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<br /> mICHAEL GALUAN AND �1ARI1_YN J GALUAN� HUSBAND IIND WIFE
<br /> ut tlie County of HALL ��sd Sute of NEBRASKA �horeinaRer called tl�e parly af i6e ilrat par�, In
<br /> comideratfon ot FORTY TNDUSAND AND NO/100 UOLI.A[t5,
<br /> In hand pa1J, clo h=reby grant, bargain, sell end convey unto tlie flome federol Savings &L.oan Assaciatlon of Clrand Island, (irand Island,
<br /> Ntb�aska,and its successors�ad essigns,the fotlawing reai est�te,situ�ted in HALL
<br /> County,State of NEBRASKA ,io�vit:
<br /> LOT THIRTY (30). FONNER UIEW SECQND SUBDIUISION LOCATED IN THE CITY
<br /> pF GRAND Ig�qND. HNLL COUN"f Y� NE8t7A5KA
<br /> Together w(tlt PII the�ppttrtenanccs thereunto belonging,pnd a0 covenants in all the title deeds n+nning with so�d real estste,nnd all the rents,issues
<br /> and profits arising therefrom�fter defau(t in parfarmanu of any covenant or condition 6erein contnined;and warnnts the titic theretn perfect and
<br /> cicer except for this mortgtge.
<br /> Durir.g!he time this mortRage is in force the mortgagars egree:
<br /> PirRt. Tn pay tll uxeS�nd 6peclal�ssessmen�davicd against s�id prcmises,IncWdi�ig ail taxes anci assessmen�s lev ied upon tlds mortgage.
<br /> or thc debt accnred by this mortgagc.
<br /> SecnnA. To k��n�lt hpi{�t�r��a�hr��nn i�c��r�Q�ooalnq��ce hY flie.I�o�ItS!!t?o 9!!�tning�ln�p�..�„�z�n,F��,ty�h.���inyi'+!��l�kt��
<br /> Home Peder�l savings�I.o�n Associ�tion of(itrnd Isl�nd in the sum of S 40.U170.00 , for the benefit of the said
<br /> As.sociatiun,�nd its suc�cesson or asslgns;end to deposlt said pollcies with said Aasoci�tlon.and shap not commit or suf&r any wasie on said
<br /> premises,�nd shall put and keep said ral estate buildings and improvements in good order.
<br /> Third. 'fo pay or cause to bo paid to the tfome Federal Savings dc Loan Assceiation of Grand Island,ita successorsor ossigns,ti�e sum
<br /> st�m o5 S FORTY THOUSAND AND NO/1�0 ___ � ' pp�g�
<br /> p�yablc as follows:
<br /> DUE: �1ARCH 297H, 1997
<br /> with interest thereon payable,accc►rding to du tenor arA eRect of the one certain ficst�rwr:gage nota of soid mortgagors,bearing even date with
<br /> these p�esent�. ARcr m�tnriry said bond dnwa intereat tt the rate of ninc per cent per�nnum.
<br /> If s+�id taxes�nd�ssessments�re,not p�id when due,or if tice buildirtgs on atid premise�nre nnt insured as above provided,or if�ny
<br /> of said intcrest is not pakl when dus,then s�id whole debt shall become due immediatcty,ot the option otthc snid Assaciation,and shall thtreaRcr
<br /> d�aw interest at the nte af nine per cent per annum.
<br /> The mongagor(e)hercby�assign(s)to siid mortgagee aU rents and income arising a�.4ny�nd dl dmes from txid property�nd hereby
<br /> au�horiae s�W mort��gee ar iG��gent,it its option,upon slefnoh,ta take charge of saiJ pmner�y and collect dl tents anc) inconte thetefrom and
<br /> appiy�he same to tfie payment of interest, pPincipal. insura�Ke pcemiums, taxes,assessmenW,rcpafrs or improvemenu neces�ary to keep said
<br /> ' property in tenantahie condition,o�ta othe�chargea or paymentx pruvided for I�erein or in the note hercby securnl. 7'his reru�asignment siiail
<br /> wntinue in force until the un9aid bal�nce oY sald irote t�fot(y paid. Tl�e taking of possasion hereundcr ahall in no manner prevent or rttard s�id
<br /> mortg�gee in t�e colkction oP eaid suma by fareclosu�e or othsrwise.
<br /> .> Whether said debt bCCOmes due by lapse o6 time. or by reason of the failure ot tt+e�atty nf the frst pan ro camply wiUi any condition
<br /> hercin,the said Home Fe.derd Sivinge dc Q.o�n Associadmi of(irand Island,the successors�ad issign�,shell have the right to hegin the foreclosure
<br /> a�titis nxtttgege at once on the whote debt hereAy secured.and to inclUde�licrcin all taxes,actesxnxn�a,insurance premiwiu TnJ c��stc,paid by
<br /> il or thcm; ur eaiJ A�snciation,its succcc.tors or esaigns. may I'orccla�c�mly as to�he sum past duc.wiUiout iojury w Uiis nrortgagr, or tGc
<br /> displacc�mnt or imp�fnnent oi the tien thereof.
<br /> . And the said firat p,rty and the makers of said note,esNectally agree end declare that��c aeparate cst�te of each a�xl every one ef them,
<br /> including both thnt no�4 owned md that hereafler ncquired. Is pledged and bound for tl�c payment of the debt hercby secured.
<br /> . After t1�e cou�mencement of any suit in foreciasure die plaintitP dicrc3n shall be entitled to[he immediate possesslon of said prcm;aes and
<br /> tlio ap�x►intn�ent o7a receive�therefor,not withstanding ihey may be die hnmesa:ad of Uu occupant ancD not wiU�standing Arc panies li�b7e•F�r the
<br /> deht may be sol�ent,md 1he firat p�tty hercby consPnu to tlie ap{wintment of a Receiecv upon tlu production of this Indanturc, w�iiaut other
<br /> �
<br /> evWence.
<br /> : The foregoing cotxlitiona and agrcements,all ond singular,hcing ILI�y performed,th9s conveyance ahall be void,otlurwise to be and
<br /> �emain in ILII force and effect.
<br /> � Signed this . 19TH day of SEPTEmBER A.D., 1996
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<br /> in prcui�cc of �
<br /> X • 9�19/96 THE FOREGOING INSTRUmENT WAS ACI<NOWLECGEO
<br /> �G L A , TGA A � BEFORE P1E THIS 19TH DAY OF SEPTEmBER 1996
<br /> X 9 19/96
<br /> m RI YN J. GALU , mORTGAGOR�
<br /> �tti�tiO�qM
<br /> 11194 ����� TA Y PIBLI� Rz���
<br /> �'�"�ISSI�N EXPIRES.� /�96
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