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i <br /> <br />kOR'fGAGE _ <br />MORTGAGE LOAN NO. ~ Z3,bJ5 <br />KNOW ALL MEN &Y THESE PRESENTS:That Milc D. Martin and Mildred G. Martin, each in his and <br />her own right, and as spouse ofi each other <br />Mortgagor, whether oru or more, in consideruion of the sum of <br />Thirty-nine Thousand and Nof100--------°------------ ------------------------- DOLLARs <br />Ieaared to a's2 nort~r by The Egtritable Btd3dit~ and l..nn Association of C.tand island, Nebraska, Mortgpgee, upon 390 shares of stack of <br />said ASSOCIATIOI, Certificate Nu. L 23,b75 , da hereby grant, convey and tortgage unto the said ASSOCIATION the folloeug <br />desalted teat estaPe, sitimted in Hall County, xehraska: <br />LOT Tk~O (2), IN BLOCK ONE (1) DICKEY THIRD SUBDIVISION, <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />oath alt the tenestrats, herta3etainrats and app>$Yrnxttrrs thereunto heNaeging, includiiig attached float coverings, ill vrendow saeeu, <br />wioda>r abodes, bids. storm vriadows, awriinCS, h"'+~„ ae rnadaioaing,and pturrsbiog slid waterequipment and acas>=via thcreto.ptnups,stt>~ <br />t~atats, smd other farrres amrt now as herat~r attached to ar used ra room.-tmn with sand real esuta_ <br />Jtad rthtagt ~e aid mortga¢iv has sgroed and does hereby ~K ;hat the mortgagor shall and wr7! pay afl taus std aaasmsats levied oz <br />aa®d spmi aid psemnes aid t>pon rho morggatr ~d the botrd seavrrd ihereb.~ before the same shalt baome tkliaqumt; to fntnith sppaored <br />iaaeawoe a}ttoa the balda~ oe said psexmaes situated in tine lam of s 39 , ODD. ~i0 payable to sjrid ASSOCIATION and m deiira to acid <br />J-SSOCAAll{Il~l the prstida far aid iasusaa¢; anti rwt to uvomii or permit any waste an ~ about said premises; <br />is ease trf defadt is 1St paf'ormanee ~ say of the tetms aosi ctmtitioas of rhea mortgage or the bond secured hereby, the mortgagee shall, <br />~ d:aed, tae entitled to it~ednte passesflon of the mortgaged premiss ain2 the srartga~x hereby saigri:, tratts{ers std sets aver n. We <br />warilgigee al the trots. ieveaaa and aaamre io be itt.ed from the mo[tpged p¢mius during suit tirEU as the t>ratigade iadehtedaas sha8 resoam <br />grid; sad [Le matgagoe than have the power ro appoait my riot ca agtmts # troy arane for the propose of rapeitiag acid pmmiaes and eartmg <br />the sae sad oaaaaig the tuts. zev~aes sad inCatme, sad it may paF out of said iewaae aU arpeasa of zepairiag .aid pemrifa std naoeany <br />teaaahidoas sad expeeses is teal.ag aed tcxoaeim~ the tsaae and of~ vHectiag rentals tbtaefrom: the ha4aCC naaa~„ if ate, to be <br />tmrsd the dice oaf said meatgape iadehte~s.; Ibex n~tu a2' the may 6e eaestved at say Lisle during the 4i~mes of aach <br />- irtetpeAire rd~ar ;a<vpavey vaaiser ad' the same- - <br />These Pseaesrts_however, are apoa the Ciarditiaa, !lux if rite said Dkxtgagnr shad repay said loan as ,.. be_roro tt~ maitaity of sic( shares by <br />paysaeeet; pn moatidy m said ASSOL'IASIOt4 tT the arms speeillcd in the 8oud scouted lrexe6y as interes and principal oa said