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<br />°~iili Azidznd:~s,. for Repa.~st of Section 23d Assistance
<br />., ._ ,-~srG ..:.,ems. ~"'.~„_~c.°s:~.~
<br />5erc~nri tROrtr~ar~,a .
<br />' T6r y
<br />Section 23rs Cases ~
<br />1. _._~~
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<br />TH:S t~1RTG~A~C, made and executed this 30th day of ortober A.D.
<br />7:' 81 , by and betraeen Baxsiel M. Carlson and Aileen A. Carlson, Husband and Wife
<br />of the County of Hail and State of Plebraska, party of the first part
<br />hereinafter Ca?led ttse tortgagor and the Secretary of Lhe department of Housing and
<br />Urban C)evelop~~nt
<br />ratty of the second part, hereinafter called the Mortgagee.
<br />wiTNESSETH: That the said Mortgagor, is justly indebted to the Portgagee in the
<br />principal Sum of Ninety six thousand one hundred twenty & OOj100thsgOilarS ~~ 96,120.00
<br />which principal sum will not exceed an amount Computed under the terms of the Note
<br />executed by said Mortgagor on octo:>er 30, 1981 , with interest, in
<br />accordance with said Note. That as security for sand Note the Mortgagor does by these
<br />presents Grant, Bargain, Sell, Convey and Confirm unto the tortgagee, its successors and
<br />assigns the following described real estate situated in the County of Ha11
<br />State of Nebraska, to wit Lot Nineteen f19), Piper's Glen Subdivision, ing a Su vision
<br />of Dots Eight (el and Nine i9), Warren Subdivision, in the City of Grand Island, Hall County,
<br />TC1 HAVC ANt3 TO H4Lt7 the premises above described, with all the appurtenances Nebraska
<br />thereunto belonging and inoiuding all heating, plumbing and lighting fixtures and equip-
<br />ment row or hereafter attached to or used in connection with said real estate unto the
<br />,,,,rt:,ag°e, anti t i is successors ar.d assigns, forever. The f~wrtgagor represPntt to, and
<br />~:.aven~ants with, the Portgagee, that the Mortgagor has good right to se17 and convey said
<br />premixes; that they are fees from enCUmbrarrce, except far an FHA first mortgage; and that
<br />the 9~Iortgagor aviil warrant and defend the same against the lawful claims of all persons
<br />;.;hn7;soeve,r; and the said Mortgagor hereby relinquishes ail rights of homestead, and all
<br />~r~arital rights, either in law ar in equity, and all other Contingent interests of the
<br />I~Iortgagor in and *_o the above-described premises, the intention being to convey hereby an
<br />absolute title, in foe simple, including all rights of hosesstead, and other rights and
<br />interests as aforesaid,
<br />PRl1VlDE0 AUTAYS, and these presents are executed and delivered upon the following
<br />eunditians, tv S~iit:
<br />The Mrtgagor agrees to pay to the mortgagee, or order, the principal sun of cainety
<br />~a~,» ~;~j.,~.n ~ ,.n.d .-.--.«:~wd ~_~ty ~._ ~~,=-i-_~:-._ -~~ GJ1lar~ '
<br />~~ X6,1<O.aO 1,
<br />iy~e rrz ai~Ei~3= ~+ pruridri, in ~3,= iltr un act ~~?_~:p~ ~s ei~ ~v~l ~ipu rxc4 iiseai uj - aair
<br />Th2 t~irtgs~or in=order r„ar2 Tii?ly t0 prc3tec:t the sec'ur i ty Of this i•i0rtgdye, aqr-225:
<br />1, Thal he will pay t'ra ~ndebtedn2ss, as heren~fore provaded. Privilege is
<br />reserved to pay the debt in whole, or in an amount equal to one or more monthly payments
<br />on the principal that are next due on the note, on the first day of any month prior to
<br />maturity; Provided, trowever, That written notice of an intention to exercise such privilege
<br />is given a± least thirty (~) days prior ttl prepayment. ,
<br />?, That the Mortgagor wilt pay ;round rents, taxes, assessments, water rates, and
<br />other governmental or mrunicipal charges, fines, or impositions, for which provision has
<br />not been made hereinbefgre; and in default thereof the Mortgagee may nay the sane; and that
<br />the lortgagor will pram~atly deliver Ilse official receipts therefor. to the Mortgagee.
<br />~, The I~rtgagor will pay all taxes which may be levied upon th+~ M~trtgagee's
<br />interest irr said read estate and improvements, and wf}iCh may be levied upon this mortgage
<br />or the debt secured hereby (but only to the extent that such is not prohibited by taw and
<br />only to the extent that soh will not make this loan usurious), but excludincd any income
<br />tax; State ar 1`ederal, imposed an l~rtgagee, and will file the official receipt showing
<br />sorb payr~t with the rtgag open vialation of this undertaking, or if the Mortgagor
<br />is pr;.~ibiu by any law .pow or hereafter existif~g frc~mt pal'ir?9 Cho Whole or and portion of
<br />tine afosai~# taxes, ar ui the s-endering of any court decry prahib#ting the payment by
<br />the Hortrgagor or any such tars, or if such law or decree provides Chat any amount so paid by
<br />~~~ lrt~a~or shall be credited on the msrtn,a~~e debt, Chu I~rt;agee shall have the right to
<br />give ninety days' written Holies to the owner of the mortgaged premises, requiring the
<br />laaymerst of the ~srtgage debt, tf such notice be given, the said debt shall become due.
<br />payable and te~llectible at the expiration of said ninety days«
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