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<br /> ��'uU�864
<br /> MORTGAGE
<br /> � MORTGAGE LOAN NO. L _ 22.906
<br /> KNOWALLMENBYI'HESEPRESEN15:Thac Melvin A. �UCFit, d single person
<br /> Murtgagor,whether one or more,in coneideration of the sum uf
<br /> Forty Nine Thousand and NO/100----------------��-_—__'-__"—"--"'—'—'---'—' pOLLARS
<br /> brned tu said mortgagor by"fhe Equitrble 22 9�and I..�an Associatiun uf Grand Island,Nebrxska,Murtgrgee,upon 9�of stock of
<br /> aaid ASSO('IATION,Certificate No. L s ,du hereby grant, convey and mortgage unw the said ASSOCIATION the foUowing
<br /> described real estate,xituated in Hatl County, Nebraska:
<br /> LOT FOUR (4), BLOCK TWO (2). IN BRENTWOOD SUBDIVISION
<br /> IN THE CITV OF GRAND ISLAND, HALL COUNTY. NEBRASKA.
<br /> together with all �he �enert�ents, hered�tamrnts and appurtenen�es lherewiw belungu�g, includmg euached fluur coveriiigs, all window ureens,
<br /> window shades,blinds,swnn winduws,awnings,heaung,au conditionmg,and plumb�ng and weter eyuipmen[and accaswnes thnreto,pumps,stuves,
<br /> refrigeryturs,ynd uther t'ixwrcs and eyuipment now or hereniter ytt•ached tu ur used in connectiun with wid rerl estate.
<br /> And whnreu the sxid murtgxguc has sgrerd and durs hereby�agrer thac the murtgegor shall and w�A pay all tazes and assessments Irvied or
<br /> assessed upun said premises and upun th�s mortgage and the bund src �ed tk e brfore tha same shall becomr delinquenr,w furniil�+ppruved
<br /> insurynce upon the buildings on sbid prcmixs srtuated in the sum of'$�ysOv�•�� paynble w said ASSO(7.4TION and to deliver [o said
<br /> ASSOCIATION thr policies for said insurancr;and nui ro commit ur permn xny waste un ur nbout said premises;
<br /> !n cax of lefauli in the perfo�mance of any uf the[erms and conditions uf th�s rtwrtgage or the bond secwed hereby,the mortga�{ee shall,
<br /> on dertund,be rnuQrd w Immediate pussrssiun of the murtgagrd premurs and the mortgagur hereby assigns, transfnrs and xts over to the
<br /> murtg�te all the rents,revenues and income tu be derived from the mortgaged premises dunng such ume as the mungage indebtednesc shall remain
<br /> unpaid;and the maxtgagee shall have the puwer w app��im eny agrnt ur agents it ma�� desire fi>r the purpuce uf rep�tiring said prcmises and rrnting
<br /> the same and colleclmg the rents,revenues end incume,and It may pay out of �id incumr all rxpensrs oE repairing srid premises and necxcarry
<br /> commissiuna and ezpenses incurred in renting and manxgv�g the umr and uf collrcting rmeals thcrcfrum: the bxlanr.e remaining,il'any,to be
<br /> applied�oward �he diuhaige uf syid mortgxgr indebtednesc:�hese rights uf'the mortga�5er may be exercised at any time during the ezisten�;e ot such
<br /> de(aWt,trrespective of any temporary waiver of che same.
<br /> These Presenis,huwever,ure upun the Cunduion,T'hai�f the u�d Murtgagor shnll repay said luan un ur be(urc the maturity uf wid sharos by
<br /> pyymant;pay monthly to said ASSOCIATION��f thr sum specified m the Bund secured hereby as mterest and principal on safd loan,on or betbre
<br /> the Twentieth ciay uf each and rvery month,until wid luen is fully paid:pey all taxes and asussments levied against sa�d premises and on this Mortgage
<br /> and the Bond secured thertby,betbre delmquency;furnish approved insurance upun the buJdings the�eon m the sum of S 49��0.� payable
<br /> to sald ASSOCIATION;repry to caid ASS(K'IATION upun drmand all monry�by it pa�d fur wch taxes,assessments end insurance with Lntercst a�
<br /> the rtwzimum legal rate theroon from date of payment ell uf whlch Murtgagur harcby agrees tu pay:permit no waste on sxid premises;kerp and wmply
<br /> with aU the ngreements and conditwns ul the Bund Cur 5 49.�0�.�Q�s dxy given by [hr said Mortgagor to wid ASSOCIATION,and wmply
<br /> with rp tttn reyuireinents u(the Conctitution�nd By•Laws of said ASSOClAT10N; then these prcsents shall btcome null znd void,uthenv�se they
<br /> shsll rertuin m full Ibrce and rtwy be fureclused at the opuan of the said ASSOCIATION alcer failurc fur three munths w make eny of said
<br /> payments ur be three muntha�n arrears m mak�ng said monthly paymrnts,or w keep xnd cumply with the agrnemencs and conditions uf said Bond;
<br /> and 111ortgagor agrees tu havr a receiver nppumud furthwith in such fureclasurr proceedings.
<br /> !f there ic any ctuingr m ownership of the real esta[e rtwr[gagrd herein,by srle ur utherwise,then the enure remauung indebtednets hereby
<br /> �ecured siull,xt the up�iun oC The Equitable Building and Luan Association u!Grand lsland,Nebraska,become immedistely due and payable withuut
<br /> further notice, and the amount remaining due under said bund,rnd any other bond for any addi[iunxl advan�Ys made thereunder,ahall,from tht
<br /> date uf exercise of said optK�n,bear interes�at tht maximum kgtl rate,and this murtgage may then be forcclosed to saticfy tht amount due on said
<br /> bo�d,ynd any other bond for additional advances,tugether with xll sums paid by said The Eqwtable BuIIding and Luan Aswcixtion of Grand Island,
<br /> Netxaska tbr insunnce,taxec and astessments,and abctruting extension ctuuges, wtth �n[eresi thereun, from date uf' payment at the maximum
<br /> letd rate.
<br /> As providrd in the Bond secured hereby,while tkus mort�yc remxins ui rffect the murtgrger mry hercatter advance addinonal sums to the
<br /> mdcerc of yaid Bc�nd,their asei�ns ur succrswrs in interest,which sums shall be within the security of this murtgage the same as the imds originatly
<br /> aecured thereby,Ute totd xmount of principa!debt not to ezceed xt xny timr the urigfnal amount of this mortgrge.
<br /> /v��ua cn;� �h d,y„f November n.n.�y 77
<br /> e v n . ucF��`��
<br /> STATE OF NE�RASKA.t �. �� 28th �Y a f November lv 77 .�fo«,,,�, ,'�
<br /> couNtY oF�uu.� �'" ,�
<br /> the undernened,a Nuury Public in and f'or 9a�d County,perwnally�ne 9 ���
<br /> 1 Melvin A, LuN+t, a single person -^`
<br /> �� who 1 5 penonally rnown to ��+'d',;
<br /> +ee Eo be tM ideetinl per�ow vM�e am+e att'viced to tlfe above inwument u wwrtgaQur md hE' �PDla1y ..+;�C.�..
<br /> acknowled�ed t3x ssid imtrumrnt to be �1�S wilimtery sc�snd deMA � �
<br /> N77N£SS�sy hand�sd Nohritf Swl Me dau afoe�aad. . �..
<br /> My Crsmirion ezpirot � � �� � j �
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