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105527 MOVUW-E MORTGAGE LOAN NO. HI —W8 FRA KNM ALL MEN BY THESE TRESENTS: That Stephen Miranda and Cecilia Miranda, each in his and her oWn right and as spouse of each other, Mortmot, wkatiaraaea am, isiosisisituatisisiefdosanaf Fine Thnunand_ Tito /Y00 - - - -- -------------------------------------------------- _ —IKKIAXS aasied ia nit twatpwgo by The Egdtabk Bm'i n rr[d Lau[ Atsoeiatiat d creed lduW, Nebraska, Mort ftm. upm 50 shahs ref stud[ sit said ASSOCUTM. Certificate No. L HI -838 FHA , do hereby grant, convey and mortgage unto the said AssmA11oN the faBowiog described read estate. situated in Hal County. Nebraska: (i), in Block Twenty Nine (29) in the Original Town now City of Grand Island, Hall County, Nebraska. together with al the tenements, h ereditaments and appurtenances theretmto belonging, including attached floor coverings, all window screens, wiedovr sindet, blinds, slam windows, awnings, heatig, li comiltionirg, and plumbing and water equipment and accessories thereto,pumps,stoves, refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. Asid whereas the slid mortgagor has agreed and does hereby epee that the rmorigago shall and will pay all taxes and assessments levied or asesed upon said premises and upon this viaotgap and the bond secured thereby before the same shin become delinquent; to fwnnh approved insurance upon the buildings on said premises situated in the sum of S 5, 000.00 payable to said ASSOCIA71ON and to deliver to said ASSOCIATION the policies for said insrranm; and no to commit or permit any waste on or about said premises; to rase of default in the performance of any of the terms and conditions of this mortgage or the bond seared hereby, the mortgapee rid, OR demand, be entitled to a medatn possession of the mortgaged premises and the mortgagor hrteby assigns, transfers and sets ova to the n irippee all the rents, seventies mW incom : to be derived from the mwllned premises during such time as the mortgage indebtedness rid runni unpaid: and the montaagx shall have the power to appoint any agent a apenis it say deare for the purpose of repairing said premises red nesitintg the save and collecting the resits, revenues and income, and it trey sty out of said income all expenses of repairing said premises and necessary eommisions rend expenses nonmed in renting and managing the same and of collecting rentals therefrom; the links= remaining, if any, to be applied toward the discharge of said mortgage indebtedness; these rights of the [mortgagee may be exercised at any time during the existence of such default, irrespective of any temporary waiver of the same. Tbcw Ft is, however, are upon the Condition. That if the said Mortgagor shall repay said ban on or before the maturity of slid shuns by payment; pay monthly to said ASSOCIATION of the sum specified in tw Bond seared 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 aLzaments levied against said premises and on this Mortgrpe and the Bond secured thereby, before delinquency; furnish approved insunuice upon the buildings thereon in the sum of S5 t 000.00 pay" to raid ASSOCIATION; repay to said ASSOCIATION upon demand all money by it paid for such taxes, assessments and msuance with interest at the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no wage on said premises; keep and comply with all the apeensesits and conditions of the Bond for S 5, 000 00 this day given by the said Mortgagor to said ASSOCIATION, and comply with al the requirements of the Constitution and By -laws of said ASSOCIATION- then these presents slat become null and void, otherwise they shall remain in full fax and may be foreclosed a[ the option of the said ASSOCIATION after failure for three months to make any of aid payments or be three months in arrears in raking said moodily payments, or to keep and comply with the agreements and conditions of said Bad; and Mortgagor specs to have a receiver appointed forthwith in such foreclosure proceedings. If there is my champ: in ownership of the red estate mcwtgwd herein, by ale or otherwise. then the entire remaining indebtedness hereby secured shall, at the option of The Equitable Building sad Loam Association of Grand Island, Nebraska, become immediately due and without fi al er notice, and the amount rtmaini ng doe under said bond, and any other bond for any addAimai advances Bode themnader, shall, Rose the date of exercise of raid option, Isar interest at the maximum legal rate, and this mortgage tiny then be foreclosed to mtiify the sm n" due on aid bead,amd any other bond fo additional advances, together with all sums paid by raid The Equitable Building and Loan Association of Gasid Island, Nebraska for' taxes and aaeaments, and abstracting extension Barges, with interest thereon, from date of payment at the maximum kgd nee. As provided in the Bond secured hereby, whsle this mortgage remains in effect the mortg goe say hereafter advance additional sums to the ,oaken of said Bond, been assigns or successors in interest, which sums "I be within the security of this mortgage the same as the funds originally s ci red thereby, use total amount of principal debt not to exceed at any time the original amount of this mortgage. Alec this ' e *,h day of A. n., 19 86 STATE OF NEBRASKA, # s. (,n the Y: day of % ` F , , COUNTY 19 86 , before me, OF HALL. the underswneS. a Notary Public in and for said County, personally came Stephen Miranda and Cecilia Miranda, each in hio and her own r54Lt and as s�eu y known 10 of each other, are sae to be the identical PMNM wbose name g are affixed to the above snsuument as mortgagor s and they revesalty ocknowledpil the said instrument io be their voluntary act and deed. B the date aforead. .. ' t r -Era.d lc► �. r �- l ► fi .� .,...., Public 1 Tiesry h'