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<br />REAL ESTATE MORTGAGE
<br />
<br />84 -.()05084
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<br />AND JANICE M. THAYER. husband and wife
<br />
<br />of the County of
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<br />HAl L
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<br />and State oL-i!IBRA5KA
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<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 ~-
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<br />County, State of
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<br />rJE8Rr~SKA
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<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:
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<br />",:fil'-\{\Nn
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<br />Af\ln i\iq/ '1 nn_ ---- -- ----------------------- ~-...noLLARS.
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<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
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