|
FHA FORM NO. 414:itf
<br />- (CORPURA4~)
<br />(Reviud No~ymbar, 19,70)
<br />
<br />
<br />MORTGAGE
<br />'PHIS MORTGADE, made and executed this 1oTH
<br />between
<br />
<br />81-1~~~13~~
<br />day of MARCH , A.D. 1981 , by and
<br />HOLIDAY GARDEN TOWNHOUSES II, A NEBRASKA GENERAL PARTNERSHIP
<br />e iYtt~i$Lt4 organized and existing under the laws of NEBRASKA ,hawing its print:fpal place
<br />of business at .2009 WEST DEL MAR AVENUE, GRAND ISLAND , NEBRASKA , PaztY of the first
<br />part, hereinafter with its successors and assigns called the Mortgagor, and
<br />DON J. MCMURRAY CO.
<br />a corporation organized and existing under the laws of NEBRASKA ,having its
<br />principal place of business at 10407 DEVONSHIRE CIRCLE ,OMAHA , NEBR , ,party of the second
<br />part, hereinafter with its successors and assigns called the Mortgagee.
<br />' WYfNESSETH: That the said Mortgagor, for and in consideration of the sum of s I x HUNDRED
<br />EIGHTY-SEVEN THOUSAND TWO HUNDRED ANO 00/100-------------------- DOl1arS(f687,2000.
<br />paid by the Mortgagee, the receipt of which is hereby acknowledged, has Granted and ~}d and by these
<br />presents does Grant, Bargain, Sell, Convey .and Confirm unto the Mortgagee, its successors and assigns,
<br />forever, the followingdescribed real estate, situated in the clrr of
<br />GRAND ISLAND ,County of HALL ,
<br />and State of Nebraska, to wit:
<br />HOLIDAY GARDEN SECOND SUBDIVISION, CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA, AS SURVEYED,
<br />PLATTED AND RECORDED.
<br />THE COVENANT OF THE MORTGAGOR TO PAY PRINCIPAL AND INTEREST IS
<br />INCLUDED IN THE NOTE SECURED HEREBY FOR THE PURPOSE OF ESTABLISHING
<br />AP;7 CONTINUING THE EXISTENCE OF THE INDEBTEDNESS. HOWEVER, IT IS A
<br />CONDITION OF SAID COVENAItlT AND THOSE CONTAINED HEREIN THAT IN THE
<br />EVENT OF DEFAULT UNDER THE TERMS HEREOF, THE HOLDER OF THE NOTE SHALL
<br />TAKE NO ACTION AGAINST THE MORTGAGOR PERSONALLY, EXCEPT SUCH AS MAY
<br />6E NECESSARY TO SUBJECT TO THE SATISFACTION OF THE INDEBTEDNESS THE
<br />PROPERTY DESCRT9ED HEREIN AND ANY CHATTELS APPURTENANT TO THE USE
<br />THEREOF; PROVIDED, THAT NOTHIPIG IN THIS CONDITION AND NO ACTION SO
<br />TAKEN SHALL OPERATE TO IMPAIR ANY OBLIGATION Or THE MORTGAGOR UNDER
<br />THE REGULATORY AGREEMENT HEREIN REFERRED TO AND MADE A PART HEREOF.
<br />tfOtlidt9[~1tOLR~C1p7011'fCridll4i(R9@~ll69gJPX~iC
<br />~dtiQii>1W()@)CfgtX
<br />R9t9@A4F7~9d1PR 1P(
<br />Tf~GETHER with the privileges and appurtenances to the same belonging, and all of the rents, issues, and profits which
<br />may aria of be had therefrom; and
<br />Tf)GETHER with aU buildings and improvements of every kind and description now or hereafter erected, or placed
<br />thereon, and all fixtures, including bui not limited to all gas and electric fixtures, engines and machinery, radiators, heaters,
<br />ferraaces, hating equipment, steam and hot-water boilers, stoves, ranges, elevators and motors, bathtubs, sinks, water closets,
<br />basins, pipes, faucets and other plumbing and fieating fixtures, mantels, refrigerating plant and refrigerator, whether
<br />mechanical w otherwise, cooking apparatus and appurtenances, furniture, shades, awnings, screens, blinds and other
<br />furnishings; and together with all building materials and equipment now or hueatter delivered to said premises and intended
<br />to be insiaHed therein. All articles of personal property owned by the Mortgagor and now or hereafter attached to or used in
<br />
|