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<br /> MORTGAGE
<br /> rMORTGAGE LOAN NO.� 22.893
<br /> KNOW ALL MEN BY THESE PRESENTS:That Robert �. Kane dtld �015 E. Kane, EdCh l tl I115 and her
<br /> own right and as spouse of each other
<br /> ' Mortgagor,whether one or more,in concideratiun of the wm of
<br /> jy�p`tK Two Thousand and Ne�100-------------------------------------------------DOLLwRs
<br /> loaned to wid mortgagor by The Equi[abte Building and Luan Association oCGrand lsland,Nebraska,Mortgagee,upon 22� shues of stock of
<br /> arid ASSOCIATIUN, Certificate No. L 22,893 ,do hereby grrnt, wnvey and mortgage unto the said ASSOCIATION tht following
<br /> described real estate,situated in Hall County, Nebraska:
<br /> THE SOUTHERLY NINETY.ONE FEET (591' ) OF LOT
<br /> FIVE (5), BtOCK EIGHT (8), ORIGINAL 70WN,
<br /> NOW CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> tc�ether with all the [enements, hereditaments and appurtenances thereunw belonging, including attached tlour cuvenngs,all window sareem,
<br /> window shades,blinds,swrm winduws,awnings,heating,air condrtioning,and plumbing and water equipmen[and acceswnes thereto,pumps,stovee,
<br /> rcfrigerators,and uthrr fix[ures and equipment nuw ur hereafter attached w ur used�n cunnec�ion with said real esUte.
<br /> AnJ whereas the said murtgrgor has agreed xnd dues hereby agree [ha� the mungagu� shiall xnd witl p�y all tazes rnd ycsesunente IevKd or
<br /> assessed upon said premius and upon this mortgage and the bond sewrcd thereby bafore the samc shall becume delinyuent;to furniih approved
<br /> insurance upon the buildings on sxid premises situated in the sum of$22 OOO.�� Payable W said ASSOCIATION and to dsliver to said
<br /> ASSOC'lA7'ION the policies for suid insurance;and not to commit ur permi�any waste un or abuut wid prcmises;
<br /> In csse uf default in the performana of any of[he terms und conditiuns o(Ihis�nurtgage ur the bond sewred hereby,the mort�ee shall,
<br /> on derwnd,be entitled to immediate pussessiun of the mortgaged premisKs and the mortgagur hertby aasigns, iransfers and seu over to the
<br /> mu[tgaget all the rents,revenues and inu�me tu be derived from the murtgYged premises duruig such time as the murtgr�e indabtednets shall remain
<br /> unpaid:and the mcxtgagee shall have the power w appoint any xgent ur agents it may desire for Ihe purpc�se of'rapairvtg said premiees and rmting
<br /> the srme anJ colkcting the rents,revenues and income,and it mxy pay out of said income all expenses uf rapairing said premius and neacsary
<br /> cummissions and expences incurred in rcnting and managing the same snd uf' collecting rentals therefrom; the balana rertuinin�, if any,to be
<br /> appiied toward the dis�:harga uf said mortgagr Indebtedness;these rights of the murtgager�nry be exercised at any time during the existence of such
<br /> default,irrespec[ive of any temporary waiver of the same.
<br /> Theae Presents,huwever,a�e upon the Condition,That i!the safd Murtgagor shall repay s•rid loan on ur befuro the maturity uf said shares by
<br /> payment;pey monthly to said ASSOCIATION uf the sum specified in the Bond�ccured hereby as interest and principal on said luan,on or befure
<br /> tlu Twentielh day of each and every month,until said loan is f'ully pa�d;pay xll tazes and assessments levied agains�sYid premises and on thic Murtgage
<br /> md the Bond secured thereby,before delinyuency;furnish xpproved insurance upon the buildings thcreun in the sum uf S22�00�.� payrbk
<br /> to said ASSOCIAI'ION;repay tu said ASSOCIATION upon demand all muney by it paid fur wch txxes,assesunents xnd insurance with interest at
<br /> . the maximum legal rute thereon from dute u(paymrnt all uf which Murtgagor hereby agrees w pay;{xrmit nu waste on said prerttises;keep and a�mply
<br /> with al)the agreements end wnditiuns of the Bund frn 522.000.00 this day given by the said Murt�agur w said ASSOCIATION,and wmply
<br /> with all Ihe requirements oC the Constitutiun und ByLaws of said ASSIX'IATION;then these presentx shall become null und vuid,utherwiae they
<br /> shyll remain in Cull force and may be foreclosed at the uption u(the said ASSOCIATlON af'ter failure (or three munths to make any of said
<br /> payments or be three months in arrears in making said munthly payments,or to keep and comply with the agreements and cunditians uf said Bund;
<br /> and Mortgagor agrees to Iwve a receiver appointed forthwith in such foreelosurc pruceedings.
<br /> . If there is any change in ownership of the real estate mortgaged herein,by sale or otherwiee,then the entirc mmaining indtbtednecs hereby
<br /> suureJ shall,at the opiion ot Thr Equitable Building and Lurn Assucisuo�u(Grand Island,Nebraelw,become unmedutely due and payabk vnthout
<br /> further nutice,and the amount remaining due under suid bond,and any other bond for rny additional advan�rs made thercmder,ehall,from the
<br /> date of exercise of said option,bear interest at the meximum legal rate,and this mortgage may then be fbreclosed to srtisfy the amount due on t�id
<br /> bond,md any other bond for additional advances,together with all cums pyid by said The Eqwtable Building xnd Luan Acwcution of C:rand Island,
<br /> Nebns�Ca for insurance,[a�ces and assessments,and abstncting extensiun charges, with interest thereon, f}om date of pqment at the mawmum
<br /> b6a1 rate.
<br /> As providtd in the Bond socured hertby,while this mortgage remains in effect the rtwrtgrgee may hereafter advance additionrl sums iu the
<br /> mdcers uf said Bond,theic rui`ns or suececwrs in interost,which sums shall be within the security of this mortgage[he same as the funds uriginaLy
<br /> �ecured thereby,the total amount of principal debt not to exceed at any time the original rmount of this monga�e.
<br /> ;�ea tn;s 15th aay�r November A.o.,i9 77
<br /> r � .c� l_: , ,
<br /> __�1 �. , f��x...� -� ' ��1��- ;
<br /> Robert C. Kene ��s .�
<br /> srw7'E��oEiews�.� �. o„t+�� 15th aay or November 19 7� ,bef�re me, �.�.. •�
<br /> the underai��ed.a Nntar Public in and for caid County personally wme
<br /> � Rebert C. Kane and Lois E. Ka�. each in his and her own rig�it and as spouse o� each � .�°
<br /> Oti!!Y whu a'„e perpnally known to _
<br /> ae to be t6e idr�stical per�oe S �vl►or naam 5 diixtd to rhe sM.r insrn�rnent as mort�o. 5 and th!'y 9e+�en3l�. . �
<br /> acknowkdged the aaid inrtrument to be �g�j r voluntary ut and deed. �,,
<br /> M111NESS my haael md Notvi�l Seal the drte doros�id.
<br /> 6ty Cemreinion ezpires
<br /> c..� _�..��s , r �v
<br /> 6CpCF/t M �RY �r.��MeCrasiu' ,.� N Ptib1K
<br /> 6�-O�ti �J� '..i .L:.Y /�� . �
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