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<br /> MORTGAGE
<br /> MQRTGAGL LOAN N0. �ZZ7E>9
<br /> KNOW ALLMEN BY TH6SE PRESENTS:That Rl Cf1d!"CI �. Hd�(J1I12 and Sandra H. Hal pi ne, each i n hi s
<br /> � and her own right and as spouse of each other
<br /> � , � � �� � � � � ____Mortgagor_whether on_or more,in consideration of ihe sum of
<br /> Thirty Seven Thousand dtlC� NO�ZOO--------------- DOLLARS
<br /> ]oaned to said mortgagur by The F,quitabie Buildin�and Loan Association of Grand lsland,Nebraska,Mortgagee,upon 3�� shares of stock of
<br /> ����said ASSOCIATION,�Certificate Nu.L 22679 � ,do hereby grant, convey and mor[gage unto the said ASSOCIATION the following
<br /> � - described real estate,situated.in Hall County,Nebraska: � . � � �
<br /> LOT FTVE (5) ,'IN BLOCK ONE (1), IN "KAY-DEE SUBDIVISION", LOCATED ON PART OF ?HE
<br /> SOUTHWEST QUARTER OF THE SOUI'HWEST QUARTER (SWqSW4) OF SECTTON TWENTY-ONE (21),
<br /> IN TOWNSHIP EL'EVEN (11) NORTH, RANGE NTNE (9) WEST OF THE SIXTH P.M., IN HALL
<br /> C011NTY, NEBRASKA, EXCEPTING THEREFROM THAT PART THEREOF DESCRIBED AS FOLLOWS:
<br /> BEGINNING RT THE NQRTHEASi' Ct?RNER OF SAIQ LOT 5: TNENCE Rt1NNING SOUTHWESTERLY
<br /> ALONG ?HE EASTERLY LINE OF SAID LOT 5 A DISTANCE OF 87.4 FEET TO THE SOUTHEAS?
<br /> CORNER OF SAID LOT 5; THENCE RUNNING NORTHERLY AND PARALLEL TO THE WEST LINE OF
<br /> SAID LOT 5, A DISTANCE OF 100.95 FEET TO A POINT ON THE NORTHEASTERLY LINE OF
<br /> LOT 5, THENCE RUNNING SOUTHEASTERLY ALONG THE NORTHEASTERLY LINE OF LOT 5, A
<br /> DISTANCE OF 54.1 FEET TO THE POINT OF BEGINNING AND CONTAINING 2,361.81 SQUARE
<br /> FEET, MORE OR LESS.
<br /> y` �
<br /> logether with all tfte tenements,hereditaments and appurtenances thereunto betunging,including at[ached f7uor coverings,all window screens, . �
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and xccessories thereto,pumps,stoves, . .
<br /> ; refrigera[ors,and other fixtures and eyuipment now or hereal'ter attached to or used in connection wi[h said real estate. . �
<br /> And whereas the said mortgagor has agreed and does ltereby agree that the mortgagor shall and will pay all taxes and assessmentis levied or ��
<br /> � assessed upon said premises and upon[his mortgage and the bond secured thereby before the same shail become delinquent;tu furnish approved � �
<br /> insurance upon the buildings on said premises situated in the sum of S3]����.�� payable to said ASSOCIATION and to deliver to said �
<br /> ASSOC[ATION the policies for said insurance;and not to commit or permit any waste on or about said premises;
<br /> - In case of default in tl�e performance of any of the terms and conditions of this mortgage or tl�e bond secured hereby,[he mortgagee shall, .. �
<br /> on demand, be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets.uver to the � �
<br /> � � mortgagee all Uie ren[s,revenues and incorte to be derived from the mortgaged premises during such tune as the mortgage indebtedness shall�erttain
<br /> . ;� unpaid;and the mortgagee shail have the power to 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 pey out of said inco�ne all expenses of repairing said premises and necessary .. .
<br /> commissions�and expenses incurred in renting and managing the same and of colIecting ren[als therefrom; the batance remaining,if any,to be � � �
<br /> � applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the e�cistence of such � �
<br /> E� � . defaul[,irrespective of any temporary waiver of the same. � �
<br /> r � These Presen[s,however,are upon the Condition,That if the said Mortgagor shall repey said loan on or before Lhe maturity of'said shares by . . . �
<br /> . peyment;pay monthty to said ASSOCIATION of the surn specified in[he Bund secured hereby as interest and principal on said loan,on or beCore � - ��
<br /> . [he Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessmenis levied against said premises and on this Mortgage � � �
<br /> and the Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of S 37�QQQ.QQ payable �
<br /> . to sa.id ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid fur such taxes,assessments and insurance with incerest at � � - �
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<br /> the maximum legal rate titereon Crom date of payment all otwhich Mortgagor hereby agrees[o pay;parmit no waste on s•aid prernises;keep and comply .
<br /> with alt the agreements and conditions of the Bond£or� 3�����.QOtltis day given by the said hlortgagor to said ASSOCIAT[ON,and comply ,
<br /> � with all die requireinents of the Constitution and ByLaws of said ASSOCIAT[ON;then these presents shall become null and void,otherwise they - � . � . �
<br /> . shall remain in full force and may be foreclosed at[he option of the said ASSOCLATIUN after failure for three months to make any of said . � � �
<br /> payments or be three�months�in arrears in making said monthly payments,or to keep and comply 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 any change in ownership of the reai estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby � � ��
<br /> secured shall,a[the option of The Equitable Building and Loan Association of Grand lsland,Nebraska,become immediately due and payable without � . �� �
<br /> � - furthei notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the � �. � .� . �
<br /> . Jate uf exercise of said uption,bear interest at[he maximum legal rate,and this martgage may then be foreclosed to satisfy the amount due on said . � �� � � �.
<br /> . bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island, � � : .
<br /> .. . Nebraska�for insurance,taxes and assessinents,and abstracting extension charges, with interest thereon, from date of payment at [he maximum . � �
<br /> . legal rate. .� . � � � .. � � . �
<br /> � As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter adwance additional 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 /> � �j ; secuted diereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage. � � . � .
<br /> � /'�Da�a cn�s 3rd aay oe August n.D.,t9 ��
<br /> ;� . (/(�.�c.f��cc....��-. t�-�G9G1owt! , . .
<br /> �rc—hard—J., a pin .. -
<br /> c i.�.s r ..�•i;� ,{7/�`� ,,` _�---
<br /> Sandra H. Halpine „
<br /> STATE OF NEBRASKA,t ss. On this 3rd dav of /�U USt 19 ]] ,before me, �
<br /> COUNTY OF HALL S � 9 ��1 {..�
<br /> � �' . the undersigned,a No[ary Public in and for said County,personalfycame �
<br /> Richard J. Haipine and Sandra H. Halpine, each in his and her own ri ht and as s�ouse of ' � "�r"'
<br /> eacfi Ot�'1@1^ "°h� are pers nally known to � .T
<br /> � t�e�to be the�identical per �;���, , S d1"2 affix.ed to the above ins[runnent as mortgagor S and t}'ip,y severally � � ��� ', �
<br /> x.
<br /> acknowledged the said' ���et+t�q�g,�'»tti voluntacy act and deed.
<br /> . � WS rtly�Pia�n�Pnd 1�Gt$�i��1 the date aforesaid.� � , , �. � �, � �'_ �
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<br /> �s.isM xi � . . . �..••qUr � e.W9 . . . Notary Public .
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