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<br /> tdORTGACH � ,.�a ,�;
<br /> ��oKr�;nc�r.onN xo. L�22.A97 � �� ` "'
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<br /> , KNow�n�4A�ENu1'nir•s�:rit�seNrs:�ri,a� Frank E. Gi�y and��Ada E. G�y, each in his�and her�awn � , `: � '; � � � f � �
<br /> ri�yht and:�as� spouse�of each other- '
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<br /> WLLARS e r, { 1 � I
<br /> t ,.5ixteen.Thousand Four Nundred and.No/100- ___��sL�H"F°rywhethe�uncor_morc,lnwnsidcntionofthe:umof �� t ;+
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<br /> n r ^Io�ncJ lu said mortgagurby.Thc Gqufta6le Dmldtng anJ Loan AssociaUon of Grm�d lsland,Nebraska,�4ortgagee,u�nn 164 sharcs uf etock nf w ;; �' �t ��, �f �' ,: � i
<br /> , said ASSOCIATION;Certlticatr No.� 22 497. .��i�c«�y grant,cum�cy and mortgage unm the saiJ A5SOCIATION lhe following � ; , , !�: >
<br />� 'dcuribed rcal estaic;.situeted in 11�11 Count'y,Nc6railca: ' ' � �
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<br /> LOT 7W0 (2) IN'DLOCK SIXTY NINE (69) IN WNEELER i ' � t` a
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<br /> AND BENNET7'$ SECOND ADDITION, CITY OF GRAND' : ' t � ;
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<br /> ISLAND, HALL COUNTY; NEBRASKA. �� `
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<br /> togethar•with ult the tenemen�s,heredilnments�nd appudenances'thercuntu bclanging,including�ltached Iloar co�crings,alt H�indow scrcen�, y�; � u
<br /> u�induH�shades�blinSs,stotm��•induws;mmin�s;hcatfng,ait conditiuning,and plumbing and wa�er equipment ond�ccessuries t4ercto,pumps,sto�ts, X j �'t
<br />, rcGigc�alors,a�id utlier fixturcs and cyuipment now,on c�reaftcr attachcS ta ar used in rnnnection a•ith sald rcal estatc. i�;-` ,
<br /> And��•hcuas th6 s�id mo�tgagor has agreed and does hercb��agrcatlial the mouRagor shall and wW'psy�ll taxcs and auessments Ie�ied nr ��` � r' ` � ;
<br /> asscucd,uptin said prcmlus and upon tl�is mortgagc and the bund uwrcd thcrc6?�beforc thC same shall becume dclinqucnt:lu furnisL approved %; ; � 't .
<br /> Insurantt upon dic 6uilJings an said pmmises situatcd in thc smn oCS�E�4��.U�: {+ayablc to safd ASSOCIATION and to�1clG�cr ta said 'r".; R 4 ,
<br /> ASSOCIATION lhe pulicics for said insurancr,�ud not ro cotnmit or petmit any waste on ur about said premius; s r�:, • �Yr � �
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<br /> z In csse o f de fnu lf in Nm pet Curnuncc o f any u f t he tcrms an d mn d i tions o C U�is murtgagc or�6e bon d sccurc d he r c b y,t he mdtt�t gto sli�ll �: ' ' `"`
<br /> .. ' ,on dcnidnd,:bc entiticd to immcdiatapqucuion of thdmartgaged prtmitts and thc iuo�tgagor hercby.asstgns,:tr�ns(en and xts o�ror:ro thc ' '' r
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<br /> mortgagee all thc rcnts;revenucs and income to hc dc�i�^ed from the murtgagcd.prcmises during such timc as thc mortgnge indcbtcdne�sh�lt rcmain r:, " ,' +
<br /> unpaid;and�lic modgagec shalll�a�r the pu��•cc lo appqint an��agent acagents it may,desirc ior the purpou of repatring said premlu:ond rcntu�g :,: h h - ' �x
<br /> the same and collccting thc�ems,cerenurs and(ncome;and it may pay uut oC said,income.alI espenses.nf repairing said prcmiscs tind necessary ' " +
<br /> ,commissiuns and expense:incurrcd in rcnting and n�anaging lhe ume�nd uf cullccting rentals.tltcrcfrom;the halance rcmaining;If sny,to be �• c t`a
<br />,i ' sppIicJ toward tlie discha�gc of said mortg�gc indebtcdncss;these cights of the mortgaga may be eserciud at nnv time ducing t4c acistena oLsuclt i °' '� 1
<br /> "default;irrespecti�t uf any temporan�u�ai�er o(Uie ssme. ' 4'i C r �i+ � -
<br /> ` Tluu"Prexnts,'ho�eavcr;a�c upun thc CondGion,That if tlic said�tortgago�shall rcpay said lo�n on or before the maturity of said ahues by �s
