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<br /> AtORTC:AGE L,0A3V Nd.'L 22 7 594
<br /> �� . !ZI«YOF/a1LLMEN$X'�iESEPRPSENTS:.That R�chard E, Ashwoo� and LaVonne M. Ashwood each in his and �
<br /> � � her awn �-Ight.and as.spouse of each o�her � �
<br /> - _ . .. ...,., Mocigagor,whesh,er ane or more,in conaideratian of the,aum of ; , '
<br /> rThirty. .riwusa�a ananoisvw------m,.._-----------------------------------------�-----Dp►r.sitc •,. '
<br /> ' .�s Soaned tn rasd mortga�oi by The Equitsble Hui{ding and Loao Aswciarion af+Grand SsLwd,Nebraska,Mortga8'�,upon 3�0 sharrs oFstock of r'.:'
<br /> �` ! said ASSQCIATSUN,Ccrtlficate No.L zZ ��Q, ' �do hereh i.conve and mo
<br /> , Y 8� Y �8� unto the said ASSOCI?1'TIOid the fntlowing
<br /> . 1 • dtscribed reat estaYa,situated in fiall CounxY,Ne6;aslca: �
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<br /> ; LOT-TPlELYF (12� IN $LOCK FIV� (5), II� ';
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<br /> 6EC-AIR ADDITION TO TNE CITY OF GRAND ` �
<br /> Y ISLAND, HA�L COUNTY, NEBRASKA. ; ` .r
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<br /> together with'all ehe cenemeau;hereditsmeats and appuctenances thereunto belonging,in�:luding attact�ed floor caverings,.all windnw scceens,
<br /> ' windaw shades,6lin+ds,stotm windows,awnings,heeting,air mndiuoning,and ptumbing and water eqnipment and accessocies thereto,pumpx;stoves,
<br /> , '� refrigeratars,and other fixtures end equipmeut now or hereafter attached to nr used.in connection with said real ostate.:
<br /> ? And;whereas the sgid mortgagor has agieed and does hareby agree that the mortgagor shati and wiil pay all taxes and asstssmanu ievied Ar ,
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<br /> asussed vpan said premises and upnn xhis mortgage and the bond secureef thereby before ihe same sl�alt tiecome delinqssent;to funvsh approved
<br /> ' insuiance uppa t�e buildings on said prrassses situated in the sum ot 530 DQQ.0� payeble to said ASSQCIATI02r` and tfl deliver Yo said
<br /> 1 � ASSOCIAIIQN ahe policies fnr said insur�nce;and nox to comrstit or pencu't any waste on or about said premisas„ ''
<br /> � �� IR C3��OC JdCC&'tl�!1Il 1}iC rfocmance..of an :of the te�ms and�conditions of ttus mor a e�or ttse�bond aecured�hereb the�mo
<br /> a , � Pe Y i8 8 Y. rtgs8t�s3�ai1.
<br /> on demand,be entitled to incmediate possessioa of the mortgaged premises and the mortgagor hereby assigns, uans£ers and�ts ovec xo the
<br /> ,� moctg�all the rents,:cevenues and income to be decived from the mortgaged premises during suctz issne as che mortgage indebtedness shall rexr�in
<br /> � nnpaid;and the mortgagee shall hsve the pawer Lo appoint any agent ar agepts it may desue far the purpose of repairing said premises nnd centing
<br /> the same and ooflecting the reats,tevenues and income,and it may pay out of said incame atl expenses of repairing mici premises and necesssxy
<br /> ? comeaissMsns and cxpeases incurnd in rentiug and maaaging tlu samr and of mllecting rentals therefrom; the balance atmainiag,if any,to 6c
<br /> � appiied taward the dischsrge nf said mortgage indehtedraesc;these right:of the mortgagee may be exertiaed aL any titne dnring the existence of sur,h
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<br /> 3 dtfsalt,irrespective off any temporary waiver of the same.
