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<br /> 77- UOR429
<br /> YORTGAGE
<br /> MORTGAGE LOAN NO. � 2 s873
<br /> � two�+su.�sY'ntESEr�sen'rs:mu Rory C. Shuinan� a single person and Roxanne M. Gifford, �
<br /> a singie person
<br /> Mortgagor-whether onc or more.in considention of the sum of
<br /> Twenty Qr+e Thousand Six Hundred and No/i00------------ ------------------------ mi,i,A�s
<br /> lo�ned W pid mo�Y�r by 7'he Equiqble Bullding�ad Loen Aasociation of Grand Island,Nebraslca,Mortgagae,upon 21C dure�of�wcic of
<br /> nid ASSOCIATION,Certificate No. L 22�$7$ ,do hereby gnnt, convey rnd mortgage uneo the said ASSOCIAT[ON the fol6owin�
<br /> dncri6sd md ectsu.cituated in Hall County.Ncbraska:
<br /> LOT FIVE (5), BLOCK TWENTY-SEVEN (27) GILBERT'S
<br /> THIRD ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY� NEBRASKA.
<br /> tqetfier with a11 thc tenements,lureditaments and appurtenancec thereunw belonging,including attached t7wr cuverings,all window screem,
<br /> wi�dow d�sdec,bGnds,uorm windows,awningc,he�ting,air Wnditioning,and plumbing and wster equipment and accescorie�thereto,pumps,stovet,
<br /> nFryeratwe,ud other fizWree and eyuipment now or hereaher attached to or uud in wnneciion with ssid real estata
<br /> Aod wtuseac the srid mort4yµu hac agreed and duec hereby agru t1u�t the mortgagor shall and will pay sll taxes and weuments kvied or
<br /> arered upon e�id pre}aiw�snd upon thic mortgage snd the bond aecured thereby before the same shall become delinquent;to furnith approNed
<br /> inwneceup�n the buildir�c on sud premiaec situated in the sum of S �1�f>�.� payable to esid ASSOCIATION and to dellver to sfid
<br /> ; ASSOCIA770N the policies for oaid ineurana;and not to�mmit or permit any wuce on or about nid premise:;
<br /> ia case uf default in the performance of any of the termc and wnditionc of this mor[gage w the bond secured hereby,the mortga�et shall,
<br /> un dem�nd.6e entitbd to immediau puswnion oC the mortgaged premises and the mortg�rgor hereby asaigna, tranderc and �ete owr to tfie
<br /> mort�yee a71 the rentc,ro�aen�uc and income[o be duived from ttre mortga�ed prertuus during such time s:the mortga�e indebtedmse slull rem�in
<br /> ua�d;and the w�wtsyee d�all heve the power w appoint any ageni ur a�enu it may decire for the purpose of repairing uid pramaes u�d rentin�
<br /> the�e ao�d ouYectind the rants,revenues and incorne,and it may pey ou[ of said income a!1 ezpenees of repairing e�id premius aod neoewty
<br /> owmsiriows�sA eYpe�+es incurred in renting and manrging the 9ame and of cullecting rentele therefrom; the balana rem�ining,if any,to be
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<br /> �tovud tiu dicc;harge of wd mortga�e u�debtedness;there rights of the mortgagee may be exercited at any time durin`the exietence of tuch
<br /> .irrotpodive oC any tempa�rary waivar of the saine.
<br /> Thea Re�ents,koweve:,arc upon the Condition,Tlut if the sYid Mort�a�ur shall repay said loxn on or before ehe rtucurity of�id�hares by
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<br /> �y+meat;pwy nwnthly to s�i�d ASSOCIATION of che sum specifiad in the Bond cecured hereby as interest and principal on said loan,on or befam
<br /> the Twentieth dsy af each and every month,until crid ban ic fully pa�id;pay rll uxes ynd aueacmente Ievied a�ainct srid prcmi�and oa thia Mo[t�{e
<br /> awd dae Bond�ecuned tharoby,befure delinquency;furnieh approved insurance upon the bui►dings chereon in the wim of S ZI�6�.� paysbk
<br /> w oid ASSOCIATtON;repay to said ASSOCIATION upon demand al!money by it paid for such taxes,as9ecaments and incunnoe with interest at
<br /> tbe mfzinwm lepl rate therean from date of p�yment aU of which lMur[gagpr hereby agrees W pay;permiit no waste on srid premiaes;keep and comply
<br /> wid�dl the yreemenu�nd oonditions of the Bond for S 21+6�•� thic day given by thc said Mortgaeor to said ASSOCIATION,and uomply
<br /> vid�all the raQuueerona of't6e Conctitution and By-Laws of said ASSOCIAIYON;then [hea precents d+all bea�me null and void,othervvise they
<br /> �Mdl romrin ia fuU f�ra and rtuy be forecloaed at rlie uption of the said ASSOCIAT►ON after failwe fur three monthe to maice any of ssid
<br /> paymentc or be tiuoe m�nths in rrreus ie malcios said monthlY paYments.ex to reep rnd c;omply with the egrxments and condisioas of aud Bond;
<br /> and Mortta�or atreec to have a reaiver ap;winted&xthwith in such foreclosure proceedings.
<br /> If thers ic any ohan�t iw cw�rorsh+p of the real eetate r�wrtsa�ed herein, by sale ur otherwi�e,then the entire remaining indebtedne�c hereby
<br /> r�cured duY,at the option oC The Equiqbk Buildin4 and Lwn Auocutian of Graed leland,Nobndca,becuane immediauly due and p�yabb witl�t
<br /> f�rrlMr ewtioe,�eA ehe anount rmtumies due nnder crid bond,and any aher bo�for my additional adwnoei made[hemundor,rhall,from Lfie
<br /> dMe of euacite of uid bear interea at the mucimum bpl nte.and this mort�agc rosy then be forocloted to utisfy ttu amwmt due oa taid
<br /> bard,aad�ey ot�er f«additiunal advuuxc,togother with all wme paid by said The Equiabk Buildioe end Luan Aaaociation of Grand tslawd,
<br /> Ne6rdca fnr inaumoe,tazec aad asaerments,and abstr�cti�extencion ctur�es,with interost theroon, from dau of payment at the m�ximum
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<br /> As �u t4e Boed�ecerod haoby.whJe ehis m�xtpye mmains in effect the mortgy�oe may taereof'ter advana additional aums to the
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<br /> Niten oid#and.their a�u ur wr;oea�on in i+�teroet.which sue�c chall be witlun the xeeurity of this mortgase the same as tiu fundt oripnaLY
<br /> rwre�tMroby.the toq!amo�r�t of prineip�l�bt nat to ezoeed at my time the oriyna!amouat oC thi�mortgqe.
<br /> aw ws 3rd aay et Nove�er w.�..��/7
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<br /> si�oF�srw.�r. y o.►sw 3rd a,y� November �977 ,e.r«er. .._
<br /> e�Dta�rl'r o�t�+►u. '
<br /> '�9 1�rson and Roxa�e M. Gi f�fo�r^d,�as�wy rueuc��n a:a c�unsy,v��r� 1„ ..�
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