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l�lO� i GAGE This .form is used in undo the
<br />with mortgages insured under the
<br />one -'to four- family provisions of
<br />the National housing Act
<br />THIS MORTGAGE, made and executed this, ', 17th " day of July A.D.
<br />19 86 ". by, andbetween Roland D. Seats and "Carol A. Rems "Husband and "'Wife
<br />of the County of Hall and State of Nebraska.party of the first part, hereinafter called
<br />the Mortgagor, and " FirisTier Mortgage Co.
<br />a corporation organized and existing under the larva of" Nebraska
<br />party-of the second part. hereinafter called the Mortgagee,'
<br />WITNESSFTHt That the said Mortgagor, for and in consideration of the sum of Forty —Two Thousand Two
<br />"Hundred` Fifty and no/ 100------------------ - - - - -- -Dollars($ 42,250.00 ), 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 onto 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 Nine (9), in Block Three (3)`, in Pleasant View Addition to the City
<br />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 t3ii:s rider shall amend
<br />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 fighting 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 —Two Thousand Two
<br />Hundred Fifty and no/ 100------------------ - - - - -- Dollard$ 42,250.00 1•
<br />with interest frorn date at the rate of Ten per cenn,ni ( 10 s j per annum on
<br />the unpaid balance until paid. f•he said principat and interest shall he payable at the office of FirsTier Mortgage Co.
<br />in 8712 td. Dodge Rd . , Omaha, NE 68114 -3494 or at such other place as the holder of
<br />the note may designate in writing, in monthly ins( ;dlments of Three Hundred Seventy and 77/100 ------
<br />Dollars IS 370.77 1. commencing on the first day of
<br />September • N 86• and on the first day of each month thereafter until die principal and in-
<br />lerest are folly 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 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 securiry of thi. 6111119agc. agree,-
<br />.
<br />I. 'That he will pay the indebtedness, as hercinheforc provided. L' , Ocliis ryra>F aai-i drMttie wlrerFr— t+rtit+ nn -- Q�i
<br />a e ual to on r th""" AW+fJ. 4ff.t#�tate - list - the fir ch ef- tttrwnernt�r-
<br />p a.rr .«�reuch, rrivifegeisgiverrat ktstthirtg N1)
<br />d Privilege is reserved to pay the debt, in whole or in part, on any
<br />��4 ttt Aa
<br />A *in addition to, the rnonihly payments of principal and interest payable under the terms of the
<br />note secured herehy. the ?Mortgagor will pay to the Mortgagee. on the first day of each month until the sai8 note is fully paid. the
<br />following sums:
<br />(a) Amount sufficient tv pn,vide the holder hereof with funds to pay thr nest mortgage insurance prenuum if this
<br />tn5lr1111'erlt and flu: nwte scat« d hereby arc insured, of a nwnthh chaige I'm rnu rja nrnr {gage• insurance pn-c-
<br />muwn) it they ate held lay 010 Secictary �d Ilousmti :ind tlthan Dr,"01o11mc111. as follows:
<br />tft ff and so lung Al saki nMe of a•ven date and this myIRintfnl .;re mauled u1 :ire icutsined undci the pf"
<br />visions of thy- iVatnoaai lik osini; Act. an annomil "111f1 !cw 10 :1, ci.lmuWC It' 1110 hands 0! 010 holder r:nc
<br />Sf ATE OV NEBRASKA
<br />Iii ill
<br />14W �9 191
<br />Rspiperps f q ^,��43yt1. Wn�d May ire Unr.•d i!rt, 'supply tal r� aI
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