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<br /> 77. �C�(�1953
<br /> MORTCAG6
<br /> tifORTGAGI:LO.AN NO. '
<br /> i{N4WALLMENBYTIIESEPRESEIVTS:T1iat ¢jlCh3Y"d A. Sotreners and Mary K. $OR#fleY'S, L'dCh 'tn �iTS
<br /> �
<br /> �; dtlCl �'30f OW11 Y'7 9f1'� di3d d5 SpOUSC,' Of @dCll O�II@Y'� ��rtgagor,whecher one or moro,in cnnsideration of the sum of
<br /> � i'wentv-two Thousand and Nol100------------------------------------------------------ Dot,Lwtzs
<br /> Jpaned lo snid:mortgagur by The EquitaUle Suilding and Loan Association of Grand FsLand,Nebrastca,Mortgagee,upon 22 Q shares of stock of
<br /> � � :said ASSOCIATION,Certificate�.ho.L 2��6Q6���. � ,do liereby grant, convey and moagage�unto the said�ASS6C:tAT10N:ihe.EoRowing
<br /> ' �z�� �describedfrexl.estate,��situated:.in Hall County,Ntbraska:. � � . � � .
<br /> LQT FOUR (�{), IN VIiLA MAR DEE SUBDIVISION OF L�T TWELVE (12) OF
<br /> F � THE SUBDIVISION OF LOT NINE (9) AND ALL OF IOTS SEVEN (7) AND EIGHT
<br /> �i �
<br /> (8) IN WINDQLPH'S SUBDIUISION OF PART OF THE NORTHEAST QUARTER OF
<br /> THE NORTHWEST f�UARTER (NE;NW;) AND PART OF THE NORTHWEST Q.UARTER
<br /> OF THE NORTHEAST QUARTER (NWaNE4) OF SECTION FOURTEEN (14)� TOWNSNIP
<br /> ELEVEN (11) NORI'H, RANGE NINE (9) WEST OF THE 6TH P.M. , HALL COUNTY,
<br /> NEBRASKA.
<br /> together with�all the tenements,hereditaments and appurtenances thereunto belonging,inctuding atta�:hed floor coverings,all window screens,��
<br /> � windaw shades,b!inds,storin windows,awnings,heufing,airconditiorung,andplumbingand�wxterequipmentandacces�cies thereto,pumps,stoves,�
<br /> refrigerators,and other fix2ures and equipment now ur hereaf[er attsched to or used in cc�nnection with sxid reul estate. �
<br /> And whereas the�seid mortgagor tus a�reed and does Itereby agree that the morigagor sliall and will pay all taxes and asussments levied or
<br /> � assessed�upon said premises and u{wn tl�iis mortgage and the bond.secur d tli re4y j� fore the same st�all become de8nquenx;io furnish approved.
<br /> � insurance�up��n thc buildings on said premises situated in the surn of S �2.��0.0� �,ayahle to said ASSOCIATTON and to deliver�to said �
<br /> .95SOCIATIQN tlze poliries tor said insurance;and not to comrtiit or pc:mit any waste on or abou[said pretnises; . �
<br /> � ln case of default in the performance of'any ot'the terms and conditions of chis murcgxge or the bond�secured hereby,die mortgagee.shall,:
<br /> . on demand,�e entitled to immediate possession of the mortgaged premises and the muregagur heceby assigns, rransfers and sets�over to the�.
<br /> �mortgagee ail.the rents,revenues and uicome to be derived from the mongaged pi�emises during such time as tl�e morlgage indebtedness shall.remain�
<br /> unpaid;and the mortgager shnll liave the power to;�ppoin.t any agent or agents it may desire far the purpose of repairing safd premises and.renCing�.
<br /> the sumc and ctillecting the rents,revenues and income,and it muy pay out of said incame all expenses af repsiring said premises and necessary
<br /> � commissions�.and cxpenses incurred in renting and managing the same and of collecting rentals.�therefrom; tho balanet remaining,it any,to be � �
<br /> appGed taward die discharge of said mortgage indebtedness:these rights of�the mortgagee may be exercised at any time durinE the existe.nce oF such�� �
<br /> defaeilt,irrespective of xny temporary wniver of the same_ �
<br /> x � These Prescnts,hawever,are upun the Cu�dition,That if the said Mongagor shall apa}�seid loun on ur before tfxe msturity of said shares by , � .
