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<br /> . � MO$SGAG£—�Savinge.aud Loan Foxm---(Dlzect Crod3t Pl�)�855�2 (Spee[al) . . . . . . � . . . . . .. . . . ..
<br /> 77- 0 0 5 6 5 4 f�l10RTGAGE _'
<br /> �--.. . . . . .. . ... � � .. � . . .. �Lom No:. � � ��..�.
<br /> rtus 3rtnEriruee. maas�ti�• . � 28th.. ����, o� �.. �September� � �s 77 bp�a bet..wsn. .
<br /> PAUL BONNEY,;HENRY SHOWAGTER AND KENNETH ROBY; TRUSTEES OF CALVARY APOSTO�IC CHUR�H
<br /> � OF GRAND' ISLAND, NEBRASKA, a� unincorporated religious assaciation,
<br /> � nf :�H 8� 1:� Caun Nebzaaka,as mort �� , ... ..� � . . .�, . �� .
<br /> . ry. gagor 5�d Flome Federai SavSnqa and I.o��AssociaHoa of Gr�d Ial�d,
<br /> ��a wrporafioa organizad �d eastinq uader the laws of Nebraaka with.ite prineipal oHice aad place o!buaiaeaa at Gzan3 Ial�d Nebraaka, .
<br /> m mortgagee: . � . � .. . � .. � , .
<br /> � � WITN,E..SSETH: That emd m.artgagors tor cmd ia coneideration�ot the �um of � �
<br /> ' TEN THOUSAND ANO NO/100------------------�-_r,._^__,.---..---�_,._,____ IO,OOO,Op ,
<br /> uam ca .
<br /> ����the receipt of whicL�ia�hereby�aclmowIedged,�do_by tfieee�pteseata mortgage and warraaf unto said moreqagea;�ita�succeaeor� tmd���� � �
<br /> � aeaiqm, forever,all tl�e following described real eatate, aituated in the countp of �a�.� �_.
<br /> _ �.d�.State of NeMmka..to-wit: . . � . . . . . . . . � � .
<br /> LOTS ONE (I), TWO (2), FOUR (4), FIVE C5), AND SIX (6), OF PIER PARK SUEDIVISION OF
<br /> PART OF BLOCK ELEVEN (II? , KOEHLER SUBDIVISION, GRAND iSLAND, NEBRASKA.
<br /> ; £
<br /> � 5ubject to a rior mort a e in the ori inai amount of $51 000.00 in f
<br /> P 9 9 9 , , avor of
<br /> Home Federal Savings 8 Loan Association of Grand Island recorded in Book 167,
<br /> Page 365, of the Mortgage Records of Hall County, Nebraska.
<br /> �.1 �Together with dl heating, lighling. and pl�ambing equipment and fixtures,including atakars and buraera,aereens,awninqe,niormwindowa � �
<br /> ( and�.doora,and�window ahadee Ar blinda, uaed oa os in rnnnec4on with amd property, whether the same ace aow located on aoid ptopertp . �� ��
<br /> yor hereaftez placed thereoa.
<br /> � 40 HAVE AND TO HOLD TH£ SAME, together with aL aad singular the tenementa,hezeditaments�d appurteaances thezeunto belonq• . �
<br /> ing.or in anywise appertaining.lozever,aad warrmit the title to the eame. Said mortgaqoz S hereby eoveaamt— with eaid morlgagee � �
<br /> ���ty¢t_t�o.�_ are al the delivery heieof, the lawtul owner S of the premiaea above conveyed�d deacribed,and a�P � .
<br /> �S � �eeized oi a good and iadeteasible estate ot inheritance theroin. lrea and clear of all encumbraacea, and tLat the_�_wil] wazcant�d � �
<br /> � ��delend the title therelo lorever agQinst Ihe daims and demaads ot all persons whomaoever.
<br /> TEI�R I VIDED ALWAYS, and this instrument is ezecuted and delivered to aecure the payment of 1he sum of
<br /> � - HOUSAND ANO NO/I 00--------^----------_---,.,..__,.-...�,____.__.,,r n,al�e (t I O�000.00 ..J.
<br /> with interest Ihereon, together with auch charges and odvancea as moy be due and p¢yablo to amd mortgagee undar the te:ms and �
<br /> conditions of the promissory note ot even date herewith aad secured hereby,ezecuted by eaid mortgaqor S to eaid mortgagee,payabte�
<br /> ..� as espreaeed in eaid note,and to secure tbe perfo�monce of all the terms and conditlons contmned therain. 1'he terms ot said�aote ara .
<br /> hexeby incorporated herein by this zefazence. � � � �� � . .
