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<br /> �A
<br /> 77.U04304
<br /> MORTGAGE
<br /> � MORTGAGELOANNO. L ZL%6O MG1C `
<br /> � KNOW ALL MEN BY THESEPRESENTS:That Terrance L. Rose and Judy D. Rose, each i n hi s and her
<br /> � own right and as spause of each other
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> Thirty=Five Thousand and No/100----------=-----------------------------------------DOLLaxs
<br /> loaned t6 said mortgagor by The Equitable Building and Luan Association of Grand[sland,Nebraska,Mortgagce,upon $5Q shares of stock of
<br /> said ASSOCIATION,Certificate No:L - 22760 MfaI'C,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in HaII County,Nebraska:
<br /> TNE EASTERLY SIXTY-ONE FEET, (E 61') OF THE
<br /> WESTERLY SEVENTY-SEVEN FEET (W 77') OF LOT
<br /> TWO (2), BLOGK ONE (1) , IN WESTERHOFF'S
<br /> FIRST SUBDIVISION, HALL COUTNY, NEBRASKA.
<br /> ,
<br /> . together�with all the tenements,hereditaments and appurtenances thereuntu belonging,including attached floor coverings,all window screens,
<br /> . �window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, _
<br /> +' . refrigerators,and otlier fixtures and eyuipment now or hereafter attached to or used in connection with said real estate. � . �
<br /> � �. � And whereas[he said mortgagor Itas agreed and does hereby agree that the murtgagor shall and will pay all [axes and assessments levied or
<br /> assessed upon said premises and upon this mortgage and lhe bond secured thereby before the same shall become delinquent;to furnish approved
<br /> � insurance upon the buildings on said preinises situated in[he sum of$ 3��f1(J�.�� payable to safd ASSOCfATION ard to dziiver tc said
<br /> � � � � ASSqC1ATlON the policies for said insurance;and not to commit or permit any waste on or about said premises, �
<br /> �,;� �� � In case of defaulf in the perCormance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee�shall,
<br /> � �� on demand,be en[itled to immediate possession of the mortgaged premises and Lhe mortgagur hereby assigns, transfers and sets over to the
<br /> � mortgxgee�all the rents,.revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shatl remain
<br /> ����unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repa'uing said premises and ren[ing
<br /> ' .�t$e same and coltecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary
<br /> ! � commissions and expenses incurred in renting�end managing the same�and of collecting rentals therefrom; the balance remaining,if any,�to be
<br /> . �. applied toward the dischatge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such
<br /> . � default,irrespective of any temporary waiver of[he same. � �
<br /> � � These Presen[s,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br /> - � payment;pay monthly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before
<br /> �the Twentietli dxy of each and every month,until said loan is fully paid;pay ail taxes and assessments levied against sxid premises and on this Mortgage
<br /> and.lhe Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ 35����.�� payahle
<br /> � � � to said ASSOC[ATION;repay ta said ASSOCIATION upon demand all money by it p�id for such taxes,assessments and insurance with interest at
<br /> � the maximum legal rate thereon From date of payment all of which Mor[gagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> wi[h�atl the agreements and conditions oC the Bond for 5 35 ���.�� this day�given by[he said btortgagur to seid ASSOCIATION,and comply
<br /> � � . with all the requirements of[he Constitution and By-Laws o4�said ASSOClAT10N;then these presents shall become null and void,otherwise they
<br /> � shali remain in full force and may be foreclosed at the option of the suid ASSOCIATION after failure fqr tluee months to make any of said
<br /> �payments or be three montlu in arrears in making said monthly payments,or lo keep and comply with the agreements and conditions of said Bond; y .
<br /> � � � �and Mortgagor agree�to have a receiver appoinked forthwith in such foreclosure proceedings. .
<br /> � If there is any changein ownership ofthe real esta[e mortgaged herein, by sa.le or otherwise,then the entire remaining indeb[edness hereby �.
<br /> . � � secured�shall,ai the option of The.Gquitable Building and Loan Association of Crand Island,Nebraska,become irnmediately due and payabte without
<br /> � furiher notice,and the xmount rerttaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the .
<br /> � date of exercise of said op[ion,bear interest at the mazimum Iegal rate,and this mortgage may then be foreclosed to satisfy the amount due on said : .�
<br /> � bond,and any,other bond for additional advances,together with aA sums paid by said The Equita6le Builcling end Loan Association of Grand islxnd,
<br /> � Nebraska far 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 sewred hereby,while this mortgage remains in effect tlie mortgagee may hereafter advance additional sums t4 the
<br /> � �� makers ot 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 /> secure�l there6y,tfie total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br /> Dated this 27th day of �U�y A.D.,197�
<br /> ��,,2 2,,-=--�--
<br /> a�e O5
<br /> udy;D. Rose
<br /> STATE OF NEBRASKA,j ss. On this 2�tfl day of �U�y 19�� ,before me,
<br /> C013NTY OF HALL� , �
<br /> � �� �� � ��the undersigned,a Notary Public in and for said County,personaity came . � n *�! .
<br /> Terrdnce L. Rose end Judy-D. Rose each in his and her own right and as ��$use of e�ch other � ", ,�r� :
<br /> ��� �., ... . . . � . � whu personal y known to f ��,
<br /> �
<br /> sne to be the identical persor& whose name 5 dre affixed to the abo strument as ottgagor g �d they �"t��Y ''�*�`a
<br /> acknowledged the said instrument to be thel r voluntary act and deed. � ''�
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<br /> W[TNESS my hand end Natarial Seal the date aPnreuid. - f ,
<br /> � � /�.'.�
<br /> b.y C�mmission expires � � � ��,�� j/� t__�
<br /> � „�._w,,._.___._._.. ..._V_._ �
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