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~""~' VIJasVa7~
<br />~~3~~1q~-''q~02 -~Gs2p~2r 3p ~v
<br />lYiR.J~ 1 VPt'~~.A~
<br />Thin form is used in eonnec-
<br />' lion with mortgagee insured
<br />under the one- to tour-family
<br />provisions of the National
<br />Housing ~,tt,.
<br />THIS MORTGAGE, made and executed this 3ISt day of August ,A.D.
<br />19 ?9<byand between Douglas L. Hollers and Msrleen Hollers, husband and wife
<br />of the County of Hall ,and State of Nebraska, party of the first part, hereinafter called
<br />the Mortgagor, and Mortgage plus Incorporated
<br />acurporadonorganiudandexistingunderehelawsof the United States of America
<br />party of the second part, hereinafter called the Mortgagee,
<br />WITNESSETH: That the said PAortgagor, for and in consideration of the sum iif Forty Three Thousand Five
<br />Hundred acid QO~lOQths -- ------------- ~Itars(543,500.00 1. paid by the Mort-
<br />, gagte, the receipt of w ich is hereby acknowledged. has Granted and Sold and by these presents dots Grant, Bar-
<br />' gain, Selh Convey and Confirm unto the Mortgagee, its successors and assigns, forever, the following-described
<br />real estate, shoaled in the County of Hall ,and State
<br />of Nebraska, to wit:
<br />Lat Eight (8) in Argo Third Subdivision, Hall County, Nebraska.
<br />also known as: 103 Solar, Alda, Nebraska.
<br />of fire Sixth fhincipal Meridian, containing in al! County property acres according to Govtrn-
<br />mentsurvsy:
<br />i`O HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto bek>nging and including
<br />all heating, plumbing and fighting 6xttires and egitipment now or hereafter attached to or used in conrtection with sail real estate
<br />umo the Mort@ee, and to its susssssors astd a£siens, forever. The Mortga~r rtprtsents to. and covenants with, fix *dortga•
<br />i~t, that the Mortsagor has Bond right to seL and canvev said premises, that they are free from encumbratict, and that the
<br />'aonaa~x tit warrant and defe-rd ttte san;t against rise tan fu! claims of sit ptrsoas whorr~sc~ver, and ills seed Mert~gor here=
<br />by [tlintiuishes alt rights gf homestead, and all martial r%hts, eiti~r in law nr in quity, ate w,tl vihtr ~tti:it in;matt; ~)
<br />Mortg~2rr in and to tilt abovt~tscribed prtmises, the intention bring to convey hertby an absolute tick, in fee sfmpk, iscind-
<br />it}ga~rrlgtilS nt-ti~+mestead, a1tiI other rights and tntefe5t5 a5 atOreSald. --
<br />I~ROVCDED ALWAYS, and these presents are executed and delivered upon the following conditurns, to wit:
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principa! sum of Forty Three Thousand Five
<br />Htuidred and 00/100ths ----- ik?Ilars(3 43,500.00 >,withintaestirom
<br />date at the rate of T'Pn per centum ( 10 . 0 Q r?c) per anmim ort
<br />the unpaid kralance unu paid. ills said principal and interest shall be payable at the u~ee ai Mortgage plus Incorporated
<br />in Englewood , Colorado or ~ t such other place ~ s tie h l~r of
<br />the Holt may designate in writing, in monthly utstailments of Three Hundred l~igiity One an~ 93 pl00ths --
<br />lAiflars tf; 381.93 1, commendiugi,n the first day of
<br />OC sober , I9 7 9, and on the first day of tech month thereafter until the principal and in•
<br />ttrtst art; fully paid, except €hat the firtal ae ens of pri~L and inrertst. if not owner paid, shall bt dot and
<br />payable on the first day of Sept~sitser 9 : at1 ack~xding to the terms of a etnain ~umis-
<br />sory iro[t of even dale herewith extLUttd by the said Mc?n~gor.
<br />Tht Mortgagor in order mart fully to pratert the security cif this Mortgegs, egrtes:
<br />t. That its will pay the iiu~btsdness, as hereintxfore prausded. privilege it rextrved to pay the dsbt in whole. ~ in an
<br />amount equal to one or more monthly payments oa the principa! that art next dot on the note. on the first day of any month
<br />prior tri maturity: f'rttvitfeC, I~wevtr, `T'hat written notice of an intention w exercise such privilege is given at feast thirty t34)
<br />days prior to prepayment.
<br />2- That, tr+gether with, and in addititnt ter, tilt monthly pauments of principal and interest payabk under the hems of fix
<br />Holt sttnred hertby, the Mottor will gay to the Mortgagee, on the fast day of tech month until the saitl note is fully paid. the
<br />following sums:
<br />(a} Amount sufficient to grovide tat holder htteof with furais to pay the next mortgage insurance premium if this
<br />itistrutnont end the note itecured hertby are insured, or a tnunthly charge (!» Iietr ~J'a mortgapre insumncc pre-
<br />rntttmJ if they art bald !-y the Secrotary of Hott~tg end Urban Developttrent, as follows:
<br />(I} if and so long as said note of even dots and this instrument are insured or art reinsured under the pro-
<br />vistona of the. National Iiousirtg Act, an amatint 3uffit:icnt to aei:umulate in the hands of the holder one
<br />Praviour Editions are t)Exoteta STATE OF NEBRASAA
<br />- FHA-Zt49M 190-7t)
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