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<br /> 77 t����23
<br /> MORTGAGF,
<br /> MORTGAGE LOAN NO.L 22�8�
<br /> � KNOW ALLMEN BY THESE PRESENTS:That ��d01Ti7 R. Rueb 600d and Jackson J. Good, her husband�
<br /> ;
<br /> � � � � � � � � � Mor[gagor,whethet one or more,in.consideration of the sum of.
<br /> Thirt.v Four Thousand Four Hundred and No/100-------------------------------------�Ltaizs
<br /> loaned jo said mortgagor by The Equitable Building and l.oan Association of Grand[sland,Nebraska,Moztgagee,upon 344 shares of stock of
<br /> said ASSOCIATION, Certiflcatc No. L 22�8� ,do he[eby grant,comey and mortgage unto the said ASSOCIATIOIV the following
<br /> desoribed real estate,situated in Hall County,Nebraska:
<br /> LOT EIGHT (8), IN AMENDED BLOCK SIX (6),
<br /> + CONTINENTAL GARDENS, AN ADDITION TO THE
<br /> CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
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<br /> � together wi[h all the tenements,hereditaments and appurtenances thereunto belonging, including attached t7oor coverings,all window screens,
<br /> ` window shades,blinds,storm windows,awnings,lieating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,sxoves, �
<br /> ; � � refrigerators,and other Cixtures and equipment.now or hereafter attaclied to or used in connection with said real estate. �
<br /> �� �. � And whereas the said mortgagor has agreed and does hereby agree Ihat the mortgagor shail and will pay all taxes and assessments levied or
<br /> �:. � assessed�upon said premises and upon this mortgage anclthe bond secured thereby before the same sha(1 become delinquent;to furnish approved � �
<br /> insurance upon the buildings on said premises situated in the sum of$ 34,4OO.OO � payable to said ASSOCIATION and to deliver to said
<br /> j . �ASSOC;IATION the policies For said insurazzce;and not[o commit or permit any was[e on or about said premises; . '
<br /> � In case of default in[he perfornlance of any of the terms and conditions of this mortgage or the 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 over to the
<br /> ` � � �mortgagee all the�ren[s,revenues and income to be derived from the mor[gaged premises during such[ime as the 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 renting �
<br /> j. � .the�same and collecting[he ren[s,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessazy
<br /> � � �� commissions�and expenses incurred in renting and managing the same and of collecting rentals therefrom;�the balance remaining,if any,to be � .
<br /> �;�� � appiied.toward [he discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such �
<br /> ) defaWt,irres�ctivc of any temporary waiver oC 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 monihly to said ASSOCIATION of the sum specified in the Bond secured hereby as interest and principal on said loan,on orbefore
<br /> . .�the:Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied againsC said premises and on this Mortgnge �
<br /> S�� and the$ond�secured thereby,befbre delinquency;fumish approved insurance upon the buildings thereon in the sum of$3Q,400.00 payable
<br /> �.�. -to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by i[paid for svch taxes,assessments and insurance w•i[h interes[at
<br /> . -'��' � . �the maximum legal rate thereon from date of 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 Bond for$34�40�.0� this day given by the said Mortgagor to said ASSOC1AT10N,and comply �
<br /> r,,�` �with all the requirements of the Constitution and By-Lxws of said ASSOCIATION; then these.presents shall become null and void,othenvise they . �
<br /> . �shall�temain in full force and may be foreclosed at the option of the said ASSOCIATION after failuxe for three months to make any of said
<br /> � � . payrnents or be three months in arreurs in making said monthly payments,or to keep and comQly with the agreements and conditions of said Bond; „
<br /> and Mortgagor agrees to have a receiver appoin[ed forthwith in such foreclosure proceedings. . � .
<br /> � � � �� If tliefe is any change in ownership of the real estate mortgaged herein,by sale ur otherwise,then the enCae remaining indebtedness hereby . . ��
<br /> . secured shail,at the uption of The Equitable Building xnd Loan Association of Grand Island,Nebraslca,become immediately due and payable without � �
<br /> �. �furtfie{notice,xnd 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 interesi at the maximum legal 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 all sums pxid by said The Equitable Building and Loan Association of Grand Island, � � �
<br /> . � Nebraska for 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 Boad secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the . ��
<br /> � inakers.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 /> F - secured thereby,the total amount ofprincipal.debnt not to exceed at any time the original amount of this mortgage. � � � � .
<br /> Dated this �(�� day of /�eS.,,t.,,.,}-- A.D.,19 7�
<br /> � CS
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<br /> �8ckson J ood
<br /> � STATE OF NEBRASKA,�� On this /U-� day of /�µ..q.�,�,f-- 19��,before me,
<br /> COUNTY OF H� t�
<br /> � � ��-RTr .� � � the undersigned,a Notary Public in and for said County,personally came - ,�"�, .
<br /> , Naomi R. Rueb Good and Jackson J. Good, her husband ,�.
<br /> who d re personally known to �+ g�
<br /> {. . .' � . . � . . �k
<br /> me io be the identical person 5 whose name S affixed to the above instrwnent as mortgagor5 and they ��er�y I ' ti r�
<br /> acknowledged the said instrument to be � th@7 Y' voluntary aci and deed_ � � '�`'��
<br /> ; �
<br />��� - �� WITNESS my han3 and Notaria1 Seal[he date aforesaid. � . . r�� � � ' ���
<br /> M,y Commiss�on expires�;,��4,,�,�,,�/� /'��� �
<br /> '�� �y, . �.EYELYN SOMMERMEYER� � � � . N Pu lic
<br /> .Yi-�� '�fl � C�NERAI��Nf1TARY � . .
<br /> � a�lt� . � . S ate of Neb aska' �� � .
<br /> �.. . . r,.,r�,.,� M�'r 7MM�;iSItSN F%r>tRES ;
<br /> �'.:`°- De�cnS��r 1 1.77 d � .
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