|
'_�F6�.. - ' - ��. .°' -.}� -`•c'r"� , '_. _ _
<br /> y .� _ __ _""'_ 1_ _' ' '_ ' ' ' .. ... _ .. ._. . ' _" _..' "
<br /> ����-,._��"..._ ._� a , _
<br /> �I . ; ,�'. -
<br /> , �� ` :.. , - . - � - ---�-_ '°_ -_-
<br /> � -` ^ .
<br /> �,�' � _ . " - -- � -. . :.._.�.,.... , - ___
<br /> `�� `�<�' � . ��� � � . _ . . . . g1-107254
<br /> �="..11�' G . Y
<br /> .:.yiYF.ai��ir�i
<br /> ���".��� ' ' . . "
<br /> = � � To}L►v6��rra To Hetn.the ss�me unto the Mortga�as herein provided. Mortgagor represents to. __
<br /> , aad coveaanta a+ith,the Mortgagee,that the 1ltortgagvr has good ri$ht to sell aud coavey esid premises: �=X,�,-
<br /> ;� that they are fsee grom encumbrance,except as hereinotherwise r.ecited;that the Morigagor�vill warrant .-�.=
<br /> " snd defend the same againat the IativfW claims of alt persons whomscever. biortgagor hereby relin�ishes ��"�Y��--
<br /> T �:=".��-�� :
<br /> . " - ,` . ali righta of homestead.t►11 marttat righta.either in laiv or ia equity,and all other contiagent interests of x:�s.�-T_
<br /> �.• �_'`�` tbe Mortgagor in and to the a6ove-described premise� � . .��?�*° :`;
<br /> ��.
<br /> _.�� . :�-�=
<br /> '��' F�avIDID Ae.weYS.and these presents are execated arcd delivered upon the fo}toa►ing conditions,fA :�
<br /> �T� ' ait: - - : -
<br /> `:'s_ , . D�iortgagor a8r2es to pa,F to the biortgagee.ororder,the aforesaid principal sum�vith interest from date .
<br />- , . � at the rate of n�ne. per centam (9.QSo) per annuui on the unpaid 6atartte unE�'1 paid.
<br /> . .,�.-:.,'` T�esaidprincipa}andinteres±sl�atl6epayablestt6eofficeoY The Equitable Bldg. and_Loan Ass'n. . .
<br /> � in.� Grend Islend� Nebraska ,oratsuchotherpla�ceastheho2derofthenotemaydes�gmatein
<br /> writing delivered or ma�'ted to the biortgagor,im m�ntA3y mstaliments oi $273.58. � : �
<br /> l� -�� Do}lurs(i 273.58. ),commencing on the firatctag of Decemher 1 .19 S1 :�dcontinuing on �, �_
<br /> ` the firstday of eacb manth thereafter until said uate is fuily guid.except tha�.ff not soaner paid,the firuil - - -- --- - -
<br /> � x ' payment oi principal and interest sha11 be due and payable ou the first day of November 1, 2021 :� ' , :
<br />. �"���i� � �` ���� 1 ` according to the terms of a certain pronaissory note of even date here�vith executed by the said Mortgagor. . : ,�:�;�
<br /> ::=v;_,E�" .
<br /> -t:-.,'."; :�.;�:• _,_ ,• c.-s,,•r'<
<br /> . �� � i'.� �t. The Mortgagor further agrees: . J .�`�``` '
<br /> _. _ -• .• .. ;:. - . .. .
<br /> � �`'' . . . - 1, He/she w71 pap tite indebtedaeas,as hezeinbefo:e pmvided.Privitege is rese:ved�to pr�n�y at at►y � !���
<br /> ' � time,Wl�out preaiium o=fe�the entit�e indebtedness or anq part thereoi not less tban the sr�teu�t of oae ; ' "�` j
<br /> ti e ±;-•:.>:�' '
<br /> -�°�� � - instalbmen♦ or one hundnEd dallaas( 00.00 whichever is teas. �f ent�fuU shall b��d oa 13s� . t`'.;�:�.
<br /> , � .. - 4 l� �s �`V� ' ... I'�i'is 7.:.r�.
