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<br /> •�'�,y�,.:,,,�„� ., MORTGAGB 949 F H A
<br /> ;�,; �f?�, MORTQACQ LOAN N0. H I
<br /> .� ` " '!'' KNOWALLMENBYTHESBPRBSBWI'S:'1'lut Kenneth H. Schmidt and Phyllis C. Schafd�� each ---
<br /> ��:.±. :
<br /> 1 �w,,, � in hia e�d her ow� right. end es spouse of each other�
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<br /> �� •�t`: „�, ----------------- Mart�or�wh�thor one or mae.in oontiid�ntlon of the am ot
<br /> � ` ' Ten Thousand and no/100 ' -��►�
<br /> i..,.>... ...
<br /> "�•� '� (wneA to said mortg�or by The HquU�bla Buildin4�nd Luan Auocutfon af Gr�nd Isl�nd,Ne6nsl:a,Mon�ee,upon 100 �+pf��of �T-� -i
<br /> }� 949 FHA,do hsreb nt, coavay�nd monW�e unto ttu�fA ASSOCIATIOK W»follnwln{ r�i;�°�"��:•=-_—
<br /> nid ASSOCIA7'ION,Ccnili.ate No.lu Y 1ti �
<br /> '{,�.��'.'`�,�,��'��'r, �„ye�rq!ewte,dtwted i n H�U Co u nty,Nebrukc
<br />�..:� � -,_-�--_
<br />�"* �,�, � - - -
<br /> `�� �� Port of the Southerly One Half (S�) of Lot Ten (10) , of the County Subdivi- ,� - --
<br /> ,:..._.� I�;..'�`�.'��i���W_=
<br />'��� �� ' `� ' sion of the South Nalf of the Southeast Querter (S�SE�:) af Section Sixtee�
<br />�;;,��� .; (16) , in Yawnship Eleven (11) , North, Range Nine (9) , West of the Sixth P .
<br /> F==��� M. . baing moro psrtzculerlt described as follows: Beginning et the South- _ _f_._�
<br />���•... � �. � � `'��.` weat corner of lot Ten (10) Thenc� runni�g Northerly along the west line of `�
<br /> t ' Lot Ten a distence of Forty Feet (40') thence runn:ing Easterly end perallel .
<br /> • to the Northerly line of Lot Ten (10) a distance of forty foot (40' ) to the '�='`=°��"-`------
<br /> : I'� ectuel point of beginning thence running Northerly and para].lel. to the
<br /> .,:,. � Westerly line of Lot Ten (10) a distance of Sixty Four Feet (6�4" ) thence ,:�-:�_--._
<br /> �'.1'�:,,.���;, running Eesterly and parallel to the Northerly li�e of Lo�t Te�a ��il�) e dis- �-=""-
<br /> •'•�'�� '��-�^'' tenca of One Hundred Twenty Six Feet (126' ) to the Easter�v Itiv�� of seid _._—_
<br /> ,. , •
<br /> �� � Lot Ten (10) thence running Southerly along end upon the �aaterlp line of �� �='= ��� �
<br /> '� � � lot Ten (10) a distance of Sixty Four Feet (64') thence running ��esterly _
<br /> f`����".'� parallel to the Northerly boundery Line of I.ot Ten (10) a distence of One _
<br /> Hundred Twenty Six (126') Feet to the point of beginning. �------�
<br /> .. . S�.� ,
<br /> . ,. � toyether wlth a0 the tenementi,hercdiuments md appurtenances thereunto hrlunging, including r+tuched floor covenngs,all window xrcens, �'• •
<br /> - �r,a�ew:hades,hfln��.;«�m winduws,aWninRS,heatlng,au cunditioning,anJ pium�+ing and vnte�equipment and�ccessories thento,pumpt,�to.ro�, �:__
<br /> rei�orotors,and othet fixluresand equipment nuw ur hereaUe�ar.txhed to ui usea�n conneeiw�n wi�h��J rcal rsiaie. u,,;iqp�..--o_^_
<br /> a. � . -
<br /> ' And whereu the said mo�t���r hvs agrced and does here6y�gree tha�the mu�ig�gor ehall md wlll p�y a0 taxea anc7 as�spnents levkd or . ,
<br /> ' " assessed upon s�ld premises and upon this murlg�ge and the bund secwed ihereby befure tho same shdl becorte deAnqueni: t�•iurnith aPproved �
<br /> � :�i•,.� Insuronce upon�he buildings on sa�d premixs suu�ied in the sum of S 10,OOU .00 payable ro soid ASSQCI�i'7�N und�o dellwr to said �__..�-:
<br /> *;tr�%�`."`� �'• ���ATION the policie�fur said insuronce:and nol�o cummit or pemit any wute un ur about s�id pramise9: ►=n�-==_-
<br /> ~. _i`'�t.4'.;''•N�ya: ` 2�ti,r_`__
