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<br />88-
<br />
<br />10216 ':I
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<br />MORTGAGE
<br />
<br />!r
<br />~. ,
<br />
<br />875
<br />
<br />MORTGAGE LOAN NO. HI
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<br />FHA
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<br />KNOW ALL MEN BY THESE PRESENTS: ThaI John W. Parker and Mary S. Parker, each in his and her
<br />
<br />own right, and as spouse of each other,
<br />Morllllgor, wh.lh.r on. or mor., in con.id.rltion of Ih. sum of
<br />Five Thousand and nollOO ----------------------------------------------------------~LLARS
<br />
<br />101n.d 10 said morlllllOr by Th. Equll.ble Building .nd Lo.n Associ.lIon of Gr.nd hland, N.br.sk., Mortgage., upon 50 shor.s of slock of
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<br />said ASSOCIATION, C.rllfical. No, III 875 FHA. do h.r.by gr.nt. conv.y and monlllg. unto the said ASSOCIATION the fonowing
<br />described real ..1.1., situal.d In Hall Counly, N.bnslc.:
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<br />Lot F:fty Three (53) Potash Subdivision, Hall County, Nebraska.
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<br />1"Iflh.r with aU Ih. t.n.m.nt., h.redit.m.nts .nd appu'I.IIII1L'" th.,.ulllo b.longlng, Including .Illch.d noor coverings. aU window screen.,
<br />window sllIde., blinds, slorm window.. awnins" hellins, air conditioning, and plumbing .nd wat.r .quipmenl and .cceuorles thereto, pumps. SlOWS.
<br />r.CriJerllou, .nd otll.r fixtur.s .nd .quipmenl now or h.r..Cter .lIlch.d 10 or used in conn.cllon with said r.ll.stale.
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<br />And wher"'1he said morlJll&or has .p..d and does h.,.by og,.e th.t Ih. mortgagor shlU .nd will pay all tIX.. and ......m.nts I.vi.d or
<br />....ued upon said premi..s .nd upon this mart(lllg. .nd Ihe bond ..cured th.reby b.Core the sam. shall become d.linqu.nl; to furnish .pproved
<br />insurlnce upon Ih. buildings on said premises situal.d in the .um of S 5,000,00 pay.bl. to Slid ASSOCIATION .nd 10 d.liver to Slid
<br />ASSOCIATION the policies for aid insurance; .nd nollo commil or permit .ny WISt. on or .boul Slid premises;
<br />
<br />In cue of d.r.ull in lhe performance of .ny of Ih. I.rmslnd condition. of this mangas. or Ihe bond secured h.r.by, Ih. mortgaac. sholl,
<br />on demand, be .ntitl.d to immedial. posscssion of Ih. mortlllSCd premise. and Ihe mortJlll\or h.r.by assign., tr.n.f.u .nd sets over 10 the
<br />mort..... .lIlh. r.nts, revenues .nd income 10 be d.rlved from the mortlllg.d pr.mise. during .uch 11m. IS th. mortlllg. ind.bl.dneu shall remain
<br />unpaid; Ind lh. mo11lllgee shall h.v. Ih. power to Ippolnt .ny a..nl or 'I.nt. It may d..ir. for the purpo.. oC r.p"irina aid premiseslnd r.ntina
<br />the same .nd coll.cllns lhe r.nts, rnenucs.nd income, .nd II may p,y oul of Slid incom. all .xpense. oC rep.lrinasaid pr.mlsct .nd n.ceSSlry
<br />commissions .nd expense. incuned In renlina.nd man.alng the SI'M alld oC collecling r.nlal. Ih.r.from; Ih. b.llnce rem.inlna, If .ny, 10 be
<br />applied loward Ih. discharge DC Slid morlpg. ind.bt.dlles.; these rights oC Ihe morlg.gee may be .x.rclsed It any lime durlnglh. .xl.tence of .uch
<br />d.C.u1t, irr..pective of Iny lemporary w.iver of th. Slme.
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<br />TII.se Present., how.v.r. .r. upon the COl\dltion. ThaI If th. said MOIlgagur shall r.r.ay said lo.n Oil or beCor. Ih. m.lurily of said shar.s by
<br />paymenl; pay monlhly to said ASSOCIATION of the .um specified in Ih. BUild secur.d ,.r.by "' int.r'll .nd principii on said loon, on or before
<br />th. Twenlielh dlY of .Ich .nd .very monlh, unlll said 103n i. Cully p.ld; p.y all laxcs .nd ....nlll.nl.levi.d .1.ln.lsald pr.mi..s.nd on thls MorlW.
