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<br /> MORTGAGE
<br /> MOR1'GAGB LOAN NO. L ZZ,�64 � � . .
<br /> ^ KNOWALLMENBYTHESEPRESENTS:That James B. Hoag, d single person, and Duane E. Hoag d�d
<br /> � I Ella M. Hoag, his wife
<br /> Mortgagor,whether one or more,in consideration of[he sum of � � . . � . �.
<br /> Twenty Five Thousand Two Hundred and No/100--------------------------------------- noLLARs
<br /> � loaned to said mortgagor by The Equitable 13uilding and Loan Associa[ion of Grand Istand,Nebraska,!�9ortgagee,upon Z 52 shares o(stock uf � � � �
<br /> � said ASSOCIATION, Certificate No.L 22,764 ,do hereby grant, convey and mortgage un[o the said ASSOCIATION the following � .. � . .
<br /> �� described real estate, situated in Hall County,Nebraska: �
<br /> A PART OF lOT FIFTEEN (15) COUNTY SUBDIVISION OF PART OF THE SOUTH ONE HALF (SZ) OF
<br /> THE SOUTHEAST QUARTER (SE',) OF SECTION SIXTEEN (16) TOWNSHIP ELEVEN (11) NORTH, RANGE
<br /> NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS
<br /> } FOLLOWS:
<br /> ^j: BEGINNING AT THE SOUTHEAST CORNER OF LOT ONE (1) BLOCK FOUR (4) WIEBE'S ADDITION TO
<br /> THE CZTY OF GRAND ISLAND, NALL COUNTY, NEQRASKA AND RUNNING SOUTHERLY SIXTEEN (16)
<br /> FEET TQ A POINT ON THE NORTHERLY BOUNDARY LINE OF LOT FIFTEEFt (15} COUNTY SUBDIVISION
<br /> c�F PART OF THE SDUTN HALr' OF THE SOUTHEAST QURRTER (S%zSE'4) OF SECTION SIXTEEN {35),
<br /> TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M. , HALL COUNTY, NEBRASKA
<br /> BEING THE ACTUAL POINT OF BEGINNING; THENCE PROC,EEDING WESTERLY ALONG AND UPON THE
<br /> NORTHERLY BOUNDARY LINE OF LOT FIFTEEN {15) A DISTANCE OF SEVENTY-EIGHT (78) FEET;
<br /> � THENCE RUNNING SOUTHERLY PARALLEL TO THE EASTERLY BOUNDARY LINE OF CLEBURN STREET A
<br /> DISTANCE OF FIFTY-TWO (52) FEET; THENCE EASTERLY PARALLEL TO THE NORTH LINE OF LOT
<br /> F; FIFTEEN (15) A DISTANCE OF SEVENTY-EIGHT (78) FEET; THENCE NORTHERLY PARALLEL TO THE
<br /> EASTERLY BOUNDARY LINE OF CLEBURN STREET A DISTANCE OF FIFTY-TWO (5?) FEET TO THE
<br /> POINT OF BEGINNING.
<br /> � together with all the tenements,hereditaments and appurtenances thercun;o belonging, inciuding attached tloor coverings, all window screens, - �
<br /> window shades,blinds,storm windows,awnings, heating,air conditiotiing,and plumbing and wxter equipment snd accessuries tliere[o,pumps,stoves, .
<br /> � refrigerators,and other(ixtures and equipment n�w or hereafter attached to or used in connection with said real estata ��
<br /> �� qnd wlrereas the said mortgagur has agreed and dues hereby agree that the mortgagor shall and will pay all taxes and assessments levied ur � � -
<br /> - assessed upun said premises a��d upon ihis mortgagt and the bond secumd thereby before the same shall become delinquent;to furnisli approved .
<br /> insurance upon the buildings on said premises situated in the sum of 5 25�2��.�� payable tu said ASSOCIATION and to deliver to said �
<br /> �� ASSOC1AT10N the policies for said insurance;and not to commit or permit any waste on or about said premises;
<br /> In case of�default in the ped�orman::e of any uf the terms and conditions of tl�is rnortgage or the Uond xcured herzby,Nie rnuregagee sliall, � . �
<br /> on demand,be eNitled to immedivte possession of[he mortgaged premises and tlie mortgagur hereby assigns, trans(ers and sets ovar to [he .
<br /> � � mortgagee all the rents,revenues and inwme tu be derived from tlie rnorlgaged premises during such time as the mortgage indebtedness shall remair. .
