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<br /> 77� 00�64(3
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<br /> �IORTCAGE LUAN NO. L 2z.601
<br /> ttrrow.��[,MErrav�rx�s�raesExas:Thac Harold Clark and Garlene t'l�rk, each iri his and her own
<br /> � right a�d as spouse of each other>
<br /> Mnrt�avc�c,whether one or more,'sn considwtation of the sucr�oF
<br /> Tvtenty—four Thousand and No/100------------^-------------------------------------- poLtaxs
<br /> loaned to sud moitgagor by'I'he Equitable Suilding and Loan Rssociatioq of Grand.Island,Nzbraska,i+dartgagee,upon 24� shares of stack of
<br /> saiJ ASS�IATION,Cercificate No. L 2^L'�Fi01 ,du hareby grxrst, conveg and mortgage unto the said ASSOCIAT[ON Lhe following;
<br /> described rea3 estate, situatsd in Hall County,-Nebraska:
<br /> .r;' � � .,. . . .� � � � � . � � �. . � . � . . � � . .
<br /> L�T NINETY EIGHT (98) AND THE tJORTHERLY
<br /> �, TkrJENTY-SIX (N 26') FEET OF LOT NItJETY
<br /> SEVEN (97) IN BEE:MONT, AN ADOI7ION TO
<br /> THE CITY OF GRAND ISLAND, NALL COUhTY>
<br /> NEBRASKA.
<br /> .-�.zogether�wiih all the�tenements,�hereditaments and 3ppurtennnces thereunto belonging,.irccluding attached Duur eoverings,.alt window sereeais,..
<br /> � �,-window shades,blinds,etorm windows,awnings,heating,air conAitiorsing,and plumbing and water equiprnent and accessories thereto,pumps�,stoves,.��
<br /> '� � � ��refrigerators�,and other fixtutes and equipmenx now ar herea(ter at[ach�d to or used in uunnec�tion with sazd reai estate. � � � � � .
<br /> . And�whereas.the said mortgagor hus agreed and dues Jrereby agree that the murtgaoor shall and will pay all taxes and.assessments�levied or:..
<br /> .�.�assessed�u�n said premises and upon this mc�rtgage and.the bond�secvred ihereby before tP�e same shaA.bzcome del3nquent;to furnish approved .� -
<br /> �. .insurance upon tfia.buildings orr said premises situaced irc tlic sum of$ 24��000.�� y�aq✓ablz to said n��uCin.e tOtJ and.to 8eliver to s.�id'� ���
<br /> ' � . . , ASSOCIATION the policies for said insurance�and not tu commit or permit any waste on or a�out sai�i premises; �
<br /> � In::case.of defauh�in the performance of any of the terms and co�nditfons of this mortgage or the bond�.secured herehy,the moRgaget�shall;.
<br /> ��vn�demand, be�entitled ro immediate possession of�the�mortgxged.pr�mises aad [he mortg.agor�hrreby�assigns, tra.nsfers.aad sets over to tlie. �
<br /> � �mortgagee all ihe�renis,revenues�an�income to be derived from the mortgaged premises during such time�as che mor[gage indebtedness shall remain��.
<br /> g .�. �' unpaid;and the mortgagee shall have�.the power co appoint any agenz o�_ugents it may desire fur the purpose of repairing snid.premises and renting.�
<br /> � �.the-same and.colLectsng the rents,rrvenues ansl income,and it may pay o��t of said incmne aJI�expenses of 7epairing said:�premises and necessary
<br /> �i� � cainmissitins and expenses.incurred.in ren[ing and mxnaging the same�ana�oC coltecting rerztals.therefrom; the balance remairung,�if any�,to be���� :
<br /> � � .�a7;;rlied tuward 4he dischargc.of said mortgage indeHieciness;these rights of the murtgagec may be exercised at.any time during[he existence of slzch.�.
<br /> � �� dsfault,.irrespective of any temparary waiver of the satnc. . � � .
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<br /> -,�'`: � �Theu Prasents,however,art upon�the Cundition,T'hat if the said Alortgagor shall repay said losn on or be(ore�the maturity of said.shares by
<br /> �� ..'payment;pa.y monthly lo said ASSOCIATIO'_'`7 uf che sum speciGed in lhe Bond secuced her�6y as inierest ssnd principal on said loan,on or befoce�
<br /> � � .the�Twent'reth day uf eaclt and every month,untii said loan is fully paid�puy all taxes un�lassessments levied against said premises and on this Mortgage .
