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<br /> MORTCACE
<br /> MORTGAGE LOAN NO.I,_ ZZ.�OT
<br /> � KNOW ALL MEN BY THESE PRESENT3:9'hai Rl C{C7 2 /�. Fi 1 a and Shei 1 a T. Fi 1 a, each i n hi s 311d h21^
<br /> own right and as spouse of each other, Mo�cgago�,whetheroneormore,inconsiderutionofthesumof
<br /> Twenty-ei:ght Thousand and No/100--------------------------------------------------- °
<br /> DOLLARS
<br /> loaned to;aid mortgagor by The Equitable Building and Luan Association o!Grand Island,Nebraska,Mortgagee,upon 28� shares of stock of
<br /> said ASSOCIATION, Certificate No.L 2Z��07 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described re•rl estate,situated in Hall Caunty,Nehraska:
<br /> LOT TWENTY-FIVE (.25�, TN BLOCK THREE (3) IN
<br /> y� MEVES FTRST ADDTTLON TO THE CITY OF GRAND
<br /> ISLAND, NEBRASKA.
<br /> tcsgether with all the tenements,hereditamen[s and appurtenances thereunto belonging,inciuding attached floor coverings,all window screens,
<br /> window shades,blinds,storm windows,awnings,heating,a�r condi2ioning,and plumbing and water equipment and accessories[hereto,pumps,stoves,
<br /> � � refrigeralors,and other fixtures xnd equipment now or hereafter attached to or used in co�viection with said real estate. . �
<br /> � �. And whereas the said mortgagor has agreed and does hereby agree Uiat the mortgagor shall and will pay all�taxes and assessments levied or .
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby befare the same shall become delinquent;[o furnislt xpproved
<br /> � insurance.upon the Uuildings on said premises situated in the sum of$ 28��DU.�� payable to said ASSOCIATION and to deliver to said�
<br /> � � � ASSOCtATION the policiesfor said insurance;and not to commit or permit any waste on or about said premises; � �
<br /> . � � !n case of default in the performance of any of the terms and conditions of[his mortgage or the bond secured hereby,tite mortgagee shall,
<br /> on demand,be entided to immedia[e possession oF the mortgaged premises and tlie mortgagor�hereby� assigns, transfers and seis over to the
<br /> � mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises snd renting
<br /> the�same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessaty
<br /> commissions and expenses.inwrred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be
<br /> � ���applied toward the discharge of said mortgage indebtedness;these righ:s af the no:tgagee may be oxerci,ed at any time during Ihe existence of such �
<br /> . .;. �� default,irrespective of any temporary waiver of the same. � � . . �'�
<br /> . These Presents,Mowever,xrz upon the Condition,Ttiac if the sxid Mortgagor shall repay said loan on or before the maturity of said shares by
<br /> paymeni;pay�monthly ro said�ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before
<br /> . the Twentieth day of each and every month,until said Wan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> � . � and[he Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ 2$,OOO.00� �payable
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at� � ��
<br /> . the mxximum legal rate thereon from date of paymenx all of which Mortgagor hereby agrees to pay;permit no was[e on said premises;keep and comply
<br /> �with all the.agreements and conditions of[he Bond for S 28 e 000•�� this day given by[he said Morigagor to said ASSOCIATION,and comply
<br /> . with all the�requirements of the Conscitution and By-Laws of said ASSOC1AT10N;then these presents shall become null and void,otherwise they
<br /> shall remain in full force and may be foreclosed at tlie option of the said ASSOCIATION after failure for three montlls to make any�of said
<br /> � . payments or be tnree munths in arrears in making said monUtly payments,ur to keep and comply wi[h the agceemen[s and conditions of said Bond;
<br /> and�Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. �
<br /> � � If there Ss any change in ownership af the real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness�hereby �
<br /> secured shall,at the oplion of The EquiTable 6uilding and Loan Associa[ion of Grand Island,Nebraska,become immediately due andpayah;e.without�
<br /> further notice,and the amount remaining due under said bond, and any oUier bond for any additiona]advances made thereunder,shall,from the
<br /> � date of exercise of said option,bear interest a[tlie maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said ,
<br /> - bond,and e.ny o�her bond for additionai advances,together with all smns paid by said The Equitable Building and Loan Association of Grand Island, . . � .
<br /> �. Nebraska for insurance,taxes arid assessments,and abstracting ez[ension chargas, with interest tl�ereon, from date of payment at the maximum
<br /> legal rate. � �
<br /> � � As provided in the Bond secured hereby,while this mortgage remains in affect the mortgagee may hereaf[er advance additional sums to the
<br /> � � inakers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originxlly
<br /> secured thereby,the total amount of principal debt nut to exceed at any time the original amount of this mortgage.
<br /> ea th�s Z7th. aay or June A.D.,i9 77
<br /> �-�e �i.�.� �� � � .��.�
<br /> ickie A. i a� Sheila T. Fila
<br /> STA1'E OF NEBRASKA,t ss. On this Z�tI7. day of �Utl2 19 �7 ,before me, �
<br /> COUNTY OF EiALL�
<br /> the unde si ned,a Notar Pu U in an for said County,per nall came � � � "�' ��
<br /> Ri cki e A. Fi l a and She il a T. Fi l a, each i n }��s and �er own �i g�� an� as spouse of"ea�Cn other, �� �d.�,,��
<br /> � . � � ' . . whn are personally known to � . � �*•
<br /> ..L. �,.� �� �� : ' . . � . . . . � . . . . . . . . .<p"',
<br /> me to be the identical persons whose name s are afCixed to the abo nstrument a mortgagors and they severalty ' `�,<
<br /> ' acknowledged the said instrumentao be thel r voluntary act and deed. �t��
<br /> ��'�^ WI NESS my hand a�d Notazial Seal the date aforesaid. \
<br /> ,� GFNf77A!!�TARY•�j,t�,rp1jjeL6slpn exp'aes � �
<br /> � .i�rrF�w n!.g�"t a '
<br /> MY�re�£xp.Nov:12,251N3 � . . � . � � � otary Public � � �
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