boa, on ~ he3eae <br />the 7 daI" of eda asd erarv inoaUr.umfl said boa s fa@y paid; pay .d! Lola std assesaaents levied agiast said ptemaes and as this Itiortgag <br />sad the 71eod sealed tirmeby, before delspamcy: fnrrtsdi appoved iata~ aipcm the btaldirgs theraro b the stns of S 39 , OOO.OO pay+bk <br />m aid JiS'SUIClA77(8d_ mnn to said ASSOC[#77ON akin denmmd afl ntca~y hs it mid flu str~ t-a`~. as~es!ts aed sr~.Fs ~ <br />the taatc~as bgid rate tlteeeme frRin aL afl tii'vrhxh !!n'€gsgat 4teelir agars to pvay:;+ett~ tas a3@e cm aid ;tcep edeatty+ly <br />milli ~ the agataares sad o~drtram of the Bmd flu i 3g,p(}p #,~this daY gtxn by the said 1/artgagm ra aid ASSOCIAATtON, and aon~y <br />a~ aU'ffie dtheCrasctituiicm aed Byd.awsuf said ASS4C3AT1Q3v'; rhea tlveae peetatts shall bey std! nd raid, txherxiaa thiel• <br />SdE teaaia ~ fall Ltrm sad sm}' br furacioaed ~ the option of the said ASSOCIATION sfter fadure far thix atantAs to stake say of said <br />payataas at fie throe aos~s ~ ataars in mrdtigg said tmnthly pr,'nrats ~~- 'o lr+~+rp sad cv9>}dy wifh tlx agteviaeiits sad wed-tioas of sae2 Boat- <br />aed razes m have a r•rtas~ ap}+o~mtatt foniirith is ttr3r frutryaaatre p:uatedettgs. <br />tf Rllae u say e3aiase is araacaabip of the teal estate ~'~EpFd hetrei, by ode w othaitavte, that the carat tee iadabtodnaa hne6gr <br />amaaed that, a the aptim a! The facer l and I.oe Aaocitt;aa of Grmd ldaod,Nebra>ita,bemme imosadoteiy ire sad payable oithhorq. <br />ft~ aet3oe, sad ~e a doe rodeo slid bawd, sad aey other btsad far airy atldiCioml advaaas mask tbawadce,slufl, fiatm the <br />dNS of emai~ at said rspfaon. bete muaaa p ~ legal rate, acd rhis nth map thm be ftrtedmed to tatitfy the satawl dye m acid <br />ha~d.aad aa} othd btttad let adddtiaod advsnms, tags aalh all tattas gnd by said The E.}uitalt}e sad Lire Atattc~itan ~ Gtaai Island., <br />J~kTntaria far insasaoue, taus asd aaaeatneatr„ aittl ahsYtacsi>'g ratenaon cfiuges, with mteiest thrreoa, from daft of payeaenr at tIx iwa~rm <br />~~ <br />r1s ptareded ~ the !toad sotaaed ha~sly, while the; rarwtg>~ reanaias is t#fect the tnorrgaga may hereafter advaaoe additioaai auae to the <br />rmimz of aidl~ flss aa~sts m suers is ititcrrrst, vrfnt~t limn shaD 1# vriiliin the secataty of this trrortgape the same at the ftmds off' <br />seaasi 311eaehy, the aotal aiaa>mt of pe+mcyal debt rot w ei[axd at say isae du original emaunt of ibis mortgage. <br />Usaad thin ~ ~~ day of January A. D., t5 $0 <br />~~ aI. fI. tlaa 11t,-1 rlty pf January 19 80 ,before me, <br />_ the spa~eai~.: Natuy P~cfn artd Loy said cwmty. petsanaAy tams <br />Nino t3, iiarti~ aa6 !lii+~red ~. ~alrtifl, each ill his and her opln righ#~ gild as spouse f each <br />Oi~T ; irho are kaawa w <br />. -sea ltiLl ~a 3dmer~_peeaaa S a6armara g at'e agfhaed to thaabove itisiruuamt as nottgl~t 5 cad they seveally <br />t;e and imttaanast m he tltlei T rtakagmy set sad deed <br />its ny hmt sad l 9c~ tLe date afineaid. . -. <br />_ ~.-' ~ ? <br />sEltftitt aaltat x~' ~;.'""` „s„st,rta 1 ~ : ' <br />tasasaa JOY ff_ BPsEZi£4' ' i Notary trey <br />