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<br /> 78-- � U 313 7 , .; ;'
<br /> ' � wnR�
<br /> . � . .. . . � . . : . — s �
<br /> � . � . . . $ r f ' 4.
<br /> . . . .. � �..,'. ' ,
<br /> � of ` the mortgaged real estate and the mortgagor hereby assigns
<br /> ,:� � �
<br /> ' , and trans£ers to the mortgagee all the income to be derived
<br /> � f from the mortgaged premises during such time as the mortgage �
<br /> ; i indebtedness shall remain delinquent and unpaid . The mortgagee
<br /> 1 shalZ have power to appoint any agent it may desire for , the purpose = ` � °-
<br /> ,.•; of maintaining the premises and collecting the income . The expenses
<br /> � incurred for collection shall first be deducted ; and the remainder
<br /> of the income � if any, to be applied to the discharge of the �
<br /> ` mortgage. indebtedness .
<br /> � Full pre-payment privilege has been retained by makers of _
<br /> the note . Further it has been agreed between the mortgagee and j �'
<br /> the mortgagor that the morgagor may demand and obtain from the A
<br /> � mortgagee partial mortgage release when portions of the amount �
<br /> � due have been paid . The schedule for the partial releases are �' ��
<br /> � as follows and refer to the £our phases ( sometimes called areas ) ; � *
<br /> ; of the Castle Estates Subdivision: as filed with the City-County : ,;;
<br /> � Planning Commission to-wit : ( A) The area comprising Phase l wi11
<br /> � �
<br /> �- be released at any time requested . ( B ) The area known as Phase 2 � >' � ,;
<br /> 3 will be released when the pr incipal of the note has been reduced '
<br /> :rr < .
<br /> to $ 200 , 000 . 00 or less . ( C � The area known as Phase 3 will be r 'l , � �'
<br /> reSeased when the principal has been reduced to $ lOJ , 000 . 00 or less . ; ` ,,; r�:G
<br /> ` ( D) The area known as Phase 4 wi11 be released when the principal ' ` ; - �nry
<br /> r � has been paid in fu11 . � ,t � `F��r
<br /> �:
<br /> � � IN WITNESS WHELiEOF the Mort a or has throu h its artners executed y f * �
<br /> ' ^ � �
<br /> : � this instrument on the � �'3 daygo £ g , 1978p { � �
<br /> � x �
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<br /> s' '� 'v
<br /> .'i � � � � a l:-
<br /> �{ � � =lf � Ji .�n}�y.•'J�
<br /> �. t, � . i d Q"�' y��r
<br /> :~� CASTLE ESTATES DEVELOPMENT :
<br /> `Y� COMPANY� A Partners i
<br /> ,� By
<br /> orman . Antonson f
<br /> � � B .. . �� �as
<br /> y � �
<br /> y.# E lis `�Douthit �/.�— � �
<br /> �: � STATE OF NE$RASKA ) �n � ' ' .
<br /> � � . . . � J V • � p �
<br /> ,.; C OUNTY OF HALL ) ,
<br /> � �, Before me , a Notary Public qualified in Hall county � personally
<br /> : ; came Norman T. Antonson and Ellis Douthit , Jr . known to me to be
<br /> i � �� � ?
<br /> the identical persons who signed the foregoing instrumertt and
<br /> ;� acknowledged the execution th.ereof to be their voluntary act and �;
<br /> �, deed .
<br /> ; ;
<br /> r � �� �
<br /> , � WITNESS my signature and no �axi,�l seal on % '��4 �/ 2 3. , 1978 .
<br /> � � �.� � � ' � . :r � �
<br /> w� .. ..� ws �.,; � � ' ' CENEWIZZ'!!���� 2 ' �. �
<br /> a
<br /> � - "x'�, : oow�ta�- Y ; Notary Public
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<br /> � '� i $ , ., _. '
<br /> �� � ,.� � ; � e , My Commission expires / 2 / 9 �� . :
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