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<br /> 77- U04�14 .
<br /> MORTGAGE �
<br /> MORTGAGE LOANNO. I 99757
<br /> � , KNOW ALL MEN BY THESE PRESENTSi That Arthur R. Goodwi n and Irene M. Goodwi n, each 1►1 hl S and her
<br /> own right and as spouse of each other,
<br /> Mortgagor,whether one or more,in consideratioa oF the sum of
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<br /> ^ ' _c=�..�.Tf�n�sc�nrl ant!�.PJn
<br /> ri„ ........,... I�OQ..__---�--'-----�-----�'-----------'----'---- _DOLLARS
<br /> ; �,��� „ ..,.,. . ... _.._ .._
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<br /> ' � loaned to said�mortgagor by The Equitable BuIlding and Loan Association of Grand Island,Nebraska,Mortgagee,upon. 360 shares of stock of� �
<br /> said ASSOCIATION,Certificate No.L 2275� ,do hereby grant, convey and mortgage unto the said P,SSOCIATION the following
<br /> �� desc[ibed real estate,�situated.in Hall County,Nebraska: � , .
<br /> LOT FCUR (4) , ALEXANDER SUBDIVISIOPd,
<br /> CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> �r ; �
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<br /> §� � � �together with. aU�the�teneinents,hereditaments and appunenances thereunto belonging,including at[ached floor coverings,all window screens,
<br /> . � window shades;blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> e � refrigerators,a�d other fixtures and equipment now or hereafter at[ached to or used in connec[ion with said real es[ate. � .�
<br /> }�� � . And whereas[he said mortgagor has ageed and does hereby agree tha[ the mortgagor shal! and will pay all taxes and assessments levied or
<br /> . �assessed upon said premises and upon dtis mortgage and the bond secu e,S� t f�r by efore the same shall become delinquent;to�furnish�approved
<br /> � � insurance upon the buildings on seid presises situa[ed in the sum of$ �O r�V�•�� payable to said ASSOGATION and [o deliver�to said
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<br /> � � � ASSOCIATION the policies for said insurxnce;and not to commit or permit any waste on or about said premises; . . �
<br /> . � � In case of defaul[in the performance of any of the terms and conditions of this mor[ga�e or the bond secured hereby,the mortgagee shall,
<br /> �� on demand,be entiUed to immediate possession of the mortgaged premises and the mortgagor hereby assigns, trxnsfers and sets over to the
<br /> 4 � .� mortgagee alt the rents,revenues and income to be derived from the mortgaged premises during such time as the mongage indebtedness shall remain �
<br /> � �.�� � unpaid;and the mortgagee shall have the power[o appoint any agent or agents it may desire for the purpose of repairing said premises and renting .
<br /> � the same and collecting the rents,revenues and income,and it may pay ou[ of said income all expenses of repairing said premises and necessary . -
<br /> commissions and expenses incurred in reating and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be
<br /> Y � � applied toward the discharge of said�mortgage indebtedness;these rights of the mortgagee may be exercised a[any time duzing the existence of such
<br /> ., A � default,irrespnc[ive of any temporary waiver oF[he same. � . � �.
<br /> � � These Presents,however,are upon the Condition,That if ihe said;Mortgagor shall repay said loan on or before the maturity of said shares by
<br /> .payment;pay monthly to said ASSOC(ATION of the sum speciGed in the Bond secured hereby as interest and principal on said loan,on or befare
<br /> � i� � � the Twentieth dxy of each and every month,until said loan is fully paid;pay alt taxes and assessments levied xgainst said premises and on this Mortgage. ..
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<br /> � and the�Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of$ 36. payable
<br /> �. � .. to�said ASSOCIATION;�repay to said ASSOCIATION upon�demand all money by it paid for such taxes,assessments and insurance with in[eres[at
<br /> ; the maximum legal ra[e 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 and conditions of the Bond for S 36>��Q.Q�this day given by the said Mor[gxgur to said ASSOCIATION,and comply
<br /> j � with all the requiremen[s of the Consiitution and ByLaws of said ASSOCIATION; then these presents shall become null and void,otherwise tEiey
<br /> � . ` shall remain in�full force and may be foreclosed at the option of the said ASSOCIATION efcer failure�fvr three months to make any of said
<br /> � paymenls or be three months in arrears in making said monthly payments,oc to keep and comply with Uie agreements and conditions of said Bond; , �
<br /> � . . and Mortgagar agrees[o have a receiver appointed forthwith in such foreclosure proceedings. �
<br /> � � If[here is any change in ownership of[he real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtadness hereby.
<br /> � secured shall,�a[ihe oplion of The Equitable Building and Loan Association of Grand Island,Nebraska,bewme immediately due and payable without
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,£rom the �� �
<br /> . �� ��.date,f exercise of said op[ion,bear interest at[he�maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said . .
<br /> bond,and any othec bond for addiiiona!adaances,together with all sums paid by said The Lquitable Building and Loan Association of Grand Island,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension charges, with interest thereon,from date of payment at the maximum
<br /> legal rate.
<br /> � . �As provided in the Bond secured hereby,while this mortgage remains in efFect the mortgagee may hereafter advance additiona!sums to the � � �. �
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds originally
<br /> secured thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br /> 1 ce c�s 2 th ' aay os July A.D.,i9 77
<br /> � �� �v�r"`�, �''� .ls"--'-r�C c"-a'-�'tJ
<br /> Arthur R. Goo n rene .��n...
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<br /> STATEOF NEBRASKA,� t
<br /> � COUNTY OF}iALL �� On this 26th day of �U�,y 197� ,before me,
<br /> � the undersigned,a Notary Public.in and for said County,personall came _ i '� � ;`s
<br /> Ar.thur R. Goodwin and Irene M. Goodwin, each in his and her own right and as spouse ofi each �y, �;��
<br /> � Ot}leY,� who d1'e personally known to �`
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<br /> �; me io be the identicat person S . whose name ���1��;,,;,�� the above instrument as mortgegor S and they severally ��
<br /> . . cl�f....y � M
<br /> acknowledged the said instrument to be thC'7 �"�^�qxn�uifit�iy�i A �
<br /> WITNESS my ttand and Not y§�ia4'the d,aio,afct(es'a�d1�"" /� 6 ���,/� ,>i
<br /> .. � MyCc+mmitsion�expiros i�d ;'7C .iv�y�s'N��S �} � f/� ��...... —./ �� � � -
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