<br />88---101142
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<br />MORTGAGE
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<br />MORTGAGE LOAN NO. HI
<br />
<br />873
<br />
<br />FHA
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<br />K.,\lOW ALL MEN BY THESE PRESENTS: That Clinton J. Harr, Jr. and Betty L. Harr, each in his and
<br />her own right, and as spouse of each other,
<br />
<br />Mortgagor, whether one or more, in consideration of the sum of
<br />Four Thousand Eight Hundred and no/l00 --------------------------------------------OOLLARS
<br />
<br />loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island. Nebraska, ~tortgagee, upon 48 shares of stock of
<br />
<br />sqid ASSOCIATION. Certificate No.JolX HI 873 FHA do hereby grant. conwy and mortgage unto the said ASSOCIATION the following
<br />described real estate. situated in Hall County. Nebraska:
<br />
<br />Part of Lot Ten (10) of the County Subdivision of a part of the South Half (S1) of Section
<br />Five (5) in Township Nine (9) North, Range Nine (9), West of the 6th P.~I., Hall County,
<br />Nebraska, more particularly described as follows: Commencing at the Northwest corner of
<br />Lot Ten (10), thence in an Easterly direction along and upon the North line of Lot Ten
<br />(10) a distance of Three Hundred Twenty-One and Five Ter.ths Feet (321.5') to the point of
<br />beginning, thence Southerly One Hundred Thirty Two Feet (132') thence Easterly One Hundred
<br />Fifty Two and Four Tenths Feet (152.4') thence Northerly One Hundred Thirty ~~o feet
<br />(132') thence Westerly One Hundred Fifty Two and Four Tenths Feet (152.4') to the place of
<br />beginning, and part of Lot Eleven (Ii) of the County Subdivision of a part of the South
<br />Half (S~) of Section Five (5) in Township ~ine (9) North, Range Nine (9), West of the 6th
<br />P.M., Hall County, Nebraska, more particularly described as follows: Commencing at the
<br />Northeast corner of Lot Eleven (II), thence West One Hundred Five and One-Half Feet
<br />(105i') thence South Fifty Feet (50') thence East One Hundred Five and One-Half Feet
<br />(105i'), thence North Fifty Feet (50') to the place of beginning.
<br />
<br />together with all the tenements. heredllamems .n.: .rpurle']Jnc""s tne.eumo hotlongmg, ,,,.:-hdm~ ;!f1;!dled ,10>0' c....lwnngs, ;lll wmdo\\' sctuns,
<br />window shades. blinds, slorm windvws, awnmgs. I>e.wng,;lll .'.:mJltlOmng,:md plumhmg Jlill 'nte. eqUlpmem ;lnd J,.:css,lues Iheulo, pumps,stows,
<br />refrigeralors. and olhl'r Iixturl'S and l'qulpmcnl nu". .'r herl',,!r...r 3tiJ:cheJ 1001 t=J on ,UIlIl'C.:I,,,n ".Ih ;;.ud rt;l11':s.13k.
<br />
<br />And whereas Ihl' >:lId morlg.Jf"'r 112; ag'el'J ;lnJ J(]ol'; h...uby 3gJU th3t Ih... mOli~fv! ,i13l1 mJ "ill p;ly ;!!1 t3-WS :md Jsse~nenls le\ied or
<br />assessed upon >:lid prl'ml;cS and upon tius mOltgagl' ;lnJ the hilnd secured Ihe.e!!\ he;',lre Ih.... :;;om.... :sha'!l h.e..-.lme delinquem: to furnish applowd
<br />insurance upon Ihe bUIldings on S3id p.eml!.l's "lUal...d m th... sum of S 4,800. 00 I'-'~ ab!e to $aId ASS(X'I:\ TlO" and to Jeliwr to Slid
<br />ASSOCIA TIOS Ihe pol,,:i..., for said insu.;lnce: and not !O <"Ommil or ~rmlt JilY '".:ste or. ,>1 aNUl S3W plemiscs:
<br />
<br />In case .Jf deiaull III Ihe performance of ;ln~ of Ihe te.rm and <"OlldiIWUS of llus ffiollgage m Ihe Nr.d Sle.:ur...d heleby, the mottgag~ shall.
