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<br /> � � Midland BuiXd�ra Ina. A�Ns�raska Corpoaration _ _
<br />_ ._�... .
<br /> I�obrciulsc
<br /> _�—=====f=—__' Hall � _ *�titaiter c�llb tb� D�f et tlw fdrrt yart,ia
<br /> ot t� Counqi M.- �nd S�tau �—
<br /> — -- comtd�sYtioa oL,� Ti'r�ty T�6��d �t�d 00/100 (�ZO 000.00) __,.npLLA�e�
<br /> !n Wod 9�da h�by Ra�t.bu't�i4�11 aad cona7 � t�s�ioms�+d�l�arle�i Lora A�odatlon a[GrWI LL�d.
<br /> _ - - �irand Isl�d,N�b�b�,and tts wx�ors�ad+M�ar,the follarIn�raal aht�,dtwt�d ia
<br /> Hall
<br /> - CouMS����� Nebraeka � .to�t�
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<br /> ° Lot Thsee (3) in R.W. Ra�rmussen Second Subdivision, to Grand taland,
<br /> Hall County� Nebraska.
<br /> I,. ! �- _
<br /> i,��4;
<br /> I�� .. . .. . . ' wlth sa�1 areal a�bde.
<br /> ldelo end.au co
<br /> in�ll the
<br /> tltLe de�4 samrilut
<br /> Together with atl the appurteaanceo thereunto a� ����,�aaa6 os condition h�ein coa�
<br /> and all the rent�, fesna aad P�b�� tbereitam a8kt detault
<br /> tttaed��nd warcanM tlee tttle thereto l�eet uad c3rar ucept ios tbia murt�e.
<br /> �' nurin8 fhe Wme�.his mortg�Be ie tn force the mo�a8oss nB��
<br /> ' . • Fi�st. To m,v a�1�s�na apecw .�e�rts leviea agaiad e�td premiaes. mswasng an +taus .na a�easment� le.tea
<br /> �.-_—,_�_, _ _, ,�
<br /> - upoa t61s mos��e,or the dEDt se�ued 1iy ti� mos�Ca�. ' _
<br /> �� � '•�• Secoad. To YeeP �ll buildlnBB.thereoa tasu�ed oBAia� loss bY�l�tnine and¢ornado in wme camL�Y.W be+�p
<br /> A • �toe
<br /> prov�ed bY the eitS Hbme Feder+al Ss'vi��dc Loaa Assocl�tion oi Qnnd Ioltu�d ia Eha ewa oi�
<br /> I the beaeiit oi t�e sai�ffeBOCtatton,an�ita eis�or assfgos: end to deDasit eiid Dolides with s�id Aasaola8on.and ehdl nd
<br /> e
<br /> commit or wHer a4v waste on eaid premiaee, and ehall 8ut end keeD eaid re�l eRate bdldia�s ans3 lmProvemeats ia gaod
<br /> ordes.
<br /> THSM. To DaY or oante to 6e P�to the Haae Fedetufl 6sv1n6a& Loan Aseociatton oi Qraad IsUad.ite eucoeesor�os
<br /> Y
<br /> �ulpie.the wm ai 4
<br /> Twenty Thousand ana 00/lOtl (�2-^- ^^" ^^� �a�
<br /> yr�rable a� foIIowa�: —
<br /> Interest to be payablemonthly vith a first payment befng due on June 1. 1994�
<br /> - ;��,
<br /> and a final principai and interest payment beiag due on October 1, 1994. —
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<br /> 1 ��,�`� _���`� with intereat thereon yayable,acsordlo8 to the teaor md effect oi the one eertain tlrst mort8a8e aote o4 eaid mort�8ora� ��_ -
<br /> '` be�riag even dt3e with theae yrea�enta. At�i' au� �d bond dra�s �at the rate o!niae per cert per �annm. r_._
<br /> . ~�c.��.�'•_F'.� _ Ii aaid S�s and asse�sace�s ar�not P� whea dne�or if the bulldin8s on e�id premlees are aot fasured a$above pro- --,
<br /> ", E� . ' vide�l,or it any oi said iatcrat ia not pnid e�n due,then eaid whole debt eball becoma dne immediatelY�at the optton M the -_
<br /> ..t�:• '; .
