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<br /> �` ����or�TCAcs Lor��v No.�� 22�,746 MGI�C
<br /> � ��r�w r,LL�Err Bv rfa�ssrx�sEx'rs:Tnac Gary B. McWi T 7 i am and Susan M. McWi l l i am, each i n hi s and �
<br /> ' her rnxn right and as spouse af each other,
<br /> � r��ar.wha� r onc ur mare,in c�nsideration oi thesum of ,�
<br /> ;werr�y tignt Thousand-Three Nandred �ifty and Mtl/1'�1�5- --- -------------- ---a�e �
<br /> .,<.. � ' DOI:LARS �
<br /> , • 3.oaned to said mortgagut.by The EqwPable Building and.�Laan AssociaYion oCGrand Isinnd,Svebrasi.a,hiortgagee,upon���283 � iliares of s[ock af � • ��
<br /> , said ASSUCIATIflN,Cert�c9xe F:o.LG`�2,7�6'H1GZ� ,do hereby grani, cunvey and mongage unto the said ASSDCIATION'the fo!lowing
<br /> descr'tbed reak-estate;situated in Ifiall Cauntu,T�etiraska:
<br /> LOT FIFTEEN (15) IN Bl4CK ONE (]) IN F�tE4E5 FIRST A��ITION Td
<br /> ��� � �
<br /> THE CITY, OF GRANO ISLAiYD, HRLL CQUNTY, ;VEBRASKA.
<br /> � .tdgether�.with all��the tenements,hareditaments and a�purtenances t}ieieunto�oelonging, tncluding attached itoor cuver�ngs;aA window screens;., .
<br /> k � window shades,blinds,siurm wiadowa,awnings,heatin¢,air conditioning,and plumbing end water equipaient and accessories chereto;pumps;stovrs,
<br /> . �� sefrigeraiors,aad eathzr t5xtures and equi�men:now or herealter;�ttaehed to or used�'v1 connectinn with sa.id re;il�estate. � � . � �
<br /> � � �Atid�wncreas the saici mortg2gor t�as.agreed and daes hereby aeree.chat�the.ir.ortgagur sliall xnd will pay ali taxes.and assessments�levied�ar.�� �
<br /> � ��aszessed��u}sun said premises and�upan�t}tis mortynge�and ilie bond secured therebv hefure tkie sxme�shall become delinqueni;ro turnish�appraved.��. .
<br /> � �. insurance�upon the bieildings�on�said premises sitwated in tha sum of 52�,350.OO � .payable m�sa'rd�ASS(KIATION��and.to deliver to saiel. � �
<br /> � �ASSC?CtA'TIOIv zhe�policies for�ssid 3nsurance;and not to cummit or permit any waste ott or�abnux said��remises; � � � � � � � �
<br /> �� � !n.casc af default in.the�performance of any of the terms anci con�iitions�of ti�is mortgage or the bpnd secured hei�eby,the morigagee�shali�,.�..
<br /> .��on deniand,be�erui;ied to immediate�passession af the.myrtgxged.premises�aad the murtgagor�hereby ussigns,�transfers and�sets overr�to. [he�:
<br /> . mortgagee a31 tite rents,.ievenues az�d inwme.to br derived f'rom the mortgaged premises during such.time as the mc�rtgage�indobtedness shalLremain�..
<br /> � � unpaid;and tlie mor[gagee shall liave ihe pUwer tc�agpoint any agent.or ugents it may desire fur the purpose�of rcpairing said��premises and�renting�.�.�
<br /> � ��ihe smme arsd collecting the rents,Tevenues and incame,and�ii may pay out�of said��incvme sil expenses af repairing�said pramisas and�.necexsary �
<br /> . �� curnmissians and expensesu7currcd in reniing and managi�tg the ume�an3�of collecting rentals iheretcnm;.the balance�remaining;if sny,to 6t.
<br /> :xpplied toward�the discharge of said rnortgage indebtedness;d�ese rigFns of thn�morigxgee may�be�exercised at any tune during the er.istence of such �
<br /> . �ds;ta.ult urespective of any tempocary waiver of the.same_ . �� � � � . � �� .
<br /> . � � � ���x?i�xi�ts,nc�wever,are.upon theCondition,Thas.�iC tl�e said.A3ortgagor.snaU repay said loan�on.orbefore the muturity uf said shares by:�� � .�
<br /> � payment'pay munthl,y io s:�.id�ASSOCJATION ot the su�n speciGed in the Band sc�cw�ed hereby as interest and_principal on said loan,on or.befure�
<br /> �� the Twentieihd�y oC eacfi an3 every munch,uncii said Joan�.i&Cul3y paid;pay ali taxes.and assrssn+en[s.izvied a�.ins:sa;d p:c^Sses and an:his tturtgugc
<br /> � � a.nd thc Bond secured thereby,befure�delinquency:f'urnish approved.insurance upon the buildings thereon in the sum of'�$�$�jQ.QQ . payahiz��
<br /> ��� tc?said ASSOfIATtOl�:repay�to said�ASSOCIATt4Iti'upon denund�a31 money by it paid�for such taxes,assessments and insurance.wi[h inierest at
<br /> �•�� �� � �ihe maxzmum legal ra[e thereun!rom data of payment all.of which l�tortgagor here6}�agrees to pay;permii no waste on said premises;keep.und coinply �� �
<br /> is."� � � � � � � .
