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t~ r ~ ,- LC~Ap+7 ;~t+~„ 21'Ci501~39 ^tr,0%TGraE Ar:r >Fr,~.,, . ~-~-.E£triEruT° K PvOir ALL :,SEP. BY T4iiSE Y _SEhi TS THAT MERE A. ~~. and DORIS N. KADEI., husband sad wife, each contracting in his own right amd as spouse of the other of 4`ne County of ~l~' and Store of tiabraska, mongagars, :rt <ansidaroticn. of the sum of THIRTY T6r0 THOIISAND AND NO/100ths------------------------------- (5 32,000.00 7DOLLARS the receiot whereof is hereby acknowledged, do hereby SELL AND CONVEY to State federal savings ad Loon Assa<iotion, Beatrice, Nebraska, mortgagee, iha foiiavirg desailxd real astute siluotnd, in Hall County, State of Nebraska, to wit: rppwofus, equipment, fixtures w articles, whether in single units w centrally controlled, used to wpply heat, gas, air wnditioning, water, light, power, refrigeration, ventilation, dishwashing, disposal, w other services, and any other thing now or hereafter !herein w thereon, the furnishing of which by lesson to lessees is customary ar appropriate, including screens, window shades, s4orm doors and windows, floor coverings, screen doors, in-a-door beds, awnings, stoves and water heaters toll of which we declared to be o part of said coal estate whether physically attached thereto w not). The Mortgagee is hereby subrogoted to the rights of oIl mor- tgagees, iienholders and owners paid off by the proceeds of the loon hereby secured. This mortgage <onsitutas o security agreement with respect ro the chattels covered hereby and with respect to the fixtures attached to the above described real estate in which mortgagee has an ordinary security interest. TO HAKE AND TO HOLD the said property, with said buildings, easements, improvements, fixtures, appurtenances, apparatus and equipment, unto said Mortgagee, its wtceswrs and assigns forever. Tha mongogon represent and covenant with the mortgagee that they are lawfully seized in fee simple of said premises; shot they have good right and lawful authaiTy to ull and conveythe same; that they era free and claw from encumbron cos; that there are no outstanding secwity interests against any fixtures; and that they will warcant and defend the title to said premises against the claims of all persons, and that Fhere we no outstanding severity intermts as to any vtd all of the above described fixtures. PROVIDED, always-d these presents are open express tw~dition: That, Whereas the said mortgagors haul this ~y exetuted ar.3 delivered !o the said Association, one ttrcin crate in the aeasett ~ the above consideration, which wm with interest as provided by said torte or any mutual modification or extension thereof, and aI I wms which sold Association shall pay out of in own funds for taxes, insurance or repairs on the property described herein, or future cmh advanee- rttarsts marls by the ma-Fgegaa to the r.,origagor, ar his w<castor in fkla, for any purpose at any lima before the rnlecre and txceilotion of this mortgage (pravid- ed Yhat the said advancement, together with the principal balance due at the time of the said advancement, shall not exceed the original arttaunt of the mortgage asd, provided f ether, Shat nothing herein contained shah ere considered as limiting iha mnaunts that sFtoli i>8 secured berab> when advanced to protaat the seaurity of to gccordonce with the wvenmh contained herein) shall cansfifute fhe debt owing to said Association and by said note said moregagon prwnisa fo pay wid aebt and interest to the Association In morthiy insrailments as provided in wid notes of even ate herewith. (irises mcgified or ascended, the newt paymast is due 240 months From date. Mortgagor further ogres to pay, before delinquency, the wms secured hereby, and all taxes and charges of every character assessed or now dw, under fhe laws of Nebraska, upon said real estate, and upon this mortgage or the note w debt secured hereby; to keep Fhe buildings upon wid premises inwred for fire and extended coverage in some company w companies acceptuble to mortgagee for on amount not less than the value of the but