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<br /> —„��� RUOOLF F. PL1�7G Al�q J�A(VNXC� R. f�LA�'E�_HUaf3AND ANU i�1IF� '
<br /> -„�.�.,�,�a of the County of..���.�:�.- ead Gtate o�._.NE.ERASKI�. hercinaRer called the pir�y a! 4ho tlrat Pdn, !n
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<br /> rontld�ration �� FTFTV THOUSAND AND GO 1Q0-�------____.,_______.._ _ _ _ _ __-_�;w_pOLt,A1�9,
<br /> ___ -� in riwd p�fd, do hereby gren�bar��ln,ccc«ll aud eonvey unto 4he YYomo Fedex�l Ssvin�&Ia�n Asso�Ltloa oi at�ad Y�lan�,
<br /> tfxxnd Tplxnd,Nebr�rta,and iA��ccersont�ad�ai�w.thn follewlag real eetate�dtu�ted i» HALI. �,,,
<br /> -------- Coualy, f4ate oL NEBRASKA ,_, t�rit: .
<br /> �--- _ --_ LOT FIVE (5)� BLOCK ONE (1 ). GQLONIAL. ES7ATES TENI'H 5UBDIVISION� IN THE CITY OF
<br /> __;�=� GRAND I51.AND� HALL CDUNTY, NEBRASKA.
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<br /> :-,�`�x�;�"•,',;},.�'�:' Tagether wtth all the appurtemnces thereunto L•exmaging, �nd all cope a1}`th.e_t�tle.deedt runntng with eaid rea3 atate.
<br />";Y-;�,�,..:�".'.�.F�:y wd all the rente, iaeue�and pmfit��r1alnB tiierefrom aft�r defuult tn��b.o4�anY covenant or conAition her�eia can-
<br /> :;;•�:: '�`S�`� . � talned; nnd warrante the title thento periect and alear eacept !or t,�is mortga8e. ____
<br />`''=`r``r�•'�::�.;`�¢ During the ttms thfe mortguge ie in force the mortgaBore af�'eo: �
<br /> . :.��•. First. To pap all taxesand apccial essessment� levled agairls! said prarufses.fncluding ell taaes and assaaomenta levled
<br /> �''���y�.���. � upon this mortgage,or the debt secured by thie mortgaBe. �
<br /> canona_ To teea all huildinas thereon insured aBainet losa by fire,Iightnia8 and tomado in eame computy,to De al}
<br /> �n.Fj,i.,i...:.4.�tiY a.;���. .
<br /> •�`� '�''�� proved by the eald Hume Frderal Savinga & Loan Assxiatlon oi Grand Island !n the sum of �50 00�.00 , for
<br /> �'�~`"`.;.''..., . . tho beaefit oi t�e eaid Assalatton,aad�ito successors or Assi8a9; and to deposit eaid gollcies wIth eeid Associaflon,tnd sl��l not _
<br />: `.y . , commit or s�ffer nny waste on said pramisea, and ahall put and keep eo�d real estate huildlnSa and imprnvementa in goal -_
<br /> , order. `'..E::.;
<br /> „ ' T6frd. To pay or cauaa to ba paid to the Flome Federal Saviage & Loaa Aasocfetlon o! Grand Ielnad, ite euccessore or =
<br /> : • ,;.. :,,:•.:' � ----------------------- --- -- - D�7d,P � - -L-
<br /> FIFTY THOUSAND ND DO/1D0 ��
<br /> '- taeigns� the sum oi� '� ��»w�
<br /> _ ,Y"�:. ;�+�?�' A�able ae followe: s�n.
<br /> .:,-.. -..t�w.� ,
<br />--_ . . .,.a�+y�i. �.
<br /> , � � ���`� DUE: FEBRUARY 26, 1995 �'�
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<br /> �-� . with intareat thercon payn�le.accorcljng to the tenor nnd effect of the ona certnin flrst raortga8e note oi said mort8n�ore, �
<br /> �_�:� '� bearing even date with these presea4s. Aftvr maturtty said bond drawa interest at tho rnta of niue per cent per annum.
<br /> If said texes and nssessments src�not P�d when due,or if the buildings on seid premises nre not insun:d ns above pro-
<br /> vlded,or if nqy of ewid interest ta not psid when due, then enid whole dcht shnll become duo Immedlately,at the option of tho
<br />' "� eaid Assceiatton,end eha►ll therenfter drnw interest at tho rrtto of nlne psr cent per annum. �
<br /> =�'" , �_. T h o m o rt g a g o r h e r e b y es s i B n_ to enid mort ga gee �ll rente nnd income arising at uny nnd all t[�es from sxid t� .
<br />."i'••� ° properLy and hereby uuthorizo suid mOrt8u8eo or ita rigent,aE its optioa, upon defnult, to tnke chnrge ot said property end �
<br /> u collect all renta ond incomo tlierefrom nnd npply the sumo to the payment of intere�E, principal, insurance premiums,taxes,
<br /> • assessmente, repaire or improvements aecessury to keep said �ropeYty in tenentnble condition, or to other cLarges or pay-
<br /> mente grovlded for heruin or In thQ note hereby secured. This rent assignment ahall continua ia forco untll tho unpald bnl- ��
<br /> anee of sal� notc� !s fuUy priid. The iaking of gossesston hernunder shnll in no mnnner pruvcsnt or retnrd said martgn&ee in �
<br /> � tHe collection oi sald sums by foreclosure or otherw�lse.
<br /> Whother esid debt becomea dua by lnpso ni time, or by reason of the 4atlure uf the party of the first part to comp�y
<br /> v�ith eny condition hercin,thu eald Home Federal SavlaSs & Loan Associntion oi Crrind Island, the auccessore and assigns. �
<br /> • ehall hnve the rfght to hegin tha foreclosure of this mortBuBc aL once on tlio whala debt flereby secnred, and to includo �
<br /> " tflerein all taaes. esscsaments,insurance premlums and costn, paid by it or them; or said Aasoefntion, ita euccessors or
<br /> aaeigns, ms�y forcclosu only as to the eum pntctt due, wathouL iqjury to this mortB+iBe. or tha displucement or impalrment
<br /> ,. `� oi the llen thereoL
<br /> - And tho said fi��st party nad tho makere oi eatd notc,espccial�y ngree nnd declare that tho separnte estate o4 each dnd
<br /> every ono of tliem, includ[ng Doth that noiv o�vned and thnt herenfter acquired, fa pledged nnd bound for tlie pa�ament oi
<br /> � the debt hereby secured.
<br /> _.
<br /> - - '- AfteT tIle CamalCnCCmCnt oi nny euit in IoleCios� ifie pieinuu iacrcia snau oo cuiiucn iv ucv imm�iini6�can'vL v+
<br /> ..
<br /> , sald premises and tho apyofntment of n receiv�r therefor,uotwithstnnding tfloy mqy be the homestead of the oceupant und � I
<br /> notwithatunding tho parties Iieblo for the dobt mqy be sulvent, and tIie fiist p:uty hcroby consen2s to tha nppoimtment o1f a
<br /> lteceivar upon tho pmduction of this indontiue, withouL other ovidencc. k.� I
<br /> . . Tho foreBoinB cond�t{ont�and agrcemcnte, ull and eingulnr,being fully �eriormed,this convc�ynnso ehnll bo void,otUer- �
<br /> .. wlso to bo ancl remnin in full forco aad eftect. �
<br /> . S�ed*htp 26TH dqy,oi_ AUGUST D,� 1 [i
<br /> 6' In presonco oi • --� ,
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