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<br /> �� !?C�381�
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. �- ' MGI C
<br /> KNOWALLMENBYTHESEPRESENTS:That SUSdtI S. Christensen, d single person
<br /> (. _
<br /> � � � .Mortgagor,whe[her onebr more,in consideration of the sum of�
<br /> Thirty-one Thousand Five Hundred and No/1D0------------------------------------- �LtnRs
<br /> loaned to said mortgagor byThe Equitable Building and Loan Associatic�n of Grand Island,Nebraska,Martgagee,upon 37 5 shazes of siock of
<br /> said ASSOCIATION, Certificate Na L 22,73$ MGI C,do hereby grxnt, convey and mortgage unto the said ASSOCIATiON the following
<br /> dascribed real estate,situated in Hall County,Nebraska:
<br /> � ',
<br /> � ; :
<br /> LOT EIGHT (8) IN FRACl'IONAL BLOCK SEVEN (7)
<br /> OF WOOaBINE ADDITION TO THE CITY OF GRAND
<br /> � f ISLAND, NEBRASKA.
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<br /> ° � together with ait the tenernents,hereditaments and appurtenances theraunto belonging, including attached floor coverings,atl window screens,
<br /> ' � winduw shades,blinds,storm windows,awnings,heating,air conditioning,an3 plumbing and water equipment and accessories t!'iereto,pumps,stoves,
<br /> ,�3 � � .refrigerators,and other fixtures xnd equipment now or hereafier attached to or used in comiection with said real esta[e. �
<br /> 4 � � �� � And whereas the said mor[gagor has agreed and does hereby agree that the mortgagor shall and wi❑ pay alt taxes and assessments levied ur .
<br /> i assessed upon said premises and upun this mor[gage and the bond secured thereby before the same shall become delinquent;to furnish approved
<br /> � insurance upon the buildings on said premises situated in the swn of S 3��50�.�� payabie to said ASSOCIATiON and to deliver to said
<br /> .� ASSOCIATIUN the policies for said insurance;and no[to commit or permit any waste on or about saiJ premises, � �
<br /> � . � In case of default in the performance of any of the terms and condi[ions of this mortgage ar ihe bond secured here6y,tlie mortgagee�shell,
<br /> on demand,be entitled to immediate possession of the mortgaged premises and the rnortgagor hereby assigns, transfers and sets over to the
<br /> `� � � mortgagee aIl the tenfs,revenues and income to be derived from the mortgaged prernises during such time as the mortgage lndebtedness shall remein
<br /> � � � unpaid;�and�the mortgagee shall have tlie power to appoint any.agent or agents it may desire for tl�e purpose of repairing said premises and renting �
<br /> � . � [he�same and collecting the rents,revenues and income,and it may pay out of said income all expenses of tepairing said premises and necessary �
<br /> commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining, if any,to�be
<br /> .agp�:td toward Ute dischx5ge of said mortgage indebtedness;these rights oC the mortgagee may be exercised at any time during the existence of such
<br /> �default,iaespective of any temporury waiver of the$ame. �
<br /> '� � These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan un or 6efo[e the maturity of said shares by
<br /> . �payment;pxy mon[hiy to said ASSOCIATION�of the sum specified in the 6ond s�cured hereUy as in[erest and principal on said loan,on or before �
<br /> . the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied againsi said premises and on this Mor[gage .
<br /> � and the Bond secured thereby;before delinquency;fumish approved insurance upon the buIldings thereon in the sum of 5 3� �SQQ.QQ payable �
<br /> � � to�said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid For such taxes,assessments;�nd insurance�with interest at �
<br /> � � . . tha maximum tegal rate thereon from date of payment all uf which Mortgagor hereby agrees tu pay;permit no waste on said premises;keep and comply �
<br /> s �. . � with xll the agreements and conditions of the Bond for$ 3� �5�fl.QO this day given by the said Morigagor to said ASSOCIATION,and wmply �
<br /> � with alt the requirements of the Consiitution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwise they ..
<br /> shall remain in�full force and may he foreclosed at the option of the said ASSOC:IATION aher (ailure for three months to make any of said � � � ��
<br /> payments or be[hree months in arrears in making said monthly puymer_ts,or to keep and comply with the agreements and conditions of said Bond; � � � � � �
<br /> j�.� ��. and Mortgagor.agrees to have a receiver xppointed forthwith in such foreclosure proceedings. � � � � �
<br /> ' If[here is any change in ownership of the real estate martgagad.herein,by sale or otherwise,then the entire remauiing indebtedness hereby . �� �
<br /> secured sha11,at the option of The Equitable Huilding and Loan Association of Grand Island,Nebraska,bewme immadiately due and payable without
<br /> � further notice,xnd the amount reinainin�due under�said bond,and any other bond for any additionai advances made thereunder,shall,from the � � � �
<br /> � ��date of exercise of said option,bear interest at the maximum fegal rate,xnd this mortgage may then be foreclosed to satisfy the amount due on said � �
<br /> 'Y . ��bond,and any other bond for addi[ional advances,together wiUi all sums paid by said The Equitabie Building and Loan Association of Grand Island, �
<br /> ? Nebraska for insurance,ta�ces and assessments,and abstracting extension charges, with interest thereon, from date oF payment a[ the ma�cimum � � - � �
<br /> legul tate.
<br /> As provided in the Bond secured hereby,while this mortgage remxins in effect the mortgagee may hereafter advance additional sums ro the � � � �
<br /> � makers of said Bond,their assigns or sssceessors in interest,which sums shall be wiihin[he security of this mortgage the same as the funds originally � ' � � �
<br /> � �.��sewred thereby,the total amount of principal deb[not to exceed at any time the original amount ot this mortgage. � �� � � �
<br /> .k��thi� �t day of Jll�,� A.D.,19 ]]
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<br /> . K� �i F .�7 l'r�-s-r � .
<br /> Susan S. Christensen
<br /> a STATE OF NEBRASKA,�ss. On this $th ,
<br /> COUNTY OF HALL day of aJU�y 19 7� ,before me, �
<br /> � the undersigned,a No[ary Public in and for said Coun[y,personally came '�" 3°��
<br /> ' ` �t4 $. Christensen, a single person N,1�� 15 personallyknownto 3 ' �,?r.
<br /> �' N• ��Fq ',; 7
<br /> t�(�'�ie B1�{,�qt�er whose name 7 S affixed to the above instrumen�as mortgagor and S h2 X9L1(diII)K , ' ��"
<br /> � ds�fi6+ledged the��9�nstr ent to be �1e1" voluntary act and deed. �"
<br /> i � NOTARY � � �
<br /> �= CCMM355i�11T�� Y hand and Notarial Seal the date aforesaid. �.
<br /> :� p EXPir2e,��gm ion expaes�'�. '� . . . . 1 �.^ �f .
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<br /> �`�FOF�E���F�
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