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86-- 101044
<br />MORTGAGE LOAN
<br />MOW Au ILK THVW ppg MM: TbM Theadose Avila and Ofilia Avila, each in his and her own
<br />right and as spouse of each other, Mortgagor, 10110tilar one of more, in eva*kMUM of the assn of
<br />loaned to aid wvaryagot by The 1wid6tR
<br />t oM AXW=tim of f Saud hbM. Netraica, Mort Mw. uPDc 65 of stoat of
<br />said ASSOCU►TTtNd, Cartidioate No. L 24, 465 do +y 9-1. convey and mongage unto the said ASSOCIATWW the foBowiwg
<br />aewrlsea ad cam, situnad in Hall Comay. Ncbra*"a
<br />Lot Five (5), in Block Fourteen (14), in 0-ans Addition
<br />to the City of Gram Island, Hall County, Nebraska,
<br />is and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />toppuhwr with all the tt rtemetnts lnereditarsnen aPPair and water equipment and accessories theteto,ptm4e,ttores,
<br />wisndows. atvmtags, heating err toniiitioning,and priumbitng e9
<br />window shades, bads, storm
<br />refrigerators and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br />And wiring the said mortgapx has agreed sad does hereby agree that the mnrtgap <tr shall and will pay all taxes and saetanaeuts levid Of
<br />thereby befort the same shat! become delinquent; to fivtdth approved
<br />Q
<br />aged upon said premom and � this �� std the bond secured
<br />buildings said situated in the sun of S 61500. 00 payable to said nssex tAT10N and to delis m old
<br />'
<br />� upon the on presses
<br />ASSOCIATION the policies for said inatraeoe, and not to commit or permit any waste on or about said premises;
<br />In tare of defadt ism the performance of any of the terms and conditions of this rnorlgage or the hood segued hereby. the mortgagee sloth,
<br />the mortgagor hereby ampis, transfers and sets over to the
<br />an demand, be entitled to immediate poraestaon of the tnortgaped premises and
<br />ravel m ag the routs. revenues and inc, to be derived from the mortgaged premises during such time as the mortgage hods btednt s shfN remain
<br />desire for the purpose of repairing slid presses and rt ntiog
<br />it
<br />.
<br />unpaid: and the nnortgagee � have the power to appoint any spear or agents may
<br />the same sad oosedarg the rents. rewenuea ad vteooe, and it may pay out of said income all expenses of repaving said P and a�9
<br />and of wlleci rentals therefrom; the balm¢ ^'ma' in , if MY, 10 be
<br />#
<br />the same
<br />c red expenses mcurred in ratting and mam9ng the cxipnsoe of nsrit
<br />applied toward the discharge of said mortgage indebtedness; these rights of the rnortgap m may be exersasd at any time during
<br />Arias, irrespective of say tenwotary waiver of the same.
<br />T9rdr Presrnta, however, are upon the Condition. That if the said Mortgagor shall repay said loan on of before the maturity of said shoes by
<br />in the bond secured her eby as interest and primped on said loan, an or before
<br />t moarthly to said ASSOCIATION of the sum specified
<br />Payment; pay all taxes and asaesg,tertu denied against said premises and an this Mortgage
<br />the Twentieth day of each and every Month, until said loan is fully paid; pa_'
<br />tleebnddigs thereon in the nun of $6 500.00 Payable
<br />and the Bond secured thereby. befwt &4kK nncy:, futussit approved insurance up airs for oat taxes. ants and �sststuattee with interest at
<br />by
<br />to said ASSOCIATION: repay to said ASSOCIATION upon dstrad an man" , Paid
<br />legal rate thereon fixing date of payment all of which Mort {,upon hereby agrees m pay: peruut to waste on said pis eownx; keep and comply
<br />the maxeamn
<br />nth all the agreements and conditions of the Bond foe $6 , 500.00 this day given by the said Mortppx to said ASSOCIATION, and :amply
<br />ASSOCIATION; them these presents shall became atdh and void, otherwise they
<br />wit .0 she gulp uements of the Coastitutioo and %4.1ws of sleep
<br />I err fund fagot and trey be foreclosed at the option of the said ASSOCIATION after fadwe for three tad said Bond:
<br />or to keep std comply with the agreements
<br />payments or be three months in arrears its uss&vB said ma+tltlY paYtsfetuts,
<br />Mocysenr to have a receiver appointed forthwith in such foreclosure proceedings.
<br />mod agrees
<br />if dust s any change r oweeFiduP of the red estate mortgaged herciw. by sale or otherwise, then the entire nsoaiaog mbeb"doeas Is
<br />Low Association Of Grand Idand,Nebraska.becovick sly due and payable without
<br />snained shall. at the option of T%e EqudAk Building and
<br />f now aesiae, and the aowwrt minis¢ der under sod frond, and any other bond for any addtiooai advances nude thereunder, shall, from the
<br />may then be io utdowd. to satisfy the armo"M due on sad
<br />One of exercise of mid option. ben interest a the rra gmaing irgal rate, and this motgpnge
<br />hod' bond for addilirral adwaaoes, tagethet with all sous paid by said The Egw,2ble Budding and Loan Association of Grand Ish�.
<br />chargas, with interest thereon. from date of payment At the mxgnum
<br />Mebrasks fat iwsusanor, taxes and aaseonrms", and abstracting extegeion
<br />rM.
<br />As prerided al the Bond secured hereby, whole thus mortgage remoras in effect the trtortgager may hereafter advance additional stone to rise
<br />stall be the sectuity of this mortgage the same as the funds otiginslpy
<br />males of sod Bowl. tires aangts or serecorsgrs al interns, which sum within
<br />secured thereby, tine total amount o(� debt not 11) ex exceed any time the arigirrt! amount of this roortgagr.
<br />/�� of A. D -, 19 66
<br />now this ii 71GST �
<br />4 �T
<br />Avi�
<br />is J
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<br />STATE OF p f6sRASICA. $ On this 14 day of Q 19 86 before ate.
<br />(XXMW OF HALL the undersigned, a !sonny Public in and for said County, ia:rautra{tY want
<br />Theodore Avila and Ofilia Avila, each in his am her own right and was. spouse o£ a kaownto
<br />are
<br />other, and t le severally
<br />mr to he the 1iel M S whose rare is are affixed par iht atxrvr tarsi unreal as mor2 orS Y
<br />aiisn. site said awarurar�t air for t,'t07S _ "" fit* ;,
<br />tJStnd
<br />41 ftil',s rtry
<br />rtilQlK
<br />W min 4k,
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