<br />on d...rnand. be l'muled 10 immediate possessIOn "llhe moJlg.3gt'd premi3.es J(ld t~ m""llgag," he.eby 3~S. transfe.s and ~ts ow. to the
<br />morlgagl'e aU the r...nIS. rewnues and Income III h.... dt'liwd flOm t!l..... nw.t~ged p"~mis.es dunn;!' sudl time as Ihe mo.tgage indebtedness s.h311lemain
<br />unpaid: and Ihe mOrlgagec shall haw th... !>[J\\"" to Jpl""inl an~ ag....m v, agt'nts II ml~ .!emt' fl'l the pUIl"OSlt llf !epairing Slid ptemises and leming
<br />Ih... same and .:oll...cling Ihe rents. re\....nu...s and l'leon..:. and II m;lY p;ly out 01 saw lIh'Qmt all exr-enl<:s of lep;liling rod plemil'es and ne..~ss!lY
<br />commiSSIOns and expe!\\es incurr.:J in renlmg and nunagmg lhe S;)I1U .m.! of c-oIC"tmg ,enuls ,h-e,dlom: the blbnc-e ten\lining, if an~', to be
<br />applied IOward the dlSdlar~... of s,lId mOrlpge IIldebledness. Ihe;..- ,,~ts <Il'n' lite mo.lg.lf<< nu~ l>ot ~:\er':Is.eJ ;u :my lune dUlin~ Ihe exislence of su.:h
<br />defaull. .1 respecllw of any temporJ'~' wJiwr 01 Ihe ;ame
<br />
<br />These Presenls. ho\\e....r. 3,e upon Ihe Cond'lto". Hul If Ihe ~nj \kllgJg", s!n!l leJ'3~ ;;.11.1 1d!1l "" .1 h~fole tlte mUUlil}' of said s.hales by
<br />paymenl; pay moruhly 10 >31<1 ASSOCI,.\ nos <,I I~le SlIm ;1"'",f,eJ m line 8mtil s.e.:ured heleb~ ;lS ,melesl ;l,,,1 prinop.d on $Sid lo,m, on or before
<br />Ihe Twenllelh day' of each and ewr~ m.mlh. un III Solill k';ln 's lull~ ralli: J'3~ JIII..ws anJ ..s......;;rnenls leneJ ~:pinst said plemises and on Ihls ~loJtgase
<br />
<br />and Ihe 80nd se.::ned Ihereb~. beior~ Jelinquenc~ _ lurn.i!o 3pplOWJ ",munc.... UP'J1l the lmllding.> Ihereon mlhe sum of S 4 ,800.00 J".lY3ble
<br />10 said ASSOCI" T10~: repay to ;aid ASSOCIA no", "P'-'" .Iem.md all m"l}e~ 't>~ II r..!,d I.u m.:1t '-':\CS. ;Jls;s.essmenlS ..nJ insUl3n.:-c Wllh illtere~t 3t
<br />Ihe maximum legal .ate Ihereon from Jale 01 p;lptl-Cnl ..1I.,f wlt,,1t \I<>ug.l!>>! h"tleb~ ":?I~S It, pJl~ . rrrmlt n,-' W.lHe on UIJ plemll'es: keep 3nJ romrl}'
<br />
<br />wilh alllhe agreemenls an.! condItt"", 01 Ihe Bund 10. S 4,800.00 Ihl> d;l) !',wn b~ Ihc ;;Jld \IOlIg..tgO! 10 l'!ld ASSOCI A 110'\. 3nd Nmply
<br />wilh alllhe re<lu"l'nlCnls 01 the Comlllulwn :lIld B~ .Li"S 01 s;lId ASSOCI A TIOS: then Ihe;.e p,,~;.enlS s!ull l-erome null 3ml \'Ol.!, otherwise the)'
<br />Shlll remain III full force and m;ly be fore.:lol'ed ;ll the opt"'n ,'l the ;;.;,J ASSOCI.-\ TlOS aflel f;li!ure lor th.et' nhlntlts to m31.:e 3n)' <ll :>Jld
<br />paymenls '" be three monlhs In aue;l,; III m;ll.:mg 53.d nwnlhl) J'3~ menlS, 01 10 1.:<<1' and C\)mply V'lth Ihe ..gtet'ments ;lnd Nlldilions of s.uJ B.md:
<br />and Morlgagor agiees I., h;"e;l rece.w. appomleJ loult\\llh m so.:It lo.ed-om't pl&~.edmgs.
