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<br /> ��,��ti REAL ESTATE MORTGAGE g�,� io3,ss
<br /> -'�'�=�—°�� Lawrence R. and Frances m. Elrod, Musband and Wife ---
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<br /> ',� �''�• ut.7;Y'��1'•,rt.. . �.,
<br /> ���` . ,�• d tM Comqr o� Hal l and Sf�b � Nebraska r...��.r�..csUed t6s puty o!th�tint p+rt.!n
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<br /> � ,5,,�� ;.�,r�'.y ,'
<br /> -�. �� ,� ••:, -� .�.:� ��� o, Twenty Two Thousand, Eight Hundred Seventy Five and no/700-------- rOy��, 2� ,-
<br /> -,:��� �,... ... .-5.-'u„�.�"-'-. `_._ . _ . _-_ _.
<br /> 1� +�'1 f. ....l+w:'i�C'c^,�h � ��� ��N F��r Nu i0d COa� U0t0� 80L10�'M1�l��V�Oa Ji�0�MO�Z100 0�Ql�Ild w�wY
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<br /> .. . . ' Oelmd tdand�l�T�braar�►�nd ib a�onMOef aod ndt�.tbO tdlO*iWf i�al�dat�.dtwted td He11 -
<br /> ,,�:. .�' � �� Nebraska . ,��� �
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<br />�`� .• � � , - Lnts Six (6). Seventeen (17). Nineteen (19), in Argo Third Subdivision, in Y
<br /> the Itillage oP Alda. Hall County, Nebraska.
<br /> . . . . ;; 11 n_�c::.r-.
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<br /> � � �� '' • Lots One (1 ), Two (2), Three (3). Five (5), Six (6). Seven (7), Fifteen (15), =:_-� --
<br /> . ° : Sfxteen (16), Seventeen (7?), Twenty Two (22), and Tuienty Three (23)� Argo i°••'�'
<br /> ° Second Sut�division, in the Uillaqe of Alda, Hall County, Nebraska. �':��: __
<br /> .. . . �'s:.Y y��`�_� :
<br /> •' �, :'. ,. ToB�ther aith dl the apyn�t�nance�thereunto belon�in�. and all wvenanta ie aU tbe title deeds runnioe'�vitd ratd real e�ht�. -A.�..y -
<br /> ;�i' ;� �,�, . • - md all!he renb. l�aes wd proSb uWni the�r.�om dtar deLult!n PerRormaan oi an�covenant.a•aopditlou 4a�1a� �
<br /> . . Wned; �nd waseanb the title thenW perl�ct+iad olear exceyt tor t61s moiti�EG —�--
<br /> � .. r���au���.�w.��i�a�n�.�a w�a, m��ain,c .n w�. .na .�wa��.a �in�'::>.:
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<br /> upon t6is mort��e�or!he deb!ucm+�d bY tWs wost��e. ;:`��:,:
<br /> . Seeond To � dl bufldln� thanoa iaaaeed a�alnd lora by flre.1�htntn�md tora�do In �ome comp�n,y,to b� ap �------
<br /> :_ ,..if �� � .87�,_00 °�-�=—
<br /> - - pravsd by tba ar1�Saait Ftders!9sYia�s dc L�s�!��etefl�n d �3eaad ielaad tn the aum of R � for --- ---
<br /> We beneift of the iatd At�od�tion,aad ib�ucces�oia or aadgns; md to depa[t eatd policies w[th a�td Aaoef�Hon,and�11 no! ��..�:
<br /> commit or miter wY aute oa aaid Ps�a� And slull Pat aad keap anid real estate bulldintD��nd impraveme�a 90�aod '•,'�
<br /> .. ora.r � ��`'�
<br /> ^ � Third. To y�y or cause to bo paW to t6e Home Federal S�vinQr+ 4 Loan Aasoci�Uon of Graad L1and,its aucceww�s or
<br /> � ���at� Twenty Two Thousa�d Ei9ht Hundred SeventY Five and no/100------DpyyA� � :=-
<br /> p�nbr ..touo*.: ----
<br /> , —_—_-
<br /> - ';�_,;;:,s��� __
<br /> . Three annual payments of $7�625.OU beginning April 28. 1993 with semi-annual ,..�.,.�_,���•'"—
<br /> , ' interest payme�ts beginning October 29, '1992. Final principal and interest �1;;±�=���:=°��
<br /> payment due april 26, 1995. '-"
<br /> ��I.C.Y. -_
<br /> � ,• ii.Ytr���.m
<br /> - � � � ��:T!l�i'.i`�' " __
<br /> • � i: ' • ~M�Ir'Yt._—'
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<br /> � dth iqternt thereon payable, accordlaK to t6e tenor and efiect of the one certaln flrst mortgaBe note of aald mort��on, � _��:�.�: `
<br /> : '.+<, _- _ .,;_;'=_;
<br /> ��� bw3pR even date aith theie preseats. After matuiitY eatd bond clraws lntenett at tde nte oi nlne per cent per �nnum. :_� :.; ;;
<br /> "��j���;;�':�" If said taxea aud atsessme�s are not pafd ahen due, or it the balidinge on aeid premlees ere not Insured as above pro- •: ." ��:.