<br /> ' «5th�ailthea&reemcn.tsandconditionsoftheBond�for52$,35fl.00 ��tisd-e}'�givenbyth.esnidAfor.ragortos:il�A550CIAT10N,�andcomply..
<br /> k������� � with.allitie requicements pf�the Gunstitution and ByLaws of said A550C'[AT10N;then�these presents s.tall�become null an3�void;�othe�vvise��they��
<br /> � shall�rem;iin�in��full.fnrce and:a�ay be�foreclosed at the optioi.uf ihe�said ASSOCIATlON after.failure for cnree�rznonths to.make�xny of said � �
<br /> � payments or.be chrer�.manths in arrears in making said manchly puymenis,or Yo keep and comply with the agreemen[s and cunditions af said 8ond:.
<br /> � and.Mortgagvi�agrees to.h:rve x receivec appointed forthwich i,n sueh foreclosure praceedings � . � � � �
<br /> . � � � If th�re is any:change:in ownership oF the real estate mortgaged herein,by sale.or nthsnvise,�then the�entire rernaining��indebtedness hereby � �. �
<br /> � .�.secuced shall,aY�the opiion of The Equitahle Building and Loan Association of Grand Island,A'ebraska,become immediately due and payable x�ithout. � . �
<br /> i' ��� . t"urther.nntice,and the-�amoun6 remaining due under said bond,and any other bond for any addiuonal advances.made therevnder,shall,from Che�� . �� � � .
<br /> ,� ;r, � � data iaF exerciar of said.option,hear interest�at the maximum]egal rate,and this mortgage may then�be foreclosed to�sazisfy[he amount.due on said
<br /> �� - hond,and any nxhet 6ond for additional advances,Yogether vrith all snms paid.hy said The Equitable Building and Loan.Association of f rand islantF�� � �� -
<br /> . �IYebraska�forinsuran�.e,�.taxesandassessmen[s,and.abstxactingexteasionclaarges,�a•ith interestthereon,. from.date of�payment ai the maximum�� � � � �
<br /> legal.rate.. . � , .. . � ...
<br /> � � � � � As pravided in.the Bond.secured hereby,while tteis mortgsge remains�in nlfect the mUr4pagee.mxy hereafier advanee additional sums to the. .
<br /> m3kers c�f seid F3ond�,thaar assigns.or successors�in interest,wttich sums sha11 be within.the securiry o[this mortgage the snme as the funds origi.nally � �
<br /> � ��cured thereby,the tata3 amount of princripal.dehz noE to exceed at any tim�e�the origirml�atnomn of tivs mortgage. � � . . ..
<br /> �tillated tftis �4tt1 day of JUIIE? A.Dr,19 7� ,
<br /> '>, �• / �� �,i �. �)t �` '.GG`�L.a-r.✓
<br /> ary . Mc4ti1 iam Srisatt M. McWi3 iam
<br />�.:.: �
<br /> STATG OF NEBRASKA,�� pn this 24't{7 dny af J U 112 t9 �� ,beforr me. j
<br /> n _ COUIi�TY pE'HALL + a r��,
<br /> the undersiylned,a Notury Pubtic in ar�d iar saiQ County,pers�naily came �� . � ��;; .
<br /> Ga;ry 8. Me4t9'�liam and Susan' M. McWi7liam, each in his and her own right and as spouse of
<br /> E'd C f't2t'4 who d Y'C' Personaity known to ; ,
<br /> �i¢1�j}�e`9 person 5 whose nsme5 dY'E affixed tu the abovo-inscrumant as mortgagor S anci th2y seve�aily � t� _�
<br /> a'�a�E��Ydt«�t'i [ument ta be 't}121#" voircntary act:+nd deed;
<br /> ;'; �.�_ �.9j,7 my hand and N�tarisi Seal ihe date aforesaid.
<br />�... .��,S ���7aii,rv,.r M�f�r�ntissian r.xpises ��'r�.... � r- �i,i :�i r.Ei l� �'�'�, �, . . . .. ,„ � .
<br /> �q EXPRE�S ' � •^-^+��v`'L✓� �f� +. �S tj� ary Pubiic �
<br /> o- �cy.; j � "
<br /> �''�+�m.� 32.��',,��R.� �.`
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