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LOAN NO. 2.1.0SL'riZCri "'MORTGAC'~E AND SECLIR4TY AG'REEME:vT"
<br />KNOW ALL MEN BY THESE PRESENTS
<br />THAT DENNIS ~E. ROBERTS and LINDA S. ROBERTS, husband and wife;
<br />each contracting in his own right and as spouse of the other
<br />of the County of HALL - and Stara of Nebraska, mortgagors, in consideration of the sum of
<br />TWENTY NINE THOUSAND SEVEN HUNDRED "ND NO/100ths--------------------(y $29.700.00 )DOLLARS
<br />Fhe.roceipt whereof is hereby acknowledged, dp hereby SELL AND CONVEY to State Federal Savings and Loon Association, Beatrice, Nebraska, mortgagee,
<br />the following described real estate situated, in HALL County, State of Nebraska, to wit:
<br />Lot Three (3) in Block Ten (10), in H. G. Clarkts Addition to the City of Grand Island,
<br />Mall County, Nebraska
<br />- -_ together with all buildings, easements, improvements, fixtures or appurterwnces now « hereafrer erected thereon, includirg, all apparotus, equipment,
<br />fixtures or articles, whether in single units « cenfrafly controlled, used to wppty hoot, gas, air a«tditiming, water, light, power, refrigeration, vanti(atim, -
<br />dishwashing, dispaaal, «wher services, and any ether thing now w hereafter therein «therem, +he Famishing of which by laason tc lassoes is customary err
<br />- ~ appropriate, including screens, w{ndow shades, storm doors and windows, floor coverings, screen door; inw-door bads, awnings, stoves and water heaters (all
<br />- 7 - - -of which ore declared m be a part of said rani estate whether physically attached thereto « not). The Mortgopee is hereby wbrogoted to She rights of -ail mar-
<br />. a. fgagaes, lianhatders and ownen paid off by the proceeds of the Loan hereby secured. This mortgage crositutes a security agreeatant with rasped ro iM chatteb '
<br />- covered hereby and with respect to the fixturm attached tv the above dxuibed real estate in which mortgagee has on and{nary security iwtarest, _
<br />TO HAVE AND TO HOLD the said pcoperty, with said buildings, easements, improvemenh, fixtures, appurtenmces, apparatus anal squiprrwnt, unto mid
<br />- M«tgagea, its wccscson and ouigns forever.
<br />. The m«fgegws represent and covenant with the mortgagee that they are lawfully seized in fee simple of said premises; there thry hove good right and lawful
<br />-- - - authority to sell and cmveytha mme; that they «e froe and cie« from eneum6swtees; that them oro no outstanding security interests against any ii xtwas; cad
<br />_ tho! They will wnrrmf and defend the title to mid promises against the claims of all parsons, and that there ore no ouhfanding saeuriey intarash m fa any and all
<br />- ~ -- p# the above descrttnd fixtures. -
<br />- - - -PROVtDE4, always and these prennts era upon express condition: That, Wharam the mid mwtgagon Nava thi: doY axewted and delivered to -tfta mid - -
<br />f Atecefatian, one certain Ln t _, ' - n ttf the nova cansidarotion, which sum with interest m provided 6y mid rsata of arty mutuaE enodifta^rim ataxtansitas -
<br />. ~ ,_ , thereof, and all wma whi _ fan t~w~l~.pa'd~t funds far texas, irsuranca w rapahs oa the progarty onyaibad herein, ar futu~ta amdt advasaa- -
<br />; s+antr atada by tna mortga~a+~' agm ksi asrria~ggE'+ie.~ tie, far any pinata at oay lima ba#ara the raEarsa zasd carsoaF IN.an of this rtsart~a ~rovid~
<br />° - - ~ ifs tfL. mtd pdvart ~t ~~ tts the arin~f due IN tt+a times of titer mld adtrunssreerttF s#raf t net exceed tt„~ arnitwt me4!rot eF tFra - :-.
<br />£ ---and, ptavidcd fsu.her, that r~}'h'ro'iaTn~rttomsi - redm!imtting the amounts Chet shall ba sacuro$ ftaraby when aavarxeef .a prateat the smssrrttir -
<br />_ ~ --- =--err-trs ~o_ard~tc th tna ~ve~ts canta;ned `trare.n; stmt! c~utttu7a -rho ve`vt awt,u. tc xi{ss .,amcio - - mtd by sa - sd err: ~r~g¢%s.?rr3a.i~ ;s.~_<. sue, __.
<br />rd nary as
<br />- -- E - .debt and interest to the Associafim in monthly instalitttents as orov{dad in mid ode of even date herewith. Unless mssfif{ed err extended, the firmt payment h dtn -
<br />_--y_ __._-_. -._ _ - -- - _. - -. - _- -..- __--____ _______- _-___-__
<br />300 mantle from data.
