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<br /> MORTGAGE
<br /> MORTCAGE LOAN NO. � 22.g16
<br /> KNOW ALL MEN BY THESE PRESENTS:That BT"dd�E,y H. Kl i ngman� d s i ngl e P21"SOII
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<br /> } Mortgagor,whether one or more,in consideration oF the sum oF
<br /> Twe7ve Thousand Six Hundred and No/100------>--------- - - ` '
<br /> � ---
<br /> �DOLLARS
<br /> ` loaned to said mortgagor by The Equitable BuIldin and Loan Association of Crand Island,Nebraska,Mortgagee,upon 126 shaies of stook of
<br /> � said ASSOCIATION,Lertificate No.L 22s�16 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska:
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<br /> i LOT SEVENTEEN (17), IN BLOCK FIFTEEN (15), IN
<br /> SCARFF'S AQDITION 70 WEST LAWN, IN THE CITY OF
<br /> ,. . ,
<br /> GRAND ISLAND, NEBRASKA.
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<br /> [ogether with all the tenements,hereditaments and appurtenances [hereunto belonging, including at[ached floor coverings,al!window screens,.
<br /> . window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing xnd water equipment and accessories thereto,pumps,stoves,
<br /> � � � .refrigerators�,and other fixtures�and equipment now or hereafter attached tv or used in wnnection with said�eal estate. � � ��
<br /> j � �� � � And whereas the said mortgagor has agreed and does Itereby agree that [he mortgagor shall and will pay�all taxes and assessments�levied or
<br /> � assessed�upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to.furnish�approved.
<br /> i �. � . � insurance upon the buildings on said premises situated in the sum of$ j Z�(QQ.QQ paYable to said ASSOCIATION and to�deliver to said .
<br /> ' � � ASSOCIA'CION the policies for said insurance;and not to commit or permit any waste on or about said premises � � �
<br /> ; !n case of deFault in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shal[,
<br /> , I � on demand,be�entitled to immediate.possession of the mortgaged premises and the mor[gagor hereby assigns, transfers and sets over to.the �
<br /> � mortgagee all the reats,revenues and income to be derived from lhe mortgaged premises during such time as the mortgage indebtedness shall.remsin
<br /> .`�unpaid;and the mortgagee shall have the power to appoint any agent or agents it may des've for the purpose of repairing said premises and renting-
<br /> : . tlie same and collecxing the rents,revenues and inwme,and it muy pay out of said income all expenses of repairing said premises and necessary .
<br /> ��.commissions and�expenses incurred in ren[ing and managing the same and of collecting rentals therefrom; the batance remaining, if any,to be
<br /> + ��, � �applied toward�the discharge of said mortgaga indebtedness;these rights of the mortgagee may be exercised at xny time during the existence of such
<br /> � default,iriespective of any temporary waiver of the same. � � �
<br /> "f� - � � These Presents,however,are upon the Condition,That if the said Mortgagor shatl repay said loan on or before tlie maturity oF said shares by ��
<br /> ��_payment;pay.monthly to said ASSOCIATION of Ihe sum specified in the Aond secured hereby as interest and principal on said loan,on or before
<br /> �� ���the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage
<br /> � i .� and the Bond�secured thereby,before delinquency;turnish approved insurance upon the buildings[hereon in the sum of$ 12�6��.�� peyable
<br /> to said ASSOCIATION;Yepay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> , � the maximum legal rate thereon From date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> � .'wifh all the agreements and conditions of the Bond(or$12�6��.�� this day given by the said Mortgagor to said P.SSOC[ATION,and wmply
<br /> ' � ���with.all�the�.requirements of the Constitution and By-Laws of said ASSOCIATION; then these presents shall become null and void,otherwise they �
<br /> . � �� ��shall�remain in�full force and may be foreclosed at the uption of the uid ASSOCIATION after failure for three months to make any of said �� `
<br /> �� �� payments or�ba three months in arrears in making said monthiy paymenls,or to keep and comply wi[h the agreements and conditions of said Bond;
<br /> r � � and Mortgagor�agrees to have�a receiver appointed forthwith in such foredosure proceedings. . �
<br /> x If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the entire remaining indebtedness hereby
<br /> secured shall,at the option of The Equitable Building and Loan Association of Crand Island,Nebraska,become immediately due and payable without
<br /> � . fudher notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,Crom the
<br /> .� � �. date of exercise of said option,bear interest at the maximum legal rate,and lhis mortgage rnay then be foreclosed to satisfy the amount dne on said �
<br /> � .� �bond,and�any�other bond for ndditional advances,together with all sums paid by said The Equitable Building and Loan Association of Gmnd lsland,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension charges, witli interest thereon, from date of payment at the mauunum
<br /> .. � � legal rate..� � . � � � � � � � � � � .
<br /> . ��.� As provided�in the Bond secured hereby,while[his mortgage remains in effect the mortgagee mey hereafter advance additional sums to the
<br /> Y � � �mxkers of said.[3ond,their assigns or successurs in interest,wluch sums shall be within the security of this mortgage the same as the funds oziginally .�
<br /> ; � . sewred;diereby,the totxl amount of principal debt not to exceed at any time the orisinai amount of this mortgage. � � .
<br /> � Dated this ^ , 2�thV day of $2pt2111b2P A.D.,19 7�
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<br /> �Y`� 1 L—T //r �`C'1���.)�t.._.
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<br /> ° STATE O�NEBRASKA,� 20th a8y oe September i9 77 ,before me, y
<br /> ss. On this
<br /> CCfUNTY OF HALL -'���,.
<br /> � ' � � �� the undersigned,a Notary Public in and for said County,personally came � - ';,„� , .�xx..
<br /> Brad Klingman, a single person �� =`ri
<br /> i �� � � who j g personally knovrn to �''�,�
<br /> �, Mek� g
<br /> � �y'l'�1Etiden� mr�5 ��� whose�name 5��d.Y'E �affixed to the above instrutnen[as morYgagor g and they severally �� �.',�'.,�„�'
<br /> � � ac�wledged�3�id in rument to be thei r votuntary act and deed. , �� '
<br /> � 't?T'�T.?Y � my lxin�and Notari�]Seal the date aforesaid. �
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<br /> r :•:..A EXAIRES My Cox nissiuii expaes �^ ��,'���.p . . .�{,�i �-.a
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<br /> �,�v_�UG, 31.��9`D�;:��, ly�,� ry Public
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