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<br /> 77".. UO���'7�
<br /> MORTGAGE
<br /> MORTGAGE LOAN N0. L ZZ,J�O
<br /> � � KNOW ALL MEN BY THESE PRESENTS:That ChdY'�2S Roger Noa kes and Joyce D. Noakes, each 1Il F11 S
<br /> and her own right and as spouse of each other
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> T11`LC�l�„Three,Thousand and NoJ100---------'------------------------------------------ DOLr.nfts'
<br /> � loaned to said mortgagoa,by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 33� shares of stock of
<br /> ��said ASSOCIATION�,Certificate No.L ���� 22��7� � �,do.hereby�grant, convey and mortgage unto the said�ASSOCIATION the�following. .
<br /> � �.'�described real.esta[e,situated in Hall County,Nebraska: � � � � � � � � � � � � � � � � � �.
<br /> LOT SEVENTEEN (17) IN SPELTS-SCHULTZ ADDITION
<br /> 4 TO THE CITY OF 6RAND ISLAND, HALL COUNTY, NEBRASKA
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<br /> � [ogether�with.all the tenements,hereditxments end appurtenances thereunto belonging,including attached floor covcrings,all window screens, .
<br /> � window shades,blinds,storm�windows,awliings,Iteating,air wnditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, �
<br /> - refrigerators,and o[her fixtures and equipment now or hereafter attached to or used in connection wi[h said real estate.
<br /> �And whereas the said mortgagor}ias agreed and does hereby agree [ha[ the mortgagor shall and will�pay all taxes and assessments levied or .
<br /> � assessed upon said premises and upon diis�mortgage and the bond secured thereby before the same shall become.delinquent;[o furnish approved �� �
<br /> �insurance upon�the buildings on said premises situated in the sum of$ 33,,000.�� payable to said AS50CIATION and to deliver�to said'� �
<br /> � �ASSOCIATION the policies for said insurance;and not to commit or permit any.waste on or about said premises; � � � �
<br /> � In�case of defaul[in the perfarmance of any of the terms and conditions of this mortgage or the bond secured hereby the mortgagee.shall, �
<br /> on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets uver m the
<br /> � � mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain�
<br /> � unpaid;and the mortgagee shaU have the power to appoint any agent or agents it may desire for tlie purpose of repairing said.premises and renting .
<br /> � � the same and collecting the renxs;revenues and income,and it mxy pay out of said income all expenses oC repairing said premises and necessary �
<br /> commissions and expenses incurred in renting and managing the same and of collecting ren[als therefrom; the balance remaining,if any,to be
<br /> . . � �applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee inay be exercised at any time during the e�cistence of such � .. �
<br /> default,irrespective of any lemporary waiver of the same. � � � � �
<br /> : These Presen[s,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or hefure lhe maturity of said shazes by
<br /> •-,j � � payment;pxy mon[hly[o said ASSOCIATION of the swn specified in the Bond secured hereby as interest and principal on said loan,on or before�
<br /> . .the Twen[ie[h day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on[his Mortgage �
<br /> � ' and the Bond secured thereby,beSore delinquency;furnish approved insurance upon the buildings theieon in the sum of$ 33��OQ.QQ payable
<br /> , � � to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and�insurance with interest at .
<br /> �� �� � the maximumlegal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply .
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<br /> . �with all the.agreements and conditions of the Bond for S 33����.���his day given by the said Mortgagor to said ASSOCIATION,and comply -
<br /> �� with all ihe requirements of the Constitution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwise they .
<br /> shall remair�in fulC force and may be foreclosed at the option of the said ASSOCLATION after failure for ihree months to make any of said
<br /> pxyments or be three months�in arrexrs in making said montlily payments,or to keep and comply with the agreements and conditions of said Bond; p � �
<br /> � and Mortgagor agrees to have a receivec appuinted forthwith in such foreclosure proceedinga � � � �
<br /> � � If there.is any change in ownership of the resl estate mortgaged herein,by sale or otherwise, then the entire remaining indebtedness hereby
<br /> � � secured�shall,at the option of The Equitxble Building and Loan Association of Grand Islxnd,Nebraska,become immediatety due andpayable without � � � -
<br /> . � fuRher notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the .. �
<br /> date of exercise of said option,bear interest at the maximum legal rate,and this mortgage may then be forectosed to satisfy the amount due on said� �
<br /> � .. bond,and any other bond for additionxl advances,together with ail sums paid by said The Equi[able Building and Loan Association of Grand Island, � �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extensiun charges, with interest thereon, Prom date of payment at the maximum
<br /> � � legal rata � � � � . � �
<br /> � � . � � �� � As provided in the Bond sewred hereby,while this rnort�age remains in effect the mortgagee may hereafter advance additional sums�to tlie .� �� �
<br /> . makers of sxid�Bond,their assigns or successors in interest,which sums shall be w;thin the security of this mortgage tl�e same�as the funds originally . � �
<br /> . � �secured thereby,tl�e total amount of principal debt not to exceed at any time the original amount oF this mor[gage. . �
<br /> ; Dacea cn,s 5th day of AU9USt A.D.,i9 77
<br /> a CC;.Ir(�('.11�l6C�ifi'�//���.�'-r,/'
<br /> C les Roger�Aloakea5 i
<br /> � �._�� .r � a�r-���..t"....zJ
<br /> �e D. Noakes
<br /> STATE OF NIEBRASKA, � On this 5th day of AUg ust 19 77 ,before me,
<br /> COUNTY OF}IALL}
<br /> � � � � �� � � . � � � the undersigned,a Notary Public in xnd for said County,personalty came� � � - � �'�' �
<br /> Chdr^9es Roger Noakes and akes, each in his and her own W�l�ht and a�,exs�8n���o��co �7.� � �`'
<br /> eacB otHer � LE�/ are I �, ;
<br /> me to be the identical pezsoe6 .`�qc�in4�f�fS;�••,d'W�: affixed to the above instrument as mortgagor S and 'Ch@y severally J '�
<br /> V
<br /> acknowladged the said instrumen �e:���A�1"Y�vql nt act and deed. �
<br /> WITNESS my �3 aAd��klit��th�e�ci orasai3. •
<br /> Y �' fxN�K� ;. �7e�� �%ll�f�,•�'-.�I .�/���ii�—,---'"
<br /> + M Commission 6sM`4�����l„� ,�'
<br /> G ��qC�w,�,
<br /> si.zu at `�lq�F QF ty��g�� Notary Public
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