<br /> unpeid;and the murtgagee shall have the power to nppoint any sgent ur agents it may desire fur the purpose of repairing said premises and renting � �
<br /> the same and collecting the rents,revenues and incomz,and it may pay uut of said income all expenses of repairing said premises and necessary �
<br /> commissions and expenses incurred in renting and managing the same and uf collecting rentals therefrom; the Ualance remaining,if any,to be � . � �
<br /> ' applied toward the discharge of said mortgage indebtedness;thesc rights of the mortgagee msy be exercised at any tinie during the existence of such
<br /> ; de(uult,irzespective of any temporary waiver of the same. .
<br /> F' . These Presents, however,am upon the Con�ition,That if the said lfortgagor shall repay said loan on or before the maturity of said shares by �
<br /> � payment;pay monthly to said ASSOCIAI'ION of ihe sum specified in thc Bond seci�red hereby as interes't and principal on said laan,on ur be(ore �
<br /> '� the Twentieth day of each and every rrionth,until said luan is fully paid;pay all taxes xnd assesiments Izvied against said premises and on this Mortgage
<br /> t�� � and the 13ond secured thereby,before delinquency;furnish approved insurance upon the buildings thereun in the sum of S 25�Z��.�Q PaYable
<br /> to said ASSOC1ATlON;repay to said ASSOCIATION upon demand;�II money by it paid fur such taxes,assessments and insurance with interest at � .
<br /> � the maximum legsl rate thereon from dxt€of pxyment all of which Mortgagoc hereby agrees ro pay:permit no waste o�i ssid premises,keep and compty � .
<br /> � with sll the agreements and conditions of Uie Bond ibr S 25�2��.��this day given 6y the said Murtgagur to said ASSOCIATION,and comply �
<br /> � with all the requirements of the Constitution and $y-Laws of said ASSOCIATION;then these presznrs shall become null and void,otherwise they
<br /> � shall remain in full force and msy be foreclosed at the option:>f the suid ASSOCIATION aPter fxilure for three monchs to make any of s�id �
<br /> �';�. � payments or be three munths in arrears in making said manthly payments,or w keep and comply with the agreements and cunditions of said Bond;
<br /> , xnd Mor[gagor agrees to have a receiver appointed(orthwidi in sucit foreclusure proceedings.
<br /> � If there is any chxnge in ownership o3'the reai estece urortgagzd he,lia, by sale ur o:Lerwise, t:ien :he entire :emaining ir.debted.^.ess hereb;
<br /> � �. secured shall,at the option of The Equiteble Building and Loan Association of Grand Island,Nebraska,become immediately 3ue and payable without .
<br /> ftuther notice, ssnd the amount remaining due under said bond, and any other bund for any additional advances made thereunder,shall,Gom the
<br /> date of exercise of said optiun,be�r interest ac the maximum legal rate,and this murtgage may then be foreclosed to satisty Uie amount due on said
<br /> ' � bond,and any other bond for additional advances,together with all sums paid by said The F;quiteble Building and Loan Association of Grand lsland,
<br /> �. Nebraska for insurance,taxes and assessments,and xbs�ractin�extension chnrges, with interest thereon, from date uf peyment at the meximum
<br /> . legal rale.
<br /> As provided in thc Bond secured hereby,w•hile this mortgage remains in effect the mortgagee may hereafter advance additional sums to the
<br /> �. � makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same us the funds originally
<br /> t6 � secured thereby,the total amount of principal debt not to exceed at any time the oriynal amount of this mortgege.
<br /> �aiea th�s '7th aay�c September � n:�`> 77
<br /> `� .r-.-���..i� tr-"'��� � %"'� �
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<br /> ,. r ` - ,��,i_..-!'-_ s(-......,._�r._•.. `` J�'� ..s`^�--- �-t._-.;�_-
<br /> mes�. F(oag Duane Hoag
<br /> ���. . ��/ i
<br /> Ella M. Hoag �'
<br /> STATS OF NEBRASKA, ss. On this day of 19 ,before me,
<br /> COUNTY OF IiALL� 7th September v 77
<br /> , the undersigned,a Notarv Public in and for said County,personully came "'`'a i '- � ���
<br /> James B. Hoag, a single person, and Duane E. Hoag and Ella M. Hoag, his wife � `� -
<br /> _._ _._' .vfio are Persunully known ro
<br /> � me[o be the identical persor�5 whose name5 are affixed to the above instrument as mortgagur g and they se�eralty ��
<br /> � acknowledged the said instrument to be the i r voluntary act and deed. '�? T*
<br /> � W[7'NESS my hand and Notarial Seal the date aforesaid. / ' � ��
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<br />� � My Commissic�n expires � ..�-''?� t �Z/? / �/' _.1 , „ /���.,v "'�A0
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