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<br /> MORTGACE'
<br /> , '$ MORTCACL•LOAN N0. � 22.543
<br /> I:hOW ALL MEN IIY THESE PRESENTS:That T1 RIOthY J. :':i 11 i ams and Dawn R. Wl��1 dIDS each i n hl S
<br /> � and her own right and as spouse of each other
<br /> " __Mortgagor,whether one or morc,in considetntion ot the aum of
<br /> i Thirteen Thousand Four Hundred.and No/100-------- -------------------------- �L�,��
<br /> loaned to said tnortgagor by The Equitablc Buildiu and Loan Associationbf GranJ Island,Nsbraska,Dlortgagee,upon 134 shares uf stock uf
<br /> said:ASSOClATION,Cectificate No.L z2.5�3 MGIC do heceby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> desc�ibed real estate,situa[ed in Hall Counly,Nebraska: .
<br /> . '� :
<br /> ' LOT FIFTY EIGNT (58), IN WEST HEIGHTS
<br /> � ADDITION, AN AODITION TO THE CITY OF
<br /> �''-s�
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<br /> GRAND ISLAND, NEBRASKA.
<br /> '.s.
<br /> ;.:�-.s . . � . . �
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<br /> � .fogether with all the tenements,hereditaments and appurtenanas ihertunto belonging,including altached Iloor coverin�s,ail window screens, . � �
<br /> window sl�ades,blinds,storm windows,awnin¢s,heating,xir conditioning,and plumbing and waterequipmentand accessories therem,pumps,stoves,
<br /> ' reGigerators,and other fixtures and cquipment noH•or hercatter attached to or used in connection u�ith said rtal estate.
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<br /> And whereas ehe said mo�tgagor has agreed and does hereby agrce that the mortgagor sh�ll and wID pay all taxes and assessments teviad ur
<br /> 3SSCSSCd upon said�premims a�id upon this mortgage and the bond secured thcreby before the same shall become delinquenr,ro furnish appraved . � . . �
<br /> insurantt�upon thr huildings on said prtmixs situ�ted in the sum oC 5 13,400.QD Payable to said ASSOC[AT101 and to deliver m said _ � ��
<br /> ASSOCIATION the poticies for said insurance;and not to wmmit or permit any wasre on or about said premiser,
<br /> y� In case of dePsult in the perCormance of any u(the terms and conditions of this mortgage ur�he 6ond ucured heceby,the mortgagee sha4.
<br /> on demand,be emitled to immediate pessession uC the rwrtgaged prcmises and the mortgagor hereby assigns, crsnsfers and sets os�er to the
<br /> '=: . . .:»..;�__:�•�----.. __.__.._...,a:..,„,,,..,,ti.,�,.;,,,,��,,,,,,�t..m�,.�o,o�j miaes dprine surl�time as the murtzace indebtedness shalltemain..
<br /> .... ..._.� _.i.:_�..,�..,..........-._.............._...-'--...'-•--'----""'„'�• nrr . . .. . - -
<br /> % unpaid;and the murigagee sl�all hart the po��or to appoint any agent ur agents it may dcsue for the purpose of repairing said premises and renting �. . ..
<br /> ; tha same and collecting the rents,ravnnues and income,and it m�y pay out uf said income�11 expenses of repairing said premises and necessary•
<br /> - commissions and expenses incurred in renting and mansging the same and of cailecting rcntsts thzrcfrom:the balance:emaining;if a��y,to be
<br /> � applicd taw�ard the discharge of said moregage indebmdness:theu rights of the mortgagee may be exercised at any tima during the e�ci:tenco of such
<br /> de(ault,itmspective oC any temporary wai�•er oC the s�me. - �
<br /> These Preunts,however,arc upon tha Condition,Tltat if the said 1lortgagor sh3L eepay said loan on uc beCutt the maturity af said stures by � � � �� �
<br /> �paymenr,pay muntlily to said ASSC�IATION of the sum spacifleJ in the Bond secured hereby as interest and principal on said loan,on or beCore � � � �
<br /> the T��'enlieth day oC exch and every month,until said loan is fully paid;pay all taxa and assessmencs levied aeainst ssid premises snJ on[his Alortgage . � � � � � ��
<br /> � ( and the 8ond secuted thrreby,before delinquency:iurnis4 approved insurance upon the buildings themon in the sum uf S 13 400.Qp P�Y�ble - � . . � ..
