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<br />LOT ELEVEN (11), EAGLE LAKE ESTATES SUBDIVISION, HALL COUNTY, ffEBAASK,\
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<br />!If the COllDtY "f Ha 11
<br />~ SEVENTY FIVE THOUSAitl1 OOLLRK:l Arm iilln:uu:.",~
<br />lalwld pakt,. do hereby craat, .barpIIl,selI. lUId ~ WlW tbltR6tllel!'.nHi.~BIP,.'...'L/IIIJi;
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<br />Gralld; IlliaIId.NeInIU. audits _aud assig!:!s; tal! 1cll..~'%'"!'!~,-"'.~'-.-1~
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<br />COUIlty, Slate fif
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<br />Nphra ~ lea
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<br />towit:
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<br />$75,000.00 DUE NuVEMBER 1st, 1985
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<br />T<l(etlIer -with all the appurteJwlees thereunt;> belonging. and all coVt!1llllltS in all tile title deeds I'IIJI!ling -with said maleotate.
<br />and aU the rents. i_ and profitll arising thereirom after default In lW!rlorntaJlft !If any CO'l'll1lllDt or eondition herein con-
<br />~ and_ 1e'aIT"'-n:s the ti"..l6 ~ perfeet and clear euept for thVc mortgage.
<br />During the tl~ tbis mortpge is in force the mortgagors agree:
<br />FIrst. To pay all taxes and special assessments levied against said premises, including aUtSlre1l and assessments levied
<br />upon ~h1s mortgallf:. or the debt secured by this mortgage.
<br />Second. To keep all buildings thereon !nsured against 1_ by fire, lightning and tornado in some company, to be ap-
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<br />proved by thl' said nome Ftderal Savi!lgll & Loan Association of Grand Island in the sum of $ i nsurab 1 e value for
<br />the benefit of the said Association, and its succe..."'" or assigos; and to deposit said policies with said Association. and shaI1 not
<br />commit or suff..... any waslt\ on ~id premi3es. and sh&ll put and keep said real estate buildlnllll and improvements in good
<br />order,
<br />Third. To pay ur ea_ tQ he paid to the Home l<'ede1"l'1 Savings " Loan Association of Grand Island. its suecessora or
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<br />UIigns, the sum of $ <;.VFNTY F1Vr THf1lI<;ANO flf)lI I\R<:: ANn Wi,IJrr _u_________________ DOLLAJlS,
<br />payable as followa:
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<br />with intereot u.er..onpayable. aeconliDg to the tenor and effect of the one certain first mortKage note t'it", said mortgagors.
<br />b<JUing ~~" date ....th th<mt _to, After maturity said bond draws intt!l'1lSt at the rate of _ per-l!ent per annum,
<br />Ii said taX8 am! ~ a,.~ .Nt jM&ti wilen due. of if the buildlftJI on satd premises are not insured as above pro-
<br />vided. or illlllJ' 1'( said int"""" is not paid when due. then said \)ll<ll~J!tIl! shall become due immediately, at the option of the
<br />said .uaoclation, &lid aIJa1l u.-n... draw interest at the rate 0/ I!t6Ii ~tj,ent ""r annum,
<br />n.c mot'iaqor~ hereby aa.lgll.-,_ to .aid i1iVftj,b.gee ail rents and ineome arising at any and aU times from wd
<br />property and bereby .ulhoriJe said mortgq"" '" ita agent. at its option. upon default, 10 take charge of said property and
<br />"'~ aU .iii~ ~..,;, i.~ ~~...: ~ :;:v~ ~ =:: ~ the p--...y=~~ ~! !nte~... prl~!~ i~_':'lL"aJ!~ r!'e~!~~.. ~,,~.....
<br />~ rvpaira or impro_.nts n_ry to k""p said property in tenantable rendition. (>r to other charges or pay-
<br />IllleUb pI'llVtded (or h<<noin "r in the note hereby seemed, ThJjj reAl asoiilllmellt ohaIl eonUnu.. in force until tbe unpaid bal.
<br />....,. of said note b fllll.v .,i.l<i The taking of poues:sion bereund..r .hall in 00 manner prevent or reUlrd said morll!a_ in
<br />Illi! eon...-tioo of said _ by foreclosure or othe......u...
<br />..~ s.ald del>t beco_ due by lapse of time, or by r"ason of the faiiure of the party of the iirst part 10 comply
<br />with BY ecw1ltiOM ht 1D.. the said Home F~ Savi1)~ & L'<)a:1 ~\.=:co;iatiUii ui Grand island. the sac~ aud assigns.
<br />ilIal1 ha1i'e u.. rilIbt 10 boo!vn the i"""'-............. of liri. murtg-"ge at once on the whole dcllt hereby seeured, and to inelude
<br />iii.erein aU t.ue& ~ i~ premiums and costs. paid by it or them; or said All!lOCiation. its su~~ nr
<br />...... ~ fonclose oaly as to the sum p8Ilt due. without injury to this rnortg&ll'" or the displacement or impairment
<br />of the iletl tbereoI',
<br />AIIll tM said flrot paR)' and the nsakers of said note, _ialiy agree and declare that the separate estate of each and
<br />ewII)' _ of tIlem. inebldlnc bot!l that now <>wiled and that hereafter acquired. is pledged and bound for the payment of
<br />_ dtiIt '** MCtUeCl.
<br />Aftw__tbt e"~--e===t 0( any .i1lt in f~ the plaintiff th~~in. eh:ll be ~iiUHed to the immedide posHUion of
<br />.......... - the -"ttmeat of a -..1_ therefor, IlOtwitb.standill; they .nay be the homestead of the occupant and
<br />Tl1W~1t l~~' the ~ u.IlIe for u.. debt "'" be soI'len&, and the f1n~ part)' hereb)' COllllents to the appointment of a
<br />..... \IIIlIIl tM ~ of thia iJIdeature. wltllout otb<< evideDce.
<br />..... ....... ~.... __ aU and &inaular. btiB& full,y performed. this l'OIlveyanee shall be void. othel'
<br />... to .. ... ,.... Ia Mt... _ effea.
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<br />SiCMd Ulla....___&L_______day oL-....Jlc tober
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