|
<br />B8-
<br />
<br />105508
<br />
<br />MORTGAGf.
<br />
<br />MOR1TOAGE LOAN NO. HI B94 FHA
<br />
<br />KNOW ALL MEN BY 11tESE PRIOSENTS Thll Mark R. Forsberg and Janice E. Forsberg, each in his and
<br />her own right, and as spouse of each other,
<br />
<br />hlortJllO" whether one or mote. in consideration or the IUJD or
<br />Forty Si x Hundred and no/l00 --------------.-----------------------------------------OOLlARS
<br />
<br />loaned to Did roor1:~r by The I~ui.ahlc Building and Loan Association ofGf3nd Island, Nebmb.Morlgagec, upon 46 shares ofSl.ock of
<br />
<br />aid ASSOCIATION. Certlfica'e No, ~I B94 FHA, do hereby gnot. coovey ..d mortgage unlo the aid ASSOCIATION the foUowins
<br />described real esul.c, dluated in lIall County, Nebraska:
<br />
<br />Lot Six (6), of County Subd1vision of part of the South Half of the Southeast Quarter (S~SE~)
<br />of Section Sixteen (16), Township Eleven (11) North, Range Nine (9) West of the Sixth P.M.,
<br />Hs1l County, Nebraska, excepting therefrom a tract of land deeded to the City of Grand Isl~nd.
<br />more particularly described in the Deed recorded at Book 46, Pa~e 600 of the Deed Records 1n
<br />the Office of the Register of Deeds, Hall County, Nebraska.
<br />
<br />tDFlher with .all the tenements, hen:ditamenu. al.d appurtenances thereunlO belongmg., including aU.adu:d floor coverings., all window screens,
<br />window dudes., blinds, norm windows, awnings, heating, an ct1nditioning, and plumbing and water equipment.oJ accessories lheRIO.pumps.stoves.
<br />rc:friBcnlors.and other Hxturcs and equipment now or hereafter attached 10 m used in connection wilh said real estate.
<br />
<br />And whcreu the said mortgagor Iw agn:ed and does hereby ngrel: lhal Ihe mortgagor dlall and will pay all taxes and auessmenls levied. or
<br />
<br />:=:ceu~~n~c ~uil~gs~: ::np:~:=:::~e~~~ :~; :u~~I;;c4~~Bor.~ao bt:fore P~~:b~O ~ ~~~~,;:n~~ot~~
<br />ASSOCIATION the policies for said inswancc~ and not 10 commit or pemut any wa,;le on or about said premises;
<br />In CUI: of deflult in the performance of any of lhe terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demand, be entitled 10 immediate: possession of the murtgaged premises and the mortgagor hereby assigns, tnnsfen and sets o~r to the
<br />JllJrtpF all the renl5, revenues and income 10 be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br />unpaid; and the mortgagee shall have the puwer 10 appoint any ag.ent or 1gents it may desire for the purpose: of repairing said premises lIJld renting
<br />the sam: and CflOeCling the rents, revenues and income, and it may payout of said income all ex.penses of repairing said premises and ne=ssary
<br />~~~~d~hecxC;g~n~n~~ j~~~tn:: i:~br::::f:;gt:~ ~i:I::t t~~ :~~~~:~ :~~::e ~~~7J::-~tt:y ~::~~~~:: ~;~
<br />defaulL. irrespectM of any temporary waiver of the same,
<br />lbese Presents, however, arc upon the Cundition, Thai if the said Mortgagor shnll repay said loan on or before lhe maturily of said sharc, by
<br />payment; pay monthly 10 said ASSOCIATION uf the sum specified In the Bund secured hereby as inlerelit and principal on said loan, on or before
<br />the Twentielh day ofCJIch and e1lery monlh,unlilsaid loan is fully paid; pay all taxes andassessmenls leviedagainsl said premises and on this Mortpp