<br /> to said ASSOCIATIO\;repay to uid ASSOCIATION upon demand ap mouey by i[paid!or such t�xes,sssessments and ms�mncn witfi interest at
<br /> the maximum Irgal rate thereon from date oC payment all oC whicl�lfortgagar hemby agrees to pay;ptrmit no waste on saidpremixs;keep and mmply � � . . � �
<br /> �i wiih all the agrcemcnts and conditions uf the IIond Por S 1$,4�0.OOthis day yren b��the s�id Alortgagor to said ASSOCIATION,and comply
<br /> � with all the requiremonts uf the Constitution and By-Laws of said ASSOCIATION;thm thex prexnts shall become null and wiJ,uthenviu they
<br /> shaU remain in full fma and may be(oaclosed at thn optiun uf the said ASSOCIATl04 after failuce fur thece months to ma}:e any uf said �
<br /> payments or be Ihree munths in a�rcus in making said monthly payments,or m keep and comply with lhe agermrnts and conditions of said Bond; � � . �
<br /> and A1one,gur agrees to ha�r a receiver appointed Corlhwith in such fomclosure pmceeJings.
<br /> If there is any change in ow�nership uf the ra�l estate mortgaged he¢in,by sate ot otherwise,then the rntire remsining indebttdness hereby
<br /> secu�ed shall,at du uption uf The[quitable Building und Loan Assuciatiun oC Grand Islartd,Nebraska,6ernme immediattly dut and payabie without
<br /> furiher notice,and tht amount remaining dua under said bond,and any other bond for any additional ad�znces made thercundet,shall,from the � �
<br /> date uf exercise u(said o�tion,bear interest at the ma�cimum legal rate,and this mortgage may then be foreclosed to s3tisfy the amount dut on said
<br /> bond,and any other bond!or additional advancrs,together with all sums paid by said 7he Equitable Building and Lvan Assocu[ion of Crand Island, . .�
<br /> :�ebraska for insurantt,tsxesandasussments,and abstractingextension charges,with intenst theceon,(rom date u(paymen[ at the maximum
<br /> � legal�rate. . -
<br /> As providzd in die Bond secured hereby,e�hilr ihis mongage remains in e(4ct the mortgagee may hereafmr advance additional sums to the �
<br /> ma}:ers uC saiJ&onA,!h^�_:i�.n:or successoa in interrst,which sums shsll be witiun the securitp of ttus mortgage the ssmr as che Cunds o�iginally
<br /> uwred�hereby,lhe total amount of principa!debt not to exceed at any lime the ori�inal amount oC this mortgaga � ..
<br /> r� :? ��ea�his l�t �y°f February A.D.,19��
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<br /> i � ' ot Wi�-- iams��• � ; . �
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<br /> Dawn R. Williams
<br /> STATE OF NEBRASKA, u On this da•of 19 ,befoce me,
<br /> COU:dTY 0F HALL� Uth > February 77 ' _
<br /> the undecsigned,a Notary Public in and(or�aid County,personally ceme ^?�' ��,<;
<br /> Timothy J. Williams.and Dawn R. Williams each in his and her o;an r��ot and asP�sr�og�,e������o ` H
<br /> ' each otha�,. are �
<br /> Lme tq�u�tfie�ahc#�pe,tsorg xhose name s are affixed ro thc ebove inslrumcnt as mortgagor S ar.d they uverally , �
<br /> a�ow{edce�Yh��aid'v�ifi� ent to be thei r �rolunury act and deed. � `-�
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<br /> F� W1TTiESS tni hand and Notazi¢t Sc�l tix date aforesaid. � ,
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