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<br /> MORTGAGE
<br /> ', i s MORTCACE LOAN NO.L Z2.569
<br /> ta�townt.L�2[?NaYTtteseexesENTs:Tnec Clifford Dean Garringer and Gwendolyn A. Garringer, each
<br /> � in his and her own right and as spouse of each other, .
<br /> � Mortgagar,whether one or more,In conrideration of the aum of
<br /> ; Thirty-four Thousand Three Hundred and No/100--------------------------------------- �yy��
<br /> � toaned to sald mortgagor by The Equiteble Building and Luan Aesaciation of Crand Island,Nebraska,Mortgegee,upon 343�ares of srock ot
<br /> said`ASSOCIATION,Cedificate No.L 22,569 ,do hereby gant,wnvey and mortgage unto the said ASSOCIAI'ION tho-foUowing
<br /> described rcal estata,situated in Hall County,Nebreska:
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<br /> `:; LOT 16, BLOCK 3, IN DILL AND HUSTON'S ADDITION
<br /> ' ' TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> together with all the tenements,hcreditaments and appurtenances thereunto belonging,including at[ached floor coverings,all window screens,
<br /> window shades,blinds,etorm windows,awnings,heating,air conditioning,and plumbing and water equipmrnt and accessories thereto,pump9,stova,
<br /> reGigeramrs,and other fixtures xnd equipment now ar herea(ter attached ro or used in connection witli raid real eatace. :
<br /> And whereas the said mortgagor hes agreed and does hereby ngree that the mortgagor shait and will pay all taxes and asseuments levied or
<br /> sassessed upon said prcmiscs and upon this mortgage and the bond:ecured thereby before the same shall bewme delinquent;ro furnish approvod
<br /> : 1 insurance upon the buildings on seid premises situated in Uic sum of 3 3��300.�� payable to said ASSOCIATION nnd to deliver to said
<br /> ASSOCIATION the poGcies for said insurance;and no[m commit or permit any waste on or a6out said premises;
<br /> i In case of default in the performance of any of the terms and wnditions oF this murtgage or the bond secured hereby,the mortgagee shall, _
<br />� j on demand,be zntided W immediate possession of the mortgaged premises and t}ie mortgagor hemby assigns, transfers and aets over [o the
<br /> mortgagee all the ronts,revenues and income ro be derived from thc mortgaged premius during such tLne as the mortgage indebtedness shall remain
<br /> :: y unpaid;nnd the mortgagee shaA have the power to appoint any sgent or agents it may desirc Coc the purpox of ropauing aaid premises nnd renting '
<br /> ° � the same and collecting the rents,revrnues and income,and il may pay out of said income all expenus of repairing said premivs and necessary � � �� � -
<br /> i commisions and expenxs incuned in renting and managing the same and of collecting rentals therofrom;the balence remaining,if uny,to be
<br /> applied wwarJ the discharge oC said mortgage indebtedneu;these rights o(the mortgagee may be exerciud at any time during the existence of such
<br /> default,urespective of any temporary waiver o!the same. f
<br /> Thcu Presenu,however,are upon the Condition,That if the said hfortgagor shall repay said loan on or before the maturity of said sharcs by
<br /> paymenq pay monthly to said ASSOCiA1'ION o(the sum specified in the Bond secured hereby as intercst and principal on said loan,on or beEore
<br /> the Twentieth day af each and every month,until s�id loan u fully paid;pay all taxes and assessmrnts levied against xiid premises and on this hfoctgage
<br /> I' and the Bond ucured thereby,before de}inquency;fumi:h approved insurance upon the huildings thereon in the sum of 5 34,3�0.0� payable
<br /> �'. j to said ASSOCIAT[ON;repay to said ASSOCIATION upon demand all money by it paid fur such taxes,assessments and insurance with intemst at
<br /> thc maximum legal rete[hereon from dute oC payment ali of which Mortgagor hereby agrces to pay;pemtit no waste on said premises:keep and rnmply
<br /> F with all the agreemrnts and conditions o(the Bond for S 34�300.00 this day given by the ssid MoRgagor to said ASSOCIATION,nnd mmply
<br /> ' 3 with all the requuemenu of the Constitutian and ByLaws of said ASSOCIATION;then these presents shall become null and void,otherwiu they
<br /> f j shxll remain in full force and may be foreclosed at the option of the said ASSOCIATION after failurc for three months to make eny of said
<br /> = payments or be three months in arrears in making said mon[hly payments,or to keep and comply with the agreements and condiqons of said BonJ;
<br /> ` °; and Mortgagor agrees to have a rcaiver appointed forthwith in such foeeclosure proceedings.
<br /> ff there is any change in awnership of the real est�te mortgaged hemin,by sale or otherniu,then the entire remaining indebtedneu hereby
<br /> secured shall,at the option of The Equitable Bailding and Loan Association ot Crand liland,Nebraska,become immeciiately due and payable without
<br /> e � further notice,and the amount remaining due under said bond,and any other bond tor any additional advances made themunder,�hall,Gom the
<br /> date of exercise of said option,bear interest at lhe maximum l�gal rate,and this mortgage may then be forcclosed to utufy the amount due on said
<br /> ' � bond,and nny other bond(or additionat advances,together with all sums paid by s�id The Equitable Building and Loan Association of Crand Isiand,
<br /> Ne6raska for insurance,taxes and assessments,nnd abstracting extension chargee,with interest thereon,from date of payment at the maximum
<br /> Icgal rate.
<br /> As provided in the Bond aecured hereby,while this mortgege remains in effect the mortgagee msy hereafter advance additional suma to the
<br /> makers of said Bond,thelr nssigns or successon in interest,which sums shall be wiU�in the security of this mortgage the same es the funds originally
<br /> sccured thercby,the total amount of principa!debt not to ezacd at any time the original amount of this mortgage.
<br /> i ,� qace ch;� ls , a�yor t4arch n.n..�977 �
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<br /> '�{ E"-`1 �i•�..U_y�v �� y!(/-liy�-ut�l.L�J r�%?hh�r''�7�/tJ
<br /> CT�i��or e'�6 an Garringer� wen o yn A. arringer
<br /> STATE OF NGBRASKA,�� On this 15 t day of Ma rch !97� ,before me,
<br /> COUNTY OF HALL ,. � �
<br /> the undeni d,p No ary Public' and tor said Cq perw !ly came + '`
<br /> Clifford Dean Garringer and Gwendolyn A. Garringer, eac�i in �iis and'�er own ri`g�t anc�as cr , -
<br /> spouse of eacb.other Wh� are a«�v�o�co I �
<br /> Imc to be the idenUcal person S_��'wlioso n�a'mpS dre affixed ro the above instnrment ae mortgegors and th ey x��Y �
<br /> . acknawledged the said instnunent tqbc'th��4 �, volunlary act and dad. �
<br /> W[TNES�ttry bdnd and Notenal$eal"the dnte aforeseid. � . tn
<br /> MyCo �npmiirianezpues'fjEe, .�, %�j8v �� � �,�- -
<br /> (; , _ ll�-r ��O'C�Z2l��J
<br /> - ��,�.- " ���;� NotaryPubllc
<br /> 6t.sH RI
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