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<br /> 77_ 00.1090
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<br /> �iok��r,ncr:Lon;�;ec�,__L22,572 MGIC
<br /> KNOWALL�IL'NllY�issr:r�tr:scn�:rnec Uennis E. Derr and Glenna PL Derr each in his and her
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<br /> ' own right and as spouse-of each other
<br /> ; ` __Moitgagor,whe�hcr onc o_morc,in cun:ideretian af thc sum uf ' ;
<br /> Forty�four Thousand and No/100------------------- u���.�Rs
<br /> i loaned to said mortqa�ror Uy The F.quitable BuilJing and Losn Aswcia�iun of Grand f sland,i�e6raska,llortgagee,u�wn 44Q siiars of stock uf
<br /> csid ASSix:1ATlON,Ccrtificate No.L 22�5]2 M�a1�,4o hcre6y granl,cumr�� anS murtgage unto the said ASS(�(ATIOY ll�c Collowing
<br /> describcd rcal estate,situated in Hxll Countp,t�e6rnska;
<br /> LOT TWELUE (12) TN LE NEIGHTS TNIRD SUDDIVISION
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<br /> PART Of THE E;NW% SECTION 11, TOWNSHIP 11 NORTN,
<br /> + RANGE TEN (10) WEST OF TNE 6th P.M. HALL COUNTY, NEDR
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<br /> tugether �vith atl the tenements,hereditamcnls xnd appmlensn��es Ihenunlo belunµing,incluJi��t atladied lluur�v�c�ings,all winduw xreens,
<br /> �cindow shades,blinds,sto�m�rinJo�es,ae�nings,hcating,ait conditiunieg,anS pluwt+ing and�vatcr equipment anS acccasorie:thercro.pumps,sto�es,
<br /> S refrigerators,and other fictures and¢yuipntent nu�e ur hereafter attached to or used in connecliun xiih said teai esW1e,
<br /> � And«'here�x Uie said muctgagor hax agrccd anJ duca herrby a�;rcc�hat the murigagor ahali anJ will pay all ta�es and as�cssments le�ied ur
<br /> ! asses�rd uE�n said yremius and upon this murtgagc anJ thc Uund secureJ theceby 6eli�rc tl�c samc shali becomc Jelin�uent:to fumisl�appro�rJ
<br /> � insurana upun tl�c buildings+m s�id premises si�uated in dic sum uf 5 44�000.�0 pa)'able Io said ASS(X'IATION and to dali�et tu said
<br /> ASSOCIr\TION the�xilicics(ur z�id inuvaniY:and nut io connnit o�pcnnit any wsstc on or abuut said prcmiscs;
<br /> � In ca.0 uC deCault in the perfurmancc of any of th¢terms and ronditiuns ut this nwr��agc or the bond ucured hcrcby,the muTtga�tee shaU,
<br /> : ; un demanJ,le cntilled lo immediatc Ewsscssiun o(�hc nwrtgaged premixs and the mortgagun c�rcby assiyu, transicis and seta u�xr�o the
<br /> s morttagce all Ihe rents,revenues and inrumc to bc dcri��cd Crom�hc mortgagcd prcmisea dunng such tinx as the murtgegc indeUledneu shall rcmain -
<br /> un}>aid;mi1 the murtµagcc sh:dl I�a�e the pwver N apjwint any agent ur agents it may desirc fur dre puryose ui repairing saiJ prcmises and rentin@ � . -
<br /> .���:1 . � lhe s�nu and ccdieeting the rcntt,re�rnue:and income,and il may paq�ul uf said intome all expenses�f rcpairiug xaid pretnius and ne�.ecs�n• . �'._. _.... .:.-.�
<br /> comrttissions and crpenses iucurred in mming and managing the samc and oC collectinK rcnlals lherelium;the balan.r remalning,if any,ro be � .� ��
<br /> applicd Ioward thc dis�harge of said murtKagc indebledness;U�e�c�ights uf the murtgagce may be c�crrised at any time during the csi:lemr oF such �. � � - � �
<br /> Jcfault.irccspecti�c of airv�cmporaq�Naircr uf tlic samc. f
<br /> Thcu fhcsenls,huwcccr,arc u�wn thc Cundition,Thal if thc said�tortgagur shall mpay said luan un or bclure thc mattuity of saiJ sliares by � � . - �
<br /> :����� pa�•mcnt:pay monthly lo w+d AJSOCIA71t)N of Ihc sum spcciGcd in tlu 13ond xcured hc�eby as in�e�cst and principal on said luan.on ur before . � . �. . . .
