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<br /> MORTGAGE
<br /> � MORTGAGE LOAN NO. L ZZH3Z
<br /> KNOW ALL MEN BY THESC PRESENTS:That Robert /�. Seely and Jean E. $E2�y� 2dCf1 1 r1 f115 dtlCl
<br /> her own right and as spouse of each other
<br /> , ��, � � �- � � . � � __ Mortgagor_whether one or more,in consfderation of the sum of � �
<br /> Twenty Three Thousand Eight Hundred and No/100--- --------'-�LLARs
<br /> .� loaned to said mortgagor by The Equitabla Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 238 shares of stock of � �
<br /> � .� � said ASSOCIATION,Certificate No.L 22532 ,do hereby grant, convey and mortgage unto the said ASSOCIATION the following � � � � � �
<br /> descrihed real estate,situated in}iall County,Nebraska: � � . �
<br /> LOT SIXTEEN (16) IN CAPITAL HEIC,HTS SEVENTH
<br /> SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> � � � together with all thc tenements,hereditaments and appurtenances thereunto belonging,including attached flour coverings,all window screens, � �
<br /> � �. window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, �� �
<br /> � refrigerators,and other fixtures and equipment now or hereaf'ter attached[o or used in connectiun with said rea!estate. � �
<br /> � And whereas lhe said moctgagor has agreed and dozs hereby agree U�at the mortgagor shalt and will pay all taxes and assessments levied or
<br /> � assessed upon said premises and upon this mortgage and[he bond secured thereby before the same shall become delinyuent;to furnish appruved . .
<br /> insurxnce upon the buildings on said premises situated in the sum of$ 23�8��.�� payable to said ASSOCIATION and to deliver to said �
<br /> - ASSOCIATION the policies for said insurance;and not[o commit or perrnit any waste un or abuut said premises; . . . ..
<br /> � � � � In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall, �
<br /> �on demand,�be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and se[s over [o tlie � � � �
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premises during suclt time as the mortgage indebtedness shall remain , � .
<br /> . unpaid;and the mortgagee shall have the power to appoint any agent or agenls it may desirc for the purpose of repairing said premises xnd renting . �. � �
<br /> the same and collecting the rents,revenues and income,and i[may pay out of said income all expenses uf repai�ing said premises and necessary. . � � � -�
<br /> � commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be , � � � �
<br /> apptied toward the discharge of suid mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such . � � .
<br /> default,irrespec[ive of any temporary waiver of the same. . � � � .
<br /> These Presents,however,are upon the Condition,That if[he said Mortgagor shall zepay said loan on or before the maturity of said shares by � � .
<br /> payment;pay monthly to said ASSOCIATtON of the svm specified in the Bond secured hereby as interest and principal on said loan,on or 6efore � � . �
<br /> Ihe Twentieth day of each and every month,untit said loan is fully paid;pxy all taxes and assessments levied againsi said premises and on this Mortgage � � . . �
<br /> � �and the Bond secured tliereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$ 23�$QQ.QQ payabie � . .
<br /> . to said ASSOCiATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at . . . �
<br /> . the maxirtum legal rate thereon from date of payment all of which Moctgagor hereby agrees to pay;permit no waste on said premises;keep and compty � . � �
<br /> . with all the agreements and conditimis of the Bond for$ 2 3 a 8��•��this day given by the said Mortgagur to said ASSOCIATION,and compiy � � � � �
<br /> with all the requirements of the Constitution and By-Laws of said ASSOCIATION;[hen these presents shall becortie null and void,otherwise they . .. � � � �
<br /> �.shall rernain in full force and may be 2'oreclosed at the option of the said ASSOCIA7ION after failure for three months to make any of said � .
<br /> . . payments or be three months in arrears in making said montlily payments,or to keep and comply with the agreements and conditions of sa.id Bond; � . �. �
<br /> � and Mortgagor agrees to have a receiver appointed forthwiUt in such foreclosure proceedings. . � ��� � � .
<br /> If there is any change in ownership of the real estate inortgaged herein,by sale or otherwise, [hen [he entire remaining indebtedness hereby . � � �. �
<br /> secured shall,at.the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediazely due and payable without . �� -
<br /> further notice, and the amount remaining due under said bund, and any orher bond for any additional advances made thereunder,shall,from the � - � � . , -
<br /> date of exercise of said option,bear interest at the msximurn tegal rate,and this murtgage may then be foreciosed to satisfy the amoui�t due on said � .��
<br /> bo�d,and any other bond for additional advances,together wi[h all sums paid by said The Equitable Building and Loan Association of Grand Island, � �. .' .
<br /> �Nebraska Cor insurance,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at [he maximum �. . �
<br /> legalrate. � � � . �� �
<br /> � .� As provided in!he Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the . � � �
<br /> . . makers oC said Bond,their assigas or successors in interest,which swns shall be within the security oC this mortgage the same as the funds o.riginally � � . �
<br /> � � , secured thereby,the total amount of principa]debt not to exceed at any time the original amount of this mortgage. � .
<br /> natea�ncs 3�th day of September A.D.,19 77
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<br /> �`� G�� o�. S ,_�,:�,�,s"iy
<br /> —Ro�er�5eel���y ""�
<br /> � � � �� ��a ca�n.� �:,� t.'�e r:.(<<i-,
<br /> J E. Seely `�
<br /> 4
<br /> STATE OF NEBRASKP.,�ss. On this 30th day of Septembe r 19]] ,before�ne, �'� K �
<br /> COUNTY OF NALL " :,� � �F ,�
<br /> ihe u de signed,a Notai}• 'ublic in�nd for said County, erswr ly came ��K
<br /> � Robert A. Seely and Jean E. Seely, each in his an� �ier own r�q�t�nc� as spause o� eac� �
<br /> other -. _" Wt�� dPe personallyknown[o " ' �"
<br /> . :. ...� . . . ..,�� � ;,��.
<br /> me,to bc the identical person S whose name S @PE? affixed to the above in�tument as mor�gorS and they severally
<br /> � acknowledged the said instrument to be thei r voluntary act and deed. �f ���� . �
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<br /> �VITNESS my 2iand and Notarial Seal the date aforesaid. ��
<br /> MY Commission expires � /'� � �.. /'
<br /> U„ " .� L -�..;-
<br /> . . � . . � ..� 6ENERAL RC�TARY Stau ol tlahras�i�. . �,,.- - .. . � IVola Pub�.
<br /> a:t.z,i tu .to�� s :,z:.cr _..-
<br /> � ... . . �:...� h"Y Cam Csp.Se:pt.1.1 ` �
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