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<br /> 77- 00�226
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<br /> � MORTGACE LOAN NO. L22�858
<br /> iQ10M+ALL1i11ErIBYTHESElRESBNT&:Tt+at Norman D.Erickson and Cynthia D. Erickson, each in his
<br /> and her own right and as spouse of each other
<br /> _—___Mortgajor_whether o�o_more�in conaidention of the wm of
<br /> Thirt,� Thrte Thousand and No/100------------- ----------��,A�
<br /> byned to nid mort�or by The Fquitable Buildia�and Lwn Auociation of Gnnd Islsnd,Nebrxcka,Mortgagae,upon 3� slure�of stock of
<br /> uid ASSOCIATION,Cer[ifuste No. L 22,858 ,do hereby grrnt, convey and mortgage untu the said ASSOCIATION the following
<br /> de�aibed real estxce,dtuatod in Hall County,Nebndca:
<br /> LOT SIX (6), IN BIOCK SIXTEEN (16), OF
<br /> SCARFF'S ADDITION TO WEST LAWN IN GRAND
<br /> ISLAND, NEBRASKA, AND LOT THREE (3) OF
<br /> SUBDIVISION OF LOTS 280, 281, AND 282 TN
<br /> WEST LAWN, IN TIiE CITY OF 6RAND ISLAND,
<br /> NEBRASKA.
<br /> tqether with all the tenementc,hereditaments and appur�enances thereunto belongin�, inetuding attached O.wr coveringe, all window cereen�,
<br /> �visdow 9hades,blinds,storm windows,awnings,heating,air cunditwning,and plumbing and water equipment md acoecwrie�thereto,purt�,ttovet,
<br /> refryentors,and uther fialurec and equipment now ur hereafter at[uhed to or uced in connection with said real estata
<br /> Md wMroac the uid awre�ur luc�y{rced and doos hereby agree that the mur�gagor chall rnd will pay all taxec and aseewnentc kvied or
<br /> a�ered upon 3aid premi�ec and upon thia mortgage and the bond�ecured chereby betbre the same ahsll become delinqutnt:W furniah approved
<br /> a�
<br /> inaurw►ce upon the buildines on caid premiees situated in the cum of S 33��.� payable to said ASSOCIATION and to delivar w aid
<br /> ARSOCIATION the policiec for 4rid inwnnce;rad not to commit ur permit any waste on ur about srid premi�es;
<br /> � la c�e of deCault in the perfwmance of any of the[erma and conditions of thic mortga�ee or the bond oecured hereby,the mort�ee chaU.
<br /> oa demand,be entialed a immediate poerewon of the mortga�ed premices and the rtwngagor hereby assigns, tranders u�d sets ovcr to the
<br /> rxort�yee all �he rents,reve�ues and ira;wr�e w be derived from the murtgyted premices during snch time u tho murtsrQe indabtednefs chsll remrin
<br /> uppaid:u�d t!u mort�agee d�al!hare the power to appoint any a�eent or�ntc it may desire for the purpoce ot repairing atid prem„es and rontiqg
<br /> the sune and a>Ikciing the rentc.revenuee and income,and it mrY paY out of soid income al! expenoes of repaui�uid premioes aad aeceauy
<br /> cwnuniuions tnd ezpenees incurred in rentins and nu�a{inj the e�me and of cwllecti� rentals themfrom; tM baLnce roeuinieK,if any,to be
<br /> applied toward the discharge of said mortyye indebtedners;there rithts u(the mor[giga may be exerci�ed a[any time durin�the e�tiuena of wch
<br /> de7ault,urecpeciive of any[emparary wuver of the s�me.
