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<br /> i'lm C. PL.ATE, R SINGLE PERSON _ � .�. �
<br /> of tbe Caunty c£. ��LL —....Q;iu&2bfa��ERASKA t.�.;,Lw;i;,.c�,».°.1:L;: ,:-;�; ci tr� ti:��;'�!,1'? __ _
<br /> conrlder�tion o+ FIFTY TH�USANa ANO 00/1 pq----_-----__.._..�-----..------------------w:pOI,LARS,
<br /> im h�nd D+ad� do herebr�ot,l�xr�Rta, �ell and c�aavey uato tbe Hom�Il�'eder�l Fl�rinp& Lo�n.A�ooci�tlon oI Gnn�1sLqd.
<br /> (iraad I�Lnd,Ncbra�lce,aad itr rucca�ora ead wutoy� the folloalo�se�l c�tx4e,rttuated►,+ HRLL
<br /> Cnunty►�6tnte of NEBRASKA �� towit: _ __
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<br /> LOT SEUEN (7), QIOCK ONk (1 ) COCONIAL CSTATES T�NTH (1QTM)� SU13OIV:IS�ON TO THE CITY ClF
<br /> GR�iND TSL,ANQ, HA�I. COUNTY, NEBRASKA.
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<br /> �'a�ettter wlti�all ths�pyuti�n�ncev thtrounto M�onjit�� �nA all cermxnit!n�Il Sl��tltl�dMtM e�uMln�wllb u1��"M►1�t��
<br /> RnA�il the renb,luue� �nA proilb ul�iny therefrqm �itar d�t�ult ln pertarmence oi �nr cor�n�nt oe condlaon h�nitt coa�
<br /> tafned; �aA w�rrenL th� tltl� tdeswlo pu'l�ct MaA cUar axc�� for thb mort��te.
<br /> Durin�the ttme tIIta mort��3e l�!n Lorce t,he m�xta�oin !t��
<br /> Fint. To p�Y all tacea tnd epcct�l ruewment�levled �Y�Crut sdd pnmlae�� lntludin��ll tuce� �nd a�m�nU lerl�d
<br /> SZ"�.'vL !}S'.: L�0!l:L:�,:S F�.A.l�f �wnurwrl hy t}fL moY'lFlge.
<br /> Becond. To keep R31 bulldinjU thereon lnoured ngnin�t lwe by tire,ll�taialt and tornado In wme comW�nf.io oe a� —
<br /> yroved by We sdd Homc Fedexil�avlage dc Lou► Assoclntlon oi Grand Ialend tn the eum af� 50�ODQ.OQ __Qor
<br /> tlse beneii4 oi t�e sai�Aasoct�tioa,nnd its eucceaaore or nsaigae; aad to depoeit eaid pollcies wlth stid Aeaoclaflon,�nd ehall not
<br /> commit or RuKu u►y wante on aud premlacs, and eh�ll �put and keep eaid real est�te bulldinge and imprnvemcnte in gaod
<br /> a:der. �°
<br /> Tl�ird. To Dty or cauae to be ydd to the Homo Feder�l Savinge 6c Loan Asaoctallon of GranB W�nd, ite encees�on or
<br /> aerfgas,the eum oi � FTFYY THOUSAN� aNn nn/9 nn__-----------__.._------ DOLi.AaS�
<br /> g�yable ae followe: ���
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<br /> DUE: mARCH 30, 1994 �;}:��=
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<br /> with interest thereon pqyable, acc�rding to tho teaor nnd efiect of tho onvi certain first nnortgage nots oi said mortgagors,
<br /> t+enring ovea date with these presents. After maturtty said bond drawe interest at the nte oi niae per cent per enaum.
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<br /> If eaid taac�and osses�monta era nnt paid wflen due, or ii the bulYdings on eaid premises nre not insured as above pro-
<br /> vlded,or ii any of eald lnterest ie not paid when due,then eaid whole debt ahall becomo due immediate�y,at the aptlon of the � '
<br /> said AasoclAlion,and ehall thereaftcr draw lnterest et the rate of nine per cent per annum.
<br /> The mortgnSor ltereby ex�iBn_- to said mortgaBee all rente and lncomo arising at any ond cill ttmes from daid ,
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<br /> property and hereby authorlee said mori;BeSeo or ite aBent, at ita option, upon default, to tnke chazgo of oald property and
<br /> collect all rente and income thorefrom and app�y the esffie to the payment of interesE,principal, insurance yremiums, taaes, �
<br /> asscs.gmente, ropaire or fmyrovemonta neceasary to keep eald property in tenantable concDitlon, or to othor Chs�rges oa pay
<br /> mentn provided for @creia or in tho note hcreby secured. Thie rnnt easigament shall continue ia forc� until Wo unpaid bal- ��
<br /> � ance oi eald note is fully patd. Tlio taldn8 of possztsion hcrsunder eh2ll in no mammer prevent or retard sald mortRagee in �
<br /> tho collection oi eaid sume by foreclosura or othcrwLse.
<br /> j� Whether eatd debt becomes dno by Inpsa oi time, or by reason of the fNlure of the party oY tho first P�rt to comply
<br /> v�lth any candidion herein,the eald Homo Federal&c+vings&Loan Associetioa of Grand Island, tho succeasors and a�siBrm, '�
<br /> ehall have the righL to Degfn the foreclosui�e of Ltile mortgage nt once on the wholo dobt hereby secured, and to include �
<br /> thereia all t�e�, �aaeumente. inaur�nce pretuiums and coste,paid by it or them; or sald Aasoclatlon, ftn successore or
<br /> �ig�, may forecloee unly ae to tho sum p�st due� without iuiury to this mortgagc, or f.ho displacement or impairmeat
<br /> ot the flen thereoL �
<br /> AnQ the eaid firet party aad t6o mak�ra o2 satd notu, e�Declnlly egrce and declare that the seDarnto estat� oY cach and •
<br /> ever� one oi them, includinS b�th that now owne0 anQ thtt hereafter acquired, le pled�ed and bound for the PaYment oi
<br /> the debt hcrnby securcd.
<br /> A[ter the coaunenc+ement oi c�y ei:iS in foreclas�ro thv nl�in+��thcret�shaii bo entitled to the immediato pos�ession oi �� �
<br /> � s�id �remiaes �uad the aFpointmenL oi �receiver therefar� notwithstandiag they may ba tho homestead of t6o occupant nnd
<br /> notwr[tHsstanding tho partiea llablo for tho debt may ha solvent� and iho first pazty hexobq consents to tho npgoinEmeat of n �
<br /> Rccaiver upon the groduc8on of this indegture, withouL other ovidence. ��#
<br /> TL� foregoing couditlons and ngreementa, a11 and eingular,being fully perRorm�d,tLie convcynnce shall bo vold, other- 1�
<br /> wiae to bo and remafn iu full foree end ofteci. ��
<br /> � Slgnec3 C�iR �OTH d�y aL-5 D., 19 f ft
<br /> �' In presence of i
<br /> F LA E . �
<br /> TIm C. AT J NNICE R. PLA7E
<br />- .�PIS..^"�!!liH�SD:Ci,fAliaD'.�*llYiE+��.T�iGi'_^.:i1KR9F i-` _ 'D1RL�ik'�1�; I ,�
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