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<br /> = MORTCAGH; !I ,.
<br /> MORTGAGE LOAN N0. � 22+5g9
<br /> .� � � � � � � �� �� �
<br /> �'" KNOr3'ALLMENBYTHESEPRESENTS:That ��py� W, Wolfe, a single person
<br /> [� �
<br /> .'-k ' __Mortgagor_whether one oz moze,in consideiation oF the;sum of '
<br /> 3
<br /> , Twenty�five Thousand and No/100------------------ noLLwxs ;
<br /> t � . ... � .. � .. � � . . . .... ' ..
<br /> � 3oazied to said rnartgagor by The Equitable Building and I.oan Association af Grand Isiand,Nebnska,Mortgagee,ugon 2�J0 shazes of stock of
<br /> ,� ' s.i� :.;S:JGfAT:�N,Certifi�tc No.L 2��5A9 ,��hereby¢rant, convey and mortgage unto the said ASSOCIATION the following
<br /> ' described real astatr,situated in Hall Cuunty,23ebraska:
<br /> �
<br /> 1 ��'. � . � . . . � � . (
<br /> ,,? LOT ONE (1), IN' MEADOW LANE TNIRD
<br /> ,,:' SUBOIVISION QF TNE EAST HALF OF THE ' '
<br /> a
<br /> SOUTHEAS7 Ql7ARTER (E�SE;) OF SECTIDN '
<br /> � IWENTY-SIX (26), IN TOWNSHIP ELEVEN
<br /> ,,., :
<br /> �'
<br /> y, ,. (11} NORTH, RANGE NTNE (9), WEST OF �- ,
<br /> � THE 6TH O.M. , IN HALL COUNTY, NEBRASKA. ' ;' . '
<br /> 7 r;; �
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<br /> , together�with.:all�..the tenements,hereditaments and�appurtenances therennto�belonging,including�attached floot�coverings,��all window.screens, ��:.
<br /> ���window shades;bli.nds,storm windows,awnings,heacing;air e:onditioning,and piumbing and water equipment and�accessories.thereta,pumpt;stoves, �.�.
<br /> j refxigerators;and other fixtares and eyuipment now or hereafter attachedto or used in connection with said real estato.
<br /> s' ` And.whereas[he said morYgagor has agreed and does hereby agree that the martgagor shail.and will�pay al! taxes and assessmentsdevied or �
<br /> assessed upon said pre�nises and upon this morigage and the bond szcurad there6y before the samn xhali become delinquent;to£arnish apgroved
<br /> 'insuranee.upon the buildings on said premises situated�in[he sum oF$Z5��OOO..U.O� � paya6lz�to�said ASSOCIATION and.to deliver_so said
<br /> , ,
<br /> ' � ��P SSOCIATION�the policies��for said insuranae;and not io commit or permit ang waste mi or about said premises;��� ... .. .� � ' � �
<br /> In case of default in the performance of any of the terms and conditions of this monguge or the b�nd secured hereby,the mnrtgagee shall,
<br /> � on demand,be encicled to immeciiate possession ol the mortgsged premises and the mortgagor hereby assigns, trans£ers and sets over.to t�e
<br /> ,`��� morigagee all the cents,revenues and income to be derived frorn the mortgaged premises during such time as che mortgage inde6tedness shal[semain
<br /> unpaid;and the mortgagec shall have the powerto appaint any agenc or agents it may desi�e fur the purgose of repairing said premises and renting
<br /> j the same and coliecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary �',:
<br /> t,.. � �comnus+ions�and expenses incuned in renting and�managin$lhe same.and of�collecting..mntals.therefrom; the�balanca:remainin$,if�:any,to bc ����
<br /> , applied toward.[he dischuge of said morcgage indebtedness;these rights uf the mortgagee may be exercised at any time during the ezistence oFsuch
<br /> ` default,iccespective oC any tempora�y wuiver of the sazne.
<br /> ',k � � � These�Presents,however,are.upon:the Condition,That if the s:�id Mortgagur shall.repay said�loan on nr�before:the maturity��of said shares by
<br /> s.;,� paymeniw pay monthly to said ASSOC1ATIqN of the sum specified in the Bond secured hereby as interest and principal un said loan,on or before
<br /> y the Twentfeth day of each and every month,until said loan is fully paid;pay atl taxes and assessments levied against said pcemises and on this Mortgsge
<br /> �' �� and ihe Bond secuced thereby,before delinquency;furnish appzoved insuraace upon the buildings thereon in the sum of 5�S,QQQ.QQ Payable
<br /> ` to said ASSOCSA73�ON;::epny tc�s<id ASSOC(ATION upon�demand all money by�it pa:d lor such txxes,assessments and�insuiance wtth interast at ...
