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<br /> ��- �G'7� 5 9
<br /> MORTGAGE
<br /> � MORTGAGE LOAN NO. L 22.932
<br /> KNOW ALL MEN BY T'HESE PRESEN7'S:That Robert E. Bi rd and Genevi eve M. Bi rd. each i n hi s
<br /> and her own right and as spouse of each other,
<br /> Mortgagor,whether one or more,in consideratian of the sum of
<br /> Forty Thousand and No/100---------------------------------------------------------no�L�Rs
<br /> lwned�o said murtgagor by The Equitable Building and Luan Assuciation of Grand Islat�d,hebraska,Murtgagee,upon 4�� sharea of stock of
<br /> caid ASSOCIATION, Certificate No. L pp 932 ,do hereby grant, convey and mortgage untu the said ASSOCIATION the following
<br /> described real estate,siluated in Hall County,Itlebreska:
<br /> Fractional Lot Ten (10) In Fractional Block Seven (7)
<br /> In Wasmer's Addition To The City Of Grand Island,Nebraska,
<br /> And Its Cortq�lement: The Easterly Fifty Four Feet (54') of
<br /> Fractional Lot Eight (8) In Fractional Rlock Twenty One (21)
<br /> In Kernohan & Decker's Addition To The City of Grand Island,
<br /> Hall County, Nebraska.
<br /> together with ali the tene�nents, hereditumrnts and appur�rnances thereuntu belonging,induding xttached fluor coverings,all winduw screens,
<br /> wlndow shades,blinds,storm wmduws,awnings,heating,ai�cundinuning,and plwnbing and water equipment and acctssuries theroto,pumps,stovec,
<br /> refrigerators,ynd uther fixtures and eyuipment now ur hereafter attached to ur used m cunnecaon with sxid real estate.
<br /> And whereYs the said mmtgagor has xgreed and does hereby agree that the murtgagor shall xnd wi11 pay all taxes and accecsmrnts levied or
<br /> assessed upon said premises and upun th�s murtgagr and the bund securzd thereby be(�.re the same shall become delinyuent;to furnisf�appruved
<br /> ineurynce upon the buildings on said premises situated in the sum of�{Q�QQQ.QQ payable w mid ASS(X1A1'lON and to dtliver to said
<br /> ASSOCIATION the policies fur seid insurance;and nut to commit or permit any waste on ur about said premises;
<br /> In cust of defaut[in the per(ormance ol'any uf�he terms and conditions o(this mortgage or the bond securcd hereby,the mortgagee shall,
<br /> un demand,be entiUed w immedute possession uf the mongaged premises and the murtgagor hereby assigns, transfers and sets over tu the
<br /> mortgagee all the renis,revenues and iacome tu be derived from the murtgaged premises during such time as the mortgage indebtedness ahall remain
<br /> unprid:and the murtgagee shall have the power to xppoint any agent or agrnts i� may drsire fur the purpuse of repairing said premiws at�d rmting
<br /> the same and wllecting the rents,revenues and income,and it may pay out of said ina>me xll ezpenses of repuring said premises and necessary
<br /> commissions and exptnses incurred in rmting and managing[he same and of collecting rentels theretrom; the balance remaining,if any,to be
<br /> applied toward lhe discharge uf wid mortgage indebtedness',thesr rights of the mortgagee mey be exercised at any time during the existence of such
<br /> default,irrnspective of any temporary waiver of the same.
