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<br /> y APPL# 001-7021Q018 . . :_
<br /> ML# 0800000000 � _
<br /> ` '`, �`a"•�LS�.J �L'II1..1��L�8 H� AS'8���4.�L'��� f ` •
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<br /> �� TIM C PLATB. A SI2SGL8 PSRSON AND RUDQLP F PLATH AND JF.3�r1NICE A PLATB. HIISHAbTD AND WIFS • . "'f
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<br />- • of the Counry of �L and State of ��� hereinafter called the parry of the first part. in : -_
<br /> �� SgVENTy FIVE THOUSAND AND NO/100 DOLL.ARS. �.� • � —
<br /> wnsideraaon of M
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<br /> n � in hand paid,do hereby grant, bargain, seU and convey unto the Home Federal Savings& Loan Associadon of Grand Island. Grand 1sland. (. ' � � .°-
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<br /> Nebraska,and its successors and assigns.the followiag real estate.situa[ed'm �'L : .,� , -.� -=
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<br /> Counry.State of NBBRASKA ,towit: � ' �� .�,�'
<br /> _ LA�T •fHlgTy (3p) , nT ANDERgON SECOND SIIBDIVISION IN ZZiE CITY OF -p.•-a,,.=,..'"�.�'��
<br /> GR1�ND ISLAND, FiALL COIINTY. NSBRA51(A :.. " ','=���+-`_'-
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<br /> � Together with all the appurtenances thereunw belonging,and all covenants iu all the tide deeds ruaning with said real estate.and all ttte rents,issues � , ;4_`��_•
<br /> ' sad profits arising therefrom aftet default in performattce of any covenant or condition herein contained:and wattanis the title therew perfect and : �. ; �.. ;,;:�==
<br /> ' clear except far this mortgage. T ��
<br />, f�+ Dutrt►g the 6me[his mortgage is in farce the mortgagors agtee:
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<br /> F'ust. To pay all ta�ces and spec3al assessmenu levied against said premises,including all taxes and assessments levied upon th'ss mortgage. , 4�:. ,�•,�
<br />� or the debt sewred by t6is mongage. • '�'` " -�'` ` -
<br />' ' � Second. To keep all buildings ihereon a�sur�ed a�:.'�st loss by fire,lighming and tornado in some company.to be approved by the said , •''����'i.;;,._-•-
<br /> � Home Fec�erdl savings&Loan Associauon of Grand Islaad in the sum of S �5,000.00 , for the beaefit of the said � ' , � ��
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<br /> Associatioa,and its successon or assigns:and to deposit said policies�ijii said Associatioa,and shall not commit or suffer any waste on said :E,� - __
<br /> ` premises,aad shall put and tceep said real estate bu�dings and improver.r�s in good order. �,. � '
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<br /> . Third. To Qay or cause to be paid to the Home Federal Savings&Loan Associacion of Graud Island,its successors or assigns,the sum : `.��'. , ; �. ,
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<br /> ' SEVENTY FIVE THOIISAND AND NO/100 DOIIJ►I2S. � . r ' �' .•: r°:='
<br /> sum of$
<br /> payable as follows: �, -7 •;i (�
<br /> �� DIIS: MARCH 1. 199H �;; .;�t "-��.�� �� —
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<br /> with interest thereon payabte,accord'mg to the tenor and effect of the one certain first e-Artgage note of said mortgagors,bearing even datc witb : ,f,.�i ,,,
<br /> these prese�,.�- After maturiry said bond draws mtecest at the rate of nine per cent per annum. ?�� � ����
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<br /> If said taxes and assessmenu an,not paid when due,or if the bnild'mgs on said premises are aot insured as above provided,or if any '.�i�~'�`; ��r, -
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<br /> of said iaterest is aot paid when due,then said whole�lebt shall become due immediately,at the opaon of the said HssociaUon,and shall thereafter .,��= , �°
<br />� draa interest at the rate of aine per cent per annum. ;�'�'�'"'�_
<br /> The mortgagor(sl Lereby assigrt(s)to said mortgagec a0 rents and income aris�g at any and all times from said property und hereby �."�"'.•"�{!!�:;'���°
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<br /> • authorize said mortgagee or it�agen�at its oprion,upon default,w take chazge of said properry and collect all rents and income therefrom and :�� - ���__.
<br /> , ' apply the same w the payment of inL°r,:s�principal, insurance premiums,taaes,assessments,repairs or improvements necessary w keep said :'°;�'����
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<br /> , propercy in tenantabfe conC:on,or to c��charges or payments provided for herein or in tve aote tr:e3y sewred. This rent assi�.�►1 shall �:..��F.'= -
<br /> continue in force until the urraid balance of said note is E.�lly p�aid. TGe taking of poss��•r�3�erounder shaU in no mayzer prevent or retar0 said � . � �``�'"Pp"�'
<br /> mortgagee in the collecpon of said sums bX't'o�'ecfostare ac othecwise. ��"�'��:.
<br /> s.,..._
<br /> Whether said debt 6ecomes due py lapse oF tw.�.or by rec�on of the failure of the party of the first paR to:.;:mply with any condition ,.•: �J �r"-"'Y�'="'
<br /> ':4Afr.at-:
<br /> • herein,the said Home Federal Savings&Loan'/l5so�iation of Grand Island.the successorsand assigns,shall have the right to begin t he forec losure z.�,��..F�.`.�
<br /> � oY this mecr�age at once on the whole debt hereby se,cured,and to include therein a0laxes,assessments,insutance premiums and wsts,paid by
<br /> ;�. .. ; =_."�''�,
<br /> it or them;or said Assoeiallon, its successors or assigns.may foreclose only as w th.e sum past due,without injury to this mongage,or the • _. �
<br /> : displacement or impairment of the lien thereof. • >'• �' � �
<br /> � And the said first party and the mal�ers of said nate,especially agree and decla.r��at the separate estate of each and every one of them. , � . • `ii€"•
<br /> instuding botb that now owned and that hereafter acquired,is pledged and bound for ths payment of the debt here6y secured. `
<br /> After the commencement of any suit in foreclosure the plaindff therein sl�all be enti8ed to the immediate possession of said premises and . . ��-"
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<br /> the appointment of a�eceiver therefor,not withstanding c`ey may be the homestead of d:e occupant and not withstanding the panies liable for the , . _ � �
<br /> debt may be solventi an�tie first party hereby cons�crs ra the appointment of a Recei:er upon the production of t�s indenture.without other • - .
<br /> evidence. • _�
<br />�• The foregoing conditions and agreements.aU and singular,Cemg fi�lly performed, this conveyance shatl be void,otherwise to be and � ' , . �_::
<br /> remain in Poll force and effect ' .. �
<br /> Signed this 3� day of ��, 1997 A.D.. .. . �
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<br /> In presence of Rt1DOLF F FLA ` �__
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<br /> ICS R PLATE � �
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