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~~ °'~ d}~' ~ ~ -~ ~ REAL ESTATE MORTGACaE <br />WEBB PLAZA PARTNERSHIP ~~ <br />of the Coanty of HAIL sad State ot_.NESRASKA iw,,.a.,.wm, trye3kd the patty of the ~ P~,:ls- <br />„~ €IGHT HUNDRED THOUSAND AND NOJiOO--------------------»-------=----s.ySQ~~ <br />la himd paid, de hereto toed, hact$iln, sail .tad caa-ey uttto the Some r'edertl Sati®p 4 I.eeaArroctadon at;~:7alod- <br />tlraad Lilaod, NehraNu, sad ~ saoeeaears sad erdgoE, the tailasrieit real eeteea. attested ~ HALL <br />NEBRASKR q~ PART OF THE EAST HALF OF THE NORTHEAST QUARTER <br />{L•) i NNS~IP ELEVEN {1T} NORTH, RANGE TEN {10) NEST OE THE <br />SIXTH P~M., MORE PARTICULARLY OESCPIBED kS FOLLOWS: BEGINNING AT k POINT ON THE SECTION <br />LIt:E, SAID POItiT BEIt+G 204 FEET SOUTH OF THE NORTHEAST CORNER OF SAID SECTION T2,,. RftNNI.NG <br />THENCE NEST ANO PARALLEL TO THE NORTH SECTIOtd LINE OF SAID SECTION 12, A DISTANCE,OF ~i$ -- <br />FEET; RUNNING 7NENCE SOUTH PARALLEL TO T.Ht EAST SECTION LINE OF SAID SECTION TZ, A ®ISTANCE <br />228 FEET; RUNNING THEtdCE EAST PARALLEL TO THE NORTH SECTION LINE OF SAID SECTION 12, A <br />DISTkidCE Of 4T3 FEET; RUNtdIt#G THEtICE tdORTH ON 7HE SECTION LINE OF SAID SECTION 12, A <br />DISTANCE OF 223 FEET TO THE POINT OF BEGINt7It#G. <br />?otather with ail the appitrtcaamces thereunto belonging, and all caventnta is alt the title deeds rnanlag whit said rnl estate, <br />and aIl 48e reais, iaeoea sad ptefifs arising therefrom after default in perfornunee of say coveusat ar condition herein cea- <br />t; sad warrants the title thereto perfect sad cleat except for thin mortgage. <br />During the lima thin mortgage is in force the tnottgagor agree: <br />P'Srtt To pay aU taus and apetlai ssaesameab levied against said prrmlaes, including all taxes and asseomeMS levied <br />upon illfs mortgage. or the debt secured by this mortgage. <br />mod. To keep a!! buildings thereon insured against ion by fix, lightning and tornado in some trompaay, W be a¢ <br />proec,.t by the said Rome Federal SaWngs & Loan Aasociatloa of Gnnd Island in the sum of S_! r_~urabl a vai Ue for <br />the Lknefit of the said Aasactation, and its successors of assigns: and to deposit said policies with said Association, sad shall not <br />commit ~ suffer aaY waste as said premises, sad shall gut sad keep said real estate buildings and improvements is good <br />order. <br />Third. To pay or cane to be paid to the Home Federal Savings & Loan Association of Grand island, its successors or <br />EdGEiT :;UtdDRED THDL'SAtdO AND ti01iUC- - ----------------------------Bates, <br />aasitaa. the arras of '1~-_ --- - ---__---.-.- - <br />ptytble ss fotbnn: <br />;30u,iiCO.DO DUE t',AV 1, i332 <br />w&h interest ihereort pgahle, according to the tenor and effect of the one certain first mortgagS ~ said mortgagor. <br />beatiat even date with rinses presents. After maturity said bond draws intexst at the rte of it per slat par annum. <br />if acid rasa sad areeaaente are not paid when due, au if the bniWsags as said pxmises ax not insured as above gro- <br />videal, ar if any oS raid fntes~ is net paw when due, then said whole 6econte due itnmedistely, at the option of the <br />said Ada, sad shall thereafter draw iateresC at the rate afar3t'iea Pat Per sasum. <br />The maRaattu__ hereby aaign ~ to acid taarigagee all recta and income arittaq at nay and all times from said <br />property sad hereh7 tuthoritt said mmtgegee or its agent, a< its option, upon default, to take charge of said property and <br />cellett all renia sad incatae th:refror: sad a~lg tht same to the pagmeni of interest, prlacipat, inauraace premiums. taxes, <br />aaae~nEs, repairs or improvements aeeesaarg to keep said property is tenantable rnndition, of to other chtrges or pay- <br />asaats provided far herein of in the note hereby aetured. This refit assignment shall eoatiaue is force uatIl the unpaid bal- <br />aao ~ said rata u Laity paid. The taking of po~rsaioa hereunder shalt is no manner preve~ ar retard said mortgagee in <br />the eotietxioa of acid arms by foretiowre ar otherwtae. <br />met said deb! bocaraes due by 3apae of time, ar by reason of the taiiux of the party a# the first part to atmpiy <br />+rrith nay cooctifdon herrla. the said Home Federal Savings & Loan Association of Greed island, the successors and ensigns, <br />dull have the tight to begin Lhe foreel~nx of this mortgage at ooze on the whale debt herby secured, sad to include <br />thaw ail taxes. aasassmaMS, iasrutrice prearitima asd waft, paid by it or them; or said A~aociatton„ its successors ar <br />tsa~aa, aray foreelase offiy as to the sum past dun, without iaiury to thin mortgage, or the displacement or impairment <br />of t~ ilea there+~. <br />And the said. first psaSg sad the matron of said note. especially agree sad declare that the separate estate of each and <br />eatwy sae d them, ~ bath thtit now owned sad that hereafter ac4uired, is pledged and bound for the payment of <br />the hareIDy aeciaed. <br />Add the of nay raft in toreciaaute the plaintiff therein shall be eotitied to the immediate possession of <br />aadd sad the atrpsdntaemtt of 8 receiver therefor, notwithstanding they tray be the homestead a[ the aecnpant and <br />!iq pares _ W!!e far the debt msY lee salveat, sad the CrrG Party hereby caaserds W the appolatmeat of s <br />Aeeairer.> ~ predretbaa at this indeaWre, wiUtoat ether evidence, <br />"t'tat i~ s sad aata. all sad singular. being fully pertormad, this cenveYaaee shall be void, c~har- <br />stLe to M attA remat~ is tali tease seal efYaet. <br />Iil~red jai. - ~0±~ ._ day ~...__._ lapr~l ^, ~ T <br />6tI:8$ RLA7.A =ARTNERSHIP ~ ~w- ~ ` .at. _ <br />~~ •e~srre .r <br />.r y~ '" ~ , <br />~,~-~'; + ,. ~ 3 ~ ,_-_,@~~ dr° -ner +t7ftn ~~C~c : ~~npr8 p3.#'tnCrµ~. <br />.;i3r s ! 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