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<br /> tv1ARTGA�F �
<br /> : MqRTGACE LOAN N0. �Z�756 ___ _ ,_-_,__
<br /> � KNOWALLMENBYTHL'SEPRESENTS:That Arthur R. Goodwin and Irene M. Goodwin, each 111 his and
<br /> her own right and as spouse of each other
<br /> � Mortgagor,whether one or more,in consideration of the sum of
<br /> Thirty-Five Thousand And NO/IOO----^----------------------------'--------"------' DpLLARS
<br /> loaned to said mor[gagor by The Gquitabte Buitding and�Loan Association of Grand Island,Nebraska,Mortgagee,upon 350 shams of stock of ��
<br /> � � � said ASSOCIATION, Certificate No.L 22s7'�J6 ,do liereby gran[, convey and mortgage un[o the said ASSOCIATION the following - �
<br /> � described real estate,situated in Hall County,Nebraska: � � .� ,
<br /> LOT ONE (1) , ALEXANDER SECOND SUBDIVISION, BEING
<br /> A REPLAT OF LOT TNRFE (3), ALEXANDER SUBDIVISION,
<br /> IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> togeUier with all the tenements,hereditaments and appurtenances diereunto belonging,including �ttached t7our coverings, all window screens, � �. -
<br /> window sh�ades,blinds,storm windows,awnings,heating,air conditioning,and pluinbing and water equipment and xccessories thereto,pumps,stoves, � � �
<br /> refrigerators,and otlier fixtures and equipment now or liereafter aitached to or used in connection wieL said real estatc. : �
<br /> And whereas the 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 Ihis mortgage and the bond secured thereby beCarc the sume shall become delinquent;to furnish appruved . �. . .
<br /> insurance upon the buildings on said premises situated in the sum of S 35. OnO.00 Payabla to seid ASS(X:IATION and to delivnr to said . .. . .
<br /> ��' ASSOCIATION the policies for said insurance;and not ro commit or permit'any waste on or about said premises; � � �
<br /> � In case of dcCuult in the performance of any of the terms and conditions oC this mortgage or the bond secured hereby,the mortgagee shaR, .
<br /> . on demand,be en[itled to immediate possession of the mortgaged premises and the mortgagm� Lereby assigns, transfers and sets ovar [o the : � �
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<br /> : mortgagee all the rents,revenues and income to be denved from[he mortgaged premises durin�;such time as the morteaae indebrednec��hali�ProH�+, __
<br /> � ur�y�,o.���., .��..,,.,,.a�e���••--���-•-•^-r-•�-••---r�-�••••�••,�n�••��•�s�,�•, �� ��,ay ��sirr �or me purpuse oI repairing said premises and renting � .
<br /> the same and collecting ihe rents,revenues and incorne,and it may pay out of said income all expenses of repairing said premises and necessary ,. �
<br /> commissions and expenses incurred in renting and rnanaging ihe same and of collecting rent�ls therefrom; the batance remaining, if any,to be � �
<br /> � applied toward tlte discharge ef said mortgege indebtedness;these rights of the mortgagee muy be exerciud at any tiine during the existence of such .
<br /> default,irrespeceive of any temporary waiver of the same. . ..
<br /> These Presents,however,are upon the Cundition,That if Ihe said Mortgagur shall repay sxid luan on or before the maturity of said shures by � � �.
<br /> � payment;pay monthly to said ASSOCIATION of thc sum specif'ied in the IIond secured hereby as inteiest and principal on said loan,on or before � � �
<br /> . Ihe Twentieth dxy of each and every mon[h,u..::l;nid luun is fully paid;pay all taxes ttnd assessments levied against said premises and on this b9ortgage , � �
<br /> and the Bond secured thereby,before delinquency;Pumish approved insurance upon ihe buildings thereon in Uie sum of'S35.���.�� p�yable ��� � . � ��
<br /> to seid ASSOGATION;repay to said ASSOCIA7'ION upon demand all money by it paid for such txxes,assessments and insurance with interest at - � �
<br /> the mxximum legal rate thereon from date of payment xll of which Mortgegor hereby agreea to pay;permit no waste on said premises;keep and comply � .
<br /> with all the agreements and conditions of the 13und for S 3 5 OOO.OO �his day given by the said Mortgagor to snid ASSOCIATION,and comply � � � �� � � �
<br /> with ali the requirements uf[he Constitution and By-Laws o�said ASSOCIATION; Ihen these presents shall become null and void,otherwise they ' .�
<br /> shrll remain in full force and may be foreclosed at the option of the said ASSOCIATIOh after fnilure for three monU�s to make any oF said , . � .
<br /> , payments or be three monUis in arrears in making said monthly payments,or to keep and cumply with the agreements and conditions of said Bond; ' � . . � . ,�
<br /> �-':� and Mortgagw agrees to have s receiver appointed forthwith in such foreclosure proceedings. . ,.
<br /> � lf'It�ere is any change in ownership of the real estate mortgagcd herein,by sale or otherwise,then the entire remaining indebtedness hereby � . � � � �
<br /> secured sliall,at the option of 1'he Equitable Building and Loxn Association of Grand Island,Nebraska,become immedia[ely due and payable without � � . �. �
<br /> further notice,and the amount remaining due under said bond, and any other bond for any additionel advances made diereunder,shall,from the . � �
<br /> date of exeroise of said option,bear interest at the maximum legxl rate,and this mortgage may then be fureclosed to satisfy the a�nount due on said . �
<br /> bond,and any other 6ond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island, � �. �
<br /> NebrasS:a for insurance,taxes and assessments•,and abstracting ex[ension charges, with interest thereon,$om date of payment at the maximum � �
<br /> � legal rate. � � . �
<br /> ' qs prnvSded in the Bond secured hereby,while[his mortga�e remains in effect the mortgagee may hereafter advance additional smns ta the � . � � � ��
<br /> � -. makers of said Bond,their assigns or successors in intemst,which sums shall be wixhin the security of this mortgage the same as the funds originally �
<br /> � secured ihereby,�the total amount of principal debt nut to exceed a[any time the original amount of this mortgage. � � �
<br /> /" � ed this Z�h day of �U�y A.D.,19��
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<br /> C ��tT.>'i4",e�"�i.tT e—L
<br /> Ar�,h�r R. Good�n
<br /> y�/` i.,,.�.r `��?J�bl . m..-�.�9itt��/
<br /> Irene M. Goodwin ,
<br /> STATE OF NEBRASKA, � On this 26th day of J uly 19 ]] ,before me, 1
<br /> COUNTY OF HALL� • �"
<br /> . � tha undeisigned,a Natary Public in and fur said County,personaily cacne �y�,� .
<br /> Arthur R. Goodwin a�d Irene M oodwin, each in his and her own ri�� a��eas ��}�yQ,foWaz� � �i'r
<br /> �, eacfi otfier � �. C��, �
<br /> .� me to be.the identical person 5 �,II�eS.; �T" � affixed to Ihe above ins[rument as mortgagor g and they severaliy �., +�` y
<br /> f�•.�
<br /> acknowledged the said ins[rument t � �`�t�l�'�I p` �7�ur�t't, ac[and deed. .
<br />'�` �iRTNESS my hai7�ah�13ojgS�a1,$e�}the'�afe�oresaid. �� ,� .
<br /> My Commission puog C� � =�I�� � --�' 1% /!'"T "
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<br /> � � � � " t; Notary Public
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