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<br /> 77- U C►'�0 71
<br /> MORTGAGE
<br /> ----- MORTcncr.�.owti n�o._�2>910
<br /> rKNOW ALL MEN BY THESE PRESENTS:That Leonard C. Rudol f� a si ngle person,
<br /> _Mortgagor_whethzr one ur mure,in cunsideration of the sum of
<br /> Five Thousand Five Hundred a�d No/100----__-_____ ______________ l���A�
<br /> loaned w said mortgagor by The F:quitable Building and Luen Aswciatiun uf Grand Island,Nebreska,Mongagee,upon 55 shares uf stock of
<br /> said ASSOCIATION, Certificate No. L 22.9�� ,du hereby grant, convey and murtgage untu thr sa�d ASS(X'IATION the fullowing
<br /> described real estate, situated in Hall Cuunty, Nebraska:
<br /> FRACTIONAL LOT SIX (6) IN BLOCK THREE (3)
<br /> NAGY`S ADDTTION TO GRAND ISLAND, NE3RASKA,
<br /> AND COMPLEMENT FRACTIONAL LOT SIX (6) IN
<br /> QLOCK THREE (3), ORIGINAL TOWN, N06� CITY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> together with ali the trnrments, hereditamrnts and appw��tn�nces thrrcuna� brl�>n�:mg,iucludmg attxched �loor cuvrnngs, all w�ndow xreens,
<br /> window shades,blinds,sturm winduws,awn�ngs,heating,air c.,nd�Guning,and plurnbin�.and warer eywpment end accessurirs thereto,pumps,stoves,
<br /> refrigerator�,and other fixturrs and eyuipment now or herza(�er attached tu ur useJ in�unnrruun with seiS raal rstate.
<br /> And whereas the said mortgagur hes agrerd nnd dues hereby agrre that thr �nui�gagur shull and w�ll pay xll �axrs and assess�nents levitd ur
<br /> assessed upon saiJ prcmisrs and upon ihis mortguge and the bund srcured thrrebc brfore �l�r same shxll bteome deLnyuent;to furnist�appr�ved
<br /> insurancr upun the buildings on aaid prenusrs situated in thr swn of S5 500.00 payvhle tu sa�d ASS(X'IATIUN and [u drliver w seid
<br /> ASSOC'IAT10N the pulicies 1'ur said insurance;and nut ro wmmit ur permit any wes[r on or abuut said premisrs-.
<br /> In cese ul�Sefault in the per(urmance uf any��f the terms end wnditions of this mungage ur the bund secured hereby,[he mortgxgre shall,
<br /> on demand, be entiUed w immrdiate pussess�un uf the murtgaged premixs and ihr munKagur hrreby assigns, n�ansfers and srts over tu the
<br /> mortgagee all the rrnts,revenues end mcomr w be derived t�om thr m.>rtgaged prernisas du�ing such timr ns ihe murtgagr indebtedness shall renuin
<br /> unpaid:nnd the murigngee shall have che puwrr tu appuint�ny agent ur agrnts it may dnshe (��r tl�r purpuse uf ropainng snid premises and renting
<br /> the same and cullecting thr renu,revenues and incume,and it mey pay uut �f wid mcumr all rxprnses o1 ropeinng uwid premises xnd necessary
<br /> commiss�uns and rxpenses mcurrrd in renhng and managing thr samr an1 of cullerting rrntels thercfrum: the balance remaining, If any,ro be
<br /> applied tuward t}�e dischnrge uf said murtgxRe mdehtednes's;these righ�s.>f[he mortgxgee may be ezerc�sed at any time during the existence uf such
<br /> defaull,irrrsprctivr uf nny trmq�rary waivrr u(the same.