<br />Martgogon further agroa to pay, bsf«e delinquency, the wms secured haraby, and all taxes and charges of awry cMractar guested « now due, undas
<br />fM Ives of Nebraska, upon mid real estate, std upm this m«+gcge w Fha note err debt secured hereby; to keep the buiidirsgi upon mfd premises tnwrad Ear fire
<br />std axtandnt coverage in :ome company a compmias aaaeprab le to m«egagae f« m amount oat Tess thm the value of the budding, m dstasmined by the m«-
<br />tgesgaa « the unpaid ttalonca of rho loan, whichever is Iasi; to keep all improvements in good roper and cMditim, without waste during the life of this m«gapa;
<br />wtd to permit mortgagee err it3 agent to arttar upon said premises to examine the condititxr of mid improvartsgnN in order to anion complimrs herowilh.
<br />Shatsld dafau{t be made in payment of rho sum secured hereby, « arty part thereof, and said deftwit cpntinus far sixty (6t?} days, « dtaufd mid iMtRresae
<br />not ba promptly effected, w texas err asseumeny etM he paid bef«s dalirsquancy, or default in any of ti+a Lama of the note f« which this mortga4i7e is security,
<br />t or said prope.RY :rsid err truns[enrd by dead, eantrssct, epricn, a,:~assrtt, « INhemfa, wSh'xx;t ~ruvc! d a wpp{arrxntal apps{:ctiea fps usrv~t{«e a[ this etas-
<br />egage and the debt evidenced Char eisy, by the. AssoaioHm, « .n case of failure to duly observe and 6a govamad by the provision and ~conditiarsa u{ the Charter,
<br />~. qy-laws of sold Asmciorion, and rules and regulotiom of The federal Savings and Lam System, « if irnurad 6y martgpga frtwrmca c«p«pt{«a, se pay to add-
<br />~ iHan at the oprtext of the Aata~iptir~s, the pramtutm tot said t€ewronco, er the dia~,rery 6y rho Associatttrt, or t+s off{cars, thIN qty of the statessertts cansatned
<br />in the appllaatim f« the tom executed by martgagcrs era tofu, err if a tux !%en, addiitmpl mortgagor ~p{mntci lion, « ether maustbrmca h f11sd ~ record
<br />which imposes o flan against the aivsva dncrfpad rant estate, rhert tMn whoka of mtd issdabtadnass reawsininp unpaid shall at tfte optim of lase mtd Rssoctotian,
<br />become due wtd tmyabla without nott<a, ftma being the nuance of this eoMrod.
<br />- Should m«tgaacvt tali to keep the buildirsga inwrad, m itenin apraed. « {sit to nay rani estate taaln told spacial auattrttanti an the mid m«tgaged pra-
<br />__ _ _
<br />- pally baFaa doiistgsaancy, mprtgagea mny macs said'i+twrmea, pay Fans and tnwrmca {wemfums, and oft wch pnymanM, with interest m provided in tits Fint
<br />- %- mRrlpaga nWe xeutad !~y this ~rtgitga, skn!# }~. a )fen upon mzd prssm=see orxf rocizax! harsFny.
<br />e -- The m«tgag«s hereby swltrqutsh alt hatnastes«t cad rnriritnl rights a( nwsw triad in and ht the mtd premises.
<br />- -:__~~ ~ - - Fw the pur)sraa of famishing further sacuriy fw tits debt sactmad haabY, the m«tgagors tweby v~ign, tr«afm and eat aver ro tM martgogaa, to be appifed
<br />coward the poyrttant of the twee amt oli othsv trans secured herg4ry, -in coo of a datpuit in the perfpratmae of my of the terms and condfNom of this maegage w
<br />the mid Hate, all the rent;, tevenun, std inccvea to be.derlved freest the mw':gaged practises d~trp wch time as the mwtpage lndsbtadnets shall remain unpaid:
<br />~- and the rstortgagaa shot) have power eo appoint any agart; a agarNS, it may chain for the puryaw oi' repairing mid premises and of renting the soma and calla<t-
<br />ing,the reads, revenutp, and income, and it may pity put of mid {neama oil a,psaeaes ~ rapoitirg mid pramisat and neaets«y iwrmtissims, .and expames focussed
<br />to resisting and nsmsagirgi the soma, rand of coflad'rng renrnh therefrom; the bofmat remaining if my, toix appiied~taw«d the dtsohorge of mfd rts«tgage {nde6tad-
<br />;,_ ~ ~.- nits. Martgpgae shalLacsaun! fat rants oth}oliy aslteat ed and oaf for the rerdat value of mid premises,
<br />-. - - If the indebtadaes+ saaared hereby ba~gvarattaad w insured under the Sarvicgman't &aod"}ustmant Ad, m amended, wch Aat and Regulations issued thero-
<br />under end in affect m tiro data 4xrea# shall gavem the rtgf't, duties and-ttibtlitit~ of ^he paellas parole, and any pray=sicns of this err ether instruments axeauted
<br />~. fn ~n-necttort with .s,d tndatttarbs:ss whf~t oils tssa~is*ant wfttt said ~t tr Reg*~tr~ipss s~ hlraby osnortdad to cenfam tharcie.
<br />s
<br />~ The terra used ro des{gnats any of the parffm h~rotn shall be deemed to include the heirs, representotfves, wccaswn and ms{gns of said parties, and the
<br />-term "Mortgagor" spoil aim include my lawful owrar, holder or ptadg« of my indabeedness secured hereby, - _
<br />L-9 Rav. 7-75 (tumble)
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