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105525 MORTGAGE LOAN NO. HI-837 FHA Ronald E. Maier, a single person, Mar Pow, srbelher one or mtxe, in oliniiaatian of the sit of FourThousand Two Hundred and no/ 100------------------ ----------- -------- -- --- - -- ioatd to add wor.so by The EP*" Balding and Last Association of Grand Idand, Nebraska, Mortip", upon 420 dom of M& of aid ASSOCIATION. Cartir ate No. L HI -837 FHA , do hereby grant, convey and mortgage unto the sad ASSOCIATION the fofowitig de caged red crane, :hinted in Iid( County, Neb raaha: The Southerly Forty Nine and Thirty Three HundredL'ns Feet (49.33) of Lot Four (4) in Block Seventy -Six (76), original town, now city of Grand Island, Hall County, Nebraska. togetba with all the milements, hemilitaments and appurtenances thereunto belonging including attached floor coverings, all window Screens window :lades, blinds. storm windows. awnings, heating, air conditio w ve ttitg, and plumbing and water equipment and accessories thereto, punmps,atos, refrigerators, and other fixtures and equipment now or hereaf ter attached to or used in connection with said real estate. And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or ancined upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved ierorance uponn the buildings on said premises situated in the sum of 5 4 200.00 payable to said ASSOCIATION and to deliver to said ASSOCIATION the policies for said itamance_ and not to commit or pernJ any waste on or about said premises; In rase 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 ttartpdee all the rents, revierues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain unpaid; and the mortpVc shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting the saint: and collecting the rents. revenues and income, and it tray lay out of said income all expenses of repairing said premises and necessary coaanfiariots and expenses incurred in renting and nanatigitng the same and of collecting rentals therefrom; the balance remaining, if my, to be toward the discharge of said mortgage indebtedness; these rcghts of the mortgagee may be exercised at any time during the existence of rich cult, irrespective of any temporary waiver of the mote. These Presents, however, are upon the Condition, That if the said Mortgagor shall repay said loan an or before the maturity of said shares 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 day of each and every month, until said loan is fully paid; pay all taxes and asvessments levied against said premises and on this Mortpile and the Bond soured thereby. before delinquency; furnish approved u wraoce upon the buildings thereon in the sum of S 4, 200.00 payable to said ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and insurance with interest at the maxLtwun legal tale thereon from date of paymrcnt all of which Mortgagor hereby agrees to pay; permit no wasteon said pri nises;keep and comply with all the agreements and conditions of the Bond for 5 4,200. 00 this day given by the said Mortgagor to said ASSOCIATION, sad Comply with all the requirements of the Constitution and Bydamws of said ASSOCIATION; then these presents shall become null and void, otherwise they :bald retrain in full force and may be foreclosed at the up-son of the said ASSOCIATION after failure for three months to make any of said payments or be three months in arrests in mating said monthly payments, or to keep and comply with the agreements and conditions of said Bond; amt Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. If there is any change in ownership of the real estate truw4pyled herein, by sale or otherwise, then the entire remaining indebtedness hereby secured shall, at the option of The Equitable Building and Loan Association of Grand Island, Nebraska, become immediately due and payable without forther notice, and the amount remaining due under said bond, and any other bond for any additional advances made thereunder, shall, from the dnt of exercise of said option. bar interest at the maximum kgal rate, and this mortgage nay then be forecloed to satisfy the amount due on said bookimil any other bond for additional advances, together with all scum paid by said The Equitable Building and Loan Association of Grand Island. Nebsata for insurance, taxes and asessmants, and abrractirg extension charges, with interest thereon, from date of payment at the maximum bpi tsft. As provided is the Bored secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the takers of said Bored, their assigns of saxx ssors in interest, which sums shall be within the security of this mortgage !M same as the funds originally secured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortgage, Dolled dhis 25th � day of September A. D., 19 86 STATE Of NiAMMKA, C'r;MiNTY OF HALL Honald E. Maier, a "Ingle person, day of September 19 66 , before me, the undetsigned, a Notary Public in and for said County, personally carte who 25 one to he she idrntteab permute wixrst Warne X5 affixed to the above instiament #s mortgagor all :sMrarlrsad tilt said infltlumleni iSe lot fli.9 voluntary act and deed. *II NNSx say hind and Notarial _14W the dart aforesaid. My £.'orrdcrs t r snot" wr LL personally known to and., tie severally .1 l