|
I �
<br /> 77- �if}F��3��1
<br /> MORTGAGE
<br /> rMORTGAGF LOAN NO. �22�13 _
<br /> KNOW ALL MEN BY THESE PRESENTS:That Donal d L. HOIRIES and Shi rl ey A. Holmes. EdCFt 1 f1 hl S
<br /> and her own ri ght and as spouse of each other
<br /> Mortga�or,whether one or mo2,ir.cunsideration uf the sum of
<br /> Thirty Thousand and No/100---------------------------------------------------- ��LA�
<br /> luaned to said murtgugor by The Equitable Building and Luan Association of Grand Island,Nebrxska,Murtgagee,upon 3QQ shares of atock of
<br /> said ASSOCIATION,CertiPicale Nu. L 22,913 ,a�>hereby grant, convey and murtgage unto the�id ASS(X'lATION the fullowing
<br /> described real estate,situa[ed in Hall Cuunty,Nebraskn:
<br /> LOT ONE (1), IN EiLOCK TWO (2), I'J WESTROADS ESTATES
<br /> IN THE NORTH�EST QUARTER OF THE NORTHEAST QUARTER
<br /> (NW34tJE�-,) OF SECTION THIRTY FIVE (35) TOWNSHIP ELEVEN (11)
<br /> NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL
<br /> COUNTY, NEBRASKA.
<br /> together with all the tenemrnts, herednxments nnd appurtenances therountu belunging, mcluding auached tlour cuvenngs,ail window xroens,
<br /> winduw shades,blinds,sturm wmduws,awnings,heating,an cunditioning,and plwnbing and water eyu�p�nent xnd accessuries thereto,pumps,stuves,
<br /> rofrigerators,and other fixtures and eyuipmen[nuw�>r hereafter attached to ur used in cunnrctiun wuh uid rcel esta�c
<br /> And whereas thr xaid mortgngor has agrerd and Joes hrreby ngree th�t the mungngor shall and will pay all [axrs and asxssments levied ur
<br /> assessed upon said premisns and upun this murtgage and thr bund seu-1u d,{ e�y� brfi�re the snme sl�all become delinyuent:ro furnish approved
<br /> insurance upon the buildings un said prcmises siiva[rd in the sum of S 3V�u��•"0 payuble tu uid ASS(x'IAT10N and [u deliver to syid
<br /> ASSOC'IATION the p�dicies fur said insurance;and nut iu cummit ur permit any wasir on or abuut sxil promises.
<br /> In case of default in tha pert�ormance uf any of the terms and cundiiiuns oi this m�rtgage ur thr bund serured hrreby,thr mur[�ee iliall,
<br /> on demand,Ae entiUrd to immediate pussession oY thr mortgaged prrmius and the mungagur hrreby assigns, crnnsfers and sets uver w the
<br /> mortgagre xll tha rents,revenues and income to br derived from the murtgagrd premises during such[ime as the murtgage indebtedness shYll remain
<br /> unpyid;end thr murtgagee shall havt the puwer w appuint any agent ur ngents it may dea�re fur [he purpuse�1 repairing said premises and renting
<br /> the same and cullecting the rcats,rrvenurs end income,end it mry pay uut o( suid incume all ezpenses uf repuinng sx�d premises xnd ne�ssury
<br /> cummissiuns and rzpenus incurred in renting and managmg the snme and oC collecting rentnls therefrum; the balance remaining,if xny,to be
<br /> applied t�iward thr discharge ��C�eid murtgxge Indebtednesr.�hrse ngh�s-uf thr mungegrr inny be ezercised a[any time dunng the existence ut'such
<br /> default,irrespective of any tempurary waiver u(the same.
