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'5-005650
<br />MORTGAGE
<br />MORTGAGE LOAN NO. xT_817 EHA
<br />KNOW ALL MEN BY THESE, PRESENTS: That Henry N. Aldana, Jr. and Lynda D. Aldana each in his
<br />and her own right and as spouse of each other, Mortgagor, whether one or more, in consideration of the aim of
<br />Six Thnteraror3 Fntr Htrltlrai Sis<teen; %nil 35
<br />land to said mortgagor by The Equitable Building and Loan Association of Grand ldxnd, Nebraska, Mort �'1JOLock o
<br />�. upon 64 sham of stock of
<br />said ASSOCIATION, Certificate No, L HI_817 FHA , do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br />described real estate, situated in Hall County, Nebraska:
<br />Lets One (1) and Two (2) , in Block Thirteen (13) ,
<br />in Clarksai's First Addition to Alda, Hall County,
<br />Nebraska
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attw.hed floor coverings, all window screens,
<br />window shades, blinds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessories thereto, pu,stoses,
<br />refrigerators, and other fixtures and equipment now or hereafter attached to or used in connection with said real estate. mps
<br />And whereas the said mortgagor has agreed end does hereby agree that the mortgagor shall and will pay all taxes and ounamou levied or
<br />assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent; to furnish approved
<br />insurance upon the buildings on said premises situated in the sum of $ 6 , 416.35 payable to said ASSOCIATION and to deliver to said
<br />ASSOCIATION the policies for said insurance: and not to commit or permit any waste on or about said premises;
<br />In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby, the mortgagee all".
<br />on demand, be entitled to immedtatc possession ref the mortgaged premises and the mortgagor hereby assigns, transfers and acts over to the
<br />mortgagee all the rents, revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness afraU tersria
<br />unpaid; and the mortgagee shall have the power to appoint any agent or agents it may desire for file purpose of repairing said premun and renting
<br />the same and coUacting the rents, revenues and income, and it may pay, ,;t of said income all expenses of re
<br />commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the a�lanee r Premises arnd necessary
<br />applied toward the discharge of said mortgage indehtedness; these rights of the rtarrt a Nag, if any, to be
<br />default, irrespective of any temporary waiver of the same. may exercised at any time during the existence of such
<br />These Presents, however, are upon the Condition, That it the said Mortgagor shall repay said Icon on or before the maturity of said shares by
<br />Payment; pay monthly to said ASSOCIATION of the sum specified in the Wind secured hereby as interest and principal on said loan, on m before
<br />the Twentieth day of each and every month, until said loan is fully paid: pay all taxes and assessments levied against said premises andon this Mortgage
<br />and the Bond secured thereby, t said ASSOCIATION; fcpay to said delinquency;
<br />WriON furnish pon approved irand all insurance ritthe
<br />paidufo such thereon , assessments the
<br />and insurance with interest at
<br />6 ,416 35 payable
<br />the maximum legal rate Iliereon from date of paymncnt all of which Mortgagor hereby agrees to pay; permit no waste on said premises: keep and comply
<br />with all the agreements and conditions of the Banco for S6 ,416.35 this day given by the said Mortgagor to said ASSOCIATION, and comply
<br />with all the requirements of the Constitution and BY-Laws of said ASSOCIATION; then these presents shall became nun and void. other they
<br />they
<br />shall vermin in full force and may arc CorccMscd at the option of the said ASSOCIATION after failure for three months to make say of said
<br />payments or be three ninths in arrears to making said nnoohly payments, or to keep and comply with the agreeeenls and conditions of said good
<br />and Mortgagor ag.:es fir have a receiver appointed forthwith in such foreclosure proceedings,
<br />secured
<br />If shall, at at the option of The Et uiiabletire
<br />Budding exilic
<br />nd Loan mortgaged
<br />Association of G rand Island. Nebraska, become Immediately rmediate a d hereby
<br />further notice, and lire amount remaining due under said bond, and any other bond for any additional advances made dteteunde pd ala, from the
<br />date of exercise of sold option, bear interest at the tnaxnmum legal role, and this mortgage may then be foreclosed to satisfy the amoual due on add
<br />bond, and any other bond for additional advances, together with all sums paid by said The Equitable Building sod Loan Aeoeiatioa of Grand IsWd,
<br />NallwAs for insurance, taxes and assessments, and abstracting extension charges, with interest thereon, from date of payment at the maximum
<br />kp! ale.
<br />mmkert f Yid• Bond, their assignssi(it rsuccessors in interests, which sums shallabe in with ho he secuit mortgagee this mortgage the Arne dt tofunWinepnape
<br />secured thereby, the total amount of principal debt not to exceed at any time the original aecurit of I th mogsgg.
<br />natea this 7th day of November A. D., 19 85
<br />i- - --------
<br />1��V fill
<br />. ,
<br />%TATS Op NEIRABkA, I
<br />C0111NTY OF IIALL YY On 11111 7th day of Nowvv&ber 1985 before me.
<br />the undersigned, a Notary Public in and for Yid County, peisnallycam
<br />Henry H. AJdana, Jr. and Lynda D. AYiana, each in his and her cwrt r.Lyht and its s '� of each
<br />t�tlrwi, whir iirt'' lw111`11 lag known lu
<br />nas to bo the Werilied person a whose name B aI•e, affixed to the above instrument sit nortgsgot S and
<br />tltL y xvetdly
<br />adimuwirigsd Clre rrairl tnalhtnrrnt to be tttrir vnluntarV act and deed.
<br />WITNEVS my hand and Notarial Seal ihr dsli xfro
<br />ovaid 1.
<br />My ( :'osrunivsnm ex sea I"
<br />rrrrsur at Votaty Public
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