|
L
<br />MORTGAGE
<br />85-- 00 -2860
<br />1 MORTGAGE LOAN No.
<br />KNOW ALL MEN BY THESE PRESENTS: That Glenn M. Blake and LYnda E. Blake, each in his and
<br />her awn right and as spouse of each other, Mortgagor, whether ate or toe,
<br />Sj Y Qar►r� Cc,.,e Htaidrr -.r� Or1E rw4 of �e
<br />loaned to saw mortgagor by The Equitable Building and Loan Association of Grand Islatnd, Nebras k, M IMM of
<br />Mid ASSOCIATION, Certificate No. L HI -804 (FHA) , do hereby SO 67 dwa Of NO& Of
<br />described real estate, situated in Hall County, Nebraska: y °t' convey and ttwrtgttge unto the said ASSOCIATION the f onowft
<br />LOt One (1) in Block Four (4) , Town of
<br />Cairo, Hall GcruntY, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor Dove
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water ui ment and' aI! wtndaw mss'
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. thereto
<br />Pumps, stores,
<br />And whereas the said mortgagor has agreed and does hereby
<br />assessed upon said premises and upon this mortgage and the bon sseecue that the d thereby befooreothe� same sh ll become delinquent; to fiunid a�iov�
<br />insurance upon the buildings on said premises situated in the sum of pay taxes and assessments levied of
<br />ASSOCIATION the policies for said insurance; and not to commit or permit a0n 1wasOte on orpaayabl said � �OCIATION and to deliver to said
<br />In case of default in the y Premises;
<br />on demand, be entitled to immediate poasessicnt °ft the emortgaged conditions mixsand the mortgagor } hereby secured hereby, the mortgagee ,that]
<br />nwrtgagee all the rents, revenues and income to be derived from the mortgaged premises during such time ass the mortgage in and sets over a the
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing aid premises es tall rennng
<br />the same and collecting the rents, revenues and income, and it may pay out of said income all expenses of repairing said std ' necessary
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any, to [�ld6 said Premises and mete
<br />applied toward the discharge of said mortgage indebtedness; three rights of the mortgagee may be exercised at any time during the existence of such
<br />default, irrespective of any temporary waiver of the same.
<br />These Presents, however, are upon the Condition, That if the said Mort
<br />payment; pay monthly to said ASSOCIATION of the sums gar shall repay said loan on or before the maturity of said shares by
<br />the Twentieth day of each and every month, until said loan is specified the Bond secured heeby as interest and principal on said loan, on or before
<br />and the Bond secured thereby, before delinquency; furnish approved insurance1 upon taxes and assessments levied against said premises and on this Mortgage
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all money it the buildings thereon in the elan of $ i 7 ranee payable
<br />the maximum legal rate thereon from date of payrnent all of which Mort y y �ld for such taxes, assessments and insurance with interest at
<br />with all the agreements and conditions of the Bond for j Mortgagor hereby agrees to pay; permit no waste on said pre ;keep and comply
<br />with all the requirements of the Constitution and B l awe, 70� . 40 this day given by t,te said Mortgagor to said ASSOCIATION and comply
<br />shall retrain in full force and may be foreclosed at the option Of ASSOCIATION;
<br />id ASSOCIATION after failure for three months to snake any of said
<br />presents shall become null and void, otherwise they
<br />and Mortgagor agrees too have a in
<br />receiver arrears making said monthly payments, or to keep and comply with the agreements and conditions of said Bond;
<br />appointed forthwith in such foreclosure proceedings.
<br />If there is any change in ownership of the real estate mortgaged sale Or secured slap, at the option of The Equitable Building and Loan A ihattion of( rand Island, Nebras then ka, become e inn remaining indebtedness hereby
<br />ut
<br />further notice, and the amount remaining due under said bond, and any other bond for any additional ad immediately due and
<br />date of exercise he bo option, bear inteest at the maximum le vanes made thereurukr�idyiall, f om the all su sand any other bond for additional advances, t legal rate, and this mortgage may then be foreclosed to Satisfy the amount due on said
<br />Nebraska for insurance, taxes and assessments, and abstracting ng extension paid
<br />harges, with The Equitable
<br />it thereon, Building an L n Association of Grand Island,
<br />rate, payment at the
<br />maximum
<br />As proved n the Bond secured hereby, while this mortgage remains in effect the rrxtit
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within the security mortgagee this hereafter advance additional sums to the
<br />secured thereby, the total anx)t of principal debt not to exceed at any time the original amount of this mortgage. rte as the funds originally
<br />[dated this day of ��,�
<br />.!7 A. D., 19 85
<br />STATE; OF NEBRASKA, j � °f k
<br />COUNTY Oi) IiALI. )j On this day of
<br />before rte,
<br />G lenn M. Blake aW Lyrx: a L. Es 1<sk<? . each in his under undersigned, a Notary public in and for said County, Personalty c�rrte
<br />Other t, (All right ald gags u`E' c., �r�c to
<br />w o ate, persona lyjachn to
<br />the rat I Per eta whaler nar�tr be 'E' affixed to the shove iatstruntent as mc.�rt car ,, ,
<br />* iatAru rat t :, and t l>R:.y srverally
<br />i " t.kio 1 r rrrluntsry ac's and deed.
<br />3' td grad Notarial se -al tit, date^ af,rread 1
<br />e to
<br />""d �M. ale +lam 1'a�hlic
<br />
|