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<br /> MORTCACE
<br /> MORTCACE LOAN N0. L � �
<br /> KNOW ALLDfCN BY THESE PRESENTS:7hat Robert L. Hazen and Marcel l i nda Hazen, each i n hi s
<br /> � and her own right and as spouse of each other,
<br /> Mortgagor,whether one or more,ln wns(derallon af the sum af
<br /> ; Twenty One Thousand Seven Hundred and No/100--------------------------------- ���A�
<br /> IoaneJ lo said morlgagor by The Equilable Building and Loan Association ot Crand Island,Nebraska,Mortgagee,upon 2�� shares of stock ot
<br /> said ASSOC(ATION,Certificate No.L z2.899 ,�In)i.mby;rant,convey and nwrtgage unto the said ASSOCIATION the following '
<br /> ' dzsuiLeJ reat estate,siwated in Hall County,Nebraska:
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<br /> LOT THREE (3) IN BLOCK SIX (6) IP� CHARLES WASMER'S
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, -
<br /> NEBRASKA.
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<br /> together with all ihe tenements,herrditaments and appurtenances theceunto belunging,including altached floor coverings,ai!window xteens,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water eyuipment and accessories thereto,pumps,sroves,
<br /> refrigerators,and other fixtures and equipment now or hereatter attached to or used in connectiun with said real estate.
<br /> And whereas thc said mortgagor has agrced and does hcreby agrec that the mortgagor shall and will pay all taxes and asuuments levied or
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby before the same thall become delinquent;to fumish approved
<br /> insurancc upon thc buildings on said premius situated in the sum of SZ�����•QQ payable to said ASSOCIATIOY and to deli�rr to said
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<br /> ASSOCIA'fION the policics(or said insurancc;and not to commit or permit any waste on or about said premises;
<br /> In case of default in the performance of any of the terms and condiiions o(this mortgage or the bond secured hereby,the mortgagee sfiall,
<br /> on demand,bc cntitied to immcdiate posscssion of Ihc mortgaged premiscs and thc murtgagon c�reby a:signs, trans(crs and uts over to the
<br /> mongagee all the rrnls,revenues and in:omc w be derived(wm the mortgaged premixs during such time as the mortgage indebtedness shall rcmain � �
<br /> unpaid;and the mortgagec shail have the puwcr to appuint any agcnt or agcnts it may desire for the purpose of repairing said premises and centing
<br /> the same and collecting Ihc rcnts,revenucs and inwme,anJ it may pay out of said income ail expenses of repai�ing said premises and necessary
<br /> rnmmissions and expenses incurred in rcnting and managing the same and o(collecting rentals thercfrom;the balana remaining,if any,to be
<br /> �� applied toward the Jischarge o(said mo�tgage indebtedness;these rights of the mortgagee may be exercised at any time during the existmce of such
<br /> default,irrespec�ive of any temEwrary waiver o(the samc.
<br /> These Pcescnts,however,are upon the Condition,That if the said I�fortgagor shall repay said loan on or be(ore the maturity o(said sharts by
<br /> payment:pay monthly to said ASSOCIATION of Ihe sum specified in the Bond secured hereby as intertst and principal on said Ioan,on or before
<br /> the Twrntieth day o(each and e��cry month,until said;oan is fully paid;pay all taxes and assessntents Ic�ied against said premises and on this�lottgage
<br /> and ihe Bond ucared thereby,before dclinyuency;fumish approved insurance upon the buildings thereon in the sum of S Z�r�00•�� payabk
<br /> to said pSSOC1AT10N;cepay to said ASSOCIATION upon demand all muney by it paid(or such taxes,assessments and insurance with interest at
<br /> the maximum Iegal rate thereon from date o(payment all of which Atorigagor hereby agret:tu pay;permit no waste on said premius;keep and comply �
<br /> with all the agreemenis and conJitions oC the Bond for 5 Z�����.�� this day given by the vid�fortgagor to said ASSOCIATION,and wmply
<br /> with all the requircmems of the Constitution and DyLaws of said ASSOCIATION;then these presents shall 6ecome null and void,otherwise they
<br /> shall rcmain in full furce and may be foreclosed at the option of the said ASSOCIATION after failure for three months to make any o(said
<br /> paymm�s or be thrce months in arreaa in making said monthly payments,or to kcep and comply with the agreements and conditions oC said Dond;
<br /> and Mortgagor agrecs�o have a receiver appointed forthwith in such(oreclosure proceeJings.
<br /> ; If U�ere is any change in owncrship of thc rcal estatc mortgaged herein,by salc or othcrwise,thm the entirc remaining indebtedness hercby
<br /> i , secured shall,at the option of The L'quitable Building and Loan Aswciation of Grand Island,Nebraska,become immediately due and payable without
<br /> further nutice,and tlie amount remaining due under said bond,and any other bond for any additional advances made thereunder,shell,from the
<br /> date of exerciu of said option,bear imerest al the maximum Icgal rete,and this mungage may then be fomclosed to satisfy the amount due on said
<br /> i bond,and any other bond for additional advances,together with all sums paid by said The Gquitable Building end Loan Association o(Grand Island, •
<br /> Nebraska for insura�ce,taxes and asxssments,and abstracting extrnsion charges,witl� interest thereon,trom dnte of payment at the maximum
<br /> legal rate.
<br /> As provided in the Bond secured hereby,while�his mo�tgage remains in effect the mortgagee may hemafter advance additional sums ro the
<br /> , makcrs of said Dond,their assigns or successors in interest,which sums shall be within the ucuriry oF this mortgage the same as the funds originally
<br /> - secured thereby,the total amount o(principal debt not to exceed at any time the original amount of this mortgage.
<br /> ated this 21st dayof November A,D.,��77
<br /> • '�' t U 1M/.L<.e..��.Q_.,.....��; ����p�-✓
<br /> �� Rober� L. Haz n �� Marcellinda Hazen
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<br /> I STATEOFNEBRASKA,� Z1St November 7� - i �
<br /> � + � ss. On this day of 19 ,beCore me, r r''�
<br /> COUNTy OF HALL r': � �i;; .
<br /> ' tae u dqrsigned, otary Public iq a d for sai Count personall me �
<br /> ; Robert L. Hazen and Marcellinda Hazen, each in`�ts an��ier own rig`�t an� as �bouse �� � �e �
<br /> each Oth@Y'� -� who gre perwnally known to 3"
<br /> me to b'e the identical person S whose name s are aCfixed ro the above instrument as ortgagor S and they xre�ap � #r,�
<br /> Y ,
<br /> acknowledged the said tnsWmrnt ro be thei r voluntary act and deed. �:� �
<br /> WITNESS my hand and Notanal Seal the date aCor��said. 1 ,., � ;
<br /> AfyCammissio �p�tsf=�+ y + F.'-:�j �/ � � /
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<br /> Z`? ,_� f _. � �' N tary lic �
<br /> 6d.RM RI -_-�......__._. � ._.__ / .
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