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<br />REAL ESTATE MORTGAGE go-- 105 #86
<br />OONIEL R. REHER AND EVA M. REHERp husband and wife
<br />ad the County of_ -Hnl I and State a NFRRASKA werrinafle* caw the party of the font Ipatt, In
<br />ewridsatbn FIFTY THOUSAND AND NO/ 100----------------------------------- - - - - -- m�M
<br />In hand paid, do hereby gam. buwlo, all said emver unto the Home Federal a&** &Loan Mwgatiwl at Grand Llas4
<br />Grand Island, Nebraska. and its sasmresn and 05*04 tM follaritlgt red estate, SUVA" is- HALL
<br />cow*, spite d NEBRASKA tonsil
<br />THE EAST HALF OF THE NORTHtlEST QUARTER OF THE NORTHEAST QUARTER (EJNWkNEk)
<br />OF SECTION 17, TOWNSHIP 12, NDRTH RANGE 9, WEST OF HTE 6TH P.M., IN HALL
<br />COUNTY, NEBRASKA.
<br />Together with all the appurtenances theram" bdoNft and all covenants in all the title deeds running with said real estate,
<br />and all the rents, issues and profits niaiug therefrom after default In performom of ANY eovenant ar condition Lsedn cox.
<br />blood; and warrants the title thereto perfect and dear except for this mortgage.
<br />During the time this mortgage Is In force the mortgagon agree:
<br />First. To pay W taxes and special assessments levied against sald premises, including all taus and assessments levied
<br />upon this mortgage, or the debt secured by this mortgage.
<br />Second. To keep all buildings therein inland against loss by pre, lightning and tornado in some compaiW, to be ap•
<br />proved by the said Home Federal Savings d Loan Association of Grand Island in the aura of h i nsa, 1rAh 1 e 41uR...., for
<br />the beneW of the aid Association, and its successors or assigns; and to deposit said policies with said Aaeaelation, and shall not
<br />commit or suffer nay waste on said premises, sold shall put and keep said real estate buildings and improvemosits in good
<br />order.
<br />Third. To pay -or cause to be paid to the Hama Federal Savings & Loan Association of Grand Island. its successors or
<br />assigns, the nom of S rn nnri nn--------------------------------------------- - - - - -- DOLLARS,
<br />payable as follows:
<br />$50,000.00 DUE October 15, 1991
<br />with interest thereon payable. according to the tenor and effect of the one certain first mortgage no of said mortgagors,
<br />bowing even date with these presents. after maturity said bond draws Interest at the rate o'' =$Wcent per Annum.
<br />If said Was and assessmeab are sat paid when due, or if the buildings on said premixes are not Insured u above pro-
<br />vided, or N any of said interest is not paid when due, then said Ph_Qlg�gtit shall become due immediately, at the option of the
<br />acid Association. and doll thezeatter draw huteraL at the rate of rent per wnIIam
<br />The mortgagor g hereby assign_ to said mortgagee all rents and income arising at any and ail times from said
<br />prvte* and hereby authorise said mortgagee or its agent, at Its option. upon default. to take charge of said property and
<br />coiled all rents aaA income therefrom and apply the same to the payment of interest, p dwllW, insurance premiam. taxes,
<br />assessments. repairs or Improvements necessary to keep said property In tenantable condition, or to other charges or pay.
<br />menu provided for herein or In the note hereby secured. This rent assignment shall continue In force uatil the ompaid bal-
<br />suave of said note is fully paid The takheg of possession hereunder shall in no manner prevent or retard said mortgagee in
<br />the collection of add some by foreclosure or otherwise.
<br />�aa�Mtai wiv aic.�ia �rotv.ois u s iwyiso a i . ua iciivS vi w8 iiuw c w �wc �riu N vi wav ua m y�i. rev avuwNso
<br />with any condition herein, the saW Noma Federal Savings 4 Loan Association of Grand Island, the successors and assigns,
<br />shall have the right to begin the foreclaure of tbip mortgage at once on the whole debt hereby secured, and to Include
<br />therein all taxes, assournents, 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 thews, including both that now owned and that hereafter acquired, L pledged and bound for the payment of
<br />the debt hereby secured
<br />After the commencownt of any suit In foreclosure the plaintiff therein shall be entitled to the immediate possexalon of
<br />old premises and the appointment of a receiver therefor. notwithstanding they may be the homestead of the occupant and
<br />notwithstanding the paMes liable for the debt may be solvent, and the tint pasty 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 />rains to be and remain In full fora and effect.
<br />Steed a.i. 10th day of ctuber A D..
<br />in presence of l L t LL
<br />W, Woom
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