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<br /> Form HIID'No.673&Neb. �
<br /> (Sa.312 Lom)
<br /> - � (Reviaed Aus.1970)
<br /> 78� U02466 MOifTGAGE
<br /> �
<br /> Thii Morepse made aa ot ebe 17th day of April , I9 78,be[.vern
<br /> Gary L. bc.EV8 G. BiXenmann (huSbBnd & wife) (hereinafter cilled,�ad iE more th:n ooe patt� jointl� �ad
<br /> � severaU�hcrdaafter�nlled ")lortgagor'),residins �t 312 East 9th Street H811 County,Nebcaaka
<br /> � � � and the United States of America (6erainafter nllcd "Mort�ste"), acting b�and through the Departmmt of Housing md Urban
<br /> Development having a Resioo�l Office at 911 North Walnut Street, Kansas City • LOd
<br /> Sate of Missouri. -
<br /> WITNFSSE7H, tlut to �ecure the p�yment of an indebtedoess in the principal imount oE FiVO ThousBnd Thx'ee .
<br /> Hundred & AO{�ollan(� $�3��.0� ). with interest thueon, which shall be payable in accordanee �vith t
<br /> ' cut:io note besring evm dote hereritla,a true and cnrrett copy of wbicb, exclusive of tFm signature of the Mostgagos, marked
<br /> � "Schedule A" is.mne=ed hereto and made a part hereof, and all othec indebtedness which tbe Mortgagor is obligated to pa7 to
<br /> the Mortsagce putsuaat to the provisions oE the Nou �nd this biortgagc, the Mortgagor hereby grants, convey� and mortgages
<br /> to the Mottgajee:
<br /> � T6e following described property �ituste in Hall Ceunty,Nebraska.
<br /> The Easterly Thirty Three Feet (E 33') of Lot Six (6) and
<br /> the Westerly Ztaenty Two Feet (W 22') o£ Lot Seven (7), all
<br /> in Block One Hundred Forty Two (142) of Union Pacific Railway
<br /> Company's Second Addition to the City of Grand Island,
<br /> Hall County, Nebraska
<br /> TOGETHER, with ill appurtenance� theteto and •Il the eftate and rights of the Mortgagor in and to suc6 properq� or Io �' .
<br /> � snrw�ix appeztainiag tbereto; all buildinge and otAer atruaures now or herrafur thercon erected or i�splled, md ■ll fi=tura ,
<br /> � � aad�rticles of persoml property now or hereafter •ttaehed to, ar used in, or in the opentions of, any such land, buildinp or ,
<br /> , � structures which ue necessary to the complete use and occup�ncy oE such buildings er structures for the purpose (or whieb tbe�
<br /> '. � vete or ue ro be erected or installed,including,but not limiteal to all hcating. plumbing, bathroom, lighting, cookiag, lauads�, �
<br /> . �- - ventilati�g, refrigenting, intinerating, aed air-conditioning equipment and fixtures and all replarements thereof and additioet
<br /> . - thertto,w�hetber or not the same are or �h�li be aK�chtd to euch land,builJings or structures in any m�nner, �
<br /> , TOGETHF6, with an� �nd ail awuds now ot hereaEter made for the taking of the property mottgaged hereb�, or m�
<br /> � . . part thereo( (induding at�y easement), by the esercist of thc power af emincnt domain, including anq awvrd fot chan�e of �
<br /> �� grade of any stteet or other roadway, which awarda �rc heteby asaigned to the Dfortgagee and are deemed • part of fhe proPerty -
<br /> � . mor�gased hereby, and tbe Moregagee is herebr authorized to collect anA receive the procecds oE such a�vasds, to gire proper �
<br /> . . rectipts and�aequithnces thuefor,and[o�ppiy the same toward the pa�ment of the indebtednesa secured br this Mostgage, noF
<br /> � . withslanding the(�ct that tfie amount o.ving thereon may mt then be due and payable; and the Mortgagor dereby agcees, npem �
<br /> - request,to mak0.execute and delivet anr and al!a�signments and other instruments sufficimt for tM1e purpox oE auigaiog eaeh
<br /> sach award to the Mortgagee, fret, dear and disch�rged of any encumbrancex nf aay ki�d or nature whatsaever;�nd
<br /> TOGETHER,w�ith all right, title and iatere�t o(the Mortgagor in and to the land tying in the streets aad toads in ftont of �
<br /> , and adjoiniag t6e above dexribed land (all the above described land, baildinga, other structures, fisture�, artida of persoml �
<br /> � . ptopeity,awuds�nd ot6er righb and intercsb being Aereioafter caltectively called the "mortgaged pmpert�"j.
