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<br />86-'', 105703
<br />Y
<br />MORTGAGEwith
<br />This form is used in connection
<br />mortgages insured under the
<br />one- to four - family provisions of
<br />the National Housing Act.
<br />THIS MORTGAGE, made and executed this 6 th day of October A.D.
<br />19 &6 , by and between RANON VALENCIA, A SINGLE PERSON
<br />of the County of HALL , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor,and SUPERIOR MORTGAGE, INC.
<br />P.Q. BOX 2006
<br />GIIA D ISLAND, HE 68802
<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 />W ITN ESSETH: That the said Mortgagor, for and in consideration of the sum of Twenty Nine Thousand r Eight
<br />Hundred and No/ 100ths--------------------------------- - - - - -- Dollars (S 29,800,00 ),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 THREE (3), IN BLOCK ONE (1), IN GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />"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 thereunw :,elonging 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 Twenty Nine Thousand, Eight
<br />Hundred and No/ 1100ths------ ----- ------- ---- ----- ------- --- Dollars (S 29,800.00 1,
<br />with interest from date at the rate of Nine and one half per centum ( 9.500 % ) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the olfice 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 Two Hundred Fifty and 57/100ths ------------------
<br />------------------------------------- Dollars (S 250.57 1. commencing on the first day of
<br />December . 19 % 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 November, 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 />t. 'That he will pay the indebtedness, as hereinbefore provided. >*Plklxi
<br />dot*." Rrivil 1 reserved to pay debt, in whole or in part, on any installment
<br />clue .w
<br />2. That, together with. and in ad n 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;
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<br />STATE Of NEBRASKA
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