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<br /> ''� h1qRTCAGE
<br /> � ; MORTGAC;ti Lt3AN NU..,..�_��;��GI C
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<br /> � � rct�owntLMet�r'sv�ra�sLrR�ss�rrrs:ri,�c Paul M. Cl�rk and Sharon L. C]ark, E'dCI'1 in his and fier own �
<br /> �� �� righ��and as. spouSe of each` other and Ray J. C�ierk, a s9ngl,e person �
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<br /> '� `� ' Martgagor,whechcr une or more,uc c.�nsidexaxx+nn nE the swn af -
<br /> ��,: . 1'wenty=seven Thousand Ptfne :Hundrerl and No/10�-______..__---=--___-------------_____ y�o[saxs ' ` '
<br /> ` loune�ta said mart
<br /> < �or by The�quitabte 8uilclii�g attd Laan Assouazim�i of Grs»d lsl�nd,NebrxSku,Mortgagre,upc�n 279 sheres ut stntk of '
<br /> � p asid�.¢5S{X:IATI4N.CerUficata No.L 2�,602 'P'IGIG di�Ixoreby grsnt, cmirry ��id mortgago witn tha ssid ASSUCIATIt71V the follbwing
<br /> i ;',i doscrihefl re�1 estate,sjtuuted Itt Hall Cpunty,hebrasks:
<br /> Fa.
<br /> � LOT ONE (1), IN;BtqCK ONE NUNORED THIRTY (13�),
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<br /> , '� ' IN KQENIG` AND WIEBE'S-ADDITION T0`THE CITY OF
<br /> w � ; GRAND' ISCAND, HALL,GOUNTY, NEBRASKA.
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<br /> j together with all tf�e tenements,liereditaments and appurtenances thereunto belung(i�,ineliiding attarhnd Iloor co��erings„all windcaw screens,
<br /> = "�� win�iow slaudes,hlxnds,storm wind�ws,awnirtgs,heating,air cwndltiuniug,andplwubi�tg mnd watereyuipnxentmnd acaesscaries thereto.,pumps;stc�vta,
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<br /> refrigeratars;and nther fixturesand equipmenc now or licreufter attaahedto c�r used in cuc�nuc4'run wilh sxid resi esaate.
<br /> ; i And whoreas tlie saici mongagorttas agrerd and doex hcraby agrce t2ixi.the mort�3gar sliall and wiil psy,all tuxes and assessmenca:l¢vIcd ac
<br /> assesxed uptin said premises and upon chis morlgage and ihe bnnd secmed thereby Hcfore tlie anmc shalt become dclinquent;tu fu��nish pppr�ved
<br /> `^ insurance upc�n the builciings ua said premis�es situatcd in thc suni�f$ 27�900.�� puyubin tu s•rS�i r45S(7C'Iq'CIpN and to detiva�tc�said
<br /> , ' �SSOCIATIdN the policias L'�ir'said insurm�ce;and hni to cumnait or pcmiit any waste on cac a6uut said premises: "-
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<br /> ` ? In casc of doFaiilt in the performance of uny of tt�e icrms and cunditiuns uf tliis rnortgage pr tha bond sacured iurcby,the murtgngea shy11,
<br /> � an'demanJ,be enritied to immedi�tc posscssio�r of the �liortgaged prc�nisas and tlie m<irt�gur hereby ussi�,ns, transteas at�d sets uv�r tu the: �
<br /> tnortgagee ult thc rents,cevenues and'utcume co be derived Prom the mortgagrd prenuses durin�;such tlme s�s themurtgegc ind�btedr�ss shall romain
<br /> unp:tid;and ttic murtgugee shrll have tha power tn vppuint nny ngeut or agenta it may desire for ihc purposc a�l'repuirinFS said pranwties and reniing
<br /> r � the samc an�collectinR d�o rents,revenuea and incon�e,and it m;�y pay out of'said inc�iaiv u[I rxpenses uf rrpuiring said prumises and neceswuy
<br /> � � cpmmissions und expcnsrs incutred in ranting and tnana�ing the same and of �wllectii�g mntvls ct�erefruni; the balancn remaiulrtg�il'gny,to Na
<br /> z r� upplied tpward Ghe dischxcge c+f said martgxge ind�bteduess;these�ights af the mortgagee mey be exercised at any time'ducing tlie eacistenca of sucli
<br /> �.� default,irrespective of any temporary tivaiver of the sume,
<br /> �� These 1'resents,Itawevar,are upun the Condition,Tiiat if ttre saici A4cartgagor slioll repvy aiid 1o�n on m bef'ore U�o maturity c�f raid shnros by
<br /> � ,� paynient;pay.rnonthiy to suid ASSOCtr�'I7dN uf tl�a swn sprcified in the Bund seWuraJ hercliy us iczterest and pcinciyel oii satd lcaer�;on nr before
