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MORTGAGE , This in coon @ef;oe
<br />with mortgages insured under the ;
<br />one m four family Grovrsrons of
<br />if National Housing Act.
<br />86-- 102154
<br />1 THIS MORTGAGE. made and executed this 25th day' of April A.D.
<br />19 86 .byandbetween Gary E. Medinger and Sherry K. Medinger, husband and wife
<br />of the County of Hall and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and
<br />Norwest Bank Nebraska, National Association
<br />a corporation organized and existing under the taw. of The United States of America
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and in consideration of [he sum of Thirty —five thousand and
<br />no(100ths----------- - - - - -- -- Dollars (5 35 ,000.00 ). paid by the Mort-
<br />gagee, t e receipt of which is hereby acknowledged has Granted and .gold and by these presents does Grant. flar-
<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 />Lot Twenty eight (28) in R & B Subdivision, Hall County, Nebraska.
<br />The rider to the mortgage attached hereto and executed of even date herewith is
<br />incorporated herein and the covenants and agreements of the rider shall amend and
<br />supplement the covenants and agreements to this mortgage.
<br />of the Sixth Principal Meridian• containing in all city lot acres according to Govern-
<br />ment survey:
<br />TO HAVE AND TO HOLD the premises above described, with all the 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 />unto 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 free from encumbrance; and that the
<br />Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever, and the said Mortgagor here-
<br />by relinquishes all rights of homestead, and all martial rights, either in iaw or in equity, and all other contingent 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 />ing all rights of homestead, and other rights and interests a, aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and dchrered Upon the following conditions, to twit:
<br />The Mortgagor agree, to pay io the Mortgagee, or order. the principal sum of Thirty —five thousand and no/100ths-
<br />------------------------------------------- DlillaFl Isi 35 000 .00 f
<br />with interest front date at the rate of Ten pet cellllrol ( 10 ' -S ) per annum on
<br />the unpaid balance until paid. The said pfuicipal and Interest shall he payable al the othee of Nonrest Bank Nebraska,
<br />National Association Omaha, Nebraska or at such other place as the holder of
<br />the note may designate in writing. in monthly in,tallmcnt, of Three hundred seven and 15/1 00ths — — — — — — — —
<br />--------------------- - - ---- ---Dollar, f 1 3 7 .i 5 I. conunencing o❑ the. first day of
<br />June . 1!1 fib- anon IFe first day of each month thereafter until the principal and in-
<br />terest are fully paid, e\cept that the final paymem rlf principal and interest. If not sooner paid, shall he duc and
<br />payable oil the first day of May 201.6 i all according of the terms of a certain promis-
<br />sory note of even dale herewith executed hy' the s;,id Mortgagor.
<br />I he Mortgagor in order m,rre• ftlRv to protect the ,ccurits of this Mortgage, agrees:
<br />1. 'that he will pap the :ndehicdnes,, ,I, hercinbeforc provided. Privilege is reserved to pay the debt In whole, or man
<br />amount equal to one or more monthly payments on the principal that are next due on the note. on [tie first dac of any month
<br />prior to i n turity: Provided, lrowe,er. 'f -hat written notice of an intention to evercisc such privilege is given at least thirty i +l)I
<br />day, pilot to prepayment.
<br />That, together with, and in addih,nt t,r. the monilth payments of principal and interc,t payable under the terms of the
<br />note ,c:urco herchv, the Mortgagor ,a III ;ray le the Mortgagee. on the first day of each month until the still note is fulh paid, the
<br />followirtp;�afm,:
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