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<br />Form HtiA'No. 6238-Neb.
<br />G/ h (Sec. 312 Loan) ..
<br />�V ( eviscd Aug. 1970)
<br />MORTGAGE
<br />This Mortgage made as of the twenty-third day of January _ 19 75 ; between
<br />Robert -and Betty Schleichardt (hereinafter called, and if more than one party jointly and
<br />severally hereinafter called "Mortgagor"), residing at 1011 North Beal Street, Hall, County, Nebraska
<br />and the United States of America (hereinafter called "Mortgagee"), acting by and through the Department of Housing and Urban
<br />Development having a Regional Office at 911 NorthWalnutStreet Kansas City , and.
<br />State of - Missouri
<br />WITNESSETH, that to secure the payment of an indebtedness in the principal amount ofFive thousand one hundred
<br />and fifty Dollars (s 5,150.00 ); with interest thereon, which shall be payable in accordance with a
<br />certain note bearing even date herewith, a true and correct copy of,which, exclusive of the signature of the Mortgagor,' marked
<br />"Schedule A" is annexed hereto and made a part hereof, and all other indebtedness which the Mortgagor is obligated to pay to
<br />the Mortgagee pursuant to the provisions of the Note and this Mortgage, the Mortgagor hereby grants, conveys and mortgages
<br />to the Mortgagee:
<br />The following described property situate in County, Nebraska.
<br />Lots Eleven (11); Twelve (12), -Thirteen (13), and Fourteen (14) in Block One (1)
<br />of Pleasant Hill Addition to the City of Grand Island, Nebraska
<br />TOGETHER, with all appurtenances thereto and all the estate and rights of the Mortgagor in and to such property or in
<br />anywise appertaining thereto; all buildings and other structures now or hereafter thereon erected or installed, and all fixtures
<br />and articles of personal property now or hereafter attached to, or.
<br />used in, or in the operations of, any. such land, buildings or
<br />structures which arc necessary to the complete use and occupancy of such buildings or structures for the purpose for which they
<br />were or are to be erected or installed, including, but not limited to all heating, plumbing, bathroom, lighting, cooking, laundry,
<br />ventilating, refrigerating, incinerating, and air-conditioning equipment and fixtures and all replacements thereof and additions
<br />thereto, whether or not the same are or shall be attached to such' land, buildings or structures in any manner;
<br />TOGETHER, with any and 'all awards now or hereafter made for the taking of the property mortgaged hereby,- or any
<br />part thereof (including any easement), by the exercise of the power of eminent domain, including any award for change of
<br />grade of any street or other roadway, which awards are hereby assigned to the Mortgagee and are deemed a part of the property
<br />mortgaged hereby, and the Mortgagee is hereby authorized to collect and receive the proceeds of such awards, to give proper
<br />receipts ' and acquittances therefor, and to apply the same toward the payment of the indebtedness secured by this Mortgage, not- .
<br />withstanding the fact that the amount owing thereon may not then be due and payable; and the Mortgagor hereby agrees, upon
<br />request, to make, execute and deliver any and all assignments and other instruments sufficient for the purpose of assigning each
<br />such award to the Mortgagee, free, clear and discharged of any encumbrances of any kind or nature whatsoever; and
<br />TOGETHER, with all right, title and interest of the Mortgagor in and .to the land lying in the streets and roads in front of
<br />and adjoining the above described land (all the above described land, buildings, other structures, fixtures,, articles, of personal
<br />property, awards and other rights and interests being hereinafter collectively called the "mortgaged property").
<br />TO HAVE AND TO HOLD the mortgaged property and every part thereof unto the Mortgagee, its successors and assigns
<br />forever for the purposes and uses herein set forth.
<br />AND the ,Mortgagor further covenants and agrees with the Mortgagee, as follows:
<br />1. The Mortgagor will promptly pay the principal of and interest on the indebtedness evidenced by the Note, and all other
<br />charges and indebtedness provided therein and in this Mortgage, at the times and in the, manner provided in the Note and in
<br />this Mortgage.
<br />2. The Mortgagor will pay when, due, as. hereinafter provided, all ground rents, if any, and all taxes, assessments, water
<br />rates and other governmental charges, fines and .impositions, of every kind and nature whatsoever, now or hereafter imposed on
<br />the mortgaged property, or any part thereof, and will pay when due every amount of indebtedness secured by any lien to which
<br />the lien of this Mortgage is expressly subject. ''Attachment A"
<br />3. This Mortgage- and the Note were executed and -delivered to secure moneys advanced, or to be advanced, by the Mortgagee
<br />as or on account of a .loan evidenced by the Note, for the purpose of making the improvements described or referred to in
<br />the Specifications and Bid Sheet dated . September 6 , 19 74, to or on the
<br />mortgaged property, and .for such other purpose, if any, described or referred to therein,- which improvements are hereafter collec-
<br />tively called "Improvements." The Mortgagor shall make or cause to be made all the Improvements. If the construction or
<br />installation of the Improvements shall not be carried out with reasonable diligence, or shall be discontinued at any time for
<br />any reason, other than strikes, lockouts, acts of God, fires, floods or other similar catastrophies, riots, war or. insurrection, the
<br />Mortgagee after due notice to the.Mortgagor is hereby authorized (a) to enter upon the mortgaged property and employ any watch-
<br />men to protect the Improvements from depredation or injury and to preserve and protect, such property, (b) to carry out any
<br />or all then existing contracts between the. Mortgagor and other parties for the purpose of making any of the Improvements,
<br />(c) to make and enter into additional' contracts and incur obligations for ,the purposes of completing the Improvements pursuant
<br />to the' obligations of .the Mortgagor. hereunder, either in the name of the Mortgagee or the Mortgagor, and (d) to pay and discharge
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