|
`,� , .�;,
<br /> -
<br /> �
<br /> � .� .. •
<br /> w
<br /> . �u.� �� �� � �--
<br /> . _�.H-
<br /> �_ �
<br /> 77-U04G141
<br /> MORTGACE
<br /> MORTGAGE LOAN NO. L ZZ,�4H
<br /> KNOWALLMENBYTHESEPRGSENTS:That Robert E. O.,wald and Opal J. Oswald, each in his and
<br /> � her own right and as spouse of each other,
<br /> <' _---_--^Mortgegor,_whether one or more,in consideration of the sum of ',
<br /> ' Thirty Seven Thousand and No/100-------- D�LLA�ts ;
<br /> loaned to said mortgagor 6y The Equitable Building and Loan Associati�nbf Grand Island,Nebraska,Mortgagee,upo❑ 3�0 shares of stock of
<br /> a : said ASSOCIATION,CediGcate No.L 22��4$ ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following ' '
<br /> � ' described zeat estate,situated in fiall County;Nebraska:
<br /> LOTS THIRTY-ONE (31) AND THIRTY-TWO (32), IN "REUTING'S
<br /> SECOND SUBDIVISION", BEING A PA&T OF THE SOUTHWEST QUARTER (SW4)
<br /> OF SECTTON TWENTY-FOUR (24), IN TOWNSHIP ELEVEN (11) NORTH,
<br /> ,' ; � �
<br /> RANGE TEN (10} WEST OF THE SIXTH P.M.
<br /> �
<br /> ,;
<br /> � � � .together with all the tenements,hereditaments and appurtenances thercunto belonging,including attached floor covecings,all window screens,
<br /> . �windpw shades,blinds,storm windows,awnings,lnea[ing,air conditioning,and plumbing and waterequipment and accessories thereto,pumps,stoves,�
<br /> refrigeratars,and o[her fixtures and equipment now or hereafter attached to or used in connection witli said real es[ate.
<br /> ��3 �� � �
<br /> ; � And whereas the said mortgagor has agreed and does hereby agree that die 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 shali become delinquent;to fumish approved �
<br /> d �� �.insurance.upon the buildings on said premises situated in the sum of$37����.U� payable to said ASSOCIATION and to deliver�to said -
<br /> � � ASSOC[ATION the policies foc said insurance;and not to commit or permit.any waste un or about said premises; � � � �
<br /> ;. �. . ��.!n cese of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee s}iall,�
<br /> .. � on demand;be entitled to�immediate possession of the mortgaged premises and the mo�tgagor hereby assigns, Yransfers and sets over��to the �
<br /> � � � ' mortgagee al!the rents,revenues and income to be derived from die moctgaged premises during such time as the mortgage indebtedness shall[emain
<br /> � t .� � unpaid;and!he mortgagee shall have the power to appoint any agent or agents i[ may desire.for the purpose of repairing�said ptemises and renting �
<br /> ��� �. . the same and collecting the.rents;revenues and income,and it may pay out of said income all expenses af repairing 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 /> �applied toward the disch�rgc�of said�mortgage inde6tedness;these rights of the mortgagee may be exercised at any time during the existence of such
<br /> � �� default,irrespective of any temporary waiver of[he same. � - � -� �
<br /> � � � �These Presents,however,are upon the Condition,'Tha[if the said Mortgagor shall repay.said loan on or before the maturity of said shazes by
<br /> � . �payment;pay monthly to said ASSOCIA7'ION of the surn specified in che�Bond secured hereby as interest and principal on saidloan,on or before
<br /> . � �the�7'weniieth day of each nnd every month,un[il said loan is fully paid;pay all taxes and assessmenxs levied against sud prem'rses and on this Mortgage �
<br /> � .and the Bond secured thereby,before delinquency;furnish approvzd insu.rance upon the buiidings thereon in tlie sum of S3]�QQQ.QQ payable �
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interesf at
<br /> �� � the maximum legal rate thereun from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> � with all the agreements vnd conditions of the Bond for$3�,�0�.�� . dtis day given by the said Mortgagor to sa3d ASSOCIATION,xnd comply
<br /> =.with all the requirements of the Constitution and By-iaws of said ASSOC1AT10N; then these presents shall become null and void,otherwise they
<br /> ;� � shali remain�in full.force and �may be forectosed at the option of the said ASSOCIATION ufter failure for thme months to make any of�.said� �
<br /> payments or be three months in arrears in making said monthly payments,or to keep and cumply with the agreements and conditions of said Bond; �
<br /> . . �and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings � �
<br /> If there is uny chxnge L�ownership of the real estate morigaged herein,by sale or otherwise,them the entire remaining indebtedness hereby
<br /> secured shall,�at the option of The Equitabte Building and Loan Association of Grand Is1and,Nebraska,become immediately due andpayable without� .
<br /> '�. � further notice,and the amounY remaining dve under said bond,and any other Uond for any additional advances made thereunder,shall,from the�
<br /> �k �� date of exercise of uid option,bear interest at the maximum legal rafe,and this mortgage may than be foreclosed to satisfy the amount due on said ��
<br /> . �� borid,und any other bond for additional advances,together with.all sums paid by said The Equitable Building and Loan�Auociation of Grand tsland,
<br /> Nebraska for insurance,taxes and assessments,and absiracting extension charges, with interest thereon, from data of payment at the maximum
<br /> legal rate.
<br /> � As provided in the�Bond secured hereby,while this mortgage remains in eflect the mortgagee may hereafter advxnce additional sums to�the �
<br /> .� tnakers of said Bond,their assigns or successors in interest,which sums shall be within ihe security of this mortgage the same as Yhe funds originally� �.
<br /> . �secured thereby,�the total amount of principa!debt not to exceed at any time the original amount of this mortgage. �.�
<br /> D�ed this �$'Ch �Y of Jul y -, A.n.,14]
<br /> // ���� ,�/
<br /> J��p�--�=(1%►i__rcx n �/ �f
<br /> ... / ..r�ii
<br /> Robert`E, Oswald �pa . Oswa��
<br /> STATE OF NEBRASKA, 5$. On this I$t�l day of Jul y 19�� ,before me,
<br /> COUNTY OF HALL� I " ,��; '
<br /> � � � � � � the undersigned,a Notary Public in and for said County,personally came � ny � � �
<br /> Robert E. flswald and Opal J. Oswa7d, each in his and her own right and as spouse of each � , �
<br /> , � O'��'3ep� � who dY,e personally known to ,�v,�
<br /> `g�v
<br /> mexo be the identicai person S wl �h�,�.�;4 affixed to ihe above instrument as mortgagor5 �d they severally '
<br /> �E rp'.
<br /> acknowledged the said instrument to b w���►� vgfoq�r t and deed.
<br /> 1ViTNESS my hand ��na�^��.�e�atg�o said. //"�J
<br /> hiy Coznmission ea es �� <')��ra� Sa>��,�„_ �.� ��� .{�,I
<br /> �;!,'��'.�x ;�°' —�� ��. �iL2l�-�
<br /> �x
<br /> b.i:�.�.. . . . . J�'_�F��` �g4+�,•'�� � � � � No[ary Public � � � � �
<br /> � � � }
<br /> f�'TF U€i`EEtS`��",,
<br /> �.!
<br />�
<br />
|