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<br /> MORTGAGE
<br /> ivi('ihTGAGE LOAN NO. �- LL797
<br /> KNOW ALL MEN BY THESE PRESENI'S:Thaf G1^d,ydOlt E, HdY`tlgdtl, d 51 t1CJ72,P21'SOI1 �
<br /> ' ' Mortgagor,whether one or more,in consideration of the sum of ` ' '
<br /> = Twent Seven Thousand and No/100------------------------------------------..--_-----poLLnxs ' '
<br /> loaned to said mortgagor by The Equitable Building and L�an Association of Grand tsland,Nebraska,Mortgagee,upon � shares of stock of
<br /> said ASSOCIATION,Certificate No.L 2279] ,do hereby gcant, convey and mortgage unto che said ASSOCIATION the following
<br /> described real estate,situated in`Hall County,Nebraska;
<br /> LOT fIGHT (8) OF HAGGES' SUBDIVISION QF A PART OF THE
<br /> NORTHEAST QUARTER OF THE NORTHWEST QUARTER AND A PART
<br /> � ' OF THf NORTHWEST QUARTER OF THE NORTHEAST QUARTER ALC
<br /> IN SECTION TWENTY-EIGHT (28), TOWNSNIP ELEVEN (11) NORTH,
<br /> RANGE NINE (9), WEST OF THE 6TH PRINCIPAL MERIDIAN. -
<br /> � � toge[her�with all the tenements,hereditamenYs and appurtenances[hereun[o belonging,including attached floor coverings,ail window�screens,� ��
<br /> " window shades,blinds,srorm windows,awnings,lieating,air conditioning,and plumbing and water equipmen[and accessories thereto,pumps,stoves, .
<br /> j � refrigerators,and other fixtures and equipment now or hereafter attached to or used in connecf ion with said real estxte, � �� 7
<br /> And wl�ereas the said mortgagor has agreed and does hereby agree that the mortgagor shali and will pay all taxes and assessmenu tevied oc
<br /> ?� assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become dalinquent;to furnish upproved
<br /> x . . �insurance upon the�buildings on said�premises situated in the sum of 5�Z]�QQQ.QQ payable to said ASSOC►ATION and to deliver�to said��-�
<br /> ASSOCIATION the policies For said insurance;and not to commit or pernut any waste on or ubout said premises; � � � . . ��
<br /> ;` In case of default in tlie performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagce shall,
<br /> . on demand,be�eniiUed[o immediate possession of the mortgaged premises and the mortgagor.hereby.assigns, transfers and sets over.to the
<br /> � mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> ? unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting,
<br /> � the�same and collecting the rents,revenues and income,and it may pay out of�said income ali expenses of�repairing said premises and���necessary� �
<br /> . ��commissions and�expenses incurred in renting and managing the same and�of cotlecting renials therefrom; the balanca remaining, if any,to 6e� ��
<br /> c �applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the exisience of such�
<br /> ,� default,irrespective of any temporary waiver of ihe same.
<br /> '� � � �These�Presents,however,are upon the Condition,That if the said Mortgag�r�liall repay said 7oan un or�before the matucity.of said shares by �
<br /> � payment;pay monthly to suid ASSOCIAT[ON of t}�e sum specified in the&ond secured heceby as interest and principal on uid loan,nn or before
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes an�i assessments levied sgainst said premises andbn this Mortgage
<br /> ` and the Bond secured thereby,before delinquency;Curnish approved insurance upon the buildings thereon in the sum of 5 2]�Q��.QQ Payabte
<br /> � to said ASS(�lATION;repay to said ASSOCtATION upon demand al1 money by it paid for such taxes,assessments and insurance with interest at
<br /> ��. � .the maximum legal rate Ihereon from dare of payment all of which Mortgagor hereby agrees[o pay;permit no waste on sxid peemises;keep�and comply.. �
<br /> with all the agreemrnts and conditions of the Bond for$ 27 OOO.OO this day given by the said Mortgagor to said ASSOCIATIO�;and comply s
<br /> with all the requirementsof thc Constitution and By-Laws of said ASSOCIATION;then these presents shall become null and void,otherwise they
<br /> ; shall'�tmain in fu13 (orce and may be Foreclosed at the option of ihe said ASSOC[ATION after Failure for three months to make'any of said
<br /> f payments or be three monihs in arrears in rnaking said monthly payments,or to kcap and comply with the agreements and conditions of said IIond;
<br /> � and Mortgagox agrees to hxve a receiver appointed forthwiih in such foredosure proceedings.
<br /> } �f there is any change in ownership of Uie real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hareby
<br /> secured shall,at the option of The Equitable�Building and Loan Association of Crand Island,IQebraska,become immediately due and payable without
<br /> y further notice,and qie amount remaining due w�der said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> date of exercise ofsaid opLion,bear intezest at the maximum legal raxe,and this mortgage may then be forectosed to satisfy the amount due on snid
<br /> ,� bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association oFGrand Island,
<br /> Nebtaska IoT insurance,taxes and assessments,and abstracting extension charges, with interest thereon, f'rom date of payment at the ma�timum
<br /> i� ��legal rate. � .. � � . . . � � . � � � .
<br /> .���, � . � . � . . ,
<br /> As provided in the Bond secured here6y,wlrile this mortgage remains in effect the mortgagee may hereafter advance additionttl sums to the
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<br /> makers of said Bond;thea assigns or successors in interest,which sums shall be within the security of this murtgsge the same as xhe funds originally
<br /> secuced thereby,the Wtal:irrtount of principal deb[not to exceed at any time the original amuunt of this mortgage.
<br /> : nacea cws 3Qt6 aay ae August n.n:,i9 77-
<br /> ` J����--F—r�-� ��a.�,w..
<br /> . ,,,,., ,
<br /> ; ra� o ar gan �
<br /> '.;
<br /> ' STATE OF NEBRASKA, ss, pn� 3Qt11 da of aU9USt 77
<br /> � COUNT'Y OF HALL� Y 29 ,before me, {
<br /> .. . ._ . H r�µ�'p�.
<br /> � � �ihe undersigned,a Notary Public in and fnr said Couniy,personspy�came � '� � �. ��,
<br /> � Graydon E. Hartigan, a single person � +
<br /> who 7 S personaily known to �
<br /> � ¢qy� q person whose name 7 S affixed to the above instrument as mortgagor and h2 �1Sv�f?62l�t( J �'�y'�,y
<br /> 'h '�3cnp4�ol�d�d,�K ' strument to be f11 S valuatary act and deed. �ry�'t.
<br /> ''' ��, `���}!'f S��ttaztd'a��':tiatar".�3 Se:.t ilu;.�Sdie afoaeeaiJ. . .j . . . . .�
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<br /> • EX+iNES " � �
<br /> . y.yy�f�� .1.�j�U�,�` � � � . . . � . . . � Notary Public . � . .
<br /> � ��1�Ut ��S���S~
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