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<br /> MOR7GAGB
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<br /> MORTGAGE LOAN N0. L 22�04H
<br /> KNOWALLDlBNBYTFIESEPRESENTS:That TllOmdS S: Boyle and Bette L. Boyle, each in his and
<br /> -her own right and as:spouse of each other,
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<br /> Mortgagor,whether one or more;in consideration of tht sum of
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<br /> Twelve Thousand and No/108------------------------------------------------------- voLLnxs
<br /> loaned w said mortgagor by The Equitable BtiildIng and Loan Auocintfon ot Grand Island,Nebratka,Mortgagee,upon 120 shares oC stock oP
<br /> ' said ASSOCIATION;Ccrdficate No,L 22�QAA: ,do hereby grant,convey and mortgage unm the said ASSOCIATION ttie following
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<br /> deuritied re�l estete,situated in Hall County,Nebraska:
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<br /> i LOT FIVE (5), 4iIESE SUBDIVISION, CITY OF
<br /> } GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> � together wiUi all the tenements,hcreditaments and appurtenances thereunto 6elun�ing,including attached floor rnverings,all window ureens,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and acceuories theeeto,pumps,sioves,
<br /> retrigerators,and other fixtums and equipment now or hemafter attached ro or used in connection with said real estate.
<br /> � And whereas the said mortgagoc has agreed und does hereby agree that the mortgagor shall and will pay all taxes and assessments leried or
<br /> :;k assessed upon said premises and upon diis mortgage and the bond secured thereby 6efore the same shall become delinquent;to furnish approved
<br /> insucance upon the buildings on said premises situated in the sum of S �Q�Q�� 00 Payable to s;iid ASSOCIATION and io deliver to said
<br /> ASSOCIATiON the policies for said insurance;and not to commit or perrtut any waste on or about said premius;
<br /> � fn case of deCault in the pedormance of nny of the terms nnd conditions o(this mortgage oc the bond secured hereby,the mortgagee shall;
<br /> on demand,6e entitled to immediate posussion o(the mortgaged premises nnd the mortgagor hereby assigns, transfers and sets ove� tu du
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged pcemises during such time as the mortgage indebtedness shall remain
<br /> unpaid;and the mortgagee shail hava the power to appoint any agent or agents it may desire for the purpox of repairL�g said premises and centing
<br /> ? the same and collecting the rents,revenues nnd income,and it may pay out of said inwme ell expenses of repauing said premises end necessary
<br /> commissions and expenses incurred in renting and managing the same and of cutlecting rentals thereErom;the balance remaining,if any,to be
<br /> applied toward the discharge of said mortgage inde6tedness;these rights uf the mortgagee may be exerciud at any time during the ewstena of such
<br /> default,irrespective oF any temporary waiver of the same.
<br /> These Presents,however,are upon the Condition,That if the said Mortgagu�:hall repay said loan on or before the maturity o(said shares by
<br /> payment;pay monthiy to said ASSOCIATION of the sum specified in the Bond secured hereby as interest und principal on s:iid loan,on or beture
<br /> the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and asussments levied against said premises and on Qiis Mortgage
<br /> and the Bond secured thereby,before delinquency;Furnish approved insurance upon the buildings thereon in the sum of 5 12 000 Q� PaYable ,���
<br /> K to said ASSOCfAT10N:repay to said ASSOCIATION upun demanJ all money by it paid for such taxes,assessments and msZrance'w�th's.:crest at ^� �
<br /> the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;petmit no waste on said premises;keep and comply
<br /> with all the ageeemrnts and wnditions of the Bond foc 5 IZ�OOO.00 lhis dny given by thc said Mortgagor to said ASSOCIATION,and wmply
<br /> witl�all the reyu'uements of the Constiwtion and ByLaws of said ASSOCIATION;then these presents stwll become nul!and vuid,othecx•ise they
<br /> sttall remain in full(orce�nd may be foreclosed et the optiun of the s�id ASSOCIATION after fuilure for thrce months ro make any o(said
<br /> paymtnts or be Ihree months in arreaa in making seid monthly payments,or to keep end comply with the xgreemenls and conditions oC said Bond;
<br /> and Afortgagor ag�ces to have a receiver appointed furthwith in such Coroclosure procoedings
<br /> 'f !f them is any change in ownership vC the reai estate mortgaged herein,by snlc or otherwise,then the entice rertmining indebtedness hereby
<br /> secured shall,at the option of The Equitable Building and Luan Association ulGrand 1sland.Nebraska,become immediately due and payable without
<br /> furthec notice,and the amount remaining duc undcr said bund,anJ any uther bond for any additional advances made thereunder,shatl,fmm the
<br /> dnte of exerciu oC said option,bear incerest at the maximum legel rate,and this mungage may then be foreclosed to sstisfy the amount due on said
<br /> bond,and any other bond for additional advances,together wi!h all sums paid by said The Equitable Building and Loan Assoeiation ot Grand[sland,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension chazges,with interest thereon,Crom date of payment at the maximum
<br /> legal rate.
<br /> As provided in the Bond secured here6y,while this mortgage remains in ef(ect the mortgagee may herealter advance additional sums[u the
<br /> makecs ot said Bond,their assigns or succeuurs in interest,which sums thsll be within the recurity uC Uus mortgxge the same as the Cunds oeiginaAy
<br /> secured thereby,thc total amount af principal dtbt not to exceed at any time the uriynal amount of this mortgage.
<br /> DateJ this 31 st day of Mdt'Ch n.0�19 7(
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<br /> Thomas S. Boy'ie —I (/ - Bette L. oy e �' �-'�_
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<br /> STATC OF NEBRASKA gs. On this 3�S t �y o( March ]9 �6�betore me,
<br /> COUNTY OF HALL�-,
<br /> Th001d5 $. Boyle and Bette L. Boyle, each 7� ��ndersigned,allotaryPublicinand(otsaidCounty,personallycame ��"'�4 `
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<br /> ` right and as spouse of each other who dl'2 personallyknownto ;7 t� _
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<br /> Hfr�o-tqbetNa�f�yf rsoq S whou name g affixed to the above instrumeut as morlgagor g and they severally �' '-,
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<br /> �1 aQkuowledgedfl}ir�id i trumenf to he t h871' voluntery nct snd deed.
<br /> � f �W��S my hand and Notarial Seal the date aforesaid.
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<br /> '{,� T�Cojfirt�usion expiees �� �``��1��o ���.� ' ; '",�('
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