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<br /> 929• This form is usedin'3*1fln
<br /> 02 2t'36
<br /> tiotrt with 'martlCstiC it sumd
<br /> i
<br /> MORTGAGE under the one- to four-ft"
<br /> provisiovw,' of tM National
<br /> Housing Aef-
<br /> 0U4487
<br /> 'THIS MORTGAGE, made and executed this 31st day of August KD.
<br /> 19 al , by and betwcen Robert L., Rupp annct Jody A. Rupp, huSband and Wife ~
<br /> of the County of hall, and Smie of Nebraska, party of the first pan, hereinaftt.• called r
<br /> the Mortgagor, and The Richard Gill Company
<br /> a corporation or;carpi-red and existing under the laws of the United States of America
<br /> party of the second part, hereinafter called the Mcsrt,¢agee,
<br /> WTTNHSSETH: That the said Mortga'ir, for, and inconsideration of the guru of Fifty Three Thousand
<br /> and 00/100ths---------___ (S 5:1,000.00 paid by the. Mon-
<br /> gagee, the receipt of -which is hereby acknowledged, has Granted and Sold and.by these presents does Grant. Bar•
<br /> gain. &,)i, Convey and Confirm unto the Mort ,ngee, its successors and assitns, forever, the following-described
<br /> real estate, situated in the Count of, Hall . and State
<br /> of Nebta5kz., to wit:
<br /> Lot Twenty-Two (22), Westroads Estates Third Subdivision,
<br /> Ti
<br /> Hall County, Nebraska.
<br /> Also Known As
<br /> 3559 Laura Avenue
<br /> Grand Island., NH 68801
<br />
<br />
<br /> i
<br />
<br /> t
<br /> of the Sixth f'rincipa: Meridian, containing in all city property. acres according to Govern- G
<br /> ment survey:
<br /> TO HAVE AND TO HOLD the premises above described, with all rheappurtenances thereunto belonging and including
<br /> all heating, plumbing and lighting fixtures and equipment now or hereafter attached to,or used in connection with said tea: estate
<br /> unto the Mortgagee, and to its successors and amigns,'forever-:The Mortgagor represerrtsio, and covenants with, the Mortga-
<br /> gee, that the Mortgagor has good right to sell and convey said premises: that they are free from encumbrance, and that the
<br /> Mortgagor .;;il warrant and defend the same against the lawful claims'of all person's whomsoever; and the said Mortgagor here-
<br /> by relinquishes all rights of homestead, and all martial rights, either in law or in equity. and all other contingent interests of the
<br /> Mortgagor in and to the above-described premises, theinten6on be'rrrg to'.=vey hereby an absolute title, in fee simple, includ-
<br /> ing all rights of homestead, attd other right,, and interests as aforesaid.
<br /> PROVIDED A LWAYS, ar:d ti;rsu presents are executed and delivf red upon the following conditions, to wit:
<br /> The Mortgagor algef s to pay to the Mortgagee, or order, the principal sum of Fifty Three Thousw:sd
<br /> and Dollarf($53.000.00
<br /> with interest from date of thz rate of sixteen and one half per centum ( 16.50 per annum on
<br /> the unpaid balance until paid: The said principal and interest shill be payable at the office ofTt►a Rf.s;hord C111 Company
<br /> in Sara Antonio, Texas' . or at such other place as the holder of
<br /> the note may desigmite in wasting, in monthly installments of Sri-ve_w Hundred Thirty-four and 58/100ths----
<br /> _ iS. 734.5Fs cornWicing on the first day of
<br /> a tM,-, r .1981 ,and an t first day of each month thereafter until the principal and in-
<br /> West arc fully pr,id, ex?ebD that the final payment' of principal and interest. K not sooner paid, shall be due and
<br /> payable on the first day of September 2011 ; all according; to the terms of a certain promis-
<br /> sory note of e°rrn date herewith executed by the said Idortgagof;
<br /> "rhe Mortgagor in order more fully to protect th}, security of this Morlpage, agrees:
<br /> 1; That he will pay the indebtedness, sat here,inbefore provided, Privilege is reserved to pay the debt in whole, or in an
<br /> amount equal to one or more monthly payments ion the principal that are next dim on the note, on the first day of am, month
<br /> prior to maturity; Provided, however. That writVrn treittce of an intention to exercise such privilege is given at least thaFiy (30)
<br /> days prior to prepayment.
<br /> 2. That, iogohcr with. wkd in addition to, the monthly rayrnents of principal and interest payable under the terms of the
<br /> note secured hereby, the Mortgagor will pay to the Mortgagee, on the first dsy of each month until the saia note is fully paid, the
<br /> following rums:
<br /> (a) Amount sufficient to provide the hulder;hereof with, funds to pay the next mortgage insunnue premium If this
<br /> instrument and the note secured hereby, are.inmred, or a monthly charge (in lieu of o r <wgge insuranee Me-
<br /> traturn) If thif rife held by the S*crelary of,Housing and Urban i ewtopment, as follows:
<br /> (f) If and to long as said note of even date and this instrument are inwred or are reinsured under the pro-
<br /> vir,ions of the National Housing Act, an amount sufficient to ac,-emulate in the lurid% of the holder one
<br /> rt.Vx ri r M n.2 s a;tin vvh;ch mW rn. ,~d u"1;1 .upvW r: weha„rtrd STATE OF NEBRASKA
<br /> HU"2143M 49-7qt
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