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MORTGAGIi 002341
<br />MORTGAGE LOAN NO. _ HI -800 FHA
<br />KNOW ALL MEN BY THESE PRESENTS: That Darwin L. MOrhain and Shirley R. Morhain, each in his and
<br />her own right and as spouse of each other, mortgagor, whether one or afore, in consideration of the sum of
<br />Four Tinusand Eight FI�ndred Eighty_44X nisei 49/k 0 U ARs
<br />loammicid to stud ~fnur by The Equitable Budding and Loan Association of Grand Island, Nebraska. Mortgagee, uPon 48 sun of sttodc of
<br />said ASSWIATIfNV, Certificate Na. L HI -800 FHA , do hereby grant, cctrNCy, and Mortgage unto tie sakil ASSOCIATION the following
<br />described
<br />real estate, situated in hall County, Nebraska:
<br />All of Lot Eight (8), except the South Farr (4)
<br />Feet of the East Ninety (90) Feet of Geer's Sub-
<br />division of Lots Six (6) , Seven (7) and Eight
<br />(8) of Garrett's Subdivision of Part of the East
<br />One Half of the Northeast Quarter (E'g�) of
<br />Section Nine (9), Township Eleven (11) North,
<br />Range Nina: (9) , West of the 6th P.M., Hall County,
<br />Nebraska.
<br />together with all the fencnwnts. Ieredilarmills and appurtenances ihcieunto liclonvmg, including attached floor coverings, all window screens,
<br />WiDdow s, blinds, siotm wtaulows, awnings, healing, air conditiontng,and plumbing and water equipntcnt nits aceeirfories thereto.purnpis,stoves,
<br />refs Tits. and othet fsxtures and egoiprrenf now of hereafter attached in or used in connection with said real estate.
<br />And whereas the said tnragagut has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assciannuits levied or
<br />macamed upim sand premtw% and upon this mortgage and llte bond secured thereby before tie same shall bccone delinquent: to furnish approved
<br />assurance upon the hushilings on said premises %trusted in the sum of b 4, 886.40 Payable to said A.VO('f ATION and to deliver to said
<br />ASSOCIATION the policies for scud insurance: And not it) commit nr permit any wastc on or about said prcrnt a:
<br />In caw It default in tie perharmance of any of kite terins and anallmons of this nxsrtgage air tie Imnd accrued hercbv, the mortgagee styli,
<br />on demarrill, he entitled to immediate pcviasession of the rmirigaged premises and the rnotgaffm hereby assigns, transefs and was river to the
<br />naturtgagice all the tents, revenues and incoare io be detived front the mortgaged premises during such iliac as the nacirtgailic todcbtedness awl remin
<br />unpaid; and the rtaotgagee -bull have the power to appOtmt any agent or agents ti ntav desire for the purpose of repairing said premixes and renting
<br />the •.acre and collecting the rents, revenm -%and incorne,And it may pay out of sand rncurne, all expenses of relraiting said premises and necessary
<br />caxn. sees and expenses uuurred in lcntmR ;tnd managing the sands and of colfecling, remiss therefrom. the balance rernatnut, if any, to be
<br />alliphed lowaid the 1111Charge of :ail nuarigage indeheedne-ss, ibex rights of the rmnigaRes may he exercised at any late dung the existence of stash
<br />default, orespective of any fenspaxaiv waiver of the samc
<br />Thee Presents, Ix)wcver, sae upon lite Vinu itum. That of file said Mortgagor diall repay sand talan on of before the nmturity tit said shares by
<br />payment. pay arxrrfthly to u.i ASSWI A ION of tic• •.urn - .pecified in the Mond aecueed hereby is interest and principal ern said loan, on or before
<br />the Twenteth day sin each Anti every oK,nih, untrf ,std loan is fully paid. Pay all taxes and Assessnxns levied against said premises an don flits Mortgage
<br />arid the Bond tatiuied ;berehti, Ivitm: ,Iclinqucllce . turmah Approved insurance ulx,n the puddings therein in the sum of 5 4,866. 40 payable
<br />to ASS(WIATION. rcpay to wind ASS(K'1,1'1'1(t"d uprn demmnd all nn ney by It Paid ton such taxes, a is and insurance with interest at
<br />the tissxamutn Irgai rate tf eee<m :non date of naymmnr all of witch Mortgapno her
<br />rhy agrees to pay: permit itu wasteon said premises keep andcomply
<br />with all the 4grote tent%and ctutthtwns of the Ih+rn,a for 5 4, 886.40 than day given by Site nerd Mrrlgagur to said ASSOCIATION, and tom ptly
<br />With died add life iequitti tints of the ('onstatuttaot and f1v4.aws of said A&%O(*lA [ION; then thesi presents shall becorm null and void, otherwise they
<br />mroamir to full force and army he rime ftmd :49 life opinin tit the said A.SSMIAIFION after failure fix ehrcc nxinths to intake any of said
<br />€rents of le three• immths oat arieaxs in making said numifly payineilts, or to beep and cornphy with the wricnicnts and conditions of said Aond:
<br />And moftiplatior agrees it, hiave A te,erve•i .cphaaortled lofthwith an such fircthtsure praNCCduigs.
<br />It their fs any rhaa in owricr%hipM the teal estatc 11101`11929cd heiein, by sale or othciwase, then the entire reassuring Indebtedness hereby
<br />isiciarrid , at the opt m u& 'Me i'ditslable Mudding and Loan Asraxsatsun of (;tatab Island, Nebraska,hemne imnediatciy die and payable without
<br />Ical r "ItAxe, and the :ummito reatmirang due under rah hxrnd, and anv kMwi Ix)nd too any additional advances runts thereunder. shoo, from the
<br />)d e%,"Clar rA sarmd oplomi, hear infirmll At the rrraxtMUM legal rate..anah this nutrIgurfer otay then be foreclosed to satisfy the arnount duc on mW
<br />t* arty'Ahel N"id for addirlimal advartcev, tam lher will' all suim Vend by said The I"qultable Budding and Loan Association ut(;rani I d,
<br />Nalismadra ter nice. lazes and asse ntrrtts, afid :it xrra ttrtg exeensrain charger, will) interest thercon, tr)mf date of paytTent at the itmatmum
<br />Islaid are.
<br />.Aa pio vullml us the flood se,,-urcyl lefchy, ,,white ihas amigatse remains of <gteLi Tie laaarrAtte, omY fercattcr advancc oddrtmnal sums to rite
<br />rimaker% 4 - iafei, ftwu a s,.r aiaccrnaens at mierent, whKh surns shahs t>e uuhur the security of this mori the, fix, %.sole as life funds olig rally
<br />f4401ehy, Iruutftal debt nil to excmd at any mrie The. rginal orioulif of this nwxtgaire.
<br />Dias the 10th fay It May � ft . I °> ti`s
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