<br /> Thesr Presents,h��wever,arc upun the Cunditwn.Thn�if thr�id Murtgagur shall rcp�� uid luan on ur belure the maturity �f said sharcs by
<br /> peytnent:pay monthiy W s�W ASS(K'IATION uf the sum eprcified in ihe Bond serured hercby ns interest end principel on seid luan,un ur he(ure
<br /> the Tweniieth day uf rech and rvery monih,until said luan is fullp p��d:pxy all iazes and asse.smrnis IevieJ aguinn seid premisrs und un this Mortgage
<br /> and thr Bund secured thereby,be(urr drlinyuen�y�,furnish appr�ved insurunce upun the buildings�lirrcun in�he>um ui S 5 s50�.�0 peyablr
<br /> to said ASS(x'IATION�, repay to sald ASS(X'IATIO'J uExro demund�II m�mev by It paW fi�r such�uxes,assesmienis and insurrnce with inromst at
<br /> the muximum legel rate thereon(rom da�r uf pxymrn�all u(which Murtgagor hercby agrers tu pay:permi[n�waste un sa�d premises:knep nnd comply
<br /> with ell tY�e agrerments and conlitiuns��I the Bond fur 5 5�500 00 this dey given by �he said M�xtgag.�r to uid qSSCX1AT10N,and cumply
<br /> with all the reyuirrmen[s uf thr CunsGtution and By-Lews of'sa�d ASSIX'IAT70N;thrn theu presents shall bo��ume null xnd vuld,u[herwl�e they
<br /> sha❑ remam m lull (ur« and �ney be lurcclused ai the�ptiun uf the vld ASSIX�IATION nfter fxllure tc,r thrce munths tu �r�akr any of sald
<br /> payments��r be three munths in ur�ran in mxking seid munthly paymrnts,u� io keep and eurnply wi[h the rgreemen�s and rundiUons uf said Bond;
<br /> and Morlgagur agrers iu havr a recrrver appu�nted�'urthwuh in such turrcl��surr prucredings.
<br /> 1(there Is any changr in uwnership ol the rexl esta�r murtgaged hrrrm, by sale ur otherwise, then thr ennre rcmaining indebtrdnrss hereby
<br /> secured shall,et thr uptiun of The l�.yuitablr Building end Luan Assuciatiun u(Grand Island,Urbraska,become�mmediatety due snd payable withuu[
<br /> furthr� notirr,and ihr emuunt rcmammg due undrr said bund, and;fny uthrr bund tur any-additwnal xdvances r�ude thereundrr,shall,tiwn the
<br /> date uf exrrcise of said uption,bear intercst at the maximum legal ratr,and th�s murtgage may chen be toreduaed w sahsf'y the amount due on syid
<br /> bund,xnd any uthrr bond fo�additional edvances,wgether with xIl sums paid by sald Thr Eywteble duilding and Luan Associatiun uf Grand Island,
<br /> Nebreska lur insurance,taxes and assessments,und abstracung rxtensiun charges, wnh intercst thrreun, from date uf payment at the maximwn
<br /> legal rate.
<br /> As pruviJed m the Bund srcured hereby,whilr this murtgagr rrmams in effrct thr mortgagee may herea!'ter advanee aJdrtiunel sums w the
<br /> makers uf wid Bund,their ass�gns ur succrsu�rs in mterest,which sums shall be within the srcuriry ul this mortgage thr same as the funds or�inxlly
<br /> secured thereby,the totnl amount of principal drbt nut tu excred at any timr the onQjnal amount of this mortgage.
<br /> Dated this 28th. day��� November a t�,i477
<br /> .���:�.��_:'.�
<br /> � ,�. .
<br /> Leonard C. Rudolf �
<br /> STATE OF NEBRASKA, � On this Q$t}�, day uf November 19]] ,before me,
<br /> COUNl'Y OF HALL
<br /> the undersigned,a Notary Public m and fur said Cuunty,perwnally came
<br /> L Leonard C. Rudolf, a single person
<br /> whu 1 S perwnally known to
<br /> me Io be the ide+ntical perwn whose name 1 S affixed to the above�nstrum s murtgagur and he �X
<br /> uknnwkdsed the�id irtrirument to be hl 5 �olunta:�a.t;u�.:3ee�. r � .`\ ..'
<br /> VMSTVESS m�hand and ti�iuial Scrl tl��3ste af.;cesai�. ' ' �`�
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<br /> My Commntion ezpires 'i� // �,�
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