8fi-- 10399.3
<br />MORTGAGE This foam it used connection
<br />with m«tgsyas Inwnd andsr the
<br />one- .to' ffour- family;. provisions of
<br />the National Housing Act.,
<br />THIS MORTGAGE, made and executed this 18 th day of July A.D.
<br />19 86 , . by and between GA 0, H. EKL
<br />and LilOA„ K. EKLLs KS8M0 1110 MIFF
<br />Of the County of HALL and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, slid . Superior Mortgage Inc..
<br />P.O.' 90X',20118, ,
<br />Grand Island, NE, 68802
<br />a corporation organized and existing under the taws of the State of Nebraska
<br />party of the second part, hereinafter called the Mortgagee,
<br />WiTNESSETH: That the said Mortgagor, for and to consideration of the sum of Forty Eight Thou nd i r'
<br />Hundred Fifty and No/100ths ---- --- - - -- -- ---- ---------- -- Dollars (5 48,950.00 paid�iyi�1e 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 wit:
<br />LOT TWENTY TWO (22), ROSS- THEASMEYER SUBDIVISION, IN HALL COUNTY, NEBRASKA.
<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 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 Eight Thousand, Nine
<br />Hundred Fifty and No/ 100ths -- -- ---- ----- --- -------- -- ---- Dollars ($ 48,950.00 ),
<br />with interest from date at the rate of Ten per centutn ( 10,000 < ) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of Superior Mortgage, Inc.
<br />P.O. BOX 2008
<br />in Grand Island, NE 68802 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Four Hundred Twenty-Nine
<br />---------- __ _________ _______ ___- Dollars ( 29 ?, %n? �iMhe $at dy -
<br />of
<br />--pt embe , BP 6 an4on .e
<br />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 be due and
<br />payable on the first day of Au9uat 2016 : all according to the terms of a certain promis-
<br />sory note of even date herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage. agrees:
<br />1. That he will pay the indebtedness, as hereinbefore provided.)ttl9r�I1CR IPA71X fllEk7tRllXllkR JHIXifi/f
<br />SUN"Pr�iv ilo s reserved o pay debt, in whole or in part, on any installment
<br />due "t
<br />tar, together with, and the ents of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the M gagee. on the first day of each month until the said note is fully paid, the
<br />following sums:
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<br />lSitil!(% �TiI7 HfiiSKYJUEi1fXiGiitifK1tK7 61FX ttX i4igi) licxK% 1WkXXJtlrci� %i61t %IUU114>A�Yxltltltx
<br />STATE OF NEBRASKA
<br />- 14U )�92143M (9 -79)
<br />Replaces FHA-2143M, Which May Be Used Until Supply is Exhausted l2.1 cr )` 't)3 1 ;'0
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