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<br />MORTGAGE __ _
<br />- MORTGAGE LOAV NO. L 23 , 572
<br />KNOA'ALLMENBYTHESEPRFSENTS:That CENTRAL NEBRASKA ASSOCIATION FOR RETARDED CITIZENS, A
<br />Nebraska nonprofit Corporation; Charles E. Hoffman, President and Vera M. Reddish, Secretary
<br />-----Mortgagor whether one or more, vi consideration of the cam of
<br />Twenty-nine Thousand and No/160--------------- --- -------------- mLL,~
<br />lo~ltcd w said mortgagor by Tfie EGui[abk Building sad loan Associatiaa of Grand Island, Nebra~a, Mort~gee, kwon 290 shams of stock of
<br />ASSOCIATION, Certificate No. L 23 r,72 , do hereby grant, wnrey and mortgage unto the said ASSOCiATtOIV the following
<br />des°~ tes1t estate, situated in Halt County,'Febtaska:
<br />LOT TWO (2) IN BLOCK FIVE (5) IN EVANS'
<br />ADDITION TO THE CITY OF GRAND ISLAND,
<br />NEBRASKA, AS SURVEYED, PLATTED AND RECORDED.
<br />together adih a6 tg trnemtntc, greditaments and appurtenances thereunto belonging. including attached floor coverivgs, all window anew,
<br />wintbw shades, 6Bads, storm wrnduas, awciogs, gating. ai; atwiitionhig, an3 phwbivg and water equipment and arxe~ories lgreto, pumpa,stova,
<br />rdrigaators, and other fnttwex a~ equipment now or hereafter a[tarhed to or used in cmeneetioa with said real estate.
<br />Aed whethu the said mortgagor loos agreed and doa Icereby agree drat the mortgagor shall and wiB pay all tea and assessiffints kvisa or
<br />~ upon said premises and upon Ibis mortgage and tg Iron secured :tcereby before tg sauce shall become delinqurnt; to furnish approved
<br />irssmana npov ttte buiWm' gs on said premises 9tuatedin L'te sum of S 2g s DQQ. DQ payable to said ASSOCIATION attd to deiira to said
<br />ASSOCIATiQN the policies for said insnraace_ x~ not w commit or permit any waste on or about said premises-
<br />!A me d de#anh in the perfarmanae of any of tg terns and conditions of this mortgage or the bond secured greby, the rrioF~tgee shall,
<br />oa demand, be entitled w immediate posseseon of tg +^.ortgaged premises and tg mortgagor greby aligns, transfers and sets over [o the
<br />taortgagee all the rents, resenua and inmmo to be derPvsd tram the mortgaged premises dicing such time as ttx mortgage indebtedness shag remain
<br />tmped: sad the martga~e s1taB bars ti-.e power to appoint any sgrnt or ageuts it may desire for tg purpose of repsiriag aid premises and tenting
<br />tBe oar and ooBcetittg the rents, revenues and income, and it may pay oat of said incovte a!1 expenses of rcpaviag mid premivea std neamaty
<br />a~ expetnes incurred in :eating and rasaapog !g same and of calkctirg Tennis thsrefrom; the b:lance rerminirig, tl' any, to be
<br />appfmd towed the disdurge of said mortgage indebtedness; there rights of tg mortgagee may g exersia-d at any tune doting tg existence of suit
<br />ddaah, irra,xctise of any terapneary waiver of the same.
