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<br />84_
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<br />00439~~
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<br />MORTGAGE
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<br />MORTGAGE LOAN NO. _..HI:-785 (FHA)
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<br />KNOW ALl. MI'N BY HIESl. I'RFSEN1S ThaI Alvin M. Sclmid and Ann Schnid, each in his and her
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<br />own right and as spouse of each other, Mortgagor. whether one or more, in consideration- of the sum of
<br />Se.ven~ .'Il.D...Hundred . Fifteen. and60!lOQ--.-:.,.."."'='"'''''''=-_==----------.,----- DOlLARS
<br />loaned to said mortgagor hy The l-,quftahk Buildln~ ~ml 1.\101fl A&~Clation of Gf3nd Island, Nebra~a.. M(lrtgag~e-, upo.!l 72 sha:r= of stod.'of
<br />s;a,jd ASSOCIA110N, CerlifiC'dte "'Jo LHI-785 (FHA). do hereby gran I , couvey and IlIDrt'gage unto the said ASSOCIATION the following
<br />described real estate, ~ituated 10 Hal! Cotmtv. Nehra,;k;t
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<br />wt Eighteen (18) \~1estem Heights T:b.ird Subdivision,
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<br />Hall County, Nebraska.
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<br />logelhel wllh a.U the tcnnnct'b, t:~n:",j,-!.:im~n1'; dHI .lppunef1;Jnc.t;:s thereunw b<'lool'tU1g, l"ild.umng attached fioo.I coverings, aU window-~
<br />wmduw "hade:;. bhm.l:s., '.{V,1ll wlnJ,.W\. iWt'm",',. )it:'<\l;U,~,.lH ~'\mdJtl\ullng, Jul! phunbin~ and waler equipment and accc:aories thelCto~ptllDpl.sto~
<br />refllge{;ttm,S, and other fi).l!.llt'~ ;11,,1 n{UIfl1r>u;1 :'O\-\. ,'! hnc!!!,', iHlai.'hed h~ or used in CtH\nC\:t.ltm with 5atd real estate.
<br />Ami wttel<:".as Illl' ~IJ HIOl1jW..i::IH "'.l~ .;:~:!t',,~d .HH\ ,J<..J<e;;; ill'rd1)' .it~rce I!I.at lhc lmnt~guT shaH and wdl pay aU taxes and uaeasments leVied or.
<br />3s:iit~~wd upon :\.iud rtCHU.sc~ ;md ilpl\r: ! 11':; '-lllln?;!~,' .H,d lIlt' bond ""~t'!.H.:d lh~~feb'f bd~"e lht' ;;ame shall be-wft1e delinquent; to furnith approved;
<br />Illsurau.I..l.." 'lpt.fH, lht' hudJITlg~ ,'ll "wi l'n~!l:)""'~ Sltjl,lh',i 1:1 [he \\l:m I" -S 7,215.60 pli)'able t,o said ASS(X';IATJON and to Je1iver to $aid
<br />ASSOCIArtON {h~ PUhdt''- !ut ....:uJ 1:'>ULlli"t', 'H,d hI ;,ommH 01 pel1uif any waste- on LIt about !iilIU prcflWjeS;
<br />il1 ;,;:-~ 01 ,k!ault II: \fK ;~!l,)ll~Ulln' ,,1 ,m',' '.~; ,he term:.. ant! ,,:olldIOqnS ~lf thh mfJflgagc m lhe oond SoeGUled hereby~ the mortsaace sball.
<br />Oil deru...nd. tM: l'lllllkti it) 'nHJ1('~hliie !";~'>t'~\IOt! '.>1 nw mu.ig>i-W"U pH~ml~s and the fTlUftgatWf hereby ass.ipu.. handen and sets ovec to the
<br />mortg<tg<<' alllhe rl.'nh. tt.'\-Oilli~~ :wJ ::'>.-l<J!l<! t\.' h. ,l<~>fH~J !fcnn the- tlllJllgageJ pit-fillieS durin~ :Juch time as the n~.indcbtedneatbAllremain
<br />unp..ud; J.l'iJ Ilk.' nk)ffga~n:; ',./la.!i tl;n"\" th.. r~'''''t.'' :\\ "PP'i1Pll :HI" .sgl,"lll ,It <-t~C!lh Ii tnit'" dna.re for the PUrpoliiC of repairing said prcmise$ andlCfttiDg
<br />tile sanlr J:uJ ,---""lk~:l!n~ the a'lll~, n"H;nu,'", ,;rld \"l:.H\;(". ..Hllt! :H,;P.- !l.l\' {,uI of salt.! Hh..XI!lk' aU e-l{pen~ of repaiting said premitcs 81ld I1OCCI$&I:)'
<br />;;\.Hhmi~'n,. "~nJ n,t~I~'iI.:.. Hll..lIlH'{1 ;" ;'\:n!\'-;~ "nJ :-n~W.-1t';:t: (ht" .'04ti,;.' .Inti ,,1' (:nne:dH~ letltaJs thel-efroU1~ the balance rcmainin&. if.IIDt'. to be
<br />~~~~1~1, ~;!I;':';l:~:~: ~11t~::~r~~I;-::.,.:.~:~\ :,:~il~~~.:g:,j;~';:;..{-:~:~-~n". th{'S>.' ItKilt:> u1 t~w nl1-H(~;tgee may hI." ell;"rci~ at llny lime during the existence of such
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<br />rhl~'>(" jlj(''>t.'lib. ,'t"',',-.,:\'n ."" ':r" " :;\1: t ,,:,,]!!h;lL J tilj! d the ",,-,..1 Mllll~~-t"~H ,h./lij !.t;r~)' ->ai<J- !<.J!-.n on ~~! before the nlah...-i~y of said ihiuosby
