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<br /> MORTGAGE
<br /> MORTGAGk'.LOAN NO. ._.1,._ PZ,941 __
<br /> fKNOW ALL MEN BY THESE PRESENTS:That JdIItES T. Pi rnie and Susan D. Pi rnie, each 1� h15 dtld
<br /> her own right and as spouse of each other
<br /> Mortgygor,whether one or more,in wnsideratiun uf the sum of
<br /> Thirty Thousand and No/100------------------------------------------------------- oo[.Lwxs
<br /> Icuned to said mortgagor by The Eqwtable Building and Luan Aswciation of Grand Isiand,Nebraska,Mortgagee,upon 3�� shares of stock of
<br /> said ASSOCIATION, Certificate No. L 22.941 ,do hereby grant, comey and mortgage unw the sa�d ASSO('IATION the Collowing
<br /> described real rstate, situated in Hxll County, Nebraslca:
<br /> LOT ELEVEN {11) AND THE EASTERLY FIVE FEET
<br /> (5') OF LOT TEN (10), IN BLOCK ONE (1), IN
<br /> PLEASANT VIEW FOURTH ADDITION TO THE CITV
<br /> OF GRAND ISLAND, NEBRASKA.
<br /> tugether with all the �enements,heroditaments and appurtrnances thrreunto brl�nging,mcluding attached ilo�r cuverings,ail window scroens,
<br /> winduw shades,blinds, sturm winduws,ewnmgs,heating,air cund�twning,and plumbing and water eyuipment and acceswnes thereto,pumps,stovec,
<br /> refrigeraturs,and other 1'ixtures and eyuiprnem now or hereafter attached tu or used m cunnectiun wlih sa�d�rel estate.
<br /> And whereas ihe wid mortgagor has agreed and dues hercby agree thai thr murtgugur shall and will pay ell taxes and asusunrnts levied or
<br /> assessed upon said premises and upon this mortgagr and thr bond securcd thrreby brfure the same shall become delinyuenC to furnish approved
<br /> insurance upun tha bu�ldmgs un said premixs situatrd m the sum ul$ 3�.���.�� payable �u said ASS(X�IATION and tu debver to said
<br /> ASSOCIATION the policies fur w�d insurance:und noi tu commit ur permit any waste un ur ubuut ui1 premius;
<br /> In cyse of default in the perfurrtwnce uf any o(ihe terms and rundiuuns uf this murtgage or ihe bond secured heroby,the murtga�ee shall,
<br /> on dertwnd,be enti�led iu immediate pussessiun of the nwrtgxgrd premisrs and the murtgagur herrby xssigns, transfrrs and su[s over to the
<br /> murtgagen all the rents,revenues xnd incume tu be derived from the mortgagrd premises during such umr as thr mortgage indebtednesx shall remau�
<br /> unpaid;and the mortgagee shall have�he puwer tu appuint arry xgent ur agents it may desire fur the purpuse of repairing said premises ynd renting
<br /> the srme and collecting the ren�s,revenues and inu�me,and it may pay uut of said incume all ezpenses uf repairing said premises ynd neceesary
<br /> commissions and exprnses incurred in renting and managine the same and uf .:olleciing rcntals therefrom: the balance remainin�{,if any, to be
<br /> rpplied toward the d�scharge of said murtgagr indrbtedness:these rights o(the murtgagne may br exercised rt any time during the existence of such
<br /> default,irrespectivr uf any temporary waiver of the samr.