<br /> the T��•enliediday of each and crcry month,unlil said loan is lully paid;pay all tas�s anJ assessmcnts Ic�1ad against said prcmius anJ un dils Alurtgsgc �. ��
<br /> and Ihe l3ond sccmeJ durcb�•,befu�c delinyuency:liirnish approrcJ insurance uFxm Ihc buildiugs thcicon in the sum ul SQQ,Qn�.�� payabk � � � � ... ��.
<br /> tn said ASSOClATION;rcpay io:aid:�SSQCIATIU\upnn JcmanJ all nwncy bq it paid lor such ta�cs,assosxmcnts and inncantt��ith interesl at
<br /> .:.�..� thc maximum legal rate�he�con from da�c oi paymeut aU of whicli hlo�tgagur hercbc agices to pay:permit nu�va��r un saiJ prcmisex:keep and coinply � . ..
<br /> wi�h all�he agramcros and.onditious ol'tl�e tinn�fur S 44�QQQ Q� this da��gn•en by lI1C 6011I�IO(IK.1�Of IU 5:11,AJSCK IATIO�,and vmpiv
<br /> with all ihe reyuirctnenls of tlie Cnnstitutiun anJ Bq•La�vs ul said A5SUl'IATION:then thcu presents shall liecome null aud n�iJ,utlunvix they
<br /> xl�ali cemxin in lull forcc and may bc IorccluscJ at�hc optiun u(Il�c saiJ ASSOClA170N allcr lailurc for thicc munlhs to make any uf suid �
<br /> .' a paymcuis er tx thrce munihs in aircurs iu making saiJ muutldy paqments,ui tu F.cep and�vmply a'ith tha agrcetucnts and cunJitic+ns oF said Uund:
<br /> mid�tortgagor agrca W ha�r a reccice�appuinted furthwith in such tureciwure pruceedings.
<br /> 1(there is any change in ua�ne�ship ol U�c re�!csiate mo�tgaged herein,(iy sale ur utherH•ise,dun tl�e entite �emauriug inJebtedncu hercby �
<br /> `; ucund sl�all,al lhe nptiun o(1'he L'quitable lluilding und Li�an Aswciatiun of Gr.md Island,Nebraska,become intmedialely due and uavable wi�huut
<br /> `. ? fiuthcr notice,anJ thc amuw�t rcmaining duc undcr said bond.and am•other bund fur any additional ad�an.es made thcrcundcr.siisll.(rom thc
<br /> datr uf escreise oF said eption,bcar intcrcst at the iun�imum Icgal rotc.and tl�i3 mmigage msq then Uc forael�xd to sytiafy the amuunt duc on uid
<br /> ' 1>ond,and any othcr bunJ Cur additional advances,toµethcr��•ith�II smns paid l��•said 7hc L'qui�ablc 8uiiding and Luan r\ssociation uf G�and Isiand,
<br /> ; Nebtaska for insutance,taxcs anJ asxssnunts,and abslracling extensiun charges,eilh intercsl thercun,Irum date of papment at�he maximum
<br /> � legal ra1c.
<br /> `� As provideJ in tlic Hond xcwed hete6y,while this mortg�Ee iemains in ellett the mortgagee umy heeaf(cr ad�ance additional sunts u�the
<br /> ? makcia of said[3ond,dtcir assigns o�succcssuts in intcrest.��•hich sutns shall be Hithin thc security ul'�his mortgage thc satuc�s liia fimds mqtinall,v
<br /> �:�.'.,i sccurcd lhercby,the total amounl of p�incip;d dcbt nul tu cscccd at an�•time dtc u�igival amounl o(this rtw�lguge. �
<br /> _ �uaihu 3rd ��y<,r March :�.o..iv77
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<br /> �e�,9i�s E. Oerr y ��
<br /> �1-i �� �• ��r;, � � �
<br /> Glenna M. Derr
<br /> sr,�Tt;or•Ncnknsitn, 3rd Plarch 7
<br /> ss. On this Jay ol �o � ,bcfurc mc,
<br /> COU'.�['Y 0!'HALL} ..,.�� � ..
<br /> ; �hc undersigncd,a No�a�y Publlc in and lor said County.Fxisunally camc �7`'
<br /> � Dennis E. Derr and Glenna M. Derr each in his and her own right and as spouse of ��c�h N �
<br /> i other �rhu �re �+cnana p nownto �
<br /> � nw lu bc thc ldcnticai perwn S ��husc nam�$ are a1'fi�ed tv thc abo�z instnunent ns mortgagor S ��,a they scccrolly ."q�
<br /> their ' "�• �`*
<br /> ulcnowledged the saiS instrument lo bc wluMary act and JceJ. , ny
<br /> �41'TNl'SS my hand nnd Nolariai Sc�l tlic dalc aforcsaid. � / .�"� ,� : �;
<br /> .._.�VM t its uu 'es _..-„ ,, �' .!` <
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