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<br /> 77.0 0 6 7'70
<br /> MORTGAGE
<br /> MORTGAGE LOAN N0. ' �9OO
<br /> IKNOWALLMENDYTHESEPRESENTS:That Philip B. Hazen and Arlene E. Hazen, each lfl h1S hcld I
<br /> her own right and as spouse of each other
<br /> ______MoAgagor_whether one or more_in wroideration of the sum of
<br /> Twelve Thousand Four Hundred and No/100------ "'""""�o�tAt�s
<br />� loaned to said modgagor by The Bquitable Building and I,oan Aswelation of Crard►stand,";:brssks,Mott�gee,o�n 124 sh�res of stock oC
<br /> said ASSOCIATION,Certificate No.L ZZ,9�� ,do hereby grant,comey and mortgage unto the said ASSOCIATION the following ,
<br /> described real cstate,siwatcd in Flall Counry,Nebraska:
<br /> LOT ONE (1), BLOCK TWO (2), IN WINDOLPH'S ADDITION
<br /> TO THE CITY Of GRAND ISLAND� NEBRASKA.
<br /> together with alt the tenements,hereditaments and appurrenances thercunto belonging,including auached(lwr coverings,ail w�inraw ureens,
<br /> ; window shades,blinds,srorm windows,awnings,heating,air conditioning,and plumbing and water equipment and acassories theroto,pumps,swves,
<br /> ' re(rigerators,and other fixtures and equipment now or hereafter attachcd ro or used in cunnection with said real estate.
<br /> And whereas the said mortgagor has agrecd and does hereby agrce that thc murtgagor shali and will pay all taxes and assessments levied ur
<br /> , asxsud upon said premises and upon this mortgage and the bond ucured thereby beforc the ume shall become delinquent;to(urnish approved
<br /> insurance upon the buildings on said pcemises situated in the sum of S 12�4��.�� payabic to said ASSOCIAT[ON and ro deli�er to said
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on ur about said prcmises;
<br /> !n cau of default in d�e performance o(any of the rerms and conditions ot this mortgage or the bond ucured hereby,the mortgagee shall,
<br /> on demand,bc mtided to immcdiate possessiun of thc mortgaged premiscs and the mortgayor heceby assigns, transfers and sets over to the
<br /> + mortgagee all the rents,revenues and income to be derived(rom the mortQaged pmmises during such time as[he mortgage inSehtedneu shall remain . .
<br /> unpaid;and thc mo�tgagee shall havc Aic pow�er to appoint any agent o�ageNs it may desire fu�the purpose of repairing said premises and renting
<br /> d�e same and collecting lhc rents,revenucs and income,and it may pay out o(said income all expenses of repairing said premises and necessary
<br /> commissions and expenus incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be
<br /> applicd toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exerciud at any time during the existence of such
<br /> delault,irrespeclivc of any temporary wai��er of the same.
<br /> Theu Presents,hoN�ever,are upon thc Condition,That i(the said�lortgagor shall repay said loan on ur beforc the maturity of said shares by
<br /> payment:pay monihly to said ASSOCIATION of the sum specified in the Dund ucured hereby as iNerest and principai un said loan,on or before
<br /> thc Twenticth day of each and cvcry month,unlil said loan is fully paid;pay all taxes and asscssments levied against said premises and on this�fortgage � �
<br /> and ihe BonJ secured thereby,be(ore delinquency:furnish approved insurance upon the buildings thereon in the sum of S 12�QQQ.QQ paYable
<br /> ' to said ASSOCIATION:repay to said ASSOCIATION upon demand all moncy by it paid for such taxes,assasments and insurance with interest at
<br /> . the maximum Iegal rate ihereun(rom dale o(paymenl all o(which Dtortgagur hereby agrces lo pay;permit no waste on said premises;keep and comply "�� -�'`"'��
<br /> with all Ihe agreemcnls and conditions of the Dond(or S LZ�4��.�� this day given by tlu saiJ 1lortgagor to said ASSOCIATION,and mmply
<br /> with all thc requircments of the Constitution and ByLaws of said ASSOCIATION;then theu prcsents shall become nu(I and void,othetwiu they
<br /> shall remain in full force and may be forecloud at the uption o(the said ASSOCIATION s(ter (ailuce fur throe months to make any oC said
<br /> payments or be th�ce months in arrears in making said monthly payments,or tu keep and comply w�ith the agreements and conditions of said Dond;
<br /> � and Atortgago�agrces to havc a reccivcr appointed furthwith in such foreclosure pwcecdings.
<br /> : If there is any change in owncrship of the real esla�c mortgagcd herein,by sale or othcrwiu,then the entire remaining indebtedness hereby
<br /> securcd shall,at the option o(The tquitable Building and Loan Associalion o(Grond Island,Nebraska,bewme immediately due and payable without
<br /> further notice,and d�e amount remaining duc wder said bond,and any other bund for any additional ad�ances made thereunder,:hall,Gom the
<br /> date of exercise of said option,bear inrerest at the maximum legal ratc,and qiis murtgagc may then be foreclused to satisfy thc amount due on said
<br /> bond,and any other bond for additional advances,together with all sums paid by said The Cquitable lluilding and Loan Association of Grand Island, •
<br /> Neb�esl:a(or insurance,taxes and asseuments,and abstracting extension charges,with interest thereon,from date o!payment at the maximum
<br /> ' legal rate.
<br /> As•provided in the Dond secured hereby,while this modgage remains in e((ecl the mortgagce may hereafter advance additional sums to the
<br /> makers o(said Dond,their assigns or successors in interest,which sums shall be within the security of this mot�gage the same as ihe funds originally
<br /> secuied ihere6�,the rotal amounl of principal debt nol to exceed al any time the original nmount of ihis mortgagt.
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<br /> X Da d this- 215 day of November A.D.,19 ��
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<br /> STATE OF NEBRASKA,l u On this ZlSt day of November 19 �� ,beFurc me, "'Z'� �:�
<br /> COUNi1'OF HALL j n'' N j
<br /> t}�e under i ned.a Nota P,ub i in and!or said Count er nall me !;�
<br /> j Philip B. Hazen and qrlene E. Hazen, each in his an��her own r.a.g,�`t and as spous�ePo�'eac�i � ;�
<br /> t other / who dT'E' p�rsonally known to �
<br /> ' / � S:.
<br /> me to be the identical persol5 whou name 5 dP2 a(Cuced to the above instrument as m6rtgegorS and they u���a��y
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<br /> acknowledged the said instrument to be thei r voluntary act and deed. % �' , „Nt
<br /> W(TNESS my hand and Notarial Seal the dare aCoresaid. % ,_ �
<br /> My Commiuion expirs
<br /> CifE t rl S.t c tir;��rpsta �
<br /> � 6.62M RI ��i`_ J i t 0� ��['ti �ary blic
<br /> .. tr' 7 t� n�i.E�.(. - t.153t �
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