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<br /> t` J , .i MORTGAG1dra .. B
<br />;4.. tt • MORTGAGELOANiVO, L 22,020 i , : i' ks?4f'�./Pr
<br />•'x .l KNOW AY.L'MBN BY TTi6SE PRESENTS That Wal ter ' ?` �4 r 1•l
<br /> .. _:Smith,and'.Y•- .: L .Smith, e.: .-':n his and 06: a � ,1y Q
<br /> 34.
<br /> r her}own right and as spouse of each other t sfi r; .-'
<br /> '5 w Twenty six„Thousand and�No/100- ''- -- -.----- --- - - -- ---- - --- - ioLLmof> 1°s ij r#; 'iu ii
<br /> Mortgagor,whether one or more,in consideration of
<br /> ' loaned to said mortgagor by Tlie Equitable Building and Loan Association of Grand island;Nebraska;Mortgagee upon'; 260 : ''sharesoatock of ' `? k▪+i ` t 1„
<br /> &r 3rra �t `w2'..y v
<br /> v seed ASSOCIATION, it cited In Ha 1.,...,..;,-.2Z ebrask do hereby grant,convey andmortgage unto the said:ASSOCIATION the'fouowing t a rs ' ?
<br /> in t described real estate,ntuated'!n HallCounty,Nebraska._..
<br /> ,, �' e• J �y 4 .
<br /> i 'fT n§,t �4'iJ3{t'Pn
<br /> A'P' . 'LOT FOUR 4 I BLOCK.TWO: 2 IN SCHIMMER'S< ��'+
<br /> ADDITION TO THE•,CITY..OFi GRAND:ISLAND•, HALL"COUNTY,.' k, 1-r, ;,{ }
<br /> s NEBRASKA: 4r ,
<br /> �* •
<br /> cE l r + `�tlrly c1
<br /> 01,
<br /> F , 'T THE SOUTHERLY'NINETY-ONE (91) FEET''.'OF`LOT EIGHT . �' � ; `r�
<br /> (8), IN BLOCK,ONE`.HUNDRED•THIRTY-EIGHT (138)','IN. Ll, ,4,` r ;i`eIP 4
<br /> UNION PACIFIC•'RAILWAY,COMPANY'S SECOND..ADDITION'TO 1� 1 g 'ft �'r` ''
<br /> t THE.CITY-OF GRAND-=ISLAND, NEBRASKA'. 1(�t• ",� ` 0r
<br /> i�, x�l c �� C d���'� 'rt 3t'�J Ec�Cr�+.['�,
<br /> 1 together:with all the.tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all.window screens .. h Yeti • r• �
<br /> t window:shades;blinds;storm windows awnings heating air conditioning,and plumbing and water equipment and accessories thereto,pumps,itoves, .. 'r s }�l f, '
<br /> refrigerator,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate: = t. ,
<br /> r And whereas the said.mortgagor has agreed and does hereby agree that-the mortgagor>shall and will pay all taxes and-assessments levied or . t `rk s �▪ s� 91'�
<br /> v til
<br /> 55
<br /> assessed upon.said'premises and:upon this mortgage and:the bond secured thereby-before the same shallbecome delinquent;to:furnish approved 7 `�f k
<br /> insurance upon the buildings on said premises situated in the sum of S 26,000U0 'payable to'said ASSOCIATION and to.deliver to said [ r+ .: rE
<br /> ASSOCIATION the policies for said insurance;and not to commit ora'Pt 'i
<br /> •r , permit any waste on or about said premises;: i dx
<br /> n
<br /> n
<br /> he
<br /> rforinance of
<br /> of the terms
<br /> t ,i,,on'delrrmanndd.bte e default
<br /> tledrtotimmediatepossessi n of the mortgaged premises'and and the ortggage aggo-.heeby,assignr the bond s,transfered s andeuts ovvertshall,'.....,,`;
<br /> tho ! f' d' l".`• r fr
<br /> mortgagee allthe'rents;revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain ,i r x • 9r;, F}t ri
<br /> 4+ unpaid;and-the mortgagee shall have the power to appoint any agent or agents itmay desire'for the purpose of repairing said remises and renting,the sante and collecting the rents;resenuesand mcoine,and it may pay out of:said income:all expenses of repairing and necessary i
<br />'e .-Ir s commissions and expenses incurred in renting and managing the same and-of.collecting-.rentals'therefrom;the..balance remaining,.If any,;to be, ..' • z- +' `
<br />-,•,
<br /> applied toward the.disscharge.of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such', ' Th
<br />, t default,irrespective of any temporary waiver of the same. C. aYi,tk
<br />.,+- i 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 . ^,o r ,ice'
<br /> ,,,,,,,,,,,.,
<br /> ti the Twentieth day of each and every month,until said loan is fullagainst said premises and on this Mortgage,
<br />,4 y paid;pay air taxes and assessments levied
<br />„t and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of$26,000.00 payable ` • r .„
<br />�>v ;a to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at '' k1 • ";.
