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<br /> ley MOR?GAGE . # ,
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<br /> MORTGAGE LOAN NO L.92,027:` ;,A',� �ry ¢'���,
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<br /> KNOWALL:MENBYTHESE.PRESBNTB Ther: Dean,-L. Burch and.Sus an.:E. Burch; each'in-his-and'her {+,,, 4 .:,1�� ,�9, v;
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<br /> r Twe ty-ni: and aS andUSi Of ndre Other, Mortgagor whether inconsideration otthe awnof ny,+ .1 �t
<br /> h TwtantY nine Thousand Six JlUndred Wand No/100 .- _--_
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<br /> & loaned to said mortgagor by The Equitable;Building and Lean Associatlon of Grand Island,Nebraska,Mortgagee upon 296 `- shares of stock of a y., r.'',p;0 i tkt ''
<br />. ," •l',--11',.:::.:;',,:'said ASSOCIATION Certificate No L .22 027 do:he eb .F,c+ 4>�eAt� s "
<br />'i` 2s t Y grant_,convoy and mortgage,unto the said ASSOCIATION the following ¢i�i,I ,;tt�,, �.-ii" rt FWD
<br /> �+ ,� described real estate actuated:in hallCounty Nebraska, dj �;�O��;�����ti c
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<br />.�} ' ALL OF LOT. FIVE (5)'EXCEPT THE WESTERLY<i r1,, �`°',ib,.
<br /> r�3 a3 x ' *` it 'xr'�'apE T ;
<br /> SEVEN'FEET�(7')-.THEREOF; AND THE WESTERLY �h. ''gena> s '!`r
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<br /> FIFTEEN FEET (15') OF LOT FOUR'(4),.ALL:: 41 u r''� �` �t
<br /> IN'BLOCK SEVEN(7), IN MORRIS.FIFTH ADDITION t "z��} a { "'
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<br /> t TO:THE CITY OF GRAND ISLAND, NEBRASKA
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<br /> i together with all the tenements,hereditaments and.appurtenances thereunto,belonging;including attached floor coverings;ail window.screens tx ry s {�'P;;rt d '
<br /> k window shades;blinds;storm windows,awnings,heating,au conditioning;and plumbing and water equipment and accessories thereto;pumps;stoves to x a,;`'?:,? +,j '
<br /> 4. fit refrigerators,and other fixture'and.equipment now or hereafter attached to or used In connection with said real estate. ,, rye i; 0:Iiik b.
<br /> And whereas the raid morseeatte x t E s lv.ti
<br /> a assessed upon said premises and mortgagor-has
<br /> this m mortgage e d the-bond secured thereby befmortore�thr ecsame shall b.and will ecome delinquent;
<br /> to furnish approved 1 V.
<br /> ,k5"gij ra 3,^'
<br /> 4 insurance upon'she buildings on taidpretn es situated in the sum of S.. 29 600.00PP f lr + p.
<br /> d " ASSOCIATION the`polcies.for mid insurance;and not to commit.orany pabout to red ASSOCIATION and to deliver to said 1., � t f '
<br /> G permit waste on or about said premises;. rat rk t fr a .,
<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 ' }� r ° ,F K.
<br /> on demand,be entitled to immediatepossession of the mort p mortgagor.-hereby assigns,.:transfers:and.sets over:to the a roar ,".;^�rPFwr.
<br /> �y r gaged- remises and the
<br /> mortgagee all'the':rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remora ., ? i`:"
<br /> t '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 {` 1L*tz t'�t
<br /> kg$cf !he and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises'and necessary ...."'•.". '_`3 t" 't
<br /> commissions and expense's incurred in renting and managing the same-and-of collecting rentals:therefrom;the-balance remaining;'if any,to be ) -V,`
<br /> applied toward the discharge:of said mortgage indebtedness;these rights of the more
<br /> z e� default,irrespective of any temporary waiver of the same. mortgagee may be exercised at any time during the existence of such (�
<br /> . y. t } ty �z y�'7
<br /> These Presents,however,are upon the Conditlon,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by E ' '�``�' V
<br />• t 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. , .�`n ,,,,'S
<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.. ' °r ti° {,},
<br /> and the Bond secured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of S29,600...00.... E a
<br /> presbae i ) r
<br /> to said ASSOCIATION;repay to said ASSOCIATION upondemand all money by it paid for such taxes,assessments and insurance with interest at *� # ,uy�i .
<br /> r� 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 3 t `' 4
<br /> M with all the agreements and conditions of.the Bond for S
<br /> 29,600.OO this day.given by the said Mortgagor.to said ASSOCIATION,and comply i'�i
<br /> with analis requirements of the Constitution and Bylaws of said ASSOCIATION;then these presents shall,become null and void,otherwise they a r,4V5-'�&
<br /> 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 mid `.i yak,
<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;
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<br />�, and Mortgagor ogress to have a receiver appointed forthwith in such foreclosure proceedings: ,- �ti a
<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 /> e secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without ; c t
<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 /> d+ date ofexerciseofsaidoption,bear.interest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said ,` <t`
<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 x 1`"
<br /> legal rate
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<br /> As provided-in the Bond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the ` t
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<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:r...:.„,"" 2
<br /> r ? secured.thereby;.the'total amount of principal debt not to exceed at any time the original amount of this mortgage, g ,,.4"
<br /> 1:kr, Dated this- f
<br /> 1•5th clay•
<br /> of March `A.D.,19 76 , `O
<br /> Dean::L. Burch L
<br /> Susan E: .Burch L�
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<br /> 7�i., • STATE"OF NEBRASKA 15th ' -r t "1'
<br /> e + : .es, r On this day of March 7 r; . ., a'yr.
<br /> 44,"4.:,..T...-:,;...;,,::,..0...7...,.i COUNTY OF BALL�,,� 19 6,before me,. r ',,,,,,:i..11',.,
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<br /> the undersigned a Notary Public In and for said County,personally came r r ler 1 ry.t 1
<br /> . Dean`L Burt h a iii:41isan E Burch;:.each -in-his and her own right and ha s spouse: of each t.1' Kt
<br /> (,g others s`. tt a persona y Known to
<br /> fc ti 1 Mit befhe•ldentIe] ' .t '' ;.'are. affixed to the above instrument as most ''S
<br /> t s a •/ mortgagor S and theyseverally N s
<br /> z acka owledged the said a R R E GTA voluntary act and deed. . t 4':
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<br /> ware
<br /> S- the date aforesaid. ( ti
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<br /> t 3732M JU ) c'.•`�4 Notary Public
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