<br />- ���`+'���� • vided�or�!�ny oi eatd intera�t ia not paid when due.then eaid whole debt el�all become dae immedlately.at the optlon ot the F .���"�"��—,�
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<br /> • - aid Asroclation,and siull t6ereafter draa lntere�t at the rate ot nine per eent per annum. __ �_ :' •.�
<br /> � ' The ma�tg�Bars hereby aaiBn.� to �aid mortgagee �11 rents and lncome arislag at any aad all tlmea irom said . : . :;���--�
<br /> prnperty aad herebp anWorlrs eaid mort��ee or ite a6eat, at ite option, upon detault, to take charge of wid prnperty and 'j
<br /> r �
<br /> colleet all redte and income tt�erefrom and apply the eame to the payment o[ intoreat, prlacipal. inaueance premiums,toxes, C�
<br /> �sneasmeata, repaiis or lmprovementa neceasary to keep u►id property In teaaatable coadition, or to other charges or paY• �
<br /> menb provided for 6erein or in tha note hereby eecured. T6is rent essignmeat ahWl coatlaue la force unW the unpaid bal• . �
<br /> � once of aald note ia fully patd The takL�B of possesatoa hereunder ahall in no manaer preveat or retard snid mort�a�ee in r!
<br /> the collection of said eums by foreelasure or othetwise, �
<br /> � � WheWer safd debt becomea due by lapse of time, or by rcason ot t6e failuro of tqe party uf the first part to comply
<br /> wit6 any condlUon heretn. Ute uild Home Federal 8avL�ye � Loan Aaaxiatlon ot Grand Island, the �ucce�sors and wlQas, �.�
<br /> • , ; � : �,� ehall dave the right to begin the toreclosure of this mortqnBe ut oncc on t6e whole debt hereby secured, aad to include
<br /> ` �''�,':�� therein all tauea, assesaments, tasuranee prem[uma aad costs, paid by It or them; or satd Assoclntion, its auceessora or �
<br /> ' ' ' . � ' oeslgw. way foreclose only as to the sum pact due, without Injur,! to thia mortgage, or the dieplacement or lmpalrment ►! �
<br /> 1 of t6e Uen thereot. �
<br /> .. , � �
<br /> And t6e sald first pu�ty aud tde makera oP sald note, eapeclally agree Aad declaro that the separate estata ot euch and
<br /> i every one ot t6em, tndudin� baW thnt now owned aad that hereaEter acqutred, ls pledged and bound for the payment ot ..�
<br /> � the debt hereby secured. �
<br /> � � � After We commencement of any auit in foreclosure the piniatiit therela sLall be entitled to t6e immedlate passeulon oi �
<br /> sald nrem�es and the au»olntment of a recelver there[or, notwithstanding they may be !6e homestead o!the occupant aod
<br /> � �'• notwiWstandiny the puHes llable for the debt moy be aolveat. and the first patty hereby consents W the appotntmeat of a fl '
<br /> 1 Receiver upon the productlon oi this ladenture. wiWout aWer evldence. �
<br /> The fore�oin� coadlt[on� and agreemeota. all and stngulur. being fully pertormed,thic conveyance aLWI be vdd,ot6er �
<br /> cvLte to b��nd remain ln full force and eftect.
<br /> ,�n��i�ia 30th dyyr o��nr i 1 A. D.. 19� .`
<br /> .-, .r f
<br /> In piraenee ot � ' � � fl.Y���� ('�a--''%
<br /> awrence R. Elrod
<br /> Fr�nces In. Elrod • �j
<br /> �-+'2�-�tt.•✓. �� _� :•_o.
<br /> :i�ie;:'.�01r1�7�L1�,e�fC�w�.: . 'd.�.ri '�'.��::dMl�:.::��ii.. _ �
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