|
This form is trs+=d in connr~-
<br />tion .,~itit m«~.;rtga;r'e:t insurrad ~
<br />~~~'~~`~' under the one- irt~ Prsur-farnify t
<br />provisions !yf t13e tvla:itsr?at
<br />Ffou=iny! Act.
<br />.~
<br />~~-- ~J~i~067
<br />THi5 MORTGAGE, made atM extcuted this 2rtd day of t~etober . ,A.f).
<br />14 gl , by acrd between ~tcold V. 2essin and Arlene fd. zessin , Husband and Wife
<br />of the County of Hall ,and State of Nebraska, party of the Frst part, hereinafter calted
<br />the Mortgagor, and Suppxior A4ortgage, Inc.
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the seermd part hereinafter called the Mortgagee,
<br />WiTNESSt;TH: That the said Mortgagor, for and inconsideration of the Sum of Thirty eight thousand and
<br />No/100ths------------^~----~-^^-^^_^°---^_ 'Jnllars ($ 3$,000.00 }. Paid by the Mort-
<br />gagee, rhz receipt of which is hereby -acknowledged, has Granted and Sold and by these presents dues Grant, Bar-
<br />gain, Sett, Convey and Confirm unto the Mortgagee. its successors and assigns. forever, the following-described
<br />rent estate, situated in the County of Hall ,and State
<br />of Nebraska, to wit
<br />I.ot Eight (8), in Block Two (2), in Evan's Addition to the City of Grand
<br />Island, Hall Cotutty, Nebraska
<br />of the Sixth Principal Meridian, containing in a4
<br />ment survey:
<br />acres according to Govern-
<br />Tp HAVE ANp'PO HC)LU the premi,es atxFVe JescriheJ, with all the appurtenances thereunto helottging and including
<br />ap heating, plumhin$ and lighting fixture, and equipment now or hereafter uttacheJ to ur useJ in connection wish sail teal es[atr
<br />unto the Mortgagee, :md to its successors and assigns, forever. 1'he Mongatrae represents to, and covenants whir, the hfortga-
<br />gee, that the hlotegagor has gout right to sell and euttvey said premist:s; that they are free from encumbrance; and that [he
<br />Mruigagur wilt war. ant and defend the same apainsf the lawful claims of alt persons whomsoever; anJ the said Isiortgagw hert-
<br />ay rtbrwui+he alt ti~;ht+ of ttumeatz.ut::trtJ art ntartiat r;?4Fts, either in law ur in r:(uity, anJ at1 othzr t~ontin~nt intere4t>i ui the
<br />!t~urtt#s(,gli+r in attd to [rte above-dt'ss rtbtJ prCmtses, ttt~ :tt ,;tiat€t t,en~t t.? s=unsay ht€sby an ab4ulute title, in fee ,unple, in~tud-
<br />. krz .,£ ,.,.
<br />na as ::a..,,. _.. 'f,.,.¢:~mted'.':, c..,., .....;,.:._,...., ,;..,. e...~r„ :: -..:... c,r:,.~. ;.
<br />i'tti7~'tt)~t.) lr.'i1`A~ S, anJ these presents rirz cFeiuir<u anJ JeiivereJ upon the failowinb condrtiuns, to wit
<br />The Mortgagor agrees ro pay to the Mortgagee, ur order, thz principal sum of Thirty eight thousand anti
<br />1Hp/100ths^-----_a....~~._._.___ [kJlarstS 38,000.08 !
<br />with interest franc date at ttte rate of gpygateen and thse-half i~r atntunt ( 17.50 =, }per annum an
<br />the unpaid batan4e until paid. The wid principal and interest shall be payable at the office of Superior ]rsartgage, Inc.
<br />in Grand Island, AtE , nt :u such other vtace as the huWer of
<br />the tuna may JesigtrasC in writing, in munthty in~tatimenes of Five htutdred fifty seven and 20/'100ths--
<br />o_,.____ t::tltars t a 557.20 {. cunttrtenuri$ ua the tirsi Jay of
<br />Upt+~~r , 1981 .and un the first Joy of each nwnth thereafter until the principal anJ in-
<br />terest :uc fully p:ud, ercep3 that the final payment of principal and interest, if nut sooner pail, ,!tall ix Jut :urJ
<br />payahte an the nrst Jay of Novatttbex, 2011 atI a~curdin$ to the teems of a certain prumis•
<br />sury note of even date herewuh rvccuftJ by the sail Miutgagut .
<br />Chc Mixtga$or in order more fully to protect the security of this Mortgage, agrees:
<br />t. that tee svitt pay the indebteJness, as hercinbt:furc proeideJ. Privite~te is resersed to pay the debt in wiinfe, ur in tin
<br />amount tgttat t;, trtt E.r mxre mcnitdy p:,ymenEs an fire principal that arc next Jue un ttta natc, urT the ftrt;t Jay of arty tnuntti
<br />priax W rttatutity: I'rutfs~d, iwuever, That written notice of an intention to exercisr such privilege is given at -least tbirty ttOt
<br />days prior to prepayment.
<br />2. 'Chat, tugt:iher with, and in udtlititan ta. rite monthly payments of principal and interest payable under the terms n( the
<br />note sectued he~eCiy: the ~1#itriar Witt pay to tt?c Mart$atitec, on the first day iTf each month until the s;tib mrte is fully paid, tht
<br />fK+th€u ittg sums:
<br />(a) Artrouunt sufEli~ient to pravtde the holder hereu!' with funds tar pay ten: noxt uturtgage ntu+rance prenuurn of thts
<br />irtstrurrtent attd the note seettteJ t:rreby are ittsutctii, ut a munthty charge (in (iaat erj n rnTrrtgtrgt tnutrsttee• fire
<br />rtiurtl if they are ttc(d by tits ~cietary of tluusing and Grban Lk.t-etuptnent, as foltuws-
<br />tti it drtd }il time lS s~-td rFiStN flt ~4@n dlte }rtsf t1R 11#$tFt~tj}Ctt+_ art gn cnr5'Ft :!# ~Ft? r~IFFSUri'G3 t'n+fi'r Ltt~ ='fi~-
<br />vtsiuns of tttc Natiunat Huttsin$ Aet, art amount suft`taent to ac.untutste in the ttastds of the huiJet acre
<br />rte{~4aret Ft?d ?t4;)M ~:a,i4h ra>a'v izc uw.i a~rtr? pc.nP?! ,c c~f.;ae.str<t ~,T~ i~~'t.iF Lk.ttit ~. ~'~
<br />etU tS tt2f 43rN ttt ?9`
<br />
|