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MORTGAGE
<br />ALL MEN BY THESE PRESENTS: That
<br />MORTGAGE LOAN NO.
<br />KNOW
<br />Robert E• Usher and Lelia M. Usher, each in his and her
<br />awn right and as spouse of each other, and Robert E. Usher d/b /a City Bus Lines,
<br />Mortgagor, whether one or more, in considertution of the sum of
<br />XLMM
<br />boned to said mortgagor by The Equitable Building and Loan Association of Grand Island, Nebraska, Mortgagee,
<br />said ASSOCIATION, Certificate No. L 24 , 3 5 4 , do here °� 105 ahaarQa of rtock of
<br />described real estate, situated in Hall County, Nebraska: �' !pant, convey and rtmrtgage unto the said ASSOCIATION the fohlowing
<br />The North one half of Lot Eight (8) and all of Lot Seven (7) , Block
<br />Thirty-nine (39), Packer and Barris Second Addition to the City of
<br />Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditartents and appurtenances thereunto belonging, including attached floor cover
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories e'dOw fie'
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate thereto
<br />.lwt�, stoves,
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the saute shall become delinquent; to futnisu a
<br />insurance upon the buildings on said premises situated in the sum of $ teY all taxes and °� kvtrd or
<br />ASSOCIATION the policies for said insurance; and not to commit or perm�3ny00stoOn o boo �� mines;
<br />ASSOCIATION and to deliver two said
<br />In case of default in the performance of any of the terms and conditions of this retort
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mo mortgagor tfee bond secured hereby, the mortgagee stall,
<br />tmtortgagee all the rents, revenues and income to be derived from the mortgaged hereby assigns, he M tranafera and acts over to the
<br />unpaid; and the mortgagee shall have the power to a gaged remises ort such time as the mort gage indebtedness stall rennin
<br />the same and collecting the rents, revenues and incort and rtymaent or agents it may desire for the purpose of repairing said
<br />commissions and expenses incur•ed in renting and managing the same and expenses collecting (rentals th�ierefroof the balance remaining, �emea n renting
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mort Premises necessary
<br />cult, irrespective of an ten gdg g if any, to be a
<br />y temporary waiver of the same. gagee may be exercised at any time during the existence of such
<br />These Presents, however, are upon the Condition, That if the said Mortgagor shalt re by
<br />Payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby said asointerest and before Principal maturity of strict shares re
<br />the Twentieth day of each and every month, until said loan is fully paid; pay all taxes and assessments levied P °n eats • on M before s on and the Bond secured thereby, before delinquency; furnish approved insurance upon the buildings thereon in the sumnof 510, 00.00 u Mortgage g r at
<br />to said ASSOCIATION; repay to said ASSOCIATION upon demand all trxone b it
<br />the maximum legal rate thereon from date of payment all of which Mortgagor hereb pond for such taxes, asaessnents and insurance with intpayatbl
<br />y agrees to pay; permit no waste on said premises; k
<br />with all the agreements and conditions of the Bond for S IO, 500. 00 this day � and comply
<br />with all the requirements of the Constitution and By of said ASSOCIATION; then these Presents Mortgagor to null and void, others, they
<br />Bag said ASSOCIATION and
<br />stall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months to snake any of said
<br />Payments or be three months in arrears in making said monthly payments, or to keep and con
<br />and Mort r agrees to have a receiver appointed forthwith in such foreclosure PIY with the agreements and conditions of said Bond;
<br />If there is any change in °wocrahtip of the real estate wort Pr�u►gs.
<br />stag, at the option of The Equitable Building and Loan Ass"tion of by Island Nebraska, the entire lately d g indebtedness payable hereby
<br />further rice, and the amount remaining due under said bond, and any other bond for any additional advances from the
<br />date of exercise of said option, bear interest at the maximum payable without
<br />Nebraska any other boons for additional advances, together with all paid by said The �uyiitabk Budding to Satisfy the Nebraska for insurance, tastes and assessment- and abstracting cetera :ion charges, with interest thereon from date °f y amount due on said
<br />legal rate, sling and to o Association Payment of Grand Island,
<br />payttent at the maximum
<br />As Provided in the Bond secured hereby, while this rnorfgage remains in effect the mortgagee
<br />makers of said Bond, their assigns or successors in interest, which sums shall be within the security of this mortgage may hereafter advance additional sutras en the
<br />Wcured thereby, the total amount of principal debt not to exceed at any time the original amount of this mortg> the same as the funds originally
<br />ted this day of May
<br />,� Sf A. D., 19 88
<br />Us
<br />,M
<br />> J
<br />Leila M. UB r Robet ; Usher d ' a Cit B Lines
<br />SATE Of NEBRASKA, 1
<br />C(XINTY OF IIAt.I_ On (Iris 2rKj day of
<br />May !q 85 ,before rte,
<br />Robert E. Usher and Lelia � � the undersigned. a Notary Public in and for said County, personally came
<br />er M. Usher, each in his and ht -r own right ac� ass a of h
<br />Other Robert R. Usher ci /!, /�t/ City Ik.tS Jai.rtcMs
<br />to the ' .rat' 1 person who resrrrre m tl" ° personally n to
<br />affixed to the aM,ve irruntent ids noon ur �rC'
<br />wMIC the mid nirmu nt to he their voluntary act and deed. and t try severally
<br />WI`I'Nlt,M MY han4f and Notarial ceaj the dote afinclaid,
<br />My 011mins e,n ex.pues 1
<br />� IMlt�lt► �►1n � a .- ��� l�sslelo�
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