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<br /> MORTGAGE
<br /> FiORTC;AGF�onx Ho.�22659 MGI G
<br /> i KNOW ALL ME1V BY TFI�E YRESENTS='Phat Wi 1 t 1am M. Certer an� J udi th A. Carter, each i n hi s
<br /> . � and her own right and as spouse of eac� other
<br /> j Martgagor,whether one ur more,in considerati,on aF ttw sum of
<br /> ,•� Fhirty Thausand Six Hundred and No/100--------------------------------------------�LLnt�s
<br /> � loaned to s:ud rtu7rtgagor by The Equitable Buil�ing and C.oan Assucivtion of Cramd Island,Nebraska,Mortgagee,upon 30f) shares of stock of
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<br /> � `' xaid ASSOCIATION,"Certificat�No.L 2265� MGI��ca heraby grant,convey and mortgege unto the said ASSL�CIATION the following
<br /> �; � ' described:reaJ es2ate,situated ira Hall County, Nebraskai
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<br /> a LO"T ELEVEN (11) IN BLOCK TEN (1C9) IN ASHTON PLACE, AN
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<br /> ;� AD�]ITION TO THE CITY OF GRAND ISIAND, NALL COUNTY,
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<br /> ' ' NEBRASKA:,
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<br /> ,f toeethar witli..xIl the tenements:,hereditaments and.appurtcnas�ces thereunto�bclonging,�incIuding�at[ached t7oor:co��rmgs;aIl windonv-screens, ' �, . " " ��� + e.
<br />�' :? window shades,blmds,storm wiridows,'awnings_heating,air wr�ditioning;and plu.m6ing and water equipment and accessories aheretu,purrsps,stoves. ;�
<br /> �� refsigera[ors,and otherYixtures araci equipment now or hereaFter attzched to or used in connection with sa3d real estate:
<br /> „„� i+uu wl�ar .h_.=i3 mo[tgagor has agxeed und duesliereby agree thaY the mortgagw�hall and will pey a!I taxes and assessments levied or;
<br /> � asscssed upon said preinises and rlporr this mort$age and the boc�d secured theiekzy betore the sxme sha1L become delinqisent�to furnish approved
<br /> � insu�ance upon the buiidings on said premises situated in the suin of 8 3��600.00 payable to said ASSOGIATiUN and to deliver co said -
<br /> ;;� ASSOCIATION thc policies for�said insurance;�azed not to commis or pzrmiT�any waste on or.�abou[said premises; - �� � �� �
<br /> � In cUse of default in the pesformance of anp of'the terms and conditions of tfiis mortgage or the band secured hereby;the morcgagee shaii,
<br /> "�r on��demand,be entiiled�to immediate possession�uf the moctga�d premises�.and .the�.mortgagor licreby��assigns,�transfezs and sets over ta the ���.
<br /> moztgagee all the rents;revenues and income to be dcrived from tl�e mortgaged premises Juzing such time as the mortgagc indebtedness shall remain ,
<br /> ..., unpaid;artd the murtgagee shall'.!'u'�ve tfie power to appoint�ny agen2 or agents it rnay��desire�For the purposn�ot�repauing said�.premiser aztd renting��' ��- �� '�
<br /> + ctte same and c�u�ciii,g t!.,r,;;.s; revenues and income;and it may pay ou[ af said income xll expeases e? . ,.ai:uib .:� pr�rn;sc -�3 nec:�ry
<br /> � s eommissions and ex.penses incurr�d in renting and managing the same and bf callecting tenta2rxharofrom; the balance aemairun$,if a�iy,to be
<br /> y applied toward the discharge of s�id mortgage indebtedness;[hese rights ot ilie mortgagee may be exercised at any tima during the e�cistere:ca of such
<br /> � defauit,inespeccive of an"y temposery waiver af tha same. ,
<br /> ��, These Presents,however,ar�uport the Coadi[ion,That if ttic said Dlortga�or shall repay said loan on or 6efure ihe�naturity of said shares 6y :d
<br /> � payment;�pay.monthly:;tu�stidASSOC1ATfON�s>f.thesumspecifiedmtheBond;secured�hereby��xsinecrest�and�prinupal�onsaidloan,on.�orbefore ���
