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76- 1001443 .
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<br /> MORTGAGE
<br /> ? MORTGAGE LOAN NO. L 22,1173
<br /> I KNOW ALL MEN BY THESE PRESENTS:That David L. Goosic and Kathleen A. Goosic, each in his
<br /> r•
<br /> and her own right and as spouse of each other
<br /> Twenty Thousand Seven Hundred Fifty and No/100 Mortgagor,whether one or more,in consideration of the sum of
<br /> DOLLARS
<br /> loaned to said mortgagor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 207 shares of stock of
<br /> said ASSOCIATION,Certificate No.L 22,023 ,do hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> :3 described real estate,situated in Hall County,Nebraska:
<br /> {
<br /> 1 LOT FOURTEEN (14) IN VILLA MAR DEE SUBDIVISION A
<br /> SUBDIVISION IN HALL COUNTY, NEBRASKA LOCATED ON
<br /> f ALL OF LOT 12 OF THE SUBDIVISION OF LOT 9 AND ALL
<br /> OF LOTS 7 AND 8 IN WINDOLPH'S SUBDIVISION OF PART
<br /> OF THE NE W14 AND PART OF THE NW VE; OF SECTION
<br /> 14, TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE 6TH
<br /> •
<br /> P.M.
<br /> together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window screens, •
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> • ' And whereas the said mortgagor has agreed and does hereby agree that the mortgagor 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 /> insurance upon the buildings on said premises situated in the sum of S20,7 50.DD 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 of default in the performance of arty 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 from 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 /> commissions and expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance remaining,if any,to be
<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. u
<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 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 S 20,750.00 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 /> 'AI
<br /> with all the agreements and conditions of the Bond for S 2n 7.;n no this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> with all the requirements of the Constitution and By-Laws df�aiaASSOCIATION;then these presents shall become null and void,otherwise they
<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 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 I stand,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 may then be foreclosed to satisfy the amount due on 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 sums to the
<br /> r 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 /> Dated this 11th ay of March A.0..19 76
<br /> -1 ria
<br /> er,...t.e.- --. ... ..., -1-fe.i/-e- , , ,
<br /> ��dvid L. Goosic Kathleen A. Goosic
<br /> •
<br /> STATE OF NEBRASKA:
<br /> ss. On this 11th day of March 19 76 ,before me,
<br /> COUNTY OF HALL
<br /> the undersigned,a Notary Public in and for said County,personally came i • a
<br /> David L. Goosic and Kathleen A. Goosic, each in his and her own >
<br /> who areersonally known to
<br /> right and as spouse of each other
<br /> me to be the identical person s whose name S affixed to the above instrument as mortgagog and they severally
<br /> L I acknowledged the said instrument to be their voluntary actand deed !-------'\
<br /> WITNESS• my hand and Notarial Seal the date aforesaid.
<br /> My Commission expires
<br /> •i
<br /> ?�, . ‹,-,,,4-7,---- Notary Public
<br /> 373-1M .�� i z • � .
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