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79- ~.~ f1 ~ 4 ~ ~.
<br />31-02-0057
<br />l0iIORTGAGE
<br />This form is used in connec-
<br />' flop with inartgAgea insured
<br />under the one- to four-family
<br />provisions of the National
<br />Housing Act.
<br />THIS MORTGAGE, made and executed this 19thday of March ,A.D.
<br />19 79 , by and txtween Mark W. FTeilartd and Carpi L. Weiland, ht>_sb~artd and wife
<br />of the County of Hall ,and Stott of Nebraska, pang of the first pazt, hereinafter called
<br />the Mortgagor, and ,
<br />Mortgage Plus Irsoorporated
<br />a axi€paration organi;<ed and existing under tht taws of the Ltnited States of Attt~rica
<br />party of the second part, hereinafter catled the Mortgagee,
<br />WfTNESSETH: That the said Mortgagor, far and inconsideration of the sum of malty-N.is1e I`!'tot]sartd Nin2-Htutdr2d
<br />at>~1 00/100ths -- Dollars ($ 29 , 404.00 ), P~ by the Mort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sotd and by thest presents does Grant, Bar-
<br />gain, Setl, Convty and Confirm unto the Mortgagee, its successors and assigns, forever, the following~escn'bed
<br />real estate, situated in the Connty of Ha].1 ;and State
<br />of Nebraska, to wit:
<br />Easterly Fifty Feet (E50`) of Lot Two (2), in Block Sixty-Seven
<br />(67) in Flheeler and Be1'trtett's Seocrtd Additi~t to the City of
<br />Grand Island, Hall Cotuaty, Nebraska.
<br />of the Sixth Principat Meridian, containing in all city property acres according to Govern-
<br />taientsurvey:
<br />TO HAVE AND TO HOLD the premises above described, with alt the appurtenances theeeunto bekanging and itactuding
<br />ati heating, plumbing and lighting fixtures and equipment now or hereafter attached to or used in connection with said teat estate
<br />uma the Mortgagee, and to its successors and assigns, forever. The Mongagor represents to, and covenants with, the Mortga-
<br />gee, that the Mortgagor has good right ro sell and convey said premises; that the9 aze free from encumbrance; and oust the
<br />Mortgagor wilt warrant and defend the same against the lawful claims of a21 persons whomsoever; and the said Mortgagor here-
<br />by relinquishes al! rights of homestead, and all martial rights, either in taw or in equity, and all other contingetst interests of tht
<br />Mortgagor ita and to flat above-dtscribed premises, the inteation Ming to convey hereby an absolute-tide, in fet simple, includ-
<br />ing all rights of homestead, and other rights and interests as aforesaid.
<br />FROViDED ALWAYS, and these presents are executtd and delivered upon the following conditions, to wit:
<br />The Mortgagor agrees to pay to tht Mortgagce, or order, the principal sum of Tvt~laty-Nine Z7lousarK3 N1rte--Hitradred
<br />ate 00/100ths -- Dollars E$29,900 A0 ), with interest from
<br />date at the rate of Nine and Otte half per cennam ( 9.50 °!~) per annum an
<br />the unpaid balance unfit paid. The said principal and interest shall be payable at the office of NDZ'tgage Plus Incorporated
<br />in Englewrx~d, CGli-,ratio , or at such other place as the holder of
<br />the Holt may designate in writing, in monthly installments of Ztvo-htmdred Fifty-~'te and 46j100ths
<br />Doitazs ($ 251.46 ). commending on the first day of
<br />1979 ,and on the first day of each month thereafter until the principal and in-
<br />terest art fully paid, except t~ythe final payment o{ principal and interest, if not sooner paid, shall be due and
<br />payable on the firstday of April 2009 ;all according to file terms of a certain promis-
<br />sory note of even daze herewith executed by the said hfortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage. agrees:
<br />f. That he will pay the indebtedness, as hereinbefore provided. Privilege is reserved to pay file debt in whole, or in an
<br />,,.,~, amount equal to oae or more monthly payments an the prinetpal chat are next due on the Hate, on the first day of say month
<br />prior to maturity: Pi-prided, however, That written notice of an inuntion to exereist such privilege is givtn at oast thirty (3(i)
<br />days prior to prtpaYment.
<br />'"`~ 2. That, together with, and in addition to, tht monthly payments'of pritscipat and intues; payable under the terms of the
<br />mote secured hereby; flat Mortgagor wilt pay to dse Mortgagee, an the first dap of each month unn7 the said note isfully paid, the
<br />fottowirtg sums:
<br />(a} Amount sufficient to provide the holder hereof with -funds to pay the next mortgage insurance pretnium if this
<br />instrument and dte note secured htrebg are insured, ar a monthly charge (fn lieu of a mortgage insurance pre-
<br />rrtiuntJ i€ they are field by the Secretary ot'ifauging and urban Development, as follows:
<br />(£) If -and so long as said note of egen date and this instrument art insured or are reinsured under the pro-
<br />visions of the National Housing Act, an amount sufficient to accumulate in the hands of dte holder one
<br />STATE OF NEBRASKA
<br />Pr8':ious Editions ara Obsolete FHA-2943M tt 0-77)
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