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86-100A1719
<br />MMT,C,A,GE LOAN NO. Z 24.4`2
<br />IMM AU ION NY 7111M MESENM That liarry Fowle and Barbara A. Towle, husband and wife; and
<br />sylvester Chady and joarae J. Cindy, huW3and and wife,
<br />Morippor, whadw one or mm, an aewderatioa of the an= of
<br />PCILWbeen MDUsand and ro/100 'DOULARS
<br />Isisisidlisind a 1"u by Ilse Equitable bulding and Loon Association of Good Id1rA,Nebnm&a, martmaw, w- 140 ofillackof
<br />aid I MATM, CArtdicwe No. L do hereby grant, convey and inartlipe unto The said ASSOCIATION da 611
<br />. — aspic, ift
<br />The Northerly Eighty Eight i(&) Feet of Lot Four :(4),
<br />in Block Sixteen (16), in the Original Town, Mw City
<br />of Grarid Island, Hall County, Nebraska.
<br />together wft all the ienements, bereditaments and appurtenances thereunto belonging, including attached floor txivcrings, all window screens,
<br />window duWc&, blinds storm windows, awning, bestog air conditiorring,and plumbing and wafer -equipmemand accessmics tbewto,pmrps,stows,
<br />refiVerateirs. and other fixturn and •equipment now or hereafter attached to or used in ,connection with said Mid estate.
<br />Anti whereas the said macrtMot has speed and does hereby agree that the mortgagor shall me win pay all tax and assessinests ievievl or
<br />assessed upon sad premises and upon this morqW and the band secured theirliv before the same shall becomne delinquent, to fistm I approved
<br />insurtance upon the butildirigi: on said premises stunted in The sum of S 14, 000.'00 payahle to said ASSOCIATION and to deliver to said
<br />ASSOCIAINK Ike policies fix said insuriom; and not to commit or permit any wage to or about said premises:
<br />In use of dcfmk in the performance of my of the terms and conditions of this nortVp or the bond secured hereby, the ninartpytir nisi,
<br />ms Acrissind, be entitled so vinmeduste possemaori of the mortgaped premises and the inartgogm hffcbv zinc=, triers and was ever to the
<br />zKwjVW all sbe seats, seventies mad income to be derived from the mortgaged pmwu= durm* such time as the motipMe madebtedisen sisoll tens
<br />ur4and, and the mor4ppe AW have the power to appoint any Win or agents it may divisue for the purpose of Tepornig said pressers said rentim
<br />the same said calecting the ram, x-vernaes and iticozzie, and it may M out of said Mcwtic all expenses of repairing mid Isresines and Sucticssay
<br />cosimistioss and expenses inctirred in Tenting and managing the same and of collecting rentals therefrom the bid reaskinisS& if my, 10 he
<br />applied toward the discharge of said mxh tSW indebtedness, these rights of the inortrxgee may be exercised at any time during the exislessce c(such
<br />default, irrespective of Sury temporary warm of the sane_
<br />These Pmwarts, however, we upon the Condition, That if the said Mortpgor shall repay said loan an or before the maturity of mid sbares by
<br />payment; pay morithly to said ASSOCIATION of the sum Wcsf=d in the goad secured hereby as interest and principal im said Ions, on err before
<br />the Twerstieth day ofeach and every musitit, until said loan is fully paid; pay all taxes and assessments levied against said wessines and on this Mortgage
<br />and the goad secured thereby, belme deiuxjueacy: furnish approved insurance upon the buildings thereon in The =in of S 14, 000.00 payable
<br />to mid ASSOCIATION, m7sy to said ASSOCIATION upon demand all money by it paid fin such taxes, assessianouts and insurance wi& interest at
<br />the mummum kpi rule thereon from date of payment all of which MonW)r hereby agrees to pay: permit no wasteen said prernismteip and cow#dy
<br />with all the agreements andoon"oons of the Bond for S 14. 000.00 this day given by the said Mortgagor to said ASSOCIATION, Smil cosoply
<br />Witil AM the "qWCMMS Of the C,01194141011 and by4-aws of said ASSOCIATION ; then these presents shall become nub and void, otherwise they
<br />sluill remain in full force and may be foreclosed at the option of the Said ASSOCIATION after failure for them moths to anke any of said
<br />pryments ar be thistic months sat :nears in making =W monthly payments, or to keep and comply with the Agreements and otraddactis of said Bond-,
<br />said ldsarqmor spa oes to have a receiver appointed forthwith to Ma foreclosure prinzedings.
<br />If abut is my loupe in owsciship,of The tad estate mortgaged herein, by sak of otherwise, then the entire remanuft aidebtodianis hereby
<br />waemr I dolt at tie option of The Filustabic Building and LA= Association of Grand Island, Nebraska, became immediately due and Payable without,
<br />butber nobve, and Abe a ammit ramsmag due under said bond, and any other bond for any additional advances nude thereu nder. sball. from the
<br />date of exercise of said option, ben inievest at the maximum legal rate, and this nKw4W may then be foreclosed to ntisfy the on"M Am an said
<br />Ise adjaidsay indaer bond for additional advances, together with all sums paid by said The Equitable building and Loan Association of Quid Islimil,
<br />Wellinsilka for ismarzace, taxes and mrsiments, and abstracting extension charges. with interest thereon, from dale of payment at the masimarm,
<br />)evil rate.
<br />As provided m the bond secured hereby, while this mortgage temaitis in effect the mortgagee may hereafter advance additional an= to the
<br />salters of Said bond. their assigns or surxzason in interest. which sums shall be within the security of this moripp the sum as the funds originally
<br />sacand dissidby, the Autal mm ount of principal debt not to exceed at any time the origuad amount of this mcrtgap-
<br />now aia _el— 216th avyof Januaryv A. D., 19 86
<br />-1 - -
<br />day of J,
<br />19 66 , before tae,
<br />thr undersigned. a Notary Public in and for sod County, personally cum
<br />1CIA11IM' Ll- Clhrv4.%?- himd-,Ary aTri wifo -
<br />who
<br />W' ere O&WA" periiaii S wJWW oumw S aix- liffSX061 141 the 81310W SUM I WIRCT11 M 11K)AMOF S
<br />01adpil *,JMd Jiftsir UHWW to he tiAL-Ir voiuntaii, act and do od
<br />WrIN*.16 may UmW the a#44• at ... eio�
<br />(' t"nmomm VMWe
<br />Af 7 q JA /-'
<br />aLrc- pens orally known to
<br />and tjle}7 Wwralty
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