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<br />a3....Q01t'f 12
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<br />MORTGAGE
<br />
<br />This form is used in connection
<br />with mortgages Insured under the
<br />one- to -four.family provislons of
<br />the National Housing Act.
<br />
<br />THrs MORTGAGE, made and executed tbis 31st day of May
<br />19 83 .byandbelween Kevin A;' Brostrom, a single person
<br />
<br />,A.D.
<br />
<br />of the County of
<br />the Mortgligor, and
<br />
<br />Han
<br />Superior Mortgage, Inc.
<br />
<br />,and State of Nebraska. party of the firs/part, hereinafter called
<br />
<br />a col'jlOtation organized and exislingunder the laws of Nebraska
<br />party of the seeond part. hereinafter called the Mortgagee,
<br />
<br />WITNESSETH: ThaI the said Mortgagor, for and in consideration of tbe sum of Forty Eight ThOUs~ndSeven
<br />Hu dl;ed F'fl:; and NO/IOOths------------ Dollars($ 48,750.00 ),pa,d by tbe Mort'
<br />gallee, the rece'p~ 01 wblci; "Yben'tiy aal.nowTeaged. bas Granted and Sold and by tliese presents does Grant, Bar.
<br />gain, Sell, Convey and Confirm unlo tbe Mortgagee, its successors and assigns, forever, tbe following-described
<br />Ie'll eSlate, situaled in the County of Hall , and Stale
<br />of Nebraska. to wit;
<br />
<br />Lot Fourteen (14), Nottingham Estates Subdivision, in the City
<br />of Grand Island, Hall County, Nebraska
<br />
<br />of the Six,th Prin,ipal Merldian. cc)nUlJnin~ in aJf
<br />Jl1t'ot surve~';
<br />
<br />acres a..:..:on.ling to Gu\'ern~
<br />
<br />TO HA VB AND TO BOI.[) the prern"e' "be"" ue""bed. '\ltb all tbe appunenances thereunto belouging and including
<br />aU heating, plumbing and fighting oxture..,. and Ci:IUlprnen\ ndW Uf hereafter atta,hed to or UScJ in (onuection with said real estate
<br />unto the Mortgagee. and to irs 'UC(:e"'5or~ and i\:!Ojigns. forever- The Mongagor repr~~ents to. and covenanb with.-the Mortga-
<br />g<<. that tbe Mortgagor ha~ good f)ghl !l,) seH and Ci.)nv~y ...aid premises; thut they aft: free from encumhrance: and that the
<br />M-ortgagqf will warrant and derenu tht: .;;time again~l the lJ.wful daims j,)f ail per~ons- y,-'homsot:\icr; anti the said Mortgagor here-
<br />by relinquishes an rights l)f homc:;lead. ;ind all martial righl~. e-jther in law l'r in ~quity, and .loll other (ontingent interests \)f the
<br />Mortgag.or in and h) the abo\'e-uescrihed premise'!. the intention being hJ (oovey herehy an ab~l)lufe title, in fee simple. includ-
<br />ing all rights "f homesteild. and other rigb" and intere'h;ls afore,aid.
<br />
<br />PROVIDED ALWA YS, and these pr"ents are e'ecuted and delivered upon the fnliowmg conditions. to wit;
<br />
<br />The Mortgagor agrees to pay t(l the Murtgilgee, 01' <>fder. tbe poncipal sum (If Forty Eight Thousand Seven
<br />Hundred Fifty and NO/IOOths----------- Dollar> ($ 48,750.00 I.
<br />
<br />with interest tront d.le at the fale ot Eleven and One-Half p,:r ,'cfltUnl (
<br />the unpaid balance until paid, The said princ,pal and interest shall be payable at the oRice of
<br />
<br />11.50 ) per annum on
<br />Superior Mortgage, Inc.
<br />
<br />in Grand Island, NE 68801 . or at such other nlace as the holder (If
<br />the note may designate in writing.. in monthly installments 1'( FOliIr Hundred Eighty 'l\<o and 77/100ths-------
<br />________________ Dollar, (s 482.77 l. nlllllnenclllg on tne first day of
<br />July ..' 19 83. and nn'the lirst day of each lI1(lntb thereafter until the principal and in.
<br />terest are fuli" pili,], except that the tinal payment of principal and intcrest. if not 'ooner paid. shilll be due and
<br />payable on the firstda, of June, 2013 : all acconJing to the terms of " certain prmnis,
<br />sory note of even. date herewith e,eclIted br the said Mnrtgllgor.
<br />
<br />The M,Qf,tgagvr in orde:r mure fully to prOle-ct the ~~curity of lhi~ ~\,hJrtgagc. a,gfec~:
<br />
<br />L Th.1t he "'iUray the indebtedness. as bereinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />amoun1 equal {() 01le. Or more monthly' p"yUlen\> on the principaltbllt are next due (In the notc. on the first day. of any lIIonth
<br />prior to Rlatufitr; Pi()yide{l~ however. That written filJlke of an intention to e-\erci~t' :ouch privilege l., given ,.It lea~t thirty (10j
<br />days pri,)! 10 prel>l\yment.
<br />
<br />1. thA~~ It)~tbtr "dth.. and in additlufi-tVt the_ Illvntb-t, pa;-ments of prindpal and in[trc~t Pi.lFthlc ul1Jer th~ term~ of the
<br />~IIO 'e.~me-d"het"hy, the Mor18ag;..r will NY 10 the Mortgagee. on the tiTSt day of e.ach montb until the ,all! n(llc is fully paid. ,he
<br />(ollowilllt~I!l':
<br />
<br />ta.l AjTH}U-Ilt-s~nlc~nt to pruvlg~ the holder herevf whh funds. h> pay The.: pe-xt monaagc insIHaw,:r;' p,~m1Um lllhi...
<br />i,.j~t!unUin~ arid tilt nufe $.et.::ured h-et-ct\) are iJJS-l,tfifUt- m a ITli.,mthl} ~hargc fin/lt'-Ii !,lIa murr:~ax.(' insu.ranc~' J-'te
<br />m.himl i~' ihtf3tt held hy dw Se<.:r\'tary or Housing aHd tlrO>1H Devclop$f~-cn t. J.~ foHOW5-
<br />
<br />n> if and ~()- h:mg ~}.-_\itj.d n9{t.~ {~t even datt' "m~ Hul\. Hbllum,mt :H..... Ul5AJil;J d .Ht' )\;HbtHi.'d tm~k, the lH'-'
<br />",-'bJl-jJJ~ i)f UHC NaUon.;d J~-(:i't.Hi-:in~ i\~t~ ;.in .am~.'lHH "uffidtmt :..t ;}l:UjtnUlat~ )fl ~ht' hJlli..b .;;1 tht: hIL]\:'[ ,'li'.'
<br />
<br />~ep->_..:t ~f"A-1~4)'M, Wh<-j-1-* M.~' fJo.; l~ lJ"tii SM'Pf)ty (;" '~-<lH"'l.~
<br />
<br />Sl AlE Of NEtlAASK/..\
<br />O{un:1~~J4_1M '() ~1~
<br />:'4 r.TH }f,fl 1 fj;Ji
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