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<br />'/d~iedr;i~J~uly 21, 1RbO at 2:~J5 P.M. fDanaid L. Ellingson, Reg. #af Dp~e#e~jdp(s ~
<br />.. , , .~ 5~4,,,e gles`~~ MORTGAGE ~Ll.€ t#c7s~
<br />THIS INDENTURE, made thin 18tFt ~y of . Jul Y , T9 $0 . batsacen fit: _ ;lea -
<br />~csp,ciatinn fnr tltsvsslnRtttental Hnttsing - -
<br />oegartize~and existing under the kto+ of Nebraska , s earporetioe endthe- - -- _ -~ -
<br />United Smies of America acting by and through the Secretary of f/awing and JJrban ~eaetopment, :blortgoaree;
<br />WITNESSETI3: That whereas the Mortgagor is ja+t-y indebted to the Mortgagee m ehe principal sum of [)ne Pdi I lton
<br />Eift~t.r31Y TLigrtcand Slit Nuntlred DolJm:{= 1,056,600 1,cvideneedbyiunoteaf
<br />even-date herewith, bearing interest from dote op auytan t e a~ per ecntum (. 9- ,°6) pn. -
<br />annumto Final- Closing andihereafterarE~9~~° ""Ppe}' umB 1/2. ?dl per annum, midprincipeL,.
<br />and interest being payable in installments ar provided in mid note with a final maturity of tpRt 1-a?p~ ,-tohieh note is _'
<br />identified m being secwed hereby 6y a certificate thereon. Said rsote and oU of iu term+ars incorporated herein by reference
<br />grad this conveyance anal! recure any and al! extensions thereof, houreuer evidenced - - -- -
<br />NOW, TIIF.REFORE, the mid Mortgagor, jar the better securing of the payment of the sold prutcipat gum aj money and
<br />interest and the performance of the covenants and agreeemnb herein tantained, does by these presents GONI~EY, MORTGAGE, -
<br />'- and WARRANT unto the Sortgagee, successors or assigns, the foGowing•dertribedyea~ utate situate, lying,- and being-intke=: -
<br />6et;totias of Adams Hall Guitar anri Flernas
<br />idCYNdCddtJhltiC~fC
<br />PiePsraska- , ca wit:
<br />-See Schedule "A" attached hereto
<br />TOGETHER. with ad and singular the tenertsenv, hereditnmcnw and appurtenaruea thereunto belonging, and the rcnv,
<br />issues, and prol`isa thereof; and aU apparotw and jtzturea of every kind iM or that may be placed in, any buiia'ine now or here-
<br />after rtaadi.:g an said'.:..°d, and aL'o al! tha t._ ::ght, liNz. and interes! of tha said .M_arT~ar ~n gad to mid ~mi~t~; including
<br />but not &mited m dl grit and electric fiaturer, alf resdiaton, heaters, furnaces, heating equipment, steam and hot-water bolters,
<br />stoves and ranger; aU etevatorr and motorr; all Lothtu L+, sinks, water eloseu, Lasing, pipes, faucets, and other plumbing ihztures;
<br />all monteb anJ cabineu; sit rcfiigemting pbnte and rejrigcratorr, urhether mechanical or otherwise; all cooking npparatw; aG
<br />furniture, shader, pwningr, bhndr, and other furnishings; alt of which apparatw, fisture+, and equipment, whether affixed to the
<br />realty or not, shalt be cawidered real create for the purposes hereof; and including a!! furnphinga now or hereafter attached to
<br />or wed in and about the building or buildings now erected or hereafter to be erected on the briar hereirs described which are
<br />necessary to the complete and comfortable we and occur-wncy of such building or buildings for the purposes for which they
<br />urere or are to 6e erected, and alt renewaU or replacements thereof or articles in substitution Oherefor; together with alt building
<br />moteraL and equipment now nr hereafter delivered to mid premises and intended to be iwWUed therein;
<br />TO HAYS AND TO HOLD the aboue-described premtaes, with the appwtenancer and fixtures, unto the mid Mortgagee,
<br />getecerrors and assigns, forever, Jor the purpores and uses herein xt forth.
<br />AND SAID MORTf,ACOR covenanu and agrees:
<br />1. That i3 will pay the Mortgage Note at the times and in the manner provided therein;
<br />2. That it wiG not permit or suffer the we afmny of the property for any purpose other than fhe use for which the
<br />mme uns intended of the lima this Afortgage tugs executed;
<br />3. That the Xeguhstary ?.gratment, asecated by the hlartgagor and the Secretary of llouaing and t_rrban Development,
<br />which is being recorded rimultaneowly herewith, i+ incorporated in and mode a pare of ibis Mortgage. Upon default under the
<br />ReguGttory Agreement, ihr Mortgagee, of hiaJher options, may declare the whole indebtedneu secured to be due and parable;
<br />4. That al! rentr, profits and income from tha property covered 6y thu Mortgage art hereby assigned to thr :Mortgagee
<br />for the purpose of discharging the debt hereby secured Permission is hereby given to Mortgvgor ro long w no default esuk
<br />hereunder, to collect such-rents, profits and income for we in accordance with the provviona of she Regvbtory Agreement;
<br />S. That upon default hereunder Mortgagee shmll be entitled to the appointment of a receiver by any court booing
<br />furirdietion,, without notica, to take possesrian and protect the property described herein and operate mme and cofkct the
<br />yenta, profitr and income therefrom;
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<br />rs=e ? of d pa=d
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