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<br /> MORTCACE
<br /> MORTGAGE LOAN NO. I ZZ,735 Mf T('
<br /> I KNOW ALL MEN BY THESE PRESENTS:That ('�1 CfldO� J. f�ydll dllC� �UCj l th A. �/drl� 2dCh 1 t1 {11 S d11d
<br /> her own right and as spouse of each other,
<br /> �� � � � �Mortgagor,whether one or more,in consideration of Ute sum of
<br /> Twenty Two Thousand and No/100-----------------------------------------------
<br /> DOLLARS
<br /> � � Joaned to said�mnrtgagor by The Equitabie Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 22� shares of�stock of
<br /> said ASSOCIAT[ON,Certificate No.I.z2.735 MGI C ,cio hereby grant, convay and mortgage unto the said AS50CIATION the following
<br /> � � �.described real estate,situated in Nall County,Nebraska: � � �
<br /> LOT EIGHT (8) IN BLOCK TEN (10) OF
<br /> GILBERT'S ADDITION TO GRAND ISLA�'VD,
<br /> NEBRASKA.
<br /> � together with all the tenements, hereditaments and appurtenances Ihereunto belonging,including attached floot coverings, all window scteens,
<br /> � window shades,blinds,storm windows,awnings,heating,sir conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> refrigerators,and qther(ixtures and equiprnent ntiw or herealter at[ached to or used in connection with said real estate. �
<br /> . . A.nd whereas tUe said mortgagor has agreed and does hereby agree that 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 before the same shall become delinquent;to furnish approved�
<br /> insurance upon the buildings on said premises situated in the sum of$2`L.���.U� payable to said ASSOCIATION and tu deliver to said �
<br /> ASSOCIATION the�policies for said insurance;and not to wmmit or permit any waste on or�bout said premises; �
<br /> ln case.of dzfault in[he performance of any of the terms and conditions oC this mortgage or the bond secured hereby,the mortgagee sha(1, �
<br /> on demand,be entiUed to immediate possession of the mortgaged premises and the mortgagor hzreby assigns, transfers and sets over to ihe �
<br /> mortgagee all the rents,revenues xnd income[o be 3erived from the mortgaged premises during such time as the mortgage indeb[edness�shall remain �
<br /> r ? unpaid;and the mortgagee shall have the power to appoint any agent or agents ii may desire fur tlie purpose of repairing said premises and renting � � �
<br /> the same and collecting the rents,revenues and income,and it may pay out oC said income all expenses of rnpairing said.premises and necessary �
<br /> commissiuns and expenses incurred in renting and rnxnaging the same and of collecting rentals [herefrom; the balance.remaining,if any,to be .. �
<br /> applied toward the discharge of said mortgage indebiedness;these rights uf the mortgagee may be exercised at any time during the existence of such
<br /> def�ult,irzespective of any temporary waiver of Ihe same. .
<br /> � These Presents,however,are upon the Condition,That if lhe said Mortgagor st�atl repay said]oan on or b�fore the maturity of said shares 6y
<br /> payment;pay monthly to said ASSOCIATION uf the smn specified in the�on.d secured hereby as inierest and principal on said foan,on or before �
<br /> j . [he Twen[ietli day af each xnd every month,un[il s:,id luan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> and the Bond secured thereby,befoTe delinyuency;furnish approved insurance upon the buildings ihereon in the sum of S 22�QQQ.�Q payable � .
<br /> . to said ASSOCIATION;repay[o said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insursnce with interest at � �
<br /> Ihe maximum legal ra.te thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no wasie on said premises;keep and comply
<br /> with all tlie.agreements and conditions of the Bond for$ 22����.�0 this day given by Ihe said Martgagor to said ASSOCIATION,and comply � �
<br /> with all the requirements of the Cons[itution and By-Laws of said ASSOCIATION;lhen these presents shalt become nult and void,otherwise they � � � �
<br /> shall cemain in full force and may be foreclosed ac the option oF the said ASSOCIAT[ON afxer f'ailure for three months to make any of said � � � �
<br /> paymen[s or be three mnnths in arrears in making said monthly pxyments,or to keep and compiy wi[h the agreements and conditions of said Bond; � �
<br /> . and Morigagur agrees lo have a receivcr appointed forthwith in such Coreclosum proceedings. '� � � � .� . ��
<br /> � !f there is any change in ownership of the real estete mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby � � �
<br /> secuzed shall,at the option of The Equitable Building and Loan pssociation of Grand Island,Nebraska,6ecome immediately due and payable withou[ -
<br /> further notice,and xl�e amount remaining due under said bond,and any other bond for any additional advanres made thereunder,shall,frum the � � � � � ��
<br /> date of exercise of said op[ion,bear interest at the maximum legal rale,and this mortgage may then be foreclosed to satis('y the amount due on said � � �
<br /> - bond,and any other bond(or additiional advances,rogether with ail sums paid by said The Equitable�3uIlding and Luan Associa[ion of Grand lsland, � � �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extensiun charges, with interest thereon, from date of payment at the maximum
<br /> legal ra[e.
<br /> � As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the �
<br /> makers vf said$ond,their assigns or saccessors in interest,which sums shall be within the security of this mortgage the same as the funds originally
<br /> . secured thereby,the total amount af principai debt not to exceed at any time the original amount of this mortgage. � � ��� �
<br /> Dated this 8th dayof July ,a,�},i9 77 ,
<br /> /��(��- �.�i�o�-,,..i `,.,--�;ll_.C,��(- C.��- �,�# /',K
<br /> —P;�c ae . an Judith A. Ryan
<br /> STATE OF NEBRASKA,� ss. On this 8th day of July 19 7� ,before me,
<br /> COUNTY OF HALL (
<br /> the undersi ed,a Notar Public in and for said CouM `�
<br /> gn y y,personally came
<br /> MichaeT J. FZyan and Judith A. ftyan, each in his and her own right and as spouse of e3ch , � `� �
<br /> �0 t� �� � � �+'hO d P@ personally known to � � 'v�
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<br /> to��h�C�f� rson S whose rtame s are affixed to the above instrument as mortgagor S and tfl2y severally
<br /> thGi1^� . .. . . . ��,,�
<br /> ack�ot,�v6dd�e�tl�C�id i ment to be voluntary act and deed. -
<br /> �� ���` �IV�$'NE my hand and Notarial Seal the cia[e aforesaid_O � � > �
<br /> �, • � P:O;ARY . . . . ,'
<br /> COMMiSS10ANyZ 'ssionexpires j1'L �(
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<br /> 1��aF NEC`��S�� `�)
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