|
,-
<br /> r �
<br /> 7�' U06377
<br /> llClitTGACE
<br /> � MORTGAGE LOAN NO. � 22.A70
<br /> �a�onv wu�er�tt�t�esE�rrs:rn.� Harol d K. Ol son and Debra Ol son, each i n M s and her
<br /> ; orrr� rigbt and as spouse of each other
<br /> Atort�or.w6ether one or awre�in con�idantlo�of ehe wun of
<br /> Twenty Six Ttwusand Four Hundred and No/100-------- -------------------------- ��,�,��
<br /> bued to uid mod�yot by The E4uiudie Buildu�sad Lwn A�wci�tion of Grsad Ialand,Nebw�lcs,Alortsa`ee.upon 264 dure�of�Wdc ot'
<br /> uid A.SSOC1ATlON.Certifuate No.L 22�8�� ,do heroby srant, convey and mort�age mw the wid ASSOCIATION the folbwiq�
<br /> ds�ibed rea!ettste.titwted in Hatl County, Nebraakt:
<br /> NORTHERLV FIFTY TWO AND FIVE TENTHS FEET
<br /> (N 52.5') OF TNE EASTER�Y NINETY ONE AND NINE TENTHS
<br /> FEET OF BLOCK FIVE (5) IN HANN'S THIRD ADOITION TO
<br /> THE CITY OF GRANO ISLAND. HALL COUdITY, NEBRASKA.
<br /> to�ether wrth all [fx tenementr,heroditamentc ynd appurtenanas thereunto belongine,including attached floor a>�rir�c,rll window faesnt,
<br /> window shadec,btindc,:Lorm win�ws,awnings.heating,air conditioning,and plumbing and water equipment and acceuwiei thetow,pumps.stwbe,
<br /> rofryxuorc,md other fixtures and equipmen�row or hereafur attached to or wed in cwnnection with stid real esuce.
<br /> Aad�vhereu tde erid mort�or hac�eed and does hereby s�ree thrt the �swrtgagor d�ali and will pay alt taxet and aueuments leviad or
<br /> ueered upoa atid pranwec aad upon this morttage ond the baa+d recwed ihereby before the same dull becoene detiaquent:w furrifh apiprovsd
<br /> inc�uanoeupo n ttm b�ildin�s on�id premitec aitwted in the swn of 5 ��a�.� paYabk to said ASSOCIATION �ed lo delive�r W qiA
<br /> ASSf�C[ATION the policies for�id inrurance:asd not to�mmit or permit any waste on or about�aid premi�ec:
<br /> la cue of dafault in the oerfwufance of usy of the urms and canditionc of thie mort�a�pe or the bond oocured hereby.the roo�t�ye�e�hW.
<br /> om demaad,be entitled w iminediate powenioe of the morcga�ed premiaec and the murtgagor heroby aw�ss, traatfrn and oets over to the
<br /> teort�yse sli t�e reats,reveaues aed income to be derived from the mortgaged prcmioes during such time ac the mort�a�e indsbtednors dtdl rmerin
<br /> unyiid:and the mor�w�ee�hall luve the puwer to appoin[any yent or ayantc it may desire for the purpo�e of repuin�atid promires�ed reotiqs
<br /> tl�e amr and oolkcti�tfie renq.revenues and iscome.and it maY P+Y oat uf nid income al! eupenen of rep�iring said pramimo aed neawry
<br /> ; mo
<br /> oo�oa�and e incarred in�ontiq6 awd m�nayng the wme rnd of oolkcting rentals tMrofrom; ttr b�luwe renrieins. if to 6e
<br /> 's �toward the�r{e af cud rtwrt;aoe u�debte�eu:tfiese ri�htc of tLe m�rt`a�ee may be exercired at anY time durie�tht exiwen�of weh
<br /> .irte�active of my tempotsry waivn of t4e ume.
