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<br />MOIfoTGAGE __ ___
<br />- --~_~_~~, -, - T_=_~_...__-.~_._..-, ---~_~_~_ ltIORTGAGE tAAN NNO.~~ 23,b36 -~~~
<br />tarawaLl.~f~xsr~Ii~sr•.rRFS~NTS:That Robert D. Horky and Christy J, Horky, each in his and
<br />her own right and as spouse of each other,
<br />--- Mortgagor, whether one or arc, in consideration of Lire sum of
<br />Sixty-Four Thousand and No/i00------------- ------------------------------
<br />tx)LLARs
<br />loaned to said mortgagor by The EGuitabk Building arzd Laan Association of Grand Island, Nebraska, Mortgagoe, upon 640 shares of stock of
<br />said ASSOCIATION, Certifipte No. L 23,636 , do hereby grant, convey and mortgage unto the said ASSOCIATION the foIlowiaig
<br />descn'bed real estate, situated in flab County, Neb+aska:
<br />THE NORTH HALF OF THE SOUTH HALF OF THE NORTH HALF OF THE SOUTHEAST
<br />QUARTER OF THE NORTHEAST QUARTER (N~-2S~V~E~VE;) Of SfiC'fTt~f FOUR (4)
<br />IN TOWNSHIP ELEVEN (11} NORTH OF RANGE NINE (9) WEST OF THE 6TH P.M.,
<br />HALL COUNTY, NEBRASKA, CONTAINING 5 ACRES MORE OR LESS.
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including attached floor coverings, all window screens,
<br />. winnow shades, blicds, Brame windows, awnings, heating, air conditioning, and ptu+nbing and water equipment and accessories thereto,putrt~, stoves,
<br />- mfiigera[ots, and other fixtures and equipment now ur hereafter attached to or used in mnnectt~n with said rea- estate. -
<br />And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay aU faxes and assessments tevicd or
<br />assessed upon said premises sad upon this mortgage snd the borsd secyy~~ d ittglebx jtefore the same shall become delinquent; to furnish approvEd
<br />insurance upon the buildings an said premises situated in the sum of $ i3~, UUU UU payable to said ASSOCIATION and [o deliver to sai3
<br />' ~ ASSOCIATION the policies for said insurance; and net to commit or permit any waste on ar about said premiers; -
<br />In case of default in the perfomtance of any of the terms and conditions of this mortgage or the bond sec+ued hereby, the mortgagee shall,
<br />on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor t+ereby assigns, transfers and sets over to rtes
<br />mortgagee all the cents, revenuts artd income to be derived from :he mortgaged premises during such time as the tnoctgage indebtedness shag n:main
<br />unpaid; and the mortgagee shall have the power to appoinE any agent or agents it may desire for the purpose of repairing said premises and renting
<br />the same and mitecting the rents, revenues and income, and it tray pay out of said income art expenses of repairing said premises and netxaary
<br />commissions and expenses incurred in renting and managing the same and oC collecting renters therefrom; the balance remaining, if any, to be
<br />applied toward the discharge of said mortgage indebtedness; these rights of the mortgagee may be exerrsed at any [ittx during the exiuen+x of such
<br />- default, irrespective of any temporary waiter of the setae.
<br />- - Tt+ese Presents, hou~ver, are upar. €ha= Condition, i hat if the said ~4fortgagor shall repay said Eoan on or before the maturity of said shares by -- -
<br />payrucrt; pay monthly to said ASSO(7ATIt)N of the sum syecified in the tkind secured hereby as interest and principal on said loan, an or before
<br />the Twcmielh day of each and every month, until said lawn is fully paid; pay alt taxes and assessments levied against said premises and on this Mertgage
<br />and the Band secured dtereby, before delinGuencv; famish approved insurance upon the huildings thcnor+ in the sum of 3~4 s OOQ • 00 payab~
<br />w nS.;£#'ta.TlOh ; repay za girl SSG'fATiOiv u,-grin demand alt trmney 6y it paid far sur:h faxes, assesvnents and insurart~ with snterzst at
<br />the maximum legal talc thereon from date of payment all of which Mortgagor hereby agrees to pa_y; pemti[ no waste on said grcmises;ktxo and oornpty
<br />_ _ _ with _at) the agreements and conditions of the Bond feet ~ Fj-4 ~QQ, QQ itvs day given by the said Mo~t¢~tgor.LQ.sa~ ~1~SOCtA110N~ art m~ly-- _ -
<br />- with alt the requirements of the Constitution and By-taws o~said ASSOCIATION; then these presents shall become null and void, otherwise they
<br />shall remain in tole fortx and may be foreclosed at the option of the said ASSOCIATION after failtue for three months to make any of said
<br />payments or be three months in arrears in mak[ng raid monthly payments, or w keep and comply with the agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receive`t appointed forthwith N such famlos+uc proceedinwa.
<br />If there is any change in ownership of the real estate mortgaged heroin, by ale or otherwise, then ti+e entire remaining indebtedness hereby
<br />secured sha8, at the option of The Equitable Building and Loan Association of Grand Isisnd,Nehraska, 6ewrr+e immediately dtx and payable without
<br />further notice, and the anwunt remaining due under saint bond, and any other bond for arty additional advances made thereunder, shall, from the
<br />date of exercise of said option, tzar interest at the maximum kgat rate, and this mortgage may then be foredosed to satisfy the tutwunt dtu at said
<br />bond, and any ottrer bond fur additional adratt~, together with a8 sutt~ paid by said The Equitable Buiidirtg and Loan Association of Grand Island,
<br />Nebraak, far insurance, taxes and assess+nents, and abstracting extension charges, with interest thereon, from date of paytaent at the rttaximum
<br />legal rate.
<br />As provided in the Bond secured hereby, while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br />makers of said Bond, their assigns or sac ~;essors in interest, which Bunts shall be within the security of this rnurtgage the same as the funds originally
<br />secreted thereF,y, the fatal amaunf of pri+ecipaf deft not to exceed at any time the original amount of this rmortgage.
<br />voted ~ 21st day of November A. n., 19 79
<br />,` - ~,~~
<br />-or j;
<br />ri s y
<br />..,STATE OF NEBRASKA; ~ ss. On this
<br />'COUNTY of IIAI;L
<br />Robert 0: Horky and Christy J. Harley
<br />each in his acid .her own ri a
<br />:..~ ~-• Purr .'
<br />me to be Fite idetititxl per~xt S •~•., d'1~'
<br />«• ~?a :`
<br />adtrtowledged the said instrtrmantto ~ ,`~ ~ "t~pl`itni
<br />1YIT'NESS my Lwn ~latarltl{`'tlte~tia;r
<br />My Commission r ' es s,~~rp- ~~.! / `,~
<br />~~£ ~
<br />21st day of November 19 79 , beeaze tne,
<br />s the undersigrxd, a Notary Public in and for said County, personally carne
<br />s spouse of each otA~r, who are personallykttawnto
<br />affixed to the above in~trumer+t as mortgagor S and they Emily
<br />}
<br />tsraz+t nt `pf;~
<br />~l
<br />snd deed.
<br />7
<br />C_
<br />Notary Public
<br />
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