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<br /> APPL# 001-61226017 � _ �' �''�_
<br />' � ML# 0000000000 '" ' ` , -
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<br /> blIKB 6ALVAN AND MARILYN J OALVAN. I�OSSAND AND WIFS . . � -.< . �-
<br /> ' `� of the County af �L and State of ��� hereinafter caUed the party of the first part.in ` � • ` ._
<br />___ considerationof �IRTY FIVE 2'EiOUSAND AND NO/100 ���. ` � _� _ .
<br /> .. , in hand paid,do 6ereby gcant, bargain,sell aad convey unto ttse Hame Federal Savwgs& Loan Association of Graud Lslaud.Grand Lslaad, - ' , ~
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<br /> Nebraska.and ic5 successors and assigcs.��.�`.?�w�^�.,;r�al�..s:marEd in ��'
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<br /> County,Stai�o`. NSBRASECA ,towi;� ' p��r':-' ''.,. ':
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<br /> �3i SSVSN (7?. BLL'CK ONE (1}. GEORGE LOAN'S SUBDIVISION OF THE CITY '��'�,,�+`�'�;�'' _� �
<br /> . CL' ^�-TL�i.�'D ISI.Pil��. HALL CQ'7NTY, NEBRASKA. • '��%is:.� --
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<br /> ;,�`.,� Tc��.`_.r wah c31 t�:.ap�urJZmaaces therezm;n betanpg,m3 a61 covenans ia all the tiile daeds running with said real es�,and aU ths rents,issues ; ' u��'��'::
<br /> ` =�� assd p:c�arising theze5�m afrer default in performaaee of any cov�ant ar conditioa hereiu cantamr�and wanznJS7he tiile tlt�run perFect and � 1.�
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<br /> cieas:acap:fa.tbis mortgage. t, ��"�� �; �',_
<br /> ` IDisring the tane this mortgage is in force the�agors a�ec: i�'�f�� f¢ '
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<br /> � fcsi. T o Q ay a ll t a x e s a n d spec i a l a s s e s s m e c t s l e ti n:d a g a m s t s r i d p x�e m i s e s,i n c l�t d i n g a ll t a x e s a nd assessmentslevied u p on this mort g a ge, ;ri'y�1r;�•.,-:: .-�;��s,:,,.
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<br /> . or rhe��a sQCU.�lry this aortgage. 'Uj�'y�, ��. .�Y--
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<br /> . Sacc�td. To Iceep a11 build'u�gs thereon insuted against los�by fire,lig6ming und romado in some comQaay.tn be approvesl by the said �'��`%����
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<br /> Hotne Fedsra7 saving�&I.oan Association of(iraud lstand in the som of� 35,000.00 , for the bene8t of the said _:'�_ �,�p,
<br /> . � pssaciation,aud its successors or assigns;aad w deposit said policies aith said Association,aad shaU aot commit or suffer any cvaate on said
<br /> ramises,and shall ut and Iceep said real estate 6uildings and impmvements ia good oMer. � `����.
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<br /> � ,•,, � 9fiird. To pay or cause to be paid W the Home Federat S�vings�I.aan Assceiadon of Cirand Island.its suc�essora or assigna,the sum �,�,4.,;� �.��t .
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<br /> ; sutn of S T��TY F� �OUSAND AND KO/100 DOU.AAS.
<br /> payabte as fo4fows: - '�
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<br /> IIIIB: AUdUST 1, 1g97
<br /> witD laterest thereon payable.accoMing to tha tenor alsd effect of the ane certain flrst mottga�o note of azid mort�aYore.beadng even date witb -- `��
<br /> -��'�-= these presrnts. After maturiry sald bond draws Inrerest at tdie rate oi nine�er cea►p�u�uium. -_
<br /> ' ' IP said mxes and assessments ue.aot paid when dus,or if�he build'mgs on said premises are not inYU�ed aa nbove provided,or if�ny ,._M�
<br /> of saId in�rest is¢ot paid wQen dae,then said whote debt shall beco�ae dae i�nmediatety.at the opdon of the sai4 AssociatIon.and sha910ereafter ,.• �-�:
<br />, . draw mterest at the rate of ctine per cent per annum. '���"4
<br /> T6e mortgagor(s)henby assiga(s)to sa'sd mortgagee aIl renta and income arlsiag at any and all times fr+om s�id property and hereDy �.,.::TM_
<br /> � authoriu said mortgagee or its agent,at tts option.upoa defaul�w lalce c�uge of eatd prapesty aad collec�a11 rents and income therefrom anD ,...�.���-•- _
<br /> . apaly tba same to the pryment of inurest.Prmcip�l.insunnse premiums.roxes,assessments,rePairs or improvementa neressary W kee�said =_ _
<br /> Propenyr in tenwtable conduian,or w oiher cSaarges or payments provi�ed for herein or ia tha note heaby suured. '14�is rent assignmeat shaq — ,_-- —�.-'--
<br /> continue in force aaLU tLs�'�.:i�f�:xnee of said note is flilly paid. The taidng of possession tteretmder sh�ll m ao a�mer prevent oa tetard said �'��"`
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<br /> mortgagee 6i t1►e collection uf s1:fl s-�^.....�s tiy foreclosure or otheraise. � "" -� -_
<br /> Whether said debt becomes d�¢by tapse of time,or by reason of the failure of Ne puty of E:e frrst put to compfy wi�3cy condidon -- _
<br /> • � herein.the said Home Fedetal Savmgs&Loan Associadon of(3rand Island.the sucxessots an0�ssigos.s�li Bave the right w bege��torectosure ,;,�,�,,,,,�,,T �
<br /> of this mortgage at oncre on the ahole debt hereby secured.and w inctude therein atl tues.assessments.wsurartce prerniums sad easts.paid by ��: �
<br /> it or them;or said AsssxBatioa,its successors or assigns,m�y foreclose only as to the sura past due,wit�hout in�,:ry to tbis mortgage, or 4ie --- _-
<br /> � dispt�cemenc or impa'srment of the lien thereoL �`�''�°�'�°��'
<br />� .' And the said first party and tDe m�kers of said note.especiilly xgree and declare thas the sepuue esmte of eub and every one of them. . • �.. ._ _ ••
<br /> ° inctuding Doth tbat noa oaned and that hereafter acquired,is pledged anB bound for the payment of the debt heteby secared. ��'�'''�`'."`'°"`��`'"
<br /> ' After tho commencement of any suit in foreciosure the plamdtP thereln a�ait De enritled w t he i m m e d l nte po s s e s�l on o f sa i d p n m L s e s m d �-� _
<br /> the aypointmeat of a recelver thercfor.not wuhst�ading they may be t6e homestead of dtie occupant and not withsta�du�g me partiea liable for 0e �.�__r_.__'!`-'•"�"'v_.'
<br /> • . de6t may be solvent,and the fust party hereby consents to the apDoU►m�ent o!a Receiver upoa the productkn of�is indenwre,wi�out oQur . -�«�-`� .�=:
<br /> evid,tnce. . ".� �...,'�r.,-�.�.,, ., -
<br /> � The foregoing condidons uad agreements,all and singular,being iully performed,this conveyaace shall be voiQ otherarise to be an0 ; : �
<br /> ' remain in full fotce and effect. �.�:':...;
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<br />. . Signed this 16Tli day of Y. 1997 A.D.. -•� - ' .
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<br /> '1' �I�B �ALVAN '1 � . . ••
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<br /> � � `� In pres�:ce of i��.Y�a s eaax.vA2: �, � s
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<br /> 11/94 �-�
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