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<br /> �oKrcr�a���wivrro. .L 22,672 MGIC
<br /> (' KNUWALLMENBYTHGSEPRESBNT5:That �eland �. Mc6raw III and Barbara M. Mc6raw, each in his
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<br /> and her own right and as spouse of each other,
<br /> Murtgagor,whether one or more,in consrderation a£the swn of
<br /> ' Thirty Ttw�usarrd Six Nundred and Nof100----------------------------------------------notL�[ts
<br /> la:ned to sais3 moregugcr hp The Equitable$uilding and Luan Association of Gcand Island,hiebraska,hlortgagta,upon 306 shares of stocl:of
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<br /> s8zd ASSOCIATION,Certi€cate No_L 2Z�6�2 MGI�'dU hereby grant,convey and martgege unto ihe said ASS9C;AT10N cha fallc;ving
<br /> describeJ maI estate,xituated rn Hall Ccaunty,Nebraska:
<br /> L�T SEIfEN '(7), IN BLOGK 'B", BOEHM'S:SUBDIVISION aF LQT SI�(TEEN
<br /> `` (76) DF T1-JE COUNTI' SUBDIYISIOtV OF ?HE SDUTN HALF 0F THE 50EJTHEAST
<br /> t Q£IARTER (S'�-SEa) �F SEGTION SIXTEEN (1 6) , IN TOWNSNIP ELEVEN (11)
<br /> NORTH, RANGE [dIME (9), WEST OF THE 6TH P.M., AND PART OF TNE NORTHWEST
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<br /> QUaRT�R OF THE NORTHEAST QUARTER {NlJ4 NE;� OF SEGTION'7WEN-i'Y-QNE
<br /> � (21) IN TO4tNSHIP ELEVEN (e 1), NORTH; RANGE NINE (9), wEST OF THE
<br /> 6TH P.M.
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<br /> xogether with all the tenements,herrdit�ments,and appurlena^cPs lhereurto belongir.g,uulmding at[ached floor'cov�:ings;all'windaw scrcens,;
<br /> � � .�. �svindow�shades,blinds;storm windows;awnings�,heating,air.condi[ioning,and piux'nbing�.and waterequipmentandaccessor9es thereto,purnps,stovas,��.� ,
<br /> ���aeCrigerators,�and other fixttues�and�equipment @ow�or hereafcer at[ached to or used in�connectiortwith s.^.id real estate.��. ..
<br /> . . . . . . � . ��:
<br /> ` � �,�- Rnd�-�rlaereas�the�said.�rnortgagor h3s agcced nnd.�does hereby agree ihat�th� mortgagor shall and wAll�pay all[axes�and asxssmanu levied or.�
<br /> c , assessed upon said premises and upon this mortgage and ihe bond secured thereby before chz same sliail become delinqueni;,zo furnish approved
<br /> �� � �� .ansurance_upon the 6uildingsbn said premisessituated in the sum oF 5�3Q 6Q�.QQ. � payable to�said ASSOCIATI(3N�and to deliver to said����
<br /> '' '�ASSOCIATION�ilie policies€ob said insurance;andhot to commit or pernu�any waste.oii ur about said premises; : .
<br /> ' � Incase�:�f�3efsu![.intheperforrnanee.ofaztyof[#ietennsandconditions�of tlus.mortgage.ortl:e bor_dsecured.hereby;themortgageesf�all,'�
<br /> :.' � . on.demand;�bc entitled to immedia[e Qossession of the mortgaged piemises and ihe.murtgagor hereby.�'assi�ns,�.iransfers�and sets.oyer W the�
<br /> .�rnvrtgugee�.ail die rents,revenues and income to be derived�from the mortgaged premises duringsuch time as[!ia mor[gage�mdebiedness sha11 remain �
<br /> �.a;npaid.�.ardt:'x�_mo'tg:;gee���allhavc�theoowerxoappoint�any�agencoragentsitmay�des'ue.forthe�nurgoseoPrepas o:.s�id,pr_.�^_<.rst�aer.tir.g��.�
<br /> S ' :the s .. ...,.. ..v.icC.ing.tha reuts,revenues und incvma,and it may pay out of said income�ali.�expenses�of repairing said.premises and�necessary�.-�
<br /> j conm:ssions and cxpenses incurred in reniing and managing the same and of collecting rentals therefromc the balance �emain[ng,iE any,to be
<br /> �.applied toward the discharge��.of said mortgage irtdebtedness;these rights of the morigagee may�be exercised at any time during ihe exlstence of such �
<br /> ��.�.rlefault,irrespectiveof�anysampurarywaive�ofthe�samc: : � � � . � . � . � � � � . � � �
<br /> 3 � �� These Presents;ho•.vever,�are upe�n the�Condi[ion,That if the�said hiortgagor sliall repay sa.id.loan�.on.or before�ahe snaturity af said.shares by�.
