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<br /> 76- aQ.1��65
<br /> MORTGAGE
<br /> MORTGACL•LOAN N0, L 22,069
<br /> KNOW ALL MEN BY THESEPRESGNTS:Thnt Douglas R. Wadkins and Janace L. Wadkins, each in
<br />�,�{ his and her own right and as spouse of each other, �
<br /> r ,
<br /> r., Mort oqwhether one or mora,in cantidaratlon oCthe sum of, �I
<br /> � Ei h ---- nau.nes '
<br />'� ? 9 +oan ThnueanA Throa Niinrlrarl anrl NC1./TOD----------------------'------- , >
<br /> �F loaned�to suid mortgegor by Thc Equltablc Hutlding and Loun AssoclnUon of Grund[alund,Nebraeka,Mortgagoc,upon�$3 ahnres af stock af ,
<br />�,�� said ASSOGIATION;Cardflwtc:No.L 22+069' ,do horoby grant,convcy end mortgegc unm thc suid ASSDCIATION thc following
<br /> $ dcacribed 7en1 cetate,situatod ln Hull Counry;Nebraskn:
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<br /> K�� RRACTTONAI: tOT 'FiVE (5) IN FRACTI�NAL BLOCK FOUR (4) IN :RUSSEI WHEE'LER'S ', ;,;
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<br /> r:� ADDITION 1'O THE LITY OF GRAND ISLAND, NEBRASKA, AND ITS COMPLEMENT BEING , �;
<br />�� A PIECE'OR PARCEL OF LAND IN THE NORTHWEST QUARTE'R OF THE NORTHEAST QUARTER �
<br />�'��., �,
<br /> r, {NW�IE;) OF SECTION 16, '_N TOWNSHIP 11 NORTH, RANGE 9 WEST OF THE bTH P.M., ,:
<br />��.
<br />�.� WNICH 'TWO TRACTS TAKEN TOGETHER fORM A RECTANGULAR TRACT OF GROUND.HAVING ; . l,
<br />��, A .NORTHERLY 'FRONTAGE Of 52.8 FEET ON .NINI'H STREET., IN SAID CITY, A 'DEPTH ��
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<br /> l32 FEET, AND BOUN�ED ON THE SOUTH, BY 1'HE .ALLEY IN SAID BLOCK. � �
<br />�'� togethor with dll the:tonortiants,hereditamentc nnd uppurtenunces thmeunto belon�ing,inclu[ling attached Floor wvarings,all window screats,
<br /> E� windowshadcs,biinda,stormwintluws,ewnings;heating,aireonditioning,nndplumbingandwaterequipmente��d.accessoriesthereto,pumps;atovee, �
<br />��. refrigoratars,and tither.Cixtures nnd eqdipment now on c�renfter attnched to or usetl in connection wlth widxenl estnte. . E
<br />�� And wherens it�e suid:mortgagor hes agrecd,and docs hereby agrce that thc mortgagor shall end will pay all taxes und asuasmonts leuied or �
<br /> y� as.aessed upon said premises and upon this mer!gngc.nntl:the bond seeured thcrebv"before the same ahall become dclinquant;to furaish approvefl � , '`
<br /> inaurnnce upan thc buildings on s¢id.prcmiscs situeted In the sum of 5 �B�3OD.00 payable fo said_ASSOC1AT10N and to daliver to aaid
<br /> Y`�, ASSOC7ATION thc policus for swdansurnnce and no!to commit or permit any wnate on or u6aut said premues - ,
<br /> G'� In caae of dcEatiltm the perfornat�ce ot any ofthe terms and conddions of ttus mon�ugc or the bond xcured:hereby ffie mortgegee:shull, t `
<br /> k� on demnnd;.be entitled to immedlete poucssion of thc mortgaged:prem�res and tlie monFngar hereby essigns,3rnnsterc nnd seta over�to the ,
<br /> n
<br /> r�x mongugee all ihe.rents,acvenuesend incnme.to be derived.from the mnrtgnped Premises during such timras die,mangege indebtadness sfiall remnin , ,
<br />�''� unpaid;-and ihe mortgngee shell hsve thc powerto appoint nny agent oragcnis it msy desire for ihc purpou of xopaixing saut:prcmises nnd:rcnting
<br /> r.;i the anme;und eallocting the:ients,:revenucs.and:income,nndlt may pay out of said income till expensea of rap¢'uing said premisca and<necessety
<br />�'� �ommiasions nnd ezpenses incuved in icnUng and:manuQ,ing tl�e:same mnd of collecting rentals therefrom;3he:bataz�ce remeining;if uny,to be ; '
<br />�,� upplietl:toward ihe discharge of said:mortguge indebtadness;fhnserights of the mongogee msy be exerdised nt nny time duringxheaxistence oFsuch ` s
<br />�; defuult,irrespectwe aP.nny 2empwnry waiveroFthe,wma
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<br /> These Yresents,however,ure upon the Condition;Thet if the mld Mortgagor sfw!!repay suid loan nn:or hefore the mntudtyof said shures by �
<br />�, pnymen[;pey montfily to said ASSOCIATION of the sum spectfied in tl�e Band secured here6y.az interesinnd principnl an said laan,on or befmc
<br />,� ffic Twentieth day af each and rvery month,until wid loan is Fully puid;pay ull tnxes andassessmenu levied a�uinst said premises.and un this Mongnge
<br />��� anil the Band secured thereby,before delinquency;fumishmpprovcd insurance upon ihe buildinr,s thercon in die.sum of S�$�$Q(},:00 Paf�b�r +. '
<br />� Yo seid ASSOCIATIOh repny to said ASSOCIATl01�upon demand all monev b� rt pmd fnr auch taxes,nssc�sments and insucance'with:lntcrest at
<br /> the mar:imum l�g�l rate tl�creon from date of pnyment all of which hforteagorher�b�uerces to pay;permit nu wnste on suidpremises;keep and complp
<br />�,. wiUi all Yhe n�eements nnd condmons of the Bond for S �B,3��,OQthvs dav�ven by the said Mortengorto anid ASSOCIATIOT,und oomply
<br /> t`� with all:the requtrements ot the Constitution and'ByI.uwa of said ASSOG7AT10N;than these pmsents shnll bernme nuU mnd void,othenvix thcy
<br />��; shali remain'in full.force and may'be foreclosed at the option of the said ASSOCiA7'ION ufter fnilure for 4hrce months to:make nm af said
<br />;�.� pcymems or be three months in nrtcnrs in mul:ing suid mondity payments,or to kcep.antl comply with the agrecmentsund wnditions of uid Bond;
<br />����,�� und.Mortgngor.agrees tohave a.receiver uppointad�f�rthwith in such foreclosure�proceedinvs. �
<br />�,' If there is any clwnge in ownetship ot the:reul estnte mortengedf�erein,bv s¢lc or othonviu,then ihe ent'vc remaming inde6tedness hereby
<br /> 6# securod stw11,nt the optinn nf Thc Equitu6le Building antl Laan Aswciution nf Grund tslnnd,Nebraskn;bocome immediately due and payablewithom
<br /> y�i further.,notice,und tht emounr rcmuining duc under suid bond,and any other bond for any additional advences made thereunder,shnll,Crom ihe
<br /> k' dste of exerciu of mid option,beur.interest ut ihe maximum legnl rnte,antl thia mort�pge may thon be foreclosetl:to setisfy the amount due on said
<br />�+ bond;and nny otherband for additinnaladvances,3ogethcr with all sumspaid b��said The Equitubis Bw7ding snd L.ann pssociation uf Grand island,
<br />.� Nebraska forinaurance,tazes and nssessments,end abstrncting extcnsian churges,with intarest thereon,from date of payment at'the mvzimum
<br />� ' 9egal iate..
<br />�F�! :4s prnvided in thc:Bond secured.hereby,w!u"lr thia mortgage rem¢ins in effect thc mortgagee mey hereafter advance uddttianul sutna ia the
<br /> fk makora of suid Bond,thcirassigns or successora in intemst,which sums.shatl he within the security af fhis mortgage the anmc.nsthefunds ariginalty
<br /> F secured thereby,the 3cr�al amonnt of principal dobt not to exccetl at uny timethe originnl amouni oC this mortgage.
<br />�:� a�ac�,�a h •.�"j any or APfiI� .4.D.,iv 7b �
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<br />�4,{ ST.21CdOiTNT'1'dFF1AL7.�es. Ortthia 13th dayof ApP1� 1976 ,beforeme, .�.,-w r ,,:
<br />�� - � fh unde ed,nNotn PubLcln.and#orsaidCounty;personally�came �
<br /> Doug7�s R..Wadkins.•and �anice L. 'Wadki•ns, eac�i in�iis and .�ier r:' '`
<br />�,� own ra ght and as spnuse af e3ch OthBP Wh0 ;;dre pawonelly knownm � �:
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<br />'� ituto betl�e idemical:persoh S : whose neme 5 nffn;ed to the above instrument es mart�or 5 antl LhBy severally J a "
<br /> S� acknowledgedYhe:saiBtinsWmentto�n thE'11' voluntaryactnnddaed. ��`
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<br />��? ; g W l TT 1 F S S my 6 a n d:en d Nowr i e l.Se a l3 he i l au u foreseid. , ��
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<br /> �� R�i h �.L�:iM � Notury Public
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