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<br /> R�AI ESTATE MC)RTGAC�E
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<br /> UL��,�gTSZn� QNp DORxS��P&I�X�1�.H���ND AN lll��
<br /> o!th� Couuf� oi...HALI. and etab oL- NEBRASK �erainalter eslled t1►e pae� oi e�e tisat put,ia
<br /> comtd�ratloa� S•__.�TY..T� �� TMo �G�E3�� Nun�neFn amn nn/�nn..---..----- - -- - --:�o�.�s�
<br /> 1� Aattid 8�, do h�seD��r�nt.D�ur�ain. Wl and coan�y nnto/he Home H'ede�18�'vl�s d+ Losn A�oc7�ttoa at ar�nd L1aad,
<br /> ciraca IolaaO,xel�a,aaa ib.ueee�oa..nd naiso.,the:ouowln�raal e�d.te.dtwtea f* HaL�
<br /> Co�mtyr�Stat�i ot �EBRASK -, , ���
<br /> PARCEL 1: FRACTIUNAL LOT 5, FRACTIONAL BLOCK 1?� CHARLES WASmER'S ADDITION, WASmER'S
<br /> THIRO RODITI�N, AND WASmER�S ANNEX TO FIF�ST ADDITION AND COmPLEmENT
<br /> FRACTI�NAL LOT S. FRACTIONAL BLOCK 10, WOODBINF AODITIQAi, AND COmPLEmENT
<br /> FRNCTIONAL BLOCK 18, InORRILL�S ADDITI�N TO THE CITY �f GRAND ISLAND� HALL
<br /> COUNTY, NEBRASKA.
<br /> PaRCEL 22 !�T 4� CLEULAND STREET SUBDIUISION. -
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<br /> To�eWer wlth alI the �ppnrtentace�lhereuato belelnBiaB.�ad all covenaaffi fn all t4i�tle d��or condttton herein n-co � .
<br /> and W the renta,iesuee and P�a�n6 thezeirom n[ter detauit in DerEorm�nce a� �.'�
<br /> tdaed:nnd warr�nb the title titento D���tnd cleir euept fo+t tbls motlg�BG .
<br /> � DutinB the time tLis mortga8e ia in lorce the mortHaBois ��d i'efi�s�es, including dl tues aad �aepssmoata lavted
<br /> '` Fltet. To paY sll traes and ape�id arseasmente levled a�trut:. � �;,,,.u
<br /> upoa thia morCgage�or the debt Becnnd bY t4le mortB�B� '� `'
<br /> Secoad. To itae�p aU buildiags thereon insnred a8� laae bq 8re.1i¢t►tnin8 and t,omado in eam�e ocmpanY�to be ap ..,Y':�v
<br /> nsoved by tha eaid 9oa►e Fede=el SavinBs&l4oaa Meoclatlon oi Qrand IeIand ia the sum ot•, a� ^;'iz n� �s
<br /> commit ar eufter sny waate oa eatd y�remiae�, and ehvl nnt�a d keepQS�idtreal eatete baildiags aad�imDravemente i�a good
<br /> order.
<br /> r , A
<br /> T'biN. To �y or esnae to be P�d to the 8ome Federal Ssvin�&Loan Aaaodatlon oi l3raad Ielsnd,ite snccessoss or �,.�}�
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<br /> �� ����y�, SIXTY TWD THOLISAND FiUE Hunt❑RFn ANO ppj�nn________ - -------AoLT.nsS, , ,_
<br /> tr gap.ele as tonoa,: ;-�,t�
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<br /> FIUE PAYmENTS OF $442.?1 BEGINNING OCTOBER 1 , 1994 WITH A FINAL PAY�IENT OF $62,942.?1 �
<br /> OUE mRRCN 1. 1995. •�
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<br /> • ���'�:'''f. w�intexeat thereon DoYable,accordlr►g to the tenor and effect oi the one certeia lirst mwtBeBe aote oi said mortgagore,
<br /> "�`:"�. beuln6 evea d�te wltA theae Dz'� After matur(fY eaid bond drawa intereat a4 the rate oi nine per cent per ananm. �.
