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<br />89- 103617
<br />"TGAGE
<br />MOR'L+GAGI: LOAN No. HI 911 FHA
<br />xNm Ate MhN By imFs ? pREsrNTs: Tiut Samuel G. Schleicher and Patsy R. Schleicher, each in
<br />his and her own right, and as spouse of each other,
<br />Nome for, whether one or more, in consideration of dw aim of
<br />Thirty Two Hundred and no /100 ----------------------------------------------- - - - - -- noL.t,AItS
<br />loaned to said nsocipsor by The Eghd "Raildiag and Loan Association of Grand Lrhnd. Nebm*@. MoroW. upon 32 shams of shock of
<br />saw ASSOC1AnoN, Certmcste No. t1I 911 FHA , do hereby grant, convey and morgW unto the aid ASSOCIATION tbs fotbwiag
<br />daaind real estate. situated in Hall County, Nebraska:
<br />Lot Nine (9), Block Two (2), in Dill and Huston's Addition to Grand Island, Hall County,
<br />Nebraska,
<br />together with am d r terse menu,, b&editsments and appurterian es thereunto belonging, itiviudi attached floor
<br />wrisdow shades, bl4n„ storm winakm, awntinV4. heating, air conditioning, wintdow l
<br />and ptutttbish6 and water equ;ptnent and acoesaories thereto, ptsanpa.:<ovea.
<br />reftigt:rators. wad otln=.rixtures and equipment rum or hereafter attached to or tiled in connection with saint real estate.
<br />And whereas tine said mortpdor has agreed. and does hereby agree that the intxtgagtrr shall and wig pay all taxes and aaaesooergb rased of
<br />nesterl upon acid premises and upon this mortgale and the.bruid secured there bx before tlx same shall bosoms dt&vgaent; to fttrniath approved - - - - --
<br />irswaa ce upon the boiitiirtgs on aorta prettttseti tittaattd is tba- stistr.cri Y 3, GUV .inn pzvabk to said ASSOCIATION and to d0fim to aid - — -
<br />ASSOCIATION t erpoiiaes for said insurance; and ant to cummis:or permit any waste on or about aid premiss;
<br />to pore of defa s.in the perforatatue of any of the terms and c"tiarrs of this nwattatte or the bond aomed hereby. the wztplgee shag.
<br />on demand, be efts ed to immediate possessions of the mortgaged prembes and the nwtrtwom hereby uWps. ttansfen std wms. rams.wr to the
<br />mortgagee all the rents, revenues and income to be derived from the mocljord prenwea dutbtg such tints as the moripp Webtadus serge remin
<br />umwl W; and the mortggee shall have the power to appoint any agent or agents it may device for the purpose of repdrtrg said I ,sit and reutieg
<br />the faae and txhtfedieri the rents, revenues and income. and it•mry pay out of said incaotm sates expenses of «pairing said prentista and ueoeasuy
<br />eonwiniorss asd a ineurred in tenting and managing the sane and of collecting revels therefrom; the baIsnde remaining. d any. to be
<br />--UsA towwrd t)wt db tame of said mws ►fie indebtedness; these rights of the mongagm ray, be exercisiAst any time dtuing the exiltenoe of su cls
<br />auk. irrespecti* at any temporary waiver of tile. isrtte.
<br />Those Prplrou, however, are upon the Condition, That if the said Mortgagor shall t�a�,ir said loan on or before the matw'ity ef'sW shares by
<br />pssynonn t pay moil ft to said AS SMIATiON of the sum specified in the Bond wcurcdt isereby as interest attd principal on maid ltent, on or befog
<br />the Twaotkth day of each and eves month, until said loo is fui paid; pay all taxes and atsesawnts levied apim said premises and a6 this Mater •
<br />awed the Bond sec ual. t hereby. before delinquency; furnish approved insurance upon the buiidissga thereon in the gum of s 3 , 200.00 .• payable
<br />to said ASSOCIAt7;f1lV', repay to :rid ASSOCIATION upon demand all money by it paid for such taxes, asse ments and insurance oft interest at
<br />the maximum kgsywe thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said pneatifeiiij=F aid eompiy
<br />with all the agreements and condixirara of the Bond for s 3.200.00 this day given byg, t't�e said Mortp for to said ,AtS�47 11014; and coo*
<br />with all the requirements of the Constitution and Bylaws of said ASSOCIATION; then theme -presents shall become nuV and void, otherwise they
<br />gall remain in full fora and may be foreclosed at the option of the said ASSOCIATION after failure. for three months to snake any of said
<br />pstym arts or be three months in arrears in making said monthly payments. #x to keep and comply with 12W agreements and coaftii taf said Bond;
<br />and Mortgagor agree to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If there is any choose in uwnenhip of do real estate mottgosed herein, by sale or o f>Merwise. then the entire motsicipg Webtednasa hereby
<br />staaaed diall, at the option of The Equitable Building and Low As ociatm of Grand IsloW, Ntbrasia.1twom in nediurd,Wiitte and ray atiM witlsout
<br />f'wdwf notice, and the amount re dire under said bond. and as other bond for ma�f Y arty additional advances mhade: titeretsssder, aha/1 ftrras sere
<br />date of exarese of said option, bear interest at the maximum legal rate, gad this mortgage may then be foreclosed to satisfy the notional due as said
<br />boad,od slay other bond for additional advances, together with all sums paid by said The Equitable Building and Low AasoeJatka ofGaand Island.
<br />Nebraaia for iasmarroe. taxes and aswrmincrits, and abstracting extension duvAes, with interest thereon, from date of payment at the maximasm
<br />bpi rate.
<br />As provided in the Bond secured hereby, while this mo"W remains in effect the mortgagee may hereafter advanoe additional sum to the
<br />maker of acid Bond. their assigns or swceis ors in interest, which sums than be within the security of this mortgage the sun as the funds orisieslly
<br />strewed thereby. the toW amoom of principal debt not to exceed at any time the original amount of this mortgage.
<br />DHd this 7th day of July A.D., 19 89
<br />ex
<br />Patsy M. bithleiclver
<br />4
<br />STATts N NEBRASKA. 83. Mi this 7th day of July 19 69 , �f� me,
<br />t`00.fNTY OF HALL
<br />L the undersiEntd, a Notary Public in and for said t'ounty. pertiondlycamo
<br />Samuel G. Schleicher and Patsy R. Schleicher, each in his and her
<br />own right, and as spouse of each other who are personally known to
<br />errs to be the elenucal per.ctns %jitter ransc s are altixcd to tau atxsse u,..hrujprnt a311 wilgagur and they serverally
<br />atatwn►tedgtd the a +d tnetrunl-tM to he the') r vulu ow, act and decd J
<br />::;f :t i:ti my i:tit:i tru lit.iarrai CICA ttrc dare afnresard r'
<br />My! utatr.::r.rttn c,pt;r► / / "
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