1 L WA "flTGAAE
<br />KNOW ALL MEN BY TffEsF PRESENTS
<br />86 -104139
<br />THAT Kenneth. A. Skarniak & g tr
<br />k " ne Skarniak (husband & wife)
<br />of 104 FTest 16th, Grand Island,, .. NE 68801 Mortgagors herein do morop and coorM
<br />to Allied Energy Products. Inc. of 1500 E Army Post Rd., Des Moines, IA
<br />r _ 503 0
<br />Mwtgapec, to secure payment. of a, certain Home Improvement Retail Installment Sale Agreement (hereinafter called Agreement) executed by the
<br />Mortgagors bearing even date herewith and payable to the Mortgagee in the amount of Five thousand nine hundred nine and
<br />rn 1100 Dollars ($ 5909.00 ) as evidenced by and payable
<br />under the terms of the said Agreement, the following described premises situated in Hall County„ Nebraska, to wit:
<br />(Legal Description)
<br />Lot 10, Block 88, Wheeler and Bennett's Fourth Addition to Grand Island, Hall County,
<br />Nebraska.
<br />alkla 104 West 16th St., Grand Island, NE 68801
<br />(Street) (City) (State) (Lip)
<br />That the intention herein is to convey hereby an absolute title in lee simple including all the rights of homestead and dower, to the said Mortgagee, its
<br />successors and assigns. That the said Mortgagors represent to and covenant with the Mortgagee that they have the right to sell and convey the said premises
<br />and that they will warrant and defend the said premises against the lawful claims of all persons.
<br />That the Mortgagors do hereby release all rights of homestead and dower and all rights of distributive share and other rights in and to said premises. That
<br />V ,
<br />these presents are upon the expressed condition that if the said Mortgagors, their heirs, successors or assigns shall pay or cause to be paid to the Mortgagee, its
<br />;_ '•
<br />heirs. successors or assigns the amount specified above according to the tenor and effect of the said Agreement of the said Mortgagors, then these presents
<br />would be void, otherwise to be and remain in full force and effect This mortgage shall stand as security for said Agreement and for any and all future advances
<br />made by the Mortgagee to the Mortgagors
<br />That the Mortgagors further agree that they will pay all taxes and assessments levied against said real estate before the same become delinquent and will
<br />keep the buildings on said premises in good state of repair and fully covered with an insurance policy showing any loss payable to the parties as interests may
<br />appear. and will make the payments promptly as herein agreed as the same become due and that failure to do so shall give the Mortgagee the right to declare the
<br />whole sum. less unearned charges, due and payable at once and to foreclose upon the property and in that event a reasonable amount shall be paid by the
<br />Mortgagors as attorney fees and the costs of foreclosing
<br />That the Mortgagors further agree that they will pay all taxes levied upoh this mortgage or the debt secured thereby, together with any other taxes or
<br />assessments which may be levied under the laws of Nebraska against the said Mortgagee or the legal holder of. the said Agreement on account of this
<br />indebtedness
<br />In the event that the Mortgagors shall fail to keep and perform any covenants herein contained, the holder hereof shall have the option to declare the whole of
<br />said indebtedness. less unearned charges. due and payable at any time after such failure or default, and may maintain an action at law or equity to recover the
<br />same, and the commencement of such action ! ;hail be the only notice of the exercise of said option required.
<br />IN TESTIMONY WHEREOF Kenneth A. Skarniak & Catherine Skarniak
<br />. hereunto
<br />,. set .,the! hand this — llth - ---.- day of ,- -- JUI' le t9 _.86_ - - - ---
<br />f
<br />s
<br />��A �jt
<br />STATE OF N troth•
<br />5
<br />County if n°.1 —
<br />(la;thi5 11th .3une - 1986 t1+,InrN o
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<br />... _ __. _Coy rl __ _.____ -___. •: t� j No %wi i'4bhc ❑1 and ipr this SJ d l a,•niy N) I S>r`aily (a;ne the above mined
<br />Kenneth A. Skarniak & Catherine Skarniak (husband & wife)
<br />- - -- _ - - - - -
<br />-
<br />LwhU �e ,•(r 501 a -ly known i(1 TN in he h, ,1e•i?1;, 11 t1?r 'l whose name �'- _� E` d9hxed in I'1e above. •.,1Ur ent d ,i904!i _
<br />and wh, alknc,��, ,:... .a,:: : !i. ttlE:It�.i,
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