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MMTGACF 86----102770
<br />-W)RT .AGF LOAN NO.
<br />t
<br />KNOW ALL. MIN BY IWESE PRfSEN'TS: That Robin R. Harder anti Debra S. Harder, each in his and
<br />bar own right and as spouse of each other, Mortgagor, whether one or neon, in cosnidenition of the tams of
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<br />_. RS
<br />lamed °to said miwtypx by The fAltutaMe Building ami t Gran Association of Grams Island, Nebraska, Mortnoe. upon 60 shares of stock of
<br />staid ASSOCIATION, Certificate No. I- HI -833 FHA , do hereby grant, c:k)mrry and tnartgalge unto the said ASSOCIATION the following
<br />detresibad real estate, situated in Ilan County, Nebraska:
<br />Lot `Itaenty (20 ), westw)cd Park Subdividion
<br />Hall Caunty, Nebraska
<br />together with ati the tenements. hereditamenir and appurtenanetx thereunto lwrkinging, including attached floor coverings, all window screens.
<br />window shacks, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />refrgycraters, and other fixtures and equiptnent rwiwv or hereafter attached to or used in coonc!ct.ion with saki real estate.
<br />R zOe And whereas the said mortgagor has agreed and doses hereby agree that then tt?gagc)r shad and will pay aU taxes and assessments levied or A
<br />assessed upon said premises and upon this mortgage and the birnd wcu :red thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the huiWins on said premises situated in the slim of S 6, 000.00 payable to said ASS M IATION and to dehver to said
<br />AS.SOCIA TION the policies for said insurance; and not to tommil or pettnit any waste on In about said premises:
<br />In cause of default in the performance of any of the terms and condiliimns of this mortgage or the bond secured hereby, the mortgagee shall,
<br />on demstnl, be entitled to immediate pkmession of the mottgaged premdes and the mortgagor hereby assigns, transfcrs and sets over to the
<br />mortgagee all the rents, rewnues and inerisme to he derived from the rtxwrtgared premises during uirh time as the mortgage indebtedness stall remain
<br />unpaid; and the Irw4 pe shall haws the power to iippoint any agent or Writs it rimy desire for the purpose of repairing said premises and renting
<br />the same and colkt'ting the rents, reveaties grid into -01M. and it may pay out of said incutne All expenses of rquiritil; said premises and necessary
<br />moons and expe_rises awwred in renting and nunogrrig the sanw and of collectitIt rentals therefrom; the balance remaining, if any, to be `
<br />applied toward the discharge of said nioripp indebtedness, these rights of tltc rnof Igagee may be excrosed at any time during the existence of such ;
<br />default, irrespective of any tengKmary waiver of the %ante -
<br />These Presents, however, we uputt the Condition. `flat it the said MongWr shall repay xatd loan on or before the maturity of said stares by
<br />payment, pay rrwnthly to %slid ASSMIATIUS of rtic sum specified in the Bean <l secured hereby as interest and ptincipal on said loan, on or before
<br />the Twentwth day of each avid every month, until said loan is fully paid; pay all taxes and assessments levied against said premises sod on this Mort e
<br />and the liotitl secured thcrrby, before &1inqucticy. furnish approved insurance uptat the buildings thereon in the sum of S 6,000.00 payable
<br />to said AS' WIATIC)N. repay to said ASSOCIATION upon demand all mcxtev by it paid for such taxes, aswwnents and insurance with interest at
<br />the maximum legal rate thelcon from date of payinent all of which Mortgagot hereby agrrex to pay; permit no waste on said premises, keep and comply
<br />with all the agreements and conditions of the Bond for $ 6, OOG.00 this tkay liven by the said Mortgagor to sod AS;S(x;IATION, arts comply
<br />with all the requirements of the Constitution and lly -Laws of said ASSfX:IATION, then these presents shall become null and void, otherwise they
<br />shall remain in full force and inay be foteckneit at the option of the said ASM-X lATION after tailtue for three months to matte any of said
<br />payments or be three months in arrears to makutg said monthly payments, cu to keep and comply with the agreements and conditions of said .Bond;
<br />and Mortgagor agrees to have a receivrr appointed forthwith in srrc:h fcirecknuie Inca -cc ittgs.
<br />If there is any Change in ownership of the real estate mortgaged herein, by sak or otherwise, then the entire remaining indebtedness hereby
<br />secured "N, at the optkm of The Uquitable Building and Loan Association of Grand Island. Nebraska, become immediately due and payable without
<br />fiarllwtr notice, and the amount amain mg due under xaid bond, acrd any other boad for any additional advances made thereunder, stall. from the
<br />dMC of cxcrcWe of stud option, bear intetesi at rite niaximuin kegai rate, and this ndxtgaige may then be foreclosed to sitird'y the amount due on snit!
<br />btrad,and any othet bond for additional advamzs, to pethei with all sums paid by said The Lquitable Building and Loan Association of Graad Wand.
<br />Nvbf=kes for insurance, taxes arts is, and atMI&ctuig extension charges, with interest thereon, from date of payment at the maximum
<br />legal rate.
<br />As provided in the Nmvd securest hereby, white this inottgagr rernains in effect the nxrrtgagee may hereafter advance additional sums to the
<br />masters of Mail bmwa thrir .assigas or succesamf% sit ulterest, which %urns shall he wit hiii the security of this mortgage the saute as the funds originalb,
<br />secured tktemby, the, total amount +f principal debt nest to exceed at any bete the original amount of this mortgage.
<br />tlw Z <1q of !Itiy A- D., 19 86
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<br />!iT`AT Y OF NVIM AS KA .
<br />C(R -NTy tW IMA. w. 041 this 4s ti��dty of tziV I�► 86 , betvre me,
<br />the U,040 1191'W4, a Notary Public ut aril for said Ct +tufty, prrsonallyCan*
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