<br /> c � Thsse Presents,howevec,are upon the Condition,That if the srud Afangagor shall repsy said loan on or before the m•rturity of said shares by
<br /> � psyment;pay monthiy to said ASSOCfAT10N of the sum specifxed in[he Bond secured hcreby as interest snd principa!on.said loan,on or befora
<br /> the Twanxi�th clay of each and�very month,un[il said loan is f�11y paid;pay all taxes and.assessments levied againsc said premises snd on this Aiprtg.xge
<br /> ; and the Boad seeured thereb beforc delin uenc furnish a
<br /> � Y, 4 Y; PProved insumnce upan dtebuildings thereon in the sum of S 3� �Q(�.�Q. payable
<br /> to said ASSC3C1ATi0N;repay w said ASSOCIATIdN upon damand ali money by it paid for such taxes;assessments snd insu2�ace svt mterest at
<br /> ` n Lhe maxisnum-legsl rste thereon from daee of paymenx atl of which Mortgagor herebyagiees to pay:permit no waste on said greu�ises;L-t�p and eomply
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<br /> ' � with sll ttae agreemeats and conditians of the Bond for 5 30 s pp0 jjQ this ciay girea by the said hiorigapjor to said ASSOCIA'ftt)N.and iromgiy
<br /> � with all ihe requiremants of lhe Constieution and By-Laws of sazd A$SOCIATION;then these presents shall be�me null and void,otherwis ahey
<br /> '� y " shall remain:in fult force and mey:be foraclosed at the option of the said ASSOCIATiQI�T after fau'lure for Lhree moaths to mako any of said
<br /> , b paym�nts os be thrx months in arrears in makiag said montlily payments,or to keap and compiy with ihe agreements and conditions af said Bond;
<br /> und Mortgagor:agrees to havo a receivtr appainted forthyrith in such foreoiosure proceedings:
<br /> � If Ltuee u any change in owntrshig ofthe nal estaae moKgagad 6erein,by sale or otherwise,Yhen thm entire re�naining indcbudness:heieby
<br /> � secured shali.at the option af Tku Equitahle Building,nrsd Loaa AswciaUon of Grand Island,Nebres4a,become immcdiaWy due and payabk witt�ut : ,
<br /> , , furthec noticc;and the amounR remain��due undtr said bond.and aay other bpnd for any additionsf advances made thereunder.,ahalt,frvxu zhe
<br /> daie oP aacercise of said apiion,beaz inurest at ihe maximum legei raec,and ihis mortgage may then be fomclosed w ssiisfy 3he amount due on said
<br /> haud,attd aay oiher bond fo::additional:advances,togexlaec with all suuu paid tsy said The.8qtitabie Building and Loan Association of GYdnd Istsnd,
<br /> g i Nebxsska for insurance,taaces smd assesements,and abstraeting eactoaaan charge:,with intesest[hereun.from daYe of paYmenx st the maximum
<br />- kgal rete.
<br /> As grovided in the Sond stcured hercby,while tlus mortp�age iemains in efl'ect the mortgagae znay hereafur advauce additional sums to zhe
<br /> makers of seud 8ond,Sheu.aasigna oc succxsvors in interest,which aums shall be within the security of rlvs moetgage the same as tfie funds originaily
<br /> ? sacumd ti�pmby.26e totai:amount vf principat:debt iwt to exceed at�ny time the origiaal amount ot this mqrtgage.:
<br /> � /�� ' ��IS dayof �dCC�t A,D..19 �7
<br /> �2C�� d Sa.K'0.
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<br /> `'" k La�fonne:M; As�od `
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<br /> 7 SThTE�F NE$itA.SifA; � On this 315 t day of M3 Y'G h ' 19 77 ,before me,, : `
<br /> k C�t3NT'1;OF Ei,1i.L� "�y ;�°'� '
<br />� the underniSt�d.a Notary 1'ubhc in and for ssid CountY;Parsonatly ar�e„ r'. �,v ,
<br />�� � �act�atrd;. ` ad ar�d LaVonn� M. i�shwaad;each in his and her own r��ht and as�����fh� �'"`� ':
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<br /> '" '� mt; ' � wh�e nama5 31'2 nffiaccd to the abo+ro inurument as mnrtgsgprs and t h@y ��Y
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<br /> yy e �the � " io be the i P arolmsuy act aad deed. � � �
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