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<br />Ind th. Bond secu..d Ih.reby. beCor. d<llnqu.ncy; Curnish .pprov.d ill.urlnc.upon Ih. building. Iher.on in Ih. .um of S 5,000.00 paYlbl.
<br />to said ASSOCIATION: r'plY 10 said ASSOCIATION upon d.mand .11 mon.y by II p.ld Cor .uch I.x... ......m.nt. Ind in.ur.nc. wilh Int.reslll
<br />Ih. maxJmum '.gal r.l. th.reon from d.l. oC p.ymenl .11 oC which ~"ortg'l\Or h.r.by ogree.to pay: per mil no wa.te on Slid premise.; k..p .nd comply
<br />
<br />wilh IU tlte aSlcementland condillonsof th. Bond for S 5,000,00 this day given by Ih. said Mortgagor 10 said ASSOCIATION, and comply
<br />wilh IlIlhe tequlr.lI1.nts oC lhe Con.1I1ullon Ind By.Laws of Slid ASSOCIATION; th.n th.14! pr.sent, .holl become null and void, olherwise Ih.y
<br />shall remain in full fore. and may be Cor.c1osed at the opUon oC Ih. Slid ASSOCIATION afl., C.ilur. for Ihr.. months 10 m.k. .ny of said
<br />paymenl. or be thr.. months in ."..rs in mlkins said monlhly Plym.nlS, or 10 k..p Ind comply wilh th. .gr..ments and condlllons of Slid Bond;
<br />Ind Morllllaor Igr..slo have 0 r.c.iver .ppoinl.d Corthwilh in .uch lor.c1o.ur. proce.dlns..
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<br />If Ih.r. i. Iny ch.nl" in own.rshlp DC Ih. r.aI .11.1. morlpg.d her.in, by sale or oth.rwise. then Ih. .nllre r.mainlng lnd.bt.dn.n h.reby
<br />..ured shall, Illh. oplion oC The Equil.bl. Building and loin Association oC Grond Island, N.braska, b.com. imm.dill.ly due .nd paYlble wlthoul
<br />furlher nOllce, .nd Ih. .mounl rJmlining due under Slid hand, .nd Iny oth.r bond Cor .ny .ddillon.l.dv.nees m.d. thereund.r, shill, from th.
<br />dlle of ...rel.. of Slid oplion. b..r Inleresl 1111'" maximum kllll r.I., .nd Ihis morlllll. may th.n b. Cor.c1osed II' SllIsfy Ihe .mount due on aid
<br />bond, and Iny olher bond for Iddilional .dVlllces, tOJl.ther with.1I .ums p.ld by said Th. Equil.bl. BuUdlng .nd loin AlSDciallon oC Grind Island.
<br />Neb.... for Insurance, tax.s and .ueumenls, and .bslr.cllng ext.nsion charges, with inlere.1 Ih.r.on, from dlt. of p.ym.nt .1 Ih. maximum
<br />IepI rale.
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<br />As r,ovlded in Ihe Bond sccur.d her.by, whil. lhi. mortJlll\o r.main. in .rr.cl Ih. mortgageo m.y h.r.lfl.r advlnc. Iddillonll sum. 10 the
<br />makers 0 sald Bond, their ...ians or .uccessors in inl.rest, which .ums shall b. within the sccurily of Ihl. mortple tho sam. u Ihe fund. o.iJin.ny
<br />......... thereby, the tOlal .mounl of p.inclpal d.bl not 10 exceed ot any time the D1iJinal amoont or lhi. marlJlll\o.
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<br />dlyof April A. D.. 19 88.
<br />
<br />
<br />Mary
<br />
<br />STATE OF NEBRASKA,l IS.
<br />COUNTY OF lIALL {
<br />
<br />11th
<br />
<br />d.yof
<br />
<br />April
<br />
<br />19 88 ,beforell\ll,
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<br />On Ihls
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<br />th. und.nign.d, . Notlry Public in ond for said County, penonllly came
<br />penonllly known to
<br />
<br />l
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<br />John w. Parker and Mary S. Parker, each ;.n his and her own right, who are
<br />and I' .pouse of each other
<br />IlIIIO IlIll11lc1fnllal perllln. whole n.mes are Iffiud 10 lhe above instrum.ntll monlllor s
<br />
<br />....now"cIttd lhe Slid Instrument In "" the i r vuluntory Ict .nd deed,
<br />WlTNP.sS my hand .nd Nollfial Sullh. dl~wr.Slid.
<br />
<br />My Commission exptre.//-.;? S' 0;1
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<br />.','01 .,
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<br />.nd they sever.lly
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<br />(/. 'jc~ ~~~N
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<br />~ NUII'}','u Ie
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<br />~ G.1lClW1
<br />............ II, l_
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