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<br /> ?��. ��1�7� ` REAL ESTATE /VIQRTGAGE
<br /> � ,. M��V1N"W. iMILLif�MiS /#NO PA'tRICiA D:. WILLIAMS, husband and wife, each in his and her own
<br /> r-ight and as spouse.ofi.the Qther:.
<br /> � ���' P�the.Goan of � 'Ha t I and State-M._fdebra5�.a ��hereinafter^called�:the� � � � � �
<br /> � � � party of ttie first'part;ia �
<br /> �� coaslderationoL �7H���IR7'Y-Sf'X�THC3USAND F£1UR WI�IdDRED AND NO/I��:Oq - ------ ---- - ---"w nOLI;ARS:.
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<br /> , ia:hand�,aaid.dd heeelrY 8rant`'bazgain;.;se11 aatL+coaveY'unto the Some,Federal Savinqs&Loaa1lssociation af.(3rand Islaad, '' � ,'
<br /> � ,; .;, •, ".: .: : . ��,� . ' , ., t. � �;: . ` a
<br /> g C'rraiud IsLaud,Nebr�slca;snd.3�s'sncce&sora Snd emsigns�.the fOIIowLnP,teal estate.s[tuated in Ha I I S``
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<br /> r ; GtruntY+State oL e6r J�� , towit;
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<br /> ? I.OT.SEVE[�tTY�-TNREE, LE HE I GHTS FOUF2TH SUBD I V I S I ON� MALL COUNT`f, "'"
<br /> +." ,� � NEBRt�SKA �� ' '
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<br /> �' 'Tagefher with a1l.the aPPurtenancea thereuato belonging, and all covenanYs in ali the'htle deeds*!:*�;�g with said mai,estate, ; ��
<br /> + amd a11 the iQnts;iasues and prqfits arLsing t6erefrom after defanit,:in perFormance of any coveaaat or coaditioa herein con- ;
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<br /> � t�ined; and,warraats the title thexeto perfect and clear eacept for this mortgage. �
<br /> � Ducing the time:tbis mortgage is in force the mortgagors agre:�.:•
<br /> ' First. To gay ali tvices and speeial assessments levied against said premises, ineluding all.ta:ces and assessments levied `�. � '
<br /> � upon Yhis martga�e, or the debt secured by this.;mortgage.
<br /> �, � ' Secoad.: To keep all $uildin$s thereon insured'against loss by fire,lightn�ag and tornadu ia some campany,to be ap� �
<br /> � psroved hy the said I�oare Fe@eral Savings&Loaa Association of Grand lsland ia the=sum of$ I n su�a b 1 e Va 1 u e ;for �
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<br /> ' ; the benefit bf the said Asscetation;and its_successors or assigns; and to deposit said policies with said Association;and shalt;not S ;
<br /> �', cammit or suffer any waste on said premises, and shall pvt and keep said real estate buildin�s and improvements in pood.
<br /> ,.i order.
<br /> � Thfrd. To pay er cause to be paid to the Aome Federal Savings& Loan Association of Graad Island,its suecessors,or
<br /> x assigms, the suw of'F TH I RTY-S I X THOUSAND FOUR HUNDRED AND'NOf t 00 ------------------�OLLARS, ``
<br /> pa,vable as:fallows:
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<br /> � � $36,40C1.00 QU� APR I L I, I 978
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<br /> :� ' wEt1�interest;thereoa.payable,according to the tenor and effect o4 the one eertain first mortgage note of safd;morkgagors, � ;
<br /> " bearing. even date with these presenEs. After maturity sai+d bond dratva interest at the rate of nine per cent per annum.
<br /> . "'' If ssid.taxes and assesansents aze not paid when due; or if the.buildings on said premises='are not insured as above pro .,. ,
<br /> ! vided,or if any o4 said iatereat is xiot paid when due,then�aid whole debL ahall become due immediatelg,at the option of the
<br /> , • said Associakion,and shaii,.theseaftek.draav inter@st at the ratc of niae per cent.per,enauln.
<br /> � The mortgagor hereby assign— to said mortgagee all rents and income arising at any and all times from said � �.
<br /> pro�erl,y and hereby autharize ssid mortgagee or its agent,at its option, upon default, to take charge of said property und
<br /> ' crr3lect all xeuts aud income thetefrom and app�y the same tn the payment of interest', principal, insurance premiums, iases '
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<br /> � assassments, regairs or improvements necessary ta keep said properLy in tenantaiale condition, or to other charges or pay ;
<br /> • menta:grovided for herein or in the note hereby:secured_.Thls ren�-assignment shall cnnfinue in foree.untzl t6e°:unpaid bal- �
<br /> axue of.said ttote is€u11y.paid.The takin�of possessioa hereuader shall in no manuer preveni or retard said mortgagee in �
<br /> the collestioa of said sums by foraclosure or otherwise.
<br /> " Whether said de6t becomes due by lapse of time, or by reason of the failure of the party of tlxe.first part to compiy
<br /> ' " wi4h aayscondititin herein, khe said°Hpme Federal-Savings BsLoan Association.of Grandlsland, t�e successors end assigns, �.'`
<br /> " SIsaII-have the rlght to begi¢ the foreclosure of this mortgaSe at once on the whole debt hereby seaured, and xa include
<br /> i � thereia all.tiuces, gsseaaments. 3nsurance Premiums and costs�Paid by it or thean; or said Association, its successors or '
<br /> ' a��.us, may��foreclOs+e.oaly.as���to the s;cm past���.cYue, withoat injury to thls mortgage, or the�displacement or�:impairment
<br /> � mf Yhe lieg.thereof ��.,.
<br /> ° And t�e�i�aid first party and the makers of said note, espec3ally agree and declare that the separate estate o� each and
<br /> every,nus of them imcluding both that.now owned amd that hereafter acqyired, 3s pledged und bound for the:payment;oE � ;
<br /> ^ tkaF:debC hereby secu:ed. � �
<br />, ; A f t e r t h e c o m t m e m c e m e p t o f a n y.s u t t S n f o r e c l o s u r e t h e p l a i n Y i f f t h e r e i n s h a i l b e:e n t t t i e d t o t 3 a e i m m e d 3 a t e.p o s s e s s i o a o f �
<br /> ,� � :saicd-;Pr,em�s„ead.khe;aPBointmeat of a reeeiver<therefor,>:aotwithatandiag they may be the homestead:af the occupant and �
<br /> ,�„� � . �att.vMltLs�aading the.F���es lia.bls fvr W�.debt sna,v be solvez►t,and#he#irst P�F hereby consents to the aPPointment.af a , ';
<br /> ROcc�ixe�'�upoa the'p�odnc#3on o£ f.his indenLure,without ot]zer evideace.
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<br /> p� ? � .,;Tlie,faiegoiqg ccsnditi�p»s-aad,aS�acents,-a31 and singular,being fa1�i';PerEosmed.#his.conve9anee.shall be void, oLher- i w`r r.'?c, ;
<br /> , �wise�.o be and,�•n,a;�,in futl force and;effeet,
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