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<br />MORTGAGE his ort, tS used in under ion
<br />one- t ortgpas i insured pr under the
<br />��yy one- to four•ferTrtly provisions of
<br />..:�!/ i the Netinnei Housing Act.
<br />�/ 10318 86- 101969
<br />THIS MORTGAGE. made and executed this 18th day of April A.D.
<br />19 86 , by and between Sattuel G. Schleicher, Patsy R. Schleicher, Husband and Wife and
<br />Steven .E.< Schleicher and Lorrie C. Schleicher Hus�ia�ttd aknd Wife
<br />of file Coan' of and 'State o Nebras a, pang of the first part, hereinafter called
<br />thcM°ngag °r' RirsTier Mortgage Co.
<br />a corporation organized and existing under the laws of Nebraska
<br />ps rtyof the second part. hereinafter called the Mortgage(,
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Twenty —Eight Thousand Seven
<br />Hundred Fifty Dollars and no/ 100----------------- •k4allars IS 28, 750.00 ). paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted a`.i Sold and by these presents does Grant, Bar-
<br />pin, Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the follow ing-descrihed
<br />real estate. situated in the County of Hall and State
<br />of Nebraska, to wit:
<br />Fractional Lot Eight (8), in Fractional Block Six (6) Wallich's Addition to
<br />the City of Grand Island, Hall County, Nebraska.
<br />Re—recording due to paytnent change
<br />The Rider to the Mortgage attached hereto and executed of even date herewith
<br />is incorporated herein and the covenants and agreements of this rider shall
<br />amend and supplement the covenants and agreements of this mortgage.
<br />of the Sixth Principal Meridian, containing in all 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 ail martial rights, either in law 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 />ingall rights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order. the principal sum of Twenty Eight Thousand Seven
<br />Hundred Fifty and no/ 100------------------ - - - - -- Dollars($ 28,750.00 1,
<br />with interest from date at the rate of Ten and One —Half pet centamt ( 10 1/2 %) per anmtm on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of FirsTier Mortgage Co.
<br />to 8712 W. Dodge Road, Omaha, NE Y�A �ti �{j e ,s� Che holder of
<br />the note in designate in writing, in monthly installments of I*b Doti. -- --
<br />TbpO Hl>ZS ed Sixty TWO and 99/1001fars IS 75-_r—.M 25Y I, commencing on the first day of
<br />June 19 86, and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that the final payment of principal �t8�6interest, if not sooner paid, shall be due and
<br />payable on he first day of May all according to the terms of a certain promis-
<br />soty note kit even date herewith executed by the said Mortgagor. '
<br />The Mortgagor in order more fully to protect the security of this Mortgage, xgre
<br />1. That he will pay i'ie indebtedness. as hereinbefore provided. rtfc �jtigq�bi��if#fi41H
<br />7Ci7tlf8t KtIt011iVt011q�YAIY +X3f#FjXF1f1It
<br />aAtlplhNt atdtoCrotiOnittN >iab�[r?fPrARilyWlfi
<br />2- That, together with, and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee. on the first day of each month until the %aid note is fully paid, the
<br />Lfollowingums:
<br />(..i) Amount suffio:oent to prorttie tilt holder hatcttf with funds to itay the next nut:tgage Insur:n cc ptenuunt tl tilts
<br />tnsttument and the note secured hereby are Insured, ui - -mthly diarge im hca raj a morigggr utsurance prr.
<br />rxcucnr tt they are- held by the Seerctary of ftousing and t `,hmi Ik ;0'q'! trnt. a, follows
<br />Of 11 and so long ;u swd note crf evert date and Ihu ;nxtrunrint sue mauled "T arr rcutsured under the in..
<br />s xtonx nil tit? idatonnal If tng. Ata, an .twowit siilhj tent at,urtNSlatc m the h:uo is of 111, ! I;ri ,ax
<br />} t. ;TAI! OF Nf WRASKA
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