<br /> , t�fi "_<L�J� _
<br /> ,�T:�r It suid tazea�nd asseasmenta ara not Daid when due� or if the buildir�on said premises are not insured es above pro- �.'
<br /> �_�'•' vide�l,or ff any of aaitd intenat!s no!paid ahnn due.thea eaid whole debt sha11 become dve i�me8iately,a!the opt[on o!!he �
<br /> t �%r«:n�' eaid A�ssociattoa,�ad ahall therEaiter draa interest at the rate ot nine pet cent D��um. .
<br /> ``•?`_. The mortBaBa—hereby aaal6� to aaid mo:tgagee all rents end lacome aiisia6 at a�qy an� all !lmes feom eatd
<br /> � ,.1:..:'�,
<br /> .. ,►,1-;;�• p=operty ead hereby authorlse said mprtga8eo or its aSe� at ita optton, upon dotanit, to Wce charge o! eaid property and
<br /> � ;.�; collect all rents and income lherefrom and apply the samo to !he psyment of intesPSt. P�Fa1, insurance premimm�.taaes.
<br /> :z. `�'• � esseusments, rep�le�e or improvemeate neceaeuY to kee�eald proPeikv in tenantab2e conditton, or to other clurges or pay-
<br /> 4�Tr".--�.
<br /> �`n�-�< menM�rovtded for hereia or in tbe note hereby secured. This rent asa�meM sLell co�ane i°i°rce na�t the un -
<br /> ..�.{•r�:.:�.�•�°": ance ot said note ia fulur pald. 9'he taldag oi P�es�lon herenader shall in no maaaer pseveffi or reterd satd mortgaBee in .
<br /> ''•..,..�, w the collestioa oi said sutne by foreclosure or otheruvlae.
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<br /> '� •,-�,�ta; Whether e�id debt becomes due by lapse of tlme. or bY reasoa of tho tallue+e oi the puty ot !he fiist part to comply
<br /> ��•,` ,e • with any condittoa herein,!he saia Home Federal SavL� & Loaa Assoein�ion oi Grand Island,the aucceasora and aasiSns.
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<br /> ;`..."` ehall have the rlght to begi»the fareelosuse oi this mortgaBe at once on the ahole debt hesaby seeured. aad to icclnde
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<br /> ���, tharein all tazea,aaaeeameal�iaeurance yremluma and coste. Datd by it or them; or said Aasociatton� its snccessors or
<br /> � '��,5 a� m�Y tortc2ase on�y aa to the sum yaeL dae, withouL WwY to tLls mortgnge, ar the dieplaeement or !mgalrment '
<br /> , , .. ,,. ,�, .. oi the llen thereoL
<br /> '��c':�,•".- ••-;., �: And the aaid itrst pasty end the makera o! satd note� eapedallY agree aad daclase tFiat fhe separate estate M each and
<br /> ,.r-_,_....ku:• eve�r one oi them. including both that noW oaned and tbat hereaft$r acqulred, ia pledged aad bound for the payment of
<br /> t� :'�'`"'=,��,;;ti'�` ' the debt hereDysectued. ,
<br /> �t�.��t� ..��...�...r► w! nwv �S! in tnsmlertnw tbB elllIItl�fh!!lPjII�l be P.II�t0�l@�ID?IIC�QtB pa83CES�OD Of
<br /> �r�:.; :~ � said yremfae� ead the appointmeaf ot n r�ceiver the�tor� noicvltbstacdln8 they myr De the homestead ot the oanPant r►nd � .
<br /> - notwlthatifndtaB the puttea Itabla fox the debt may Tte aolveat. and the it:st parly►hereby conseats to the appoiaffient of a
<br /> 4;.:''.°'`�' ' , NecMves upoa tb� P�roductton o!thfa iadeatnre. without other evldence. �
<br /> �`:��H:.,,y's;.,,_�• The fore��qB coaditton�and e�eements� atl and ein8ular�Dein6 f�lly Dertosmed�tnts Nenveyance shaU be void,other-
<br /> �.;��':_`:;}:z��%;, wlse to be and i0mdn ia fnll lo�ce and efteCt
<br /> :;M'`_ = � '�•�,;± ���_ 31 ST ,�.n o AUGUS7
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