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<br /> MORTCACE
<br /> MORTGAGE LOAN NO. L 22�HI�
<br /> � KNOW ALL MF.N BY THESE PRESENTS:That Daryl 1�. Wh�tE a nd Joyce A. Whi te, each 7 n hl S hcld her
<br /> own right and as spouse of each other
<br /> � . Mor[gagor,whether one or more,in consideration of the sum o[
<br /> Twenty Five Thousand and No/100-------------------------•-------�------------------ DOLLAxs
<br /> � loaned to said mortgagor by The Equitabie Building and Loan Associatfon of Crand Island,Nebrasl:a,Mortgagee,upon .25� shares of s[ock of
<br /> said ASSOCIATION, Certificate No.L 22 $j] ,do hereby grant, convey �nd mortgage unto the said ASSOCIATION the following
<br /> 'described real estate,situated in Hall County,�Vebraska:
<br /> r'�'i � �
<br /> ALL OF LOT TEN (10) AND PART OF LOT ELEVEN (11) DESCRIBED AS FOLLOWS: COMMFNCING AT
<br /> THE NORTHEAST CORNER OF LOT 11, BLOCK 10, PARKHILL THIRD SUBDIVISION, AN ADDITION TO THE
<br /> CITY OF 6RAND ISLAND, NEBRASKA: RUNNING THENCE SOUTHERLY ALONG AND UPON THE EASTERLY
<br /> BOUNDARY LINE A DISTANCE OF 100.9 FEET TO THE SOUTHEAST CORNER OF SAID LOT; RUNfVING THENCE
<br /> IN A WESTERLY DIREC7ION ALON6 AND UPON THE SOUTHERLY BOUNDARY LINE QF SAID LOT 11, A
<br /> OISTANCE OF 45 FEET: RUNNING THENCE NORTHERLY TQ A POINT ON THE NQRTHERLY BOUNDARY LINE
<br /> OF SAID LOT 11, WHICH IS 26 FEET FROM THE NORTHERST CORNER OF SAID LOT 11: RUNNING THENCE
<br /> IN AN EASTERLY DIRECTION ALONG AND UPON THE NORTHERLY BOUNDARY LINE OF SAID LOT 11, A
<br /> �ISTANCE OF 26 FEET TO THE POINT OF BEGINNING, ALL BEING IN BLOCK TEN (10), PARKHILL
<br /> THIRD SUBDIVISION, AND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> tugether wiQi alt the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,2nd plumbing and waterequipment and accessories thereto,pumps,stoves, � �
<br /> rePrigeraturs,and other Gxtures and equipment now or hereafter attached to or used im m�nection with said real estate.
<br /> And whereas the said mortgagor has agreed and does hereby agree [ha[ the mortgagor shalt and will pay all taxes and assessments levied or
<br /> � assessed upon said premises and upon Ihis mortgage and[he bond secured thereby beFore the same shall become delinquent;to furnish approved
<br /> insurance upon the buildings on said premises situated in the sum of S Z5����.U� payable to said ASSOCIATION and to deliver to said, �
<br /> ASSOCIATION the policies for said insurance;and not to commiti or permit any waste on or about said premises; � � � �
<br /> In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured liereby,Uie mortgzgee shali, �
<br /> on demand,be entitled to immediate possession of die mortgaged premises and the mortgagor hereby assigns, iransfers and sets over [o 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 Ihe mortgagee shall have the power[o appoint any agent or agents it may desire tbr the purpose of repairing said premises and�enting
<br /> the same and collecting the rents,revenuesand income,and it may pay out of said income all expenses of repairing said premises and nncessary �
<br /> commissions and expenses incurred in renting and manxging die same and of collecting rentals tlierefrom; ihe balance remaining,if any,�to be �� � .
<br /> � applied toward the discharge of said mor[gage indebtedness;these rigttts of the mortgagee may be eaercised at any time during the exis[ence of such
<br /> � default,irrespective of any temporary waiver of the same. � ��
<br /> These Presents,however,are upon the Condition,Thax if the said Mortgagor shall repay said loan on or betore the maturity uf said shares by � .
<br /> payment;pay monthly to said qSSOCtAT10N of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before .�
<br /> the Twentieth day oC each xnd every month,until said loan is fully paid;pay all taxes and assessmenu levied against said premises and on this Mortgage� .
<br /> and the Bond secured thereby,before delinyuency;fumish approved insurance upon the buildings thereon in[he sum of� ZS����.�� payable� �
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all moncy 6y i[paid for such taxes,assessments and insurxnce with interest at � � �
<br /> ihe maximum leg:�l rate thereon fro�n date of pxyment all of which Mortgagor here6y agrees to p�y;permit no waste on said premises;keep and comply . .. . �
<br /> with all the agreements and conditions of the Bond fur$Z5����.�� this day given by the said Mortgagor to said pSSOCIATION,and comply ' .
<br /> with all the requirements of the Constitution and By-Laws oF said ASSOCIATION; then these presents shall become null and void,o[herwise they � � �. � �
<br /> shall remain in full(orce and may be foredosed at the option uf the said ASSOCIATION after failure for three months to make any of said . � �
<br /> payments or be three months in arrears in mxking said montlily payments,or to keep and comply with the agreements and conditions oF said Bond; � . . . � ��
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. . � . . �
<br /> � If there is any change in ownership of the real estate mor[gaged herein,by sale or otherwise,then the en[ire remaining indebtedness hereby � � � '
<br /> secuzed shsll,at the option of The Equitable Buiiding and Loan Association of Crand Island,Nebraska,become immediately due and payable withoat � � �
<br /> � further notice,and the amount remaining due under said bond, and any other bond for any addi[ional advances made thereunder,shall,from the � � � � - �.
<br /> date of exercise of said option,bear interes[at the maximum lega]rate,and this mortgage may then be foreclosed to satisfy the amount due on said �� . . .
<br /> bond,and any other bond for additional advances,together wiU�ail sums pxid by said The Equitable Building and Loan Association of Grand Isianc£, �� . . . .
<br /> Nebrasl:a for insurance,taxes and assessments,and abstracting extension charges, with interest thercon, from date of payment at the maximtem � � . .. � �
<br /> legel rate. �. . �
<br /> As provided in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums[o the � � � � � � �
<br /> , makers nf said Bond,their assigns or successors in interest,which sums sh�l!be withie�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 time the original amount of this mortgage. . � � � .� �� . ��
<br /> � te this Z�th f $9D+E?Rl�J@:" A.D.,19�7 � . � .
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<br /> - ary .�i e�-
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<br /> STATE OF NEBRASIG4,� ss. On this Z�th da of S2ptE?Rib2P 4
<br /> COUNTY OF HALL y 19�� ,before me, �
<br /> t'�.
<br /> the undersigned,a No[ary Public in and for said County,personall came � ��� �+�' '
<br /> Daryl W. White and Joyce A. White, each in his and her own right and as spouse ofi eac�i `� � 'a+
<br /> � � Other. . WhO are personally known to
<br /> me to be th ' tic�jj�s whose name5 Wh0 affixed to the above instrument as mortgagor 5 and they severally
<br /> � acknowi e�t!{p.�' ei=u�n be thei.r voluntary ac[and deed. � � �
<br /> . �4.�TN� h and Notarial Sea]the date aforesaid. ,1 ;�`, 4
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<br /> � EXPIRES • � Notazy Public
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