<br /> s the maximum legal rate thereon from date of payment all of which Mortgagor hereby a ees to P P comply ` i` t ?.
<br /> y gr pay; remises;kee andcam]
<br /> with all the agreements and conditions of the Bond for S 26 000.00 this"daya ea
<br /> `,,'2.1;.'- , given byse pe said Mortgagor to said ASSOCIATION,and comply
<br /> iwith all the requirements of the Constitution and ByLawsof said ASSOCIATION;then these.presents shall become nulland void,otherwise-they
<br /> 3 A F +Y i 1
<br /> g, ' 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 C z
<br /> x A 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;' a
<br />,i,, 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 z -I• rt x-
<br /> `t securedshall,at the option of The Equitable Building and Loan Association of Grand island,Nebraska,become immediately due and payable without r l,
<br /> further.notice,and;the'aount:remaining due under said bond,and any other bond for any.additional advances made thereunder,shall,-from the ',..,.:‘,I.,,.'.-,'',,,,,,.,,:''.'"
<br /> 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 r
<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, r,
<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 rovided:in the Bond secured hereby,while this mortgage ttmains,in effect the mortgagee may hereafter advance additional sums to the. ,
<br /> q ,,;'t",:::,., 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 /> a thereby,secured, the total '
<br /> principal debt notto exceed at any timethe original amount of this mortgage. -
<br /> Dated this. . 9th day of March
<br /> f/t/ f� //77 y IA.D..19�6 - ) arw.
<br /> 1. 4,,t (. 4,[Li 1 � ti ... �A1LGGrzr)-_
<br />_('' r d1ter,E. Smit1 Y�rfjt�tta..LSmith :. • r� K]''
<br /> `
<br /> 4 'i STATE OF NRBRASKA,. 4 r
<br /> COl1NTY 0FHALL sa On this 9th day of. March 19 76 ,before me, +.qr>r {{i,
<br /> t e undersigned,a Notary Public in and for said County;personaBycame ',..".'....'f_......!
<br /> !!..,-„,..g
<br /> i u61tt T'Smith and :Yutietta,L. Smith, each in lis:and her own right and as spouse..of,each" . " (
<br /> f who are personally known to. f��-3 M S'
<br /> d1me to be the identipl n$ whose name ;t r,
<br /> y aN perso 5 are affixed to the above instrument as mortgagors and they severally p .,y, ,6.
<br />• tiw3 ydeluiowledged the"said u...... nt eoba•.. their voluntary act and deed. ' ' �a
<br /> • WITNESS my hand and Notarial Seal the date aforesaid. —�. s f fit`
<br /> MyCommisiionexpres. /l.' 7� t/{� _> 1 / £ in
<br /> / • ..?./�Lr > •!/!i, f/,t/'�- 'rPuts(
<br /> r, 3.734M.', f A-±Fh£R3 NOTARY State ofNebr.. /� Notary Public
<br /> p1 I t JAM:- OL ,.i f-
<br /> r 4 u , � r Ait'+;omin:trc..io,:i.,,1973
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