|
^�:: . � � k.:
<br />�� �
<br />�asr^ . . . . . � ....��
<br /> s�
<br /> t '
<br /> �� � � . ' •r � �
<br /> � ��,. �?Q�339 �
<br /> � �� � � Form Hi1D'No.6238-Neb. � � � � � �
<br /> .. . .(Sec.332 Loan) ,. � .. . . . � .
<br /> � � � �.��(Revised Aug.1970).� � . . . �� .. � . . . � � .
<br /> MORTGAGE
<br /> � This Mortgage made ae of the 22nd day of July . i9 77.between
<br /> ; Kenneth L.'& Ver8 L. Henman� HUSband & Wlfe (hereinafter called,and if mote thzn one party jointly and
<br /> severallp hereiaaftu called "Mortgagor"), residiag at 217 East 12th StYeet . Hall County,Nebrasaa
<br /> and the United States of America (hereinafter called "Moztgagee"),ncting by and through the Departmrnt'of Housing end Urban
<br /> Development haviog a Regional Office at 911 NoYth Walnut StT00t� K2nSaS City , and
<br /> Ssate of Missouri ;
<br /> . . .�WITNESSETH,.that to�secure�the paymrnt of��art iadebtednrss in the principal amount of SiX.ThOusBrid ThYeO� ' �
<br /> Hundred & no/100Dollars.(: 6,3Q0.�� ),with interest thereon, which shall be payable in accordance with a
<br /> � �. ��cectain note,bearing eyen date�6erewith, a true and corcect copy of which, exclusive oE the signamre of.the Mortgagor, mariced � �
<br /> � � ' � � "Schedule A"�is annezed hereto and�made�n pari hereof, and all other indebtedness which the�Mortgagor is obtigated to pay�to� ,: �
<br /> the�Mortgagee��putsuant to the provisions oE the Note and this Mortgage, the Mortgagot hereby grants, conveys and mortgages� . �
<br /> to the Mortgager.
<br /> . Tbe following.described property situate in H811 � � County,Nebraska. ��� �
<br /> Lot Two (2), in Block Thirty Nine (39), in Russel Wheeler's
<br /> Addition to the City of Grand Island, Nebraska
<br /> �
<br /> .i
<br /> p
<br /> � TpGETHER,�with afl appurtenances thueto and a❑ the estate and rights of the Dfortgagor in and to such�prope:ty oz in � ��
<br /> '�; �. � � �anywise appertais�ing.thereto;� a❑�buildings and other structurcs now ot hereafter thereon erec[ed or insialted,. and all fixtures � .
<br /> � � ��and artides of personal propezry now or hereafter attached to, or�used in, or in thr operations of, any such land, buildings�or . .
<br /> .. �. structutes which are�nccessary to the complete use and occupancy of such 6uildings or structures fot�the purpose fot which they� � �
<br /> .wete.or are to be erected o�installed, including, but not limited to all heating, plumbing, bathroom, lighting, cooking, laundry, �
<br /> ��. ���ventilating,�refrigerafing,.incinecating, and eir-conditioning equipment and fixtures and all replacemrnts thereof and additioas � ��
<br /> � .thereta,whether or not the same arc�or shall be attached to such lanJ,building4 or structures in any manner, � � �
<br /> �k . TOGETHER, with any aad all awards now oc hereaftet m¢de Fot the taking oF the property�mottgaged hereby,�or uay � � �
<br /> � �patt thereof (including any. easement), by the ezercise of the power of eminent domain, including any award for change of .
<br /> . � � . 'grade of any.street�or other roadway, which awards�are hereby assigned ro the�Dlortgagee an<1 are deemed a part of the property . .
