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<br /> 1MORTGAGE
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<br /> i MORTGAGES LOAN NO. I 2I932 ____
<br /> n K44OWALLMENBYTHES.EPRESENTS,That Lucile Klinginsmith, a single person
<br /> ,, Mortgagor,whether one or more.in consideration of-the sum of
<br /> Six Thousand Four Hundred and No/100
<br /> v_r ..__ixiLLARs •
<br /> loaned to said mortgagor by The Equitable Budding and Loan Association of Grand Island,Nebraska,Mortgagee,upon �64 shares of stock of
<br /> 5r said ASSOCIATION,Certificate No, L 21932 ,do hereby grant., convey and mortgage unto the said ASSOCIATION the following
<br /> described reaiestate,situated in Haft County.Nebraska:
<br /> r
<br /> art LOT THREE (3) IN BLOCK SIXTY FIVE (65)
<br /> IN WHEELER & BENNETT'S SECOND ADDITION TO THE
<br /> rar CITY OF GRAND ISLAND. NEBRASKA,
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<br /> ''' ' .' '.: :....,..,.'.. ..1.-' '''.:'...::-.'-...:'''''.:...'`'''''.::...'1..'..':-:.-:.....'''.1..:''' ' .
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<br /> together with all the tenements,hereditaments and appurtenances thereunto belonging, including attached floor coterings,all window screens,
<br /> window shades,blinds.storm windows,awnings,heating,air conditioning,and plumbing and water.equipment and accessories thereto,pumps,stoves,
<br /> At
<br /> refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> t And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assesatnents levied or.
<br /> assessed upon said premises and upon this mortgage and the bond secukcd itthoteitiDbefore the sante shall become delinquent;to furnish approved
<br /> . •,,;....,..,.!,,-,....‘r insurance upon the buildings on said premises situated in the aunt of S > payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies for said insurance.and not to commit or permit any waste on or about said premises;
<br /> In case o1 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 ntottgagor hereby assigns,.transfers and seta over to the
<br /> ntottp;agee all the rents,revenues and income to be derived from the mortgaged premises during such time as themortgage ittdebtedticss shall remain
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premises and renting.
<br /> the sante and collecting 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 the same and of collecting rentals therefrom; the balance temaining, if any,to he
<br /> aK applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such
<br /> t, default,irrespective of any temporary waiver of the sante.
<br /> These Presents,however.are upon the Condition.That it'the said Mortgagor shall repay said loan on or before the maturity of said shares by
<br /> payment;pay monthly to said ASSOCIATION of the Burn specified in the Bond secured hereby as inttrest 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 /> and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of 5 5,4-00.00 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 thereon front date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises:keep and comply
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<br /> f �' • with all the agreements and conditions of the Bond for S 6,400.00 this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> with all the requirements of the C ristitutton and By.l aws of said ASSOCiA LION; then these presents shall become null and void,otherwise they
<br /> shall remain in frill force and may be f;closed at the option of the said ASSOCIATION :after failure for three months to make airy of said
<br /> payments or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Mond;
<br /> and Mortgagor agrees to has,a receiver appointed forthwith in such foreclosure proceedings. ,
<br /> 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 Equitublr•'..t';ilding and Loan Association of Grand tsland,Nebraska.becoune immediately due and payable without
<br /> further notice,and the amount remaining due under said bond,and airy other bond far any additional advances made thereunder,shall,front the
<br /> date of exercise of said option.beat interest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the auro,.nt due on said
<br /> hond,and any other bond for additional advances,liogethcr with all suns paid by said The Equitable Building and Loan Associations of Grand Island. .
<br /> Nebraska for insurance,taxes and assessment:.ani at:aracting extension charges. with interest thereon, from date of payment at the maximum
<br /> i.4'..,';''...,:. legal rate.
<br /> As provided in the Bond seemed hereby,while this mortgage remtaiva in effect the mortgagee may hereafter advance additional suets to the •
<br /> makers of said Bond,their assigns or successors int interest,which stuns shall be within time security of this mortgage the same as the funds originally
<br /> secured thereby,the total atnount of principal debt not to exceed at any time the original amount of this mortgage,
<br /> -Dated this 8th , say of January A.n..116
<br /> iici e K inginsmit
<br /> ST/LTE OFNEBRASKA, se. On this 8th day of January
<br /> COUNTY-OP HALL 19 76 ,bclbrc me. . .
<br /> the undersigned,u Nanny Iobime in and for said County,personally rxinre s
<br /> Lur4.4eJC1inginsmith, a single person
<br /> r^"a ` who i S personally known to fi
<br /> „, iiia tope tha.identtcal raon, ' whose name i S affuxed to the above instrument as mors �, 04alr
<br /> 'ix mortgagor and she , .
<br /> acknowledged thlisaid`Ihstrument to be her voluntary act and deed,
<br /> s
<br /> WITJIESS my hand and Notarial Seal the date aforesaid. `,
<br /> My Ctammission expims *i 'j Irl
<br /> r .-. 3.73i2M_,
<br /> Notary Puiic
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