<br /> � � ;.+�:�.:�li, - lo wse ui dePault in Ihe performance of any uf the terms;►nd conditions ui th�s murtg�ge o�the bond securcd hnrebc,ahe mortgagee thall, �-,�{�{-�.,_,_
<br /> �,L on dcm�nJ, be tnutled tu immediate possessk+n oF ihe mortgagcd premises�nd tha mortgog�+^ Aereby auigns, tnnifarx ac.d sets over m the �
<br /> .�5� • mungaQee all the rem:,revenua and incume to be derived from the martga�ed prcmises during auch time ai the mung�ge indebtedness shall remaln �%:�Y+° _..,.�_._
<br /> unpaid;�ud the murlgegee shall hnve thc puwer ta appoint any agcn�ur agenls it may desire for the purpusa of repatring said pramise�ond rentine [#�'Y'�rY.�F :�.-.
<br /> �, „ ' the same and colkcting�he rents,revenuei and income,and it may pay out of said income aU expenses of repaidng�ld premhes and neussary �`�r';irs.`�-;,��
<br /> commiulons �nd rxpenas inwrred in renting and m�naging the same and uf collecting rentols �herefrom: tha baunce rernaining, if any.ta 6a � }'?"�-
<br /> ��1''�' Y „ applkd Ioward Ihr dluharge uf said murtgage mJebtcJneu:these rlghls uf Ihe murt�6ee may b e exerc la d at any�ime dwing tlwexi:tena oY such
<br /> �. • •..i.'�'(�,;' -._..,..
<br /> . • default,frrespecllve of any tempurary w�iver of the sama �' �}�"��"4`-
<br /> '�'•'�` � Theu Presents,huwever,a�e upon the CunJitiun,Tha�if thc said�1or��agor sh�ll repay s�id loan un ur befure the matu�ity of s8d shares by �,..�;;".�,',;,�';'.���_
<br /> .,,.;•,S �_�:.
<br /> .:;t4.f� , paymenl:p�y monthly to said ASSQ('IATION uf the swn speciPied in thc Bund ucured hereby �.interest and principslon s�edloan,un orbaforo k� ' ,!
<br /> the Twentiet h d�y of each ond every month,unhl said b��n is fully p�id;pay dl taxes and aueumen�s levied aQainst said premises and on�his Mo�tgage ,. -_�„��
<br /> � � .� and the&md ucured�hercby,befure delmquency:t'urmsh�pproved insurance upon the bmldings thereon M the sum of 5 10 ,000 .00 p�yabk '
<br /> •�'' �. to r�fd ASSOCIATION:repay to said ASSOCIATI(7N upr.n demand all muney by it p�id iur such taxes,uues9menta and insuranta wlth intarest�t
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<br /> t.+.1�1.�..w•a:-�`.t the maxfmum leg�l rau thereun from dau uf payment all uf wh�ch Afur�gaRurhereby agrees tupay;permit no waateonsaidprcmlus:keeprnd comply • - -
<br /> ��}�,':��?:".; :. . _ . r,'::g
<br /> with all�he�graments and canditionsuf the BunJ t'ur S 1 O�000.OOhis day g�ven b� the sa�d�furtgagur tu said ASSOCIATION,�nd comply
<br /> • �,yi{%� +� • wlth a0 thc requirements uf the Constitutiun an d By Laws o f sa�d A S S O C I A T WN:then thcse presents shall becwue null a�d wid,otherwise thay ' • -�:'° =—
<br /> ; shaU remain (n fu11 force und may be furcclused at the uptiun uf the said ASSOCIATION +lter failure for thrce months to make any of saW •'_:rti�..��.',:.-
<br /> `s;':��;rt.;, � � p�yments ar Nc three muntha fn orrears m making s+id momhly payments,ur tu kcep and romply with the o�reemrnts and conditbna of saidBond: , ,,�rT,-___-
<br /> .'i,!�.: ;(. !�. �. • •,� and Motlgago�a�tr�rs lu luve a receiver uppumted fur�hw�th m such futecluswe proceedings. ,
<br /> 11:.:...' „� =��l`' . . - ,r:cs.-
<br /> �4 qi�, .:-_ . M IP there I�any change in owncrshlp ul the real eslatc murtgaged herem,by wle ur utheewise,then the entlre remaining indebtedaes9 he�eby
<br /> 't•!':�;•�Y�.'� secured shall,al the optiun�!The Equitable Building rnd Lu�n Associufun of(�wnd IsI�nJ,�ehxa�ka.becutm immedlately due and pc+y�bk wlthout
<br /> ��' furthcr nutice,ond the �muum �cm�ininR duc under said bund,and any uther bund fut an}addltion�l advinces m�de thercunder,s1uU.Gom the
<br /> s;':�;,; .
