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<br /> � MORTGAGC•.LOAN NO. L 2Z�9�P
<br /> KIJOW ALL MEN BY THESE PRESENTS:Thac Ki rk L. Nel son and Susan L. Nel son each i n hi s and
<br /> her own right and as spouse of each other
<br /> Mortgagor_whether une ur more,in consideration of the sum of
<br /> Thirty Two Thousand and No/100--------------------- __��LA�
<br /> loaned to srid mortgagor by The Equ�table Building and Luan Associauon of Grand Island,Nebraska,Murtgagee,upon 320 shares of stock uf
<br /> soid ASSOCIATION, Certifiwte Nu. L 22 ,du herrby grant, convey and mortgage unw [he said ASSO('1AT10N the following
<br /> deuribed real estate, situated in Hall Coun��ebraska:
<br /> LOT THIRTY-TWO (32) IN ISLAND ACRES No. 7, A SUBDIVISION OF PART OF
<br /> FRACTIONAL SECTION SEVEN (7); PART OF THE WEST HALF OF THE WEST HALF (WZW�} OF
<br /> SECTION EI6HT (8); AND PART OF LOT TWENTY-FOUR (24), ISLA,ND ACRES, ALL IN
<br /> TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., IN THE CITY
<br /> OF GRAND ISLAND. HALL COUNTV, NEBRASKA.
<br /> together with all the eenemen�s, he�ednaments and appurtenances thrreunt�> brlungmg, mcludmg attached tluur cuvenngs, all window screens,
<br /> window shades,bhnds, swrm winduws,awnmgs,heatmg,au cunJ�tioning,and plwnbmg and weter zyuipment an1 ncceswnes therctu,pumps,stoves,
<br /> re(rigeraturs,and other lixtures and rywpment nuw ur hercafter attached tu or usrJ m runnectiun w�th sa�d real astate.
<br /> And whereas the ��d murtgagur hes agreeJ and dues hercby agree tha� thr murigagur shall and will pay ell taxes and assessmrnts levied or
<br /> assessed up�m w�d prcm�srs xnd up.m thrs mortgagr and thr bund securcd ihrreby� hrturr the same shall becume delinyuent;w furnish approved
<br /> insuran�x upun the bwidings un sa�d prrmises situateJ in the sum of c3P�Q��.U� payable to said ASSOC'IATION and w delivtt [o said
<br /> ASSOCIATION the p�l�cies for mid insuran��e�,end nut w commit ur permit any waste on ur abuut saiJ premises;
<br /> In case uf default in the perf'ormancr uf xny ol thr terme and cund�tions u(th�s murtgage or the bund secured hereby,tha mortgagee shatl,
<br /> on lenund, be entitled to immediate pussessiun.�f ihr murtgxged premises and thr murtgeg�x hereby assigns, trans(ers xnd sets over to the
<br /> murtgagee all the renta,revenues and mwme w br drrived frum the mu�cgagrJ p�rmises during such timc as che mortgage inlebtednrss shall remain
<br /> unpaid:end thr mungagee shail huve the power tu appuint any agem��r egents it may drvrr t�ir the purpou u(repniring said premises and renting
<br /> thr syme and cullecting the rents,revenurs and income,and u may pay oui uf said income a!I expenses uf repxiring said premises and neustary
<br /> cumm�ssiuns •and ezpenses mcurred In renting and maneging thr same and uf culircting rentals therefrom�, the balance remuining, if any,to be
<br /> applied tuwerd the dischargr uf sxid mortgage inlrbtedness;these rights ut ihr murtgagee may be ezerc�sed at any time during the existence of such
<br /> de(ault,irrrsprciive of any irmporary w�arver u(the same.
