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t: <br />1VIOR7~~AGE <br /> <br />~~.-"f)~s~8 <br />Thrs form is used in connec- <br />tion with mortgages insured <br />under the one- to four-family <br />provisions of th.~ National <br />Housing Act. <br />THiS MORTGAGE, made and executed this 17th day of Deretnber ,A.D. <br />19 gl , by and between Earl J. Hardy and Linda R. Hardy, Husband and Wife <br />of the County of Hail ,and State of Nebraska, party of the first part, hereinafter called <br />the Mortgagor, and Superior Mortgage, Inc. , <br />a corporation organized and existing under the laws of Nebraska <br />party of the second part, hereinafter called the Mortgagee, <br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Fifty seven thousand three <br />htandred fifty and No/100ths---------------- Dollars (5 57, 350.60 ). paid by the Mort- <br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar- <br />gain, Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following-described <br />real estate, situated in the County of Hall ,and State <br />of Nebraska, to wit: <br />The Southerly One htutdred twenty (120) feet of Lot Eighteen <br />(18), Nottingham Estates Subdivision, in the City of Grand <br />Island, Hall County, Nebraska <br />of the Sixth Rincipal Meridian. containing in alt acres arcurding to Govern- <br />ment survey: <br />TQ HA4'E AND TQ HOLD the premises atxwe described, with all the appurttnancrs thereunto hrlonging and inctudin~t <br />alt heating, ptumbing and hgirung fi;.tares and. equipment now ++r hrrtafter auached tour used in aonniatitinn with said rent estate <br />asntca th€ Mirtgagee, and to its sut;eesstxs and assigns, fe+ra~+'rr. Tire Mr+rigagur rrpreznts tn, and e+nanunts with, the t+'tortga- <br />get, that Iht Mortgagor has gexxl right to sett sad cons~,y said premises; that thtp art fret from encumbrance« t'tnd that th€ <br />Motgagor will warrant and defend the same against rhr tttwf4tt claims taf alt ptrsom whomattevtr;and the said Mtfrtgtrgor h~rt- <br />~~~ by r~-(;ittytt(~lWs ~ktl rivets +~pf bumf t~a<i. and a{t martidt right-s, t;itlt,ir in law nr itt egaitt, and atf athe>;xontint interests ~ t~,e <br />llirtrtltagor in xnd (u the atanveMlcs4ri~st premise4, the inten6it'n hying t++ct+nvtry tt>3rt'by :an :+k.+aotttt€titt€, in f€t +att3t.=tt. iltat- <br />inh tdl eegh-s ca( tiomesteuc~, and other rights anti intettsta tts a~caresaid. <br />!'R()YI[)-Ali Y~'AY4, atnt tltt3€ ptestntx art r: se~:ti-ltd atut dttiv~red upon fh~ f:?tfrwic=ondttitrrts, to remit: <br />The Mortgagor Agrees to pay {O the MOrtgagee, IN Order, (ht pnnCtpal 4trm Of Fifty seven thousand three <br />hundred fifty and No/100tha--- --------- tkdlurx t5 57, 350.00 ), <br />f with tnterost from daft at the rats of Fifteen and Oats-half per t:rntum ( 15.50 7F• 1 per annum on <br />the unpaid halant:n until paid. Thy said principal and interest :hull be payahk at the ofltce of Superior Mortgage. Inc. <br />in Grand Isldndr N8 , or at such other place: us the holder of <br />the note may designate in writing, in monthly installments of Sayan hurtdred forty eight turd 14/100tt-s-- <br />..-.,._-.,,,,.,.,,. tkallurs 15 "~4 1q t, coaunencing un rhr first day of <br />ga ~tCy~~y-~--- , 19 82 , u1pJ un the tint day of tu.h month Ihrrcufttr unfit thn principal and in- <br />ttret;t arG (ally ~t>f~tpt that the final payment ut principal stud intartst, it not soon€r paid, shalt be due and <br />payut:k tart the flrst day of January, 2012 ; :dl uceordint¢ tO rho terms of a certain promis= <br />sort' sate of even dote htrcwith exeeutad try floe said Motllµtgca. <br />'fhe Mottgttgor in t+rder more fully to protect the security of This Mortgage, trgrtex: <br />!. l`!mt he will pay rhr indebtedtress, us htrtinl+zfort provided. 1"rivilettt is reserved to toot' the debt in wholr, ar in an <br />amount ayurl to one or more monthly payrttents un the princip:l that are next du€ on the Harr, on the tirsl day of any month <br />print to maturity: Ffuvided, Inawtvtr, That written notice of <tn intemion t+, exereisc such privilege is given at Itast thirty li0) <br />days prioF to prepayment. <br />2. That, together with, qnd in attdilwn w, the tnonthly payments of principal tend interest payut+k uttdtr the terms of the <br />note secured hereby, the Mortgagor wit! pay a+the Mortgagee, can the first day of each month until the sail) note is fully paid, the <br />following sums: <br />(u) Amount wflh:tent Io provide the holder hereof with fwxis to pay rhr next atortgrgt insurance prenaiwu tt thts <br />instrument artd the Trott ~w€td hereby are ittxtued, or a monthly charge !rn lieu of u nrurtKoge innrrdncr tNr <br />miunt/ if they era held by rhr Stcrttary otlfeausatg and Urban lkvsltapnwnt, as Follows. <br />(1! !t and xo lcang as sad note of eym daft and this tttstrurr~nt are utsurad ar are eeittsurtd uncles the pra- <br />vtatona< of rhr Natl Ho" %tt:t, era ~raoont aufCu'sunt eta aecumulate in the hands raf t!x ):alder war <br />rtt<Vtxta r HA~71~Pbt wAich nHy tw asst anal wpWy a~ ~txa~wtrnt ~'TATF t)I~` ~l t;R11Ati1-A <br />Htata~82tf~M 19-rfll <br />