<br /> the,TwenUethday of eachand eve-ay month;untit said loan is fully paid;pay alt taxes and assessments levied against said premisesand on[his.Mortgage ;
<br /> e � and tlxe Bond secured tliereby;be�'orc 3elinyuency;£urnish appro�ed insuzanca upon U�e buildings the�eon in the sum of$�Q�6QQ.QQ . paYable
<br /> ` to��sa�ci ASS(JCIATION:�repay tq�said ASSOCIAI'ION upondemandalPmoney by it paid�fos sueh taxes;as:essmenis and insurance with interes[st � � - � �� � ��
<br /> � ' the maximum leeal rate the..e.:�'rc��n de?e��f pay3nent atI of whir3iMorrgagor hereby egrees to pay;permit no wastn on said premises;keep a�d wmQly' '
<br /> � witt�alltheagrearnents�andconditzansqfthe�Bomdfor$`�� 6(�(� p thisday givenbythe�sa.idt�tor[gagostusaid�:pSS+OCIATTON,�aitdcomply ,� � � - � � ���
<br /> ; witii all the requirements of the Consdtution and B,v-laws of'said A$�6C1AT[ON: then these presents shall become nuU and vaid,o[heewise thay °
<br /> � } sha31 remain Sn fu4 foice and may 6e foreclosed at flie option�f the said qSSOCIAT]ON after failure for thrce m�nths to make xny of said ,
<br /> �:.p ' .. ����payments-orbethree�months�in:arrearsinmakiagsaidmonthly�payments,.t�rtokeepandcomplywith[heagreements�and..conditionsof�saidBand;�'
<br /> M1i �, nnd.Mortgagor:ngrees:tq have a�ret..-eiver appointeh.fortliwith in such foreclosure proceedings. �.. � � � ��: .'�. �:�
<br /> +r ' It there-is any change in ow�ership of the reat estate mortgaged herein,by sale or otherwise,theri ihe enti�e remaining indebtedness hereby
<br /> °,,."� secured shall;at ttie optian of The Equitablc Buil�Iing nnd Loan A_ssociation of Gra�d lsland,Nebrzska,become immed'aately due ar.d gsyab;e wiRhoufi
<br /> , 5 furthennatice,and xhe amount<remaining duc under said bon�;and any other i�ond for any additional advances made kheraundor,sliali;from the
<br /> date uf ezercise of said option,bear intezesr at the maximum lega.i rate,and this mortgage may then be foraclosed to satisfy+tLis amoun[dve on said `
<br /> � bond,andany other bond for adclftional advances_together with a31 sums paid by said The Equitable Building and Loan Assaciation otGrand Island,
<br /> r Nebraska for insurance.taxes and assessmepls,arzd aUscracting ex3ensiva charges„with interest thereon, from date of pa�ment at the snaximum '
<br /> -�' legal rate.
<br /> � � As provided in the Bond secured hereby,while tttis mortgase remains in etiect the enorxgagee,may l�ereafter advanae a��ditional siuns to the
<br /> � ^� rcwkers ot said Bv3id,the'u assigns c�r successors in interest,which�ums shall be wii�iin qta security of this mnatgage the same as the funds originally ;
<br /> ,t �cuieu t{icreby,�t�z�ot:,l ani�urz o;pr;�cipat dz�t nui ao excze�ax any r-ne ih�arigina;amount of this morisage.
<br /> � g r�d��a rns5 24th}}��,,�� asy or �ay A.n.,l y 77 #
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<br /> S'Tr�1T�QF NESR.ASKA>�ss. On this 24-�� day of Mdy 19 ]� ,before me,
<br /> F COUNTY:OFtiALL
<br /> f the urx3er�igned,a Natary PubDic'sn and t'or said Gounty,peisonxily cume ° �Y'�
<br /> , l��iliar� �9. �arter arr�d Judith A. Carter, each in hss and her own ri��it and as spouge of ,;,,,,
<br /> � Bs"1C� Ot�lei' ° dT'2 P�rsonaliy 3cnown ro �
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<br /> F� me tu fie ltte ide.niitai person S ��t�tio�e ' dY'yE affixed m ihe above instrumeni as mottgagor S and 'En2,y' severaily �� '
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<br /> '" acknowledged the said instr fp'b5a ct��4,�'�r' 'voluntary act and deed: r�'
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<br /> +NiTY�: ��nnd No��.�. c dau a�oresaid.
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