<br /> �.�.� and�.the Bond secured thereby,bcfore delinyuency;fumish approved iasurance upon thebuild€ngs thereon in the sum�of 5 "Z4�OOL.00�payable��:
<br /> �ta said ASSOCIATION:repay.to said ASSOCIA'TION upon demand all money by it paid for such�taxes,assessments�and insurance with interest.at �
<br /> � � the��maximum legul rate thereon frum date of�ayment all of whicli Mortgagor hereby agrees�to puy;permit no wasteon saidpremises;keep andcomply. ��
<br /> < A .. .� with a!1 the agzeemertts and�conditions of[he Bond for S 24 s�0�.•��this day given by tttc said Mort�;agoi tu said ASSOC1AT10N,and�comply
<br /> � with all the requiraments of the Constitution�and Ry•Laws of said ASSO('IATfOlV;�[hen�these� presents shall become null and void,otherwise�tFtey
<br /> � � shall remain in full force und �nay oe forecioa:d at[he option of th�said ASSOC1AT10N after failure��fo� tliree munths�to make�any of said
<br /> � payments�.or be three montYvs in arrears in ma.king said inontlily paymenls,or to keep a�id cc+mply wich the agreements and condidons of sxid Bond; � .
<br /> � .� �� �nd Mortgagor.agrees to havr.a receiver appointed forthwith in sueh�foreclosure proceedings. � . �
<br /> � �If ther� is any change in ownership of thn real estate rnortgaged herein, by sale ot oxfterwise, then the entite rernaining indebtedness hereby: �� .
<br /> � � �secured shaSl,at the optiun of The Equitable Building and Loan Association nf Grand Island,A+:ebraska,become immadiaxely due and payabie withcaut .
<br /> � ��further notice,and the amount rexnaining dx.�e under said bond,and any aiher bund for any udditional advances made.thereunder;shall,Crom the � �
<br /> date of exercise of said option,bear interest ai the ma�cimum lagal rate.,and this mur�gage may then be foreclosed to satisfy the amount due on said
<br /> � bond,and any�other bond for additiona!udvances,together with all sums paid by said The Eq:aitable Buile�iag and Loaa Associxtisn of Ccand lsland, � � -�-
<br /> � � Nebras}:a�for�insurance,taxes and assessments,and abstracting extension charges, with interest thereon; t'rom.date oi payment at the ma.¢imum � � �
<br /> tegal rate.
<br /> As prnvi<ied in the Bond secured hereby,while 2Mis mortgage rernains 'ai ef;sci the mvrtgagee znay hereafter adsrance 3dditional sums tu the
<br /> makers uf said Bond,thcir nssigns ur successors in interesc,which sums shall be within the s�ti.:u:��_ _i.;s mortgage the same as xhe iu�ds uri6inally
<br /> secuied thereby,the toml artayunt of principai debt not to ex�:eed at any time the origi��al amounz of this mor[gage. � : .�
<br /> .� . � ted this tM� ' daY "�)Y"1� A.,^_,19 i� .
<br /> � /'( rt
<br /> � h k'�{�rC.�l'�i:.._e._ l � ���e t-�
<br /> o ar DArlene £lark
<br /> STAT,E OF 2S8BRASKA,�ss. On this 6th day of A�ri 1 19 77 ,before rne,
<br /> Ct9UN3'Y OF IiALL
<br /> . � � � the undersigued,a Notary Public in and fur-said County,personally�came � :, ��
<br /> Karu7d Clark and Darlene C]ark, each in his and her own right and as spouse of each other, F
<br /> „ . . . . . � who . �re. personally known�to . ��� .
<br /> 1� me to be tlx identi�t person S whose�ame S dY'2 af£viced to the above instrun:enc as mortgagor 5 snd they scverally ��r"x
<br /> y"'-��r
<br /> �� � �xeknowledged the sa'sd�insirument.to be tf]iEl t^ vuluntary act and dCed. ��^~`'�
<br /> z�`i
<br /> . � .� �� � WiTNCSS my hand and Notarial Seal:ahe date aCoresrsid. �� . ���� �'�j�
<br /> � - . A1y Commissian ezpires �;s �"' 'r��! 4�/ i� �
<br /> � � � c'L..,/L"L„Y,L^.., r ..".-'�",.'✓`I . ..
<br /> . . C�U.�frP I10" ,:� ��!, t .,,..,�.�! f.✓.�� .
<br /> �� Notary Pu 'c
<br /> � �.s.i.xacx# �. .t,�t�4tv.n a�y � ; � �--�� .
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