<br /> Thoie Pre�enta.lwwever,ue upon the Condition.That if the said Mort�a�or shal!repay saLd ban on or bsforo tM muurity of nid ahat�t by
<br /> pay�eut-p�y moathly to aid ASSOCfAT10N uf thc sum spscifmd in the Bond 9ecured hereby as interost�nd principl on s�id ban,on or bsfaro
<br /> U�e 1Yvestieth d�y of eaeh u+d every�eonth,until srid luan ic fuUY N+d�WY all taxes and aeseesenents levisd a�inct 9aid pro�swes ted oe tfii�Mau�tfye
<br /> and tl�e iond rocured theroby.before delinquency:Furnifh approved insuranax upon the buildines therwn in Ms sum of S 26��.� pyable
<br /> W nid ASSOCIATlON:rop�y to ard ASSOClATION upon dem�nd all money by it paid tbr wch uacos.raerrnentc ond inwraece with iwatwt K
<br /> the�xinum bpl rate theroon froe�date of payment a11 of which Mortgyor hereby a�roes to paY;permit no wapa on uid prentitss:kesp�pd oompAy
<br /> wtith dl[fie qroementa�d oonditioes of the Bond for S� 4�.� tlw day Siven by tlx frid Mo r to rid ASSOCIATlflN,uM oomply
<br /> nd tty�u
<br /> with atl tbs requuemeat�of the Ccwuitution aad Byl.awc of'�uid ASSOClA'fION:cM�f thete pretastc ohall bsoomo nutl and wid.otMtvi�e thsy
<br /> preta
<br /> �11 roe�ie in fum forae awd mty be forecb�ed at the option uf the c�id ASSOCIA710N after failuie for throe moadu w mtice axy of rid
<br /> paya�eats ur be throe monthc in arceuc in malcia�sud�ntM1Y PoYenentc.or w Iceep and comply vith the agreementc and a�aduiwu of rtid Bond;
<br /> wd 1�{ortp�or asree�to have a rerciver appainted fwthvith i�wch fored�sure pr�eedin�e.
<br /> If cfiorc is�ny�3+rye a�owwortl�ip of the roil atate mort�yed horeiw�by ole w otherwiae. then ths entire renaG+i� indebt�dneaa heroby
<br /> rarrod�.N tbe option of T'he Fquii�bk�uirdin�and L.wn Aaocutia+of GruW lt4nd.Nebrarca.booaea im�nedutely dut�wd p�yable withiwt
<br /> fmfher sotioe. w�d tfie rao+wt rewuine�due mder uid bond�ud aey otlier bond fw my additYonat�dwnon m�de tt�eeounder,fksY.f�om tAs
<br /> da�of eyerci�e ot xid o4tion.�er isureu u t6e mueenu�k�al nte.anA thia� may tbea be fwadwrd to ntiffy tlr�t due on nid
<br /> a�t�ye e
<br /> 6o�A.w�auy otMr bond for additioail adwaosa.t�t�r with all wer pYd by vid TLe Equitable iuSdiee aed Lum Mroci�tian of Grud Idmd.
<br /> w� ci
<br /> Nabraru for imucaoee,t�and arermentc.aad a6�uuxins erienaan charyea. with intsre�t thueon, from date of payment �t the maximwo
<br /> lep�rate.
<br /> Aspro�idsd w d�e Boad recured ha�eby.�rhik tl�ic murtpp ieaui�in effea the ma�rtfyee m�y hereafter adva�e addi[ional cuos w tLe
<br /> nrkors at nid 6oed.tl�oir uqps or wcoewoes in intere�t.WliicY wie�Y�d! be viti�the oecurity of[hn�ewrty�e the�une�s tiu fw+dt oripn�dy
<br /> rared�by,the tohl asw�r�t of prieppd deN no�to exooad�t any tnee We oripe�l amount aJ'tltis �
<br /> mortt+i/e.
<br /> nw.e u�s 15t n,y or Nove�r A.D.,19 77
<br /> Y ■
<br /> � l�bra 01 s�r �
<br /> , � ss�a�s��'�'�.. o�Mr. 15t �,ot. Noven�ber �9 » .�•.�. `- .;
<br /> � tlr�i�A,a irblic ls�rd for riic�,prewr�ily aM �, ^� '
<br /> 1�1d IC. 0isas aM �bra 01ser+. each in his and her own �t an+d as sQQ(/�e of each other
<br /> � ., s w�he ,�"e pr'�OYYy lcaDa�te R �'
<br /> �x r�s ir tlr iirw�i 1�y ih�A�� !�"+� r6rN rs�ie abow rwe�a�s mfwor s md they +rraYy
<br /> �" a
<br /> � s air�t Ir�iL M��`.�* aet rM 1r�. "+�.
<br /> � � � rire�fwril. `"
<br /> ,
<br /> ° =y'.�la.,��
<br /> � �► � �9��, ,� �
<br /> �j � � �(Lt s�
<br /> + �.lif M �l•�'f���....9'�1�F �Y
<br /> � �'�`�Df Mt��`�� �
<br /> . ,.�s..i
<br />
|