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<br />I <br /> <br />r=~A"" <br />I <br />~ <br />[~ <br />g <br />. <br />~ <br />i <br />I <br /> <br />L~ <br />I <br />I <br />I <br />n <br /> <br />idltA <br /> <br />.&!' <br /> <br />":7_' ::;_,;,:~".-:m~_~2~iX~" <br /> <br />";1.. <br /> <br />REAL ESTATE MORTGAGE <br /> <br />84 -.()05084 <br /> <br />AND JANICE M. THAYER. husband and wife <br /> <br />of the County of <br /> <br />HAl L <br /> <br />and State oL-i!IBRA5KA <br /> <br />hereinafter called the party of the fU'St part, in <br /> <br />consideration of <br /> <br />ONE <br /> <br />HUNDR[O <br /> <br />THOUSAND AND NO/IOO-------------------------------------nOLLARS, <br /> <br />in hand paid. do hereby grant. bargain. sell and convey unto the Home Federal Savings & Loan Association of Grand Island, <br /> <br />Grand Island, Nebraska, and its successors and .....ugns, the following real estate, situated ;n <br /> <br />HALL <br /> <br />Together with all the appurtenances thereunto belonging, and all covenants in all the title deeds running with said real estate. <br />and all the rents, issues and profits arising therefrom after default in performance of any covenant or condition herein. c0n- <br />tained.; and WLrrants the title thereto perfect and clear except for t:his mortgage. <br />During the time this mortgage is in force the mortgagors agro: <br />!".h~~ '1"", ~~v :;;H t~-.;:~ O%;;....,,-i ~~~~! ~~:;;;m~~~E 1i'>~t'--:,-i ~~f':~t ..' i r;~L~" ~""-~~ding all ~~~@!!: gnd ~- <br /> <br />--+- !~~~~- <br /> <br /> <br />County, State of <br /> <br />rJE8Rr~SKA <br /> <br />, towit: <br /> <br />l.OT ONE {' 1 ) <br /> <br />AND THE SOUTHeRLY 80 FEET OF LOT TWO (2) BLOCK FOUR (4) IN REPLAT OF <br /> <br />RIVERS IDE }1CRE::j <br /> <br />fir, ADDITION TO THE CITY OF CRANO ISLAND, HALL COUNn, NEBRASKA <br /> <br />upon this mortgage. or the debt secured by this mortgage. <br />Second, To keep all buildings thereon ''lSUlM against ,085 by fire, lightning and tornado in some company. to be all' <br /> <br />proved by tbe said Home Federal Sa,ings & Loan Association of Grand Island in the sum of $-JJJ.~rable value for <br />the beneiit 01 the said Association, and its 'uccessors or assigns; and to deposit said policies with said Association, and shall not <br />commit or 'suffer any waste on saId premises, and shall put and keep sald real estate buildir.3'~....,;;i improvelmlnts in good <br />order. <br />Third, To payor cause to be paid to the Home Federal Savings &< Loan Association of Grand Island, its successors or <br /> <br />a.ssigns. the sum of S <br />payable as follows: <br /> <br />'~'J "- <br /> <br />."\J~H{;' <br /> <br />",:fil'-\{\Nn <br /> <br />Af\ln i\iq/ '1 nn_ ---- -- ----------------------- ~-...noLLARS. <br /> <br />L <br /> <br />I <br />l <br />I <br />I <br />i <br />~ <br />I <br />H. <br />"-"'.b~-I-_ <br /> <br />S1.ned th.IL, <br /> <br />day oL. <br /> <br />.>:;-~ ') <br /> <br />~h' <br />.~~- ,2::~,~,~~."" ,. '_:~; ':--~; <br />Jt< <br /> <br /> <br />II <br />I <br />I <br />I <br />I <br />i <br />! <br />i <br />. <br />I <br />~ <br />I <br />~ <br />I <br />f <br />I <br /> <br />-_,c:tl! <br /> <br />::. l0~~' ~ :""0:.....; . <br /> <br />'--::"j-~ ~- <br /> <br />.0dS <br /> <br />I <br /> <br /><~ <br /> <br />~ <br />~ <br />, <br />I <br />. <br />q <br /> <br />witb interest thereon payabl., 'lX'<>rQ;_1g to the tonor and effect of tbe one certain first mortg~ ,l/gte~lll said mortgagors, <br />b('aring ,',"en date WIth tbese pn>sents. Alter maturity said bond draws interest at the rate of"l\ti<<'1>'i!I-' cent per annum. <br />If said taxes and a"",,..ments are no~ paid wben due, or if the buildings on said premises are not Insured as above pro- <br />vided, ur if allY 01 said mte....st is Ilot l>aid wben due, tben said whole ,debt shan became due immediately, at the option of the <br />""id Association. and .hail thereafter draw interest at the rate ,,!'~IIle~ent per annum, <br />The nwrtgagor' hereby ...ig,,"., to said mortgagee all rents and income arising at any and all times from said <br />proi"'rty ,md hereby authorne said mortgagee or its agent, at its option, upon default, to take charge of sald property and <br />~ollect .11 rents and meome therefrom and apply the same to the payment of interest, principal. insurance premlUJWI, taxes. <br />a~'.ssment...... fe'pairs or Improvements necessary to keep said property in tenantable condition, or t.o other charges or pay~ <br />me.nts prOVIded for herein or In the nOle bereby seeured. This rent assignment shall continue in force until the unpaid bal.. <br />ance of said note is fully paid. The taking of possession hereunder shall ion no manner prevent or retard said mortgagee in <br />tht" c-oilection of said sums by foreclosure or otherwise. <br />Whether said d..bt becollH's due by lapse of time, or by reason of the IaUure of the I.arty of the first part to comply <br />WIth .ny condition berein, tbe saId !Iome Federal Savings & Loan As.<ociation of Grand Island, the successors and assigns, <br />sball hue Ihe right 10 beglO the foreclosure of tbis mortgage at once on the whole debt hereby secured. and to include <br />therein .aU taxes. assessments, insurance pr~miums and costs. (mid by it or them; or said Association, its successors or <br />~. ma)" foreclose only as to the sum past due. without injury to this mortgage, ur the displacement or impairment <br />of tbe lien the"",!. <br />And the said first party and the maker.; of !<aid note, especially agree and declare that the separate estate of each and <br />ever)' OIle of them, induding both that now owned and that hen,.lt"r aoquired, is pledged and bound lor the payment of <br />th" debt hereby secured. <br />After tbe "<>mn"m<<ment of ,my su.l~ In foredosure the plaulltff Illerein shall be entitled to tbe immediate possession of <br />SAld Vl"euuses and the .;appointment t.)f a recell1er therefor, notwith:-tanding they may bl' the homestt:'ad of the occupant and <br />llOtwitbatandinK the part1Cl1 Ii.bl" lor the debt moy ))., solvenl. and the first party hereby oonsents to tbt' appointment of a <br />R<<-eivet' upon the production of this indenture, without olher e\'id~nc('. <br />The f~O"I& c<lllditionll all<l 'IOreementlo. all and .ingui..., oe,ng full;' performed, tbi. cOllveyance sball be void, otber, <br />...lie to be and remain in full forc\l and effect> <br /> <br />In \>l"O!Wnc~ "j <br /> <br />",C',iiiiii.i".,~-- --"~'" <br /> <br />.;A""-_u-,::J--~Jl. 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