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<br /> AtORTGAGG
<br /> �fORTGAGIi LOAN N0. L ZZ,487
<br /> u�ow,�L�r�eNBVT�ieserREsenTs:T�,3� Y.aren A. Eakes and Ronald L. Eakes, ;ier husband
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<br /> =' � _______ Atortgagor^whethtr one or more,im m�sideration of the sum of � . � � .
<br /> Forty-five Thousand and No/100------------- ---------------.��L.a�s
<br /> . � luaned to said mongagor by The C-quitable Building and Luan Association uC Grand Island,Nebraska,�lorteaeee,upon 450 �1�ares oF stock of � � � �� . .
<br /> ' r�id A5SOCIATIO�,Certifiu�e Ku,L ZZ�Q$] ,do hcreby grant,com�cy and mortgage unto the said ASSOCIATIOA'tht following . . � . �
<br /> - dzscribed real estste,situatrd in Hall County,Kebrasia: - � : �
<br /> LOT THREE (3) IN fRACTIOtyAL BLOCK 1}IIRTY-THREE (33) IN P10RRILL'S ADDITION AND
<br /> THE WESTERLY FORTY-T1J0 (42') FEET OF FRACTIONAL LOT TJO (2) IN FRACTIONAL 6LOCY,
<br /> THIRTY-TNREE (33} IN MORRILL'S ADDITION AND ITS COh1PLEtdENT TO IJIT: TNE 4lESTERLY
<br /> FORTY-7W0 (42') fEET OF FRACTIONAL LOT TklO (2) IN FRACTIONAL BLOCK FIFTY-FIVE (55f
<br /> IN WASMER'S TNIRD ADDITION, ALL 3EItJG ADDITIONS TO THE CITY UF GRAND ISLAl4D, 4ALL
<br /> �. COUYTY, NEBRASKA.
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<br /> +;�� mgether wi�h all Uie tenemrnts,Lercditaments and appunenances the�eunto be(oneine.including attaclied tloor wrerines,all winduw ureens, � � �
<br /> w�indow shades,blinds,sm�m windoH�s,a�enines,heating,air conditioning,�nd plumbing and water equipmrnt and 3ccz:smies ehereto,pumps,stores, . � �
<br /> _ refricerators,ar.d other fixtures 3nd equipment now or hereafcer a[tached to or used m cunneciion�cith said real as[ate. � � �
<br /> - :1nd u�he�eas the said morteaeur lias agreed and does hereby aeree tli�t Ihe nwrtc�cor shall and wil!pay all tazes and assessmrnts le�ied or � .
<br /> � assessed upon uid pcemises and upun tliis mortc�ge and the bond secured dirre6y beforc the s:me shall become delinquent;to furnish�ppruced �
<br /> _ insurance upon the 6uildings on ssid premisrs situ�ted in the sum of S [}5 OOO.00 payable �a said ASSOCIATIO\ and to dzlittir to z�id � . � �
<br /> �� �� ASSOCIATIOV tha policies fnr said insuranrc:and not to commit or prrmit am�w�astc on or ahout said pcemiser, � � .
<br /> �, in case of deiault in ihe pa�iormanre uf anq ot the terms and condi�ions of this muneace ur ehe bund securcd hereby,the morte,agee shsll. � �
<br /> on dem�nd,be entitled�o immediate Fwss:ssion ot 4ia mortexeed premises and the mm�racur hereby assicns, trsnsfers and sets orer tu the
<br /> ; �. mongagea all ihz rents,revenues and inwme�o be deri�•ed from the morteaged premius during such time as the nturtgaee indebtedness:liatl remain .
<br /> ':�� � unpaid:and the mur�eagce shall h�ve the puwec tu�p�wint any acnnt or aeents it may desire ior the purpose of repairing said premises and rentin¢ �
<br /> � the s;ime�nd ml�ecting the rents,eecenues and incume,and it may ps}•out of said income all e�penses of mpairine sid p�euilse:and necessan� � .
