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<br /> 77- UO3`752 �
<br /> ��� Form Hf3D'I�io.6236-Neb. � , .�
<br /> � :_(Sec.312Loan)�.. � , . . . . � . . . - � . . � . ..
<br /> � (Revised�hug..1970) .. . . .. � � . � . . . � � .
<br /> MORTGA,GE
<br /> � This Mortgage made as of the 5th day of July , 19�7 ,betwern
<br /> GEriE F, dnd.M3b01,E. V8n C1eSve�FIttlSb8ild & Wif2(hereiaafter called, and if more than one party jointly an�
<br /> � � � severaliy�hereinafter��callod."Mortgagor"),�residing ai. '� 1009� NOYth� 03k� . � Hall . . . . County,�Nebraska � � �
<br /> �� � �and�the�United�States���of�America�(hereinaftercalled"Moitgagee"),acting by�and through the Departm�nt oE.Housing aad�Urban�� �
<br /> . � � DevelopmoMbaviag�a��Regional Office at �� �911 WalIIut Street,���Kansas City � � � � �. �d . .
<br /> : .' state of Missouri .
<br /> ;
<br /> � WITNESSETH, that to��secure the payment of an indebtedness in the principal amount of T0n ThouSBnd FOur . . � .
<br /> Hundred Dollars(a 1���t00.�0 ),with interest thereon, which shall be payable in accordance wit6 a
<br /> � certain'aotr-bearing�even date herea�ith, a�true and wrrect copy of which, exclusive of the signature of the Mortgagor, marked � � �
<br /> � "Sthedulc�A"�is�annexed hereto�and made a part hereof, and all other indebtedness which the�Mortgagor is�obligated to�pay to �
<br /> � the.Mortgagee pursuant to the�provisioas of the Note and this Mortgage; the Mortgagor hereby�grants, conveys and�mortgages
<br /> to ths Mortgagee: . � � � � . � � � �
<br /> � � �The following described pioperty situate�in � , H311 County,Nebrasica: �
<br /> The Northerly Fifty two (52) Feet and Eight (8) inches of Lot Six (6),
<br /> -in Block Thi.rty One (31), in Russel Wtieeler's Addition to the City of
<br /> Grand Island, Nebraska
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<br /> � � � � TOGETHER, with all appurtenances thereto and all ihe estate and rights of the Mortgagot in and to suth.ptoperty or in
<br /> ��'j� anywise appertaining thereto; all buildings and other structures now or hereaftet thereon erected�or instalied,� and al! fixtures � .� �
<br /> . aad articles of.personal property now or hereafter attached to, or used in, or in the operations of, any s�ch land,.buildings�or ���
<br /> structures�vhich are necessary to the complete use and occupancy of such buiidings oz structures for the purpose for which they � �� .
<br /> were or are to be�eiected ot�installed,including, but not limited to a❑ heating, plumbing, bathroom, lighting,�<ooking, laundry, ,- . �
<br /> ventilating, refrigerating, incinerating, and airconditioning equipment and fiztures and all replxcements thereof and additions � � �
<br /> � tl�ereto, whether or�not the same are or shall be attached to such land,buildings or structures in any manner, � � . � � � �
<br /> �TOGETHER,,wiih any and all awards now or hereafter made for the txking of the property mortgaged hereby,'or any � �
<br /> �� � pa�f�ffiereof� (including any easement), by� the exercise of the power of eminent domuin, induding any award for change of �
<br /> grade of any�street�or other roadway, which awards are hereby assigned to the Mortgagee and are deemed a part of the property . �
<br /> mortgaged heteby, and tht DSortgagee is hereby authorized to collect and receive the proceeds of such awards, to give proper � � � . �
<br /> receipts and acquittnnces thetefor, and to appty the same toward the payment of the indebtedness secured�by this Mortgage, not• �� � ��
<br /> withs[anding the fact that�the amoun[owing thereon may not then be due�and payable; and the Mortgagor hereby agzees, upon � ,
<br /> request, to makq execute and deliver any and ail assignments and other instruments sufficient for the putpose of assigning�each � .. �
<br /> + such award to�the�Mortgagee, free, clear and�discharged of any encumbrsnces of any kind or.nature whatsoever; and � . . � � '�
<br /> . � TOGETHER, with all right, title and intetest of the Mottgagor in and to the land lying in the streets and roads in front of �� �
<br /> and adjoining the above desctibed land (all the above described land, buildings, other structures, fixtures, articles of personal . . � . � .