<br /> ��� ��d�e.maximum legal rate�diereon from date of payment all of which Mortgagor hereby agrees.to pay;permifno waste an.said�p�emises;keep andcumply ;
<br /> � ��with all the�agreements and conditi�ns of xhe Bond for$� 2�j�OOO.OOthis day.given by the said Mor[gagox to said ASSOC[ATION,and�comply ���
<br /> � � with x11 tho requirements of thefionstitution and Sy-Laws of said ASSOC:lAT1UN;then.these.preseucs.shuil�.become.nulI xnd void,otherwise tfiey ��
<br /> � �shall.remain in�full force xnd may be foxeclosed at.the opiion of thc said ASSOCIATION�aftec failure�far.three.moaths�to make�.any.�of said..;
<br /> � ��� paymen[s�or be three months in arrears in making said monthly payments�,or to keep and e:ompty with the agreements�and condiCions of said Bond;�. '�
<br /> .and Mo[tgagpr agrees to have a receiverappointed fortfiwith in�such foreclusure proceed'u�gs. . � � . . � ; �
<br /> it there is any change in ownership of the real�tate snorigaged herein,6y sale or otherwise,then the entire temaining indebtedness hereby,
<br /> °' secured sfiall,af khe option of The Equitable Building and Loan Association of Grand island,Nebraska,become immedisstely due and payable without
<br /> furthex notice,and the amoun[remnining due under said bond,and any other bond for anv additionaladwences made thereunder,shall,from khe
<br /> � �date of exercise of sai3�opiion,beac�interest at the maximum legal rate,and this martgage may then be foreclased to satisCy the amount due on said �
<br /> bond,-nnd any other bond far additiunal advances,tosethcc with all sums pa3d by said The Equitable HuIlding and Loan Assooiation of Grand Island,
<br /> Ncbrsska for insurunce,taxes and assessments,and abstracting estepsion charges, wich interest thereon, From date of payment at the maximum :
<br /> legal rate_ _
<br /> ' z Ar grovided zr,4he-Bond secured hereby,while this mortgage remains in effnct the mortgagee may hereafter advanee additional sums to the
<br /> makrrs oi said Bond;theu assi�ns�r succexsurs in interest,which sums ahall be within the security of this mor[gage she same as the funds originally
<br /> secnred thereby;the total amount of princig�al debt not to exceed at any time the originat amount of this mortgaga
<br /> �aceacf-6 1st ' a yor ppril A.�.,ig77
<br /> � : � � �
<br /> L1oy W. Woife���' _
<br />�;, y STATS,OF NEBRASKA. sc. On this' 1St day of /apP'71 19 �7 ,baforo me.-
<br /> Ct3UNTY OF HALI,:�
<br /> ' s � ' aha undersigned,a Notary Public in and for said County,personally came �'�., '
<br /> , .� Lloyd �1�'Wotfe a single person �,f ,
<br /> �; 'd who T5 personaily known m �` , " ,
<br /> �� "..
<br /> �� me#o fie the identical�craon whose name 7'S af6xed to the abo///ve}�x as mortgagor nnd h@ Xd42frYgy .
<br /> `� OcJtnaW.1edgad:t}�snid insti'uttlCn4 Fo bC �'17:S voluntary act and deed.� � � � � ,y�.`
<br /> H'S1INFSS my liaad andlZota�ia]Sea1 the date aforesaid. /" /� �� �, '
<br /> � :a2yCammi�icaezp"uos '�"` .... i� ..;„.. ��/� / �„�� ' ; .
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<br /> �,Y.M.._ GEh;At�tN4Ta�Y;Srsenihithx.�� �� . . NocaryPublic . .
<br /> 6�1•ZM.&7 � .
<br /> � � JAPAE;s d'J.OL.>Q�.� �� � � . � . .
<br />�'.''. . . . ��j�"�n M?5'Comrn.Fsci+.SVou 1'L..1�T4� .� . �. .. .
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