<br /> � It is the intention and aqreement o!the parties bereto that thia mortgage ahall aleo secure any future advaaces made to emd �� � � �
<br /> mortgagor S by amd mortgaqee, and any and all indebtednem ia addition to the�ount above stated wbieh aaid mortgagors, or��y � � � � �
<br /> � of�them. may owe to said mortgagee, however evideaced whether by note,book acrnunt or othe:wiae. This mortgage ahull remma Sn.lull � . . � �� ,
<br /> lorce and effect betweea the partiee hereto and the'u heire, pemonai repreeentativen, succeaaora.�d a�igaa, uatil all amounts eecurad �� � �
<br /> hezeu¢der.Snc3udinq future advancea.�e pmd ia full wiih iaterest. � � � . . � � �..
<br /> . .�� ... The mo:t4ago�S hereby.aaaiqa. �to scaid mortqaqee.al! reab aad income ari�inq at any and.all times trom�aid pzoperty.�d . � � � .
<br /> hereby authorize emd mortgagee or ite agent, at ita optioa.�upan�deinult,to take ch�ge o! aaid propertp�d callect all�reats aad lncoma � �
<br /> thezeirom and cpply the same to the payment of intereat, principal,insur¢ni�premiuma, tazea,maeaementn, repai:a or improvemeafs necen• .
<br /> eury to keep�said proparty in lenant¢ble mndition, or to other charqee or paymeaM provided(or bereia or Ln the note hereby secvred Shis � � � �
<br /> . :eat aaeignment aLall coatinua in Sorce until the uapaid balanca of said aole fa tully pmd. The tukiaq of.poasassioa hereunder ehall i¢no - � �
<br /> aaaner prevea! or rata=d said mortgagee�in the rnlleclion of eaid sums by toreclosure or otherwiee. � � � . � � �
<br /> ' � � ?ho fvilure of the�mortgagee to assert�p of ils rigLla hereuader.at aup lima ahall not be construed m a waiver o!ib right !o aeaert �
<br /> j ihe.same . ' „ie�al,.uperp end eaforce atrict compliance vrith ali the terma and p:ovleione of nmd note and o1 thia �
<br /> soitgaye:.�..:.M yw',. .
<br /> � a � �-3a24 k��aki L+N�:W � . . . . . . .. . .. ... � �. . . . �
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<br /> � � L sau7 m�ctga�'Si-��aLtYll��'eaYus to�'Y� paid to said mortgaqee the entire�ouat due it heraunder,�d under the terms�d,provlsion�
<br /> .� ��ot eeid note^ltAiet3i+'tlBEuidd 9q'C1udPLLtj"futf#�Y"�vancee,aad mip esteoaioas or tenewaL.thereoi in accozd�ce with the tezms �d proviaton� �. . .
<br /> 2LereoL aad.it emd�mortgnqor.5 aha11 complp with all the provistona of eatd aote�d ot this mortqage,tLea tLeae preaen[s ahdl be void: � '
<br /> S o!hezwiae to.xemaia.in.lull fotce�d etfeet,�d;cdd�mortqagea.aLall be.antlelad to ths poa�eaefon ot atl of amd proparty.aad may,at its . ,_....,:.. "�� '" �.��,�,, .
<br /> option,deelaze the whole ot sald note and all iadebtednee�zapresented therabp M be immedimelp�due and payable,and may�[oreclase�thia � `
<br /> mo;igage ar taka aap othes Iagal acbon�to protect�ib rtqh4 �d lrom.the dats o!sueh dotault all items at indebtedaeea recured hereby � ..,�� � ��u
<br /> � .. ehail draw iuterest at��6 per�aum. Appraieemeat walvnd. . _.. �.. ... . . . . � .
<br /> � �p .,
<br /> . .�T6is morlgaqe ahali Le b3nding upoa md�lwll aaura to 1L� k�as$t ol tLs Lsln.�ezx��ton.adminLtzabn.��ucoeawrs��d mslqns.d i '�.
<br /> tha��res,H�+�P��hsreta � �, . . � . . .. . . .
<br /> .. .�. �r:� . �.�. . .. � . .� � ,���' ,, .
<br /> � �'Z SYITS'2E4S VJ�: �ald Nortyucyor5 �^ �e 8ersunto�rse � 'f'hBl 1' �...,.�_t�s dap and year ffrat above � � .
<br /> > '"'�'�°' A�VAR APOSTOLIC CHtfRCH, an incor orated,i� i #
<br /> + Association by Trustei� • "� �� P _ 1% 4�ous
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<br /> -�r'� �,�. 'T �_..
<br /> A _��t^�,.��2 .�t.=—.
<br /> .r Paul nney� - � Kenneth Roby
<br /> ; ' ` ._ .._ _ ._—.__.__.._-------- __ ._.. .---------_
<br /> , _-'��.�-P ---_ � _
<br /> � � Henry Showalter��
<br />� �: �
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