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<br /> �� , �STAT�_ �MI�R�GAGE 94' 1���s .
<br /> - - — �STIRULY ION �fI.�IRITY i���Nl
<br /> = E�RIAN L. SCH4JAflTZ,A SINGLE PEa50N
<br /> - o!t6e County i�.�.�.�� ' anA 8ltte oi NEBRASKA her�ln�iter called the BsctY ot tla� i9rt! yt�et,!A
<br /> � eo�[d�tloa�L �EUENTY THOUSANO AND �0 1[!0- - ---- - -- ----- �- - ' -- "'�OLLAIIS.
<br />- !n b�ad D�d.�o b�a�eD7�e�,�as�e,NIl aad conrq► unto� tbe 8ome Federai 8stlaP&1Gom J��tion ot tira�Ll�ad.
<br /> — Qtand IaLa�N��adu,and!h�ssocwoes�ad adjn�the fo]lan�ln�su�at�t��dtusted tn_... HaLL
<br /> ��� C�t7,State ot NEBRASKA � � tos+IR °-°-_
<br /> �; LOT EIGHYEEN ('18), HERITAGE ACRES SUBDIUISION� IN THE CITY OF GRAND ISLAND.
<br />�' H{ILL C�UNTY, NEBRASKA.
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<br /> To�ether with all the appuetentace�theteu�to 641+�S;AB��ad�11 coveaanta in all the tttle deeds sunatn8 wlth aaid real esttte� _---
<br /> md�11 the rents,is�na and proS�arlsin8 there8com aYtet default ia y�stormance oi�Y��t�condit[on hereta co� _--
<br /> tdned:aad wassnb the tltle theret�D��and clear euept�or ilds�a , :r::'.:,:.:t►�; '_ �i ��;,__-
<br /> Dn�in�fhe llme this murtaa�e is in tom tho mortitaBose aB�n�l:'•"° ' - -
<br /> Fh�st. To p�q all tues and apecl�l �ssesements levied a�slpst �aR�t�9�'�iulaee. tnc�adiaa a11�ta:es and aasestmsnta teried �_.�_..-
<br /> upon tbfa mort�e�e�or the debt aecured by thie mort8+►Ye. ! _
<br /> - -- �. Ta �ag a23 b� lh�II f"-R"red a�tn+�loss bq 9re.ltSbLs�inB aad 4ornado in some comnany,to be ap� -
<br /> proved by the a�id Home Federel&svin�a�Loaa Aaaooiatlon oi(innd Ialwid ia the aum of� 70,�00.00 � _� ;:="
<br /> the benefIt oi t�e aaid Associatton,acd�xtG succeasois or asai�a; and to dePoeit aatd Dolldes aith seid Asaoaiaflon.aad shall not =.v_
<br /> ." commit or saifer any wazte oa eaid ginamisee. aad shall Dut and keep aaid seal estate buffdings and impravemeats ia goo�
<br /> order. '�
<br /> Third. To pqy or caute to be paid to the Haoae Federal6svla6s� I�wn Asaaelatfon oi Qrand Ielattd�ita eucceasora os +r•,.
<br /> � � ��:::
<br />: = wf�ns,the sum oi�,..,SEUENTY THOUSAND ANQ !]0/100------------------------------------DOLLARS� �':�;;;
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<br /> � pa�able a folla�ra:
<br /> DUE: OECEmBER 6, 1994
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<br /> fn !a:..I' J-.+1
<br /> .`"° ..!�}';41'�`� wifl►intereat titeseon pyable�accordin8 to the teaor aad eHect of the one ce�taln itrat mortga8e note a� said mortgagore, .
<br /> _ r.jt�t,�
<br /> �' a :F. � beu5a8 ev+ea dde with thesa Dreae�s. After maturity eoid bond drawa faterest at the rate oi niae per cea� per annum.
<br /> -_ .t��`'� �.t*, If said l�aes snd assoss�ue�s are�aot paid when dae�or i!the buildtngs on said preaoiaes are not lasured ae above pra
<br /> _ ,�.�.... .
<br /> ` � , 7� vlded.or if aqy oi eeid iaterest ia not paid ahen due,lhen eatd R'nole flebt shell become due im�ediately,at the optlon ot the
<br /> ,.:��.;':�-:;." safd Aaaocfation,aad sLait thereafter draw interest at the rate of nine per ce�per annnn�.
