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<br />--
<br />90-106500
<br />MORTGAGE - --
<br />MORTGAGE LOAN NO. , _UI-937 FHA
<br />KNOIYALLItIENayiwsrtru n:Thst Gary J. Meyers and LirWa J. Meyers, each in his and her
<br />own right, and as spouse of each other,
<br />Modpgor. whether crie or more, in coasidattioe of slate swat ed(,
<br />SixY Three Hundred and no /100 -- - - - -------------------------------- ------- 141
<br />Immd to said tmdgtgor by Tfio Equitable Buildit and Loan Association of Grand Island, Nebraska. Mortgaac+e, upoe 63 sbara Of $toat of
<br />said ASSOCIATION, Certificate No. HI —937 FHA , do hereby grant. convey and martgagro unto the said A=fAT10N the fo8astiq
<br />daarbed red estate. situated in tiall County, Nebraska:
<br />Lot Eight (6) in Block Twenty_01Ir3- !r11) in the original town, now city of Grand Island, Hall
<br />County, Nebraska,
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window saft4 a,
<br />window shades. blinds, storm windows. awnings, heat wr„ air conditioning,and plumbing and water equipment and accessories thereto,pumpa.stovet,
<br />refrigerators, acrd other tixtum and equipment row .x! ! = after attached to or used in connection with said real estate
<br />And whereas the said mortgagor lras agreeft ant -bm hereby agre that the murtg or shall and will pay al& tzs and aae10Vatats levied or
<br />armmed upon said premises and upon W.rin ¢rwfa SW =2 trite bond secured thereby befor¢ the sactr !hall become d440quent; to franish approved
<br />knirance upon the buildings on said the sum of &6,3()0 - 00 ya!+a2i:& ?-. grub NATION and ra• dditter to said
<br />ASSOCIATION the policies for said ireaw a2= ;a-d T---Vi zs commit or PenrMt any waste (se'ar alb 00 smi @=tises;
<br />In ease of default in the perforrowm eft w7time Terms and conditions of %W-% +r.-Olp.ge c t!hr bond secured hereby, the mortgagor dtall+•
<br />on demand, be entitled to immediate px+messan!PId rise •irottgaged premises and the inonvag- ec 4 h} assigns. transfers and sets over to to
<br />modpgce all the rents, revenues and Ljootae to be stied from the mortgaged pre n=3 sunny saa;%c MIX -9-3 that ,Mo..a er. zd =fi e
<br />unpaid; and the mortgage shall have th -0 Wwet to appoint any agent or agents it may desire for the tr rooso of repairing said premises and ragbag
<br />the same and eolketing the rents, revewures and income, and it may pay out of said income all erpurrim of repairing said premises and necessary
<br />commissions and expentes incurred in fronting and managing the same and of collecting rentals themfil4m; the balance temairft, if any, to be
<br />applied toward the d' of said mortgage indebtedness; ihrese tights of the mortgagee may be e=r.d xd at any time daft the existence of such
<br />default, irrespective of any temporary waiver of the same.
<br />Thew Presents, htowever, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />the Twentieth day of each to said and every nmoa h until said loan isfull paid; the y all taxes and assessments ssmeen s letiied against principal i premises and ad this M ortpge
<br />y >� tp
<br />and the Bond secured thereby, be£are dMYziluency; furnish approved: iu=nmoe upon the buildings thevoirt in the sum off 6,300-00 payable
<br />to said ASSOCIA1nOV: repay to syiL` IpIMOCIAT 0% capon demand all motley by it paid for such taxes, a> --cU and insurance with inurrS st
<br />the maximum legs race• dyr_ccma -)$ins :face of payovmf. x-11 of which Mortgagor hereby agrees to pay ; permit no waste tymse d premixs ;keep gad oorrtply
<br />with all the agreements and, oavrdirwns of the Bond for S 6 300.00 this day given by the said Ndr'tpW to aid ASSOCIATION. and eowply-
<br />with all the requirements of she ComWittion and By -laws ;t said ASSOCIATION; then these ptcsiini r d all become null and void, otherwise tbtrf
<br />shag remain in full force and ma- y be. foreclosed at the option of the said ASSOCIATION after I-;ulura for three monthss to make gay of said
<br />payments or be three months. in making said monthly payments, or to keep and comply •Milli: the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiv= appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real dstate mortgaged herein, by sak or otherwise, then the entire remainitrtg indebtedness hereby
<br />secured shall, at the option of The Equitable Building and loan Association of Grand Island.Nebraska,bemme immediately due and payable without
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional advances made thtercuixict. shal froth the
<br />date of exercise of said option, bear interest at the maximum legal rate, and this mortgage may them ii foredosed to satisfy the amount due on said
<br />bond.and any other bond foil additional advances. together with all sums paid by said The Equitable Building and Loan Anoeiation of Grand Island.
<br />Nebraska for insuractee`, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the i mniane
<br />legal rate.
<br />As provided in. tf9r.. Bond secured hereby, while this mortgage remains in effect the mortMee may hereafter advance additional sums to the
<br />makers of said Bond, birch assigns or successors in interest, which sums shall be within the sccririty oft his mortgage the same as the fuedaotigimllyc
<br />secw.eri thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />ted this 8th day of November A. n.. 19 90
<br />y.
<br />e
<br />L' nda J . ey
<br />STATE OF NEBRASKA, ss On this 8th day of" November 1990 ,before me.
<br />COUNTY OF BALL
<br />site undersigned, a Notary Public in and for said Conmty, personally gulag
<br />Gary J. Meyers and Linde J. Meyers, each in his and her own right, who are personally known to
<br />and as spouse of each other
<br />me to be the identical person S whose name S are affixed to the above instr as mortgagor S and they tevenBy
<br />acknowledged the said instrument to he their voluntary act and deed.
<br />VATNESS my hand and Notarial Seal the date aforesaid.
<br />My Commission expires -
<br />�sa�wrarll�rhlhrfi - taryPublic
<br />1117U a as JOWN11 fAM�
<br />Wam"SO&M
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