<br /> Thesc Presenu,huwever,are upon the Cundition.'That d the said Mungag�x.hall �epay snid luan un or befum the macunry uf srld shares by
<br /> payment:pay monthly ro said ASS(X'IATION uf thc sum sprertied m the Bund secured herrby es inierest xnd prmdpal on wid luxn,un or bnfore
<br /> the Twentieth Say uf rach and rvery month,until sa�d loan is fully pa�d;pay all taxes and assessments levied agains�uid premises andon this Mur[¢ape
<br /> and the BamJ sewred ihereby,befi�re delinyuency:turnuh appruved inswence upun thr buildings Umreun m the sum ot$ 30.��.� payabk
<br /> to seid ASSOCIATION�.repay tu said ASSOCIATION upun demand xll monry by ��paid fi�r such texes,nssessmm�ts and msurrnce with interest at
<br /> the maximum legrl rate thereun(mm date of paymeni ali ui which Mortgxgur hereby ugrees tu pey;permit nu waste on said premises:keep and wmply
<br /> with all the agrerments and conditiuns of the Bund fur S 3Q�QQQ.QQ this day grven by the seid M�>rtgagur w u�d ASSO(:IATION,and comply
<br /> with all ihe requiremems o(the Constitution and By-Laws of said ASSO('IATION; [hen thex prosents shall berome null and void,utherwise they
<br /> shall remain in lull (urce and mey be fureclosed at thr uphun uf the snid ASSO('IATION after feilure for three months w make yny of sald
<br /> payments ur be three mon�hs in an-ears in making said munthly paymrnts,or to kerp and cumply with ihn agrcements and�wnditions uf said Bund;
<br /> and Murtgxgur agrers to have a irceivrr appolnted furthwith in such foreclusurc proceedmgs.
<br /> If there is any ckangr in uwnership uf the reel escate murq5aged herein,by sale or otherwlse,2hon the entirc re�naining indebtedness hereby
<br /> eecured shall,at the option uf The Equitable Building and Luan Assucia�iun of Grand Island,Nebraska,become immediatoly due and pryable without
<br /> furthrr nutice, and the amount rertummg due under seid bond,xnd any uther bund for any additional advrn�:es made[hrreunder,shall,from the
<br /> date of exercise of said option,bear interest at the maximum legal rutr,and this murtgsge may then be Ibroclused to satisfy the amount due on said
<br /> bond,and any uther bond for additiunal advantts,togethrr with all sums paid by mid The Equitable Building and Loan Asce�ciation of(�rxnd Isirnd,
<br /> Nebraska for insurance,taxes and assessments,and abstrxcting extensun chargrs, wrth interest thereon, from date of payment at the maximum
<br /> legal rete.
<br /> As provided in the Bond secured hereby,while this mortgage remains in eftect the mortgogee muy hereafter advance additionri sumc to the
<br /> makers of said Bond,their asugns or succeswrs in interest,which sums shall be within the security of this mor[gage thr same as the funds urysinrlly
<br /> yecured thereby,the eotal amouni of principal debt not to exceed r[any tima thr uriglnal amuunt of this mortgagr.
<br /> e«a�w= 29th. �r<�� November n.n.,iy77
<br /> 1I�L'et-iGdl.A'.���`�i>1e�.�.,/ ��l�4��e�. 41 ,��Yr1�,.
<br /> na . s S ir ey Ho mes
<br /> STATE OF NEBRASKA, tt On this 29th. ciay of November 159] ,beforc me, ��
<br /> COUNTY OF HA4L�
<br /> . � the undersigned,a Notary 1'ubtic in and for said County,perso�wlly came �.. ,r:..
<br /> Oa�aid L. Holmes and Sh9rley A. Holmes, each in his and fier oMm ri t and as f �:`
<br /> t
<br /> eacfi other, _ - ° are ���kR°W°`°
<br /> me to be the idmttt:ai persons u�hose��.� are.`.��...�a�ed w ihe obutie uuiiwueui sa�uwtyag�� g ���.: t�1@y xvc�yi{y
<br /> a�euwlmi�ed the�ud metrwnent w be �� '�J^� -�oMle�a[Y�c(��d deed. .,,.
<br /> WlTNESS my lund a� YTRnI tlu datr'a�IDr�.
<br /> ' �'/
<br /> �. ,> /
<br /> My Comtniation expvesC? � '�7 /,�¢!4T`J : f `a � . .7 C
<br /> ,` � _�(....t L/iiur__..__ , .. _'�__ _._.__.___.
<br /> � . !�atarv Public
<br /> a.i-zr a� , �
<br />
|