<br /> These Prrsenis,huwevrr,are upon the Cunditiun,Thet d the sa�d Murtgag�r shall repny seid I�an un or be(ore the metunry �f sald shares by
<br /> paymenC pyy monthly w said ASSCX'IATION uf thr sum spec�tied m ihe E3und secured hereby as mcerost and pnnc�pxl un said luen,on or before
<br /> the Twentieth Jay uf rach and rvrq-munth,until said luan is fully paid:pay all taxrs and assessmen�s levied against uid premises and on tlus Mortgage
<br /> and the Bond secured thercby,befure delinyuency:turmsh appruvrd msurancr upon ihr bwldmgs thrreun in the sum uf Ei0�OQ�,OQ payable
<br /> to said ASSOCIATIOh:repay to said ASS(.X IATION upon Jemand all munry by it paid tix such taxes,asaessments nnd insurance with interost xt
<br /> the maximum legal rate thereun 1'rom date o(peymeni all uf whirh Murigagur hereby ugrees w pay:permn no was[e un sa�d premises;keap xnd cumply
<br /> with all the egrerments and condi�iuns of the Bund for$ 3�.���.�Qhu dny grven by the said M.�rtgxgur ro said ASS(x'IATION,and wmply
<br /> with all the requirements of the ConsGWtion xnd By•Laws u(said ASSO(7ATtUN;then these prcsents shall bocume null and vuid,utherwiae they
<br /> shall remain in full lurce end may be foreclosed at the uphun uf the sa�d ASSO('IATIUN alter tailure lur three munths tu rtuike any of s�+�d
<br /> paymenu ur be three mumhs in erreers in mak�ng said muntt�ly peymrnis.or tu krrp and curt�ply wlth�he agrrrmam.s and c�nditions uf syid Bond:
<br /> and Murtgagor agrees�u have a receiver appointed forthw�th in such(ureclusurr proteedmgs.
<br /> !f there is any chxnge in uwnersh�pul'the rerl estxce mor[gaged herem, by srle ur utherw��se, Qien tht zntirc rrnvinutg mdebtednexs hercby
<br /> secured shall,at thr option of The Equitable Build�ng and Luan Aesocwt�un ut Grand Islund,Nebrrska,bewmr immedutety due and payable wrttwut
<br /> (urther nutice,ynd the amuunt �emrining due under said bund, and any u�her bond for yny additional advances rtwde therrunder,shall,from the
<br /> date of exercise uf said uption,beyr�ntrrest et the maximum legal rete,and this murq{rge may[hen bt foreclosed to satiily the xmuunt due on cud
<br /> bond,and rny other bond(or additiunal advances,tugether with yll sums paid by swd The Equi[able Bwldiryg and Luan Assucir[iun uf Grynd Island,
<br /> Nebraska for insurance,taxas and xssessnxnts,and abs�rscting eztension chxrgrs, w��h interost thereon, Irom date uf payment rt the maximum
<br /> kgal rate.
<br /> As provided in the NonJ secured hereby,while this mort�ge rcmeins �n a(fect the murtgrgee nwy hercafter advance addwona!sums to the
<br /> mxkers uf said Bund,theu assigns or auc�essurs fn interest,which sums shnll br within the �ecuury oi thi>munµage ihe urnr as the funde urigimlly
<br /> secured thereby,the total amuunt uf principal debt not tu exceed at any time the uriginal amount of this mortgage.
<br /> p�c�a�ws 15th ,�y�r_ December n.�.�y 77
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<br /> Susan D. Pirnie
<br /> STAl'E OF NEBRASKA, � �i�t� 15th �,y„� Decembe r �y 77
<br /> COUTJIY OF HALL� ,be(ure me, �
<br /> the unde�e,a Notxry Public�n and fcx said Counry, perx�nally came �'� °
<br /> � Jaa�es T.Pirnie and Susan D.Pirnie, each in his an� ►+er own right and as spouse of each ,,�
<br /> otfier "'h� are P����Y�nownw ,�
<br /> me to be the idewtipl pettons whose na:ro5 a re affuced to the above inst�y�wewt�ax mwtg�u�5 rnd they ��rallY ������,.��
<br /> aolceo�vbd�ed the aid in�ruma�t to be t�i r wluwtary ac�aod deed. % -, .
<br /> iVl'f71ESS mv tund+u�d Notrrial Snal[he drte rfure�rid. . �'� '/ � -'�
<br /> MY Commiawn exQues �.r l > � = L�' { �`� � . � ••
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<br /> � � Nutary Public
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