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<br />MORTGAGE
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<br />87- 107224
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<br />MORTGAGE LOAN NO, L 24968
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<br />KNOW ALL MEN BYlliESEPRESENTS: Thai Kim E. Harco and Kathryn lor. Harco, each in his and her
<br />own right, and as spouse of each othe~,
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<br />Mortgagor. whether one or more, in consideration of the sum of
<br />Nine Thousand Three Hundred Fifty and no/IOO --------------------------------------OOLLARS
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<br />loaned to Did mortgagor by The Equitable Building and Loan Association of Grand Island. Nebraska. Mortgagee. upon 94 shares of stock of
<br />said ASSOCIATION. Certificate No. L 24968 ADD 'J,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
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<br />Lot Two (2) in Amick Acres Second Subdivision located in part of the North Half of the
<br />Southwest Quarter (N%SW%) and part of the South Half of the Northwest Quarter (S%NW%)
<br />of Section Two (2), Township Nine (9), North, Range Ten (10) West of the 6th P.M., in
<br />Hall County, Nebraska.
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<br />together with all the tenements, herediUments and appurtenances thereunto "'-'lvngmg. UlCluding atta<ched lloor OO\'\:rings. all ...indow set=,
<br />window shades, blinds. stOlm windows, awnings, he2t1ng. aU rondith>ning. and plumbing rod "'Jeter equipment rod a..-.xssories thereto. pumps.stO\'CS,
<br />refrigeraton. and other f",twes and tquipment now or hereafler alucr.ed 10 or ~ in cum><cti.lO Voith soud rt'oll CUate.
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<br />And Wheleas the said mortgagor Ius agreed and does bereb)' ape"" IF>Jl t"" mort~ "":all and will pl)' :all lnes rod assessm<:1Its Iaied or
<br />a=ssed upon said premises and upon this mortgage and the bond senlfed thereby befOIe lhe S3.me WlI t>e.."Utm" delinqlltot: to furnish approved
<br />insuranoe upon the buildings on said premises situaled in the sum on 9,350 .00 ~y"ble 10 said ASSOCIATION and to deliver to said
<br />ASSOCIATION tJle policies for said insuranoe: and not to romrnit 01 permll any waSle on or about said plromes:
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<br />In case of defauh in the perfOI1IlJ.DCe of an)' of the lelms and roodil,,"""S of this mortp;ge 01 the bond secured hereby. the mortgagee sIWI.
<br />on delIWld, be entitled to immediate possession of the mortgaged premises and the mort~r hereb)' ~s, Ir.ulsfers rod sets 0\u to the
<br />mortgagee all the rents, re>'enues and income to be deri\'ed from the mortpged premises d~ wd1 time as the IOOltgage indebtedness shaII RIlIlin
<br />unpaid; and the mortgagee shall ba,'\: the powel to appoint an)' a~nt or :tgc"ts it llU)' des;.re for the purpose of rep:tiring Slid premises and renting
<br />the same and collecting the renIS,le\'tnuesand income, and it nu}' !UYO"l of Slid income xII expenses of repliring S3.id premises and neoessuy
<br />commissions and expenses incurred in renting and managing the same ;!J}d of colk.:ting r..nub thereflom: the bJ.bnoe R~. if aD)'. to be
<br />applied toward the dischnge of said mortgzge indebtedness; these rights (Of the mort~ OU)' be ex('fcised at any time dwin& the exhtenoc of sudt
<br />defauli. irrespective of an)' tempon.ry ,,"J.iwr of the same,
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<br />lbese Presents, hoVo'Cwer. are upon the Condition. That if the said MO(lpgor ,,'u.ll lepl}' sUd Io.1n on or l>efore the rmtwity of said sfwes b)'
<br />payment: pay monthly to sa;d ASSOCIATION of the sum specified in the Bond =ured helroy as inteRS! and prinripaI on said 10m. on or before
<br />the Twentieth <hy of each and e'''I)' month. until said loan is fully paid; ply :all taxes and as:=smmts k\ied ag;Uml said pmnilles and on !his t.l~
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<br />and the Bond srcured thereby. before delinquency: furnish 3Ppro\'ed insu.ra.r= upon the buildin,l;s thereon in the sum of S 9,350.00 JQyable
