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<br /> ; -,�� RF�L ESTATE MORTGee►C�1�4� -_- � ___
<br /> _ "- -�rm�1't�,'rR'� ,1����� ��� ..�a°�:;,.:_:_. .
<br /> C�11YRiICYIQN S£CURITY WGAEE�IENT - �. - .
<br /> ' �� ORQaN t SORENS N AN� JEAN m S�REN�E�e ui�aannt ��,�tFF T "�""''-f - -
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<br /> ; -�=�'�r::P HALL and State et N�BRASKA tiereiaefter called the party oi tho tirst put,la =:.;?«��'�_,���-:_
<br /> �•A-, . � oi the Coun�oL ' _ -
<br /> � "'� EIGHTY FIVE THOUSAND AND OQ/100---------------------------------- nOLLARS. . ,: . �
<br /> • �ti tron�ides�tlon ef �1 � '�'
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<br /> `�: - G�1� y«i+w da L.ar�.E3►giaa3,�=r�l�.�"�1 aad soa�vep woto the Hca►e Federa18av1nQa&Iaan Aesorinfian oi Grand IeLud. , _ -
<br /> �ffeaad IaLnt1.Nebsa�ia4 and ib sttocwots aad aaat8�,the follawlnK real estate,dtaated i* HALL - _
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<br /> Co�m�. State ot NEBRASKA , ,y�� - „
<br /> THE NORTH THIRTY FEE7 (N30°) OF lOT F�UR (4) AND SOUTN EIGHTY-FIUE FEET (S85°) OF LOT
<br /> " THRE� (3), BLOCK TWO (2) EIGHTH ADQITION TO CAIEtO, HRLL COUNTY, NEBRASKA. �
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<br /> � � • 7�ogether wf4h a81 the appmleawncp therennto beloz�n�. and aIl ea�venants in all the tltle deeds ronnin8 wlth eatd real�s2+�?e, , .
<br /> • . �n8 aIt We rPnts�iasnes and pmSte arlsln8 thesehom attsr deYaab2 �n pertoa�mance oi any eovemant or conditloa herei�►ea� �_� _�;,.,,_
<br /> . �. htaed; wd watrnnffi the 4ltle their�Eo 9eifeet and clesr eacePg fns Lnis moit8s8e. . „ ..,..�,�:�
<br /> � IImring the time tI�is m�rtgage ia in foroe the mortgaBo:s n�ee: .���- �..:-.
<br /> Flrst. To pAy all ta�s and spe��al assessonents levled aBeulnat aetd Premises. ffieludin8 all�s and assessments Ievted a�i ., .. �'�--f
<br /> • apon tbls mortga8e.or the debt secnt�ed by this mortga8e. (', ' � : .. ; ,*, ,ti
<br /> 8econd. To loeeD �II bt8tdings Efiereon ins�t+ed aBeinsi loss my Sre.1ightnin8 And tornado in some cwnPanY.to be ap ;':�:� � ,p,�r�j
<br /> $�=Qf1f1,f1R �._• `,•,f.,��.,�; i
<br /> , proved by tlte said Home Federal 3avlmgs 14 I.oan Assodatlon ot�aand Island in the sum oi�c • ..�—ai;�.•::
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<br /> , � We benefit oi t�e saW Assoc1atIon.and�ite snccessors or ses1gns: and to deposit said pol[cies wlih said Assodation,and ahall no! �^. •;::•,�:,rk •..
<br /> ,-,;,' commi!or saHer anY weste on eaid p:emises. an�3 sLxt�Ul Put and keeP satd real estate bn31din88 aad imProvements in Sood �",,
<br /> s� otder. "�
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<br /> , ., .. TleiceA. To pay or canae to be paid to the Home k'2deral &avin8s&Loan Associatton oi Grand lsland. iffi sna�essors or . ., � ��
<br /> �� �� EIGHTY FIUE THOUSAND AND ODf�00----- ° `
<br /> ° payable as Sollocvs: ------------------ -------- pOLEaI-�,�4.4, r ,,
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<br /> OUE: OCT�BER 8, 1994 �'�'R" ��5 -� �
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<br /> , '��:�" wlth interest lhereon paqable,according to the tenor end efiec2 of 4te one certafn iGrst mortgage note of said mor�a�.ans, ( � j ;�; �
<br /> � �. bearing even date wtth these presente. After matwiitY sald bond drawa interest at the rate of nine per cent per anaum. � 1 � '���rtilt}'..
