MORTGAGE j Ties loan is aInit rn rnnd, ,hi, 7t
<br />a
<br />,wrn rnorrgaoes ;nwnet urxier tt?e 3
<br />'t' g nne- to lour- taln,ly provisions of
<br />he Nateorral iNOUSing Act.
<br />as-- 102677
<br />`FHIS MOR'f(WiE. made and executed thi, 16 th da of May A 1).
<br />19 8E ,hy and her ween ppNILD LEON VALALIK and OONNA KAY VAt.ALIK, HUSBAND AND MITE
<br />of the C'ortntc of HALL , and State of Nehruska. partv of the first part- hereinafter called
<br />The Mongag(w.and Superior Mortgage Inc,
<br />P.D. Box 2008
<br />Grand island, NE 68802
<br />a corporation organized and e%icting under the larks of the State of Nebraska
<br />party of the second Part, hereinafter called the Mortgagee.
<br />N'17'NFSSFTfi- That the .aid Nfor(gagor. for and in con,ideranon of the ,um of Fifty Eight Thousand oone.
<br />Hundred Fifty and No /100ths -------------------------------- l)dlaisIS 58,150.00 1.Paidhc the 'slort-
<br />nagee_ the receipt of .,hich is herehy acknowledged. i:as tiranted and Sold and i.y these pre,ent, doe, Grant. Bar -
<br />rain. Sell, Convey and 0,nfirrt unto the Nforigagee, its +ticce,xx, and a„ign,_ forever, the FolloHing- described
<br />real estate. ,rtuated in the Counly of HALL and State
<br />of Nehra.ska. h) wit.
<br />THE WESTERLY TWELVE AND THIRTY SEVEN HUNDREDTHS FEET (12.37') OF LOT SIX (6) AND THE EASTERLY SIXTY
<br />ONE AiD SiXY THREE HUNDREDTHS FEET (61.631) OF LOT SEVEN (7), IN BLOCK ELEVEN (11), IN PARKHILL
<br />THIRD SUBDIVISION, AN ADDITION TO TOE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />oI th, Siath Yrincipa! .Xlendian ,.,nt,t nine iii _il!
<br />ntenl JUr%e%
<br />crn-
<br />T(i H AVI- ANI) rO Hit !) in, :•rein', • .a•o,c Je _ nE,rd urh ,d1 ,he ,,ppurte .u,ce, thcrrunto hc! ,tigint .in,! Includine
<br />ail heating, plumping and lighting fixture, ind e:auiprlent no,k or here after .ill.i, :kilt to or ii,ed to ,onnecttnn ,ktth ,aid real e,tstc
<br />unto the 'dortgagee. and to ih ,u.Lc ,or, and a,+igra•, f,,rc,rr I he 11ortg :i9ot lcpre,cnh lit. and covenant, with. the klortga-
<br />gee, that the Mortgagor ha, go w r:ghi to ,0! .and ,,w ek ctid nreni;,r +. that (het are tree from :ncumhn.nce: and that the
<br />'fartgagor mill warrant and defend the ,ante : :gaiP,t Itic jaw fill .Imm, of ,11 P, Ir n, 1 hoar —c,cr: and the ,aid %lorigagor here -
<br />hv rehnyui,hes all right +of homc,!ead_ aril' ,,'1 martial rr ht,. either In Li -o, or In eyutty. :ind ,ill other contingent interest, of the
<br />Mortgagor in and to fhe ahaa- r- de- crihed prcnn,c,. the Intcw ni hrifir to ron,ct heteh} an ,ih,oh!Ic utic. in fee ,Imple, Includ-
<br />ing all right,: of home,tead, and ,,-her right= :and Interest, , afcur,:od
<br />PROV 1111:1) Al tk )r S. and Ow— ,re,enl, air csecined .end Sell, vled twon The f,diowms; Condition" to %.It
<br />the :1(orli agor agree> ni pat to the `Io teagee air, oiler , the principai ,tat ;,f Fi ft Eqq Fhit TTiwusand, One
<br />Hundred Fifty .and No /100ths - ----- D"IL :r,1,,, 98.00
<br />whit Interest 'loin date i the atc .,t Eight and one half .- wilin I 8.500 -. 1 per annum on
<br />the unptud hallowe until paid The + iid prmcipai .Ind inters +I 'hail he pa%ohic al the office of Superior Mortgage, Inc.
<br />P.O, BOX 2008
<br />In Grand Island, NE 68802 . +r .A wch other Mace its the holder of
<br />the note in: ?y designate it ,.mine. in inonthf,. m,liOlment, of Four Hundred Forty -Seven and 12/10oths -----------
<br />------------------------------------- fhdiar, � 447.12 L comnicticurg on the first dal of
<br />July 14 86 ..mil nn the tu,t da, ,d e.;ch month thereafter unlit the principal and in-
<br />terest are fulls Prod, excCrt rh:tt Ib.e hn:d nakinew of principal and inlere,t. if not ,goner paid. ,ha,:i he title anti
<br />payable ore the hr,l day of June, 266 tai .ending ti, the term. „f :, cci t:itn pivmt,-
<br />,ory tier of Cscn date htrrwtth �ke.cuted by the,a;J !llortgagnr
<br />The %tortgagor in order rwrc full: ro rr ote :t the sec till -f Itit, `tlor'.gage, agr.c,
<br />1 rhat he will ray the Ind ntednes,. a, hrreini cf ,re pro,tded
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<br />wPrivl T i)s reserved o 4y debt, in whole or in part, on any installment
<br />due d.ce,^ _�uJi��V
<br />Ihat, toltriher —1h, and in 75(iitiim to- the inunurth navrncnh of prin,tv.0 lmt mtere,i rati,,.Ne under the term, f the
<br />ne r senirr:f hrre -h} the V11ortrag >r .. nl ai 1,, rite Alortcagrr. +m the ht +i tat of cac h month tined the ,a3 note i, f nth raid. the
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