;� °
<br /> � �
<br /> 77� �J V il at)il i7
<br /> MORTGAGE
<br /> �, � MORTGAC,F LOAN NO. _22•909
<br /> KNOWALLMENBYTHESEPRESENTS:That Thomas M. McGuire, �Y', and Mary A. McGuire, each ltl
<br /> his and her own right and as spouse of each other
<br /> –__– Mortga�{-r,whethe-o-e o=more-in conside-ation of[he sum of
<br /> Thirty Eight Thousand and No/100-------------- ��tA�
<br /> loaned to said mortgagor by The F,quitable Building and Luan Association oC Crand Island,Nebraska,Murtgagee,upun 38� shues uf stock of
<br /> said ASSOCIATION,Certificate No. L 22�909 ,du hereby grant, convey and mortgage unw the said ASSC?CIATION the following
<br /> described real estatc,situated in Hall County,Nebraska:
<br /> LOT TWO (2) IN BLOCK ONE (1) IN PLEASANT VIEW FOURTH
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> together with all thr tenements, hrrrduamentti and appurtenance� thrrruntu belunging, including attached Ilour cuvenngs,ell w�nduw screens,
<br /> window shades,blinds,srorm winduws,awnings,hratmg,atr a>ndit Wning,and plumbing and weter eyuipment and accessones thereto,pumps,stovee,
<br /> reCrigrrators,and uther(ixturrs and eyuipmnut now ur hereafter attached tu u� usrd m cunnrriiun w�th sa�d reel estare.
<br /> And whereas the said murtgagor has agreed and dues heceby egrer [ha� thr enurtgagur shali and will pay all taxes and asyessments levied ur
<br /> assessed upun said premisrs and upon tlus mortgagr and thr b�>nd xcuceJ theicb. bet:,rc ihe aeme shall becumr drGnyuent:w furnish rpproved
<br /> insurancr upun�hr buildings on sxid prrmises situated in the sum uf 5 3H�OOO.�Q payabie w said qSS(X'IpT10N and to dnliver to seid
<br /> ASSOCIATION[he policies for said insurance;and not to commi[u�perm�t any weste un�r about said premises:
<br /> In tase o(defauli in the perfurmance of eny of the terms and cund�tions of this �nur[gage ur the bund secured hereby,the murtgagCe shall,
<br /> on demend, ba entitled w immeliate pussession��f the mortgagad premises and the murtgagor hereby assi�yu, trnnsfers and sets uver to the
<br /> murtgagee all the rents,revenues and income w br lerived from thr murtE{agrd premises Juring such time as the murtgage indebtednnsn shall rrmain
<br /> unpaid;and �he murtgagee shall have the p��wer to epp�nnt any egent ur agrnts it may desire 1'ur thr purpux uf repairing said premises and renting
<br /> [he same and cullecting the ren[s,revenues and mc�me,and h may pay uut uf sald incumr all rxpenses uf repairin� said premisrs and na;eurry
<br /> commissions and expenses incurred m rrnt�ng and manag�ng�i�r samr and of collecting rentals thereCrum; the balance ransining, if any,to be
<br /> applied tuward the dischargr uf uid murtgagr�ndrbteSness;these rights uf thr murtgagee may be ezercised at any time during the existence of such
<br /> default,irrrspective of any temporary waiver of thr wme.