Idirtg, as determirsed by the mw- tgagee wthe unpaid balance of the lost, whichever is lass; to keep all imprevenertts in good repair and condition, without wade &sring the li{e of this mortgage; and to permit mortgagee a its agent to enter upon said premises fo examine the wndition of wid improvements in order !o ensure compliance herewith. Should defauh be mode in payment of the wm secured hereby, w any port thereof, and wid default continue for sixty (60) days, or should wid insurance rear be promptly effected, w texas w assessments not be paid before dalirquancy, w default in sty of the terms of the note for which this mortgage is security, o: wid propery wid or fransferced by deed, contract, option, easement, or otherwise, without approval of o suppiamental application for assumption of this ma- tgage std fbe debt evidenced ehareby, by the Association, or in case of failure to duly observe and be governed by the provisions and ~conditians of the Charter, By-Emus oP wid Aswciation, and rules and regulations of The Federal Savings and Loan System, or if insured by mortgage insurance corporations, to pay in add- ition of lire vpf tan of the Aswciation, the premiums for wid insurance, or the discovery by the Aswtiation, w its officers, shat any of the statements contained in the rsppllaotion for the loon executed by mortgagors are false, or if a tax lien, additional mortgage, mechanics lien, w other encumbrance is tiled of racard which imps»s a lien against the above described real estate, then the whale of wid indebtedness remaining unpaid shall of the option of the said Assatiot ion, became due and payr$sle without notice, time being the essence of this contract. Should mortgagors foil to keep the buildings inwred, as herein agreed, or foil to pay real estate taxes and soedol ossessmants on the sold mortgaged pro- parsy before defis.~ua:ry, zee-sgsel-aa rr y efFoet said inwronca, pay saris and {owrance premiums, arrd all wch payments, with interest as provided in tftc fins martgt$a rota natured by this tnortgogs, shall ba a lien upon xiid pemises and secured hereby. The tttortgaean hereby roiirquish elf homestead and marital rights of every kind in and to the sold premius. For iha pusposa ~ Fwnishirtp furirh.r security for fhe debt secisrod hare6y, the morfgsgnn hereby assign, •rarafar and set ova' to the mortq<tgas, to be applied toward the prrynutnt of the note acrd oli other wms secured Iteraby, in Case of a default in the performance of any of tM terms and condif taro of this mortgage w - - ffm etr{dtr~a, -oil tkt raMS, revwtws, rYtd incoaW W bs derived fiom the rrrotfgtsgad pramisas during wch time of the mortgage indebtedness shall remain nrrpaid; lend the atar(gts@ae dealt bore pov tr to appaiM atY agent, err apsNS, it may desire far tha purprne of repairing wid premises asd of rentirsg the same and colle.t- _ my the rears, ravemrat, and inwms, and it may pay out of wid income alt expenses of repairing wid p:smius acrd necessary commiwiass, and expenses incurred -- -in ran;ingaxi rnwnggLq free-aesstr, std of <vlisdinq retsrols fhaeafran; the balmu rartairting if any, robs applied reword the discharge of wid mertgoga indebted- . class. Mongagre s1wt1 account far roots atfually aolleeted aced mt for the raMal value of wid premises. tf-tree 'rnditresdnen sae+rtad hasby ba guaratrteed w inwred ussder fhe servicemen's Retsdiustment Aot, os unanded, w<ts Ad and Reguiatfons leveed fhare- --utMla artd•_ht ttf~et as Nsa dots tteraaf stteff gavaen fhe rgfd, decries asd fiobifities of sere parties hereto, mod any provisions of this err otim itsslrunwnfs executed in danMCfisn whit sail! tndehttdne+fe wftiah era ittaorteisisnt with ;aid istf w Reguioiian ors hereby omertded to conform tbsroto. _.. ihz e~m;•.4~'t ',a ~-.-a wry yf 3u g~:ies-~~ri t ~ ti :~ to 1~4~ tt~ i~1.s, r- --~.='atlv~. a:c~~s ~ m! ~i~+s ^f wid ~9art.es. tr.*e the rarer •fA~.++ ~,?1! gts!i ineJ.,a. ~y f,.,,s~t ~-,~. ~tdR,. a-• rte as an-y #.~~tedr~R sst:tr~-~ igreby. f--9 qev: y-?5 frum64ai Lot I`ifteea (15}, in Amick Acres Second Subdivision in Hall County, Nebraska.