<br />!fay fUCllt , fMy nto,mih,\ ',) ~,,: .\...."-,....o~. !A I i\.i.... "1 ;t,,,' ',um ,'P"",-'ii"teJ m tot' ti';"l~^,i ~'t:\.I'cd ttt'fc-by ;,IS infcu:s! and principalon:said loan. on 01
<br /> before
<br />tth: ! ~entlC"{h ~jl!} "~I r-",:" ,m;,; dL"l, !fk"i!!: ''-'Hi l"~n n luHy pa;..l, {M) aU t3~t:-S and as;.;cs-"'l-f11CIlI:!i icvie-d against said Pf\!:a'li..~ a...f!dt..'!! tbi! MCftg;;t
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<br />,;,nJ th~ tk>nJ ':>oC1.:\Hni n~'h"h. h-t'l"ll
<br />h\ :-;..'iIU >\S..-'';'()('L\ fIi 1'. 'tt)..\ :.' ......",
<br />!~~ tna"-IHHHH leg::;: 'dtt ~i\~~''-''H
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<br />! UI ;Il~ij JppwveJ lIl~ul~'h:~' \1!^)O ih..:- huddu!&S thetool\ in the: $WU of i 7,215.60 payable
<br />l,\ ,kllWUJ ,;'Iii money t'l'r H piud ltH ~u(:h l.ax<':S. assessmtlnts and insurance with interest at
<br />,,~ v..im:h Ml,1tl~agOf ttcl....t) JgIC~$ W p;iy;pcrmH no wilStC on said ptemises;kecp.andcompty
<br />t:!, itH 1:,.7,215. 60 j~H::i l!~; !{1\-'1;Jl hy Ihe scud Mong.wgur to said ASSOC1Al10N. and comply
<br />.n;-.1 B\.- t ;ni;'-;i ,\1 ",.ald ;\s..~()nAnON, then the~ present$. shall beoomc null and void.othctlWiac they
<br />.i'tc-.f,'.....',.~ ,..t ';I;\.: ,\J ;/...' <,,;nd r\S.'';'OCfATION <iflt! faJlUJc for three monlhs to make any of said
<br />p<t~ Ui\:Hb., (I{ II) ke~p aild comply Viuh the ...gtccn'k:nl& and conditions of said Bond;
<br />lH ;"h..h l'-lIl,'l'I<h.UlC pro;.:et".llmg.s
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<br />""-Ilh;.lit It.... ;~gil'..'nK'I\\~. :~!l,-t ,--,,,,,-j,it._,;,-,
<br />\l,-lth 'Ill tlw i(;''-ti.llh'Hk'llh \" d;.:;, >1,.;.
<br />shall h.'UW-i.ll HI luH l.);~" .tihi :t..n '''.
<br />I'lo&)nl\,'nl~ 'H tx' liu1.''I-' ~n~ln.h~ 'Ii .11,,',,11
<br />.mJ ~hllltt.lf!,<.i; .i~h'\'''' ,\} h"h'" j,',~.n<:j
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<br />II lh..'fl' is .,iti\ ~ll.;l;il~~' '\1 "....Ou>1l.if" i Hll. I':,ll t ;.i..~;c- lH..lItgAg~J flCti:IU. b) ~k tH OtJ\eI\lrUe, then lhc entlre rtm&inin& indebtcdnea here-by
<br />~..tuc..1 !\flail. .}! (h..'" .'h,\n ,!i lh~ i''4'':'~''';'''' .ll1J t.".lf; ,bS..J~l;HllJil "i eran\! hIIDi.J, Ncbm!.ll. beco-me inunediat-ely ducand pa-yablc without
<br />IUlttlel 1"11\\,.'1.-', .11hl I ,\<,: ,m..'\~ll\ '~'ill;J,;qht' ju. '~jJ hd',~!. :md :HIY l)ther bonJ r,.r ;uty .htditton.u ao.vancei made tbercunG:cr~ shall" fmm. tbe
<br />~lai:e .~l ('J\.t(o~ di ~jJ "1'11\'''' :1,:.:.' !!,h':..'"l ." i;,i. ,.,t:\11li..m k~l f:i,it;. :.md liH~ l!li.Jlt~agt; lllilY thc:n be fon~clustJ tQ I8tisfy the amount due on said
<br />bonJ,.snJ :m) <.Iltk'! tt....,m! h'i ..JJ:JlIl"""': .hh",kc -"ltll .Ill SUitt" palJ b> ~i.ld The! '1unablc Building and Loan Association of Grand Island.
<br />'~hl.l.s.La tn. :.n::>UI:llh.'t'. I.U.:"'" ..\;1,..1 ~1"''o<;:",,1~;..;_:~, ~h..! ")0,11.:1',;,,.11. ,:harr;t~::., ... .tll Hll'&:lest t!tere-oo, from dale of payment al the rnaJtimum
<br />k~;.tl r.t!l"
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<br />\s pW\-lJed m llf". Jl.'.)" ~t',:,.;,,,:, ;',>,d'>,
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<br />D.led th.... .2q"f.
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<br />"'~~,\;: "h~) frm.-l.m:.< 1ft dlt'd the :ll\)a~.:t: mol)' hCl'I;aflef advan..:e additional suw to the
<br />~Ulll~ :.b,dl bt ......ltlllll. the Sl.~..:I.UI[}' 01 thh mO[Ig<ti.'t.' lhe saine as the funcb miginally
<br />",""; ,'".:,:.:~t ,un:!(llt: lhc "i 19.ill.;ti J1!l.L'Ul!t ~~f thiS JUortg~e
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<br />Alvin M. &:httl\..i dIl...1 Ann Sch1'l..tu,
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