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so Tc;AM MORTGAGF- LOAN No, _ _49R2 _ _T- _— KNCVW ALL MEN BYTHFSVPMENIN:That Randall 0. Ross and Connie K. Rome, each in his and her own right and as spouse of each other, Mortgtagor, whather err mows an � on ionise of n, „ry Six Thousand and no /100. . --- ----------- --- __� � --------------------- DOUAM laaned in trod mortgaguir by The PtlWable 0 and taut Association of Grand Island, Nebraska, M 260 of of MW ASSOCIATION, Certificate No. L 29 , do hereby grant, txxavey and btu unto the said ASSMIA71ON the (allowing dmwcgwd will sstate, Aim" in Hall County, Nebraska: The South Seventy –Eight Feet (S78') of the West Sixty Four Feet (W64') of Lot Seven (7), Block One (1), in "Lakeview ", in the City of Grand Island, Hall County, Nebraska. together with all the tenements, hereditamcnis and appurtenances thereinto belonging, including attached fluor coverings, all wirndow screens, wpadow *asks, blawk, storm wiruH>ws, awrimpx, healing, air conditioning,and plumbing and water equipment and accessories thereto, pumps, Moves, refr*rnmors, and other fixtures and equipment ruhw or hereafter attached to or used in connection with said real estate. And where the said mortgagor has agreed and does hereby agree that the mortgagor agor shall and will pay all taxes and s seanants kvied or aswmd wpm said prep sues and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved mmance upon the buildings on said premises situated in the sum of $ 26, 000.00 payable to said ASSOCIATION and to deliver to said ASSOCIATION the policies for said insurance. and not to commit or permit any waste on or about said premises: In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee shall, on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the mortlIppe all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness stall remain unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repaaing said premiss sad rerrting the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said promises and nary COWARiOgOM and exppaennses icurrcd io renting and managing the sane and of collecting rentals therefrom; the balsam remaining, if coy, to be ��pp�heedd towed the dschagpe of said mortgage indebtedness; these rights of the mortgagee may be exercised at any tune during the existence of such defer, irrespective of any temporary waiter of the same. Thew ?resents, however, are upon the Condition, That if the said Mortgagor shall repay said loan on or before the maturity of new shun by payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as Interest and principal on said loan, on or before the Twentieth easy of each and every month, until said ban is fully pail; pay all taxes and assessments levied against said promises aniFf on this Mortgage and the Bowl secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sum of f 26 , 000.00 payable to said ASSOCIATION; repay to said ASSOCIATION upon demand all mosey by it paid for such taxes, assinamsets and insurance with interest at the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premises; keep and comply with all ale agreements and conditions of the Boma for E 26 , 000.00 this day given by the mil Mortgagor to said ASSOCIATION, and comply with all the requirements of the Constitution and By-Laws of said ASSOCIATION; then these presents shall become null sad rod, otherwise they shall rein in full face and toay be foreclosed at the option of the sail ASSOCIATION after failure for three months to Crake any of said paysisents or be three months in arrears in making said mumthly payments, or to keep and comply with the agreements and conditions of said Bad; and Morlpillor mess to lave a receiver appointed forthwith in such foreclosure proceedings. If there is any chine In ownership of the real estate mortgaged herein, by ask or otherwise, than the entire remaining iadebtedmu hereby reversal sue, at the option of The Egnsltable Mlling and Loath Association of Grand Island, Nebraska, become immediately due and pay" withmN fwsler "Nice, and the amount remaim al; die under said bond, and any other bond for any additional advances made tharcusider, sag, fmm the ale of examine of new option, bar interest at the maximum legal rate, and this mortgage may then be foreclosed to satisly the amount due on said boad,and any other bond for additional advances, together with all sums paid by said The lAwtable Budding tend Loan Association of Grand Island, Meltrasks for imamuxc, taxes and asseasenents, and abstracting extension charges, with interest thereon, from date of payment at the maximum legal False. As provided in the Bond armed hereby, while this mortgage remains in effect the mortgagee tray hereafter advance additional sumis to the ankers of mid land, their assigns or successors in interest, which awes shall be within the security of this nortgw the same as the funds originally thereby, secured the total amount of principal debt not to exceed at any tine the original amount of ibis mortgage. t 25th o1a Septieffber A. D., 19 87 . KOW4111 1). ROSS - - - -- t;onnie L. Koss STATE Of NEnASKA, t ss. on this 25th day of Septenber 1987 beloro m., COUNTY OF F #At.l. S Randall O. Ross and Connie K. Ross, each in hid �` dhotaryParblkinand forsadcuunty , persosraMyoaare right and as spouse of each other, who are parrumally known to ran to be the Wasitical parsons whom names are affixest to the above instru as "Volt urn sat they severally the NM malrecural to be their volurataty act and WITNESS my Mad and Notarkst.Wi tar date sfaremA. r My t. aamnimim expires X,wafy ic