<br /> �'��-�ti�: • The mo�tB�Bor hereby eaei�-- to s�id mortge8ee all ra�e and iacome adainB at e�Y and all limes from said
<br /> ;•F.�;•.,.�
<br /> ' �i�•r� propeslT and herebY authoriae eaid�aOrtReSeo or ite a8enl,at ite opt[on. upon defanit� to take oharBe oi said P='aDert3► ead �
<br /> ,M1 Y . �- colleet all rente aad insome therefram and aDD�Y the same to tho paymeffi oi i�eseat. D�d1�+ imm�anco premlume. ts�s,
<br /> �''-.$�f�`�;^'�µ�
<br /> "�� :t¢'::a':�:�.:�s�� aaaeaementa, rep�ise or imprnvemente necessnrY to keep eaid DmDenY ia tenantable coadition� or to olher chargea or DaY• {
<br /> _�:��:�::t�,,:.`' ments provlded iws tier�in or in tho note herebY eecured.Tl�is reat ass1gnme�shaII coattnue in force untfl !he unpaid bal•
<br /> _ ... �....�.: � ..
<br /> � �-�w �nnce ot eald note fe favy Daid. The ta�is+8 Q=8oaseasion hereuuder ehall ia no manner preveat or retard eaid mortS88ee in
<br /> ��>. ""�`•"` the collection oi said sums by foreetosute or ot3eralso.
<br /> a..�:... .
<br /> �?;¢��,t,�''` Wnetnes s1�td debt isecomes due Dy)apse oi tlme, or bY reason o! the failnre oi the perty oi tlie tlrst part to comply
<br />� 14..�.�'!S......�,
<br /> • �,�� with any condit[on bereio,t�satd 8ome Federal Bavla�a b Loan Assodat3on ot Grand 7slnnd.the auccessore r{nd o�l�na,
<br /> �;°° s�ll luvc tho rlgl►t to begin the foi�eciosure oi thte moit8age �t oace on the whole debt hereby secured� and to iactude �
<br /> f � thereia alt tazes� aa�eeaa2eate�iaaurance Psemiuma aud costa�P�d by it os ihem� a� ssid Aasoctatlon. its eucceasoia ar
<br /> wa_:. ,.:�._�-.{,�.. sa�t�s, m�Y iorecloae only aa to the sum puat due� witho� WurY to tbis mortg�ge� or!he disDlacement or imDatsme� _
<br /> ::r3:;:�.'. �r . ., oi the llen thcsmaL �
<br /> +�..:.-,•;;,..... Aud the eaid ifrs!�srty aad the makere oi satd notn,esPecial�9 a!�und declare t6at the seDarate estate ui eacl►and ,
<br /> � r. ��- , every oao ot lhem,includiRg both that noa owaad aud that hore�or acqnired� i� Dledged aad baund for tho payatent of f
<br /> �r_��--�°�����-.�.�� the deht heiehv secueed. �t t--
<br /> :�T':�..�°' After the commencemeat o! a� svit in foreclosuso tiio plai�i tIIoreta stiatt ne endtied soiue immea�oe�c�,siva� �
<br /> -�::��,:.:a:4,�... .,� eaid premiaea snd 4he appsintmoit!o!a recoivar thereior� notwlLbstanding theY maY bo the homestead oi ffie occupant and
<br />:_ � ;:r,�:.=;��.�':�,�� notsvdtLatandln8 the P�es liible for the debf ineY De solveaf� aad the �at D��ebY consente to the eppoiotmoat ot a
<br /> �?�.r�,":;,�;� � Iieceiver npon the pradttctton oi ttda fadnnture� without other evtdence. (
<br /> • �+`:�:..�:�;' ':..-'. The lore�dn� consiittons and a�reeme� ali md aingular►bein8�9 Pe��ed.thia convoyanee sh�ll be void, otner
<br /> r�J,�'�Pwi�.v:•v �i1y0 t0 1fE aIId iEID�1n �II�111�Ol'�0 N�B�ECL i .
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<br /> , . t:;" :�r�,� .r III pleeBIICO 01 I :r,
<br /> '�:.:' �. . AN L. SCHWA TZ
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