<br /> � If said texes and assessments are.not Paid when dne� or if the Dnlldings on seid premises are not insured as above pro- � �'F;
<br /> vlded, or if aay of said interest is not paid when dne,then said whole debt shall become dne immediately,at the optioa of the � -`%,: ,
<br /> � eaid AssoclaSon,and shall thereafter draw interest at the rate at nine per ce�per annnm. �;,
<br /> ' The moitBe�or hereby assi6�- W said mortgagee ail reate and income arL�n6 at aaY and all tlmes from said s �,
<br /> � propertq and heteby anthorize said mo�&aSee or its aBent, at iffi option, upon defautt, to tage charge oi said pmperty and � :l
<br /> . rnIIect all rents and income therefmm and aPPlv the same to the payment of laterest, PrIneipal, iasurance Premiums,taxes.
<br /> ,�. asscasmenffi, repales or flmprnvemente necessar9 to ksep said propertY in tenantable condition, ar to other cLargea or paY-
<br /> meats prorlded for her¢En or In 4he notc hereby secured.This rent asslgnment she11 continue in force nntil the nnpatd bal- � 1
<br /> ance oi said note is tuIl�y paid. The 4aidmg of poeseasion hex2under shall in no manaer preveat or retard sa[d mortgagee in j,
<br /> the co]Ierkeceu of said sums by forecl�snne or otharadse. �
<br /> � � V�eBfi�r said debt becomes due by lapse of time, or bg reaso� oi the failare of the party of the Hist part to xoraPly ,
<br /> miffi any conditlon herein.the said 8ome Federal SavinBs dt Loap►Assoclation of Grand Island, tt►e successois and assi�ns, .
<br /> stntill have the right to Begia the forectosure of tAis mortgage at once on the whole debt herebq secured, and to iadude ' ,
<br /> ' � thei+ein t{ll taxes. assessments, insurance premiums und costs, Paid bq it or Y�em: or satd Assoc{ation. fits successors or
<br /> ,., sa9igns, may foreclose only as to th� sum past ¢Znz, without iaiwy to t�5s r�cutgage, or the dleplae�sa�st or impairmeM : !
<br /> •,`<`;''; c1 t�e Hen ffiereoL �
<br /> An:l the seid first partY ancD the ueahen; of said note, esAecla�ly aSree and declare 4ha4 gtte separate estate of ear.m and
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<br /> ,, � � � �: eeery oae of them, includiag �th 8�ai now o�aned and thatt Le�after accavire�,is pled�ec� and bound for the payn¢emt oi
<br /> � � the debt hereby secuc�d. � "
<br /> -- -- -- After the comts►enc�mu.�t oY anS+ snit in fornxlasuc� 4�Q plaintiff 4kernin shaII @e entitled to t�e��3fate gessessian oi • .
<br /> �i
<br /> _ - � said premises and t�e aggoimt�ee.nt oi a receiner saerniar. aot�t�staadia8 saey may aa ifie aomesie�u v?"a'� ���: a.... �
<br /> aotavi44�s6actdin8!he gar6i�s lialble fcr tP�e debt maq he soYoerr�,aad the first party 4terehy cn�sen8s to t�e a�paiIISeaent of a _
<br /> II�Ce3erer rogon t�z �¢dlon oi Sgfs indentvre, wlthout o4hsnr evidence.
<br /> . . ° T�e foregais�8 ¢oudi8ioscs aad a�eements, all aad slogvlat, beinffi�Y P�rmed,t6fs conveyana�e�?u�It De�id,other- �
<br /> � cvise to be and remain fn full Parce and eHect.
<br /> ., . � g��tht� 8TN dnv RPRIL D" 1 9 ' �
<br /> In presenCe of `� �� 's��
<br /> ,G�QON L. SO SE(G�
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<br /> J N f�l. SQRENSEN
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