<br /> tht Twcntiethslay o('cech and every month,unUl snid loun is fully paid;pay all tuxes arid ussessments levied ag�insl�aid premises a[td untltis Alnetgagt:
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<br /> n� and'tlio 8ond sucuretl ihereby;before delinquency;furnish ap�ruved insurance upun th�bupdings tl�eira�in the sum oC$ �� 900.0(} payyh�d
<br /> ,-� to said ASSpC':lATION;raF�ay to said ASSOClAT10N upov deman3 al1 n�or�ey Uy it paid 1br such taxes,assessxnencs and ins�rance wath interext at
<br /> ;� the,mexiir�wn lrgal rute tl�ereon fram date ui'paynient stt of whialx hfortgag�r hereby agrecs w pay;parinit no waste on said prearrises;kr.cp and cxamply
<br /> � wrth all the agrcements xnd cnndi[ions ot the Hand foc 5 27,9��:QO'tt:is day givcn by the said hiort�g�r to suid ASSUC'lAl`lOLV,nnd wmpiy
<br /> E with xll tl�e rqquuemr.nts uf t17e Co�istitutinn and SyLaws of saidA5SC)C:IATION;thcm tlause presnncn�lwll beaomn mill a�ad void,otl�ezwise they
<br /> ahali r¢ninin i��f�li forc-e anci niay be foteclosed ut iho optiun of tfie said ASSC)C'lA1`ION after fail�rr for �hrae mc�ntlis to make nny uY snid
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<br /> ° p:rymonts or'be three months in xrrears in mak5ng said u�orittily paymunts,��r to kcera and campiy widi tha a�taements and cc+nditiuns of suid fl�nd;
<br /> � { and Mortg�gqr,agrees to havc u receivcr uppointed f'orthwith in such f<irecJosure pr�ccedings.
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<br /> iC thern is any clinnge in ow:iership of thc rcal estate murtgnged herrin;by sala or othcrwisc,then tha entire rernaining indebte��ess hercby
<br /> s��urea shall;uC U�a optinn e�l'T}�c Equitablc 13uilding an3 Loun A$suclatioa qP C.rand Island,Nebraske,berume immediutely due anS�wyahle wiihout
<br /> fwther notrce,xnd tlre amount remuining duc under said bond,und airy other bond fuz airy uclditior�¢I advaeaces me�c thereuuder;sl�pll,l'rani the
<br /> � � data of rxarcisc of ssid vptiun,bear intcresc mt tl�e mu�cimum lagat ratc,and this mu�tgxge rriuy then be f'orecloaed to satisFy tho emrawu duc on said -
<br /> b�nd,and any other bnnd Cor additional advances,togethec with all swns�aid 6y said Thc F,yuita6ln Huildic�aiad l.x�an Asa�aciata�n�'�f Grena Island, ,
<br /> aa
<br /> Nebruskn for insuraxtce;tuxerand,usseuments,and absuacturg cxtensic>n charg4s, wiel� inteteat ther�n, from date ei'�ayxneut at ehe mnxunwn
<br /> legaPrata.
<br /> As rcrvided in the Bond secured hereby,while this mod�age ren�uiz�s in effact ihe martgs�ce may hcreaftcr advanc�e aJditionsl sums to ttte
<br /> � tnakr3a xuid$ond,thoir asaigas o[successacs in iAterext,w6ichsusns sl�all�e within i]�e sncurity i�f ttxie morkgega ihe sacne as thc 1'unds uriginally -
<br /> R senu� rreby,the lotal amnunc of principal debt not t�exceed at uny time tl�e uciginut amuuat uf thix mudga�ge.
<br /> � acea i xs � aay ae Apri 1 n.i>.,��>7
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<br /> a..� • - Ray J. ���rk
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<br /> ...� rc►n.L. Ciark
<br /> � 3TRfiE 4T NEBRASKA: sx. On this 6LIl day of /�pY''I�1 �9 77 .Gefore me; �
<br /> �� C011N"IY AF fiAL.L.� � � � � � � .��,
<br /> � the undersi�nad,u Notpty Public in and iur said Cczuncy,gernanaiFy caune ��'," '�
<br /> �,i�; PaUI M C7ar.,k'and �haron. L. GIat^k,:;each ir+ his and her own right and as spouse of each other �` � �' "
<br /> �° dY1C1 �$y.�.:. Cl�,�*,�i."y'� �t���E! QE'Y'S411 whu dt'e E�erson�lly:knawnra ' %
<br /> ,>'� , Ix�ia be 3he iden��ql pCrsatlg :, t��qsq aawaS �r� xiffuced to ihe a6ove insfswnrnt as nxostgagorg and th��r xverxily ��
<br /> ��� acknow �. ,,. ,y
<br /> 1ecl�eedth�aaldtrastra�menxto_bn �i,tfTejY' vnluntaryuxanddersl. f,� � ,,
<br /> ai r+ WT�'N�SS my har+d and�rt 1 Rrn!rhr clhre afnreynid. % y '
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