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<br /> , MOA7GAGE—Savings and Loan Form—fDlrecl CrecUt Plan) 255-Y (Spedal)
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<br /> � �S�� MORl'G�►GE
<br /> 76- (?t�. ��No
<br /> ���� � TfiIS INDEN7UHE,made thlt z J � �ay ot �'"_ ` .197�.by and bstween � .
<br /> Herbert F. Mayer, Jr. & Katharine S. Mayer; John A. Wolf & Linda W. V7olf; John A. Albers
<br /> 3 and Marilyn Albers;and Richard E. Stephens, Jr., & Harbara G. Stephens,
<br /> o� Hdll county,No6rmka,ae mortgagor—,and Homa Fedeml Savingo and Loan Aeaodatlon of Grand Ieland,�
<br /> � a corporatlon orqant:ed and erzintlaq under tho lawe of Nobraska wlth 8s pcindpal offlce and placo ol bueineen at Grand Isl�d,Nebras�a.
<br /> aa mortqagee:
<br /> WITNESSETH: That eald mortgaqor�lor aad In connldeiallon ol the eum of ONE MILLION ONE HUNDRED
<br /> TfiOUSAND �ollare (51,100,000.02).
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<br /> � the receipt ol whlch ie horeby aclmowledgod, do_6y theee preaenta mangage and wmrant unto euid mortgageo, i�a eucceawro and
<br /> � am[gna,lorevei,all the lollowiug doxribod reat eelate, eltuated in tha county oL
<br /> � and State ol Neb:aeka,to�wit:
<br /> Lots One (1), Five (5) and Six (6), in Piccadilly Square Subdivision, f
<br /> an Addition to the City of Grand Island, Hall County, Nebraska.
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<br /> ' Togei6er with all heating, liq6ti¢g, and plumbing oqulpmoat and fixtu�es,inctudiuq n�okaro and burnere,ecreena,awainqe,olormwindowe .
<br /> � � s3 and doora,and wlndow ehadee or blinde,uxd on or in ceunectiion with eaid properly,whether t6e samo aro now located on eaid property t
<br /> � £ or hozeafter placed�hereon. {f
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<br /> ' �� TO HAVE AND 70 HOLD THE SAME,together with all and ninqulcr lho tenemonte,ho[edilameals and appuclenaacee tha�eunlo belong- +#
<br /> {- $$$� S
<br /> f, ing,or in anywise appertainiaq,toraver,and warrant tho ti11e�o tho same. Said moctgagor�—hernby covenanL—with aaid morigaqoe f
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<br /> `. S �ha�_�a�7_ dL8 at tho delivery hercol,the]awful ownes_ol tho remisae abovo conve ed md deecribed,aud
<br /> �� $ eei:ad of a good and indefeaeiblo eetato ol inheritance therein.lree and dear ot all encumbrancea,and thal�lio.�—wilt wareant aad
<br /> = j detond ihe tltle thereto torever againat the claima and demande ol all persona whomecevar. {
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<br /> � PROVIDED ALWAYS, and thia instrumenl ia eaecuted and dalivexed to securo�he paymenl ot lho eum o�
<br /> ONE MILLION ONE FIUNDRED THOUSAND nolla:e (51.100 000_(ln ),
<br /> � wilh inleceet Ihereon,togother with euch chaigee and advancoa as may 6e duo md payable �o natd modgageo undor �he termn and
<br /> condilione of tho promiasory nole o1 r.ven data herewith and aecu:ed hereby,ezecutod by eaid mo:tgagor�—to e¢(d modgagea,payable
<br /> � $ ae ezpieseed in eaid noto,and to necuie�6a perto�mance ol all tho torms and conditiom coatained lhocoin. The te�mn ot eaid note are
<br /> ,; t here6y inwrporated hecein by th[e xelerenca.
<br /> a jtt It ie lho fatenlion and agreament o!the podies hcreto Ihat thia mortgagc ehall aleo eccure any lutuce advancee made �o eaid
<br /> 3 mociqagor—by eald morigaqee,and any and all indoblednnss in addition to Iho amount above elaled whicL eaid morigagora, or aay
<br /> # ot them,may owo �o eaid mortgagae.howeve� ev[denced whether by note,book account or otherwisa. 7hls morlgage ehall remaia in lull
<br /> $t tome and efluct betwaen the partiee horoto and their heire, pereonal repreeenlaUvee, aucceaao�s and asnlgna, untll all amountn eocu:ed
<br /> F{ hereundei,induding hture advancee,arc paid In full with intvreet. �
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<br /> �S The mortgagors—huroby asaiqv_to eaid mo�tgaqee aIl rente and incoma ar(ning at any and all 6mee lrom sald propeRy aad t
<br /> hereby autho:izo said mo�tgagee or ite agent. at i�e option, upon dolault,to iako ch�ge o!naid propeny and collect aU rente a¢d Inmme 1
<br /> � 4 lhcrolrom and apply Ihe eame lo the paymenl 01 In�oraet,principal,iaeu�ance pramlumn,lazee,aasaeementn, �epaue or improvemenU aecue- t
<br /> f ea�y to keep eaid propoety ia teaanlabla condillon,or to other chargee or paymenla p[ovided for ho�eln or in the note he[eby xcu[ed. Thle #
<br /> �' renf aseiqntnenl ehall coatinue in to�ce ualil lhe unpaid balanee of eaid aote ie fuliy pald Tho taking o1 poaeeeaion hatounder eholl t¢ao S
<br /> mannor provont or ratard anid mortgagea In thc collection oi eaid eume by forceloeure or olheiv+lae. �
<br /> �� 7'he Iailura of lho mortgagee to aseor!any ol 1te righte he�eunder at any timo ehnll not be conslrued ae a waivar of ile dght to aenert
<br /> � jjjt the eama at any later time,and to Inslet upon aad enfome etrict rnmplfanca with all tLe te�me and proviefons ot eaid note and ot lhL� �
<br /> �� morigaqe. �
<br /> II eald morlgagor_S ehall cauae lo bo paid to na3d mortgagee the entiro amomt due fl hecaunder,and undar tho tam+n and provieioui
<br /> ol said note hereby aecured,indudinq tutu=e advaacae,and enp e:tonslons oo :onewale thereaf la acco:dance with tho larma and provintona
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<br /> f� thereol,and!f eaid mortgaqor�_ehall comply with all lhe pmvidon�o(eatd aote and ot thfe morlgaga,then theee preee¢le eLall be votd:
<br /> SS o�herwlse lo remain ln lull lores and ellocR aad eaid muetgagee ahall be en�iqed to the poa�e�sioa ot all of sald property,and may,at It� I
<br /> � opUon.declare!he whols n!wid nota aad aLL indabtadaeu iepre�ealed thateby to be Immedlately due and payabie,and may lorecloee this :
<br /> j mortgage or lake any olher legal aatim to pmtect!b dght and kom t6e date o(such dafaull all lteme ol ladobledaeu �ecured heroby s .
<br /> s ehall draw inteceol al 9%per aanum. Appr�semeat watved $ . �N '''
<br /> � � Thte morlqage�hall be bindlaq upon aad �haU anure to the benellt o!the holn,ezecutors,adminlauatore,eucceewce and me[qn�o! 3 � . � �
<br /> t Iho[e�peclive paitie�hemto. {
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<br /> # IN WI1'NESS V�fiEREOF, said Moriqagoz G ti^v�' hereuoto ■el the� ! on Iha day and yea�fi�at above f �� .
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<br /> ADDITIONAL MORTGAGORS ON REVERSE SIDE I
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