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<br /> ��- ��o�o 0 6 REAL ESTATE MORTGAGE
<br /> FRANK U. GIUid, a ,inqle person
<br /> fat the County ot HALL and State .+f fJEE3FIA�KA Fereinatter called the �
<br /> party of the first part,in
<br /> �pn�identton pt TH I RTY THOUSAND AND PJC�i I CO---------_
<br /> -- -----------
<br /> ----------HOLLARS,
<br /> ln 6aad pald, do �ereb7 YraaR bariatn. sell and rnavey unW t6e Home Federal Savinas k Loan Aasoelation o1 Grand Lland,
<br /> Gr�nd LLnd.Nebra�ka,and 14 wocaeoas aad aseigna. t6e foll owing roal eWte. dtuated in H A L L
<br /> Couaty.State et FJt6RA5KA ,_, towit:
<br /> LOT S IXTEEN (I b) I!� iiLOCK T�WO (2) , tsRE�JTW00� '�UBUI V I ;I ON I N THE� CI I�Y
<br /> OF� GRANU ISLAfJU, HALL COUIdTY, tJE�3�tASKA.
<br /> Toeet6er with all the appurtenancee t6ereunto belonging, and all covenants in all the title deeds ru with seid ra�l te �
<br /> m�ni e�ta �
<br /> and all the xats,i�sues and yrofib ar3aing therefrom after default in performance ot any covenant oe eondition heseln coa-
<br /> tainad; aad warraats the title t6ereto pertect and clear except for this mortgage.
<br /> DuriaQ t6e time WL mortgage is in force the mortgagors agree:
<br /> Firet. To pay sll taxea and specisl assesaments levied aYa[nst eaid premisee, including all ta�ces and esseasmenta levied �
<br /> upon thls mortgage,or the debt secured by t6is mortgage.
<br /> _ Second. To keep all buildings thereon insured against loss by fire, lightning and tornado in eome company, to 6e ap�
<br /> � proved by the said Home Federal Savings & Loan Associatlon ot Grand Island ia the aum of i— ��� r ,t,i a ,-�i � for
<br /> the benefit ot the said Aseociation,and its succeseors or assigns; and to deposit said policies with said Association,and sha11 not �
<br /> eommit or suffer any waste on eaid premiees, and shall put and keep sald real estate buildiags and improvements in Yood
<br /> ordet.
<br /> Third. To pay or cauae to be paid to the Home Federal Savinga 6c Loan Aseociation of Grsad Island, i4 suoceaeon � �
<br /> auiYns. the tum oL � TH I RTY THOUSAI�iJ Aldl7 �d0/I 00-----------------------------------�OLLARS,
<br /> pay:ble a� tollowe: _
<br /> $30,0�0.0(7 D'vE Uec�mG�r I , I'378
<br /> wit6 intetest thereon payable, accordIng to the tenor and effect of the one certatn firet morteaQe note of eaid mortga�on, �
<br /> bearing even date with these presents. After maturity said bond draws Iaternat at the nte of nine per eent per annum.
<br /> If said taxes aad aaseeements are not paid when due, or if the bulldinga on said premlees are not insured ae above pw
<br /> vided,or if any of said interest is aot paid when due,thea said whole debt shall become due immediately,at the option of the
<br /> aald Associat(on,and shall thereafter draw interest at the rate of nine per ceat per aanum.
<br /> - The mortgagor— hereby assign� to said mortgagee ail rents and iacome arising at aay and all times from said �
<br /> � propetty sad hereby authorize eaid mottgagee or its aEent, at its option, upon default, to take charge of sald property and �
<br /> eolleet all renta and ineome therefrom and apply the same to the payment of Interest, ptinejpal, insurance premiume,taxec,
<br /> ass�essmenffi, tepaire or lmprovements neceseary to keep said property in tenantable condition, or to other chatgea or pay-
<br /> � menb�ovided for 6erein or in the note herebY eecured. This rent aesigameat ehall rnntinue in force untif the unpaid bd- s:�
<br /> ance ot sald note is lully paid. The taking of possession hereunder shall in ao manner prevent or retard said mortgagee in
<br /> tLe collection of satd wims by foreclosure or otherwise. �
<br /> � Whet6er eatd debt becomes due by lapse of tlme, or by reason of the failure of the party of the firat part to comply
<br /> with any conditioa hereln, the eaid Home Federal Savinge � Loan Asaociation of Graad Island, t6e succescors and aseiQns, �
<br /> shall luve t6e right to begin the foreclasure of t6is mortgage at once on tbe whole debt hereby secured, and tu include
<br /> thereln all tazes, aseeesments, inturance premiums and costa, paid by it or them; or said Association, ita succesaors or
<br /> a�slias, may toreclwe only as to the sum past due, without injury to this mortgage, or t6e displacement or impairmeM
<br /> at the liea thereot. f�a
<br /> And Ufe sdd firet party and the makers of sald note, especislly agree and declare that the seper�te utate uf e�a�h and •
<br /> ev�ety one ol them, including both that now owned and that hereatter acquired, is pledged aad bound for the payment of �
<br /> t6e debt heneby sec�ss�ed. �,�
<br /> After the �eac�ent of any suit in foreclosute the plaintiff therein ehall be entitled to the iminediate poeseseion of �
<br /> Wd peemises a� tlre apyointment of a recelver therefor, notwithrtandin�they may be the homestead of t6e occupaet and
<br /> aotwit�tandin�the p�eties liable Lor t6e debt maY be salveat, and the first party hereby consents to the appointment of a ',i
<br /> Eec�ver upoa ths produetlon of this imleature, wlthout other evldence.
<br /> 13a tanside� esnditleas and ssrsements, all and sin�ulu. beinS lu11Y Pertormed.thie c�veyance shall be void. other- �:
<br /> wi�e to M and remde in lall laeee md elfeet. •
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<br /> g�� Znd �r n[ December D., � �
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<br /> L pne�saee ot
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<br /> d!"Ik L1. (.;1�':n� .i '.Ir t71F_' {�F-��..�.,, �....
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