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i <br />a9- <br />MORTGAGE _ <br />MORTGAGE LOAN NG. L 23480 <br />IO•IOWALLMENBYTHESEPRESENTS:That Mylus E. Robison and Constance M. Robison each in his <br />and her own right and as spouse of each other <br />Mortgagor, whether one or more, in consideration of the sum of <br />Fifty Four Thousand and No/100--------------------_-----------------------------------IbLLARS <br />Maned to sap mortgagor by The EquiUbk Btilding and Loan Associatior. of Grand Island, Nebraska, Mortgagee, upon 540 shares of stock of <br />sap ASSOCIATION, Certifiate No. L 234UQ , da hereby grant, ~nvey and mortgage unto the aid ASSOCIATION the foilowiog <br />dest74hed real elute, situated in HaB County, nebraska: <br />LOT TWENTY-THREE (23) WHITES SUNNY SLOPES SUSOIVISION, IN HALL <br />COUNTY, NEBRASKA <br />tobether w8b all the tecetrrents, Mttdiumenu and appurtenances thereunto belonging, including attached floor cavervrgs, all wpdow screens, <br />r®dow sFades, blinds, storm witdows, avvuirrgs, heating, air mnditianvrg, and plurnbieg and wafer equipment and acoessoties thereto, primps, ssoves, <br />retrigentocs, and othv futures and equipment craw or hereafter attached to or used in n nnectiun with sap real csuie. <br />And vhveas tM said rrgrtgpgor has agreed and does hereby agree that the rrrortgpgor shalt and will par aB taxes and assessments levied tx <br />assessxd upon raid prcmees and upon thu mortgage aad the bond secured thereby before ttx same shall bemtne delinquent; to furnish approved <br />iassrario: upon the buitdmgs on said promises atuattd in tfie sum of S 54 OOO OO payabk to said ASSOCIATION and to deliser to said <br />ASSOCIATION the polices for said i*csccra*4.: and r:ut to commie ur permit any waste on or about aid premiers; <br />!n case of default b the performaztce of my of the terms and cronditions of this mortgage or the bond secured hereby, the mortgage: shall, <br />oa demand, be tntitkd to umnedate possession of the rzwct~ d prrmises and the mortgagor hereby assigns, transfrrs and sea oser to the <br />mortgagx aB t!r tents, revenues gad income to be derived from *he mortgaexd premises dru"ing such time as tht rnurlgage utdebtedrca shalt rermm <br />istipeid; and tM rnortgagec shag have the power to appoint zny agent ar agents it may desire for the purpose of repairing aid ptemisrs and renting <br />the arse and oeBe~iag tM teats, revertues and iacoroe, and it may pay out OF aid irrmme all expcersts of repairing said premises and accessary <br />rnauni>siom and ttgsenas incurred in renting and matngeag tht same and of wlkctitig renta6 tMrefrom; tM bahnce retraining, if any, to be <br />applied tow•a:d the disdsa~gr of aid mortgage indebtedness: these r~l;ts of the rttortgagee may be cxvcixd at any rune during the ezisscoce of srrch <br />dcfardt, i!'tespettive of any iertrporary waiver of thr carne. <br />These Pteseeu, however, arc upon tht Cordition, T;vi if zlx card Arc=: tgagor sha!1 repay surd ban on or btfore thz maturity of ad shares by <br />payment: pay monrtily to aid ASSOCIATION of the sum sprafied in the Band secwed hereby as inicres[ and prin~pil on aid town, on ar before <br />t~ Twentieth day of each atd teen" month, unlit aui ban is frdh" pap; pay all axe amt assssnrenu kvied against aid premises gad on this Mortgage <br />and the Bond secured xlrrebv, before delurgocrrry; furnish approved irnxrran~ upon the buildvrgs [heeeon in ihr sum of S 54 , OOO.OO payabk <br />i3 ati ASSOCIA icMi': repay to said ASSOCLA'PivN uprm detrrrrr d an ax~rizr br ;t peal feu sudr iax;s, asscmoeats and uuttrance with iaterest at <br />Ilse maimrnrr kpl rate therms from date of payment ail of wi>sdr Mortga~r frtreb) agrees to pay : permit no wage on said premises: kcep and mtrrpty <br />sv#h a6 the ageements and eanditions of the Band for S 54 , OOO. OUthis da}' given by the ad Mortgagor to said ASSOCIATION, amt comply <br />swih ail the requircm®ts of the Canstuuzirvn aad By~.avrs of said ASSOCiAT10N; then then prestnes sha?I becotnc auH and vop, otMrwlse they <br />shag regain m fuG fora gad any be foreclosed :t the opt;an of the ad ASSOCIATIO`: otter tzilure (ar twee tnootM to make any of aid <br />ptym'rsis w be thrct trtanths in ancan m makvrg said tnantltly paytrents, ur to keep anti camph with ttre agrettuerts and eonditiom of said Bond; <br />gad llaatgspx ogees to have a rctttser appointed farthw9th in suc4t forcrktsure ptuaxdtrrgs. <br />!f thvc it any m aruership of the teat csiate mnrtgtsged herein, by mdr ur otirrwise, than the entity remaining indebtedttexs hereby <br />tncsaed sfak, a! the opti-m of 7br EQttiubk Su"F3irrg and L.osn Assocratiat of Grand lsivd, Nebraska, become uvmediatdy due and payable svitisout <br />fipi.Mr mticc, and tM amrc cot remaining due utsder sap hoed, atd m) other bond tot any additional advances «t~e thtreurder. rhaB. from the <br />dart of ezurae ~ aid option, {scar iatvest at the araximr>m kga? rxic, and this n~rlltage may then D< fote3osed t4 atisfy the amount dtr oa aid <br />burd,and gay tMha tsyad for additira? ad~ms, toget~s ei~ s! arms laid by aid 77r Egtuiabk $uddizrg atd t.oan Asszeiatian otGaad Island, <br />Ne3raka tta >asairsra, razes and ~~+~^*r, and ahuraetiog cztemion rharEes, with m[vesi thereon, from date of pavtneni at the maximum <br />>~ ~. <br />As psovidcd m the Band secuued Yscrrln, wliik this mortgage rettaans m m'42ct the mortgagee gay hereafter advance additional sums m t!t <br />mr~eas of sad Bond, iheu asvpu cx xu'reessoors m mtcrest, artri3r emu stall M w ithir. tine srcvrity of this mortgage rbe satin ss the ftmds origoxaDy <br />ew+ad thueby, the total :mrnsot r}t principal debt net ro cxxed :t an) tune the orignal srr,ourrt of this mortgage. <br />fA~+d the 18th d:; ~f .vul Y A. fl., tu79 <br />Constance M. Robe can <br />Si'AIEI~SI~' ~ az L7d t:mx i ~ th day of ~ U1 y 197 g .before mc, <br />ibe urdestiyied, a Notary Public p gad for said County, personaQy came <br />Mylus E. Robison and Constance M. Rtabi spn, each in his and her own right and as spouse of <br />each ether _~:- ~--,,, wh° are pernnally krtawnm <br />a m be the ideuioi peatra5 ':, ~ sftiud m the above instrument as ttmtgegor S and they Frilly <br />adcooabdgd the aid iratneasmt m }e., ~" :tif~.~ r- .,`yg~ ma dctid. <br />wTNl~s my oSetl~the rG~eaid. <br />My cn~itaton tt j~e" .a ~. `~ Sri _. i <br />t; ~~ ~~ <br />~. -- - <br />anas a - Notay Public <br />