and State
<br />of Ntbraaka, to wit:
<br />Lot Two (2), in Block Sixty-Six (66), Wheeler and Bennett's Second Addition to
<br />the City of Grand Island, Hall Cotmty, Nebraska.
<br />also known and numbered as: 519 East 14th, Grand Island, NE 66801
<br />at the Sixth Prirrcipal Mttidian, containing in at! City Property acres according tuGovern-
<br />.^tent 3L'. s
<br />TO H~L'E AND Tfl HOLD the premises above desesbed, with cell [he appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate
<br />veto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right to sell and convey said. premises; that they are tree from encumbrance; and that the
<br />Mortgagor will warrant and defertd the same against the lawful claims of all persons whomsoever, and the said Mortgagor here-
<br />by relinquishes al! rights of homestead, and all martial rights, either in law or inequity, and all other confingent interests of the
<br />Mortgagor in and to the above-described premises, the intention being to convey hereby an absolute title, in fee simple, includ-
<br />ingall rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these.presems are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Thirty Six Thousand Nine Hundred
<br />and 00 j100ths-------------------- Dollars ($ 36, 400.00 1. with interest from
<br />date a! the rate of Eleven and one half per centum ( 11.50 9) per annum on
<br />the unpaid balance until paid, The said principal and interest shall be payable at the office of Mortgage Plus Incorporated
<br />in Englewood, Colorado , or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Three Hundred Sixty Five and 68/100ths------
<br />--------------------------- Dollars ($ 365.68 ), commending on the first day of
<br />October . 19 80, and on the first day of each month thereafter until the principal and in-
<br />terest art fully paid, except that the final payment of principal aced interest, if not sooner paid, shall be due and
<br />payable on the first day of September, 2010 ; al! according to the teems of u c=: rain promis-
<br />sorynote of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />1. That he will pey the indebtedness, as hereinbefare provided. Privilege is reserved to pay the debt in whole, or in an
<br />amount equal [o one or more monthly payments on the principal that are next due on [he note, on the first day Df 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 prepayment.
<br />2. That, together with, and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor wi{I pay to the Mortgagee, on the first day of each month until the sai5 note is fully paid, the
<br />following sums:
<br />(a} Arnuunt sufficient to provide the holder hereof with funds to pay the next mortgage insurance premiwn it this
<br />instrument and the note secured hereby are insured, or a monthly charge /irz lied of a mortgage insumncc pre-
<br />mium) if fhey are held by the Secretary of Housing and Orban Development, as follows:
<br />{,) It and sadong as said note of even date and ibis ittstru-scant are insured or are reinsured under the pru-
<br />W;ion's of the Naiionat Housing Acf, an amount sufficient to aceumutate in the hands of the holder one
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