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<br /> REAL ESTATE MORTGAGE 84"11�i4�1
<br /> GARY S SPOTANSKI AND PAIII.A S SPOTANSKI� HUSBAND AND Wl'FE
<br /> d t�Couoq of ue1 � and&�t� eL NFtaROSKA u...in.tr.r ��!b� ptrty oi tlu &�t qe't,ls
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<br /> �q�a�FIFTEEN THOUSAND FQUR HUNUREO ELEVEN ANO 00/00 -•-------------------^nr►yy�ag, �
<br /> L h�ad Ddd, ��b7 t�+�buWo.wll �sd oon�q uoto t6� Hom��duyl i�rin�s l�Lo�aA�ocl�tlon oI tir�ud Y�lud.
<br /> HALL
<br /> Graod IsLnd,N�bta�u.aad ifs wa�ors and a��l{ns,the tollawW s�l �tat��dtuat�d in —.--
<br /> _-_�- _-__ _- � �oy�y� 8ttt� o* NEBRASKA � �towlt:
<br /> -- THE WESTERLY SIX (6) FEET OF LQ7 SEUENTEEN (1?) AND ALL OF LOT SIXTEEIU
<br /> THIRDESUBOIUISION. GRANO ISLA Dt HRLL COUNTY,INEBRASKATEN (70). PARKHILL
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<br /> , _.�y�S3:?� Fa:S .•..�•.-. Together with �11 the Rpptutewnce�tha�ounto belonQinY� u►d al covanaut�ia all tde tltla deeds runninQ with�aid esqte.
<br /> , -,,,:.,;..�.�,. .;: �;.; and�11 the rent�,i�ues and protiu arL1n� theretrom �ttar defRUlt in p�etormRace oi any oovewnt oc conditton hartln �on-
<br /> '" ••':� •• ..,;, Wned; and waranta We title thereto Pertect�ad cleu e:cept for tLtr mort�+�e• —
<br /> r�-� • � Durina the time Wis mortQa�e is in force the :aortQ�iori��res: -
<br /> • .., Firsk To p�y all taxes and special�sse�aaeuta levIed�dnst aid premisei. ineludinQ �11 tuca and aae�smeats levl�d _
<br /> - upon th4 mortQ+��e,or the debt �ecured by thl� mort�tae.
<br /> ..� i.i..r.:;',o_:.,:.�-:';�, Second. To kaeD all bulldin� thereon fasarad atlainrt loss by tire�111thtniu� �nd tornado in wme comWnY� ��� —
<br /> -- a-z:-� • . — . 9 5,41 i.00 �-, ,
<br /> � � proved by the sdd Home Federal Savin�s &Loan Aasociation of ar�nd I�l�nd ia the ium oi � �f�'
<br /> � ' the benetit oi tbe uid Aasociation,ind•its �uaesson or as�f�ns; and tu depwit said pollcies with stid Associstlon, and �hall not �
<br /> • commit or witer u►Y wute on s�id pnmi�a, and shtll put and k�ep Wid ns�l eitate bulldia�s +nd improveo4c+rhs ia �ood
<br /> ;�-� o!dle. �
<br /> � Th1rd. To pW or cau�e to be paid to the Home Fedenl Savin�s ic Iasn A�eoci�t�on of annd Island,its succ�twr�or _
<br /> FIFTEEN THOUS ""--���'
<br /> . wiQas. the ium of� 0� --- -------- �
<br /> y p�yable �s tollows:
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<br /> �;��. A SINGLE PAYI�ENT OF PRINCIAL ANQ INTEREST aUE APRIL 14. 1994 _
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<br /> � with intereet thereon payable,according to tho tenor and effect o! the one certaln ftrat mortg�e aote of �aid mortQa�ors. � ��
<br /> � bearin¢ evea d�te with theae pre�enta. After maturlty aafd bond drawa interert at the rate of niue per cent per�aaum.
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<br /> I If aaid taxea and aisesamenta are,not p�id when due,or if the buildinBs on snid premises are not Insured aa above pro-
<br /> vided,or it Any oi a�id intereet is not pdd when due,then saId whole debt shall become due imraediately,at the optlon of t6e � ;
<br /> safd As�ocid[on,and shall thereafter draw intere�at the rate of nine per cent per annum.
<br /> , The mort a or hereby assiga—. to �dd mort�a�ee aU rents and iacome arlsing at any and ull tfma from �td � 1
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<br /> property and hereby authorke aaid moK�aQee or its a�ent,at tts optioa. upon default, to take charge of said property �nd � �
<br /> ,; . collect all rents and lncome therefrom and apply the eame to the paym�nt of taterest, principal, insurance premium�,taxea. :
<br /> �' � � aeaeesraeats, repair� or improvementa aeceasuy to keep tatd property in tennntable condition, or to other chnrgea or p�y-
<br /> "' � menta provlded for herein or!n the note hereby eecured.Thia rent assignment shall continue in force until the unp�id b�l- `l !
<br /> � �, • � ance of:aid note ie fully paid. The takinQ of possesston hereunder thhall ia no manner prevent or retard aid mortIIo�ee in � �
<br /> , I � the collection of said sums by foreclosure or otherwise. � ,
<br /> : W6ether aeid debt becomes due by lapse of time, or by reason of the fa[lure of the party of the first P�►rt to comp�j►
<br /> with any condition heretn, the satd Honie Federal Savings &Loan Assoctatton of Grt�nd Island, the succesaors and�ssiQns.
<br /> � sha11 have the ri�ht to begin the foreclosure of this mort�age at once on the whole debt hereby secured, and to inciude
<br /> � therein ill toxea, as�esarneatr, iacurance premluma and costs,paid by it or them; or eaid Axeociation, ita succeasori or �
<br /> y�� assigns,may foreclae oaly as to the �um past due, wlthout lnjury to this mortQa�e, or thc displacement or imp�irment
<br /> � + o� the llen thereof. �
<br /> � And the satd flrat pnrty and We makers of aaid note,eapeciaUy aQree and declare that the separate eatate of e�ch�nd
<br /> '� every one of them, includia� both that now owned and that hereafter acquired, !s pl�daed nnd bound for the payment o!
<br /> �` t� the debt hereby aecured. �
<br /> �—_.._—_.._._ _ f� .�... .�.., w.....w��wMManf ..t an� wft in toreclwure the nlsintiff therein ahtll be entttled to tbe immediate posseasion og
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<br /> at�id preralses utd the appointment oi a receivor therefor, notwlthstxnding they may be the homestead of the occupant mu �
<br /> t notwitbatAndina the parttes ltable for the debt may be solvent, and the flrct party hereby consenta to the appointment ot a
<br /> •� Receiver upon the production of this fndenture,without other evidence. �
<br /> The fore�otn� conditiow and n�reements, all and ttnQular,beln� fuUy pertormed,thla coaveyanco sholl be void, other-
<br /> ,. �� whe to bv and remain in full torce and effect.
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<br /> g��a c�,�. 8TH day oL_ FEBR A Y s. D., i�94 �
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<br /> Ia preaence of '
<br /> SP ANSK �
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<br /> .. • PAULA S SP07ANSKI"
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<br /> f�IMi:�.�1f,.N/w6.1;!"w11M::i�a�w.. .�iCl1,, '
<br /> 11�+.^".SMM�21.�M�PI�C�i��^MMIODItir�001 �
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