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<br /> �+oRrc,nce
<br /> �fORTGAGG LOAN N0. L 22.49�
<br /> s icrrow n��MeN aY 7ues�rnEseNrs:rna� Daniel D. Gi dl ey and Di anne M. Gi dl ey, each i n ni s and
<br /> Cher own right and as spouse of each other,
<br /> ______Mortgagor,whether one or more,in consideration of[he sum of
<br /> � '. Twenty-five Thousand Six Hundred dfld NO��OO- "'""""'-'- DOLLARS
<br /> loaned to said mortgagor by The @quitable Duildin and Loan Assuciation of Grand(sland,NebrasF:a,Mortgagee,upon 256 shares of stock o[
<br /> � � said ASSOCIATION,CertiGcate No.L 22�49� ,du hereby grant,convey and mortgage unto the said ASSOCIATION lhe following � � . � , �
<br /> � � .described real estate,situated in Hall County,Nebraska: � . . �
<br /> LOT SIX (6) IN BLOCK TWO (2) IN HANN'S SECOND ADDITION TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA, EXCEPT THE SOUTH EIGHT (8)
<br /> FEET OF THE EASTERLY SIXTY (60} fEET OF LOT SIX (6), IN 6LOCK TWO
<br /> (2), IN HANN'S SECOND ADDITION TO 7HE CITY OF GRAND ISLAND, NALL
<br /> t:' '
<br /> z,;`; COUNTY, NEBRASKA.
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<br /> together with ell the tenements,hereditaments�nd appunenances thereunto belunging,including attached Iluor coverings,rill window screens,
<br /> window shades,blinds,storm windows,awnings,heating,air cundiiioning,and plumbing and water equipmen[and accessuries thereto,pumps,stoves, .� � � �
<br /> refrigerators,and utl�er fixtures xnd equipment now or hereafter attached to or used in connection with said real estate. � � �
<br /> And wherees the said mortgagor has agreed and does here6y agree that the mortgacor shall and will pay all taxes and assessments levied or
<br /> assesxd upon said premises and upun this moncege and the bond secured therebv be(ore the same shall become dclinquent;to(umish approved
<br /> insurance upon the buildings on said premises situated in the sum o(S Z5�6�0.�Q p�yable to said ASSOClAT10\and to delicer to s�id � � _ � . .�
<br /> ,'1SSOCIATION the policies for said insurance;and nut to cummit or permit any waste on or about said premises
<br /> - !n case o(defaull in tlie per(ormance uf any oC the terms and conditions uf diis mortgage ur tl�e bund secured tiereby,the mortgagee shall, , - � �.
<br /> on dcmand,be en�itlad to immediate possession of the mortgaged premises and the mortgagor here6y assigns, transCers and sets over to the �
<br /> mong�gee all tht rents,revenues anS income tu be derived from the mongaged premises during such time as die mortgage indebtedness shall remain �
<br /> unpaid;and die mortgagee shall have the puwer tu appoint any aeent or agenu it may desire fm the purpose of repairing said pcemises and renting . � � . �.
<br /> the same and collecting the rents.ravenues and inccme.and it may pay out of saiS income all expenses o(repairing s:�id premises and necessary
<br /> ;t: commissions and expen�es incurred in renting and managing ehe same and o(collecting rentals ttierefrom;the balance remaining,if any,to be
<br /> ?,�� applied toward lhe discharge o(said mongage inde6tedness;thete rights of the mortgagee may be exerciud at any time during the existence of such � �
<br /> � default,irtcspecti��e o(any temporary waiver uf the same. . � � .
<br /> ' Tlicse Prcsents,l�owrver,are upon the l'ondition,7'hat if the s:iid�fortg�gor shall repay said loan on ur before the maturity of said shares by �
<br /> paymenr,pay monthly to said ASSOCIATI01 of tl�c sum sprcihed in the�ond secured t:ereby as interest and principal on said loan,on or before �� - �
<br /> �'r ' the T��'entied�day of cach xnd evcry month,until said luan is I�ully paid;pay all taxcs and assessments leeied agninst said pcemises and on this Afort¢age � � �� �
<br /> . and ihe Dond secu�ed thereby,before delinquency;fumish�pproved insurance upan the buildings thereun in the sum of S25�(QQ.QQ payable
<br /> to said ASSOCIATIOti;rep�y to said ASSOCIATIOV upon demand all money hy it p�id for such taxes,assessments and insurance with interest�t . � � .
<br /> the maximum legal ratc thereon from daic of payment�II uC which lfortg�go�hercby agrees io pa}•:permit nu waste on said p�emises;keep and wmply
<br /> with all the agrcements and cunditiuns of the I3ond for 85�6��.�� this dap given by the s�id Jlortgagor to said ASSOCIATION,and comply
<br /> w, wiih all the requirements of the Constiiution and fiyLaws o(said ASSOCLITION;then these presents stull becom^null and roid,otherwise they
<br /> shall rem:+in in full(orce and may 6e(orcclosed et the uption of the said ASSOCIATION afrer Cailure for three months tu make any uf said
<br /> payments or be three munths in arcears in m�king said munthly payments,or to keep and comply with the agrrements and conditions oC said Bond; � �
<br /> and Alortgagor a�ees to have a receicer appointed Corthx�id�in such foceclosure proceedings. �
<br /> I(tl�ere is any change in ownership o(the real estale morigaged herein,by sale or othenvise,then the entire remaining indebtedne:s here6y �
<br /> : secured:liall,at the uption ot The Equitable Building and Loan Association o(Grand Islxnd,Nebrasl:a,become immediately due and paya6le without
<br /> (urdier notice,and the amoun!rem�ining due under said bund,and any other bond for xny additional adtiances made thereunder,shall,from the
<br /> Ydate o(exercise of said option,bear inierest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> 6ond,and any u�her bond For additional advances,together with all sunu paid by said The Equitable Butlding and Luan Aswciation of Crand Island,
<br /> - ' �ebraska for insurance,taxes and asxssments,and abstracting extension charges,with interest thereon,fwm date u(payment at the maximum
<br /> legalratc.
<br /> As provided in the Bond ucurcd hereby,while this murlgage remains in e(fect the mortgagee may herea(ter�dvance aJJitional sums to the
<br /> mal:ers of said Dond,their assigns ur successurs in interest,wliich sums shall be within the security of this mongaee the same as tha funds oriynally
<br /> secuted thereby,the tutal amount of principal debt not to exacd at any time ihe original amoun[oi this mortgage. ,
<br /> c Dated this th , a,y ur JanuarY ,a.n.�v 77 I
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<br /> , `1���� C� F ��'� i /� i���i i! ! 'I I
<br /> )anie D. i e y Dianne M. i ey ��- ;
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<br /> STATC OF NEBltASKA. sa. On this 5ttvay or January 19]] ,before me,
<br /> COU,YI'Y OF tIALL� _�i
<br /> � the uqdersigned, Notary Public,in and for id County,perwnal! came ,�'
<br /> Daniel D. Gidley and Dianne M. Gidley, each in his and �ier own right an� as spouse ofi ♦ Ve� ;.;>
<br /> 2dC�1 other, ��'ho ;re personallyknownto � � '�
<br /> . � me to be the identical person S whose name s are affixed to the a6ove instrument as mortgagor 5 and they severally .�.
<br />�� , acknowledged the said instrumen[to be thei r voluntary act and dred. : � � ..
<br />" W7TtiESS my hand and NoWrial Sesl the date aforesaid. �\ ' `�� / c{1
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