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a Corp(
<br />party a
<br />This form is used in connec-
<br />tion with mortga=es insured
<br />MORTGAGE under the one - to four- family
<br />provisions of the National'
<br />Housinc Act.
<br />Ss- I AI R
<br />S M01ttGAGE, made and executed this 14th day of July A.D.
<br />by and between Robert L. Knapp and Cat}�erine E. Kna hu ba d and wife
<br />uutyotf jointly and eaEn in t�e�r own'righi,
<br />Ball and State of Nebraska, party of the first part, hereinafter called
<br />ytgor. and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LINCOLN
<br />Lion organized and existing under the laws of The United States of America
<br />he second part. hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and inconsideration of the sum of Forty One Thousand Fifty and no /100
<br />Dollars (S 41050.00 ), 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 bell and State
<br />of Nebraska., to wit:
<br />Lot Thirty Two (32), Potash Subdivision,
<br />Hail County, Nebraska
<br />of the Sixth Principal Meridian. containing in all city property 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 beating, 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 ,ell 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 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, 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 Forty One Thousand Fifty and no /100
<br />Dollars (S 41050.00 ),
<br />with interest from date at the rate of Ten per centum ( 10.000 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of First Federal Savings
<br />and Loan 49oeiat ion of Lincoln . or at such other place as the holder of
<br />the (rote may designate in htollm immments of Th
<br />Dollars (S 36(i.r Hundred Sixty and 42/100
<br />), commencing on the first day of
<br />Septo%be r • 19 8&nd on the first day of each month thereafter until the principal and in-
<br />(crest are fully paid, except that the nal payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of A u , 2 6 ; all according to the terms of a certain promis-
<br />sory note of even date herewith execs 6y the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of thus Mortgage, agrees:
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<br />dsyo}rio r4*Vrupartrrem. Privilege is reserved to pay the debt, In whole or in
<br />part, on any installment due date.
<br />2. That, togethet with. and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />11019 wowed hereby. the Mortgagor will pay to the Mortgagee, on the first day of each month until the saill note is fully paid, the
<br />following sums.
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<br />1101) Q143M (9.791
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