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<br /> i MORTCAGE
<br />�� ; MORTCACG LOAN N0. L Z2�063
<br />/, KNOWALLMENIIYTHESCPRESENTS:That Robert E. Allen and Roseann G. A'Ilen, each 9n h�5 dlld
<br /> her own right and as �pouse of each other, 1
<br /> 4 Murtgagnr,whether une or more,in consideretlon of the aum of ' t
<br /> Twenty.-two Thousand five Nundred and No/100------------------------------------ po�Ln�s `
<br />� loonad w said mortgegocby Tlie Equiteble Bullding and Luan Association oF Crend Islend,Nebrnska,Murtgegec,upon Zp5 ihares af etock of '
<br /> said AS50ClATlON;Certlficate No.L 22�063 ,do hereby grant,convey and morlgage unto the eaid ASSOClAT10N the following „
<br /> descrt6ed reel estate,sitaated Ui Hell Counry,Netire:ke: A PART OF 7HE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER;,,
<br /> (SE4SE�) OF SECTION'TWENT.Y (20), IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE.:6TN-
<br /> P.M.,-IN HALI: COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINt�ING AT A POINT ON
<br /> e TFIE'SOUTHEASTERLY LINE'OF DEL MONTE AVENUE, SAID POINT BEING SIX HUNDRED NINETY-FOUR'(694:0) FEET ' �`:
<br />� SOUTHWESTERLY FROM'TNE NORTHWESTERI:Y. CORNER OF LOT ONE (1), BLOCK FIVE (5), BEL-AIR ADDITION TO
<br />� THE:CITY:OF GRAtdD ISLAND, HALL COUNTY, NE6RA5Y.A; THENCE RUNNING SOUTHEASTERLY PARALLEL TO'THE ,
<br />�� SOUTHWESTER�Y LINE OF SAID LOT ONE (l), A DISTANCE OF ONE HUNDRED TWENTY-SIX (126.0) fEET; THENCE
<br />�' RUNNING SOUTIiWESTERLY PARALLEL 70 THE SOUTHEASTERLY LINE OF DEL MONTE AVENUE, A DISTANCE Of
<br /> THIRTY-THkEE AND SIXTY-FIVE HUNDREDTHS (33.65) FEET; THENCE RUNNING WESTERLY ALONG AND UPON A
<br />�� LINE-0NE HUNDRED SIX (106.0) fEET SOUTHERLY FROM AND PARALLEL TO THE SOUTHERLY LINE OF DEL MON7E
<br />� AVENUE, A DISTANCE OF ONE HUNDRED THIRTY AND TWENTY-FIVE HUNDREDTHS (130.25) FEET; THENCE RUNNING J
<br />� NORTHERLY ALONG AND'UPON A L3NE ONE HUNDRED TEN a4D FIVE TENTHS (110.5) FEET EASTERLY FROM ANO .
<br />� PARALLEL TO THE 4tES7 LINE OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER (SE;SE;) OF SAID � ` \'
<br /> SECTION'20, A DISTANC6 OF ONE HUNDRED SIX (106.0) fEET TO A POINT ON THE SOUTHERLY LINE OF DEL
<br />' MONTE AVENUE; THE NCE R U N N I N G E A S T E R L Y A L O N G A N D U P O N T N E S O U T H E R L Y L I N E O F D E L M O N T E A V E N U E, A {
<br /> DISTANCE OF FIFTY-NINE (59.0) FEET; THENCE DEFLECTING LEFT 45 DEGREES 06 MINUTES ANO RUNNING
<br /> 'NORTHEASTERLY ALONG AND UPON THE SOUTHEASTERLY LINE OF DEL MONTE AVENUE, A DISTANCE OF NINE (9 0)
<br />� ��FEET TO��THE POINT�-OF�BEGINNING� ��
<br />� together with all the tenements,hereditaments and appurtrnances thcreunm belunp,ing,including attached iloor coverings,all window scrcms
<br /> d window slmdes;blinds,storm windows,awnings,heating,air wnditioning,and plum6ing and watec equipment and accessories thereto,pumps,stoves, i'
<br />� refrigerators,and other fixtures and equipment now or hecea(ter attached to or used in connection with said rwi estate.
