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86.- ,1106487
<br />MORTGAGE This term is nob r connection uder
<br />ariM rn>,mgawa imured under all
<br />one- to four- famfly provirfom of
<br />the National Housing Act.
<br />THIS (MORTGAGE, made and executed this 6 th day of November A.D.
<br />h906 .byandbetween RICHND A. STURGEON AND JEANIE A. STURGEON, HLISIIAND AND WIFE
<br />of tlfe County of HALL : and State of Nebraska, party of the first part, hereinafter caiwi .
<br />the:Mo►tya{or.aid SMUIOR MORTGAGE, INC.
<br />P.O,. 801E 2006
<br />GRAND' "ISLAND, ME 60802
<br />a corporation organized and existing under the laws of THE STATE OF NEBRASKA
<br />party ofthegsecond part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said Mortgagor, for and inconsideration of the sum of Sixty Seven Thousand,, Five
<br />Hundred Fifty and No/ 100the- -- --- -------- ------------ - - - - -- Dollars ($ 67,550.00 " ). pad 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. Sed. 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 FOUR (k), BLOCK FOUR (4). IN BRENTWOOD SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COl1NTY,
<br />NEBRASKA.
<br />of the Sixth Principal Meridian. containing in all acres- ding 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 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 Sixty Seven Thousand, Five
<br />linradred Fifty aid Nor/ i( 1Oths---------- -------------- - -- - -- Dollarsl$ 67,550.00 ),
<br />with interest from date at the rate of Eight and one half per cenium ( 8.500 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shalt be payable at the office of SUPER ION MORTGAGE, INC.
<br />R.O. Box 200E
<br />in GRAND I SLAND, WE GM2 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Five Hundred Ni netean and ti0It00ths-------------
<br />------ --- ----- ------- ------ ----- ---- Dollars (S• 519.40 ), commencing on the first day of
<br />Jerwsry - 19 87 . and on the first day of each month thereafter until the principal and in-
<br />West are fully paid, except that the final payment of principal and interest. if not sooner paid, shall he due and
<br />payable on the fast day of Decembers 2016 ; all according to the terms of a certain promis-
<br />sory note of even date herewith executed hythe said Mortgagor.
<br />The Mortgagor in order mdse fully to protect the security of this Mortgage, agrees:
<br />l,.,Tlpii,he wiO.peY;the indetaedness, as heroiabefore provided, ,
<br />raiwrrnnrirrrnetrra >teirrrurrvyanrarrrrrw�a,
<br />tltt, la rihole or in part, on any Installment
<br />am of principal and interest payable under the terms of the
<br />to first day of each month until the said note is fully paid, the
<br />. STATC- 00 NFW MUA
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