|
<br />'~vA"~~ GI'.;9 unrnar~ied
<br />of the Counkq o- HALL and State of "'+E$RtSK.A. h$reinafter called the Party of ;he first Pare, in
<br />- THIRTY rIYE TH=D'vSAJD 4:D ::"JO!I00----------------.-------_------___---=DGLLAES,
<br />cansiderattaa of
<br />in hand Paid, do hereby grant, bargain, sell and convey uma the Home Federal Savings k Loan Association ~ Grand Island,
<br />Grand Island, :febzaaka, and its successors sad assigns, the follaering real estate, sitaated in HAL L
<br />County, Stata of NE$R.ASKA town:
<br />i L6T r'IFTEEN (I5), I[~! $LOCK T't10 (21 $RENTVlC~D SU$DiYISION IN THE CITY OF GRAND ESL/4"ID,
<br />HALL COUPdTY, NE9R.ASKA.
<br />Together with ail the appurtenances thereunto belonging. and all covenants in all the title deeds *~n:~v with said real estate, --
<br />and sit the rents, issues and profits arising therefrom after default in perfa_~aace of any covenant or condition herein. con-
<br />tained; and warrants the title thereto Perfect and clear except for this mortgage. ,
<br />nuri~ tha time this me_rtoage ~ ~ ford the mortgagors agree:
<br />First. To _~ay all tales and special assessments levied against said premises, including all tales and assesamerrts levied
<br />upon this mortgage, or the debt secured by this mortgage.
<br />Second. Ta keep all buildings thereon insured against loss by fire. lightning sad tornado in some rnmpany, to be ap• --
<br />proved by the said Home Federal savings & Loan Association of Grand island is the sum of g ~ nsurab le va i ue fm.
<br />the benefit of the said AssociaUan, sad its successors or assigns; and to deposit said policies with said Association, and shalt not
<br />commit Qa anffer any waste on said premises, and shall put and keep said real estate buildings sad improvements is good
<br />order.
<br />Third. To pay or cause to be paid to the Home Federal Savings ~ Loan Association of Grand Island, its successors or
<br />assigns, the sum of ; TH 1 RTY FIVE THOUSAND A~dD NO/ ! 00---------------------------------DOLi,ARS,
<br />payable as follows:
<br />;.3F,Ov:,.00 D:;~ A;!vL'ST ! 9$0
<br />~~ +-.a ~t~ ,~~~~ss riling t^ ~:,~ tenor :nil :.r=ect of =he :.ne +~=~i*_+ f;~ ,nog¢,s.> i ~ .~;d ~ ~Ag,~,s,
<br />~~r,~}~~ `:eta ~e~,-:~~~ ,~-~s~„e4 e~}~ ~r»r;~ ~d Ord dr$ws interest at the rate ~~"~r-tea cent per anmam_
<br />If~saidltases and assessments are sat paid wi.en due, or if the buildings on said premises are not fasut~d ss above pro-
<br />vided, or if any of said Interest is not paid when due, then said wh le debt shall become due immediately, at the option of the
<br />said Association, and shad thereafter draw interest at the rata of~& cent per annum.
<br />The mortgagor- hereby asaign~ to said mortgagee all reams and iarnme arising at any and all times from said
<br />property and hereby authorize said mortgagee ar its agent, at its option, upon default, to take charge of said Property and
<br />collect all rents and income therefrom and apply the same to the payment of interest, principal, insurance premiums, taxes,
<br />assessments, repairs or improvements necessary to keep said property in tenantable condition, or to other charges or pap-
<br />meats provided for herein or in the note hereby secured. This rent assigwtent shaIl continue in force cntil the unpaid bal-
<br />ance of said note is fully paid. The taking of possession hereunder shall in no manner prevent or retard said mortgagee im
<br />the collection of said sums 6y foreclosure or otherwise.
<br />QPhether said debt becomes due by lapse of tune, ar by :cason of fhe fail~:re of the party of the first part to comply
<br />-with any condition herein, the said Home Federal Savings & Loan Association of Grand Island, the successors and assigns,
<br />shall have the right to begin the foreclosure of this mortgage at once on the whole debt hereby securcd, and to include
<br />therxsiu all taxes, sssessmeasts, insurance premiums and casts, paid by it or them; or said A~aciatioa, its successors or
<br />asdigna, .may foreclose only as to the sum past due, without inaury to this mortgage, ar the displacement or impairment
<br />Of the lien thereof.
<br />-And the said furet party and the makers of said note, especially agree and declara that the separate estate of each and
<br />€~f tlt~ iTM~~tsding both that now owned and that hereafter aceuired, s pledged and bound far the payment of
<br />-the debt hereby secured.
<br />Af[er-the eommeaeement of any suit in foreclosure the plaintiff therein shall be eniitied to the immediate possession of
<br />said premises sail the appointment of a receiver therefor, notwithstanding they may be the homestead of the occupant and
<br />notwithstanding the parties liable far the debt may be solvent, and the Brat party hereby consents to the appointment of a
<br />Bec~iver upon the-praduetian of this iadentute, without other evidence.
<br />17ie faregoiag sondiEioas and a8reemeats, a~Il and singular, being fully performed, this conveyance shall be void, other-
<br />wise to be sail ruin is fall fmrx sad affect.
<br />• Signed this 25th a.y J u I y D. 79
<br />Ia grasence of ~
<br />
|