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<br />atp.. 1 V OQ 0r,0 JL -2
<br />This form is used in connection
<br />MORTGAGE with mortgages insured under the
<br />one to four family provisions of
<br />the National Housing Act.
<br />THIS MORTGAGE, made and executed this 1st day of May A.D.
<br />19 86 , by and between Donald T. Brooks and Pri.cilla A. Brooks, Husband and Wife
<br />of the County of Hall , 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 the State 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 Thirty Nine Thousand,
<br />Two Hundred and No /100ths --------- -- ---- - - ---- Dollars (S 39,200.00 ), paid by-!he Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents Joes 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 />Lot One (1) , in Block One (1) in Meves First Addition to the city of
<br />Grand Island, Hall County, Nebraska and that part of Cherry Street vacated
<br />by Ordinance No. 5371, being the Westerly Eleven (11) Feet of said Street
<br />lying adjacent to an Easterly of Lot One (1), in Block One (1) of Meves
<br />First Addition to the city of Grand Island, Hall County, Nebraska from the
<br />Easterly Prolongation of the Northerly line of such lot to the Easterly
<br />prolongation of the Southerly line of such lot.
<br />of the Sixth Principal Meridian. containing in all
<br />ment ,un'e%
<br />acres .lc curd l ng 10 GUVCrII-
<br />TO HAVE AND TO HOLD the premise, ,thove described, with all the appurtenances thereunto belonging and including
<br />all heating. plumbingand lighting fixture, and equipment now or hereafter attached to of used in connection with said real estate
<br />unto the Mortgagee, and to its successors and as ions, 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 the% are free from encumbrance: and that the
<br />Mortgagor will warrant and defend the saute against the lawful claims of all persons whomsoever: and the ,aid 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 u) the above - described premises, the intention being to con%e5 herehy an absolute title. in fee simple, includ-
<br />ing all rights of homestead, and other rights and interest, as aforesaid.
<br />PROVIDED ALWAYS. and these present, are executed and delivered upon the following conditions, w con.
<br />The Mortgagor agrees to pay to the Mortgagee. or order. the principal sum of Thirty Nine Thousand, Two
<br />Hundred and No /100ths -- -- -- --------- --- - - - - -- DollaratS 39,200.00
<br />with interest front elate at the rate of Nine and one half per :enuun ( 9.5 1, 1 per aniruun on
<br />the unpaid balance until paid. The ,aid principal and interest shall he payable art the office of Superior Mortgage, Inc.
<br />P.O. Box 2008
<br />in Grand Island, NE 68802 . ar al such other place it, the holder of
<br />the note may designate in writing, in monthly installment, of Three Hundred Twenty Nine and 61 /100ths -
<br />--- ---- ---------------- - - - - -- Dollars (S 329.61 1, commencing on the first day of
<br />July . 19 86 . and on the first da} of each month thereafter until the principal and in-
<br />terest are fully paid, except that the final payment of principal and interest, if not sooner paid, shall he due and
<br />payable on the first day of June 2016; all according to the terms of a certain promis-
<br />sory note of even date herewith executed by the said Mortgagor.
<br />I'he Mortgagor in order more fully to protect the se"nity of this %loiigage, agrcc,:
<br />I. That he will pay the indebtedness, its hereinixfore oruvided.
<br />"PrLVI1 is esf:r�cec{ t pay the debt, i.n whole or in part, on arty
<br />installment due date." e� ih Tit 1 rl..�
<br />t ' 'l hat. together with, and m rddiuon to, a onth y p,rvments ul princi(ral mid interest puy:rhlc under the trrors of the
<br />L more ,c mcti hereby. the Morl(!agor a ill pay to the Mortgagee. on the font'h of e;rch ruonth until the wool note is loth paid, the
<br />following sums:
<br />e�p
<br />4 i4MIfKl1Q( llilC7�ftltffKlmll) t) l+ ll�iA�tKlGlfrlfp LQtxH?I?{7iiiYahtkr?f1K�G t17�1i G�XhtKrYtKi7liljl(H1iii +Yifiitk �+fhlirta}thrY E}itli tt
<br />�x� ���i47Gilr ����` i�i%t i�ittiYvxNM3( R .'(i41F1(ait)�!9?fift]SpCx'?4X
<br />X11i, M1i9{+ �SOIAC #d(�CDU�1CD14tt1¢�li�.'G�9�i AI(�ONIpOx K 99)IkY�Jtl(Dit4':i4C Kt?7 H4t1>{@CV N.f!,'��i�x \t?(!i /: k if `�?d :�k�(''C,N!i
<br />-ilAIt of N 1114A;hA
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