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<br /> MORTGAGE
<br /> b10RTGAGE LOAN NO. L 22771
<br /> KNOW ALL MEN BY THESEPRESENTS:That Dorothy �. $UZ7 CIC, a si ngl e person
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<br /> ' � ���� ' � � � �� � � _Mortgagoc_whether one or more,in wnsideration of the sum of , �r . � .°
<br /> Fourteen Thousand and No/100---------------------- �oLLA�s
<br /> (oaned to said mortgagor by The Equitable Building and Loan Association of Grand lsland,Nebraska,Mortgagee,upon 140 shares of stock of
<br /> said ASSOGIATION,Certificate No. L 2Z�7� ,do hereby grant, convey and mortgage unto the said ASSOCiATION the following
<br /> � ��.described real estate,situated�in�Hall�County,.Nebraska: � � � . � . � � t :�`.
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<br /> LOT FOUR (A), BLOCK FORTY (40), IN RUSSELL WHEELER'S
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> � NEBRASKA.
<br /> . together wi[h ull the tenements,hereditaments and appurtenxnces thereunto belonging,including attached floor coverings,all window screens�,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,�
<br /> refrigerators,and other fixtures and equipment now tir hereafter at[ached to or used in connectiun with said real estate.
<br /> � �And whereas the said mortgagor has agreed and does hereby agree that the mortgago� shall and will pay all taxes and assessments levied or
<br /> � assessed upon said premises and upon this mortgage and the bond secaced thereby before[he same shall become delinquent;to furnish approved
<br /> insurance upon the buildings on said premises situated in the sum of$ 14�QQQ.Q� payable to said ASSOCIATION and to dnliver to said
<br /> � ASSOCIATION the policies for said insurance;and not to commil or permit any waste on or about szid prerttises; � �
<br /> In case oC default in the performance of any of the terms and conditions of this mortgage or ihe bond secured hereby,[he mortgagee�shall,
<br /> � on demand,be enticled to inxmediate possession of the mortgaged premises and the ntortgagor hereby assigns, [ransfers and sets wer to the
<br /> � mortgagee all the rents,revenues and income to be derived from the mort$aged premises during such time as the mortgage indebtedness shall remain
<br /> unpnid;and the mortgngee shall have the power to appoint any agent or agents it may desire for the purpuse of repairing said ptemises and renting
<br /> the same and collecting the renis,revenues and inwme,and it may pay out of s:tid income all expenses of repairing said�premises and necessary�
<br /> commissions and exprnses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,ro be
<br /> applied toward[he discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the sxistence of such'
<br /> � � default,irrespective o(any temporary waiver of the same. �
<br /> � � These�Presenis,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br /> �� payment;pay monttily to said ASSOC1AT10N of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before
<br /> � . the Twentieth day of each and every month,uatit said lonn is fully paid;pay a11 taxes and assessments levied against said premises and on Yhis Mort�age �
<br /> � � and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ jL(.����.QQ payable
<br /> to said ASSOC1AT10N;repay to said ASSOCIATION upon demand atl money by it paid for such taxes,assessments and insurance with interest at
<br /> � the maximum]egat rate thereon trom date uf payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and�comply
<br /> � � with all the agreements and conditions of the Sond for$ ZQ����Q.0� this day given by the said Mortgagor to said ASSOCIATION,and wmply _
<br /> � with all the requirements of the Cons•titution and By-Laws of said ASSOCtAT10N;then these presents shall become ttull and void,otherwise they
<br /> �shali remain in Cull force and may be foreclosed ai the option oP the said ASSOCtATION after failure for three months to make any o1'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; c
<br /> and M�rtgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.�
<br /> IC there is any change in ownership of[he real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby
<br /> . secured shall,at the option of The EquiYatile Building and Loan Association of Grand Island,Nebraska,become itnmediately due and payable without - �
<br /> � further 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 morigage may then be foredosed to satisfy the amount due on said
<br /> bond,and any other bond For additional advances,together with all sums paid by said The F.quitable Building and Loan Association of Grand]sland,
<br /> � Nebraska for insurance,ta�ces and assessments,and abstracting extension charges, with interest [hereon, Crom date of payment�a[the ma�cimam
<br /> �� � �legal rate.. � � �
<br /> As provided in the Bond secured hereby,while Uus mortgage remains in effect the mortgagee may hereafter advance additiona2 sitms to the
<br /> makers of.said Bond,Iheir assigns or successors m interest,which sums shall be within the security of this mortgage the same as the funds originally
<br /> secured thereby,the total amount of principat debt not to exceed at any cime the original amount of this mortgage. � �
<br /> bated this �5th. d�x °of AU�GUSt p p �y �7
<br /> �� � v,�' �� s��'".L '
<br /> pprothy L.w zick "��-�
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<br /> STATE OF NEBRASKA,� 5th AU US t 77 �
<br /> ss. On this day of 9 19 ,before me,
<br /> COUNTY OP HALL � .
<br /> � �� che undersigned,a Noxary Public in and(or said County,personally c:ame r�
<br /> Darothy l. Suzick, a-single person wno �S perso�auyxno�co ' s„ � ��" �
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<br /> ' � me to be the identical person� whose name< 1 S affixed to the above' umrnt a mortgagor and 5 h2 Xe14yr�• �t+��;
<br /> � � acknowtedged the said instrument to be� her� voluntary act and deed. �`�-.-+�"//� . �'��� �
<br /> � ... . .. .WfTNESS�mv hand and Notarial Seal the date aforesaid: .,- ,.� /� � � � *� M �
<br /> My ComRusswn expires '� �
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<br /> � ;--•-- _..,,._ otary Public
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