<br /> These Ptesen�s,however,arc upc�n thr CondiGun,That d thr said M�rrtgxgor shall repay said Ioen on ur belom tht mxWrity of said s►wrrs by
<br /> payment;pay munthly to satd ASSOCIATION uf the sum specified in the Bund securcd hereby as uuerrst and principa!un ui1 luan,on or befure
<br /> the Twentiethday uf each and rvery munth,until said luan Is f ully pa�d�,pay all tsxrs and assessmenU levied agninst wid premisrs and un this 4lortgagt
<br /> and the Bond secured thereby,be(urr delmyuency:lurnrsh appruved msurnnce upon thr buildings iherwn m the sum of 5 38�0��.�� payable
<br /> to syid A5SIX'IATION:repay to said ASSOCIATION upun drmand al�muney by h pn�d lur such taxes,asses�ments xnd msurance with tnterest at
<br /> the maximum legal ratr thereun frum date ul'payrnrnt all of whlch Mortgagur heieby agrees iu pay;primit nu wax[e on said premisrs;keep and comply
<br /> with all the agreemen�s and condiGons ol the Bond fbr$ 3$�QQQ.QQ �his day given by thr se�d Murt�{agur tu said ASS(X'IATION,ynd wmply
<br /> with all the requirements of the Cunstitution and By�Lews of said ASSIX'IATIOh: thrn thex presents sha11 becume null and void,utherwise thry
<br /> slmll rcm•ain m (ull four and mny br tbreclosed at the uptlun o(�hr said pSSOC1ATIU?�' a(ter fe�lure ior ihree m��n[hs �u mrilcr any uf said
<br /> payments ur be throe months in arre�rs m making said munthly paymrnts,ur tu keep xnJ cumply wlth che agreerr�nt>,md cundiGuna uf sxid Bund:
<br /> and Mortgxgur�grces to have a receivrr appuinted furthwith in such fureclusure pruceed�ngs.
<br /> (f there is any change in ownrrship of thr real esta�e mnngxged he�rin,by sale u� �cherwlse, chen [he ent�re rrmyming �ndebtednesc hereby
<br /> secured shall,a!the option of The Equltxble Building and Loan qswciatiun uf Grand Island.Nrbraska,become immediately due and payrblr withuut
<br /> funher noUc.e,and the amount remaining due undrr s�Id bund,xnd an� �thr� b�nd fu�any addiuunal advrnces madr thereunder,shall,from the
<br /> date uf exercise of said opUon,bexr intecest at the meximum legal rate,and thrs murtgagr rtwy then be fureclosed to utisfy[he amount due un srid
<br /> bond,and any other lwnd for additional advances,together with all sums paid by syid The Eywtable Building and Luxn Acwciation of Grand liland,
<br /> Nebraslw fur insurance,taxes and axsessmrnts,and abstractmg ex�ension charges, with interest thereon, lrom date of payment at the maxlmum
<br /> bgal rate.
<br /> As pruvided in the Bond securcd hereby,while this mortgagr�emains in effrc� thr murtgagre rtwy herealter udvancr additiunal sum�w the
<br /> rtwkers of said&md,their assigns ur succeswrs in interest,which sums shall be wtthin the srcuriry of this murtgege the same as the(unds uriginally
<br /> secured thereby,the total amount uf principal debt nut to rzcred xt any time thr unginal amounr o(this murtgage.
<br /> Dated this 28th. �r�t, November a.n..�y 77
<br /> _. - �
<br /> � )' �
<br /> `� / �i.wtc..�`�/ /+/ ir%....�_..
<br /> � . 1"2 s �1". � .
<br /> L�.�:r �r-�L..� .
<br /> Mary , Guire
<br /> srwre oF Neax,�sicn,( � a,�t,;$ 2gth, a,y�e Novembe r i y ]� ,beforc me,
<br /> COUNiY OF HALL� ,+
<br /> tht undersigned,a Notary Public in and for uid County,personalty pme }� .,y,m
<br /> � Thomas M. McGui re, Jr, and Mary A. McGui re, each i n hi s and he� owwn,h�i�h� andaas���u�sw t� "�ar��
<br /> af eacl� other �.
<br /> sle td be tM identical per�ons who�e name5 g►^e �ff'ized to Ihe above instruaxnt as�eortgaeo5 Ynd they severally �
<br /> ackaowkd�ed the said inttrument tu be t�i P' vulw�uuy�t r�ui JwJ.
<br /> 1�17'SriLSS u�y Ivuul ruJ I�uuu�rl Seri t}�Jrtn rtur¢rru1. ' .a..
<br /> My Commis�ion czproi --��� �
<br /> / ' _�
<br /> s�i�tY u � cc� a / / --�� � ,N arf y�yb�. —
<br /> � P .:..�..V - ... .. . �.' . .
<br /> _ J
<br />
|