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MORTGAGE Tam s YSSA wnnection
<br />with mortgagK insured under the
<br />ore- to tour- tatnily provisiorn$ of
<br />the National Housing Act.
<br />321- 1057374
<br />86- 1U432s
<br />THIS MORTGAGE. made and executed this 1st day of August A.D.
<br />186 ,by and between Steven Heath and Glenda M. Heath, Husband and Wife, and Carroll D.
<br />Heath and Hiomis`Heath, Husband and Wife
<br />of the County of Hall and State of Nebraska, party of site first part. hereinafter called
<br />° the Mortgagor, and
<br />Occidental /Nebraska Federal Savings Bank
<br />a corporation organized and existing under the laws of Nebraska
<br />party of the second part. hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Sixty Thousand ne.
<br />Hundred and no�1 10. --------------------------- - - - - -- &'liars (S �Ob10- 00 �• paid by the Mort-
<br />gagee, the roceip o which is hereby acknowledged, has Granted and Sold an y ese presents does Grant, Bar -
<br />pin, 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 Thrity —One (31), Westroads Estates Fourth Subdivision, Hall County, Nebraska.
<br />of the Sixth Principal Meridian, containing in all
<br />mentsurvey:
<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 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 Moriga-
<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 Sixty Thousand One Hundred
<br />and no/ 100----------------- ----------------- - - - - -- pollards 60100.00 ).
<br />Nine
<br />with interest from date at the rate of per centunl ( 9.000 1 per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of
<br />Occidental /Nebraska Federal Savings Bank
<br />i0maha, NE 68144 , or at such tither place as the holder of
<br />the note may designate in writing, in monthly insiallmentsof Four Hundred Eighty Three and 58/100
<br />Dollars (S 483.58 ), commencing, on the first day of
<br />September . 196 . 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 August 2016 : all according to the terms of a certain promis-
<br />wry 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 />I. That he will pay the indebtedness, as hereinbefore provided. PoWiWige is fvi em ej is pit) the tie ofi" whegie, "F :It em
<br />Privilege is reserved to pay the debt, in whole or in part, on any installment
<br />due date.
<br />2. That, together with, and in addition to, the monthly payments of principal and interest payable under the terms of the
<br />note secured hereby, the Mortgagor will pay to the Mortgagee. on the first day of each month until the said note is fully paid. the
<br />following sums:
<br />ST -ATE Or WanASKA
<br />riepiacan FHA 2143M, Winch mm 6e iised Until SuPPIV �� Enha�z4tetl 1 N ;1 14
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