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80---G0478Y <br />MORTGAGE <br />MORTGAGE LOAN NO. L 23, IJ5 <br />En~GwACf.MEtvBYTEIESErRESENTS:Thn Helen M. Nabity, and Stanley F. Nabity, M.D., her husband <br />-- -_ Mortgagor, abettor one w mom, in coodduatiw of the mm of <br />Sixty Thousand and No/100---------------------- ---------------______________ DOEd.ARS <br />loaned to mid mortgagor by The Fquitabk Btdtdirrg and Evan Astaciatioo of Grand Islami, Nebraslu, Mortggee, upon 6OO tltares of stadt of <br />aid ASSOCIATION. Certlfiate No. L 23, ~~5 , do hereby grant, convey and rnorlgage unm rite said~ASSOCIATION the foHovriog <br />deambed rat state, ritWted in Hatt Comfy, Nebaska: <br />LOT ONE (1) RIVERSIDE ESTATES UNIT I, .AN ADDITION <br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />toge[tttt with aH the terxments, hercditatmnts and appurtenances thereunto belonging, including attaeEted naar coverings, aH window auvans, <br />window shades, binds, storm windows, awnings, heating, air condilioning,and plumbing and water cyuipment amt acceaoria (hereto, pumps, rioves, <br />rNrigerators, and other fixtures and equipment now or hereafter attached to or used in connectmn with miJ real estate. <br />And whereas the said rstortgagor has agrceJ and does hereby agree that the mortgagor abet and will pay aH !axes and ame9sBtenta levied w <br />assessed upon said premises and upon this mortgage and the Mmd secured thereby Ixfore the mttx shall becortx delinquent: to furnish approved <br />inswnna upon the buildings on sad premises situated in the sum of S 6O, OOO. OO payable to mid ASSOCIATION and Io deliver to said <br />ASSIX'iATi(}N tM polzies for said insttnna: and rtot to commit ur permit env waste on ar about sad prrmiaea; <br />In :~ ut defuuli irs the perfarmartm u€any of the terms and amditions uF this mortgage or the rand securest hereby, the mortgagce shall, <br />on tksrxutd, 6e en[rlted to imnxdulc possession of the mortgaged premises and the nortgagor hereby assigns, tnnskn and xis over to the <br />tttongagce all the rents, rcventms and incatm m he derived from the mortgaged pretnius dwing such time as the mortgage mdebtedmss sitait rcmam <br />wtpad: and the smsrtgagee arts(( lux the power to uppamt any atycnt ur agrnts it rosy dearc lot the pwpux ut repairotg mid prcsnute and tentis~ <br />fhe sane amt cuHecting the rents, revenues and inetsnm, and it ntay pay um of sad income av cxpensaa of eepairirtg and pttrmsea and netxmry <br />:,ommnsnnts and expenses mcutscd io renting and sstatuging the come and of collecting renuis ttxrcfrom; flu balance remaining, if any, to he <br />applied toward the diachuge of sad smrtgage mdehudsress; thew righu of the nwrtgagee may he ezeretmd at any time daring the exirienex of sucEt <br />default, irteapec[we of any temporary wnvcr u(thc same. <br />'fhssc Presents, tsoweser, era up,n the Condition, 7'fut if the said Mortgagor shat] repay said loan on ur halixe the rruturity of sad stores by <br />paymcm: f®Y snnnehly to asni A5#iX'IA9'tON of thr sum apeciPred m the tkmd secured hereby as mtercst and principal on std Iran, on or 6efors <br />the TwentieN day of rash and every month, anti! said loan is tally peki; pay all taxes and assesnnems levied aguaat said prcmtaea std on the Mwtgago <br />aal the Bond cured sherchy, before dettnyuency; tmntdt approved inswanw upon the buildings tlxreon m the sum of S 6O , OOO. OO payabb <br />to said ASSOCIATION; repay to sad ASSIX'IATIUN upon demand all nxsttey by it pad for such taxes, assemosents and inswana verb intercd at <br />the mutimum regal rate 1Mrcoa Ram date ul peytnent all of wisich Mortgagor hereby agrces to pay; permit no waste sm and premises; keep and lumpy <br />•::th all the agrcemrnta and condittuna ut the hand fur 3 6O ,OOO. OOtnia day yven by th< std Morlgtigor to sad ASSOE'tATtON, and comply <br />wth all the requirements of the Ctmstitution std i3y~i.aws of and ASSOCIATION; then these pr<eents shag become null and void, utherwim [trey <br />shall rcmnn m tali faro and may be fwecio:d at the optmn of the sad ASSOCIATION niter (aduse for throe rmsnths [a make say of ,akl <br />payments sn M three tsxsaths m azrcurs m uukirsg sad mrnithly fuytoenls, ur to keep and vrnplY with the agreements and condstam ssf mid itund; <br />and Mortgagor agrees to have a resxtvet appointed forthwith in swh lorcclosme prweedutgs. <br />If there is any cturtge m awrxrslup of tta real esuto riunlgaged Mrein, Dy sak or uthnrwite, than the entire tenninityt imkbtadnem haroby <br />secwed shall, st the uptwn of The tiyuitabk Ituitdntg and (.sun Atteacutwn of Grand IsWtd, Nebraska, 6ecut»a immediately due and payabk without <br />t'mthcr mstisx, asd tM amuum resrasutiryi due under aid Mxati, and any wtur bond for any ndditivnal adnncea made tMerouttder, shall, irom the <br />date of exarCne of said uptiort, hen trttereri at the rruttirnum kgsd rate, and thin trxxtgtlge tmy then be fweciweJ to mtid'y the amamt duo m sad <br />bred, and xtty atMt land fw additiurui advances, togsther wfth all xlrtro paid hY eau) 'fhc Ngwnbk Budding and L,uan Atauciatissn ul' Gram! lalaud, <br />Nebraska fw insurarux, razes atuE assewrrtenta, asd abstracting a:temiim cturgea, with usurcst thervtut, Rum date of MYrant at the nwithum <br />1qµ1 tau. <br />As provided in the Hord secured hereby, whik this rrarrtgaga remauts in effect the ns,ngageo may hsreaier advan+x addittorul sums to the <br />pokers of said H9stJ, their a»ipta w aus:ceawa in interest, which stem shall tae within tlx securt[y of this mungye tiro salty u the funds urigitudly <br />anetued thereby, the fatal amount of prutefpal sbbt nut ro exceed at say tune the original amount of this tnottgage. <br />Batt this 3rd ~ day ~ septe~'ier '~, n . lu il0 <br />'ReT"_ a 1~ _~ ___.. <br />Stanley F. Nabity, ~d <br />STATE OF Nt313RASi[A,~ ~ On thu 3rd. day nr SeUtember Iv 90 .before n+a <br />COEIN'fY OF FIA41. <br />the undersigned. a NotuY Public in and for said County. porsoruHy caeto <br />Nelen M, Nabity, and Stanley F. Nabity, M.O., her husbario was are perwnaHYkstownta <br />me to he ~who~.idattical person S wMne rtatm S dy'e affixed to the abovro insuttmrad as nwrigagur S and they soveraHy <br />aChnaw.,.,,a u tbC aald iMtltlm411t to b@ tfiQl r yafnntary aCt Hpd dCbd. <br />R1TNF3S my fund scot Notuni Sen the date af'oremid. w '1, <br />MY Canurtiaion expires ~. /, <br />'- ~ Nutuy pub!u <br />we.set nt / / c~ dEflfttAE igiMJ1Y-S1YMlYIeasM <br />IAMEa w. tElsftN <br />. My Comm. Esp Mao IZ,19g3 <br />