<br /> ' . PrePaFmem� 'v ` F .,.;
<br /> date receitred. Partial ather�o�an inataUmeat due date,nee�nat be�_unbl�.�� ;��-
<br /> `;'� .-. . �` � n e a t f o ll o w i n g i n s t a II t n�t d u e d a b e ar�.i t t y da y s a#ter sucb pre p a y mea�,wbicIie�ea is eaQlfa� . . . �-
<br /> . � � • 2. Tagether with,aad'ur ad�cfrr�s tn,the monttily payments of p�riacipal and interest �.I^able under . . , . ' " ;:_
<br /> ° °�.� �±..._ .., the terma of the note secured hern�s�f:�'ortgagor wili pay to MortSaB�.as truste�(under the terms of this. • '�-="�
<br /> � � �� � trust as hereinafter stated) on�Yie firat day of each raonth unh'I aaid note is full aid: . . .'`�;�=.-
<br /> Y P :,;•'��•
<br /> �,::���j
<br /> ' • ' � , '.J�:`Pt�'•F9Z
<br /> � „ . . (a) A s u m e 4 u a i t o t h e g r o u n d r e n t s.i f a n y,n e x t d u e,p l u s t h e�r e m i u m s t h a t wil l next become dma . . ;�,1�t. ,z
<br /> , • • and papabte on policies of fire and other hazard insuranee cuvering the mortgaged property. � ��
<br /> `.;,. :::�,. ' . . plus taxes and assessments next due on the mortgaged paaC:serty(all as estimated by the bior�. • - • .
<br /> . .�,�
<br /> � ' �: ' " gagee,and of«htch the Mortgagor ia notified) less all s�s already paid therefor divided hg- ''�"x�'`:
<br /> .',. ._ :;•,' - ,f':�:F. :
<br /> ".� • .. � the number of months to elapse before one month prior to the date when auch ground rents„ �''eh���' .
<br /> .•,.,.;�,,�
<br /> � r miums taaces and assessments wi116ecome delinqaent,such s�ta be held by Mortgagee �;:'�:.';:',t.�`
<br /> �•�� � . n tsust fo pay said ground rentts,Premiums,�xes and sgc-�ial a�sses..�nts. � �� . - °.;`:!{,°``
<br /> � � (6) The aggre�^'.T.Ce af the amounta payabte pursuant to subparsg�agI� tat �n�d those pa�i��e on the � � . < <:����� ':
<br /> , . note secu�:�hereby,shall be paid in a single payment each month,t�t��applied�'he follow- i . +�,;T r' �
<br /> .,,;�.
<br /> � � . ing items in the order stated: _!:::_�';•
<br /> f.- ..,., _
<br /> � (t) ground renta,taxes,assessmenta,fire and other hazard insurance premiuma: � • , ..
<br /> , ,: � (t�) ecterestonthenotesecuredhereby;and ���'`''
<br /> �.��.'i.i�. . _ .
<br /> , (tit} a;Lrartization of the principal of said note. a�.��;:,� '
<br /> ' Any defe�ency tn the amount af any such agSregate mostF�tp payment ahall,un2ess rcade gobd ' � •�
<br /> _ : ;`::�;.:;;, by the rlor!gagor�cia.•to the due date of the next such pas�anent.constitute an event of defav�.� � � '
<br /> ' �'��°''�'• czader t�is.maxt��:�e. At ltiortgagee's optian,Mortgagor will pay�"tate charge"not esceed- �
<br /> � ' ing fa���r e�nt� i�`�=I of any install ment�ehen paid c�are than ff fteen(15)dav s after the � _
<br /> , � due da*.e J�ei•eof to c�c�e L!Te c-hZea�expeuse involved in han.utingdelinquent paymF.�i:s,butsuch � . �
<br /> • "late charge"shal!ra�'�na;able out of the pi�oceeds of any sale mad�to satisfytk�indebted- .. � �
<br /> . :.:�.'.:
<br /> -. � . �,,y;:; ness secured here��v k:::?as such procecds are�affccient to discharge ttt�Entire irtdebtedness and
<br /> �•�"����'�`+ � aU proper costs aa�E�enses secured thereb�-. .
