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<br /> MORTGAGE
<br /> MORTGAGELOANNO. L 22$2[} MGIC
<br /> rKNOWALLMENBYTHESEPRESENT5:That '�Wy��d A�. $t@V2fIS, single person
<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> Twenty Two Thousand Seven Hundred and No/1D0-----------�--------------------------�LtA�s
<br /> loaned to said mortgagor by The Equitablc Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 227 sheres of smck of
<br /> � said ASSOCiATION,Certifxcate No: L 228Z4 MGI��o hereby grant, convey and mortgage unto the said ASSpCIATlON the following
<br /> � . �� described real estate,situated in Hall County,�Nebraska: . � .
<br /> NORTHERLY FORTY-QNE FEET (41' ) QF LOT
<br /> TWENTY-SEVEN (27) AND SOUTHERLY TWENTY-
<br /> EIGHT FEET (28') OF LOT T4JENTY-EIGHT
<br /> (28), IN WEST HEIGHTS SEGOND ADDITION
<br /> TO THE CITY OF GRAND ISLAMD, NEBRASKA.
<br /> � � � together with all the tenements, hereditamenls and appurtenances there�nto 6elonging,including attached floor coverings,all window screens,
<br /> i window shades,blinds,storm windows,awnings,heating,air condition'sng,and plumbing and water equipment and accessories thereio,pumps,stoves,
<br /> refrigera[ors,and other fixtures and equipment now or hereafter attached to or used in connection with said reai estate. � ..
<br /> � And whercas the said mortgagor has agreed and does hereby agree that [he mortgagor shalt and will pay all taxes and assessments levied pr
<br /> � � �assessed upon said premises and upon this rnortgage and the bond secured�tl�erebv hefore the same shal!become�delinquent;to furnish approved
<br /> insurance upon Uie buildings on said premises situated in the sum of$22����.�� payable to said ASSOCIATION and to deliver.to said
<br /> .. ASSOCIATION the policies for said insurance;and not to c;ommit or permit any was[e on or about said premises; .
<br /> ti In case of default in the performance of any of the terms and corsditions of this mortgage or the bond secured hereby,[he mongagee shall,
<br /> on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br /> roortgagee all the rents,revenues and income to be dezived from the mortgaged premises during such time as the mortgage indebtedness shail remain
<br /> . .unpaid;and the mor[gagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting�
<br /> the same and collec[ing the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary . � � � �
<br /> � . � commissions and expenses incurred in renting and.managing[he same and of collec[ing rentuls [herefrom; the balance remaining,if any,to be
<br /> applied toward the discharge of said mortgage indebtedness;these rights oP the mortgagee may be exercised at any time duriag the existence of such
<br /> � default,irrespective of any ternporary waiver of the same.. � . ��
<br /> � � These Presents,howevez,are upon thc Condition,That if the said Mortgagor�ahall repay said loan on or before the maturity of said shares by �
<br /> payment;pay monthly to said ASSOCIATION of the sum speci6ed in the Dond secured hereby as interest and principal on said loan,on or before �
<br /> � the Twen�ieth day of each and every rnontli,until said loan is fully paid;pay all taxes and assessments levied agains[said przmises and on this Mortgage �
<br /> � . .and the�Bond secured thereby;before delinquency;fumish approved insurance upon the buildings thereon in[he sum oC$ 22�'JQQ.QQ. payable. �
<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 maximum legal rate theteon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said prernises;keep and comply� - � �� .
<br /> . with al]the agreements and conditions of the Bond for 5 22���Q,��this day given by the said Mor[gagor to said ASSOCIATION,and cornply � . ��
<br /> with�ell the requirements o!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 option of rhe said ASSOCIATION after failure for three months�to make�any of said ��
<br /> paymanes or be three months in arrears in making said monthly payments,or to keep and comply with the agreemen[s and conditions of said Bund;
<br /> . and Mor[gagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. � . �
<br /> � �� If there is any change in ownership of ihe real estate mortgaged herein,by sale or othcrwise,ihen the entire remaining indeb[ednass hereby , � �
<br /> secured sltall,at the option of The Equitable Building and Loan Association of Crand Island,Nebraslca,become unmediately due and payable without . �� � � �.
<br /> � further notice, and ihe amount�remnining due under said bond,and any other bond for any additionai.advances made thereunder,shall,from the .
<br /> � date of exercise of said option,bear interest at lhe maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said . �
<br /> bond,and any other bond for additional advancas,together with alt sums paid by said The Equitable Building and Loan Association of Grand Island,
<br /> .Nebraska for insurance,taxes and assessmenxs,and abstracting extension charges, with interest 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 advanct addi[ional sums[o fhe . �
<br /> makers of said Bond,tl7eir assigns or successors in interest,which sums shall be wichin the security of this mortgage the same xs the funds originaliy
<br /> � �.secu�ed thereby,the to[al amount of principal deb[not to exceed at any time the original amount of this mortgage. �� � � . ��
<br /> area�n,: vtfi. day of S8pt2fllbeP A.D.,19 77
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<br /> � wy a zeve s
<br /> 3TATE OF NEBRASKA,� � r v�*
<br /> ss. Onthis ZJth. dayof SePt2JTlb21' 1)�J ,beforeme, �j
<br /> COUNTY OF HALL ` ;-y ���.'':
<br /> . . � . . � [he undersigned,a Notary Public in and for said County,personally came . � �`' �`�
<br /> � TtYJ���d 1''�, Stevens, S l I19�@ P2P50 " � who 1 5 personally known to +^��
<br /> � � ,�F. 1--�L"7 �c��,� ; a�
<br /> mc fo be the identical person whose name .� .^�y'�ff�5cad ta jh1�;�bove insirument as mortgagor and S he XeISYe.Ke�9� A�q
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<br />� acknowledged the said irastrumen!to be hQ1' ��wdCt�n£ary act and�ged A,6 �,,
<br /> WITNESS r_�y hand and Nctarial a!itte dgt�+� t ��{ : '
<br /> � ///��� L:.�AS`�r�I�II�B � F. � ,,v � �
<br /> . � � s� MyCommissionexpires�� ..�� ��{fr'�F't� � �-� . ��I��������`�K` ....�� ,�/,r� .
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<br /> ,�,:��'. 7 t" ,F•,rj Notary Public
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