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85-003419 <br />MORTGAGE AAID C ISTiktCTICN SECURITY AGREEMMT <br />MORTGAGE LOAN NO. L 24,384 <br />KNOW ALL MEN BY THESE PRESENTS: That Henry N. Aldan, Jr. and Lynda D. Aldan, each in his <br />and her own right and as spouse of each other, M <br />nLKM Ei t Thousand and no /10^ OMM", whether lute or , m of WAR Of <br />Iased to irk ttenrtpppdr by Tlr Equitable btsddft and Low Association of Grand island. Nebraaka, Mm ttq�ae, uPttn 280 dries of stack of <br />aid ASSOCIATION, certificate No. L 24x384 do <br />dtaMAW � estate, situast in Hatt County, Nebraska: hrrebY gaatlt, convey and mtwrtp�e unto the said ASSOCIATKIN the fa'u",ft <br />Lots one (1) and Two (2), in Block Thirteen (13), <br />in Clarkson's First Addition to Alda, Hall County, <br />Nebraska <br />uteether with aff the tenenwr t„ frereditarrents and appurtenances thereunto belonging, including attached floor covenrtgs, all window screens, <br />window shades, blinds, storm windows, awntnp, heating, an condmoning, and plumbing and water equipment and wXesta ries tfsreto,p,ur�ra,sam,v�, <br />nBer "Ofs, and other fixtures and egtrgntent now or hereafter attached to or used in comtection with amid real estate. <br />And vvhatsus the rnextppagtir tae sgmeed and dues hereby agree that tare rtwrtpagpgor shall and will pay all taxes std »rata levied m <br />mtmett upon Prctaiaw and upon this ttnortc and tttt homl secured tfrreby betire tie satire stuff te"trmme delinquent: to fwtide approved <br />ASSOC A{ Tl(Nh the bodda"py tan tad premaes almanac in tare sum of S 28, 000.00 payable to said ASSOLIATIUN and to deliver w said <br />ptdicica fm and ; and nut to etimmie or permit any waste on ut about sad Prentiss; <br />In trac Of dcfadt a is perf any ut fre tettrs itims of hiss the aonued IterebY, air saontppspse, <br />on demand, be entitled au imdof tine nni rlpa d premaes and the rp� s hereby tzaaisfcts anal eels arm to t!r <br />mortpp�ee aFt the rento derived from the morted promises dw stdr late as the <br />unpaid; and the tmirtpggqee afnll (rave ate power to apptrau any art or setts ii may tk�e tin the � real <br />ate mmmrr ns and cxi� the rents, d in renting ind managing mad a in"POW of repaumg ii P and salecaftry <br />and expemrrs incurred a rent and nay pay tint of and in"u"re an expesaes of repaira� said plashes � <br />the saute and of adlecting rentals therefrom: tar hi► M , U any, to be <br />map toward the dixfiat� Of s� nant�pe intkbtedru�: ttteae rights of tt€e ran <br />irrespective of any temporary waiver of the same. 4MW may be cluncised at any time dew the exit of such <br />These Presents, however, are upon the Condition. That if the said Mortor shall repay said ills" tan or before the maturity of wd shares by <br />Payment; Pay mtmthly to Said ASSOCIATION of the sum Splecefrd in the Mond secured hereby as interest and principal on said loran, on m before <br />t Twentieth day of cads and every mirth, until said ban is fully pail; pry all taxes and assessments levied <br />aced the Bond secured thereby. before del aP nsl sad Primmuss and an ties M-vw <br />to saki rotten ")`: fu wh approved inswan= upam the b <br />ASSOCIATfOtei: repay to said ASSOCIATION upon demand all money by it pad fly t m the arm of S 28, 000. w payable <br />air "aximund IM t rate dram from date of payment all of which Mortpar, hereby �rccs to pay; permit ixr waste on said msutanc, rvrt3n �to"ed at <br />with at! the moments and rxmdi lens of the Bond for S 28 r 000.. 00 this day and w+�!' <br />with c the is of the Ctratitutiar ad It .Laws of said Y given t the said MW41011m to and ASSOCIATION, and txrpply <br />Y ASSO('IATION; then thew prcumts salt become pall and void, o�mize <br />ttsaria in fug hwc� and May he firedaaad at tie optim of t� fait ASSOCIATION after failure lot thrice mouths to hake easy of and <br />ad MurspEgot we "!s m be three maths m afrprs in making said murrudy Payments, en to k ad tx <br />Agrees to tow a receiver appointed forthwith id such fomackm m pr 'nrPly with the aP=Nwnts and conditions of said hand; <br />sacand if then" b any cue a ows,� of the real male mtrtipoed hires", by tam or otheawue, drat the ontme <br />mil, at the Option of Tne Equitable building and Loan AwOcatsd of (.land Island. Nebraska. because smandwittly due fwtbm ��, the amount mmmlu* des ides bias, and any tether bond for an payable <br />dear Of extras of ad optuat, beer interest as the y aotdairai advances t <br />bond, and <br />any "ties bold for ltnanal reexhat w test ante, and nibs mmrtPW nay t}ran be foraaMraad to wti y the aanm due an said <br />fir . , faults toppcttac with tt s"w peed es aid The Fgwtatra B Loan of Grind lsiaad, <br />k/tt rate. K, and slratact ca :tenuem dams, with atertss thereon, from date of <br />patytaem at the maximum <br />As preptnijudi natifers as the NOW located hereby, while this mo spipt, remains in effect the <br />id >nd' , tea or s "man's m interest, which state shall be within the security of t hereafter the w� to e <br />the annind of pr i tcrl inn air exams at an time he or' amts a the fund <br />Y dpfitah amount of this sa <br />D"ad ortBaEc. onfixtaily <br />i <br />17th day of July A. 11'. 1985 <br />" <br />Al <br />r _. <br />RIATk (M' A, <br />t'(RINI Y of HAfA in On this 17 th day of July <br />befor ant, <br />tom' IlUdeTagned, a Notary Pubhe en and Her ad County. pars <br />Henry N. Al , Jr. and l.yrtda D. t'iJdaria, each it F,i ar ?� 'tntir Ctwr. '�Ytamc <br />eact, other r. t <3nd as s cif. <br />ar nr be the i w` 9.•r' P'a y' itatrwn tar <br />perms wf ° "arm, f an - af£om, W thr ajM,,W "Or r.." a mar re =. .. <br />f rte€ to ter L.ti -.1.2" rrNuur and t!le y <br />any a"t and dd <br />WITE*" t rna hmW —1 Non rrsi !smi tau dsU, alf,matud <br />E*MMM or F4 <br />s <br />E4ip�k9 "� F <br />*}- ®satu_._.a. Pirt€ll, UP <br />MI <br />M <br />