<br /> ' commissions an�i espenses invrred in renting and m�naging the s�me and of cullettine rentsls thzrofrom;the Ual�nce remaining,ii any,w be
<br /> - applied tou�ard�he discha�ge ul said murteage indebtedness:these richts uf the mongsgee m�y 6e zzercised at any tinu during the esistence of such
<br /> dciault,irres}xctivr ut any tempur�n�waieer of the same. -
<br /> � Thex Presents,haccver,arc upun the Cond«iun,Th�i if thc said\tongagur shall rep�y ssid loan un ur belore t}�e maturity o(said sharcs by
<br /> p�ymenr.pay monthh•to said ASSOCIATIO\of[he sum specif:ed in ihe Bund sacurrd hereby as interest and principal on said loan,un ur beforc �
<br />� .£� � the Twcnueth day oi cad�and cecry montti,until s�id loan is iullp paid:pay�sll�ascs and asussments leried aeainst�id premixs xnd un this 1lorteage
<br /> • and th:Hond sewred there6y,beiorc dzlinyuencc:furnieh appruved insurance upon the buildim_s thereun in the:um ot S G5�0��.�� pa)'able
<br /> lo s:�id ASSOCIATIO\:�epay to r_id ASSOCiAT10V upon dcmand all monev b}�it paid fer such taxes,asszssments�nd insuranca with interes[at .
<br /> ihr masimum legal�ate thereun(rum dste of pa��mrnt all of«�hich�fongagur hercby agrees w pay:pttmit no was[e an said premises:keep and comply
<br /> �� w�i[h all the ag�ecm:nts and mnditiuns of[he Dund(or� 45����.�� this day gi��en by the s�id!lfortgecor[o s��d ASSOCI,ITIOV,and comply
<br /> ' H�iih all the roquirements of the Cunstitution and 13q-La�cs oi said ASSO(:IATIOV;then these prcs:nts shall 6ecoma null and cuid,othenrise they
<br /> - shall�em:+in in fuil force�nd m�y bc iorcztouJ at ihe uption uf�he said ASS(x1AT10V al'ter iailurc for three months to make any ot said
<br /> . p�vments or 6e�h�er monihs in ar�ears in making said mm�tlily parments.or tu krep 3nd cumply�rith the aereemen�s and canditions ot said Bund:
<br /> and�fortgagor�erees�o hsa a receiver appoinicd fonh��'ith in su�h foreciosure proeeediaEs.
<br /> If there is any changc in ownership of thr raal esia�r mortraeed hecein,by salr or otherN�ise,then tha entire remaining indebtedness heteby
<br /> secured sh�li,at the c ption of 1'he Equitabie Building and Luan Aswcia�ion ot Grand Island,tiebrasl:a,become immediately due and pay�blo u�ithout
<br /> � (unher notice,and the amoum rem�ininc duc under s�id bond.and any mher 6ond toc any zdditionsl adcanas made thereunder,sh�ll.(tom ihe
<br /> : d��e uf e�erciu ol s�id optiun,bcer interrs:at the m�simum Iecal ratc,and this mortgace may then ha fureclosed to s3tisfy the amount due on said
<br /> bond,and anr other bond for additiunal ad�.nces,to¢c�hcr with all sums paid 6y s�id The Fquit:�ble Building and Loan lssocia�ion of Grand Island,
<br /> Neb�aska fur insunnce,taxes and auesaments,and�bstracting ex[ensiun charges.+vith interest thereon, from date ot payment at d:e maximum
<br /> � le¢alrate.
<br /> - As p�o��idrd in the Bond xcured hrreby,�shile ihis mortgape rem�ins in eCfect the murtFagre may�hereaCter ad�snce�dditiunal sums m thz
<br /> � mxkers of saiJ 6ond,thoir assigns or successors in interest,u�hich sums shall br within the ucunty uf this mortgaee the same�s the funds orieinally
<br /> ucured thereby,the total arr.ount o(principal debt not to esreed at any timr ihe original amount of this mortcace.
<br /> ���Ca itds 31st a�y�r Oecember- ;-- :a.n.,i<�76
<br /> , C� . '`� , :�_� '��-.-,.�64 � .�r�<< _l
<br /> � n . aces � RonaTd-L Eakes
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<br /> STATE OF\EBRAS}:A, ss. On this 31 St ���,o� December ���76 ,before me,
<br /> COUN'fY pF HALL� �
<br /> � the undersigned,a Notary•Yu61ic in and for said l'ounq�,personalty came
<br /> Karen A. Eakes and Ronald L Eakes, iier husband N .
<br /> ..;"�"�.++�-'-�+'�,.� "'h� are p'rsonally known to , �
<br />� _ l ,.,/'-'�,�, P,4!`r..;..;.
<br /> y ,;,seL,lo h,{q:,idedtlnlperson 5 whose name s are affi�ed to thc�6ore instrument as mort¢agor 5 and they severally �.'" ,
<br />^p"`',;�'� (�`l ac$fiou9edRedA};esaid instrument to be thei r ��oluntan•act and deed. ^ �
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<br />�.�., ` . ��tVlT;VfSS my hand and kutarial Seal ihe date afuresaid. ^ 1
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