<br /> These Presents,howevr�,arr upun the CunSinun,That rt the sald Murtgag��r�hull repay sa�d I.�an un ur befure the mawri[y uf'sald sharos by
<br /> payment:pay munthiy tu sxld pS5(X'IATION of thr sum specrf�ied m the Bund securcd herrby e� interest end principal un said luan,on or befbrn
<br /> the Twenueth day ul'r•ech and rverq mun(h,until said loan�s f ully paid:pay all trzes and ussessmenis lavied against said premises end on this Murtgage
<br /> and�he Bond secured ehereby,beti�re delinquency:fumish approved msurance upun ihe buildings thereon m the sum of 5 32�QQ�.QD payable
<br /> tu said ASSOCIATIOh:rrpay to said ASSOC'IATION up�m dzmand ail muney by it pxid fur such taxes,assessments nnd insurance with in[erest at
<br /> tha maximum legal rate thereun(rom date uf'payment ell ot whlch Murtgagur hrirby agrees to p;�y�,permit nu weste on said prcmises:knep and cumply
<br /> wi�h all the agreements and conditluns uY the Bond Iur S 32.Q�O.�� this day grven by the said Mortg,agur to said ASS(x:lAT10N,and comply
<br /> �vith all the rrqwrements u(the Cunstltuuun and By-Laws uf sald ASS(X'IATION;then theu presen[s shall become null and voiA,otherw�se[hey
<br /> shall remain in (ull furcr and may br ti�rocbsed ut the ophun uf�he said ASSQ('Ip"1'IUN nfter lai�urc tiir three munths w make xny of uid
<br /> p�yments u� be thrre months m nrrears m making said munthly paymenu,ur W keep a��d vmply wlth the xgreements and cunditions of said Bond;
<br /> and Mortgagur agrees w havr a�eceivrr appulnted furthwith m such(ureclusure pruceedmgs.
<br /> I(therc Is any chynge m�wnrrship ol thr real estete mur[gaged herem, by wle u� utherwlse, chen the entlm remaining indebtedneas hereby
<br /> secured shall,�t�hr op�ion of Thr hyunable Building�nd Loan Associytion uf(;rend Islund,Nebraska,become immediately dut and payable withuut
<br /> further nouce,and the amuunt remxmmg due undri w�d 6und,xnd any other bond(or any additional advrnces rtude thereunder,shall,from the
<br /> date of nzercise u!said uption,bra�mcerest at the maximum legrl rate,and this murtgxge inay then be fbroclused to satisfy the amount due un said
<br /> twad,und any other bund for additiunal advances,tugether with all sums paid by said The Equitable Building and Loan Axwciation of Grand Island,
<br /> Nebraska for insurance,taxes and assescments,and abstracting rxcension charges, wnh mterrst theroon, from date uf payment at the maximum
<br /> leeal rate.
<br /> As provided in the Bund xcured herrby,whilr[hu nwit�5e ienu�ns in rffrct the nwn�ce nwy herealter advence additional sums to the
<br /> mrlcers of said Bond,their acsigna ur successon m interrst,wtuch sums shall be w�tlun the ucurity of[his murtgage the same as the funds uriginally
<br /> secured thereby,the total ymoum uf principal debt wt to exixed at any time the original amuunt of ihis mortgxge.
<br /> Dated chix 29th. 1ey�,r November n.n.,i�7
<br /> '���. . � �f -'i l; ;
<br /> • e son --- —
<br /> �-�'����'" /�='<-�''= :� .
<br /> Susan l. Nelso�
<br /> STATEOFNEBRASKA,�� ��ws 29th. myor Noverr�er �v77 ,�r�«„�,
<br /> COUNTY OF HALL ^
<br /> the under ned,a Nota Public in and for said Count �> a
<br /> �� � ry Y,personally umt .
<br /> Xirk L. Nelsor� and Susan L. Nelson, each in his and�ier ow� right and as spouse of each f�,
<br /> O�lr whu are P�rsonally Icnown to ,,.�+�:.
<br /> se to be t6a identical peno� �vho�e w�pr5 A1"2 affized to the above instrumyyt-n�urtgiy�or S and thex _ severally
<br /> .eknovleapa�he.ra.ucnnnewt w ee thei r rdw+�uy.ct.na aeed. � -, � �
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