|
'�"v^". ' �� i,
<br /> � '..�u�.`�
<br /> �� �
<br /> ��'� C?0��?0� .
<br /> MORTGAGE
<br /> b10RTGAGE LOAN NO.L ZZH�Z
<br /> KNOWALLMENBYTHESEPRESENTS:That James B. Lewis and Charleen K. Lewis, each 1f1 f115 and
<br /> rher own right and as spouse of each other,
<br /> . � � �� � � Mortgagor,whether one or mote,in consideration of the sum of�
<br /> Twentv Four Thousand and PJo/i00--------------------------------------------------- Dp�LA�s
<br /> �� loaned:to said�mortgagor by.The Equitable Bui(ding and Loan Association of Grand lsland,Nebraska,Mortgagee,upon 24Q shares of stock of �
<br /> said ASSOCIATION, Certificate No. L 228�2 ,do hereby grant, convey and inortgage unto the said ASSOCIATION the followjng
<br /> . � �described�eal estate, situated in Hall County,Nebraska: �
<br /> LOT TWO (2) IN BLOCK FIVE (5) IN GILBERT'S
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEBRASKA.
<br /> � together with all the tenements,Jiereditaments and appurtenances thereunto belonging,including at[ached floor coverings,all window screens, .
<br /> � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, .
<br /> � reFrigerators,and other fixtures und equipment now or hereafter attached to or used in connection with said real estate.
<br /> � � And whereas[he said mortgagor has agreed and does hereby agree that the mortgagor shalt and will pay all taxes and assessments levied or
<br /> .. � assessed upon said premises and upon this mortgage and the bond secured [hereby beFore the same shall become delinquent;ro fumish approved
<br /> � insurance upon the buildings on said premises situa[ed in the sum of$2,Q O�O.OO payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies for said insurance;and not to commit or permi�any waste on or about said premises;
<br /> � In case of defaul[in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shali,
<br /> on demand, be entiUed to immediate possession of the mortgaged premises and die murtgagor hereby assi�ns, 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 shal]remain
<br /> unpaid;nnd the mortgagee shall have the power to appqint any ageni or agents it may desire for the purpose of repairing said premises�and renting �
<br /> the same and collec[ing the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary .
<br /> cornmissions artd expenses incurred in renting and managing the same and of coliecting rentals dierefrom; [he balance remaining,if xny,to be �
<br /> applied toward the discharge of said mortgage indebtedness;tl�ese righ[s of the mor[gagee mav be exercised at any time during the existence of such � �
<br /> deYault,irrespective of any temporary wsiver of[he same. �
<br /> These Presents,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before Ihe maturity of said shares by �
<br /> paymznt;pey monthly to said ASSOCIATION of the sum spncified in the Bund�secur�d hereby as interest and principal on said loan,on or befure �
<br /> � � the Twentieth day o(each and every month,untii seid loan is fully paid;pay all taxes and assessments levied agsinst s;�id premises and on this Mortgage �
<br /> . and�he Bond secured thereby,before delinquency;fumish approved insurance upon the buildings thereon in the sum of 5 Z4����.�� payable � .�
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid(or such taxes,assessments and insurance with interest at �
<br /> ? [he maximum legal rate thereon from da[e of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply � � .
<br /> � with all the agreements and conditions of[he Bond for$ 24�Q��.�0 this day�given by the said M19ortgagor to said ASSOCIATION,and comply
<br /> � �with atl the requirements of the Constitution and ByLaws of said ASSOCIATION; then these presents shali become nutl and void,otherwise they . -
<br /> � . s1�all remain in full force and may be toreclosed at the option of the said ASSOCIATION after failure for tltree months to make any of said � � .� ��- . � �
<br /> . payments or be three�months in arrea�s in making said monthly payments,or to keep and comply with the agreements and conditions of said$ond; . � �
<br /> and Mortgagor agrees to have a receiver appointed for[hwith in such foreclosure proceedings. . ��
<br /> If there is any change in ownership of the rea!estate mortgaged herein, by sale or otherwise,then the entire remaining indeb[edness hereby � � �
<br /> secured shalt,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payxble without �
<br /> further notice,and the anwunt remaining due under said bond,and any other bond for any additional advances made thereunder,shall,f'rom the � � � �
<br /> date of exercise of said option,bear interest at the maximum legst rate,and this mortgage may[hen be foreclosed to satisfy the amount due on said � � ��
<br /> bond,and any other bond fqr additional advances,[ogether with all sums paid by said The Equitable Building and I.oan Association of Grand Island, : �
<br /> Nebraska for insurance,taxes and assessments,and abs[racting extension charges, with interesi thereon, from date of payment at the maximum . � � �
<br /> legal rate.
<br /> � As provided in the Bond secured hereby,while 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 as the funds originally �. � � ..
<br /> � secured thereby,the total amount of principal debt not to exceed at any[ime the original amoun[of this mortgage. � .. �
<br /> pacea tn;s 14th, day of September A.D.,�9 77
<br /> ` �%�� �• �.�%2 _ `
<br /> ames B. Lewis C�r�eenYK.�,Lew�-� - � �`
<br /> { STATE OF NEBRASKA,�ss. On this da of
<br /> COUNTY OF HALL �4th. Y Septembe r 19�� ,before me,
<br /> � �� �� � the undersigned,a Notary Public in and foc said County,personally came .. . � `�'�-.
<br /> James B. Lewis and Charleen K. Lewis, each in his and her own right and as s�ousg �f ;, � �
<br /> �.Q . � who d1„� rsona ly nown to � �,�
<br /> � � : p���' g n ,�� n 5�.�� whose name S . afFixed to the above instrument as mortgagor S and they severally . ` i",5� :
<br /> ckn'�d�e.�t�eg&i�l inst�' ent to be thei r voluntary act and deed. '`�`�'
<br /> � ..a;�� � NOTARY�T�ESS �y hand and Notarial Seal the date aforesaid. ,R � �. .
<br /> . �"�� C�Mh^i5b�q4p�5��y� 'on exp'ues� �`� ' '��
<br /> �X'r1�tr,S .k-�•_�� 'S i , �C.�� ��� 'nC�; ,r
<br /> �,�!/C 3� �c.2� '� �) —�t�d��5.h.� Notary Public
<br /> (�
<br />� I �T�QF N 4a.RPs� ' �1.�
<br />� �� � �
<br />�
<br />�
<br />
|