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<br />h10R7GAGE 80. ~~ c r 4 3 ~
<br />haR,+cACE LOA#1 ro. HI- 707 rFHatt
<br />IWON ALL NEPI BY THFSE PRFSENTS: That Earl Ril lefer and (Meng Sook Killefer, each in his and
<br />her own right and as spouse of each other, IdoatgaSor, whether weor oox is m~edwritadAet•d
<br />Nina sand Eiaht Hundred Seventy-five and 70/100
<br />barred to aid rrortgagor by The Equitable BtrBdiog and Lawn Astxntion of Grand IYavd, NeMata, -
<br />~tP~,upea 48 rlrrwdalatd
<br />aid ASSOCIATIONt, Certifinte No. NI- 707 (FH{t~a hereby grant. covey, and mortgBe [m9o the said A880C7AT10lt the fdawle~
<br />described real estate, dtuatr.f or Hall County. Nebraska:
<br />I.OT `1W1:3~'I'Y (20) PO'T'ASH SUBDIVISION,
<br />HALL CCNJfFI^I, NF~RASKA
<br />together with all the tenements, hereditaments and appurtenances thereunto belonging, including artached floor coverings, aU window sprees,
<br />window shades; Minds, storm windows, awnings, heating, air conditioning, and plumbing and water equipment and accessotita [hereto, pumps, stoves,
<br />reGigerators, and other fixtures and equipment now or hereafter attached to ur used m wnnec[ion with said real estate.
<br />And whereas [he said nor[gagor has agreed and dues hereby agree that the mortgagor shall and will pay aU taxes and aaxssrtxnts levied or
<br />assessd upon aid premises and upon [his mortgage and the bond secured thereby before the same sha11 become delinquea[; to furnish approved
<br />insurance upon [hc buildings on said premiss situated in [he sum of S 9, $75.70 payable [o said ASSOCIATION and to deliter [o said
<br />ASSOCIATION the policies for said insurance; and ,mt to commit ur permit any waste on ur about said premiss;
<br />to vas of default in the performance of any of the terms and conditions of this morga¢e or the bond scored hereby, the mortgagee stsali,
<br />un demand, be entitled to immediate pussssion of the mortgaged premises and the mortgagor hereby assigns, transfers and sts over to the
<br />mortgagee all the rents, revenues and income to be denred from the mortgaged premises dwmg such time as the mortgage indebtedness shall remain
<br />unpa,d; and the nmr[gagee shall have the pewzr [o appoint any agent ur agents d may desuc for the purpose of repairing said premiss and ren[ir,g
<br />the sarce xnd calkc[ing the rents, revenues and income, and it may pay out of said income :ill expenus of repaving s,ud prcn,ises and necessary
<br />eomm,ss,orts and expenss incurred in renting and managing the same and uC rotlectmg rentals therefrom: the balance re,nau,ing, iC any, to be
<br />applied towazd the discharge of said mortgage indebtedness; these rights of ,he mortgagee may be zxansd at, cry time during the existence at such
<br />default, irrespective of any temporary waiver of the same.
<br />7hes Presets', however, are upon the Cond;uun, Zhat if the card Mortgagor shall repay card loan un ur txfore the maturity of seed share by
<br />payment; pay monthly to said ASSOCIATION uC the sum spec,fied in thz Bond scored hereby as merest and prinnpai on said loan, on or before
<br />the Twrntieth day oC each and every month, until said loan is fully paid; p-ay all taxes and assssments kvicd agausl said premises and on this Mortgage
<br />and the Bond secured thereby, before delinquency; furnish approved insurance upon th< buidings thereon m the sum uf; ~, $?5 , 70 payable
<br />to sa,d ASSOCIATION; repay to said ASSOCIATION upon demand all money by n peed (m such taxes, assssments and insurance with interest at
<br />the maximum legal rate thereon from date uC payment all of which Mortgagee hereby agrees to pay; perm,[ nu waste un sa,d prerilss; keep and comply
<br />with all the agreemen6 and condit,ms oC the Bond for 5 9 875.70 tfus day given by the seed Mortgagor to card ASSOCIATION, and comply
<br />with all the requuernen[s of [he Constitution and By-Laws o~'said ASSOCIATION; then these presets shall became null and void, otherwise they
<br />shall remain in fuB force and may be foreclosd al the option of the said ASSOCIATION a(ier failure (or three months to make any of said
<br />payments ur be three months in arrears in making said monthly payments, or W keep and comply with [he agreements and conditions of said Bond;
<br />and Mortgagor agrees to have a receiver appointed forthwith in such (oredeswe proceedings.
<br />If tgere is any change b owrtership of the real estate mortgaged herein, by sale ur otherwrs, then the entire remaining indebtedness hereby
<br />scored sbaB, at the option aFThe Equitable Building and Loan Associa4on of Grand Island, Nebraska, become irtutwdiately due and payabk without
<br />ftulher rsolice, and the amount remaiting due under said bond, and any other hued for any additional advances made thereunder, shall, from [ht
<br />date of exercise of wd option, bear interest at the maximum kgal rate, and thss mortgage may then be forcdosd to satisfy the amount due on said
<br />bored, and any other bond for additional advances, together with aB sums pa,d by sa,d The F,quitable Building and Loan Association o! Oland Island,
<br />Nebnaka for insurance, taxes and assessments, and abstracting zxtension charges, wnh interest thereon, from date of payment at the maximum
<br />legal rate.
<br />Aa pravidtd b the Bond scored hereby, while this rnurtgage rensarns :n ellect the mortgagez may htreaf[er advance additunal :ume to the
<br />makers of aid Hood, [heir ~ s or suceessora in interest, which sums shall be wdhm the szcwriv of this rtn,rtgage the same as [he funds originally
<br />scored thertby, the total tit of principal debt not to exceed at any erne the m,gmal an,uunt of this mortgage.
<br />this ~~~eY o_f Df-?C2St1}J2I A. D.. 19 BO
<br />i ~~ ~_ ~_~' .•'
<br />Earl/ Kille
<br />Gsi 6+0' 2 ° ~ ~~i~t ~-~
<br />Chong k Kille er l
<br />STATE OF NF,BRASKA,
<br />COUNTY OF HALL ss. ~ this 23rd daY of Uece~,lber 1980 ,before tin,
<br />the undersigned, a Notary Public m and for said County, persuru0y time
<br />Earl Killefer and Chong Sock Killefer, each in his sri her own right anci as spouse of each
<br />Other, who arr'_ personally known to
<br />me to he the identical person 5 whoa names dre affixed to the alwve mstrw,unt xs mortgagors and J7t'. a sevtra0y
<br />acJtnowledged the said instrument to be their voluntary act and dsed.
<br />WITNESS my bind and Notarui Seal the date atoreuid
<br />My Coninn,iu,on expirss /? _ -' _~r</ ~~ ./ ~~_ _
<br />;rraaat et I`~'~ ~~ ~,,. -.. - ~f - Vu!nry Pubic _.
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