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<br /> MORTGACG
<br /> I�fURTGACE LDAN N0. L ZZ�53�
<br /> 5 KNOW ALL MEN DY THLSG PRESENIS:That JOFI(I M. Pri ce d►Id �l Odd D. Pri ce each i n hi s and her
<br /> � own right and.as spouse of each other
<br /> '; �fortgagor,whether one or more in conuderation of the sum of
<br /> ° Thii�t.v-six Thousand and No/100----------------------------------------------------noLLaRs ' '
<br /> loaned tn said mortgagor by The Equitable Building and Luan Assuciation of Grand Island,Nebraska,rfortgagee,upon, 36� ' sf�nres of stock of
<br /> + 5 said ASSOCIATION,Certificate No:L 22,537 ,do hereby grsnt,convey and mortgage un[o the satd ASSOC;ATlON the following
<br /> "deuribed ieaCestate,situated in Hall Cuurety,.Nebraska:
<br /> �:i�..� � . . . . � . . .� . � . . � � .
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<br /> �' LOT FOUR (4) IN MEAD�W LANE THIRD SUBDIVISION
<br /> f IN THE EAST HALF OF THE SOUTHEAST QUARTER
<br /> „j (Ey2SE;) OF SECTION TWENTY-SIX (26), IN
<br /> � ? TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9)
<br /> :y
<br /> .�`y WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
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<br /> together with all the�tenements,hereditaments and appurtenances.thereunto belonging,including attaclud floor coverin�,all window screens,. � ��
<br /> ` � window shadas,blinds,sturm windows,awnings,�Leating,air mnditioning,and plumbing and wa[er equipmentand acassories there[o,pumps,stuves,. � � .��
<br /> ; reGigerators,and uther fisturcs and equipment now or herea(ter attached to or used in wnnection widi said real estate.
<br /> And whereas the said mortgagor has agreed and does heceby agree chat the mortgagor shall and will pay all taxes and assessments levied or
<br /> % assessed upon s�id premises and upon this mortgage and the bond secured thereby beforc the same shall become delinquent;to furnish appro�td
<br /> s insurance upon the buildings on said premises:ituateJ in the sum of S 36,OOU.O� payable to said ASSOCIATION and to deliver to said:
<br /> ASSOCIATION the policies for said insurence;and not to commit or permit any waste on or about said premises
<br /> ` !n wse�(de(ault in the perFormance of any of the terms and wndition:of this mor[gage or the 6ond secured heeeby,die mortgagee:hall,
<br /> r on demand,be entitled eo immediate pussession of the mor[gaged premises end the mortgagor imreby assigns;transier:and xts oror lo d�t
<br /> j mortgagee all the rtnts,revenues and inrome to be derived Irom the mortgaged premises during such time as�he mortgage inde6tedness shall remain
<br /> unpaid;�nd the mortgagee shall have the powor to appoint any agent or agems it may desire for the pdrpose a(rtpairing said premises and renting
<br /> ; the same und coUecting the rents,cevenues and income,and it may pay out of said income all expenses oC repairing said premises and nea«,�y,
<br /> commissions and expenses incurred in renting and mxnaging the same and of collncting rentals tliarefrom:the 6alance remaining,if any,to be
<br /> applied toward the discl�eege of said mort�age inde6tedness;these rights of the mortgagee may be exerciuJ at any time during the existence of such
<br /> defatilt,irrespective of any temporary waiver of Uie sama � �
<br /> � Theu Presents,Lowever,are upun the Condition,That it the said�lorlgagor shall repay said loan on or beCore the maturity of ssid shares by �
<br /> payment;pay monlhly tn said ASSOCIATION uC the sum specified in the Bond secured hereby as interest and principal on said loan,un or be(ore � �. . � � .: -
<br /> thc Twenlirth day of each and every month,until said loan is fully paid;pay all taxes and assessmentt levied again:t said premises and on�his hlortgage � . �. � ��
<br /> and the Bond secuud thereb}•,before delinquency;fumish appruved insurance upon the buildings thereon in the sum of 5 3E)����.�0 payable
<br /> to said ASSOCIATIO`�;repay to said ASSOCIATION upon demand all money 6y it paid(or such[axes,assessmonts and insurance with intercst at
<br /> the maximum legal ram thereoa from date of paymem all of which Afongagor hereby agrees to p�y;permit no waste on said premises;kcep and comply
<br /> with all the agreemems and conditions o(the Dond for 5 36,���.�� this day given by the said Alortgagor to uid ASSOCIATION,and comply
<br /> with all the uquirements o!the Constitution and By-Laws of said ASSOCIATION:then these presents shall become null and coid,othenviu they
<br /> shall[emain in fult force and may be furedosed a[the option o(the said ASSOC[ATION after failum fur three months to make any of said
<br /> payments or 6e three munths in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; � �
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<br /> and ltorigagor agrees to have a receieer appointad forthwith in such toreclosure proceedings. � � � . .
<br /> I[there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,thm the entirc remaining inde6tedness hereby
<br /> '' � securcd shall,at the option of The Equitable Uuilding and Loan Asmciation oC Grand Is]and,Nebraska,bewme unmediately due and payable without
<br /> funher notice,and thc amount temaining due under said bund,and any other bond for any additional adnnces made thueunder,shall,Irom the
<br /> Jale o(txtrcise of said option,bcat intera[at the tnaximum legal rate,and this mortgage may then be fouclosed ro satisfy the amount due an said
<br /> bond,and any other bond(or additional advances,together with all sums paid by said The Equitabte Building and Loan Association of Grand IsLznd,
<br /> Nebraska for insurance,taxes and a�sassments,and abstrncting extension charges,with interest thereon,from date of payment at the mvcimum
<br /> tag�l rata
<br /> As provided in the Bond ucured hereby,whtle this mortgage mmains in effect the mortgagee may he�eaFter advance addiiional sums to the
<br /> makvs of said Bond,their assigns or successors in interest,which sums shall be within the securiry o(this mongage the same as the tunds originally
<br /> secureJ thereby,the total amount of princiPal debt not to exaed at any time the original amount o(t}tis moRgage.
<br /> ' °"`a u"; ///� 14th �°� February ;.°.,19 77
<br /> �J.!"71�� //1� Z�(-�� � � ..
<br /> ; John M� Price,,� ,� • _
<br /> f�\,f.� � ,�
<br /> f Linda D. Price
<br /> j srnrE oF nreaxasxn,( ;
<br /> COUN7'Y OF HALL 1�� On this 14th day of February 19�� ,be(ore me,
<br /> thc undersigned,a Nota Public in and tor said Couut ,perwnally came �k! �` �,
<br /> Joh ` Price and Linda D. Price each in his and her own rig�it and as spouse o� each other �v
<br /> N.�� � � . . who dre persowllyknownto . � } .
<br /> L �L� ' e rson 5 whose namfi: aPe affixed to the above instrument;is mortgagor S and they u���uy •
<br /> ��y5iowledge��t�said strumen[to be tllel P voluntary act and deed. �`' f
<br /> NOTAf7Y e'1 5 my hand and Notarial Seal the date aforcsaid. ' �
<br /> �= COb1�.ilSSION
<br /> ' �. 'EXPIRES O 6�Y C ission expires / �' I �,�e�p \���' \ ii -
<br /> J'��U��1,�;';�S�P ��� � ,a ` ;�otaryPu6lic
<br /> �OF NE64�' `--
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