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86— 1.02246
<br />MORTGAGE This f 1s ,15ed in connection
<br />with mortyages insured under the
<br />( one. to four - family provisions of
<br />he National Housing Act.
<br />THIS %40R'F(;A6F. made and executed this 5 th day of May A.1).
<br />1986 .by and between BRADLEY L. FEGLEY and JODI L. FEGLEY, 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 />P.O. BOX 2008
<br />Grand Island, NE 68802
<br />it corporation organized and existing under the laws of the State of Nebraska
<br />party of the second part, hereinafter called the Mortgagee.
<br />WI'I'NF.SSF'FH: That the ,aid \lorigagor, for and in consideration of the stun of Forty Six Thousand and
<br />No/ 100ths-----------°'----------- --- --- --- ---- -- ----- ------- Dollars (y 46,000.00 1. paid b), tile lort-
<br />+gee. the receipt of which is hereby acknowledged. has Granted and Sold and he these presents does Grant. Bar-
<br />gain. Sell. ('onve% and Confirm unto the Mortgagee, its ,ucressun and assigns. forever, the follo%%ing- described
<br />real estate, situated in the Count_\, of HALL and State
<br />of Nebraska. to wit:
<br />LOT FIVE (5) AND THE EASTERLY FOUR (4) FEET OF LOT SIX (6) IN BLOCK THREE (3), CUNNINGHAM SUBDIVISION,
<br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />of the Swh Principal \lendian. ront.uning tit ail acu,.iccortlinv to (jotcrn-
<br />ment ,unc%
<br />11) HA\ F AND TO 1-101 t) the picno,c, aho\e dc,rrihed. t\ith ;III the nppurtcnances Iheicunto belonging ;ind including
<br />all heating. p lurnhingand lighting tistnre, and CLImpntent r,;r.c nr heicaftei :iitachcd to or t,ed in connection with said read estate
<br />unto the \lorigagee, and o, 1.l, ,ticce-oi, and as,ign,. lore,er. The \4ortg:tgor repie,ents to. and co,emmt, \\ ith, the Mortga-
<br />gee, that the Mortgagor ha, good right to ,ell and coovct ,aid Premise,: that the, are free from encumhrance: and that the
<br />Mortgagor will v. arrant and defend the ,ante igarin,t the Lot ful chino of .dl prrsons ,% honnoc\ cr: ;Ind the ,:lid \lorigagor here-
<br />by relinquishes all right, of honleslead. and nil martial right,. either in la%t of In cyuity. and all other contineenl interest, of the
<br />Mortgagor in and to the aho%e- described prt•nlises, the intention heulg to .on \,,\ hereht sill ah,olule title, in fee ,Imple. includ-
<br />inc all rights of homestead. and other right, ;rnd interest, a, aforesaid
<br />PROV11)FI) AI.1A NY S. and these present, ore esecuied .ind dch\ er.d than the 1, llo%t ing conkilioll,. In tilt:
<br />-1 he Mortgagor agree, to pay to the Mortgagee. or order. the pnnclpal Forty Six Thousand and NO /100ths
<br />----------- ----- --•--- ----- ------- - -- -- -- i) „I!;u,tj 46,000.00
<br />with I111CIC5t ITOr1I date at I110 IatC of Nine and one half net m1110 :11 9.500 I pee annum on
<br />the unpaid hidance until paid. I he ,aid principal and interest ,hall hC pat ahle :n the „!lice of Superior Mortgage, Inc.
<br />P.O. BOX 2008
<br />it, Grand Island, NE 68802 t,t m uch olhcl pla: c ,s, the holder of
<br />the note mat de,ignatc in toiling, in monthly in%lallmenl, of Thh ee Hundred Eighty -Six and 79/100ths-----------
<br />------ -------------- -- -------- ------- I)ullar, I'1. 386. C010111,21 4:11w, on the tint dat of
<br />July , 19 86 .:rnd on the fins da, of r,tch rnnnlh thereafter untii the principal and in-
<br />terest are full,, pnld. eucpl Ihmt the final atnlenl of princir,i; :Ind there,!. it not sooner paid. ,hail be due :old
<br />eatable on the fiat dal of June, 2016 Al ;ICCUrding to the term, of .I :rlLon llrnnli,-
<br />,orC note of ecen date hele” fill c %ecifled ht the ,aid ',lot Igiigor.
<br />I lie Mortgagor in order mole fully to protect the security (it Ihi, \lortgugc.:r;ercv,:
<br />I Ihal hC will pity the Indchledne\,,, ;t, herembeforc pro,ided.y(
<br />X9S4*=NXX1(Z XX1XNNNNx Privilege is reserved t ;pay debt, in whole or in part, on any installment
<br />L due date." 11L — -
<br />Ihat. togollcl .;Ill, and m t�dilwn to, the muntlt i�.ICmen1, of plineipal .rnd lilwic,l p:I\.11Ae under III,- trim, of the
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