<br />and the Bond ICCUred thereby, befure deIinquenq; fwnish approved insurance upon lhebuildings thereon in the sum ofS 4,600.00 payable
<br />10 said ASSOCIA nON; repay to 5llid ASSOCIA nON upon demand all money hy it paid fOl such lUes, assessments and insurance with interest II
<br />the muimum ~I rate thercun from date of payment aU of which Morlgagor hereby agrees tll pay; permit no wasleon said pll!mUcs;kCllP and comply
<br />with all the lpeemc:nts and condilions of the Bond for S 4 I 600 . 00 this day gi~n by the said Mortgagor to said ASSOClA nON, and comply
<br />with.U the requirements of the Constitution and By-Lawsof said ASSOCIATION; then these presents sh2ll become null and void, otherwiJe Ihey
<br />shall remain in fun fora: and mny be foreclosed at Ihe option of the said ASSOCIATION after failwe for three months to make Iny of said
<br />payments at be three monlhs in arrears in making said monlhly payments, or to keep and comply with the agrecments and conditions of said Bond;
<br />and Mortgagor _Klees 10 ha~ a leCCI~r appointed forthwith in such foreclosure proceedings
<br />If there is any change in owneuJup of the rcaJ atate mortpged herein, by sale or olherwise, then the enUIl! remaining indebtedness hereby
<br />1CCUI'Cd. sbaD, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and paYlble without
<br />further nolic:e, and the amounl remainin& due under 5llid bond, and any other bond for any additional.dVUlccs made thereunder. shall, from the
<br />date of ettfcDe of said option. bear inlCtesl Illhe maximum lcpI ole, and this mortpp:: may then be forcclotcd tD ..lUfy the amount due on aid
<br />bond, and any olher bond for .ddil.ional advances, together with aD mu::s paid by wd The EquiIDblc Buildins and Loan ADoQation or Grand Island,
<br />Nebrub for insurance, tues and assessmenU, anJ .bstl;acting ex.lention charges, with intCtcst thereon, from date of paymenl at the nwdmum
<br />kpJrolJ:.
<br />As prDYided in the Bond secured hereby, while this mortgage remains in effect the mongagce may hereafter advance additional sums to the
<br />makers of said Bond, their assigns ur successors. in interest, which sums shall be within the security of this mortpg.c the same as the fundi originally
<br />~d thereby,Ute tolal L.MJunt ofprincipaJ debl not to exceed at any time the otigr.nal amount of this mortg:qe.
<br />October A, [).. I <JBB
<br />
<br />i~?-:.~'
<br />k ~ ~ : ~ <; h r /\( Ir-
<br />J.ce 4 t' r D
<br />
<br />SlATE Of NEBRASKA. t IS,
<br />COllNlY Of IIAll f
<br />
<br />On Ihis
<br />
<br />6th
<br />
<br />day or
<br />
<br />October
<br />
<br />19 SS . before me,
<br />
<br />L
<br />
<br />Mark. R. Forsberg and Janice E, Forsberg, each t~~un~i~~[t ~~~ry 6~~licr~gWl~1 said County, pctXJnaUyc:arDll
<br />end as spouse of each other. who are pC:llonaIly known 10
<br />me 10 be the i&ntial pC:TXIns wwne narm 5 are IlfTb:;ed to the .bu\'e ImtrumenllU OIungagl..lf 5 and they ~y
<br />ac:kf1OYl'kdFd tbe gid UlS1rumrnt 10 be their yulunlary IIrl IInd deed
<br />.,.,n....55 my ILalul and Nnl.1lflal Seal tht' tUlr "fm"'Uld
<br />My ('nmmJWIm C'.puri / / -_""...;,; - A /
<br />
<br />)
<br />
<br />.... ...1"..~'
<br />
<br />'--~?':':-"~'-
<br />Nol.r"l' J"nbhc
<br />
<br />..:r.DI.r
<br />
<br />----"..._...1"
<br />JllAIINI CL _
<br />.,01-........ a ~
<br />
|