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Form F{UD'No. 6238•Neb.
<br />(Sec: 312 Loan)
<br />(Revised Aug. 1970)
<br />7s- ~,~-~sso ~o~~r~a-r~
<br />This Mortgage made as of the First day of rj~e 19 ]9 . between
<br />Burhl Gilpin (hereinafter called, and if more than one party jointly aad
<br />severally hereinafter called "hortgagor'"), residing at 122 East 5th Street, Hall County. Nebraska
<br />and the United States of America (hereinafter called "Mortgagee"), acting by and through rhr Department of Housing and U[ban
<br />Aevelopment having a ..argional Office at 911 North Walnut, Kansas (at}r ,and
<br />State of AIi3SOtiri
<br />Vi 1TNE55ETE~SI~a~tppto secure the payment of an indebtedness in rhr principal amount of SlXteen Thousand
<br />Sight Htmdred 1DaRats (i 16,550.00 ), with interest thereon, which shall be payable in accordance wilt a
<br />certain note bearing even date herewith, a true and correct ropy of which, exriusive of the signature of the Mortgagor, marked
<br />"Srhrdule A" is annexed herein and made a part hereof, and dl other indrhtednns which the Mortgagor is obligated to pay to
<br />the Dfartgagee pursuant to the pzorisions of the Note and this Mortgage, the Mortgagor hereby grants, convegs and mortgages
<br />to the Mortgagee:
<br />T'he folloring described property situate in HALL County, Nebraska.
<br />Lot Eight (8), Block Nineteen (19), Original Town, now
<br />City of Crand Island, NE
<br />TOGETHER, with a8 appcrtrnances thereto and di Lhe estate and rights of rhr Mortgagor +n and to such property of is
<br />anywix appertaining thereto; all buildings and other structures nnw err hrrc+ftrr thermn ernted or installed, and all fizttsrp
<br />snd acacia of peaonal property raw or hcrcafter attached to, err uxd in, err in rhr operations oF, any such land, buildings of
<br />structures which are nrcuarq to the complete vx and occupancy of such build+ntes nr structures for the purpose foe which they
<br />were er art to be trtrtrd or installed, including, but not fimitcd to aH hr_ting, p3uR+b:ng, bathroom, fighting, cooking, laundry,
<br />rratilating. refrigerstiag, inainerarng, arsd air-randitioning equipment aad fxtures ar,J alt rrrlacements thereof and additi~s
<br />thereto, wCether or not the umr art or shall bt aitach.d to such land, bciL?mR< or struaurcs :n any manse[;
<br />TOGETHFR, with any and atl awards [sow or herdittr made fox rhr taking of the propertg mortgaged hereby, of asy
<br />cart ts+r;rnf (including any rasrmrnt), by the ezerrix of the paw~rc of +minent damsin, including asy award fnr change of
<br />grade c' any srrrct err aUser roadway, which awards are hetcby assigrrr~? t„ rhr Mattpagse sr~? err, drtsc:d a part of the prapt: ty
<br />rrcrtga grd herebg, aad the Mortgagor is hereby avthorirtd to colirrt anJ ;rrrivr rhr proceeds of wch awards, to give proper
<br />rerripis aad acyuittatua t§crrfar, and to apply rise ume toward the paymrns of the :ndcbtednrss xcnred by mu la(ottgagq sat-
<br />rithst:sdrn~ rite fate that the amount owing thereon my nai thrn 6r due an.i payabir; and the Mongagar beteby agrees, upon
<br />tcs#uas, to make, execute arsd drlivcr any and all assignments and rtlxr in:u+.mrr.ta svfSsirnt for rhr purppx a( assigning cads
<br />such award so the Mortgaget, fzcc, clot aad dixharged o{ asy mcumbram:s of any kind or ntnre whatsaevet; aad
<br />TOGETHER, with ill right, rifle and interest of the Mortgagor in and to rhr End lying in the streets and rwds is frost of
<br />anJ ad;dining rhr abort dcscnbesi land (a1i the above described land, bmidrngs, offset structures, fixtures, articles of personal
<br />property, awards snd athrr rights an.! inieresls beiaj hereinafter coikatirriy .allcJ the "n+arigagrd property"}.
<br />70 HAYS A::D TO HOLD rhr mortgaged pmpettr and tsar parr therm{ unto rhr lfartgagee. its snccttssors aril esagssa
<br />forever for tlx perpoxs aad ears herein xt forth.
<br />,;~iiD the Aiortgagar further ,ovcnants and agrees rth the Mor',gagre, as follows:
<br />_. The Mortgagor wit; pr;,:optly pay rhr prinripa! M and inrerest nn she indebtedness evidenced by the Note, and ,il other
<br />charges and indebtrdaru praridrd therein and in this Mortgage. at ihr times and in the manntr provided in the Note and la
<br />this Mar gage.
<br />2. The Mwxjagor viii pay whrn due, as hereinafter provided, all ground rrnta, if any, and at! razes, assessments, watts
<br />rates aad other ;aatxamen^a3 charges, j:rrs :ad imfasitioas, a{ curry kinJ and nature whatsarvrr, now err htteafter imposed ou
<br />nc~ martg+Frd property, or an3 part thrtaf, and will pay whin Jue eveey sm~aunt of indebtedness secured by any lien to whirls
<br />the lira ~ this lfnrtgsgr is csprrssly sabirrt.
<br />3. This M,.rtgagt aad rhr Note vote ezrcuttd and dtlivrttd to xrure m.~ncrs utvarced, nr to bt adnnced, by the Mortgagee
<br />as or as arcaunt of a loan rt9drareJ by rhr Not[, for the pnrpax of making rhr improvements dextibed of referred to is
<br />tfx specification and bid street dated March 19 19 ]9 , to r:r an rbe
<br />zsmrrgaged prwperty, aad for wch otter. pvrpox, if any, described at referred to therein, which im roremroU are haea(ter wlkc•
<br />2lrely Called '!m p
<br />prvvemests.° ~ Afartgagor shalt make or oust to 6e made all dse Improversxaa- If the consaucYioa or
<br />insulfatioa of tare Improvements shall sot br tattled oat with rnsonahle diliRrorr, or shall bt discrsatiaued at any time foe
<br />srt7 reason, When than strikes, lockouts, acts of God, fits, floods or other similar cahstrophia, riots, war or insurrection, the
<br />ldnrtgagee afro doe notice to tlx Mortgagor is hereby sutlsmized (a) to enter upon the mortgaged property and employ any watch•
<br />tarn to protect elm lmpro-ements from depredation or isjnry and to preserve and protect wch property, (b) to carry out any
<br />or-aN then existing rtmtrtcts be:xeea the Mortgagor aad other parties for the purpox of making arty of the.Improrements,
<br />{t) to make and rote[ into addition) coairuts asrl inter obligations far the pnrlxsses of completing the Improvements pursuant
<br />to the obligation of the Macsgagor hcreuader, eitbet is the name of the Mortgagor or the Mortgagor, and (d) to pay and discharge
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