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<br />86 - i000?4
<br />MMW.,AGE LOAN NO. L -4044r,
<br />KNOW ALL MEN IKY711ESErRESENIS:71M Bcunleuth Phengthongsavath and Inthava Phengthcngsavath,
<br />each in his and her town right
<br />and as spouse of each other, Mogg"w, whether one or more, is eon" utim of the siss of
<br />tfi.e hen Thntvt:Aeir AW M/100 DOLLARS
<br />lamed go said .m a by The FANitabie Sold* and hunk Association of Grand Island. Nebraska, Mor1VW, upoe 120 shores of stock of
<br />aid ASSOCIATM, Catifmie No. L 24,445 do hereby gent, c covey and mortgage onto the said ASSOCIATION the following
<br />dewaiad' ad estate, situated in Hay County. Nebraska:
<br />Lot One (1) in Block Sixty Four (54) in Wheeler and
<br />Bennett's Second Addition to the City of Grand Island,
<br />Ha 11 County, Nebraska.
<br />together with all tic tenements, hereditamemts and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnmp, heating, air conditioning, and plumbing and water equipment and accessories thereto, pumps, stoves,
<br />w(rionaters, and other fixtures and equipment now or hereafter attached to or used In connection with said real estate_
<br />And whereas the said mon"or has agreed and does hereby agree that the mortgagor *0 and will pry all taxes and aneateots levied or
<br />seaed nptu aid Mum and upwt this fflw ge and the bond secured thereby before the same shall become delinquent: to furnish approved
<br />insurance upon the buMugs on said premises situated in the sum of S 12, 000.00 Pay" to said ASSOCIATION and to deliver to said
<br />ASSOCIA710N the policies for said insurance; and not to commit or permit any waste on or about said premises:
<br />In caw of default in the perfotuance of any of the terms and conditions of this mortgage or the bond teamed , the
<br />hereby, mortgagee sly,
<br />oe demand, be entitled to irmoediate possession of the mortgaged premises and the mortgagor hereby astigas, transfers and sets over to the
<br />ngttpp , all the rents, revenues and income to be derived from the rnortgaged premises during such time as the mortgage indebtedness shay tetmo
<br />tetpaid: and the sort pW shall have the power to appoint any apcni or agents it may desire for the ptupow of repairing said premises and renting
<br />the sate: and collecting the rants, revenues and Income, and it may pay out of said income all expenses of repairing aid premises and neeesry
<br />tomes000m and expenes incurred in renting and managing the same and of collecting rentals therefrom: the balance rrnriaing, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exercised at any time daring the existence of such
<br />default, irrespective of any temporary waives of the same.
<br />These Presents, however, are upon the Condition. That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br />payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said ban, on or before
<br />the Twentieth day of each and every month. until said loan is fully paid; pay ill taxes and assessments levied agaiml said Vienntiaes and on this Mortgage
<br />and the Bond seared thereby, before delinquency; furnish approved insurance upon the buildings thereon In the sum of S 12, 000.00 payable
<br />to said ASSOCIATION: repay to said ASSOCIATION upon demand all money by it paid for such taxes, anessments aed imoaanee with interest at
<br />the taaximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on said premix; keep and comply
<br />with all the ageemmis and enditions of the Rood for S 12, () 0.00 this day g� by the said Mortgagor to said ASSOCIATION, sod o�y
<br />with all the requoreateots of the Constitution and By4.aws of said ASSOCIATION- then these presents that' become mall and void, otherwise they
<br />ties ruses at fug face and may be foreclosed at the option of the said ASSOCIATION after false for three months to make any of said
<br />payanats or be three months in arrears in making said monthly payments. or to keep and comply with the agreements sad coeditioms of said Bond;
<br />and Mortgagor agree to have a receiver appointed forthwith in such foieclosum proceedings.
<br />If there is any change In ownership of the real estate mortgaged herein, by ask or otherwise, then the entire retuning indebtedness hereby
<br />eased shall, at the option of The Fgaitable Building and Loan Association of Grand Island. Nebraska. become numedolely due and payable without
<br />further notice. and the auoumt remaining due under said bond, and any other bond for any additional advances made thienwader, shay, froo the
<br />date of eaatiae laid option, hear littered at the maximum kph rate, and this mortgage my then be foreclosed to sstitfy the asnamt due on said
<br />houCtied my ode band for additional advances. together with all smut paid by said The Equitable Building and Low Association of Crud Island,
<br />Nebaata for isiraeee, tam and asesmerns. and abstracting extension charges, with fate" thereon, from date of paymen t at the taaxiaetm
<br />dept rule.
<br />As pnovidel in the Boxed senaued hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional am to the
<br />milms of toad Bond, their assignor successors it interest, which sums sha0 be within the security of this mon gage the same as the funds originally
<br />avenged thereby, the total of principal debt not to exceed at any time the original amount of this mortgage.
<br />Deed t dpy of r December A. n.. tV 85
<br />STATF. OF NEBRASKA, st. on thus 31st day of Decer ber 1985 before me.
<br />COONIY OF: HALL
<br />i3GAYt Youth Pete thD savath steel Inthava Phan ththe undmefpmed a Notary Public In and (of said Conmty, personayyaaue
<br />ix� ng g ongsavath each in tuy�a>an�e r °hstiotii�Yotrrh�i jo as
<br />f ach the
<br />-j— e o r,
<br />rte to be the ideatipl person g whom name S aM affixed to the ahem nnatrument as nwtrgagot S and they severally
<br />adreuwMiged tfne surd mstrmmfavnt t <r lre thej,r volunlary act and deed.
<br />t111T M-- trey hand sod Ncaarah "real the date sttwesaxi %
<br />My Cofornttwna expirva,4"', i,1; fr ;P. e 1
<br />"kMsow lim10 straos Smary Public
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