<br /> TO HAV'E AND TO HOLD the mortgaged property and every part therenf unto the Afortgagee,its aaeceswrs aad assigtu
<br /> ' �forever (or the purposes snd uxs herein set fortb.
<br /> , AND the Mortgasor furthet covenants and agreee with tht Mortgagee, u follow�s:
<br /> 1. ?he Mortgagos aill promptly pay ehe ptincipal of and interest on tl�e indebtedae�s evidenced b�the Note,and a!1 ot6u
<br /> . efiuges and iadebtedaeu provided therein and in this Mortgage, ot the timee and in�the manner pcovided in the Note aod in
<br /> this Mortgage. ..
<br /> 2. ?he Mortgagor ail7 p�y wben due, u hereinaEter provided, a�l /tround rrnts, if any, and ill taset, uxssmrnt�, AaOer
<br /> � ntee and other governmentat charges, fines md impositions, of every kinJ and nature wh�tsoever, now or hetafter impoud ou
<br /> the mortgagcd propertr,or any part thenof, aad �cill pa7 whrn due e�ery �mount of indebte.lnns securcd b� aa� lim to w�hitb
<br /> , � , the lim of thit Mortgage if eiprmsly subject.
<br /> . � � 3. This bfortgaae and the Note were�ezecnted aad deli�ered ro securt moneys:dvanced, or to be advanced, b� the Ddortgagee �
<br /> � as or on.aceovnt of a lom evideaced by the Nou, for the parpose of making the improvemenb described or refured to in
<br /> �� apecification and bid'skeet daced January 16 . t9 78 �o or on che ,�
<br />'. y � - � �mortsaged.propetq,�aod�for such other�putpofe, iE�an�,deuribed or re(erred to therein, �rhich improvemente are hereafter colla-
<br /> . � ��ti.relp�wlled� "Impro�eme�w." 7'he Mort�6or �hsll make or cauu to be madr all the impro.emenb. If the construction or I
<br /> � . wstallation�of�t6e�Impso�e�mmes �shall mt ba careied out�w�ith reawnable diligence, oc shall be diacondnued at any time for
<br /> . _��as��.�reaaon, offier��tfian-.strikp,-lockoub, (cts.of�God. fire�; flooda or�other simitac cataatrophiee, riob, war or Insurrection, t6e
<br /> � ��� ltcrt�see�..aEter due:aoHce�to-�the�D[ort�agor is hereb���othorixd�(�j�to efrter�upon the mortgaged propert� md emplor an��vatc6-
<br /> �-:a�en�w�::proteet the,Impto.rcmma-from depredaHoo oc`�tajnc� aed�to preurve artd protect such propert�, (b) to arry out aay
<br /> - � � or all thrn�eziatins cootrstb betweea tfie Mortgaaor and other parties fot the purpo�e of making an� of the Improvemeab,
<br /> � � (c) lo�auke aad enter toto-��dditional conUacts�aod�incue�obligationa !or the purposes of completing the Impro.emmts pnrsaaat
<br /> . . to t1�e obliptiom of t6e�Mortgagor.heteonda,dtber.ia tbe,mme of che Moitgagee or the Moregagoc,and(d)to p�y and discharge
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