<br /> � ��� � mortgaged.hereby,�and the Mortgagce is heroby�authorized to collect and reccive the proceeds of such awards, to give proper � �
<br /> ^; �� . ��teceipts and�acquittances thereEoq and to apply the same toward the paymrnt uf the indebtedness secured by this Mottgage, nori � ��
<br /> i���. . withs[anding the fact that the amoun[owing thetcon may not thea be due and payable; and the Mortgagor hereby agrees, upon
<br /> ` �� � �request,�io make,execute and deliver any and all assignmeuts and othor instruments sufficirnt for the purpose�of assigning eacb „ � �
<br /> . �such�awatd�to the.Mortgageq free, cleat and discharged of any encumbrances of any kind or nature whatsoever;and . � � � . . �
<br /> f . � � �� �TOGETHER,with all right,.title and intcrest oE the Mortgagor 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 othet rights and interests being hereinafter collectively callyd the "mortgaged properiy"). - �
<br /> � � � TO� HAVE AND,TO HOLD the mortgaged property and every part thereof unto the Mort,Gagee, its successors and aseigna � �. � �.�. .�
<br /> � .� forever��foc.t6e.purposes��and�uses herein set forth. �� : �
<br /> f� . � . � AND the Mottgagos further covenants and agrees with the Mottgagee, as follows. . . � �
<br /> � . � 1_The Mor[gagor wiU promptly pay the priacipal of and interest on the indebtedness evidenced by the Notq and ell othot . . � �
<br /> �� charges and indebtedness provided�therein and in this Mortgage, at the times and in the manner provided in the Note and ia �� .. �- .�
<br /> i�. . �� this Mortgage. �� . � � . � � . . � ..
<br /> . � .� 2.The Mortgagot will pay,when due, as�hereinafter provided, ai! ground rents, if any, and all taxes, assessments, watez � � �-
<br /> � . , rates.and other�govotnmental �d�atgez, fines and impositions, of every kind and nature whatsoever, now or hereaftet imposod on . . . . ..
<br /> � � � �the mortgaged property, or any'part thertof, and will pay when due every amo�n[ of indebtedness setured �by any lion to whieh � � � � � �
<br /> � � � � � the !irn of lhis :�lortgage is ezpressly subjaL � � .. � � �
<br /> . �3.�This Mortgage.and the�Note were executtd and�ddivered to secure moneys advanced,or to be advanced, by the Mottgagee . . .
<br /> � � � aa or��on�account of�a�loan ecidenced by the Note, for the purpose of makiog ehe improvements described or roFcired to in � � . . �
<br /> the Specification and bid sheet daced March 14 , 19 77,to or on che
<br /> �� mortgaged ptoperty,aad�fot such othtr.purpose,iF any, described or�referred to therein, which improvemeats are huenfter collec- � � �; ���
<br /> � '���� ... tively�-called�"Improvements.^�The'Mortgagor..shall make�or cause to be made all the Imptovements. If the construction or ' ""� � `
<br /> '. insWllntioa of�.the Improvements.shadl noL�bt carried out with reasonable diligence, or shall be discontinuod at any time £oz . ; �M' � �
<br /> any teason, other.than strikes, lockouts, acts�of God,�.fires, fioods or other similar catascrophies, riots, wat or iasurrection, the� � � � �� �
<br /> � .,. Mortgagee aftet-due notice.to the Mottgagor��is hereby.suthocized (a)to enter upon the mortgaged property and employ any watc6-�. � . � -� �''
<br /> � men.to protett.�the Improvements�from depted.atioq or���iajury: and to preserve and protect such property, (b) to�carry out any � �, _.��+'.�
<br /> o . . . . . . . ,ya; ;. .. . .
<br /> � or alt�then ezisting contracts bete�eea �the Mortgagor�md other parties for the purpose of making any of the Improvements,
<br /> �.�� ��� {c) to-make sac'��cata in:o additional mntricks a¢d iacut ablzgaticns for.the p�tposcs c; completing thc Impro•remcn:s puzsu�t � �� � ����
<br /> ��� - to the obligations of the Mortgrgor�herenndeq�either in the name�of the Mnrtgngee nr�hr Mortgagor,nnd (d)to pay xnd dixharge � � �' �
<br /> : : �...� . . . . . ... . .. . � .`: .
<br />� �,..-�... .. . . . � � � . .. .. . .. . � . �� �
<br />�..•:� . - � . .. � . . . .
<br />
|