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<br />6Pc,i £ iC~ "~1OAf Ate,
<br />i~d~i' Si'~I dJ 1~4;f?~S@ ~ ~t°"~ r )E7IGTTA I_. I m~i 'ESJ, hu, " an ~ r r I'' ~ I '~ !-~ t~ .;. '~;N AJ ~ ,IT"I'~! ! . C,~~~-1
<br />husban;'d' a4'td u~i J.a; vr~D SifaJ ~. IERiCI'50+1 AND t1A(JIl1i J. ~r',5~~.;~,ll, r ;tic; n, aa. ~-
<br />_ ~+~refn oaI Ved flea
<br />Mortgagor whether one or more, i n consideration of ONE HUP:DREu c (BHT TH(i~~ ^~~~, pr;n ,,n ~ ; nn
<br />_____________________________________________Qoliars loaned tc said Mortgagor, does mortgage
<br />to HOME FEL'ERAL SAVIi~GS AtdD LGAN ASSOCIATION, its successors and assigns, the following
<br />described real estate in HALL County, febraska:
<br />LOTS ONE (I) T~+/G(~i, THREE (3), FOUR i4), FiVE (5), SIX (6,, SEVEN {7) AND EIGHT (3)
<br />I N BE LS SUi3Di V i S 10I!, ,4Pd ADDI T I OP: TO 7HE CITY OF GRAidD i SLAivD, HALL COUNTY, NEBRASKA.
<br />Subject to a prier mortgage in the original amount of $300,000.00, in favor of
<br />Home Federal Savings and Loan Association of Grand Island recorded as Document
<br />Number 77-003913, of the Mortcage Records of Hall County, Nebraska.
<br />and all easements and appurtenances together with ail buildings, improvements, fixtures
<br />ar appurtenances now or hereafter erected thereon, including all apparatus, equipment,
<br />fixtures or articles, whether in single units or centrally controlled, used to supply
<br />heat, gas, air-conditioning, water, light, power, refrigeration, ver,tifation or other
<br />services, and any other thing now or hereafter therein or thereon, the furnishing of
<br />which by lessors to lessees far an unfurnished building similar to the one now or here-
<br />after on said premises is customary or appropriate, including, but not limited to, screens,
<br />window shades, storm doers and windows, carpeting and other hoar coverings, screen doors,
<br />awnings, built-in dishwashers, stoves, refrigerators, and water heaters and al{ renewals
<br />or replacements thereof tali of which are intended to be and are hereby declared to be a
<br />part of said real estate whether physically attached thereto or not.) The Association
<br />is hereby subrogated to the rights of ail mortgagees, lienholders and owners paid off by
<br />the proceeds of the loan hereby secured.
<br />TO HAVE AND TO HOLD the said property, with said buildings, improvements, fixtures,
<br />appurtenances, apparatus and equipment, unto said Association, its successors and assigns,
<br />forever.
<br />Mortgagor hereby covenants with said Association, its successors and assigns, that
<br />P+lortgagor is lawfully seized of said premises, that they are free of encumbrances, and
<br />that Mortgagor will forever warrant and defend the title to said premises against the
<br />lawful claims of alt persons whomsoever.
<br />THiS MORTGAGE i5 GIVEN TO SECURE: (I) The payment of a "lots exc3c:uted by M1~rFgagor
<br />to ~t'he Association bear i rg av~.n date t?asre:c i th i n the pr i ne i pa i sum as safi faith above,
<br />which Nate, prir+cioet enu interest, is payable in rionthly Install^~nts according to its
<br />terr;;~, with a fine! maturity, unless sooner paid, on the ist day of ':fare ,
<br />_I~390. Tt~-fn3F~cF~er-a~#•-s#raFF-Itar~-#t+te~e~#+ea-#e-aeae#a~a#e-#+~e-rxa#e~~f~+-a#-ape-ags3
<br />fot°~~ictt-ff;-ig~rrrx~Ptga~a-i-ski-res-as--seertFt#y~; -a#-aray-#+rne-a##aF-#i:u-------i~--------1r~
<br />yea~~#~tet~-i i~s~-gi-ro-i~-t-Fre-vReeFStgr~ed-eF-#t~e--#aer~-ewaei:-a#-#tea-pFerrr#sas-~assr3sa~-pgs.'air~-
<br />a-w-r'rhterrmat~i~-tirree+?°Frs--firt-advaRee-e4-r#s-+r~#err#-#e-+~a-seT Any prepayment of
<br />priricipai made by virtue of the exercise at this option shall be without prepayment
<br />premium. ("L3 Any additional advances made by the Association to Mortgagor, or Mortgagor's
<br />successors in title, for any purpose, at the option of the Association, at any time before
<br />the release and cancellation of this Mortgage, but at no time shall this h'brtgage secure
<br />advances on account of said original note and such additional advances in a sum in excess
<br />of ONE HUNDRED EI+iT Tr;OUSr~'yD AND NO!IOO----------------------<3oliars; provided that nothing
<br />herein contained shall be considered as limiting the anpunt that shall be secured hereby
<br />whin advanced to protect the security or in accordance with covenants contained in this
<br />;ti1artyage.
<br />Provided, nevertheless, these presents are upon the following conditions: that whereas,
<br />the said Mortgagor is a mumber of said Association, has executed a note in writing to said
<br />Association to repay sum of money, with interact, in payments as set forth in said
<br />rust©, and any and all additional advances, with interest, and has agreed to abide by the
<br />Constitution and k3y-Laws of said Association, and rules and rc~qulations adopted by its
<br />Board of Directors; and agreed and do hereby agree;
<br />t. To pay the indebtedness hereby secured promptly and in full compliance with the
<br />terms of the aforesaid Promissory Note and any other Hates or agreements for additional
<br />advances as provided herein and of this Mortgage and further agrees that at the sale option
<br />of Mortgagee the time of payment of the indebtedness hereby secured, or any portion there-
<br />of, may be extended or renewed, and any portion of the premises herein described may,
<br />wii•hout notice, be released from the lien hereof without releasing or affecting the personal
<br />liability of the Mortgagor herein for the payment of said indebtedness then remaining
<br />unpaid, and not change in the ownership of said premises shall release, reduce or otherwise
<br />affect any such personal liability or the lien hereby created.
<br />2. Undersigned reserves the right to prepay this note in whale or in part on any
<br />installment payment da#e prior to y years from the data hereof by the payment of a{I
<br />accrued interest to the data of such prepayment together with a prepayment foe equal in
<br />amount to iii0 days interesr on the amount so prepaid; and if prepaid after such date there
<br />shall be no prepayment fee. The prepayment fee so charged shalt not exceed the maximum
<br />
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