|
87- 144712
<br />MORTGAGE LOAN NO. L 24 868
<br />Dlo w ALL MEN By ntEsF. PRESENTS: That Mwolengta I,otsana and sengchanh Iaotsana, each in his
<br />and her own right and as spouse of each other, Mortgagnc, whether one or mows, in consideratkaft of the t of
<br />ThjrfatEtw Thousand And
<br />Ilo /100-------- �--- ----- -- ____ �______ -- .DOLLARS
<br />,awned m said by The Ewe sad L am _ _ _ ._ of Grad Ismd, Neon ka. , � 350 s. of each of
<br />mid ASSOCIAT M. Carts'natc No. L 24,868 , do hereby fit. convoy and unto the said ASSOCIATION the folowLts
<br />daadsed red gains. sites in Hall County, Nebraska:
<br />The Easterly Forty —Eight Feet (E 48') of Lot Seven (7), Block Nine (9),
<br />in Dill and Huston's Addition to the City of Grand Island, Hall County,
<br />Nebraska,
<br />to, dw with all the tencrocists. hereddaments and appurtenances; thereunto belonging, including attached floor coverings, all window saes,
<br />window ahedas, lifinds, torn wrodows, awnings, heati , at eonditioniag, and plumbing and water equipment and awctaories thereto. pumps,stora,
<br />refrigerators, and otter fixtures and rat now or hereafter attached to or used in connection with said rtes estate.
<br />And whereas the said and does hereby agree that the mortgagor shall and will pay all taxes and ammoonts kvisd OF
<br />awned Won mud this mortgage and the bond seclucil t00.by before the saute stash be e • to fwsudt approved
<br />�g the on situated in tx sum of $351 UU payable to ASSOCIATION l to debver to said
<br />AS�C1A71ON the policies for said assurance. and not to commit or permit any waste on or about said ,
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond socurod hereby, the moatgaga shall.
<br />on demand. be entitledl to morgiduft possession of the mortgalled premases and the mortgagor hereby asuggs, tnnslets and sou over to the
<br />aortget all the rents, tevermos arid numor to be derrved from the mortgaged promises during such time as the aeons
<br />Unpaid; and the hank the power to appoint any agent or agents it may desire for the purpose of said and rowing
<br />the arse and collecting the it any hay out of said income all expenses of reporting said promises and try
<br />commissions and a red b renting and the sane and of coltecttrg rentals therefrom; the balance say, to be
<br />toward the discharge of said mortgage indebtedness. these rights of the mortgagee may be exercised at any time during the existence of such
<br />of any temporary wauver of the
<br />These Ptesewts. however, ace upon tit Condition. That if the said Mortgagor shall repay said loan on or before the maturity of said snares by
<br />p gwAm; pay monthly to and ASSOCIATION of the sum specified in the &rid secured hereby as interest and principal on said ban. on or Wore
<br />the Twentieth day of each and curry month, until said loan is fully paid; pay all taxes and assessments levied against said premises and on this Mortgage
<br />and the bood waned thereby, Wore de ; furnish approved insurance upon the builder thereon in the win of s 35, 000.00 payable
<br />to mid ASSOCIATION; repay to all ASSOCIATION upon demand all money by it paid for such taxes, assessments and Wourance with gnome at
<br />the WAMMUM 11901 We thereon from date of payment aM of which Morigagm hereby agrees to pay; permit € o waste on said pmmises;keep and comply
<br />with all the agreements and conglitions of she bond for S 35, 000.00 this day given by the alai Mortgagor to said ASSOCIATION, and comply
<br />wish all the riglogromisaft of the Constitution and )-Laws of said ASSOCIATION; Heat these presents shall become gulf and void, otherwise tiny
<br />doll in full force and any be foreclosed at the option of the said ASSOCIATION after failure for throe months to mace any of aid
<br />priments OF be three months in arrears in making said monthly payments, m to keep and comply with the agreements and conditions of aid Bond;
<br />arid Moripgot agmes, to have a receiver appointed forthwith in such foreclosure proceedings.
<br />If them is any change in Ownership of the rte estate mortgaged herein, by ark or otherwise. Bert the entire remainifill indebtedness hereby
<br />new" , at the option of The Equitable Building and Lam Association of Grand Island, Nebraska, become immediately due and payable without
<br />further notioe, and the amount renamung due under aid bond, and any other bond for any additional advances trade thereunder, &ball, from the
<br />daft of examine of and option, beer source at the maximum ko rate, and this mortgage may then be foreclosed to satisfy the amount due on said
<br />bood,and any other fo adddxnW advances, together with all suns paid by aid The Equitable Building and Loan Association of Grad Island,
<br />Nebraska for ' assurance, taxes and annunmts, and sburactiag extension charges, with interest thereon, from date of payment at the nEXiWAM
<br />11111101 rate.
<br />As ur the Band secured hereby . why this reigning in effect the mortgagee may hereafter advance additions > to the
<br />wiars t� Btu, their a in interest. which sums shelf be within the security of this mortgage the same as the funds originally
<br />sewed thereby, the total amount of principal dew not to exceed at any time the original amount of this mortal.
<br />Duel this 7th day of August A. D., 19 87
<br />Sejq
<br />tsana
<br />STATE OF KA, a. Og this 7th day of August 19 87 , before ate,
<br />COUNTY OF HALL
<br />the a Notary Public in and for aid County, Pa»� carne
<br />Khamphengta IAtsanat and Sengchanh Wtsana, each in his and her own right and as spouse
<br />of otter, who are l "ionWy known to
<br />w to be the ' whose ate 3 are altixed to the above instrument as mortr4lor s and they severally
<br />the void unummm to be their voluntary act and dead.
<br />NRT7~t and Not Stal the seta
<br />My Commission -p— � JMIM�'i
<br />A -1041116AM
<br />
|