<br /> �Oaqment;pay monthly to said ASSQCIATION of the sum specified in the Bond secured hereby as intarest und principel on said loun,on or before�
<br /> the T�ventieth dny o(each.snd every�month,until said loan is fully paid;pay all taxes and assessments levied agains[said premisas and on this btortgxge
<br /> and the Bond.secumd thereby,before delinyuency;l urnish approved insursnce upon tlne buildings theteai in!he sum of 5 Z2.�Q�.�0 payxble �� �
<br /> � to sa.id ASSOCIATION;reQay to said ASSC�IATION upo��demand all money by it paid for such taxes,assessments afld insurance with interest at
<br /> %� the mazimum Ingal rate thexeon 1'rom da[e uf payment all of which Mortgagor hereby agrees to pay;permi[no waste on said premises;kcep and comply� � � �
<br /> � wilh.all Yhe agreements aud wnditions of the Bond 1'oz 5 2 �p�Q Q�this dav given by the snid Mortgagor to said ASSOCiATiON,and eomply
<br /> with aH the reyuirements of the Coiutitution artd]3yLaws u�said ASSUZIATION;then these presents shall oecome nall ariu voi3,ut,i�.w,�i�ey �
<br /> shall remain in.full force and may be forecfosed et thn option of the said ASSOClATION after tailure for three months to make xny of said �.
<br /> � payments ur bc three months in arrears in making said monthly payinents,or to keep and comply with the agreements and conditions of said Bond;
<br /> and Mcarigagor agrees to have�receiver appainted forthwith in such tvreclusure proce�din�,s. ��
<br /> If there is any�change in ownezship of the real estatc cnortgaged lierein,by sale or otherwise, then the entire remaining indebtedness hereby� - ��
<br /> secuveci shall.at ihe option<�f 7'he Equilahle Building xnd Loan Assaciation of t3rand Island,Nebtaska,become immediately due and payable without � �.�
<br /> further natice;and.the amoun[ remaining aue under s�id bond,and any uiher bunci Ior anY additioiu3 advances made tlieceunder,stxall,Irom the: � . �
<br /> �� date of exercise of said option,bcar interest ai the maximum legal rute,�nd this mortgage rriay ihen be fornclosrd to satisfy tf3e amount duc�on said - � �
<br /> � bond,and�any other�bond tor a3ditional xdvanu�s,together with all surtis paid by said The Equitable Building and Loan Association of Grand Istand, - � � � � �
<br /> Nebrask:a for insuranee,taxes and rsses��nents,an.d abstrecting extrnsion chxrges, with. interest thercon, from dxce�uf payment at the �naximum. ��
<br /> legei rate:
<br /> . a.�p!evie�P�1�rt�tls.I3s�nL sesured hereby,while ihis mortgage remains in effect t.he ntortgagee may hereafter advanca asiditicna!sueas tc the. . � �
<br /> makers af said.bond,their sssigny or successors in interest,which sums�ull be wichin the eecw�ity ey.i[his mut�tgage ihe same as the funds originally � .
<br /> � secured�xhereby,tha total amow�it of principal debt nui to eaceed at any time U�e ori��al amount of�this martgage. � �
<br /> fla]�c�s g aar� Apr i 1 a u i�77
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<br /> R�ehard A. Soimners Ma�•ry K.:,Sommers
<br /> STATE OE NBBFiA$KA,� �. On this da of �
<br /> CO17N7'1 OF HALL 8th Y Aqrl l. 1>77 ,before me, �
<br /> - �� � � the undersigned,a Notary Public in und for said Counly,petsonatiycame �" . �+��`
<br /> ,,, Richar� A. Sorroners and Mary K. Sott�ners, each in his and her own right and as spouse of each a��'��"
<br /> � :Ot�l�'M' �.. . .� � � µ�ha dY'E' Persunally known to� �" i;��
<br /> �^�`'
<br /> ,� me tn he die identica!persc>n 5 whox name S d rg affixed to the above inscrumrnt as mortgagor S and they severu3ly �,; t�'�
<br /> acknawf�dged the said instrument,t�{ZG tf127 Y' voluntary act and deed_ ,,/ �` '�`'
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