|
� �
<br /> 7%-0 0'7 2 3 y
<br /> MORTGAGE
<br /> � MORTGAGE LOAN NO. � 22.940
<br /> KNOWALLMENBYTHESEPRESENTS:That ��ifford L. Jewell and Susan K. Jewell, each in his
<br /> and her own right and as spouse of each other,
<br /> Mortgagor,whethnr one or mure_in_onsideration of[he sum of
<br /> Seven Thousand Five Hundred and No/100--------- .�L�A�
<br /> loaned to said mortgagor by The Equitabk Building and Luan Aswciation of Grand Istand,Nebraska,Mortgagee,upon �5 shares of stock of
<br /> caid ASSOCIATION,Certificate No. L 22.940 ,du hereby grant, convey and mortgage unto the said ASSOCIATION the foUowing
<br /> described real estate,situsted in Hall County, Nebraska:
<br /> LOT THIRTEEN (13), IN BLOCK TEN (10) IN
<br /> THE ORIGINAL T0:lN OF CAIRO, HALL COUP�TY.
<br /> NE3RASKA.
<br /> tugether with all the tenements, heredrtaments and appunrnnn�•rs thereun[u belonging, including ettached Oour wverings, all winduw screens,
<br /> window shades,blinds,swrm winduws,awnings,heeting,air cundmuning,an�i plumbing en1 water nywpment and acceswries thereto,pumps,stoves,
<br /> refrigerators,and uther fixtures and equipmant nuw ur hereafter at[ached tu ur used m r.unnection with said rea!estate.
<br /> And whereas the said mortgagur has agreed and does hereby agrea that the murtgagor shall and will pay all taxes and assessments levied or
<br /> assessed upon said prcmis�s and upun this murtgage rnd thr bund szcured therebv be(ore the samr shall become delinyuen[:[o furnish approved
<br /> insuranc:e upon thr buildings un sxid prcmises situated in the sum oP$]��jQQ.Q� payable tu said ASS(KIATION xnd to deliwr to sa�d
<br /> ASSOC'IATION the pulicies fbr said insurence;and nut tu commit or permit any waste un ur about uid premiscs:
<br /> 1� cxse o(default in the perforrtwnce of any of the tzrms and conditions u(this murtgage or the bond secured hrreby,the mortgagCe shall,
<br /> on demand,be en[itled w immediate pussession of the murtgxged premises end the mongagur hercby ussigns, transfers and sets uver to the
<br /> murtgrgee all the ren[s,revenues and income to be derived from the mortgagrd premises during such time as the murtgage indeb[edntsa shrU rem�in
<br /> unpaid;end the murtgugee shnll huve the puwrr w appoint any agent ur agents it m•ay desire for tha purpose of repairing said premises and reniing
<br /> the same and collecting the rents,revenues and income,and it may pay out of said incume all expenus uf repairing said premises and necessary
<br /> commiseions and expenses incurred in renting and m•annging the same and of collecting rrntals therefrom; the balance remaining, ii any,to be
<br /> applied tuwerd�he discharge of said murtgaga indrbtedness;these rights uf the murtgagre may be exercised a[anp[ime during the existence of'such
<br /> default,irrespective uf any tempurary waivrr oC the wme.
<br /> These Yresents,however,arr upon the Cundition,That if the said Mortgagor xhall rrpay said loxn un ur befuro the maturity uf said shares by
<br /> paymen�t pay monthly w sa�d ASSCK'IATION uf the sum specified in the B�nd secured hercby as interest and principal on said loan,on or befure
<br /> the TWentieth dxy ol each and every month,until said luan is fully paid;pay all tuaes and assessments levied against said premises and on this Mortgage
<br /> and the Bond secured thereby,befure deGnyurncy:f'umish appruved insurancr upon the buildings'thereun m the sum uf$ �.5��.�0 payable
<br /> to srid ASSOCIATION:repay tu said ASSOCIATIOU upon drmand all muney by it p��d(or such[axes,assesarnmts and insurance with interesi rt �
<br /> the maximum legal rate thrreon frum dete uf paymrnt xll o(which Mortgagor hercby agrres to pay;permit nu waste un said premises:keep and wmply
<br /> with aU the agreaments and conditions of the Bond fur S ]��jQQ.QQ ihis day given by the uid Moregagor to said ASSOCIATION,and�wmply
<br /> wi[h all the requirements uf theCunstitutiun and By-Lews of said ASSO('IATION;then these presencs shall become null and vuid_utherwise they
<br /> shall renwin in (ull furce and may be foreclused at the uptiun uf the said ASSUC'1AT10N after faflure tix three munths tu make any uf said
<br /> payments ur be thrre months in arrears in making sai�munthly payments,or tu keep and cumply with the agreemrnts and cunditiuns uf said Bond:
<br /> and Mortgagur egrees tu have a recerver appointed fonhwith in such foreclusure proczedings.
<br /> If there is uny change in uwnership o(the roal estatr murtgrged herein,by salr ur utherwise, chrn the enurc remaining �ndebtedness hcreby
<br /> aecurcd shytl,at the uption of The Equitable Bullding and L.oan Assuciation o(Crand►sland,Nebraska,become immediately due and payable withuut
<br /> furttur �wtice, and tt� anwunt rrnuinuig dur unJe� said bund,anJ xny uther bund fvr any additional advanas made thereunder,shall,from the
<br /> date vf exercise uf said option,bea� inceresi at the maximum Ingal rate,and this murtgyge myy then be forccloxd to srtisfy the amount due on said
<br /> bond,and any uther bund for ydditional advunces,together with stll sums paid by seid The F:quitabte Building and Luan Association of Grand island,
<br /> Nebraska for insuram:e,taxes and assessmen[s,and abstracting extensiun charges, with interest thtreon, (rom date uF payment at the maximum
<br /> keal nte.
<br /> As provided in the Bond secured hereby,while this mortgage rrmains in eflrct the mortgagee rnay hereaftar advan�•e ndditiunal sums w the
<br /> maicers ot said Bond,their ussigns ur successors in interest,wh�ch sums shall be wlthin thr security of this murtgage the same as[he funds originally
<br /> secured thereby,the total ymcwnt of principal debt not to exceed at any time the originxl amount of this nwrtgage.
<br /> Dated this �h. , day of December A.D.,19��
<br /> __�-iC� _—._�*_..�ir�� � + � � i
<br /> �I I
<br /> C1lfford L. Jewell' usan K. Jewe17
<br /> srAre«s�NESRws�cw,j r! ��..�-�> _`
<br /> COUNTY OF��� �t� /`{_ day of ,� ..��-- 19 7 7 .y�fore me. ,,,,. _.
<br /> Clifford L. Jewell ar►d Susan K. Jewell , each in`h`is`a"�ddfier"o�in r�g��°anc�'�as°p��se o"�Ye�ch � ��'�
<br /> ' O�'ISP� who are peryc�nally knuwn to I ,'.,"�.�„��
<br /> me W'be the identipl peran S ��N� S al"2 att"ueed to the above inc[rument ac mortgagur S and they �verally J��
<br /> wii+uwbdyat thc rwJ r�u�unr+nt w be tfiei r volunurY ac[aod deed.
<br /> W7TNFSS my hand aad Notarut Joa1 the da[e atorewd. ._
<br /> My Com . _
<br /> � '. A_ E:',;T��",7 � ��5� S -�-t► ----- .
<br /> r • :v � -- _-1.,t.,y Public
<br /> MI-�l t1 � i , . �.. � �
<br /> i�
<br /> �. ���Y `��' . FCPIREf I
<br /> � ._ .._—'-`� Jan 30.�tsat J
<br />
|