<br /> property,..awards and other rights and interests being heceinafter collectively called the "mortgaged propetty"). . . � . ..
<br /> � TO HAVE AND TO HOLD the mortgaged property and every purt thEreof unto the bfortgagee, its successots�and assigas � �
<br /> � � forever for�the purposes�and uses hereie set forth. � � � � � . � � � � � � . � � � � � . ��
<br /> AND the ASortgagor further covenants and agrees with the Mortgagee, as follows: : � . . �
<br /> -�1�.The Mortgagor will ptomptly pay the ptincipal oE and interes[oa the indrbtedness evidenced by the Note,and al! othet � � � . �� �� �
<br /> charges and iadebtedness provided therein and in this Mortgage, at the times and in the maaner provided in the Note and in � � � �
<br /> � tfiis Mortgage:, � � �. . �. . . � �. � . .
<br /> � 2. The�Mortgngor�.will�pay,�when due, es hereioaftor provided, all ground rents, if any, and all tazes, assessments, water � � . � � � � � �
<br /> rates aad�othet�govetnmental charges, fines and impositions, of every kind and nature mhatsoever, now or hereafter imposed oa � .� � �
<br /> . the-mortgaged:property,ot�eny part�thereof,�sod wilt pay when due every�s�nount of indebtedness secuced by.any.lien to which � . �.� � � � .�� � �.
<br /> '� the lien of this Martgage is expressly snbject � � � � � � ��
<br /> � . � 3. This�Mortgage and the Note were e�cecuted and delixered to secure moneys advanced, or to be advancrd, by the Mottgegee � . �� � � �
<br /> � as or on-�acmunt of a loan�evidenced by�the Notq.for.the purpose o( rnaking the improvements described or reFerred to in �� � � �
<br /> we specification and bid sheet aated March 13 ,iv 77,to or oo �e
<br /> �" . � mortgaged�property;and�for such other�purpose,:if any,��desaribed or referred to�therein, which improvements are�hereefter collec- � "�?�� '��� +
<br /> � . �tivdy'�called �:"Improvements."'��� The.�.Montgagor shatl make.or �cause to�.be�made�.all�the Improvements. If�the construction�or . � - �,q'.' .
<br /> .. '� +�{ ..�
<br /> . installation af tho:�:Improvemenu�shall aot be��canied out with reasonable�diligence, or shall be discontinued at any time foi � �� � Yx
<br /> � �� wy ceasoa, other the.n s:rikes,.��lockouts, acts.�of God,.£ire�,��floods or other�similar�catastrophies, riots, waz:or,insurrec6on, the
<br /> �Mprtgagee aftu due noticr.to�the.Mortgagor is�hereby:authorized.(a) to eater��upon the-mortgaged�pxoperty and employ any watch- "
<br /> � � �men��to'�_protect��the�Improvements.�from depredatioa���or�inju{y and to preserve and proted�.�such property, (b)�to carry�.out any �� '�"'�
<br />_ � � � os all t#en existing contracts�.betweea the Mortgagor and�otk�er parties for_the.purpose.of making any of the I�provements, � .
<br /> � (c) to make aad enfer into�additional�conttncts�and incur obligations�for the puzposes of completing the Improvements putsuaat .
<br /> � ko the obligations�of the Mortgagoi.hereuadec,eithor iw the name oF the Moztg�gec or�ihe biortgagor,and (d) to pay and discharge „
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