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<br /> 76.000483
<br /> r :` MORTGAGE
<br /> n1oRTcncE LOAN No. L 21,961
<br /> 1 r KNOW ALL MEN BY THESE PRESENTS:That Antonio Roman and Angelita Roman, each in his and her
<br /> own right and as spouse of each other,
<br /> ` Mortgagor,whether one or more,in consideration of the sum of
<br /> '!,(..•*., Eleven.Thousand Nine Hundred and Fifty and No/100 DOLLARS
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 119 shares of stock of
<br /> said ASSOCIATION,Certificate No,L 21,961 ,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 /> •LOT THREE (3) IN ISLAIyD ACRES NUMBER THREE (3)
<br /> BEING A REPLAT OF LOT FIFTEEN (15) IN ISLAND •
<br /> ACRES A SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
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<br /> together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens, '
<br /> window shades,blinds,stormwindows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pmnps,stoves,
<br /> ''..-,1,:t refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> -1. And whereas the saidmortgagorhas agreed anddoes hereby agree that the mortgagor shall and will pay alltaxes and assessments levied or
<br /> 4 assessed upon said premises and upon this mortgage and the 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 S11. 950,00 payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies for said insttrance;and not to commit 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 hereby,the mortgagee 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 /> mortgagee all the rents,revenues and income to be derived front the mortgaged premises during such time as the mortgage indebtedness 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 same and.collecting the rents,revenues and income,and it may pay out of.said income all expenses of repairing said premises. and necessary
<br /> r.„„:.,_,.` commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom;the balance remaining,if any,tobe
<br /> 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 /> default,irrespective of any temporary waiver of the same.
<br /> These Presents,however,are upon the Condition,That if 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 sum specified in the Bond 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 assessnsents 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 S 11,950.00 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 from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply •
<br /> I...1.. with all the agreements and conditions of the Bond for S 11 950.OQhis day
<br /> given by the said Mortgagor to said ASSOCIATION,and comply
<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 option of tire said ASSOCIATION after failure for three months to make any 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 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 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 Grand Island,Nebraska,become immediately due and payable without
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the •
<br /> date of exercise of said option,bear interest at the maximum legal rate,and this mortgage nc,y then be foreclosed to satisfy the amount due cm said •
<br /> bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand Island, '
<br /> Nebraska for insurance,taxes and assessments,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 advance additional stuns to the
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within 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 /> rt.: - Dated this 2} day of January 11,19 7/6// }` ;�y
<br /> . ff1man / AL3 ��//>1 y�( Tel-2 )t7 /j�.��`i
<br /> Anton o Homan Ange a Homan •
<br /> STATE OF NEBRASKA, •
<br /> ss. On this da o! 19
<br /> COUNTY OF HALL
<br /> 29th v January 76 ,beCureme,
<br /> the undersigned,a Notary Public in and for said County,personally came
<br /> j. Antonio Roman and Angelita Roman, each in his and her
<br /> own right and as spouse of each other who are personally known to
<br /> me to be the identical person s whose name s affixed to the above instr , as mortgagor s and they severally
<br /> acknowledged the said instrument to be thei r voluntary act and deed. '/ I
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<br /> WITNESS my hand and Notarial Seal the date aforesaid. • //J f
<br /> t' my_Can 4ltznon expires /
<br /> t A 61.N;..t2t,trrrpgv reuttiebr . /jam ry 7 .Z.,All C.? •
<br /> I .. JAWS Vi )1S07r ' Notary Public ---
<br /> 3.7rj M 'is My L,nm.tau.hcv 11.iCes'
<br /> �1• 1 I 1' r .s 1•' 1 1
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