<br />� nayment:p�y monthly to saiJ ASSCKIA7'10\oC thc sum specitied in the Uand securcdJiereby ar intercst and:principal on:aid Ioan;bn ocbeCurc � ' �;
<br /> 'the T��'enlielh dsy ot cach nnd nery month,until3aid ioan is fully paid:pay all�axes nnd asscssments le��ed ugsinst safd prcmises ai�d on this:llongagc ;•, L :
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<br /> �anJ Qic Uund securcJ tlumhy,befure dclinyucncy;fumish approred insurancc upan thc huildings qureon in the sum oC 5�6�4��.�� pay�a6le F � i {:
<br /> to said ASSOCIATION;rcpay to said ASSOCL\TION upOn demanJ all nwncy by it paid fucsuch taxes,asscuments and insuanccµ�ith inurcst at �
<br /> the mazimum Icgal ralc thereon Gom dale uf payment all of which Uudgagor herc6y agrca tu pay;permu no waste on�id premiscs;kcep and mmply i � `,`
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<br /> tcith all thc agmcmcnts and wnJitious uf die Oand far 5:�F�4��.�� Qdr day gi�rn by thc sald Afortgagor ta said ASS(X:IAT[ON,and wmply
<br /> wlth all the«yuiremcnt:of the Constltulion and Uydaws uC safd ASSOCIATION;thcn tlicu prescnts shall hccome null and�vid;othcrnisc they `. ' � �
<br /> ' sliall rcmain in fuU fo�m and inay 6e furccluxd a�tfic option of Ihc said ASSOCIATION a(tcr failu�a(or tlirec niunths.ro makc'sny:of said ��
<br /> ;paymcnts orbr threc momhs im ar�cara in making said monlhly payments,or to kcep and ctm�ply with thc agrcements and mnditiuns of sald Uond ' `
<br /> anJ Alodgagor agrecs lu ha�ro a retti�rr appointed fortMrith in such forcclosure proceedin�u. ' < �
<br /> ; If�hcrc is any changc In owncrship of thc tcal cstatc mongagcd hercin,.6y sale ur othcrniu,dien the eniire rcmaining indebledneu hemby f
<br /> ucurcdsliall,a�tfic uption of Thc Cquitablc�uilding and Loan Assodntion uf Grand Island,Ncbr�ska,become immediakl��due and paya6le without �-
<br /> further noticc,auJ the amounl rcmaining due undecsaid bond;and any other bondtot nny additfonnl ad�ances made thercunder,shall,'Crom thc
<br /> dala nf exercise bf said option,bar inurcst at thc maximum Icgal r�tc,and.diis nwrtgagc rosy thed be(u�cclosed lo satis(y ihc nmount duc an said
<br />� 6unJ,nnd any athcr bond for adJitian�l advanaa,togcllicr with all sums paiS b��said Thd Equita6lc aupding ind Luan Assuciation of Grand Isixnd
<br /> . , NebraskaforinsuranccctaxesanJassemnents,andab:iractingextensiundturges,with interat.thercon,Ycom date:uf paynuni.at the maxlmum .. �
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<br /> As provided in�hc Dond ucwcd hereby;whiie Ihis mortg�gc remains in.aUcct thc mudgngee may hercafter ad�ance additfunal sums tu thc
<br /> 'nuken of saiJ Oond;tfieir auigns qr successurs in intercsl;which sums shall bc�vlUiin du securily of tlifs muctgagc pic same as the funds nciQJnally
<br /> ' ucu�ed�hc26y,Jhc Iotal ati�oun(of principal debt not w estted at aiq•dme thc urigin¢1 amowu uf tlils muttgaga
<br /> Datcd this l�th ' ' day of r �80Ud1'y A.D.,19 77
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<br /> - Frank E: Guy. �a E..Guy ,;
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<br /> � STATC OC NEBRASI'v1 �u `�On qds. ' llth day of �a�Udl'y ►y�7 befure me r 4
<br /> COUNTY Of kIALL �
<br /> � thc undcrsigncd,a Notary Public In and fut safd County pc�sonallycamc � t'�f ��"� ;
<br />, Frank-E G�y and Ada E Guy,,each in his and her.own-right and as s4ouse�of each other;. �' � , � <'�5
<br /> _ w io are �rso��uy knn��n�o �' �,, `�� r ;
<br /> t�F f M-�to�tl(` dl pttson S : wLuse name S .".dt'0 uflixed tu lhe abow in:trumrntas moctgagurS �nd they xvcrnlly a ;,���� .
<br /> � v�p�A me�l h d�o y��l�p d,tnstrument to 6e�_ the�►' -�roluntary act and decd. . � ;�
<br /> �S ESS my hand nnJ Nothrial5cal ihc datc aCoresald' � , � � � � `,��.s
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