<br />�'" And whereas the said.moctgagor has agceed and does hcreby agree that the mortgagor shall and will pay ap tanes and asxssments leried ot
<br />�` auessed upon said p�emius and upon this mortgage und ihe bond secuced thereby before the samtshell become delinquent;to furNsh approved
<br />� insurance upon the buildings on sald premises situated in the sum oF SQZ�500 QQ payable to said ASSOCIATIOr and to ddiver to sud
<br /> c' ASSOCIATION the policies for said insurence;and not to commit or permit any waste on or about said premius; ,
<br />� ln wsc o(default in the pecformance oCany o(the terms and conditions ot this modgage or ihe bond secured hereby;the moctgagetsl�all
<br /> on demand,be entitled to immediale possescion of the martgaged premixs and the mortgagor hereby ussigns, transfers and sets ova to the j
<br />�' moctgagee all the cents;revenues and inwme to be derived from the mortgaged ptemises ducing such time as thc mattgage indebtedneu shell remam
<br />�- unpaid;ai�d the mortgagee shaU have the power ro appoint any agent or egents it may desire foe the purpou of repaiiing 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 repairtng said premises nnd neauary '+ '
<br />``�. wmmissions and expenses incurred in renting and managing the same and ot collecting�entals thereGom;the balana remaining,if any,to be
<br /> applicd.towud tlle discharge of said mortgage indebtedness;these rights u(the mortgagee may be exercised at any time during the existence of such
<br /> defaull,irrespective of any tempoiary waiver ot the same. '
<br /> These Presems,howevcr,are upon d�e Condition,That if thc said Moctgagor shall repay said loan on or before the matuiiry of said shazes by , � '
<br /> _ paymentt pay monthly to said ASSOCIA'f10N of the sum specified in[he Bond recured hereby as interest and principal on said loan,on oc beFore
<br /> the Twentieth day o(each and every month,unlil said loan is fully paid;pay all taxes nnd assessments levied against said premius and on this Mortgage
<br />�� and the Bond secured theceby,betore delinquency;furnish approved insurance upon the buildings thereon in the sum of S Z2�5�0.�0 payable
<br />�:� to said ASSOCIATION;repay to said ASSOCIATION upon demand all mcney 6y it paid(or such taxes,assessments and insurance with interest at
<br />¢`� the ma�cimum legal rate thereon lrom date of payment all oC which�lortgagor hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> �� this da ven b the said�fort or to said ASSOCIATION,and wmply
<br /> with all d�e agreements and ronditions of the Bond for 5 22 SO�.Q� Y 6� Y P?S
<br />�,� with all the requirements of the Constitution and Dy-Laws of said AS50(:IATION;then these presents shall become null and void,otherwise they ,
<br /> r. shall remaidin(ull force and may be foreclosed at the option of the said ASSOCIATION a(ter tailure for three months to make any o(said
<br />� � pxyments or be three months in arrears in making said monthly payments,or tu keep and cumply with the agreements and cunditions o(said Bond;
<br />� i and Mortgagor agrecs ro have a receiver appointed forthwith in such foreclosure proceedings.
<br /> lf there is any change in ownership of the real estate moctgaged herein,by sale o�othenvise,then the entim remaining inJe6tedneu hereby
<br />� j secured shall,at the option of The Equilabte Building and Loan Associa�ion of Grnnd Island,Nebraska,become immediately due and paya6le without
<br /> f u rt h e r n o t i c e,a n d t h c a m o u nt femainin g due under said bond,nnd an y other bond for any additional advances made thereunder,ahall,from the
<br />� ; date of excrcise of said option,bear interest ut the maximum legal rete,and this mortgage may then be foreclose d to satis ty t he amoun t due on s a l d
<br /> bond,uid any other bond for adJitional advances,rogether with all sum:paid by said The Gquitable Building and Laan Aswciation of Grand Island,
<br />� � Nebra:kn for insurance,taxes and asseuments,and abslracting extension charges,wilh interest thereon,Crom date of payment at the maximum
<br /> 'r � � 1eg21 rate. ' �
<br /> As provided in tha Bond secured hcreby,while this mortgage remains in cffect the mortgagee may hereafter advance additiona(sums tu the
<br />�;� makers of said Bond;their assigns or successors in interest,which sums shall be within the security of thu mortgage the same as the funds ori�inalty
<br />� � secuced thcreby,the total amount of principal debt not to exceed at any time the original amount oC this mortgagc:
<br /> j Dated this Sth dny of Aprl l ;+.�19 76
<br />� ' R��T� Q.��� ,�>�f�.,�.�� � Ct._L.(Q...�
<br /> ' Ro ert E: A len _ Roseann G. Allen
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<br /> � STATEOFNEBRASKA,�� Onthis 8th dayof April �976 ,beforeme, '
<br /> CWNTYOFHALL ' ''
<br />,t � : the undersigned,a Notery Public in and for said County,personally came e ��w k�,�.
<br />;,l •Robert�E.:Allen and:Rosea�n'G: Allen , each in fiis and her own who are PeTwnallyknownto �
<br /> � ri ght:a t' e use of`eacfi other `�
<br /> me to be t ,��i�c�,Qg;sE�� whou name S aCfixed to the above insWment as mortgagor 5 and they xvecally R!F u
<br /> � acknow .�Ni.,s➢l�'u�''st�hu�+t� � tI121 Y' voluntary act and deed. � '
<br /> � CJ �'}!'��(�$S myh�i d Notarial Swl tha date aforesaid. J��
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<br /> ` `:`�yrF�Hr�"'i�;�,e� ,;C�'� 7, �97.� ���, c'��/1�.�^
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<br /> �k. Notary Pubhc
<br /> q 3732M, J'fA�;.':7.1.5;.�S�Q'
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