<br />
<br />If Ihere IS any dWlge m oWllership of tht .e;ll est;lle m,'ug.JgM ~Ielfi. br ule or othe(\\ise. Ihen the enlile lemiining indebtedness hetcby
<br />secured shall. al Ihe opllon 01 The Equitable BUilding ..nd Lvan Asw.:i.Jlion of (;.;mJ bbnd. ~eb'3~h.h-e"l)me immedulely due and p1)'3ble wilhoul
<br />furlhel nllll.:e, and Ihe a 1lI01l nt remammg due under 1.1ld hvnd. and any Othel bonJ lor ;In)" addilio!lalad\'.!lnc-es nude thereunder, s.hall. from Ihe
<br />dale lIf exel(l~ of said ,'pllon. bear IlllereSl allhe m;n.,mum 1e~.1II.lte. ;llld tins moll~J~e flU)"' Ihen be fOle.:los.td to lahM)" the lmounl due on laid
<br />bond. and .Ill)' lIlhel hond fll! addillo!lJ1 adv.ln.:es. together wllh .111 sums paid b)" said T1,e fqUluble Budding and Loan :\Sso.:iltVOn of Gland Island,
<br />Nebraska fll! II1SUlancc. Ill\es Jnd lssessments. and absu.I.:tmg exlem!oll chargt's, "ilh mtelest Ihe.eon, from d:i1e of 1'1rmWt al Ihe mllo:lmum
<br />legallale.
<br />
<br />As pllJ\ided III Ihe Uund secured heleb). \\hlle this morlgage .en13ms on eHe"l ,he m<>npgee 1lU). hele.!!lel 3d\'lInee 3JdlllOn31 sums III Ihe
<br />makers of said nond, lhru J'S1~m .,. .iuc.:essolS in mlelCSI. \\hl.:h Sllm~ sJull hot ".Ihm the se.:unty of Ihls motlp~e Ihe :>Jmt' as the lunds oripnally
<br />secured Ihelcby. Ihe 101;l1 al1l<,"111 ." !,rmcipal debt ntll tll ex.:eed 31 3n~ time the OIl~1I1111mount 01 thIS mOllg3ge.
<br />
<br />
<br />Harch
<br />
<br />A. ().. 1<)88
<br />
<br />,-
<br />
<br />ClinJ1>n J, 1a}..r,_J~, I
<br />~ '4- n.LlA~
<br />
<br />Betty L. an
<br />
<br />STATE OF NEBRASKA. {
<br />$!.
<br />COUNTY OF IIAI.1.
<br />
<br />Onlhis
<br />
<br />4th
<br />
<br />Ja) .,f
<br />
<br />March
<br />
<br />19 88 . before me.
<br />
<br />L
<br />
<br />the unJe!S'~lled. a ",'ta.) I'ublic in and ill! ~Id County, pe:,,'nall)' .:ame
<br />Clinton J. Harr, Jr. and Betty L. Marr, each in his and her own
<br />
<br />right, and as spouse of each other,
<br />me to he the tdrnhcal pels.tlnS \\tHlS(' name S are Jffi.,('~t h\ the- ae-l\f mstrunk'nl ;)~ mortg3g0! 5
<br />
<br />a(knllwledge<llhe ,.11<1 1II\lfl.lfllenllll be the i r mlllnlar\ ;l.:1 and deed
<br />
<br />WIT'ISS Ill\ hand and ','1.lfIJl Seallhe J;lh' al.>re';lId
<br />
<br />\"h..)
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<br />are
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<br />personally known 10
<br />
<br />.nd
<br />
<br />they
<br />
<br />.....\'elall)
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