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<br /> � ���, �J�3'763 �
<br /> MORTGAGE
<br /> MORTGAGE LOAN Np.L 22 a 732
<br /> KNOWALLMENBYTHESEPRESGNTS:That MdY'9dP0'C Patricia Cahalane, a single P2Y'SOt1
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<br /> Mortgagor,whether onenr more_in consideration of the sum of
<br /> One Thousand Six Hundred and No/100 -------------- -------------- ----------- -
<br /> ; , �� �DOLLARS� � '
<br /> loaned to said mortgagor by The Equitable Building and Loxn Association of Crand Island,Nebraska,Mortgagee,upon �6 shares of stock of
<br /> said ASSOClATION,Certiflcate N�.L 22-7�2 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,'P1e raska:
<br /> LOT SIX (6), IN BLOCK FOUR (4), IN THE '
<br /> ORIGINAL TOWN, NOW CITY OF GRAND ISLAND,
<br /> NEBt�ASKA.
<br /> � together with all [he tenements,hereditamen[s and appurtenances thereunto belonging,including attaclted floor coverings,all window screens,
<br /> window shades,blinds,storm windows,awnings,heating,air cunditioning,and plwnbing and water equipmen[and accessories thereto,pumps,stoves,
<br /> �refrigerators,und other fixtures and equipment now or hereafter attached to or used in connection with said real estata. � �
<br /> And whereas the said mortgagor lias agreed and does hereby agree cliat the mortgagor shall and wil]pay aLl taxes and assessments levicd or
<br /> assessed upon said premises and upon this murtgage and the bond secuied thereby before [he same shail become delinquent;to furnish approved
<br /> . � . insurance upon the buildings on said premises situated in the sum of$� �6Q�.�� payable to said qSSUCIATIQN and to deliver to said
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or ubout said premises; .
<br /> � In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shail,
<br /> on demand, be entitled xo immediate possession of[he mortgaged premises and the mortgagor hereby assigns, transfers and sets over to [he
<br /> �� � mortgagee aA the rents,revenues and income to be derived from the mortgaged premises during such time as die mortgage indebtedness shall remain �
<br /> . unpaid;and the mortgagee shall have the power to appuint any agent or agents it may desire for the purpose of repairing said premises.and renting � �
<br /> f� ihe.same and collecting the rents,revenues and income,and i[may pay out of said income all expenses of repairing said premises and necessary �
<br /> .. commissions�and expenses incurred in renting�nd managing[he same and of collecting rentals therefrom; the balance remaining,if any,to be
<br /> .applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time�during the e�cistence of such �
<br /> default,irrespective of'any temporary waiver of the same.
<br /> 'i� .� These Presents,however,are upon the Condition,That if the said Murtgagor shall repay said loan on or before the maturity of said shares by
<br /> � paymen4 pay monthly to said ASSOCfAT10N of the sum specified in the Aond secured her�by as interest and prfncipal on said loan;on or before
<br /> � the Twentieth day of each and every month,until said loan is fully paid;pay all[axes and assessments levied against sxid premises and on[his Mortgxge.
<br /> . and the Bond secured thereby,before delinquency;fumish xpproved insurance upon the buildings thereon in[he sum of$��600.00 � payable
<br /> . to said ASSOC:ATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interes£at
<br /> the mxximum legal rate ehereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said pretnises;keap and comply
<br /> � � wi[h all the egreements and conditions of the Bond for���6��.�� [his day given by the said�lortgagor to uid ASSOCIATION,and comply
<br /> � � wiih aU the requirements of the Constitution and By-Laws cf said ASSOCIATION;then these presents shall become null and void,othenvise they �
<br /> sha11 remain in full force xnd may be foreclosed at the option of the said ASSOCIATION after failure fbr three months to make any of said ��
<br /> � payments�or be three months in arrears in making said monthly payments,or to keep and comply with the agreemen[s and conditions of said Bond; � �
<br /> and Mortgagor agYees to have a receiver appointed forthwith in such forectosure proceedings. ' � � . .
<br /> � If there is nny change in ownership of the real esta[e mortgaged herein,by sale or otherwise,then xhe entire remaining indebtedness hereby �
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand[sland,Nebraska,become immediately due and payable witliout � �
<br /> further nn[ice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shail,from the
<br /> � date of exercise of said option,bear interest at the maximum]egal rate,and this mortgage may then be Coreclosed to satisFy the amount due on said . �
<br /> bond,and any other bond for additiona!advances,together with all sums paid by said The Gquitable Building and Loan Association of Grand Island, � �� � �
<br /> Nebraska for insurance,taxes and assessments,and aUstraeting extensiun charges, with interest thereon, from date of payment ae the ma�cimum
<br /> legal rate. � .. �� . .
<br /> As prnvided in the Bond secured liereby,while this mortgage remains in eCfect the mortgagee may hereafter advance additional sums to the
<br /> makers.oC said Bond,their assigns or successors in interest,which sunts sha11 be within the security of this mortgage the same as the funds originally � .
<br /> i secured thereby,the total amount of principai debt not to exceed at any time the original amount of this mortgage.
<br /> � Dated this � ]th d�of JU�yA.D.,19]] � . .. .
<br /> d��.�1.2h1� cT�11 � �L
<br /> Mdrga t Fatricia ana ane
<br /> ' ¢ STATE OF NEBRASICA,��, pn this J CFl day of JU�J� 19 �7 ,before me, �
<br /> CO[7NTY QF HALL
<br /> tthe undersigned,a Notary Public in and for said County,personally came � � ' ",�,
<br /> Margaret Patricia Cahalane,' a Sl�`"�lc,��,{711 who �S personallyknownto rt� � �
<br /> f✓"';x L ��;o:�
<br /> � me to be the identical persan whose na � ',J•S•E r.pffl�e'�u the above instrument as mortgagor and S f12 �cKe��Y. „��
<br /> acknowledged the said instrument to be h t� Wolunta�afA sn�'Naped, u�'�
<br /> '� WiTNESS my hand and No na��eal ttfd Qataaforess� � /'�,
<br /> �,_.,/� ;� � J �
<br /> ' � .. h1y Commissiun expires �f��I Ks2.�l'4"'�:. �� /' '� rA✓�yi'. .�-�..�{ !7 .i.> : ,�i'��� .... -
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<br /> si.ztanl JT,y''F I �.,; ,Q2, r� NotaryPubl�c
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