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<br />REAL ESTATE MORTGAG834 -t i U t t 4 8
<br />q-L :NUESTi"EN?~ ~ (YITTEu PART"JtnSHiP
<br />of the t:ouaty of HAi • and StaW of '~1i RRASKA h eiaafter called the
<br />er party of the first part, in
<br />consideration of OPJE iEtJNQREQ THQUSAND ~NQ ND/1Q0--------
<br />----------------------------
<br />- DOLLARS.
<br />is hand paid, do hereby grant, bargain, sell and convey unto the Home Federal Savings & Loan Association of Grand Island,
<br />Grand Island, Nebraska, and its successors and assigns, the fallowing real estate, situated i~ H4LL
<br />CotmtY. State of ~VF 5RA5w f~ ~. towiY
<br />iNE EPST (]PEE-r-iALf (E§} C~ ~iJTS ~tdD 't'i AND ~OtJR (41, iN BLQCK ELEVEN i11), CQLLEGE
<br />ADplTiDN fu ;JEST ~+~w'iU, -.. :itE .., . .~, ~Rs~NO .SLr;PJD, Ni;LL LDiiNTY, PJEBR~SKA.
<br />Together with all the appurtenances thereunto belonging, and aII covenants in all.fhe title deeds running with said reel-mute;
<br />and all. the yenta, issum and profits arising therefrom after default in performance of any covenant or condition• herein con-
<br />twined: and wuraats the title thereto perfect and clear except for this mortgage.
<br />During the time this mortgage is in force the mortgagors agree:
<br />First. To pay all lases and special assessments levied against said premism, including all taxm and assessments levied-
<br />upoa this mortgage, or the debt secured by this mortgage. ~ -
<br />Second Ta keep all builditgs thereon insured against lose by fire, lightning and Wrnado in some campanF. to be aµ
<br />proved by the said Home Federal Savings & Loan AssoeiaGoa of Grand Island in the sum ofR_1r5urablE value fa,,
<br />the booefit of the said Association, and ifs successors ar assigns; and W deposit said policies with said Association,. and ahaR not
<br />commit ar suffer any waste an said premises, and shall put and keep said yea! estate buildings and improvemeMa-in-good
<br />order.
<br />Thlzd. Ta pay or rouse to be paid to We Home I°ederal Savings & Loan Association of Grand Islattd, its: sueces~ocs or
<br />assigns, the sum of S ~ ~~r" t;?tiVD~t~~ -'i4!ltl~u=vi't T~,t,f;/L`1LL. d10LLASS
<br />payable as foIIows:
<br />x,DQQ.;J;Q ^°,r~€ _PT`=?plxi.R ., s38t;
<br />$2,ufa[J.L~Q DLL irP'n'C!-i , 19@5
<br />`~Z,3QCl.i}CJ DQE ~£PTtrnQER ~ i385
<br />'.tJG , uiDQ.,`J!,°i 3tiL v5`r~TE.F1F}~ R 5 , ; ~LTiU - _
<br />$Z~iDQ.G'i fyL'+L '"t:}i(t_ ,7tg'
<br />with interest thereon payahle, according W the tenor and effect of the one cenatn firak mar!>;siq++~~~ ~ said ~prtgagora,
<br />bearing. even date with these presents. After maturity mid hand draws interest at the rate a#`~xtier-cent Per annum.
<br />If said Yeses aad assessments are oat paid when due, or if the,bnildings oa said pramiles-ace not insured as above pry
<br />vided. nr if any a# said interest is not paid when due, then said, who~adebt snail become. due immediately, at the option of the
<br />said Asaa+iatfort~ aad shag thereafter draw faterest at the- rate i~~r cast. per aanulna
<br />The morfgagar__ hereby asstga__:~ W said mortgagee all rests and income arising at any aad: all: times from .said
<br />property and hereby auWerire said .mortgagee or its agent: at its option, upon defavlt, W take charge of said Property and
<br />twUeet ail rents aadtncame therefrom and apply the same tb tho payment of intentat, principal, inauiance px+em[umn, tazn;
<br />assessments. repairs ar improvements necessary Eo keep said progeny is tenantable condition, oc to other charges or pay.
<br />manta provided for herein or is the note hereby secured. Ttda rent assignment.snail:.tontinite-lna:forcee"tia}iI»tEe unpaid.:bal-
<br />aace of saf3 note is ffrlip paid. The taking of possession hereunder snail in ao meaner grevent ar retard said mortgagee in
<br />the colleetioa .said sums by fnrealasnre or otherwise.
<br />RRhetker said debt tiecomes dao by IaPSe of time, or by reason of the failure of the- Partu of the- #imt part to comply
<br />with any condiUOn herein, the said Home Federal Savings & Loan Association of Grand Isla:rd, the successors and. assigns,
<br />shalt have the right to begin the foreciosum of this mortgage at nave oa the whale debt hereby .secured,; aadr-to=inelude:
<br />therein all taxes. asaeasmeata, insurance premiums and costs, Paid by it ar them; or said Association, its successors ar
<br />asidg'ns, may foreclose aaly as W the sum Past due, without igiury to this mortgage, ar the displacetnent or impairment
<br />of the lien thereof.
<br />And tha:said-first-party and the tttaken of said ante, esgerially agree and declare that. the aepatate.estate of--each and:.
<br />every one of `them, inclad'ufg bath that now owned and that hereafter acquired, is pledgefl aad hound for the payment of
<br />the debt bet'eby saetued:
<br />After the e~meneetneat of any suit In #axeeloaure the plaintiff therein shag be entitled. kolhe-immediate possession of'-
<br />said premises and the appcdatmea! of a receiver therefor, notwithstwading they map bo the homestead of the ocottpaaF,and
<br />rwt.rithstandinK tho parE£ta liable far the detit may be solvent, aml the fuxst patty herabY eoaaenta W rho apPOintmeB4-of: a
<br />Rscslvrr upon tM pmd~tton of this fndanture, withotit other evidence. - - .
<br />I8e foregeteg toulifioas sod agretments, all and aiagular, being folly performed, this conveyance snail kre v~d;, nttirfi...
<br />wise to he aad r+eomun is Iull #otoe and effect.
<br />Stdtad thin ._...,~.~''t'`~.. _._._._.day aL~._.....a.._._..'ryi`arct; ,A.. D., 1&.l~"~
<br />to pO of __ _,._.. ";~;.r ,c„1~??Enirc, .~_v'~_."Afti7 Wk r~~9yj~'
<br />....~.. ..7 t
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