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<br />MORTGAGE This form is used in connmian
<br />he
<br />. wdM`mornges °.inwnd undo the
<br />.. one- m fow4wn"y prowsiont of
<br />W* Wtiond Housi" Aet.
<br />-104013
<br />THIS MORTGAGE: made and executed this 18th day of July A:D.
<br />19 86 , by and between Gerald L Jacoby and ` 1lerlene F Jacoby, Husband and Wife
<br />of the County of Hell , and State of Nebraska, party of the first part, hereinafter called
<br />-.the Mortgagor, anif ' First National Sank & Trust Co of Kearney
<br />a corporation organized and existing utter the laws of the United States of America
<br />party of the second part: hereinafter'called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and inconsideration of the sum of Sixty —eight thousand fift
<br />Dollars and no /lE]Oths-------- - - ---- _-- _-- �Ifars (S 68,050.061 ). paid by the Mott-
<br />gagee, I 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 'Nineteen (19), in Marvlane Subdivision, Hall County, Nebraska,
<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 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 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 followingcor�itions, to wit:
<br />The Mortgagor agrees to ppay to the Mortgagee. or order, the principal sum of Sixt1 eiht thousand fifty
<br />Dollars and no/ 1a0ths------------------------ Dullarsts SP,,050.oia
<br />with interest from date at the rate of Ten------ - - - - -- per centuin ( 10.000 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of First National Bank &
<br />Trust Co of 15earnev n 0 Box 578 or at such other lace as the holder of
<br />"n 6earnev Pleb aska 68848 p
<br />the note may designate in writing, fn monthly installments of Five hundred ninety —seven Dollars and R(ineteen
<br />Cents------------------- - - - - -- Dollars (5 597.19 ), commencing on the first day of
<br />September , 1986 , 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 be due and
<br />payable on the first day of August 201_S : 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
<br />"Privile a is served t - _ .. .. ,art,,,, on an
<br />g pay the debt, in whole or in part, on am
<br />installment due date,
<br />2. Thal, together with, and in adds " o e moot y ay ents of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay t the Mortgagee, on the first day of each month until the said note is fully paid, the
<br />following sums:
<br />Nd
<br />Replaces FHA- 2143M. Which May tae used until Supply is Exhausted
<br />STATE OF NEBRASKA
<br />HUD 92143M (9 79)
<br />124 CI R 2073 1 1(a) e, at)
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