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<br /> MORTGACE
<br /> MORTGACE LOAN NO. L ZZ7�2
<br /> KNOWALLMENBYTHESEPRESENTS:That ChdY'18S F. McBride and Mary Ann McBride, each 7Il h15
<br /> {! and her own right and as spouse of each other,
<br /> � ' Mortgagor,whether one or more,in consideration of the sum of
<br /> � Eleven Thousand and No/100----------=-------------------------------------------- poLLaxs
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Istand,Nebraska,Mortgagee,upon 1 7 0 shares of stock of
<br /> j ' said ASSOCIATION,Certificafe No. L 22��2 ,do hereby grant, convey and mortgage unto the uid ASSOCIATION the following
<br /> : ' described real eslate,situated in Hal1 County,Nebraska:
<br /> ; THE 50UTHERLY ONE-THIRD (S. 1/3) OF LOTS
<br /> ONE (1) AND TWO (2j, IN BLOCK EIGHTEEN (18),
<br /> - IN SCHIMMER'S ADDITION TO THE CITY OF GRAND
<br /> } ISLAND, NEBRASKA.
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<br /> 3� �� together with all tlie tenements,heredi[aments and 3ppurtenances thereunto belonging,including attached Iloor 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 /> � � �tefrigeratprs;and other fixtures and equipment now or hereaFter attached to or used in connection with said real escate.. . . �
<br /> j And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wiil pay all taxes and assessments levied or
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby before the same sl�all become delinquent;to fumish approved
<br /> � insurance upon the buildings on said premises situated in the sum of 5�� 00� �n PaYable to said ASSOCIATION and io deliver to said
<br /> , 3 ASSOCIATIpN ihe policies for said insurance;and not to commit or permi4 any was�e on or abou[said premises; ,
<br /> �� In.case of default in the perfprmance�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 che mortgagor hereby assigns, transfers and sets over to the
<br /> mortgxgee all fhe rents,revenues and income to be derived from the mortgaged preinises during such time as che mortgage indebtedness shall remain
<br /> ��� unpaid;'and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and centing�
<br /> ihe same and collecting the rents,revenues and income,and it may pay out of uid income all expenses of repairing said premises and necessary
<br /> � commissions xnd expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if.ttny,to be
<br /> � applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such
<br /> � �defaul[,irrespective of any[emporary waiver of the same�. � �
<br /> � � These Presents,however,are upon thz Condition,Tha[iF[he said Mortgagor shall repay said]oan on or before the maturi[y uf said shares by��
<br /> � � �payment;pay monthly to said ASSOCIATION of the sum speci6ed in the Bond secured hereby as in[erest and principal on said loan,on or before �
<br /> � �� the Twentieth�day of each and every month,until said]oan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage'
<br /> ; and�the Bond secured thereby,before deGnquency;furnish approved insurance upon ihe buildings[hereon in the sum of 5 ��s���.�� 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 /> 4he maximum�legal rate thereon from date of paymen[all uf which Mortgagor hereby agrees tu pay;permit no waste on suid premises;keep artd wmply��;
<br /> � .. with all the�agreements and conditions of the Bond for b ���0��.�� this day given by the said Mortgagor to said ASSOCtAT10N,and comply
<br /> ��with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwise they
<br /> � ��shall iemain in fuil force�and may�be foreclosed at the option of the said ASSOCIATION after failure for [hree months to make any of said �
<br /> payments or be three months in arrears in making said monthly payments,or w keep and compiy wit}1 ilie xgreements and conditions�f said Bondt -
<br /> � � ��.and Mortgagor agrees tu have a receiver appointed for[hwith in such foreclosure proceedings. . �
<br /> (t there is any change in ownership of the real estate mortgaged herein,by sale or otherwise, then the entire remaining indebtedness hereby
<br /> � �secured shall,at the:option ofTlte Equitable Building and Loan Association of Grand 1sland,Nebraska,become immediately due and payable without � . .
<br /> further notice,and[he amoun[ remaining due under said bond,xnd any other bond Cor any additiona!advances made thereunder,shall,from the
<br /> �date�of�exercise of said option,bear interest at tlie maximum legal rate,and this mortgage may[hen be foreclosed to satisfy ihe ainount due on said
<br /> bond,and any other bond for additional advances,togethec with all sums paid by said The Equitable Building and Loan Association o(Grand Island,
<br /> Nebraska for insurance,tazes and assessments,and abstraccing extension charges, with interest thereon, from date of payment at the tnaximum
<br /> legal rate.
<br /> ���� As.provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additiona!sums[o[he �
<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 originrlly � �
<br /> ' .'securedShe by,.the total amount of principal debt no[to exceed at any time[he ociginal amount of this mortgage. �
<br /> $ i . 5th.
<br /> ; � ��/ aay or August n.n.,i9�� .�
<br /> � ."'_L �'�h�y� j/,�'' t�y��)6 f� f /^ .
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<br /> G" ` � � //l�'�'..l' 711.-j'?i''�7 ei/� �`( fiy G"'�
<br /> ' � Charles" F. McBride ry fj n McBri�e
<br /> STATE OF NEBRASKA,�ss. On this 5th day of J�U JUS$ 197� ,beforeme,
<br /> COUNTY OF 1�IALL F* r
<br /> tlte undersigned,a Notary Public in and for said County,personaliy came � s
<br /> ; Charles f. Mc6ride and Mary Ann McBride, each in his and her own ri aht and as s ouse of ;�� �
<br /> wifo pe�nally known m � �� ,
<br /> e _ are r`,�
<br /> � ci�be rsonS , whose nameS af1'ixed to the above instrument as mortgagor 5 and they severally
<br /> a� ....... �+ `�"".
<br /> �qoW�lOd�geQt�ts,�id trument to be th21 Y' 'voltmtary act and decd.
<br /> ;c� <'tVi,TNE my trand and Notariel5eal the date aforesaid. �
<br /> ' Ni77Ats.�+ . Q
<br /> �� COMt,AtSS101�'f. 9ss�ion expires �a-��ti� ���. �q p v�'. . . .� � `"� ''�^j �' .
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<br /> EXPIRES : .58�c3�
<br /> �O ( Notary Public
<br /> siy'tTt.�tp 31 �`;. 4 _ �
<br /> `''./' '•..•..:.• �j'C' . . . . . . � �..� . .
<br /> �'rF OF NE.��P
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