<br /> Thcse Presente,huwever,are upon the CundiGon,That if the sa�d Murtgngur shall repxy said loan on or before the maturity of srid shsrec by
<br /> paymeni;pay monthly to said ASS(X'tATION uf the sum specified in the Bund iecurod hereby as in[erest and principal on said loyn,un ur before
<br /> the Twentieth day uf eych and every month,until said luan is fully paid;pay aJl taxes and assessments levitd aguinst said premises and on thu Mortgage
<br /> u+d the Bund secured thereby,befure delinyuency;lumish approved�nsuranct upon the bwidings thereun in the sum of$4O��0.00 payable
<br /> to srid ASSOCIATION;repyy tu said ASSOC'IATION upon demand all money by it paid f'or such taxes,assessments dnd insurance with interest at
<br /> the maximum legal rate thereun from dnte of payment all uf which Murtgagor hereby agrees tu pay:permit nu waste on said premises;keep and wmply
<br /> with xll the xgreements and a�nditions of the Bund fur$an nn/� nn this day given by[he said Mortgagur W said ASS(x1AT10N,and comply
<br /> �vith all the requirements uf the Constitutiun and By-Law3'61ffi1kC�SSDCIAT'ION:Ihrn these presents xtull becume null and void,utherwise they
<br /> ehall remain in full furce and rnay be foroclosed at the optiun of the said ASSOCIATION aPter failure for three months to rruke rny of seid
<br /> pryments or be three munths in arrears in making said munthly payments,or to keep and cumply with the agreemenes and cunditions uf said Bond;
<br /> and Mortgagor agrees to have a recriver appointed funhwith in such fuceclosurc proceedings.
<br /> If there Ys any change in uwnership of the real esute mortgageJ herein,by sale ur otherwise,[hen the en[ire remaining indebteMets hereby
<br /> secwed shall,at the uption of The Eqw[abie Building xnd Loan Association of Crand Islund,Nebraskr,bewme immediately due and psyabk without
<br /> fwtiter notice,and the xmouni remaining due under said bond, and any uther bund for any additiunal advances made themun3er,shrll,frum the
<br /> dale of exercix of srid option,bear interest al the maxunum legal rate,and this murtgage may then be fureclosed to satis(y the amount due on said
<br /> bond,ynd any uther kwnd for additional advances,together with all sums paid by said The Equitable BuJding and Luan Association of Grand Island,
<br /> Nebracka for insurance,taxes and assessments,and abstracung eztension charges, with intercst thereon, from date uf payment at the maximum
<br /> le�al rate.
<br /> As provided in the Bond secured hereby,while this mortgvge remains in effect the mortgagee may hereafter advance additiunal sums to the
<br /> makers of s�id Bond,their assigns or successors in interest,which sums shall be within the security of this mortgrge the sxme as the funds origina0y
<br /> �ecured thereby,the told amount of principal debt not to exczed at any time the original amount of this mortgage.
<br /> na�e/a� �1 12th day oJr pecember A °,j9 77
<br /> �.//�'L'.. �^� _ y�K�-2�/ �'.C� , _',., . a ��ry� ', �.
<br /> -1.-'a/" � � I -,.' ..�� � -�/ %Z�r j J.-
<br /> ��� GeneVieve M. Bird
<br /> STAT£OF NEBItASKA.�� a,��,;s 12th asy or December ie 71 ,n�rorc�, . �'
<br /> counrn oF r�wir. ^ �
<br /> � � the undersigne?,a Notary Public in and for said County,parsonylly came ���
<br /> Rabert E. Bi rd and Geneviev�e M. Bi rd, each i n hi s and her own ri gh whandare sp��e�y�Wc°h�o ��'�.�:,
<br /> other,
<br /> ae to be tl�s ideatical penon 5 whoce name 5 dre affixed to the abuve in�ent as mortgagor 5 and they ��r�uy
<br /> �
<br /> adceovMdpd tAe�ud mrtrumont to be t�1e1!" volunury act�ed deed. ��
<br /> / � �_,\
<br /> �_......�.--...iMlN�wYed aed Notarul Seal the d�u atoresud. i � � .»�.
<br /> t �NtRA!NOIARY tf u�M�:t�r T � —
<br /> �, JAMCS�/'I��S��tX�i�Os ,
<br /> MY(.wR��rl.Ex{,,fYGr.
<br /> v� Nc��ery Pvhii�
<br /> � Z, �-ls 7�j �
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