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<br /> MORTGAGE
<br /> � MOR7GAGE LOAN NO L •9 MGI C
<br /> KNOW ALL MEN BY T'HESE PRESF.NTS:That Russel l L. Nock and Annette "�f. Hock, each 111 hl S and
<br /> her own right and as spouse of each other,
<br /> Mortgagor,whether une or more,in wnsideration of the sum of
<br /> Ten Thousand Three Hundred Fifty and NO��OO-------------------------------------- ppLLARS
<br /> loyned tu said rtwrtgagor by The Equitable Building and Luan Associatiun o(Grand Island,Nebraslca,Mortgagee,upon ��3 shares of stock of
<br /> said ASSOC'IATION,Certificate Nu. L2z 99R MGIC ,do hereby grant, convey and murtgxge unto the said ASSO('IATIUN the tbllowing
<br /> desc:ribed rexl estate,situated in Hall County,Nebraska:
<br /> THE SOUTH TEN (10) FEET OF LOT T�rJO (2), AND
<br /> ALL OF LOT THREE (3), IN BLOCK TWO (2) IN THE
<br /> FIFTH ADDITION TO CAIRO, HALL COUIJTY, NEBRASICA.
<br /> together with a❑ thr tenrmrnts,hercditaments und appurtenences Ihrreuntu belongmg, including ettact�ed f7our cuverings,all window sc:reens,
<br /> window shndes,blinds,sturm wlnduws,awnings,heeting,eir cundiuoning,and plumbing and water eyuipment and xccesuxies there[o,pumps,stoves,
<br /> rofrigeraWrs,and other fixtures and eyuipment now or hereafter attached to ur ured in cunnertion wdth said real esinte.
<br /> And whereas thr seid morigagur hrs agreed xnd does herrby agree diat the murtgagor shall and will pa}� xll taxes and asusa�nents levied ur
<br /> assessed upun said premises and upun ttus mortgagr and the bond sec �j{� t bv kefbre ihe same shall becume delu�yuent:to furnish approved
<br /> insurance upun the buildings�»i said prcmises situated in the sum ut 5��+.���•�V payable w snid ASSOCIATION and to deliver to said
<br /> ASSOCIATION thr p.�licies fur uid insurance;and not w mmmit or permit any waste un�x about said preimses:
<br /> In casr uf de(xult in Uu perfurmance uf any uf du termsand wnditions uf this mortgage ur ihe bond secured hrreby, the murt�ee sha11,
<br /> un demund, be entiLLed tu immediete pussession uf the murtgagrd premises an1 the murtgegur hereby assigns, transfers and sets uver to the
<br /> mortgagee ell the rcnts,revenues and income to be drrived from the murtgaged prrmixs during such time as dia murtgage indrbtedness shall remrin
<br /> unpaid;and the murtg�gee shall huve the pc�wer tu appuint any agen�ur agents it may desire fur thr purpuse o(repxiring said premises an6 renting
<br /> the same and collecting the rents,rrvenues and income,end it may pay uut of said income all exprnses o( repairing said premises and necessrry
<br /> commis�ions and exp�nses incurred in renting and mxnaging the seme and uf collechng rent•els therefrum: the belance remaining, if any,to be
<br /> applied tuward Ute dfxharge u(said murtgagr indrbtedness;these rights uf�he murtgagee may br exrrcised at eny time during the existenix of such
<br /> default,irrespective uf any temporary waiver u(the same.
<br /> These Prezents, huwever,are upon the Cunditiun,That if the said Murtgagor shall repay said loan on or before the maturity uf'said shares by
<br /> payment;pay munthly tu iaid AS50(.'IqT10N uf ihe sum spne�fied in the Bund secured he�eby as in[errst and princ�pal un said loen,un or be(ure
<br /> the Twentieth day uf each and every month,until seid loen is fully paid:pay ell taxes and assessmrnts levie3 against seid premises and un this Murtgage
<br /> and the Bond secured thereby,before drhnyuency:iurnish appruved inxurance upon thr buildings thereun in the sum u!$�0,350.0� peyable
<br /> to said ASSCX'IATION�,rrpay to said ASSOCIAI'IOti upun drnwnd all monry by it paid for such[axes, essessments and insurence with interest at
<br /> the maximum legal rate thereon frum date ul'payinrnt nll ot which Murtgagur hereby agrees w pay:prrmit nu waste on said premises;keep and cumply
<br /> with all the xgreements and condiGons uf the Bund(or$�O 3�0,�&,this Jay given by the said Mungagur a�said qSS(X'IATION,and comply
<br /> with all the reyuiremems of the Cons[itution and By•Laws oPsai A IATION: then these presenu shrll becume null and vold,otherwise they
<br /> shall remain in fuU fuice and may be foreclosed at the uptiun o(the snid ASSCK'IATION after Iaiiure lur three months tu muke nny uf said
<br /> pyyments ur be throe months in arrears in muking said munthly paymrnts,ur tu ke�p and cumply wi�h[he egroements and cundi[ions uf said Bund;
<br /> and Mortgagor agrres to have a receivrr appuinted furthwith in such fored��sure pruceedings.
<br /> I}'there is any change in ownership of ihe real estate murtgaged herein,by sele u� �therwise,then the emire remaining indebtedness hereby
<br /> secured shxll,at the optiun uf The F,yuitxble Building and Loan Aswcietion uf Grand Islend,Nrbraska,become immediately due and payable without
<br /> further notice,and the amount remaining due under said bund,and any other bond for any additiunal advances made thereunder,shaU,tiom the
<br /> date o(exercix of said uption,bear interest nt the maximum legal rate,and this mortgage mry then be foreclosed to satisfy the amount due on said
<br /> bond,and xny other bond for additional advances,together with all sums paid by sxid The E:yuitable Building an3 Luan qssociatiun of Grand Islrnd,
<br /> NtbraJca(ur insurancr,taxes and assessments,and abstracting extension charges, with in[erost thereon, frum da[e uC payment at the maximum
<br /> legal rate.
<br /> As provided in the Bund secured hereby,while this mortgage remains in effect the mortgagee may hereafcer advan�;e additional sums tu the
<br /> malcers of said Bond,their assigns ur succeswrs in interest,which sums shall be within the srcurity uf this mortgagt the same as the(unds unginally
<br /> cecured thereby,the total amount u(principal debt not to rxceed at any time the uriginal emount of this mortgage.
<br /> �,t�a�w6 8th• d,y�r December A �,�y 77
<br /> /cS.e.�fiS S.fi�, .� � -o�r.lr, _ ( c. � �., � /I' •'�:+R:
<br /> Russell L. Hock Annette P1. Hock
<br /> STATE OF NEBRASKA,( 8th. December 77 .
<br /> COUNTY OF HALI,� �� On[his day of �v ,before me, �^
<br /> 4 �x
<br /> � the undersigned,a Notary Pubtic in ynd fur srld Cuunty,personally came ��
<br /> R u s s e l l L. H o c k a n d M n e t t e M. H o c k, e a c h i n h i s a n d h e r o w n r i g h tW�o d asrn s p o�����fy�n�Wn�� ��
<br /> t�N�� csun 5 wh�►e wune s are �fPutad w ilx ybovc wauwt�ent rs mortgsgor S end they sevrwltV
<br /> �yr �� ,�iud rument to be the i r voluntary act and deed.
<br /> i � ��'IN my hand and Noterid Serl the date aCoresaid. �{
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