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<br /> — ----- ntoirrcnCliL0ANN0._LZZ,068 _ MGIC
<br /> KNOWALLMGNUYTHGSGPRES[iNTS:7'hut Qurnell Cameron and Judy Cameron, each in his and her
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<br /> OWII right and d5 Sp0U5@ of each other, Mortqugor,whedicruneormorc,inconsldcmtionufthesumof
<br /> ;� Thirtv-four Thousand and No/100---------------------------------------------------uo��nics
<br /> loaned to suid martgngor by 1'he Gquitable Duildiiigund 4oan Associatimi of Grand I�lund,Nebraska,Atortgogcc,upon 340 shares u(stock of
<br /> suiJ ASSOCIA'I'ION,Ccrti(icatc No.1. ZZ��6tt MGI C�o hcreby grant,cunvey und mortgagc unto thc said ASS(H;IATION lhe Colluwing
<br /> described real eslute,situatcd in Ilull County,Nebrasku:
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<br /> FRACTIONAL LUT ONE (1) IN FRACTTONAL 4LOCK ONE (1)
<br /> ELM PLACE, AND ITS COMPLEMENT FRACTIONAL LOT ONE (1) IN
<br /> FRACTIONAL !�LOCK EIGHT (8) IN SPAULDING & GREGG'S
<br /> �'' ADDITION TO TFIE CITY OF GRAND ISLAND, HALL COUNTY, NEQRASKA.
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<br /> together wilh all tlie tenements,hercdilaments and appurtenances dicrcuntu bclunging,including attaclied Ooor cuverings,all window screcns,
<br /> window shades,blinds,s�orm winduws,awnings,heating,air cunditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> rcfrigerators,and o[her fixtures and equipment now or hercafter auached to or used in connectiun with said real estate.
<br /> And whcreas Ihc said mortgagor Las agrecd and docs hereby agrec that thc mortgagor slmll and will pay all taxes and assessments levied or
<br /> � _ assessed upon said premises and upon this mortgage and the bond secured Uicreby before the same shnll become delinquent;to fumisL appraved
<br /> insurance upon thc buildings on said premiscs siluated in thc sum of 5 34����.U� payable lo said ASSOCiA'IION and to delivcr tu said
<br /> ASSOCIA'CION the policies for said insurance:and not to commit or permit any�waste un m about said premises;
<br /> In case uf default in lhe pedurmance o[any of Ihe terms and conditions of this mortgage or the bond secured hereby,the murtgagee shall,
<br /> on demand,be cntitled m immediate pussession of d�e mortgnged premises and the morlgagon c�reby assigns, transfers and sets over to �he �
<br /> mortsagee all lhe rents,rcvenucs and income to be derived from the mortgaged premises during such time as the murtgage indebtedness shall remain
<br /> - unpaid:and the mortgagee shall have the power l0 2ppoint any agent or agentt it may desire for d�e purposa of repairing said premises and renting
<br /> �; , the same and coliecting thc rents,revenues and income,and it tnay pay out of 581(I income all expenses of repairing said premises mid necessary
<br /> cummissions and expenxs incurred in renting and managing the samc and of collecling rentals tl�erefrom;the balance remaining,if any,to be
<br /> applied tuwnrd�he dischurge of said mortgage indebtedness;Ihese rights of�he murtgagee may be exercised at any time ditring the existence uC such
<br /> default,irrespective ot uny tempurary waiver of the same. �.
<br /> Thcse Presents,huwever,are upun thc Condition,That if the said\fortgagor shall cepay said loan on or before the maturity of said shares by
<br /> payment;pay monthly ro said ASSOCIATION of the sum specificd in the Bund secured hereby as interest and principal on said luan,on or beforc
<br /> ihe Twenticlh day uf euch and every month,until said loan is fully paid:pay ull taxes and assessments levied against said premises and un this klurtgage
<br /> .���� and the[3ond secured thereby,before delinyuency;furnish approved insurance upon the buildings thereon in the smn of S 34+�0�•�� payable �
<br /> to said ASSOCIATION;repay to said ASSOCIATIO�upon demand all money by it paid for such taxes,�ssessments and insurance with interest a�
<br /> ��;�, ��� the maximum Iegal rare thercon fwm dale uC payment a�l o(which Morlgagor hereby agrees tu pay:permit nu wuste on said premises;keep and comply ,
<br /> wilh all the agrcemcnts and conditions o(the Uond(or S 34�OOO.00 this day given by the said�tuctgagur to suid ASSOCIA710N,aud cumply
<br /> w•ilh all the requiremenis of thc Consli�ulion end Uy-Laws of said ASSOCIATION;Ihen these presents shall bewme null and void,othenvise they
<br /> shall remain in fuli fnrce and may Ue I'oreclused at the option uf the said ASSOCIATION a(ter failure lor three muntlts tu makc any of said
<br /> payments or be three munths in arre�rs in making said munthly puyments,or to keep and cumply with the agreeinents and cunditions o(said[iund;
<br /> and Atorlgagur ag�ees lo liave a receiver appointed forthwilh in such foreclasure proccedings.
<br /> �L� � If dicre is�ny change in ownership of the rcal cstate murtgaged herein,by sale or othcnaise,dten the entire remaining inde6tedness hereby .
<br /> sewtcd shall,al ihe optiun of The Gquitable Uuilding and Luan Associatiun of Grand Island,Ncbraska,bewme imntediately due and paya6le�eithout
<br /> (urther notice,und the amount�cntaining doe under said bond,and any olher bond(or any additional advances made thercunder,shall,(rum the r,
<br /> �� �,� date of exercise of said option,bear intcrest at thc maximum Iegal rete,and this murtgagr,muy thcn be fo�eclosed to satisfy the amount due on said -
<br /> F; bond,�uid any other bond(or additional advances,togcther with all sums puid by said'PLe I:yuitable 13uilding un�Loan Association of Grand Island,
<br /> Nebraska fur insurance,taxes and assessments,and abstracting extensiou chargcs, with intercst thercon,ftotn dute o(payment at the maximum
<br /> Icgal ratc.
<br /> !, As provided in tLe 8ond secured hereby,while this mortgage remains in effect the mortgagee may heceatter advance additional sums to the
<br /> makers of said Uond,thcir assigns or successors in interesl,which sums slmli be within the security of this mortgage the same as tlie Cunds originally
<br /> secured thereby,ihe total amount of principal de6t not tu exeeed at any time the original amount of this mortgage.
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<br /> �Dated this ��i day of �[.��,.:.f A.U..U��
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<br /> r . Burne Cameron , J,,udy�Cameron u
<br /> {: " _, GL�:�.c� �u-'�-��t r_�z_,t��
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<br /> F ` STATB OF NCDRASKA,�ss. On this 13th day o( Apri 1 19JO ,beCore mc,
<br /> COUNTY OF fIALL
<br /> � Burnell Cameron and Judy Cameron, each in his`an�`��ie�rneOWfN�P1YJ11`�b�an�°as`spou"setot�'eac�i5�"m`
<br /> other, ����� dr@ pe[sonally known to
<br /> °'; ma to b�•ti�e identical person5 whose nameS are affixed to thc nbuve instrument as mortgagorS and th2y severally �
<br /> �" acknowledged the said mstrument to bc thei r voluntary act and dced. �'�, —
<br /> �.�� WI7'NLSS my hand and Notarial S�:al the date aforesaid. �� � ��� ��.' ,
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<br /> '�`wsi'�`1. . ; . . . Notary Public
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