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<br />PHIS MORTGAGE, made andtxecuted this 27 day of ~i1 .A.D.
<br />19 79 ,try and betwera Wallace F. Feutz II need Cynthia E. Feutz, '".:~1~.~,u and wi.fs
<br />of the County of Hall .and State of Nebraska, arty ~ the first part, 6ereia)fter cafiee!
<br />ttx 2afartgagor, and ,
<br />Mortgage Plus Znccrporated
<br />a corporation orgarrized and existing urtder the taws of the United States O£ i3n1Er1Ca
<br />party of the second part, tKSeinafter caned the Mortgagee,
<br />WTfNESSETH: That the said Mortgagor, for aed in consideration of the sum of Fifty Three Thatssard Fight Htadsed
<br />Fifty artd 40/100~ ---~-- Dollars (S 53, $50.00 ), paM by the Mort-
<br />gagee,"the recerpt which is hereby acknowledged, has Granted and Sold and by these presents does Grant, 13ar-
<br />gaia, Sell, Convey and Conftrm unto the Mortgagee,sts successors and assigns, forever, the faifowittg-desuibed
<br />real estate, sitrrated to the Courrty of Hall . alai Stott
<br />of Nebraska, to wit:
<br />Iat Three (3), Bishop Heights Second Stxiivision, Hall Cautery, IJebrasha.
<br />Wes' ~~~
<br />of the Sixth Principal Meridian, containing in all County Property acres according to Govern-
<br />ment survey:
<br />TC) HAVE AND TO HOLD the premises above described, with alt the appurtenances thereunto belonging and irtciuditrg
<br />all'heating, plmnuing and lighting fixtures and equipment now or hereafter attached to or used in connection with said real estate
<br />unto the Morigagte, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortga-
<br />gee< that the Mortgagor has good right to-sett aad convey said premises; that they are free from encumbrance; and that the
<br />Mortgagor wilt warrant artd defend the same against the law#ut claims of alt persons whamscevtr; and the said Mortgagor htrre-
<br />by retittquishes allrights of homestead,-and alt martial rights, either in law or inequity, and all other contingent interests of the
<br />itfartgagortn and to the alive-desm"tied premises, the intention-being to convey hereby an absolute title, in fee simple, irtclud-
<br />irrgaittights of homestead:and-other righ#s and interests as aforesaid:
<br />PROVIDED ALWAYS, and these presents are executed and delivered upon the following condieions, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee. or order, the principa[ sum of Fifty Three ThotLSard Eic~1t Huildred
<br />rf 00/100ths ---- Dollars (S 53, 850.00 ),with interest from
<br />da Zpit per centum ( 10.00 ~) per annrrm on
<br />the unpaid balance until-paid. The said pnncrpal and interest shall be payable at the office of Mortgage Plus ZnQOrporated
<br />in Fnglrrwood, Colorado or at such other place as the holder of
<br />the note may designate in wnnttg, in monthly installments of Four Hundred Seventy Rtao and 80/100ths
<br />Dollars (S 472. $0 ), commending on the first day of
<br />Jtme . 19 79 ,and on the first day of each month thereafter until the principal and in-
<br />terest aze fully paid, except that the final payment of principal and interest, if not sooner paid, shall be due and
<br />payable on the first day of May 2009 ;all according to the terms of a certain promis-
<br />sory note of even date herewi#h executed by the said Mortgagor.
<br />The Mortgagor in order more fully to protect the security of this Mortgage, agrees:
<br />1. That he wilt pay the indtbtedntss, as htreinbefore provided. Privilege is reserved to pay the debt in whole, or in an
<br />amountequal to not or more monthly payments ~n the principal that art next due on the note, on the first day of any month
<br />prior to mortally: Provided, however, That written notice of an intention to exercise such privilege is given at least thirty (30)
<br />days priorto prepayment.
<br />2. That,. together with, and in addition tn, the monthly payments'of principal and interest payable under the terms of the
<br />mote secured hereby; ttie Mortgagor wilt-pay to the Mortgagee; on the fast day of each-month until the said note is fully paid, the
<br />:~foliowin; sums:-
<br />" (a) "' Amount sufficient to prot+fdt; the holder hereof with funds to pay the next mortgage insurance premium if this
<br />instrument and the Hate warred heteby are irtsured, or a monthly charge (in lieu of a mortgage inwmnce p-e•
<br />mlrttnJ if they aze held by thtSe¢retary of Housing and Urban Development, as follows:
<br />(I) if and so long as i<aid note of even daft arid 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 the holder one
<br />STATE OF N~BRASICA
<br />P,BYIOL! Ed1tiONt 8re otfi0)QL6 _ rHA-2763M )t0-77)
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