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<br /> MORTGAGE LOA!r>1'U..,�.22b7�
<br /> K"'�tIJWALLI�EK SY?HESEP'R€SENTS:That Ardenee Y. QitUnaen Nabity and Ray P. Nabity, her
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<br /> h`inrtgago�,whcthm ane or more,In consuderation af the sum of
<br /> ; 7went�-lhree ThousaRd T+.ra Hundre�l and No/1m0--------------------------------------nau,axs
<br /> �N baned ta said mortgagoa�by The Equitable-8uilCing and L.oan Associati�on ot Crand!s}and,Nebrsska�hiortgagee,upan 232 shazes of scock of
<br /> <� " said ASSC7CIATION,Certifirate No.C, 226�� ,do herehry gant, convey and martgage unta the said ASSOCI.A.'I`TOIV the Pot9owing
<br /> dtscribed real estatt,sztuated in Hall Euvnty,Nebraska:
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<br /> L075 FOUR (4) AND FIVE t5), IN BLUCK TWENT'�'=
<br /> NINE C29), IN CHARCES WASMER'S ADDITION T0
<br /> a � � � � THE CT`TY OF GR�ND� ISCAND�.'N@BRASK/�,:'� � � � ' ` � ' �
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<br /> 4ogether with atl the'tenements,:hereclitaments and appurtenances tE�ereunto��belon¢ing..includinS xttached floor coverings,.all window:screens,-.�: � �
<br /> window shades,blinds;��sxorm win�ows,awnings,htating,�air condition"s_ng,and ptumbing and waterequipment and acoessories thcreto,gumps,sYovas, �.
<br /> � i� refrigerators,and other Fsxtures and equipment now or herrafter attachezi to or used in�onnection wfxh said rea!estate. �
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<br /> '� And whereas the said morigagor isas agreed and does hereny,agree cf�at the mor:cagor shall �d will pay a31 taxes and assessmentsdeYied or
<br /> .,� assessed upron saidpretni.tes and�.upon tt�iis,mortgage.and.ti�e bond secrsred�thereby�before the-same shall�become.delmqueni.;2o furnish.approved �.
<br /> � insurance upon the buil3ings,an said pizmises situated in the sum of 5�3�?D�,U� payable ta said ASSQCIATION and m deliver to said:. `
<br /> ASSOCIAT70N ihe policies for�said insurance;ar�d not��to�commie or permit�any.wasie nn or¢bout.safrd�premises: .���� . �- ��.,. .
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<br /> � � In case af default in che perfurmazicz oF xny of the terms and conditipns of this mortgage`or tha bon�f secured hereby,rhe mortgagee shall, :
<br /> on dao�artc�,be entitled.to immed'xate persses�ion�f tfae mortgaged presttises and the mortgagor taereby assigns, transfers ar�d sets over ro 2he
<br /> � ,� mortgagee all tha rrnis,sevenues and income to be derived from the mortguged gremises during such time as the xxxortgage indebtedness st�all remain
<br /> unpaid:and the mortgagee shaII t�ave Uxe power to appc�int any agent or age�ts ic may'desire for the pu�pose of sapairing said premises and renting ;
<br /> � tlte'same a�d;coliecting she:ents,revenues and income',and it may pay oue oE said inccrme att ex�nses of epai:ing said gremis�s and neoessary
<br /> cummissiuriY�id ex�enyzs incurreci in rerifing and mn�ag��ig tlie sa�tte and bf coUzcting rer.tals :h�refrom; !n_ �sL.�ce rrma=_ning, if anv; to be �
<br /> � applied taward the disct�rge of said mortgage intlebtedness;these rights of the mortgagee may be exercised at any time during tiis existence o!'such
<br /> � ;� default,irrespective of uny temporary wa5ver of the same.
<br /> y ; ��. These:Presents,howeveq�are upom�1heCetnditiorz,That if.the said hiortgagoz shal3 repay said laan on�or befa�re 1ha maturi<ty of said shaEes by .��.
<br /> ,� �f payment;¢ay�monthly���ic�said�ASSOCtATION of�the sum spec�ed in.2he Bond.secured herebv as znterest�and principa!on said loen,oa`ar befom ��.
