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<br />s--- 104368
<br />MORTGAGE This form is used r connection
<br />with mort�ges iniv I under the
<br />one- at tnal H Housing Provisions o�
<br />the National kousing Act.
<br />THIS MORTGAGE. made and executed this 2nd day of August A.D.
<br />19 86 .by, and between Curtis G. Sherrill and KayCee D. Sherrill, Husband and Wife
<br />of the County of Douglas . and State of Nebraska, party of the first part. hereinafter called
<br />1heMortgagor,and Superior Mortgage, Inc.
<br />a corporation organized and existing under the laws of the State of Nebraska
<br />party of the second part. hereinafter called the Mortgagee.
<br />WITNESSETH: That the said Mortgagor, for and inconsideration of the sum of Sixty Six Thousand Six
<br />Hundred and 00/ 100ths ------------------------- Dollars (S 66, 600.00 ). 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 Hall and State
<br />of Nebraska, to wit:
<br />Lot Twenty Seven (27), Block Seven (7), Unit One Continental Gardens, an
<br />Addition to the City of Grand island, Hall County, Nebraska
<br />of the Sixth Principal Meridian. containing in all acres according to Goyern-
<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:md equipment sow 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 aid 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 con ey 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 Six Thousand Six
<br />Hundred and 00/ 100ths ------------------------ Dollar0S 66,600.00 I•
<br />with interest front date at the rate of Ten and one half per .entunn ( 10. 5 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall he payable at the office of Superior Mortgage, i nc .
<br />in Grand Island, NE 68802 or at such other place as the holder of
<br />r .:. the note may designate in writing, in monthly installments of Six Hundred Nine. and 22/100ths -----------
<br />m. -------- ---------------- -- - - -- i ollars t S 60q , 21 I. conunencing on the first day of
<br />aa' 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 he due and
<br />payable on the first day of August ir(Ubcdl according to the terms of a certain promis-
<br />sory note of even date herewith executes Dy the said `lortggagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgagee, agrees:
<br />1. That he will pav the indebtedness. as hereinhefore provided. P13k&f@7fH3tt4xti{d43f tXS i33Ct7 HitVtE]dAlh4dthas>$xutttt.�:ttt
<br />)*ffXX9f4GXtf4VtC X 4t9�C 11 Privelege is reserved to pay debt, :n whole or in part, on any insta:!-
<br />men*. due date." CGS -, AL&--
<br />rhat, together wt and in addtfton to, the nionthiv 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 sain note is fully paid, the
<br />following sums:
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<br />• ) 4TATE r)r NEnn ASKA
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