<br />to said ASSOCIATION; repay to said ASSOCIATION upon denund:all nl<>lle)' by it paid for s:ueh taxes. a=s:srmnts and ituuru>ce with interest at
<br />the maximwn Ieg.al rate thereon from <hte of pa}TOelll :all of which !t\orlPJ;OI hereby 2Yees 10 P-3y: permit no WASte ~ S3.id pmnises; t.~p and romply
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<br />with all the agreetm"nts and conditions of the Bond for S 9 350.00 this da)' g"'''' b)' the said Mortgi&or to said ASSOCIATION. and comply
<br />with :all the requirements of the Constitution and By-Laws 01 sUd ASSOCIATION: rllen these presrnts shaIi berome null and ,-aid. otherwise they
<br />shall remain in full force 3nd nuy be foreclosed al rhe option of the s:ud ASSOCIATION 1fter failwe for th= months to nuke any of said
<br />payments or be three monlhs in anears in making ....d ,nonlhly pl)~nlS, or 10 keep and romp!)' with the "Pe.:ments and conditions of S3.id Bond;
<br />and Mortgagor "Ill"'" to bawe a reoe;\"r "ppoinled forthwith in such foredo""" proceedings,
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<br />If there is any cIunge in ow~rship of the real estale mortpged herein. by s:aJe 01 othe.......... then the entire renuinin& indebto:dnes.-t hereby
<br />lIeCUled shall. at the option of The Equitable Building and Loan Association of Grmd IWnd.Nebnsb.b<<ome immediately dllt and payable without
<br />further notioe. and the amounl reoWning due under said bond. and any oth<< bood for any addition:al ad\'UICCS In3de theretmil<<. shall. from the
<br /><hte of exelcise of said option. bear interest at the maximwn Ieg.aI rate. and this ~ ma)' then be foreclosed to s:atisfy the amount dllt on said
<br />bond.and any other bond for additiol\Jclad\'U\Cle$. to~ther with:all sums p:lid by S3.id lbe F.quitable ~ and Lom Association ofGrmd Isbnd.
<br />Neb~ for insuranoe. taxes and assessments, and abstnct~ extension r:iwge$. \\ith int~rest thereon. from <hte of JQ)'Illent at the muimwn
<br />Iep! rate.
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<br />As provided in tile Rond secured hereby. while this mort~ lemalllS in effecl the rnortm<< Il\1Y hele1fter ad\'UlOe addition:al sums to the
<br />makers of said Bond. then ,,~s or sun:cssoIS in iOlerest. which sums ""all be \\ithin the secwlty of this mortg;tge the s;une as the fundsOliginally
<br />SC(;UIed thereby, the tolal amount of principal debt not 10 exettd at any lime the origin:al3mOunt of this mort~.
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<br />Dated this 14th <lay of December A.D,,1937.
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<br />On this
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<br />14th
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<br />da)' of
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<br />December
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<br />19 87 ,before me,
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<br />acknowledged the s.aid instrumenl'" be the i r mrun..ry act and deed,
<br />WlTNI'.<;"<; my fu"d and Nor",,,.1 Seallhe J,'e aforesaid,
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<br />My Conum.sston C'xpncs .// h"_ .~ ,--"~ -. .
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<br />Kim E. Marco and Kathryn M. Marco, each
<br />and as spouse of each other,
<br />me to he the ;denti~1 person s ,,'hose "3me s are
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<br />Ihe undersigned, a NOUI)' Public in and fOI SOlid County. penon:alJy c:ame
<br />in his and her own right, who
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<br />are
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<br />penon:ally known to
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<br />all..ed 10 Ihe above insllUmenl as morlg3gor S
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<br />and they sewerally
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<br />~"7"'-'L-. .<
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<br />NOI-aryPuhhc
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<br />..n!1ll II
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<br />llUlllAl .OIARY - '111101.0'..0"
<br />JOANNE Q, ROUSH
<br />My eo.lll up. /loy, 2~. 1988
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