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<br /> MORTGAG6
<br /> MORTGAGE LOAN NO. L ZZ,JZ4
<br /> KNOWALLMENBYTHESEPRESENTS:That CI1dP�2S �. Whitney, d single PEY'S0�
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<br /> � __Mortgagor=whether one or more�in consideration of the sum of
<br /> Thirty-Eight Thousand and No/100----------------- ----------DOLLnxs
<br /> � loaned to said mor[gagor by The Equitable Building and Loan Association of Grand Island,Nebra�ica,Mortgagee,upon 38� shares of stock of �
<br /> � . �� said ASSOCIATtON,Certificate No.L 22.�24 � ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real esta[e,situated in Hall County,Nebraska: �
<br /> A TRACT OF LAIVD COMPRISING A PART AF THE SOUTNWEST QUARTER OF THE SOUTHEAST
<br /> QUARTER (SW;SE;) OF SECTION THIRTEEN (13), TOWNSHTP ELEVEN (11) NORTN, RANGE
<br /> NINE (9), WEST OP THE 6TH P.M. , IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY
<br /> DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE NORTH LINE OF SAID SOUTH-
<br /> WEST QUARTER OF THE SOUTHEAST QUARTER (SW;SEm), SAID POINT BEING TWO HUNDRED
<br /> NI'NE AND NINETY EIGHT HUNDREDTHS (209.98) FEET EAST OF THE NORTHWEST CORNER
<br /> OF SAID SOUTHWE3T QUARTER OF THE SOUTHEAST QUARTER (SW;SE4); THENCE CONTINUING
<br /> EASTERLY ALONG THE NORTH LINE OP SAID SOUTHWEST QUARTER OF THE SOUTHEAST
<br /> SOUTHERLYSPARAtLEL TOSTNECWEST �INEHOFDSAIDFSOUTHEA�ST(QUARTERF(SEa)TAEDISTANCE
<br /> OF ONE HUNDRED EIGHTY (180.0) FEET; THENCE WESTERLY PARALLEL TO THE NORTH LINE
<br /> OF SAID SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER (SW;SE4), A DISTANCE OF ONE
<br /> HUNDRED FIFTY-TWO (152.0) FEET; THENCE NORTHERLY PARALLEL TO THE WEST LINE OF
<br /> SATD SOUTHEAST QUARTER (SE4) A DISTANCE OF ONE HUNDRED EIGHTY (180) FEET TO
<br /> THE PLACE OF BEGINNING AND CONTAINING ).628 ACRES MORE OR LESS. DATED OCTOBER
<br /> 11, 1973
<br /> together with a!1 the tenements,hereditaments;�nd appurtcnances ihemunto belonging,including attached floor coverings, all window screens, �
<br /> � WIIIGIUW SIl'J(�OS�blinds,storm windows,awnings,hea[ing,air cor.a.i:iuning,and plumbing und waier equipment xnd accessories thereto,pumps,stoves, �
<br /> � refrigerators,and other fixtures and equipment now or hereafter attached to or used in cannection wi[h said rea1 estate.
<br /> � And whereas the said nwrtgagor has agreed and does hereby agree that Uie mortgagor shalt and will pay all taxes and assessments levicd or �
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to fumish approved �
<br /> insurance upon c}�e buildings on said premises situated.in the sum of S 3S���0.�� payable to said ASSOCIATION and to deliver to said �� �� ���
<br /> � ASSQCIATION the policies for said insurance;and not to commit or permit any waste on or about said premiser, . - . .
<br /> In case of c�ef'ault in the perf'ormance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall, � ��.
