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<br /> z � MQRTGAGELOAN NO. L 22+6QJ MGIC '
<br /> tavawna,UMEN:s�TxEs�rx�,ssxTs:Tnac : 6eraid Roach and Jane L. Roach each in his and her
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<br /> � � Mortgag�r,whethar one or more,in considetation of the sum of ` �:
<br /> Twenty�-faur, Thousand'Three Hundred and No/100-------------------------------______ �LLARS
<br /> ' '� b�aned to said mortgagor by The Equitabte B�ding atid Loan Associatian of Grand Island,T3ebfaska,Moitgagee,upon, 2�3 sfiares of stock of ' '
<br /> , i. sairl ASSOCIATIQN,Cetkificate-No.L 22 5(�7 �'�IGI�,do hereby grant, convey and mortgage unto the said ASSOCtATIC3TJ the<failowing
<br /> `y deacra'bed rea!estate,situated in Hall Count'y,Nabraska: `
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<br /> � LOT THREE (3) IN ISLAND ACRES NUMBER 12, IN
<br /> ` � THE"CITY OF GRAND ISLAND, HALL COUNTY, HEBRASKA. ` t' `
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<br /> '�,j - together with�all the�tenements,.�hereditamenis and appurkenances tlicreunto belonging,inctuding attached�floor r.ovccings,2ll:window�screens, ��.
<br /> + � window shades,btinds,stnrm windows,awnings,heating,air conditioning,and plum6ing and water equipment and accessories thereto,pumps,szoves,
<br /> rr � .refrigeretors;aad nther�xiutes and equipment now or hereafter attached to or used�in connection.with sud:real estate.�� . .
<br /> '- And wliereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay atl taxes and assessments teried or
<br /> ; assessed uppn said premises and upon this mortgage and the bond secured thereby before the same shall bccome delinquent;to furnish approved
<br /> ?c,' ` insurance upan the buitdings<m said pcemius situated in the sum of 5 2¢y3QQ.QQ Payabie to said ASSOCIATION and to deliver to said -
<br /> -? �ASSOCIElTION the�policies:for said insurance.;and not to commit ar permit any waste on or a:bout:said.premises; � � � �
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<br /> � ln case:of default'in fhe'performance.of any of the terms.and conditions of this.morigage or the�bond securad�hereby,the morcgagee shail, ..
<br /> -) op��demand,be entitled4o.irnmediate possession of the�mortgaged premises. and. the mortgagor�.h�ereby�assigns,�transfers and..sets over to the . �
<br /> ; mortgxgce all the rentr,revenues and income to be derived from che rnortgaged gremises during such time as the miortgage indebtedness shall remein ',;
<br /> ':.� unpaid;and'tlie mortgagee�shall have the power io appointany agent or agents it�may desire for the�purpose of repa'uing said premises:a�d�renting -.
<br /> the same and colleating the rents,revenues and income,and it may pay out of said income �ll expenses of repa'uing said premises and necessary
<br /> -commistions and�expenses�incurred�in renting and��managing the same and of collecting rentals therefrom;�the balance rerttaining,.�if.any�,to be���.
<br /> applied toward the discharge of said mor[gage indebtedness;these rights of the mmtgagee may be exercrsed atany time during the existence nf auch
<br /> :'� default„ircaspective qf any temporary waiver oFahe same.
<br /> p' -� ��� Thesc,Presents,.however,are upon the Condition,That if the.said Mortgagor shal!repay said loan on nr.befora the matttrity�of�uid:shares by -�
<br /> � �3 payment;.pay monttily to said�ASSOCIATION�of the sum speciHed in the Bond secured hereby as interesr.and princtipal�n said loan;on or�beFore �
<br /> tfie:Tweniie[hday of cach and every month�.,until said loan�isfully paid;pay a33 taxes and assessments levied aga9nst said premises,$nd on�thisMartgage .
<br /> � ;; aad�the Bond:secured�thereby,befare delinquency;furnish approved insurance upon[he huildings thereon�in the sum af 5,�4 300.QQ .����PaY�bla
<br /> ,� � to�said p5SOQ[ATION;repay to said ASSOCiAT10N upon demand all money by it paid�for such taxes,assessments an m�urance with icrterast at
<br /> � thn:maxunumlegal rate thereon.from da4e of payment all of which Mortgagot hereby ap,rees to pay;permit no waste on said.premisa;keep andlcomply
<br /> ' "� with all ihe agreements and aonditions of the Bond foi y 2q 3nn nn this day given by the said Mortgagor zo said ASSOClATION,and comgly
<br /> ' with all the requuements of the Conszitution and Byl,aws of s�a�d t�5Sa�1ATION; then xhese presents shall become null and�ad,cathenvise they
<br /> � shallsemain in f'uII force and may be foreclosed at the opfion of the said ASSpCIATION after failure for three manihs to make any of said
<br /> payments or be xhree mon2hs La arrears in making said monthly payments,or to keep and comply with[he agreements and cor.ditions of said Bond;'
<br /> '�� aftd:Martgagar:agrees to have x receiver appointed forthwiih in such foreclusure.proceedings. . � � � . .
<br /> ' � lf thete is.any cAange.in ownerslup.of:the real estate mortgaged hetein, by sale or othenvise�,then the entire rornsining indebtedness�.hereby ���
<br /> : seLur�d sha(l,at the optioa of The EquiLable Building and Loan Association of Grand Istand,Nebraska,become immediately due and payable without
<br /> ; fwiher no6ce,and the amount remaining due under said bond,and any ather hond for any sdditional advances made thereunder,shall,from the
<br /> date of exercise of sai3 option,bear u�terest at the maxitnum le�al rate,and this mortgage may clien be foreclosed Lo satis2y the amount due on said
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<br /> bond,and any qther bond For additional advances,together with ail sums paid by saiJ The Equitable Huilding and Laan Association of Grand Lsiand,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extensi�n charges, with interest thereon, fiom date of payment at the maxunum
<br /> _ legal rate.
<br /> � As provided in the Bond securad hereby,while this mortgage remains in effect ihe martgagee may hereafur advance additional sums to the
<br /> makers of said Bond,�heir xssigns or successors in interest,which sums shall be within the security of this mortgagc the same as the funds origixially
<br /> secured thereby,ih�j total"�ounk of principal debt.not to exceed at.any time the�originat amount of this mortgage:� �. � .
<br /> .�sea�t�s l���8th , �y f Apri 1 a.�_,�9 ��
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<br /> STAT�OF NEj2�tASKA;�
<br /> ss. Qn this $tf1 day of A(JI"7� 19'7 ,before mq
<br /> 7 ' COI7NTY OF IiALL r 'q,
<br /> � ttie undersign¢d,a Notary Fublic in and for said L;ounty,pexsonslly cxme �� �:�. +
<br /> GerSfii�:fi�oach and ,3ane . Roach each in his and her own right and as spouse of each other ' �;, . �,x .
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<br /> c � me to b�e tfu idenilcal .a�wj�Ofp' S dY'E afFixed ko tlze abore insWment as mortgagorS and tfl@3/ severally
<br /> acknowIedged the sai ian�to be'-s'�s. _ voiuntary act snd dced:
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<br />� ' w Wf�l+TF.'S$mY 1+P�+d,�Nat�ria!�el The date aforesaid. � s , ;�°, +
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<br /> sq-sst�si �t,cf,'.a.�� 7� �..Sr„� . Notary Public
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