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85- 008278
<br />MORTGAGE
<br />MORTGAGE LOAN NO. L 24 e 377
<br />KNOW ALL MEN BY THESE PRESENTS. That Nickie J. Kai los and Rosie Kai 106, each in his and her
<br />as
<br />other,
<br />MortgaMor, whether one or More, in oonnidmNion of the sem of
<br />huseed to said rnodMor by The Equitable Big tad loan Association of Grad 11hmd, Nebraska, Morti W, upon 150 shasa of slodk of
<br />UM ASSOCIATION. Certificate No. L 24, 377 do hereby !rant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County. Nebraska_
<br />Lot Five (5), Block Thirteen (13) in Arnold and Abbott's
<br />Addition to the city of Grand Island, Hall County, Nebraska.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all wow
<br />window Aoki, blinds, Norm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, Puarps.stowx.
<br />rgherators, and other for and equipment now o hereafter attached to or used in connection with said real estate.
<br />assessed And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and w� pry all taxes and aep�ts levied or
<br />said Premises Ned Upon this mortgage and the bond secured thereby before the same shall become delinquent; to famish approved
<br />ASSO 7I tth�e buUdivMs OR said Premises situated in the sum of S 15, 000.00 payable to said ASSOCIATION and to deiim so aid
<br />policies for aid insurance: and not to commit or permit any waste on or about said premises;
<br />In cue of defatdt in the pedornrnce of any of the terms and conditions of this mortgage or the bond secured
<br />on demand, be entitled to immediate possession of the mortgaged Premises and the Mort hereby. the �ta/as "
<br />mortgagee the rents, revenues and income to be derived from the mortgaged premises d 6> hereby_ transfers and sets over to the
<br />unpaid; and the motgsgee 2W have the power to appoint anagent or s wcin time u the "1Ortr� indebtedness; prom and renting
<br />the sane and collecting the rents, revenues and income, and it may pay out not it income all rexpen roP�M� std P and ��
<br />and expenses incurred in renting and msnag"g the same and of Collecting rentals therefrom; P and Y
<br />noosed towed the disd�ige of said mortgage indebtednea; these rights of the mortgagee may be exereisod at as time ��, to be
<br />deiauk, "respective of any temporary waiver of the same. y � the existence of such
<br />These Presents. however, we upon the Condition, That if the aid Mortgagor shalt repay said ban ono before the urttrily of said shaves by
<br />Payment; pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said ben, on or before
<br />the Twentieth day of each and every month, until said ban is fully paid • pay all taxes and assessments levied
<br />and the Bond Waited thereby, before delinquency: furnish approved insurance a�nN said preMisea and on this Mortpge
<br />to said ASSOCIATION; repay to said ASSOCIATION upon buildings thereon in the wet of $15,000. 00 payable
<br />upon demand all money by it paid for such tsxea, saemrenu and insurance with invest at
<br />the maxim Iepl rate thereon from date of payment all of which Mortgagor hereby agrees to pay; permit no waste on aid Wousian;keep and comply
<br />with all the agreements and conditions of the Bow for f 15 ,000.00 this day given b the said M
<br />with 99 the rapriremems of the Constitution and By -I S 5 said - 00 this day given by the orb to aid ASSOCIATION, and comply
<br />std eeaa"t M full fora and may be foreclosed at the non of the said Puts slap become nub and void, make any otherwise that,
<br />Option ASSOCIATION after failure for throe months to make soy of ,yid
<br />PWAMOs or be three months asul Mees�gor agrees have a mreaiver appointed ad monthly Payments, or to keep and comply with the agreements gad conditions of said Bond
<br />ppointed forthwith m such forecbwne proceedings.
<br />If there is any Change in ownership of the sal sum mortgaged herein, by oak or otherwise, than floe entire �
<br />s si all. at 1110 optioe of The Equitable Building and I_ Aucenhunt of Grand Issad, Nebrsakthen do wag IAdsbtsdweaa
<br />fwlbn aches, sad On rema6wng due under said bad, and eery other "toad nor any tddk , be advances = hedifi dth andnd pay" without
<br />cats of exereiae of aid ban interest at the a kyd nft an that enatgye yrY "bah be fasdoad w . fmm the
<br />any odor for additional Int kwmmw, taxes and ads. t bar with *U awaa paid by said The Equitable Brag and Lo satisfy,
<br />of (.raisd
<br />11011 =ft. araamerhts, and tag extension with dhlaost Ueroon, from d of payaens st the mrxiu mp
<br />As psovided Y Use Bond sexaaM hereby, while this mortgaga romaine m effect the aw"lagee coy hematler advance
<br />makers o „' Bond, their asaipvs o successors in interest, which Rum shall be within the security of the �klORv to the
<br />•1Crr0d t11aeby, the t amoant of debt not to exceed at any time the origing anpunt of This mortgage the a the finds origiroily
<br />�y June A. n., 19 85
<br />._.!
<br />AV at
<br />STAT@ OF
<br />COLFNTY BOF HALL I r. On this 27th day of June:
<br />19 85 , before me,
<br />the undersigned. a Notary Public in and for said County, personally Came
<br />Wickis J . Kai log mitt Rosie Kai I cs, each in his an�i her can right atVoa spouse
<br />other, voum to
<br />an to be the identical parson a wfnrsa nsma a its affixed to the above instrument as )tioregago, a and ttj save
<br />acknowledged
<br />Use mid inmurant to be thtlir voluntary act and deed. „�Y �
<br />WtTNPAS my herd and Noatial heal the date Aforesaid,
<br />My C M expires
<br />kLKAM
<br />rill
<br />ft so Ir M
<br />R
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