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<br />' ' "a,iCROFILMED" .
<br />Qos"ass REAL. ESTATE MORTGAGE
<br />THOMAS.J. WOITASZEWSKI AND ROBIN R. WOITASZEWSKI, husband and wif4i, each:in his and
<br />-her own* right and as spouse of the other
<br />of the County'of Hall and State o Nebraska ebraska hereinafter called the party of the first part, in
<br />consideration.of'TWENTY SIX THOUSAND THREE HUNDRED AND NO/100-----------------------:!:MLLARS,
<br />in hand paid, do hereby grant, bargain, sell 'and convey unto the Home. Federal Savings & Loan Association of Grand Island,
<br />Grand Island, .Nebraska,. and its successors and assigns, the following real estate, situated in Hall
<br />County, State of Nebraska towit: _
<br />LOT TWENTY-NINE (29) INiSASS SECOND SUBDIVISION LOCATED IN SECTION
<br />0 P' E E 11 FOURTEEN (14) T WNSHI L VEN ( ) NORTH, RANGE NINE (9) WEST•OF.THE
<br />6TH P.M., IN HALL COUNTY, NEBRASKA.
<br />Together with all the appurtenances thereunto belonging, and all covenants in all the title deeds running witli said real estate, 4
<br />1'h
<br />and all the rents, issues and profits arising' therefrom , after default in performance of any covenant or condition herein con- S,
<br />tained; and warrants the title thereto perfect and clear except for this mortgage.
<br />During the •.time this mortgage is in force the mortgagors agree:
<br />First. To pay all taxes and special assessments levied against said premises, including all taxes and assessments levied t:
<br />upon this mortgage, or the debt secured by this mortgage.
<br />Second. To keep all buildings thereon. insured against loss by fire, lightning and tornado in some company, to be ap- x
<br />proved by the'said Home Federal Savings & Loan Association of Grand Island in the sum of $ 26,300.00 for
<br />the benefit of the said Association, and its successors or assigns; and to deposit said policies with said Association, and shall not
<br />commit or suffer any waste on said premises; and shall put and keep said real estate .buildings and improvements, in good
<br />order. ;
<br />Third. To pay or cause to be paid to the Home Federal Savings & Loan Association of Grand Island, its successors or
<br />assigns, the sum of
<br />TWENTY SIX THOUSAND THREE HUNDRED AND.10/100----------------------DOLLARS,
<br />payable as follows:
<br />$26,300.00 due July 1, 1976
<br />with interest thereon payable, according to the tenor and effect of the one. certain first mortgage note of said mortgagors,
<br />bearing even.date with these presents. After maturity said bond draws interest at the rate of nine per cent per annum.
<br />If said taxes and assessments are not paid when due, or if the buildings on said premises are not insured as above pro- ;=
<br />vided, or if any of said interest is not paid when due, then said whole debt shall become due immediately, at the option of the Z
<br />said Association, and shall thereafter draw interest at the rate of nine per cent per annum.
<br />The mortgagor --L, hereby assign— to said mortgagee all rents and income arising at any and all times from said
<br />property and hereby authorize said mortgagee or its agent, at its option, upon default, to take charge of said property and
<br />.collect all rents and.income therefrom and apply the same to the payment of interest, principal, insurance Premiums, taxes, zil
<br />assessments, repairs or improvements necessary to keep said property in tenantable condition, or to other_ charges or pay- II
<br />ments provided for herein or in the note hereby secured. This rent assignment shall continue in force until the unpaid bal-
<br />ance of said "note is fully paid. The taking of possession hereunder shall in no manner prevent or retard said mortgagee in
<br />the collection of said sums by foreclosure or otherwise. 777\
<br />Whether. said debt becomes due by lapse; of time, or by reason of the' failure of the party of the first part to comply
<br />with any condition herein, the said Home Federal Savings & Loan Association of Grand Island, the successors and assigns,
<br />shall have the right to begin the foreclosure' of this mortgage at once on the whole debt hereby secured, and. to include
<br />therein "all taxes, assessments, insurance premiums and costs, paid by it 'or them; or said Association, .its successors or
<br />assigns, may foreclose only as to the sum past due, without injury to this mortgage, or the displacement' or impairment
<br />of the lien thereof.
<br />And the said first party and the makers of said note, especially agree and declare that the separate estate of each and
<br />every one of them, including both that now -owned and that hereafter acquired, is pledged and bound for the payment of
<br />the debt hereby secured;
<br />After the commencement of any suit -in foreclosure the plaintiff therein shall be entitled to the immediate possession of
<br />said premises and the appointment of a receiver therefor, notwithstanding they may be the homestead of, the occupant and
<br />notwithstanding, the parties liable for the debt may be solvent, and the first..party hereby consents to the: appointment of a
<br />Receiver upon the production of this indenture, without other evidence. •;
<br />The foregoing conditions and agreements, all and singular, being fully- performed, this conveyance shall be void, other-
<br />wise
<br />therwise to be and remain in full force and effect.
<br />Signed this' 7th day of Augilst� .: A w g 75 _-
<br />s
<br />In es e f
<br />_ T omas J. Woitaszewsk•
<br />Robin R. Woitaszewski/
<br />
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