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<br />of tIJe County oL- HALL
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<br />CONSTRUCTION SECURITY AGREEMENT
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<br />and State of
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<br />NEBRASKA
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<br />hereinafter called the party of the first part, in
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<br />COIISideniion of FORT Y THHEE.. ,HOUSAND TWO HUNDRED iiND NO/lOO----------------------- DOLLARS,
<br />b1 baDd pald, do hereby grant, bu-p.in, oeU and convey unto the Home Federal Savings " Loan Association of Grand Island,
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<br />Grand Is1aIld. Nebrub, and ita _rs and assign,&, the foil owing real estate, situated in HAL L
<br />County, Slate ~~E8RASKn ~ towlt:
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<br />fJlNEE[f;j 19), ,.JESrU1fJ ,"E:criT5 '-OURTH SUBDIVISION, HALL COUNTY, f~E8RASKA
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<br />Together with all the appurtenanee:t the",unto belonging, and all eovelWlU in llll tltet.lt1e deedlJ.ruJItIiIIIl :withslillhelu~
<br />and aU tIJe renbl" 1.._ and profltll al'lsing therefrom after default in ~ of any .~. tIr. eondittonA~.IlOlIi':>
<br />wned; and warrants the titlo thereto perfect and dear ,,_\It forth1s~
<br />During the time tbis mof'tgage is in force the mortgagors agree:. . . ....... ". ". .
<br />Jt"1:rrt. To PAY all U1es and iipt;!Gal ~.ents ~1ad aplnn .taid ~;D." ~ ~!!ding---~lJ~ tues_:,l:Ind-;-_~~'7~,~}'-:-:::-_~
<br />upon thi$ mortgage, or the debt oeeured by this mortgage. . ..' '. .- . . < n;",,;
<br />Second. To keel> all buildings thereon insured ~llSt I_by, ''', \ightlting and t~ in _ COUIJ!lIlIY,~;b<<i;~f';
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<br />prl>\'ed by the said H(lm~ F~al Savings '" Loan AstIGciation (J{ Grand Island in the IlUm (If $ ; . . '..> '
<br />the btmdlt o! the said AUoctlltion.. and itl 'U~e.!lfWI"S <>r auigna; and to tlepOGtt lIllid polides with said ~'..
<br />L'OmmJt or suffer any wute on ....id prem~ .lId .b.all put and keep #lI1d' real estate btll1dingItllilld ~.
<br />order,. . . ..' . ..... .... ". .............>.
<br />TIlird, To payor calIS(! to be paid U> tll", Home Federal Savings '" Loan AaHciaUon <>f Grand Ulaad,~:.ltenI~.:o:!,~;1
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<br />with Int~ thtnon payal!l." a<:'OOl"dlng to tbe 1_ and dfeet of the. 000 ,cartatIt flm.~. . ..... .' ...~'_. ..,.... ...~...............sata........... ......:.,.
<br />boartng ''''ell dm ....th theft ~ Aller m.lurity aaid bond, draio'Il ilIteJ'Nt at the. rate .df~~lleRt:
<br />U uld twls and _Db l!ff nOlt.paid whem due, ~ if tbe-llWldinIa on said. ~_.)lotLiII..l:!lIlil/
<br />vid'ld, nr if lIl1Y of said..' [ntt!t$ is nol paid wben due, then said 'I'!<<!!t_~shaU. beeome. .. dueimmtMl1llWY..' ..... '.-...:.$\....... -...-.......................:
<br />.aid AlI$ocl.u..~ and toball ~fter draw in:~ at the rate 16t~.. (!eJ.It 1*: MmU\L..
<br />Tlte mortg..or 2.. hereby _;'11.-. to said mot'tlPlllee all reDtI and i_ ariIini at llDY and ali~
<br />~ and hereby authori:re said mfJrtpgee or It.ll a&eat. atlts optit)n. llpotI. default. tq takeCharloof.-id Pl~.:~'
<br />oo!lect aU Nnla aDd inenme thftetrom and a!lPl7 the SlIMe to tltep<<y_t of lntel'llllt, ~ ~.~~.
<br />-u. repain or improv<>melltl n""""""'Y to Rep lI3iu property in teoantahl.~. or tq.~I>>.'''''' "
<br />- ~vidtld fOJ' bel'l!l1l nr in the Dote ~reby 1lel:Uftd, 'l'IUlJ reH auipmeaitoball ~in:.f.o..e.NI.ltj..~k.~..
<br />- (If "aid note is fully paid. The tald.ng <>i ~oo bel'eW!der sbaU in no _ ~ orretardtaid~..fB:
<br />the eolJeWon o! said swns by ror""l~ or otherwille.
<br />Whether qid debt becotueS due by lapse o! time, "r by reason "f the fallure of the party of the ~ P8ft'10 ~~
<br />wiUt ...y cood1Uon bemzt. the .....d !Jome Federal Saviltgl; .It IAlan iUaociation of Grud IslHld. the $~and-~
<br />.~ luove the ri!!ht t.o begin the fol'<!cl.......e of this mortgllie st ollCe an the wiJole debt hei'eby ~ lUI!l,~..lJll!~
<br />tllema atim.... _, i__ pnmtiUrDll and eoslS. paid by it or them; or said ~_ its~. Gt'.
<br />--. -.v f_r- only as 10 tbe ..wn past due. without injury t(l tbis mortgage, or the ditp~ tIr l~
<br />of the u..n ~
<br />Aud the .said fus\ party ."d the makers of said note, especlally .......,., and docl.are that Ute &epullte. Ill!taW of IIlICb..aAd"
<br />e"",l)' Ol11! of tll!>m. IM-llldin,g both that now ow.Md and thl;t b~ a.cquired, is pl~ snd bound for the ~.of
<br />Ute ~.~ -..red.
<br />AItw the _t ot ...y suit in forwlosure the pLairltiff thereill shall be entitled tolhe j~ ~"of
<br />bid ~ lllId the ~ or . ~j..et thefe{tIr, notwith>>tandl11!l they m" be the ltomestea<< of the -..nt au
<br />llOl.wWllltallding tile ~ llal>le: for the debt -.v be solvent, and the first Part1 h_by ~ to the .~ of.
<br />~ ...- UIio prl1d!letlon of lhla ind<mtur... wlIhouI. other evldem.....
<br />'l'U r~ ~_ ...0 ~. all and AQWu, be!A8. fally periormed, tbla eonYflYlllltl<l !lbatl bevokl, 0I;ber.
<br />..... to _ ad n:.raaiJ.t 1tt tllU fon:e lIJlI1 ~
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