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>, 76- 000959
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. L 22,003
<br /> . KNOWALLMENBYTHESEPRESENTS:That Don R. Brittin, a single person, and Helen N.
<br /> t.;IsBrittin, a widow, Mortgagor,whether one or more,in consideration of the sum of
<br /> Twenty Thousand and No/100 DOLLARS
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 200 shares of stock of
<br /> r,;
<br /> said ASSOCIATION,Certificate No.L 22,003 ,do hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska:
<br /> z,;
<br /> C:'
<br /> x`` LOT FIVE (5) IN IMPERIAL VILLAGE THIRD
<br /> .,.. SUBDIVISION, CITY OF GRAND ISLAND,HALL
<br /> v. COUNTY, NEBRASKA.
<br /> Li.
<br /> 40
<br /> 3
<br /> ,
<br /> together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens,
<br /> X43•; window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> 4' refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> 'I.` And whereas the said mortgagor has agreed and does herebyagree that the mortgagor BaB B Br 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 /> ls.j insurance upon the buildings on said premises situated in the sum of S 20,000.00 payable to said ASSOCIATION and to deliver to said
<br /> x{ ASSOCIATION the policies for said insurance;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 /> 'is'_i mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> i;.' 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 /> yff, 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 /> '1= commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom;the balance remaining,if any,to be
<br /> j.: applied toward the discharge of said mortgage g 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 /> a'. payment;pay monthly to said ASSOCIATION of the suns 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 assessments levied against said premises and on this Mortgage
<br /> ft
<br /> 1`'• and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of S 20 000.0o payable
<br /> p;;; to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and mstlrance with interest at
<br /> seer 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 /> .% with all the agreements and conditions of the Bond for S 20 000,00 this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> s'• with all the requirements of the Constitution and By-Laws of said ASSOCIATION:then these presents shall become null and void,otherwise they
<br /> ;i shall remain in full force and may be foreclosed at the option of the 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 /> 3F;r; 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 /> d'`•' secured stall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without
<br /> r;; further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the
<br /> ,.1. date of exercise of said option,bear interest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> ;9 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 sums to the
<br /> makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the sante 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 /> k. tea this 26th day of February A.o.,19 76 4f .
<br /> c tip)7 1..27k. .-, Cl&J R. A,(X
<br />. 'r Helen N. Brittin Don R. Brittin
<br /> f'
<br /> ▪1; STATE OF NEBRASKA,}.. On this 26th day of February 19 76 ,before me,
<br /> C
<br /> COUNTY OF HALL
<br /> ..r the undersigned,a Notary Public in and for said County,personally came
<br /> Don R. Qrittin, a single person, and Helen N. Brittin, �,hwidow
<br /> ? personally known to
<br /> 0,4 are
<br /> me to be the identical personS whose name S are affixed to the above instrument as mortgagor S and they HAY
<br /> acknowledged the said instrument to be their voluntary act and deed.
<br /> WITNESS my hand and Notarial Seal the date aforesaid.
<br /> 4 • My Commission expires
<br /> -
<br /> ': ,7o—�. / , / 7.7
<br /> t rq:p O ! Notary Publict34.m.' iqY• e itA.
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