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<br /> 77-U07577
<br /> AIORTGAGE
<br /> MORTGAGf_�LOAN NO. L 22.958
<br /> riCNOW ALL MEN BY THESE PRESENTS:That Forrest J. Poi l ard and I t'flld E.Pol l ard, each i n hi s and
<br /> her own right and as spouse of each other
<br /> _ Mortgagor whether one or mo-e_in conside-ation of the sum uf
<br /> Fifty One Thousand Six Hundred and No/100-------- _ ��twRs
<br /> baned W eaid mort��or by The Equihble Building and Luan Asaociwtiun uf Grand Island,Nebraska,Muttgagee,upcin 516 shares of stock of
<br /> nid ASSOClATION,Certificate No.L 22�95g ,a�hereby granl, cunvey xnd murtgage unto the sard ASSO(:IATION the fopowing
<br /> described real cstate,sitwted in HuU Cuunty,Nebraska:
<br /> L07 ONE (1) and LOT TWO (2) , CASEY'S SECOND SUBDIVISIQN
<br /> AN ADDITION TO THE CITV OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> t�ether with all thn ienenxnts, hereduamrnts and appurtenances thereunw Arlung�ng,including nttuched Nuor coverings, xll window screens,
<br /> window shadnc,blinds,storm winduws,awn�ngs,heating,nir conditiuning,xnd plumbing end water eyuipment and accexsaries thereto,pumps,stoves,
<br /> rcfrigerators,and othrr fixtures and eyuipment now ur hereafter attached to ur usel in connect�on wuh suid real estate.
<br /> Md whereas the aaid inurtgagor hws agreed and doec he�eby agree that the murtgagor shall xnd will pay ali taxes and asxxments tevied or
<br /> ascessed upon said prrmises and upun lhis mortgxgr and the bund srcured therrby before [he sxme s}wll become delinyuent: w fumish appruwed
<br /> �nsurance upun the bwldings.�n sx�d premisrs situxted m�hr sum ul S 51 600.�� payable tu sald ASS(X'IATION and to del�wr to said
<br /> ASSOCIATION the pulicirs for srid insurYnce;and not�u commit ur pemut any was[e un ur ebout sald premises:
<br /> In cxte of detault m the performynce of any uf the trrms and conditiuns of thrs murt�ge ur the bund secured hereby,the mortga�ee ahall,
<br /> on demxnd,be entitkd to immediate{wssession of thr murtga�5ed premisrs and thr murtgagor hereby aasigns, [ransfers and aets over to ihe
<br /> murtg�te rll the ren[a,revenues rnd inwme w be derived from the mortgaged premises during such time as the murtgage indebtedne�s ahall remain
<br /> unprid:and ihe murtgagee shall havr the power�o uppoint any agent ur agrn[s it may desire fbr the purpose uf repairing said premises and rmting
<br /> t►te r'rmr and wlketing the rents,revenues and inc:w�ne,and rt may pay out of said mcome all rxpenses u( repairing suid premius and nettsssay
<br /> Wmmissiuns and expenses incurred in rcnting xnd mrmaging the same and of collec�ing rentals therofrom; the balance remtining,if any,to be
<br /> apQlied tuwud Ihe d�uhrrge of said murtgage indebtedness:these rights uf the mortgagee muy be exercised at any time during the existence of such
<br /> deAult,irrespective uf any temporary wyiver of the same.
