|
<br />cU~SciJE '~iAi;:at l E AiVD CGN{~ ( E UNDEP,c3ERG VAiJ't,' 1 E, hush and and w i fa, each i n ti i s and
<br />her awn r i ~ht an;1 as ,~,puus2_Qf~t~y ~Y},p~__ ____ _ __ _ here i n cal ! ed tt,e
<br />1>NrtgayUr whether one or nx~re, in considc~ratiur, at TWO HL.IdDRED THCIUSAND AND NO/ICiO---___
<br />_ --------{joliars loaned tc said P4artgagor, does mortgage
<br />to HGME FEDERAL SAV{!1G5 AtJU LGAiv ASSGCIATiON, its successors and assigns, the fcl{cwina
<br />descrit;i;d real ssfiate in !-IA.LL County, iJebraska:
<br />LGT ONE (!), TVti'G (2), AND NGRTH TWENTY-FIDE FEET (2?') GF LOT THREF (3t u,LL !i! 9ELR`.^NT
<br />Alice i T f G"d T G Tt;E C! TY C)F GRAND I S LAND, HALL CCUPJI"Y, idEoP.ASKA.
<br />and ail easements and appurtenances toc:sther with all buildings, improvements, fixtures
<br />or appurtenances now or hereafter erected ±hersan, including all apparatus, equipment,
<br />fixtures or articles, whether !n sir;gl2 units or centrai{y cor.trailed, used to supp4y
<br />heat, yas, air-conditioning, water, light, power, refrigeration, ventilation ar other
<br />services, and any other thing now ar hereafter therein or thereon, the furnishing of
<br />which by lessors to lessees for an unfurnished budding similar to the one haw ar here-
<br />after on said premises is customary ar appropriate, including, but not limited tq, screens,
<br />window shades, storm doors and windows, carpeting and other floor coverings, screen doors,
<br />awnings, bu!It-in dishwashers, staves, refrigerators, and water heaters and ail renewals
<br />cr rep!acPmaents thereof (al! of which are 'sntendsd to be and are hereby dflc!ared to be a
<br />Dart of said real estate whether physically attached thereto or nat.l Ths Association
<br />is hereby subraoated to the rights at ail mort;;agses, lier.hciders and owners paid off by
<br />the proceeds ofJthe loan hereby secured.
<br />TO 'r:AVE Fur'D TO HG`LE the said pracsrty, with said buildings, improvements, fixtures,
<br />uppurtsnancss, apparatus and equipment, ,,n to said .~sscciation, its successors and- assigns,
<br />forever.
<br />i.4arfgagor hereby covenants with said Associati.,, its successors and assigns, that
<br />:.lartgagor !5 lawfully seized of said premises, that they arG frsa of encumbrarr•es, and
<br />that Eiartgagar w'sl! forever warrant and defend the title `,, ,aid premises against the
<br />lawful claims of all persons whomsoever.
<br />T E S . n,~i; ~,, ~ ! n ECC'RE . t ! , The paymen . _, .ote executed Gy 1~rtaaggr
<br />to ohs Association bsarir.g wren dais here::ith ir• ,. ,= principal sum as set forth above,
<br />..hi~n :cots, nrir~cipe! gnu interest, is payable ir, r,o~tthiy 'trsta6!»nts according to its
<br />tGrr,s, wstt, a lino! maturity, unfass sooner pa:c, ..~, the }ct uGY of A,. 5t a
<br />2J0-^~ Ths holder Hereof shall have the option t..-acce!srate the maturity aCr~the note
<br />Eon which #hi3 rnartgage is given as security, at arty time after tit;; I ±h loan
<br />year after first giving the :3ndsrsigned ar the then owner cf the premises described herein
<br />a written r:otice three months !n advar.ee of its ints~7t to do so. Any prepayment of
<br />principal made by virtue of the exercise of this op•t;an s+talt bs without prepayment
<br />prs;ni;;r,,. ~ ?1ry u t!onu- a ancss ma e by the <.ssociatian to ~ri'gagar, ar f~rtga~,. ,
<br />successors in title, far any purpose, at the option a# the Association, at any tuns before
<br />tits release and cancellation, of this :'~9artgags, but at nu tiros shall this Mortgage secure
<br />advances on aca~ur,t of said arigir.a! Hate and sue^~ addit;ana' advances in a sure in sxcflss
<br />of T1~0 Hi~}fDRED THGUSA;dD A'dD iJOt 100---------°-----------------+~i i ors; pray! ded that nothing
<br />,;:rein contained shall be r:;nsi;ercd as 1!mi.ing .hs arruunt that shall bs secured hereby
<br />i~h~n ad•rancsd to protect the s~:curity ~, in accordance with c;,venants contained in this
<br />,,,rtgage.
<br />iravided, nevertheless, ;rase presents are upon t^e Forlowing conditions: that whereas,
<br />t!ta said i••fiartgagor is a member of said .,.,_-..,_.anon, has executed a Hate in writing to said
<br />Asseciat!an to repay sum cf money, ,rith i~.r:~~°est, .,~ aymsnts as set #orth in said
<br />,sole, and any ar.d alt additional advances, wit^ ,n+erast, and has agreed to abide by the
<br />i;onstitution and 8y-Laws of solo Assaciatior~, and rules and regulations adopted by its
<br />award of liirsctors; ar.d agreed and da hereb°f ogres:
<br />1. Ta pay the indebtedness hsrebr,• secured promptly and in full compliance ;with the
<br />terms of the aforesaid i'ramissory tots and any other notes ar agreements for additions!
<br />advances as provided herein and cf #Et!s Mortgage and further agrees that at the solo option
<br />of ~,artgagee the time of payment of the indebtsdrsss hereby secured, or any portign there-
<br />of, may be extended ar renewed, and any portion of the premises herein, described may,
<br />:ithaut notice, he released fra^.t thfl !inn hereof without re!sasinn qr a#fectin the sgna!
<br />y g aer
<br />liability of the Nr.~rtgaggr herein for ohs payment of said indsbtfldnsss then remaining
<br />unpaid,-and not chance in the owcisrship of said premises shall release, reduce ar otherwise
<br />affect any such persona! !!ability ~r the lien hereby created.
<br />Z. t5ndsrsigried reserves- the right to prepay this Hate in whole or in part on any
<br />installment payment date-prior #o years from the date hereof by the payment of ail
<br />accrued interest to the date at such prepayment together with a prepayment fee equal in
<br />arrr~unt to 180 days interest on the amount sa prepaid; and i# prepaid after such date there
<br />shat! be ro prepayment fee. Tha prepayment fss sa charged she h not exceed the maximum
<br />
|