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<br />83-002664
<br />MORTGAGE
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<br />This form is used in connection
<br />with mortgege$ insured under the
<br />one- to four.family provision$ of
<br />the N~tional Hou'sing Act.
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<br />r
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<br />THIS MORTGAGE. made and executed this 17 th day of May ,A.D.
<br />1983 .byandbetween Brian K. Rasco and Regina G. Rasco, husband and wife,
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<br />of the County of Ha 11 . and Slate of Nebraska, patly of the first part, hereinafter called
<br />the Motlgagor. and Rothschild Financial Corporation
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<br />a corporarionorganized and existing under thelaws of the S tat e 0 f Mi nne so ta
<br />patly of the second part. hereinafler called tbe Motlgagee.
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<br />WITNESSETH: That the said Mortgagor. for and in consideration of the sum of FORTY -THREE THOUSAND TWO
<br />HUNDRED Al\!D Noll QO----------------------------- Dollars ($ 43,200.00' ), paid by the Morl-
<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 Motlgagee, its successors and ...signs. forever, Ihe folJowing-described
<br />real estate, silualed in Ihe Counly of Hall ,andSWle
<br />of Nebraska, to wit:
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<br />~ctional Lot Four (4) of the County Subdivision of Lots
<br />Thirteen (13) and Sixteen (16) and Part ot Lots Eight (8)
<br />Eleven (11), Twelve (12), and Fourteen (14) of County ·
<br />SubdiVision of SE\ SW\, Section Sixteen (16), TownShip
<br />Eleven-(ll). North Range Nine (9) West and Fractional
<br />Lot Five (5), in Fractional Block EIght (8). 1n Elm Place
<br />Addition to the City of Grand Island, Hall County, Nebraska.
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<br />of the Sixth Principal Meridi.n. wnlilining III ""
<br />men! SQf\'ey:
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<br />Ii'S>; than three
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<br />.l<.~res according lu Govern-
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<br />TO HA V E AND TO HOLD Ihe plelll"", ,,\}.,". < "c"ribed, with all the "ppurlcnuncc, Ihereunlu bell>nging and including
<br />all heahn8~ plumbing and lighting thturc~ and equipmC"ot no\\.' ur here,after .au...ched lu or u~~d in CQone~tion with said real estate
<br />unto the Mortgagee. and to il~ ~Uc'e).,ori\ un4 a~'Slgnii. fO.ft\'(L The Mortgagor n.'presenb [0, and covenants with, the Mortga-
<br />gee. thai the Mortga!!or has g"..>d right tu ,ell and "unvey ,aid prtmi,e,; thai they are free fmm encumbrance; and thaI the
<br />Mortgagor will warrant and defend lhe same again't lhe lawful <:Iaim, of all penon' whom"",ver; and the said Mortgagor here-
<br />by relinquiws all fightH,r homestea<!. and all manial rights. ell""r in law ur in equity. and all ol""r contingenl interests of Ihe
<br />Mortgagor in and to the ao.ne.Jc"-'fihed premi,e" t"" intcntion being lu "unvcy hereby (In .bsollue title, in fee simple. includ-
<br />ing all rights of homestead. and other nKhh and Interest> a, afore",id.
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<br />I'ROV!DED AI.. WAYS, and I"""" pre'enh Me e.,e"uted and delivered upun the f"Uowing cnodili"n,. to WII:
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<br />The Motlgagoragree, In pay 10 the ~h.ngagee, Of <\fder.the principal 'UIll of FORTY-THREE THOUSAND TWO
<br />IWNURED AND NOll Oo-_____________________________I)O"lIal>!S 43,200.00 1,
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<br />with inter.Slllom d.le atth. late "I TWELVE pel' centum ( 12.000 %) per annum on
<br />the unp;tid balance unld paid, Th. said principal 'tod inler.,t shall be pa~'able allhe ollice of Rothschild Financial
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<br />Co"'''IH:ation ,Tl<>gree of HOllor Building, SI. Paul, Ramsey County, Minnesota
<br />.,. 111- , or at $uch other pla<:f as Ihe holder of
<br />lhe nole may designate in ...riting. m moolhl~' iru.tallmenrs of FOUR H\JNDRED FORTY-FOUR A..'1D 53/ lOO------
<br />-------------------------------- ~lar~,,(S 444.53 L commencing on [he firSII..!;iY of
<br />July . 1<Ja3 ,and "n the hrsl d:lY ,)f ea"h month thereafter ulllillhe principal "nd in.
<br />tere.t are fully paid. exc.pt thaI the final payment of prmcipal and inlerest. if not "",net paid, ,hall he due and
<br />payable ,to the fir.t day of June. 2013 ,all according 10 I"" term, of:l certain pn>mi,.
<br />"'ry note ul even date herewilh e,eculed h the said Mortgagor.
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<br />Tbe Mortgagor in order lll"'C fully to protc<:tlhe s<curil) of Ih.. Mortgage. ag,ees;
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<br />L 'ThIot be win pay lhe indebled""". a. hereinbefore provided, l'rivilege h re,en'ed to pa, the debt in whole, or in an
<br />1ODll)ljnt eqllllllO<me Of mOfe monthly payments on the principalt""t are next due on I"" note. I'n the first day "f any month
<br />prior 10 1tIa!1!l'it,.: Provided.. /jo'....\'tr. That wriUen flulice of an intention !lJ nerds< ,uch privilege i, given :It lea't thinl' 1301
<br />dlty' prior to ",cJ!l\ymen!,
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<br />2- 'J1;iU..t"""I~I"'i1h..lId InadditiM 10, the nll:mthly paY'llle'!!> of priocipal and intere.t ""yable under the lernb of th,.
<br />0(!4l: >el:i!ortdbere,by, iheMCtl~! willpay It> the Morlgagf;e. on the fusl da, ,,1 each ID"nth ullt.] the 'ai~ note i, fully paid, the
<br />r""",w1lli!ollllu:
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<br />fa) Am,~llt wftldffill<> I'lUV!de the hol<kl he,eor wilh funds to pay th. f1<X1 mollgag<: illSU,",". ",.nuum If fill>
<br />m~\julllllft! JI/lj) tlw nole _Ul~ hereby al. iWIIlIed. O! .~ monthly L'h;jJ~e {In /i"1) at a marrgage in.ll'/ll1lce {.If".
<br />miulllJif~ .fe!lecld by '-'1<: StnelUy or Hoomg and C,b.n lli!ve!op",,,nl, 'IS fc~l"w,
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<br />HJ H' M~4 $4J h.mi it;5 $aid tintfi -;;d "ell tl:att!' and thu HUrnlT1lcnt ,H'C lflWi~d I.H a,re fi:'"m:}\IH.'d Undtf {he prv
<br />'i~ t;.( lht" Nil-tlt<rim Uounfij Ae:t.) ;10 ~moutH jnnl-~'rH to ~~'('umtd.}ff(~ tJi tile hara:b ul tjw !i-l"l1d(~l ,.tH\.'
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<br />~ ':H..t\_-.1-t.'J!<<. W';.~h ~ &t- .\-.~j UMH ~ Illi fhdi>l'Ul"h,'d
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<br />H... IE q~ NEIlJlAS"'"
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