<br /> � Lhe��Twentxeth day of ear.h and every mgrcth;uniit said loan u futly psid;pay all tnxes and assessments�svied against.said�prenuses�.�nd on this I�lostga.ge ��:�� _
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<br /> and,the Bas�d`secured th�reay,be.`ore de3inquency,fur�ish approved in�urance upon the buildings zhereon in the surn oF8 Z3,200 QD payable
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<br /> j to said gSSOCIATId'V epay to said ASSOC[ATION upon dcmand rli money by It paid for such taxes assessments and msarance wxth intero�Y a[
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<br /> � :hc :��..: :' _�..f.em�stc ef p.. ...atl of•.:,::i-:;�4 �• , ..�,
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<br /> � ;k with aH the agreementsamd wnditivns oE the Bond for 5 23,zQO.OO this day given by the said d'+longagor xo said ASSOCIR.TION,and cvmply
<br /> s with a11 the ra�uirements nC the Conseituzion and By-L�ws of said ASSOC[ATION;thera these nresents sha[l become null and void,otherwisc they
<br /> �y shall remaia3:.in fuU force and.may be�ft�reclvsed�at tY2e option�oGttie� uid RS50C1AT10N-�u.fter Failuie..for three months.ta maks any of'sa�d-��
<br /> � Pnyments ur be three months in arreais:n rnakiag said mvntnly paymeriis,ur to kaep an�'comply vrrit:�the agreements and�ronciitions oF said�ond;
<br /> i � ana�.Mc�rtgugor agrees co f�ave a receivet appoin[ed;forthtivith in�such fore�losure proceee`ivigs � �..�� � .� . . � � ;��
<br /> .,.� ,�� If 2hcTe�is anychange in�wnership�uf the real eseate�morigaged hcrein,6y:sele:oz.othenvise, tlten.the�entire cemaimn��.indebtedness ts,ereby�-
<br /> secured stusll;.at ttie option of The Equitabie Building and L,oan Associacion uf Grand lsiazxd,\ebraska,become un�adiateiy due and payahle without
<br /> � � .�further nocice,and the��amount-remainia�g due��.under said�bond,and.any o[her 6and for any xddit3onel advances.made thereurider;shall,frmn the
<br /> .,g datie of.exereise�S said e:plion,benr inlerest at the maximum legal rate,and Ghis mortgage mxy then be furectosed 3o satisfy the amounL due a�said
<br /> bo�d„and a�y other bond Cor additional adWances,togecher with all sums paid by said T`he 8quitable Building and Loan Associat'son of Grand island,
<br /> � ! ,-Nebreska.foc:insucance,'+tazes�andassess[�ents,and abssractingeatensior.�charges,�wi#h interest.thercwn, from�date of paymen�t at the�maxamum-
<br /> }egai r'ate:
<br />� ' ���� As.provided xn�.�#he Bond.secured Ixereby,white t3�is mortgage xerszuins in.effect.the mortgagee.may hereafeez advxnce ad�itional�sums to the'��.
<br /> � � �makers ot�said fiond,�the3r� igns or succe�ssors in.iniezcst,x�hich�sutns s�^ull be.rvitlun�3te security of this mort.�ge the same as 3he funds azigvially���. �'� ' ��
<br /> �'i - secured.iheroby,the�tolal a ouni,of principal�debi iiot to exceed�a[any�.time�the�origirsal amount of'this martgage:��� . � � �
<br /> �.= Dated this f day of �7Uf12 A.D.,T9 77
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<br /> { ��Nabz�y .�
<br /> ; e�eT�t[�'�N£BF.ASKA, ss. On tPvs 'f 7 Y'S'� day of �Un2 19 Jj ,before me, ;
<br /> i COUT3TY OF HALL.�
<br />� � �� � �. � � � � t]ie s:ndcrsegned,a N�tnsy Publit in and 1or ui3 Cout::��,peswnal!}•camc � �� '��' ��
<br />� Ardenee 3'. Di ttsnan Nab�t and D'`' P NaSi ty s her husban� �" e� �
<br />� a � .. .� :. � ,. `�",. ... . .. . wha: st1"L' �rsvnslly knewn iu .. .
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<br /> . mo to be ttse identirai persorg w�sose»ame S , '8 C8 �aRffixef�Yo ihe ahove instrument as mortgagnr 5 and thC'y sewera7ly ,,
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<br />� ,, aclu�owSadgad the said-uastriunent to be.. '��1L'l►' volriqtau}r{Ft acsd decd. �.; .T�.:
<br /> f ,� ; WI3'i3�SS my handanc�t�o�¢sia3 Saa2-the dafg a€ot}said: / r �r ,""" '
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<br /> �- My Coa,n,;a�n expires "��c.�` /, I�C1"7' ,p�" �.'�'��� L.!- .�J.�..'7"�.��,'L'�G"' "
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