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<br />i This form is used in connecti
<br />MORTGAGE on
<br />�1 with monplses insured under the
<br />3 21- 10 99033 -2 03 one• to four family provisions of
<br />the National Housing Act.
<br />101254
<br />17th December
<br />8WHIS MORTGAGE, made and executed this, day of A.D.
<br />�y tweet David R. Waldron and Jacqueline K. Waldron and Ttr1ras R. Waldron and
<br />Sandral6 husband and wife and husband and wife
<br />of the cowdy of Hall and Sate of Nebraska, party of the first part, hereinafter called
<br />the 4ortr 4pr, and
<br />Occidental /Nebraska Federal Savings Bank
<br />a corpmadoa orpoirad and existing under the laws of Nebraska
<br />patty of the second part, hereinafter called the Mortgagee,
<br />ESSETH: That the said Mortgagor, for and in consideration of the sum of Forty Thousand . and
<br />no/100 ------------------ ------------------------ - - - - -- Dollars (S 40000.00 ), paid by the
<br />Morilpaw, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bargain,
<br />Sed, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following- described real estate, situated
<br />in the County of Hall and State
<br />i of Nebraska, to wit:
<br />A tract of land located in the Southwest Quarter (SWl /4) of Section 28, Township 9
<br />North, Range 10 West of the Sixth P.M., Hall County, Nebraska being described as
<br />follows; Beginning at a point 40.00 feet east and 45.00 feet north of the Southwest
<br />Corner said Section 28; thence N 00 degrees 00'00" E (assumed bearing) parallel with
<br />and 40.00 feet east of the west line said Southwest Quarter Section 28, 305.00 feet;
<br />thence N 89 degrees 47'55" E, parrallel with the south line said Southwest Quarter,
<br />t 452.00 feet; thence S 00 degrees 00'00" W, parallel with said west line, 80.00 feet;
<br />thence N 89 degrees 47'55" E, parallel with said south line, 100.00 feet; thence S
<br />00 degrees 00'00" W, parallel with said west line 225.00 feet to a point 45.00 feet
<br />€ north of said south line; thence S 89 degrees 47'W' W, parallel with and 45.00 feet
<br />north of said south line, 552.00 feet to the place of beginning.
<br />;1
<br />Y
<br />i
<br />3'
<br />of the Sixth Principal Meridian, containing in all acres according to
<br />Government survey:
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging and
<br />including all heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with
<br />said real estate unto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants
<br />t: with, the Mortgagee, that the Mortgagor has good right to self and convey said premises; that they are free from
<br />encumbrance; and that the Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever;
<br />and the said Mortgagor hereby relinquishes all rights of homestead, and all martial rights, either in law or in equity, and all
<br />other contingent interests of the Mortgagor in and to the above - described premises, the intention being to convey hereby an
<br />absolute title, in fee simple, including 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 — Forty Thousand d no /100
<br />--------------------------- --------------- -- - - - - -- Dollars ($ ),
<br />F
<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 office of
<br />M Occ'deTiAt��,l/N r lea Federal Savings Bank or at such other place as the holder of
<br />the note may designate(hF g�Rt<installments of Three Hundred Thirty Six and 35/100- - - - - --
<br />---------------------------------------
<br />'Dollars (S 336.35 ), commencing on the first day of
<br />Febr�ta ry • 19 8 ,7and on the first day of each month thereafter until the principal and
<br />interest are ally paid, except that the final payment of principal and interest, if not sooner paid, shall be due and payable on
<br />the feat day of January 2017: all according to the terms of a certain promissory
<br />f note of even due herewith executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />1. That he will pay the indebtedness, as hereinbefore provided. PRIVILEGE 1S RESERVED TO PAY THE DEBT,
<br />IN WHOLE OR IN PART, ON ANY INSTALLMENT DUE DATE.
<br />2. Thu, together with, and in addition to. the monthly payments of principal and interest payable under the terms of
<br />the note WAtred'.hereby, the Monnaltor will pay to the Mortgagee, on the first day of each month until the said note is fully
<br />r paid. the following suss:
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