<br /> 3 � payment;:pag monttily�to s:=id�`ASSOCI�ATfON�ef che�sumspecified.in tlie Band saaured.hereby�asinterest andpPincipal vn.saidloan�,on�orbefore��
<br /> 'n flie Twentieth dayof each and every month,until said loan is fully paid;pay ull texes and asse�snxen[s levied against suid prernises and on this A9orxgage
<br /> �� � and the Bonii secuted theretsy,before delinyuency;�f'urnish approved insurance upon the buiidin�s thrreoa.in the�sum�of S �Q��5/�(�� (j.t� sv;ch����'
<br /> ! =_u�said..ASSQ�..'1:�T:CK;r.,r�y zo s..�1:.;SSOCI,.:IC'.�.:�punuemm�u.al}money oy ie paid ior:such�taxes.assessmentsandins�cance.wi�h.inierest at��
<br /> t%.�� �� ���thc��maximum�lagnkcatethereon.fromdateofpuymentaJlofwhichMortgagorherebyagreestopay;permit��no.wasteonsaidpmrnises;keep.andoomply�.�-
<br /> ` '`S . sivithall the agceemen[s.and conditioiu uf the Bond�for S $��6(}O.OO�his day��given by the�said�Mortgagor to said�.ASSOC:IATION,�and wmply�.
<br /> with aA the cequirements of zhe Constitution and By-Lasvs uf safd ASSOCfAT10N; then these.presencs sha1L becorrze null and void,vi'nerwise shey—
<br /> shall remain'in fuLi force and may be foteclosad at itxe oplion of'the seid ASSOCIATION after failure for dvee months tU make any uf said
<br /> ' .,{ payments ur be thcee montkss lnarrears in making said monthly payments,or to Keep and comply with tiie agreements an�i conditions of said Bond;:
<br /> and,Morlgagor agrees to hava x receiver up�oiatnd furthwitti in such foreclasure proceedings:
<br /> � IE there�is.any change�in.ownership of thp real estale�murtgageci hetein,by sale oi.otherwise,then the entire.remaining��..indeUtedxaess..hereby.��. .
<br /> , ; �. �secared�shall,a[�[he:optivn af The Equitable lluilding and Loan Associutiun of Grand island,NeHraska,become immediateiy due and payable withuut. .
<br /> �Sucther notice,.and�the:xriiount 7ernainiag due�under said.bond,�a.nd:anv other l�ond forany�.additianal&dvances made ti�ereunder,shall,fromthe � .
<br /> . �� �ate of exorc�.se oCsaid aptian;6zar interesCat the ma�mum legai rate,and this mortgage may tlien be foreclosed to satisty the anaount due on said
<br /> � ' bund;and any oxherbond foz additional advances,together with all sums paid by said The Equitable Building xnd L,uan Association of Grand Island,
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<br /> iVebraska foc insurance,taxes and assessmencs,and abstsacting extension charges, with interest thereoa, from date of payment ac the'maximwn
<br /> ' 3egalratc:
<br /> . � �'As prpvided in the:Bo»d secured.hereby,while this murtgaga�remains�in ef£ect the morcgagee may hereafter�advanca ad�ii4onal�sunu W ihe � � . .
<br /> ntakers of said}�pd,their xssigns nr successors in interest,wiuch sums shali be within the s'ecurity of this mort�ege the same as the funds o[iyjaally
<br /> ���secured�theceby.�tLe�tokal�acn�unt.�f principal debt not�to exceed at any time the origina]amouztt of z:his mortgage. ��
<br /> � , i Dated ttvs ],S'� day ot �UT12 }A.D.,39 J]
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<br /> ?�, .l'J —.i�� _ 'g C.� f.f�_:1CL i r1 i�/J� `%A� C :./w-
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<br /> �4 ,�c�. 1� /ts.5�+�
<br /> ., > �n�i �� c ra� ' ara *1. Mc6ra�v
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<br /> ' sra'r�ci�rr�sxasxA,i ist June 77
<br /> � ss. �. . �On tkus� .duy o£ . 19 ,6efore me, . .
<br /> CpIIS�tT'�OF HALL; �
<br /> the undersi ngd,a Not Pubiic in and{or sui�i Cou ty,peraonully came � �� �� �+h'� �
<br /> 3.2.land; ,]. Mc�raw IIT and Barbara M. Mc�raw, each in �h�s and��r own r�ght anc� as spouse of � ,�-
<br /> @d who dl^e Personallv known xo ; �• ��
<br /> � " � whose nemo aff'axed W ihe above instrument at mort a nr ttnd severail "�"'r
<br /> �.� «�� s s are s s s they r ^ ,;
<br /> ost�N6��dE� st nt�#o be t�'12 71^�.. voluatary act and deed.� . . �,"��
<br />� �� �75i�.�'1.,_>AA�"�'S y he.ad and Notarial�Sea1 ihe dateati�rzsati}d.� � � : ��'�
<br /> Cfl XQIRSI��IC� — ion:exPires �q � �� � �ba ^�. E� d '\ �.
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