<br /> .,•,.-;.,_.,:. : eaid Asaociatton.ttnd ehall thereafter dsaw interest at the tnte of niae per cent per annam. 4
<br /> The mort8+8� hereAY �ae1�-- W a�id mo�lgaSee all reffie auQ income arls7aB at aaY and all times feom said
<br /> ,.¢r � and hereby authorlse eaid mos�Bee or its aK�e�,at ifs oytfion. uBon defautt, to take ¢�e of said prope�ty und ,
<br /> � �,...:,� • - yraDe�Y ins�luee premiume,teues,
<br /> -tin��...:;; . : collect nll renta and tacome tQere�om and tipply We 8ame to the pa➢ment oi lntee�e�t, ?�P�.
<br /> esseasmente,reDaiis or 1Q►Drovemeute ne�to 2eeb said O�Der�r ia t8asnteble coadition. or 40 other cbuBes or pa�y�
<br /> ,`•�.:i,i:;:,'::. � ;' me�s Drovided tos herein or in the note hereby eecased.T�i.i rent esalgament eL�ll caatlaue in Yorce nntil the unpaid bal•
<br /> � � ,x;� •;�_?,<y�. - � aaco oi seid note te fu11Y P�id.The tekin� oi �sseasion h�reunder shall in no menner preaent or retard said mort8a8ee ia �
<br /> . . : 1� tho collectiaa of satd sums bY loreclosuto or ott►eralse.
<br /> Whcether etid deD!becomea due bY 1a� ��e. or by reason oi the falIure oi the party af Rhe first 1wrt W comp$r ,
<br /> wi�h any cpndit#aa►hesein,U►e satd Homa Feanraa Snving� &Loan Aasocl8t�on oi(iraad Island, the succeasorn aad asaigns.
<br /> � ehnll Ziave the r18h4 to Oegla the foreclosure of thie mortBe88 at oaee on tho ahole debt herebY aecnred. and to iaelnde �
<br /> ''.� ' ';., , , th� all t�ea. assea�eate. inaueance pn^eminms aad cosfa.P�d bYtotthis m�oitS�I� or 4he�dictp�a�c�emcnt ca imDalrment -
<br /> • asnlGi�s, mqy fosecloso on1Y as to tRc anm past dne, wtt� i�►i�9
<br /> � �. � o!tt�o lien thcrceL �
<br /> And tho eafd tiret P�and the mste�e oi eaid aoto,esDeeiri111Y a8�and declar�Y6at the E��arate estate of eacL and
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<br /> .__�„_.. � .._•�...�..��a•ad that IIercafter ncauir2d.1s P1edBed aad ba�ad for tho P��t of -
<br /> _ _ _s_.--�-.------ evas9 oae ui i¢v��aaca�av.�a .�.... ---—_ _..-- �
<br /> � `� ' Wo deht aerebY securad. �-
<br /> . �,l '± .. � ..
<br /> Af;ter!he commeacem�nt oi oaY s� in foreclosuro the plaintifi therein eHalt be entitled to the immediaLo�ossesnion oi � �
<br /> '",. ` • . said premfacs md the appoin�ent oi a r�eaiver tEereior, notwltbstandinB tDe�► maY be tde hommtead ot the occuPant oad
<br /> 't notwitbataadLne �e P�es ItaDle for the deDt aosY be solvent,and the tirat yarfy' Lu�ebY conaente t�the+►PPeiMment oi a �
<br /> � � ' Heceiver npon the psoducttoa of tNa iaAeature.wt�hwrt other evideace. ,
<br /> �~.::; . TLe torryoin8 coaditions�nd a���. �il ead du8��.bein8 iuUy Derformed.thie conaeY��e ehaii be votd,other �,
<br /> adw to be and sematn in fnll force and dtest. ;
<br /> ' 51���• 17 t�h daY o* M�Y ° D„ ip Q4 �
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<br /> • �� . Midland Suilders Inc. ,
<br /> .. • �+w In Pz'eseace oi , 1'Q�.�. C.
<br /> !:, � .., S '
<br /> st��;�,�:• ,
<br /> � "°*'?�� y�� . Bys Ji L. Seim, President I
<br /> c. t• � I��.� �
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