<br /> Theae Presantr,honeMer,ut upon[tae Conditwn,Thrt if the eaid t�lortgagor rhall repay said ban on w befow the maturity of said ehares by
<br /> paymont;pay monthly w said ASSOCIATION of the sum s}+ecif`iod in the Bond secured heroby as interest and principal on wid twn,on or before
<br /> af�e T�vrntieth day of each and every month,until said ban ic fuliy paid:pry ap tazes and acressments kvied a�ainst said premi�et and�this Mortp�e
<br /> and the 0ond eocarod thereby,befure delu+qucncy;furnlsh approved insurance upon the buildings chereon in the cum of S 33��.� payabk
<br /> w uid ASSOCIATlON:ropty to said ASSOCIATtON upon demand alf money by it prid for wck+uzes,awecsments and inwranoe with intere�at
<br /> t�e mrxunwn le�al rate thereon from date of payment all uf which Mortgagor hereby a�rees w pay:pertnit no wute on srid premiasc:lwep and comply
<br /> �vith aU the aaxmeets and conditions of t!u Bond for S 33 QQQ,QQ this day given by t!u said Mortge�or to stid ASSOCIATION,and comply
<br /> vith ap the roquiremeeu of the Conctitution and By•Laws of�caid ASSOCIA7'ION; then theoe presents e1u11 bewme null and void,odie�wi�o they
<br /> d�all remrin in fu11 fortt and may be furoclooed rt the opeion of tfir�aid ASSOCIATfON afur failurc for three nwnthc tu malce rNy of e�id
<br /> }r�yments or be three montfu u�rrreus in malcing said�nthly paymenu,w[o keep xnd comply�uith the rgrcements and cunditionc of oaid Bvnd;
<br /> ant!Mort�or a�rees W have a receiver appointed furth�vith in wc.�h fc�rocbeure prui;eeduy�s. �
<br /> !t theee ic any chu4e in wvnenhip of the real estace murt;yed F�ercin, by nk ur utherwise,thea tlu entin rcm�inina indeb[ednen hereby
<br /> aspued WuY.at[he option esf TLe Equi4bie YuiWi�and Lwn Auaciatiun of Grand Ic4nd.Nebradu.beeams imnwdiately d+�e and payable�vi[hout
<br /> firther aotioe,�d M�e amc+�t renrini�due under a�id bond.u�d any otl�er bond for anY additional adwacec rtude tl�o�eunder,�hali.from the
<br /> 4ie of enarciee of nid option beu ietaroat at[he meainwm kq,rue,and this mortOye m�y then be fwecJo�ed to catisfy the aiffouat due an aid
<br /> rood.awd a�y uther bond for additiowd adv�naes,tqetl�er with all�w�c p�id Dy oaid Tlx Equitabk Buiidie�awd Loan Anoci�tion ot Gnad l�nd.
<br /> Nebrulcr for iawrma.taxee and aueoamonte.and sburacting eztenci�n chrryec. with inurest thereon,from date of p�y�aeat u the maxim�m
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<br /> As �e the 9ard�ecured heroby,while thic mwtiase ree�ains in effod the monis�ee may huaaftei advance additional sume to the
<br /> s ee
<br /> wrlcew vi!bwd,tl�eir ari0n or succe�orc in interoet.�vFuch wms shall be within the security o(thi�rtwct�ye the tame u the funds onO�Y
<br /> �eaued tLereby,the total awauwt of principa!debt not to ezoeed at any time the ori�inal amount of Utis moregye.
<br /> DrW tiu ���1 daYof �CtOdl1^ A.D..19 J�
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<br /> � . C 5011
<br /> � �,r .� a.:.Gi::.�,. �.
<br /> Cynti�ia 0. Eridcson `
<br /> ��►'�'E��.� 26 th October 7 7 . ,_ '�
<br /> OOU�If'1f QF�iAL7., ~. oe dus 8�y of t9 ,be!'oro w,
<br /> . � �e ���I�ublic in aed for+�id County.per�a�lly a�e
<br /> 1br�M 4,fridcsow a�M C�A►th/a D. Erickson. each n h s ane her�orn right and as spcwese of
<br /> each �r "�0° a re ��`°O"'°�O
<br /> ; ..�.r.r.d..ti.r�....s .i......�s are aresraarr..ao..��ew�e .oe they .eVe�y ,�";`:
<br /> .d�r�a.�i.�a�rr..Y irr....R a w t�i1e i 1' „�y.oc a.t wa. �
<br /> rITDIBi�►'Irri�ri lisqrid lM11M�Ye dowrid. / � , •" � �
<br /> � 14y Co�iN �y,..�',���,e�.. A�i�i�� / _ ��
<br /> � !OY M.BEAZLEY � ��
<br /> HaY�t My tb�+e�.ExP-l�t�1.� i / e...
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