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<br />/}'1� 103----- -
<br />$6 ORTr AGE This form is used in COnd" the
<br />i with mortgages insured under the
<br />I one- to four - family provisions of
<br />the Nation! Housing Act.
<br />'THIS MORTGAGE. made and executed this 24th day of June A.D.
<br />19 86 by and between Andrew J. Zavala and Kathleen J. Zavala, Husband and Wife
<br />of the County of Hall
<br />the Mortgagor, and FirsTier Mortgage Co.
<br />a corporation organized and existing tinder the law, of
<br />party of the second part, hereinafter called the Mortgagee.
<br />and State of Nebraska, party of the first part. hereinafter called
<br />Nebraska
<br />WiTNESSETH: That the :aid Mortgagor, for and in consideration of the %urn of 'Thirty -Seven Thousand
<br />Nine Hundred Fifty and no /100----------- ---- -- Fhllars (5 37,950.00 1. paid by the Mort-
<br />gagee, the receipt of which is hereby acknowledged. has Granted and Sold and by these presents does 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 wii:
<br />The West Seventy (70) feet of Lot Two (2) and the West Seventy (70) feet of
<br />the North Forty Seven (47) feet of Lot Four (4), in Block Nineteen (19), in
<br />Scharff's Addition to West Lawn in the City of Grand Island, Hall County, Nebraska.
<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
<br />ment survey:
<br />acres according to Govern-
<br />TO HAVE AND TO HOLD the premises above desciiioed. with all the appurtenances thereunto belonging and including
<br />all heating, plumbing and lighting fixtures and equipment nook or hereafter attached to or used in connection with said real estate
<br />unto the Mortgagee, and In 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 it:.- lawful claims of all persons whomsoever: and the said 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 to the above - described premises. the intention being to convey hereby an absolute title. in fee simple. includ-
<br />ing all rights of homestead. :md ether rights and interest> 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 Thirty—Seven Thousand
<br />Nine Hundred Fifty and no/ 100--------------- )utlarst�37,950.00
<br />with interest from date at the rate of Nine and One -Half per centuni ( 9 1/2 %) perannunt on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of FirsTier Mortgage Co.
<br />in 8712 W. Dodge Road, Omaha, NE 68114 -3494 , or at such other placc as the holder of
<br />the note may designate in writing, in monthly installments of Three Hundred Nineteen and 10 /100 ------
<br />Doilars (S 319, ].0 ). Commencing on the first day of
<br />August 1, . 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 and interest, if not sooner paid. shall he due and
<br />payable on the first day of July 1, 2.016 : all according to the terms of it certain promis-
<br />sory note of even date herewith executed by the said klor. rigor.
<br />The Mortgagor in order more fully to prntect the security of this Mortgage. agree.:
<br />I. That he will pay the inde :tedness. tits hereinbefore provided. Pri+itaee +.sever+ed to fnpthe c}altt pit wire, k_;.ere4*+kft K
<br />e+nan egvat teem tN on th,,prmcipai--tharnr ,..._ d l,Zrn-rhr -Hole. arrthe- fir , clay tit anF tmztstk
<br />tft+er-+A rutat+xfi yy— + row' de' d- IK,#vie4rr,= FMftrn*tit! "entice ,f- mintr.. anrrrtr*r+er frpticifegeireivs'tr 11 nsttitirtrt` t1&
<br />urstalL datevilege is reserved to pay ttte debt, in whole or in part, on any
<br />2. That, together with. and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />mole secured hereby, the Mortgagor will pay to the Mortgagee. on the first daq of each month until the sail note is fully paid, the
<br />following sumo
<br />(a) Amount su'fiuent to prw ide the huller he,cof with folds tO id) the next :norigage insurance prcnttunt :f till,
<br />inattuincnt and the note wcwcd iterehv die m'Iffed, m -t rm i'thiv charge itn liru ,;t a ;r.,;rr atr rgsuram o pre -
<br />milli:'; tf ihev M" IlMd h., the se,I.Aaiv oCtlorustnkmid L:rhan D velopmeat. is fellows
<br />i[1 11 and s.. lonv .j_ said lase <,f -vvf) ,late anti tats : stony -w .ire Ifl". °.I r �tutsured a ^dtt 'hi III—
<br />atp -uutt sul icier;t to acI_urnul.t!e I ;e !:ruts 01 :,hc !:ti .-, .
<br />STATE Of NEBRASKA
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