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<br /> MORTGAGE
<br /> MORTGAGE LDAN N0. �ZZHOO
<br /> > KNOWALLMENBYTHESEPRESENTS:That HdPO�d V. �dV�S, JY'. dfld L111aH �dV1S, each 1t1 h15 dfld �
<br /> her own right and as>spouse af each other
<br /> Mortgagor,whether one or more,in considera[ion of the sum of_ , ' C, �;
<br /> Fort,�Thousand Eiqht Hundred and No/100-----------------------------------=---------�LLAxs
<br /> loaned to said mortgagorby The Equitable Huilding and Lvan Association of Grand island,Nebraska,Mortgagee,upon 408 shues of stock oF
<br /> said ASSOCIATION,Certifcate No. L 228�Q ,do heceby grant, convey aifd mortgage unto the said ASSOCIATiON the following
<br /> desciibed real estate,situated in Nall County,Neb�aska:
<br /> LOT FIFTY-F3VE (55) LE HEIGHTS FOURTH SUBDIVISION,
<br /> A TRACT OF LAND COMPRISIN6 A PART OF THE EAST HALF
<br /> OF THE NORTWWEST QUARTER (EZNWq) OF SECTION ELEVEN
<br /> (11); TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10)
<br /> WEST OF THE 6TH P.M. , IN HALL COUNTY, NEBRASKA.
<br /> � � .Wgether.with all [he tenements,hereditaments xnd appurtenances tltereunto belonging,including at[ached floor coverings,all window screens,�
<br /> window shades,blinds,storm windows,uwnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> � refrigarators,and ottier fix[uret und equipment now or hereafter a[tached to or used in connection wi[h said real esta[e. � � . � � � � �
<br /> � ��And whereas U�e said martgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and�assessments levied�or �
<br /> assessed upon said premises and upon this mortgage and[he bond secured thereby before the same shall become delinquent to furnish approved
<br /> � � uisurance upon the buildings on said premises situated in the sum of$ Q��$��.Qp payable to said ASSOCIATTON and to�deliver to said � �
<br /> ASSOCIATION tfie policies for said insurance:and not to wmmit or permit any waste on or about said premises;
<br /> ln case of default in tl�e performance of any of the terms and conditions of this mortgage vr the bond secured hereby,the mortgagee shall,
<br /> ���on demand,be entitled to immediate possession of the mortgaged premises and tlie mortgagor�hereby assigns, transCaxs and sets over to the � �
<br /> mortgagee all the renis,revenues and income to be derived frum the mortgaged premises during such time as the mortgage indebtedness shall remain-.
<br /> . ��� unpzid;.and the mortgagee sliall have the power to appoint any agent or agents it may desire for the purpose�of repairing said�premises and�renting
<br /> � the sxme and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary �
<br /> commissions and expenses incurred in renting and managing the same and of coltecting rentals therefrom; the balance remaining,if xny,to be
<br /> . � applied toward the dischurge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time cl�uring the existence of such
<br /> � . ��ciefaul[,irrespective of any teinporary wa'rver of 2he samc. . . . � � � . �
<br /> � '� � � These Presents,however,are upon the Condition,That if the said Mortgagor shall repay.said loan�on or before the maturity uf said shares by
<br /> .: .payment;pay monthly Yo said ASSOCIATION of[he sum specified in the Bond secured hereby as interest and ptincipal on said.loan,on or bef�re� � �
<br /> � ihe Twenticth day of each and every month,unti]said loan is fully paid;pay ali taxes and assessments levied against said premises and on this Mortgage �
<br /> and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$¢O,$OD.Q� Payable
<br /> � ta said ASSOCIATION;repay to sxid ASSOCIATION upon demand ap money by it paid for such taxes,,assessments and insurance�wiih interest at �
<br /> `ihe maximum legat ra�P thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises,keep and cpmply
<br /> with all the agreements and conditions of the Bnnd for 5 QQ�HOO.00«s day given by[he said Mortgagor to said ASSOCIATION,and comply
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these presents shnit become null and void,otherwise they
<br /> shatl remain in full force and may be foreclosed at the optiun of tlie said ASSOCIATION after failure for three months to make any of said
<br /> payments or be three monchs in arrears in making said monthly pxyments,or to keep and comply with the agreemants and conditions of said Bond;
<br /> . and Mortgegor agrees to have a receiver appointed forthwith in such foreclosure proceedings. �� � �� . �
<br /> If there is anycliange in ownerslvp of the real estate mortgaged herein,by sale or otherwise,then tl�e entire remaining indebtedness hereby
<br /> � � ���secured�shall,at the option of The Equitable Building and Loan Associetion of Grand Island,Nebrasku,become immediatelydue and payable without �
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> � �' date of exercise of said option,bear interest at the maximum legal raTe,and�this mortgage may then be forecloxd to satisfy the amount due on said �
<br /> bond,andany 9ther bond for additional advances,together with all sums paid by said The Equitable$uilding and Loan Aasociation of Grand lsland,
<br /> Nebxaska for insurance,[axes and assessments,and abstracting extensiun charges, with interest thereon, from date of paymenx af the maximum
<br /> legal rate.
<br /> � � � � As provided in the Bond secured hereby,while�this mortgage remains in effect the mortgagee may hereafter advance additioaal sums to the �
<br /> . � makers o£�sxid Bond,their assigns or successors in intezest,which sums shall be within the security.of this mortgage the same as tfie funds originally� . �
<br /> � � .secur .ihereby,the totai amount of princxpa!debt nut to exceed at.any time the original amount of this mortgaga �
<br /> Dated th' t• day of /�U JUSt A.D.,19 �7
<br /> � �p�1d V„ Davi y,�`�lr. � ,
<br /> -�y�-�" ✓ ,d.L-r r a=�
<br /> Li.nda L1ava s
<br /> ' STATE OF NEBRASKA,� i
<br /> ss. On this �S t. day of Augus t ]9]] ,before me,
<br /> CO{JNTY OF HAI.L ,
<br /> �� �� � � � � � � � the undersigned,a Notary Public in and fQr said County,personatly came � ^� ':'""'"'�' ��° -
<br /> " Haroid U. Davis� Jr. and Linda Davis, each in his and her own right and as spouse of each �� �+ :��"
<br /> ' O�hEY' , who dl"2 Personally known to ,,^�'
<br /> � me to be the identical ptrson5 whose nam „ypt;F�e�'" �'g 4f� the above instrument as mortgagoS and 'tI12y severally � •fl�r
<br /> � acknowiedged the said instrumeat to be thel ��k.'�,,wol�ta�acfvn�LBe�l,d. ,� ��"
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<br /> s•i-2M ai �fC y `� . Notary Public
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