<br />; . :;•��,, ,., d•rte of exerciu of sahl optiun,bear in�crest�i thc maxirtium Ie�l rate,and this mort�wge may t hen be foteclosed to satisPy the unount due on mld
<br /> ''�!"� � bond.and any other bond Wr addi�funal advances,tugethe�with ull sums paid by said The Equiiable Building�cr.M luin Auoci�tion of Grand IaYaad.
<br /> t•�.: •�:. y�.;,,<.y ' t:'�',r�."•.
<br /> �, ��r d,:������1'"��' he bra s ka for inwrance,taxes�nd assessments,and abslracting eztensiun ch�rges,with intere� ehereon. ftaar �te uf p�yrnent it the muunum '�
<br /> :1;`�� . ��;?+�y,i�'��1'�•y�{�r+;����!:" Irgdl rata �
<br /> � . .�.,�Z,�iat •�• ,;} �.;.
<br /> �• � r•... A s ro v i d e d i n t h e B ond secureJ hrrct+},wi►ilr th�s m�snea.e ermams�n eflect the r.irn�aaer may hereafter advance addlNonal sums�o the
<br />; ' . '� �.�_:.';�;�:y:�,E���:�;,. . P �:�.; °
<br /> ��,,�;;t�, ; • . , • �� nwkers oi sald Bond,their�ssigns ur succeswn�o mterrst,w h�:�ms�h�ll he within the�r.uri:y�. ehfs muttgsge t he s�me as�he fun d s ur i g i n a l l y
<br /> ',`��,} ;��. •'jr,;,�� : 9ecured t6erebc,the total rmuun���f principal debt nu��o ex�rrw ac aay cime 9he ocfgin�l arm�unt�f this mungage.
<br /> ; ''.�"•�' 91
<br /> i•' ' � ' ,;,;,�t'�;, / qnaa�nn 25th aay��i April A.n..�y
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<br /> j � ' xth�;., . , `.� . .::1, �� •-1�i� ..�.�
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<br /> �i`� .t'��- phyl'Y£s C . Schmidt
<br /> , . 57'ATE OF IYEBRASKA, u i�n��„S 25th J�y��i Apri 1 19 91.6efore me,
<br /> . ., C()t�1TY OF HALL�
<br /> thi underLNne�f.r'�.�at5�Pu91,c m and for s�.i f'ounty.petu�rolly�:amt
<br /> Kenneth H . Schmidt and Phyllis C. Schmidt. each in his �h� are perwn,llyknown►u
<br /> end her own right, and as spouse of each other
<br /> me lu be the idtnticol pc�um s whuse nsnK g e Te �Itixcd tu 1he aDo�Y insttument as murt�n�{ur S and th @y se�rnlly
<br /> aJcnuwledged Ihe vid instrumem to be t h@ 1 T �ulunur����1�nd dted-
<br /> • K'ITNFSS my hanJ inJ\oianil 5e�1 Ihe datc�tnrcv�d. ,
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<br /> ' � My Cumm�sswn e�pires `1 �/� �-►=-f•. , ._ � i �l �t. �-
<br /> � •� ��,��� � Nutary Publfc
<br /> � s.i•u��u �� �O�a� f��. HA
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