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<br /> �b- ��'{ ���� REAL ESTATE MORTGAGE
<br /> ROBER7 �. BERRY AND ELIZAf3ETH J. BERRY, husband and wife, each in his and her o�dn
<br /> right and as spouse of the other
<br /> oE the County of Ha l I and State of IJebr'aska herefnafter called lhc party of lhe first part,in �
<br /> ' conelderatlon of
<br /> FIF7Y-FIVE THOUSAND AND NO/100 -----------------------------'-'�"_vOLLARs,
<br /> in hand'pald, do hereby grnnt,bargain,,sell and convey unto the Homc Federal Savings&Lonn Assoclution of Grand Islend,
<br /> Grand Island,Nabraeke,and its aucceasors and assigns,the following real estate,situnted i� Ha I I
<br /> County,State of Nebraska tuwit:
<br /> LOT SEVENTEEN (17), BLOCK THREE (3), JN REPLAT OF RIVERSIDE ACRES, AN ADDITION TO .TH6
<br /> CITY OF GRAND IS�AND, NEBRASKA
<br /> � '
<br /> Together with all the appurtenances thereunto belonging,nnd all covennnts in all the title deeds running with sald reul estatc, �-�
<br /> � and all the rents,issues and prollts arlsing therefrom after default In performnnce oE any covennnt or condition hereln con•
<br /> tatned;nnd warrants the tiUe thereto perfect and cleaz except for this mortgaBe. �
<br /> During the time this mort8age is in forcc the mortgngors pgi'ee.
<br /> � FirsY. To pay all taxes and specinl assessments levicd against said premises, Including all taxes and assessments.levled S
<br /> upon this martgage,or the debt secured by t}ris mortgage. � '
<br /> Second. To keep ull buildings ihereon insured agninst loss by fire,llghtaing and tomndo in some compnny,to be ap�
<br /> � proved by the saId Home Federal Savings&Loan Association of Grand Island in the aum of$ I nsurab l e Va I ue for j;
<br /> � the benefit of the said Associutlon,and its successors or ussigne; and to deposit said policies wlth snld Association,and ahnll not �
<br /> commit or sufter any waste on said premises, nnd shall put and kecp said real estate buildinBs and improvements in Sood
<br />; order, ��
<br />' � Third. To pny or cause to be paid to the Home h'ederal Savings Nt Luan Associntfon of Grand Island,!ts successors or
<br />� FIFTY-FIVE THOUSAND AfJD tJ0/100 -- ------------------'-"" DOLLARS, � .
<br /> aseigns,the sum of$—
<br /> paynble as follows: �
<br /> y- 555,000.00 DUE APRIL I, 1977 -
<br /> ��
<br /> � _ �
<br /> � -,^�Y;.
<br /> � �t
<br /> with interest thereon paynble,according to the tenor and eifect ot the one certnin Eirst mortgage note of sald mortgagors, ��
<br /> vi beazing even date with these presents. After maturity said bond draws interest nt the rate of nine per cent per annum. �
<br /> '- If said taxes nnd ussessments aze nat paid when due, or if the buildings on sald premises nre not Insured as ahove pra -
<br />, � vided,or if any of sald interest ls not paid�vhen due,then said whole debt shall become due immediately,at the option of the �
<br /> sald Association,nnd shall therenfter dru�v interest at the rute of nine per cent per ennum.
<br /> �� The mortgagor—hereby assign_ to said mortgagee all rents and Income arising nt nny and all times irom said �;
<br /> �� property and hereby ant6orize said mortgagee or its agent,at its option, upon defanit, to lake charge of said property and s;
<br /> � collect all rents and income therefrom and apply the same ta the payment of interest, Prineipal, insuranca premiums,taxes,
<br /> assessments, repairs or improvements necessary to keep said properiy in tenuntn6le condiHon, or to oWcr charges or pay �
<br /> ments provided Eor herein or in the note hereby secured.This rent nssignment shall continue in force untIl the unpald bal- y�
<br /> aace of said note is fully paid.The takIng of possession hereunder shall in no manner prevent or retard said mottgugee in �
<br /> �, the collection of said sums by foreclosure or othenvise. �
<br /> ?;; Whether sald debt becomes due by lapse of time, or by reason of the inilure of the party of the tirst part to comply �
<br /> � with any conditlott herein,the snid Home Federal Savings & Loan Association o[Grand Island,the succcsorb and assigns, �
<br /> shall hnve the right to 6egin the foreclosurc of this mortgage at once on the whole debt hereby secured, and to include
<br /> therein all tnxes, assessments,insurance premiutns and costs,pald by It or them; or said Associatian, 3ts successors or �
<br /> i- nssigns, may foreclose only as to the sum past due, without injury to this modgagc, or thc dlsplacement or impnirment
<br /> � of the lien t6emof. ��
<br /> And the said flrat party and the makers of said nate,especlally agree and dedare that the separate estate ot each nnd �
<br /> every one of them,including both that now owned and th3t hereafter ncquired, Ls pledged nnd bound for lhe Payment of
<br /> � the debt hereby secured.
<br /> Aiter the commencement aE uny suit in foreclosure the plalntiff thcrein shall be entitled to the immedIate possession of �
<br /> satd premiaes and the appointment of n receiver therefor, notwithstnnding they mny be t6e homestend of the occupant und �
<br /> notwithstnnding the partfes llable for the debt may be solvent,aad the firat party hereby consents to the nppointment of a
<br /> � Receiver upon the production of this indenture,without other evidence. � _1.,w�
<br /> The foregoing condltions and agrecments, ull and aingular,being fully perEormed,this conveysnce shull be void,other-
<br /> wisa to be and remain in full fone und effect. N '�
<br /> �I �
<br /> Signed rhi. 30th day o� �`1a�fY"�J � 1 8 76 � t
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