<br /> � •r. -. . �r�:����;;..:. . ..
<br />. . ... :,:f�!1.;�. .. .
<br /> �� S. Ii the total ctfi Ghe Daymenta made by the Mortgagor under (a) of paragraph 2�rr�eding shall
<br /> "'.`:r,,.. .:;,�.,
<br /> _ � , . ����;. . � exceed the amount c�paymer.�actnally made hy the Mortgagee,as;rustee,for ground rent�,taxes and ;�,
<br /> ;;,. � � �f�s;;i:`. assessstenis or insurance pr�:•s*�s,as the case may be,such excess ahall be credited hy the Mortgagee
<br /> � �'°�� on subse�uent payments to be�2 by the Mortgagor fm�such items or�at Mort�2gee's oDtion,as trust,c�, i . '
<br /> ' � � ahall be�:amded to'�iortgagor. lf,however,such m�n±3�ly payments ahall not be sufRcient to pay such
<br /> ' items wta�n the satRe shall become due and payable, then the Mortgagor shall pay to the Mortgagee,as
<br /> � truatee,any amount mecessary to make up the deflciency within thirty (30)days after written n�tice from , • '
<br /> � the Martgagee atating the amount of the deftciency, which notice mAy be given by mAi1. If�t any tinte �
<br /> � the Ma�gor ahall tender to the Mortgagee, in accoc�aance with the provisions of the nate secur�i; � .
<br /> � � hereby, fcstl payment of the entire indebtedness repr�sc:nted thereby,the Martg�:gee,as trustee,shall�
<br /> ' `�: � , in computing the autount of such indebtedness,credit to the account of the Mor'gagor any credit balance ; , ,
<br /> ' r- accumulated under �.e provisions of (d> aP paragra�h 2 hereof. If there shall be a detault under any " r,�
<br /> � ''• ' oi the proviaions of iIiis mortg�.ge resulti�sg in a pnhtic sale of the �remisea cover�d hereby, or if t�te
<br /> �'' Mortgagee acquires the proper��stherwise after defa.u:lr� Lhe Mortgagee,as trustee, ahall apply,at the
<br /> . � '�'�' time af��e commencement of s.�� praceedings, or at 4�Lime the property i�atherwise acqnired, � �
<br /> ' sinount_xT,.e� remai„�aing to credit the Mortgagor unBA� !'a) ot paragraph 2 pr�-f:ing,as a credit on!d:e �
<br /> . interest aecrued and unpaid and the balance to the pri,,c;pal then remaining u�paid on sa�d ccote.
<br /> � • �!. Tf:e lien oY this instrnmeLt shall remain in fnlZ faree and effect during any postpon�r.:�n'�or eact,cu-
<br /> � � � sion oY the time of payment of t�2c-�:adebtedness oranv aa:�tthereof secured hereby. ; �
<br /> � 5. He/she wii� gay al! �:d rents, taxes. assesamente, water rates, and other govemmental a� :
<br />- -. .. - , ---�.3. m�iclpa]chs�es,��rces� ar i��a�itions,2e��upon said premiaes and that he/she w1ll pay all taxes levied , , •
<br /> �=.
<br /> , ��`
<br /> ' u on this mo e cfr the��tr�.'�c-���retay�tdg�GT WlW 8iljt dV1Et�iCa'di a6SES6658t1�S C•�sich ai�;� .,.
<br /> �i.. ..' - � P �B ; i ,
<br /> . ... . �._____:.__,..:. _ 6e levied Under tI�e Iaws oti�'c�s�`.ss':'ta ag�nst the Mortgagee, ar tlne�egai i�uld�r ot sait�p�i�ecipa� not�;+s� :
<br /> ;�; : account of-tbis iadebtedaess, e$aept when payment for all sucb itema has theretofore been made unde�{a�
<br /> � � oi para�rapB 2 heneoi,aad he/she w�l pmmptly deliver the oigcial receipts therefo=to the Mortgagee.In
<br /> deiault thereoi ffie MosEgagee may pay the same. ..
<br />� __ .:r �' �� , . �.' - i
<br /> ."". f ; o
<br /> . [
<br />
|