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<br /> ��'� UU49�9
<br /> MORTGAGE
<br /> MORTCAGE LOAN N0. L ZZ,�9H
<br /> KNOWALLMENBYTHESEPRESENTS:Thai DdV1d �+/. ��dbC.'r 311C1 �0T"Y'dltl2 A. NdbEY', 2dCh ln h7S dnd �
<br /> i her own right and as spouse of each other °
<br /> _Mortgagor,whether one ar more in consideration of the sum of
<br /> Twenty One Thousand Seven Hundred and No/100------ DOLLAxs
<br /> loaned to said mortgagor by The Equitable Building end L�an Association of Grand Island,Nebraska,Mortgagee,upon 21� shares of stock of
<br /> said ASSOCIATION, Certificate No.L 22,�9$ ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hal1 County,Nebraska:
<br /> LOT EIGHT (8) IN BLOCK TWO (2) IN "WIESER
<br /> SUBDIVISION", BEING A PART OF THE WEST HALF
<br /> OF THE SOUTHWEST QUARTER (WZSW4) OF SECTION
<br /> � TW0 (2), TOWNSHIP ELEUEN (11) NORTH, RANGE
<br /> �
<br /> TEN (10) WEST OF THE 6TH P.M. , HALL COUNTY
<br /> NEBRASKA.
<br /> � together with all [he tenements,hereditaments and appurtenances thereunto belonging, including attached tloor�coverings,all window screens, �
<br /> � window�shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories there[o,pumps,stoves,
<br /> s � reTrigerators,and other fixtures and equipment now ur hereaf[er attached to or used in connection with said�eal estate. � . � �
<br /> � And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or
<br /> � ... �assessed upon said premises atid upon tliis mortga�e and the bond secured thereby before the same shall become delinquent,�to furnish approved
<br /> � � �insurance upon the buildings on said premises situated in the sum of S 21�70�.�� payable to said ASSOCIATION and to deliver to sxid
<br /> � .. �� ASSOCIATION the policies for�said insurance;and not to commit ar permit any waste on or abou[said premises; � � . � �
<br /> � . In case of default in the performance of any of[he terms and conditions of this mortgage or the bond secured liereby,the mortgagee shall,��
<br /> on demand,be entided to immediate possession of the mortgaged premises and the mortgagor hereby assigns, �hansfers and sets over to�the � �
<br /> `4. . mortgagee all ihe rents,revenues nnd income to be derived from the mortgaged premises�during such tune 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 Uie purpose of repairing said premises and Tenting��.
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary
<br /> � .� � commiss9ons and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance�remaining, if�any, to be
<br /> appiied.toward the dischar�e of said mortgage indebtednesr,these rights of the mortgagee may be exercised at.any time during the existence of such��
<br /> a .default,ircespective of any temporary waiver of[he same. � � � � �
<br /> �� � . � These Presents,however,are upon the Condixion,That if the said�9ortgagor shall repay seid loa�on or before the maturity of said shaxes by
<br /> �A .. -payment;pay monttily to said ASSOClA7'ION of the sum specified in the Band secured hereby as interest and principal on said loan,on or before
<br /> ,��. . the Twentieth day of each and every month,until said loan.is fully paid;pay ali taxes and assessments levied against said premises and on this Mortgage �
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<br /> �� �. and[he Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of$ 21�7��.0� pa}•able
<br /> �� io�said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such[axes,assessments and insurance.with interest at �
<br /> �; � - � the maximum lega]rnte thereon from da[e of payment all of which Mortgagor hereby agrees to pay;permit no waste on seid premises;keep and comply� �
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<br /> � wilh all[he.agreements rnd conditions of the Bond for S Z 1����.�0 this day given by thz said Mortgagor to said ASSOCIATION,and comply �
<br /> with all the requirements of the Constitution and ByLaws of said ASSOCIATION;then these presents shall become null and void,otlierwise they
<br /> �� .sfiall remain in fult force�nd may be foreclosed at the option of the said ASSOCIATION a(ter failure for thtee months to malce any ot said
<br /> �� payments or be three months in arrears in making said monthly payments,or to keep and cornply with the agreements and conditions of said Bond; .
<br /> . � and Morigegor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � . .
<br /> . If there is any change in ownership of the real estate mortgaged herein,by sale or o[herw�ise,then[he entire remaining indebtedness hereby � . . .�
<br /> . secured shall,at the option of The Equitable Building xnd Loan Association of Grand Isiand,Nebraska,become irnmediately due and payable without �
<br /> ��further notice,and the amount remaining due under said bond,and any o[her 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 Ihis ntortgage may then be foredosed to satisfy the amount due on said� .
<br /> . � �bond,and any ofher bond for additional advances,together with ali sums paid by said The Equitable Building and Loan Association af Grand island,
<br /> Nebrxska for insurance,taxes and assessrnents,and abstracting axtension charges,with interest thereon, from date of payment at the maximum
<br /> � iegal rate_ � � . � . �
<br /> � � As provided in the Bond secured hereby,while this mortgage remains in�effect the mortgagee may hereafter advance additional sums to the . �
<br /> � � makers of said Bond,their assigns or successors in ir,terest,which sums shatl be within the security oF this mor[gage tlie same as the funds originalty ��
<br /> � � � secured thereby,the.total amoun[of principal debt not to exceed at any time the original amount of this mortgage. � �
<br /> cea cn;: 31st day of AUqUSt A.D.,iv77
<br /> 9//.e'�u.�:l,4' G_(/ of�/i`
<br /> v^,a�,6�!. Naf�er �.� /
<br /> ra—,},h.,ltco > ���/.�.-dJ
<br /> Lorrai ne f: Naber
<br /> STATE OF NEBRASKA,1 �, Qn t}us 315t day of E1UgU5t 19�� ,before me,
<br /> COUNTY OF HALL j �� , ,
<br /> . � � � �� � � thn undersigned,a Notary Yublic in and for said County,personally came � ~ f'`�
<br /> Dayid W. Naber and Lorraine A. l�,y each in his and her own riyht and as spouse pf each � � ��'``
<br /> r Ot�i2T' . . . . . . . . � � who dT'2 Personallyknown�io . :�,�
<br /> � _ � '`. �`t`.�C�I�`� � � � is+��,
<br /> s�ne to be#lie�denucal pecsan g, whosq w.r '�{�.,�`�f d to the above instrument as mortgagors and thEsy severally �,
<br /> . � acknowledged the sa�d instrument to be 4'.„-•N volunt�ty:aC2'�.d deed. � � � � � � � � ��� �
<br />� ` WITNESS my hand andr°k�'��l SeH1�fi�`e�a��e afolesai� i�=
<br /> (/ GuLti},�i:.-� �� �/J/� /J�� �
<br /> � ��� � .My Commission expires3yj�� r�iPli 13 -� ��^ � �—,C✓ lf.MFt � . ��.
<br /> � �O �� . L�c/J..P'O "'�: .
<br /> S.,.sM ni � �' �5�, Fc.7.t" � �:�'�' � Notazy Public �
<br /> � . . ���``�f�t7f�b�ttr��'Y,. . _ . .. . .
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