<br /> These Prevents,huwever,xrr upoa the Con�iition,That if ihe said Mortgagor shell repay sa�d luan un ur befum the matw�ty of sald cFwros by
<br /> prymenC pay monthly to saiS ASSO('IATION of thr wm specified in the Bund secured hercby as incerest and pnncipal on said loan,on or before
<br /> the Twentieth day o(rach and rvrry munth,until sxid luan rs fully paid;pay all taxrs and assessmer.ts levied agxinst sxid premises and on[h�s Mortga;e
<br /> rnd the Bond u�ured thereby,befure delinyuency:furn�sh appruved insurence upon[he buildings thereun in the sum ot$ 51�(00.0� payabk
<br /> to said ASSO('IATION:mpay to w�d ASSOC'IATION upon demund xll muney by it pa�d fur such taxas,assesunents and msunnce with intemst at
<br /> the mazimum legal rate therron from date u(pay�nnni all uf'whieh Mortgagur hereby xgrees to pay:permit nu waste un said premises;keep and.�mply
<br /> with all the y�retmenis and wnditiuns of the Bond for E 51 s60�•00 this dry grven by thr said Mongagur co uid ASSOCIATION,and comply
<br /> Wixh all Ihe reyuuements of the Cunstitution and By-Laws u(said ASSO('IATION: chen [heu prrxnts sh•rll becume null ynd void,u[herwim they
<br /> fllatl remain in full fora and myy 6r forccloced�t the upnun uf the mid ASSOC'IATION aftu fxilure for three monthn tu ma�e any uf suid
<br /> p�yments ur be throe months in arrears��making said munthly paymenis,or w kerp ynd cumply wnh the agreemrnts xnd conditions uf s�id Bortd;
<br /> and Mortgrgor agreec tu hnvr a reaiver yppointed funhwl[h in such fureclusure pru�rdu�gs.
<br /> 11'there�c any change in ownership uf the rexl esta�e mortgaged herein, by aale ur otherwisn,then the entire remainirtg indebtedneu hereby
<br /> aecYred ohall,yt the oQtiim of The F.yuitrble Building md Lw�n Assocutiun�l'(;rxnd Ich+nd,Nebraska,bewme unmediately due and payable without
<br /> , furtfitr nouce,and the amount remxmmg due unde� said bund, ynd any uther bund(or any additiunul alvrn.;es nuute thereuoder,shall,(rum the
<br /> dats of euercwe uf said optiun,berr interost rt the rnyxunum legal rate,and this mortgagn may then be foreclused to srt�sfy the amount due o�said
<br /> boad,and any other bond for additwna!adwners,tognthrr with sll sums pQid by sud The Equitrble Building ynd Loan Aswcwtiun uf Grand laland,
<br /> Ne6ryYu fur insurana,taxe�and assesementa,rnd abstnc�ing extension charges, wich interest thereon, from date of payment at the maximum
<br /> lepl nte.
<br /> As providad in tlfe Bond oecured hrreby,whJe�hic martgage remains m rffect thr mortgagee may hereaf[er advance additiunal sums to the
<br /> nricere of said Bond,their awti�ns ur succesaorx m tnterest,w}uch sums s}mll be wit}un the securi[y ol this mort t�ge the same as the funds uriginally
<br /> aecured the y,the totd amuun�of principd debt nut�o exoeed at yny tirtx the uryynal amoun�of this inongrge.
<br /> ; �r Oecember
<br /> �fi+. 2 4.D..19 77
<br /> � . �.
<br /> Z.rC��� <!�`��
<br /> ��
<br /> Iraia E. Pollard
<br /> STATE OF NESAASYA.��. pn�� 29th {
<br /> COUNiY(jF HALL d+y�f Deeember 19 77 .before me, p"l,
<br /> � „y.r'.:�.
<br /> Nvta Public�n fur Count , roonall
<br /> Forrest J. Pollard and Irma E. Pollard, each �n�s�dd`her own rig�i� an`d°as s�i�se o�'"m` ' �
<br /> _ � Wh� are ���,uy�o,�,�ca �
<br /> � penuo S aM�e e�me5 are �PFixad to ti�e abovc inrirumeet as mortg�gorS end they x���y
<br /> .���»•'��he inasrumr.ns w be t11l1 l' vuluw.uy..:t xuS Jce.l. . . ..
<br /> � h:'�TAFtY � t 'TSS u�y Lrn3�uu1 Nut�uirl SerJ Wn.1rm rf..reWri. �.
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