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This form is used in connec- <br />tion with :mottg*M +insured <br />MORTGAGE under the one- to four - family <br />provisions of the National <br />8G-- , `107008 Homing Act. <br />THIS MORTGAGE, made and executed this 5th day of December A.D. <br />19 86 .by sad fx4weea Edwin R. Sisson and Dian G. Si son hvsb R and wif - <br />of a ea n t Eir. otrrt rtriatter <br />of tbe:Couaty of Ha21 and 5titeeb. party of tke lust part. <br />the Mortgagor• sad FIRST FEDERAL SAYINGS AND LOAN ASSOCIATION OF LINCOLN <br />acorporalat organized and existing under the laws of The United States of America <br />party;of the second part. hereinafter called ?hrNortgagee, <br />WITNESSETH: That the said Mortgagor. for and in consideration of the sum of Sixty Two Thousand Seven Hundred <br />Fifty and no/100 Doflars (S 6 9750.00 ). paid by die Mort- <br />gagee. the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar- <br />pin. Sell. Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the fofiowingdibed <br />real estate, situated in the County of Hall and State <br />of Nebraska to wit: <br />-Lot Fifteen (15), Eaglewood Acres Subdivision, Hall County, Nebraska. <br />of the Sixth Principal Meridian. containing in all city property acres according 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 fighting 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 />We. 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,relinqui5bes all rights of homestead. and all martial rights, either in law or in equity. and ail other contingent interests of the <br />Mortgagor in and to the above- described premises - the intention being to convey hereby an absolute tick. 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 Two Thousand Seven Hundred <br />Fifty and no /100 Dollars ($ 6 ?750.00 ) <br />with interest from date at the rate of Ej.gttt arld one half per centum ( 8.500 %) per annum on <br />the unpaid balance until paid. The said principal and interest shall be payable at the orifice of <br />First Federal Savings <br />and Loan Aspciation of Lincoln or at such other place as the holder of <br />the note may designate Waww. is Dollars ists of tmdred Eighteen 4� on the first day of <br />F r r 14 87-3 on 1 first day of each month thereafter until the principal and in- <br />terest are fully paid, except l tie iYnal payment of principal and interest, if not sooner paid, shall be due and <br />payable on the first day of ; all according to the terms of a certain promis- <br />sory hole of even date herewithi & y thb =Mortgagor. <br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees: <br />1- -FI[se [ewilFpa}�t�-orilebMttess'aa' debt in-9d dr,-or -leant <br />aunt ew to }riawAl t-doe es like note:rn•H[e fist <br />W r <br />inelith <br />Privilege s reserved to pay the 'debt, in who a or in <br />part, on any inst;ailment due date. <br />That together with, and in addition to. the monthly payments of principal and interest payable under the terms of the <br />note;ec hereby, the Mortgagor win pay to the Mortgagee on the first day of each month until the saill note is fully paid, the <br />followingsnats_ <br />(y - -�Irs rto-►nor['i3e Mefiadderba if this- <br />oin <br />11860 +f they ar+ ------------------ <br />- ---f+�--- -if itiod as left as aid "W $left @W M - cacti+ net[ tare- unured erve-isn[auted•wider the pre" <br />--- - - - - -- iwsMtN get; dtNtm[is eFtheiteMieraee- <br />Nera,c , PM A a,+sM „d..a+ i*w ee ww urns wawti +c +,•ewad STATEmuo 2183m t9 <br />. ; <br />"S' <br />t,t <br />6 <br />