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J 86-- 106861
<br />MORTGAGE This form is used in contieatioo
<br />with mortows insured urder the
<br />z one- to:four- family provisions of
<br />the National Housing Act,
<br />THIS MORTGAGE, made and executed this 26 th day of November A.D.
<br />1966 .byandbetwetn DAVID J. GLENN AND CINDY GLEAM, HMBAND AND If IFE
<br />ofthe County of HALL , and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor. and Stmlat MORTGAGE' INC.
<br />P.O., an "So
<br />GRAD ISLAND, NE EMU
<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 />W7�.� SSSETin Th�� said Mortgagor, for and in consideration of the sum of Thirty Six Thousand, Four
<br />H Ffty utd No/ ltts- ------- °- -------------- -------
<br />Dollars IS 36,450.60
<br />), paid by the Mort-
<br />tfagee. 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 />THE SOUTHERLY THIRTY -EIGHT (38) FEET OF LOT EIGHT (8), AND THE NORTHERLY TWENTY -TWO (22) FEET OF
<br />LOT NINE (9), BLOCK TWELVE (12), IN WEST PARK, AN 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 ahtwe described. with all the appurtenances thereunto belonging and including
<br />all beating. 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 />gce, that the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance; and that the
<br />Mortgagtx 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 fights of homestead, and other rights and interests as aforesaid.
<br />PROVIDED ALWAYS, and these presents are executed and defivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal sum of Thirty Six Thousand, Four
<br />Hundred Fifty and No/ looths -------------- ---------- ------ Dollars IS 36,450.00 ►-
<br />with interest from date at the rate of Nitre and one half per centutn ( 9.500 %) per annum on
<br />the unpaid balance until paid. The said principal and interest shall be payable at the office of SUPERIOR MORTGAGE, INC.
<br />P.O. BOX °S°
<br />in QIIAN O IUA D, NE 68802 or at such other place as the holder of
<br />the note may designate in writing, in monthly installments of Three Hundred Six and 49/100ths-----------------
<br />Dol'a9rlIS 306.49 1, commencing on the first day of
<br />February 'T , and on the first day of each month thereafter until the principal and in-
<br />terest are fully paid, except that jhe final pent of principal and interest. if not sooner paid, shall he due and
<br />payable on the first day of anuary ;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 sccurity of this Mortgage. agrees:
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