<br />Thee Prescvts, hoaxvrr, are upon the Condit»n, Thu. S tg said Mortgagor shalt repay said loan on w before tg maturity of soul shoes by
<br />payment; pay men[hty to said ASSOCIATION of the srim spedl'ad in tg Bond secured greby as interest avd principnt an Sid loan, on or before
<br />the 14~eatiet6 day of udt sad every month. unU7 sad loan K fully paid; ley all uxa and ~~nis levied against said prttnixs and ~ this Mortg~e
<br />and the 23osd xiYrrtrf thereby, before deilegaency; Tarnish approved iasuraOCe upm tg bwlai~s tbsteon is tg srtn of S 29 , 000.00 t
<br />~ aid ASSOCYATtt)N; repay in said ASStIClAT1QN upon demand all rmrey by it paid far such taxes, asssitnwn and insitnnce with ivtaat at
<br />the imazeama~a legal rate ib.-.rrnn fzom date of payrnent aB of whidt Mwtgagothcreby agrees to pay-permit no route oa said premises: keep and c~pty
<br />arit§ ~ ~ its smI conditions of tIx Band for 3 Zg , 000.00 ttro day gives by the said Martggor w said ASSOC1ATli'Ni, sad Y
<br />with ~ ibe regstvetaents of xhe Constitution ~ By-liwa of said ASSOCIATION: rhea these preaeats shsB become null a~ void, othenviae they
<br />3sg rt~tin ~ fall force scot may tX fo;et]ossd at the option of the scut ASSOCLATION after faiitue for three month to stake avy of slid
<br />pnymmta err be three months in arrears in msltiag sad monody payments, or io keep and couipiy with rite agreements s~ conditions of said Bond
<br />and 3dOrtgsgcv agcces to have a reccisrr appointed forthwith in s»e:h fotedostne pro,xedicigs_ '
<br />accrued dodi, at ~ of'/ p of €he rut estate mortpged tserein. 6y tale or otherwise, thm the evtite tetruiaiag indebtedrm berahy
<br />optioe Egttitabk $uikLing atw Lam Associat~t of Grand Island,ivebraska,become ittmtedately doe std payable witltoat
<br />fetlrer nofia, and the amwmt mmaining dtce tinder saw band, and auy otl~r band for any additions! advavoes mrdt thcretmder, shalt. from the
<br />eF~ ~ aca'dse of said aptiov, bearaticitst u tg maximmo leg! rate, sad this mortgage may tlxn 6e Iarerlosed to tatisf'y the anroimt due oo said
<br />bona,aad tiny other bond Ear additimtf! advances, together with aB ~ paid by said The Equitable Beiad'mg sad Loan Anoaatien of Graff Ldwd,
<br />Nehaalra for irx, taxes sad asaesvnents. and absrartitig extension rharga. with iatcrest
<br />~ ram thereon, frota date of payment st the
<br />A: paorded is the Bood sc~aed tiaeby, $trik tlm mortgag remains in effect tg morrgagu may laaafter advance additiaoil stmu w the
<br />~ sale anad, their assigns ~ sucaaarx err mieresi, whirdr sums shall 6e within the security oT this mortgage t!u same as tg ftmdt arigimHy
<br />>ca>ad thereby, the total amoimi of printtipal debt nor to exmed at arty time the arig;rtal amount of this mortgage.
<br />Dttrtttd the 3th day ~ October A. n., t9 79
<br />r~ d P
<br />es man si en -`
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<br />Yera 14. Reddish, Secretary
<br />~~.~
<br />_~,~ as. Oathia 5th day of October 1978 ,bettrrema,
<br />- the ruderaigocd, a Notary Public in sad for s.id County, peraoa:liy came
<br />f,1es 1. ice, Aresi M. Re~dish; Seeret>~ry,-for ~t~ CENTRAL Kato
<br />~IATi{R+1 ftTR RfTAi~D G S, ~ aka nonprofit.COrporation are
<br />tae ~ be the i penmg ~~S are:',; ; _ to the above it~ri®eat as mortgagor s and they aevenlly
<br />at]<aoaabdgedtLe.aidits6rrraaenttobe _,~"F~1' rtrlaadarga& aced. ~ ~~ ~ /y~-
<br />r-raasru k''4k. ~~ £{~~~ .,.~ =~~,'Tt )~ NotaryPnbttC
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