<br /> an demand, be entitied to immediate possession of tlie mortgaged preinises and the mortgagor hereby assigns, [ransfers and sets over to the �
<br /> mvrtgagee ali the rents,revenues and income to be derived from the mortgaged premises during such time as[he mur[gage indebtedness shall remain � � �
<br /> unpaid;and the mortgagee shall have[he power tu appoin[any agent or agents it may desire fnr the purpose of repairing said premises and renting � �
<br /> the safree and collecting the rents,revenues and income,and ii may pay out of said incume all expenses uf repairing said premises and necessary � �
<br /> cummissions and expenses incurred in renting end managing tlte same aad of collecting rentals [herefrom; the balance remaining,if any, to be -��
<br /> applied toward the discharge of said mortgage indebtecness;these rights of the mortgagee may 6e exercised at any time duzing the exis�ence of such � � �
<br /> default,irrespective of any temporaq�waiver of the same. � �
<br /> These Presents,however,are upon the Condition,That if the said Mortgxgor shall repay�said loan on or before the maturiry of said shares.by � �
<br /> � �ayment;pay monthly to said AS50CIATION of the sum.speciCed in the pond secured hereby as interest and princip�]on said loan,on or 6eibre � � �
<br /> � the Twentieth day oC each and every month,until said loan is fully paid;pay all taxes and assessments levied aguinst said premises and on this Mortgage � �
<br /> and the Bond.secured Uiereby,before delinyuency;Cumish approved insurance upon d2e buildings thereon in the sum of$ 38.�QO.�� payable �
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assexsments and insurance with interest xt � �
<br /> the ma�cimum legal rate thereon from date of payrnent ail of which Mortgagor hereby agrees to pay;permit no waste on sard prerttises;keep and comply � � . -
<br /> . � with all the agreements and conditions of the Bond for$ 3$�QQQ.QQiis dey given by the said Mortgagor[o said ASSOCIATION,and comply �
<br /> With all Ihe requirements of the Cons[iWtion and ByLaws of said ASSOCIATION; then these presents shall became null and void,utherwise they �� � � �
<br /> : shall�remain m full f.,.rce-and may�be foreclosed at Ihe option of the said ASSOCIATION afrer failure (or three monU�s to make any of said - � � � � � �
<br /> payments or be��fhiee months in arrears in making said monthly payments,or to keep and compty wi[h[he agreemen[s and conditions of said Boud; �
<br /> � and Morcgagor agrees to have a receiver appointed forthwith in such f'orectosure�roceedings. . � � .
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise, then the entire remaining indebtedness hereby . �� � �
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become unmediately due and payable withou[ � � � � � �
<br /> further notice,and the amount remaining due under said bond,and any other bond Cor any additional advances made thereunder,sha11,from the � � � � �
<br /> date o1'exercise of said option,bear interest ai the maximwn legal ra[e,and this mortgage may then be foreclosed to satisfy the amount due on said � �
<br /> bond,and any other bond for additional advances,together with;�Il sums paid by said The Equitable Building and Loan Association of Grand lsland, � � �
<br /> . Nebraska for insurance,taxes and assessments,and abs[racting extension charges, with interest thereon, from date oF payment at the maximum � � ��
<br /> legal rate. � . � � � � �
<br /> As provided in the Bond secured hereby,while this mor[gage remains in�effect the mortgagee may hereafier advance additional sums to the � � �
<br /> � mekers of said Bond,their assigns or successors in interest,which sums shall be wi[hin the security of this mortgxge the same as the funds originally -� � � .
<br /> secured ihereby,the�to[al amount of principal debt not to exceed at any time the original amount of this mortgage. �. ..
<br /> natea tn;s 1 st day of July A.D.,i�7
<br /> , S .� e ��---.-�
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<br /> STATE OF NE$RASKA, SS On tlus da of JU� '
<br /> COUNTY OF HALL� �S� Y y 19 �� ,before me, �) : ,,;
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<br /> . the undersigned,a Notary Pubiic in and for said County,personatly came �-� ' � �M:
<br /> Char7es L. Wh'rtney, a single person �,`
<br /> � . .. .:���� ... � : . �. , . who l S Personally known to . .
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<br /> me to be Ihe identical person se�3am��f(• affixed[o the above instrument as mortgagor and he �sm}}7� ���
<br /> � , acknowledged the said instrument t e�.t1�.f,q�o�unt�'��. act and deed.
<br /> W[T!JF.SS my ha an$�?�Qm arial Sea2 tfe'71ate oresaid.
<br /> � . � �1y Commission �`� NGTaRY �,�; �� � .
<br /> . At t.'St i�'�" � {�� �'1 ��
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<br /> a•1•2�n xt J,;9G�r 2� Notary Public
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<br /> � M�FOF n�u��'.. ,:>
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