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<br />�� MORTGAGC LOAN N0. �- 22,OJ4
<br /> K'. . KNOWALLM�NBYTHLSEPRES8NT5;rt�a� Gerald L. Meyer and Ann K. Meyer, each in h9s anc; her j
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<br />� OW11 PiPub dI1Cl d5 spouse of each other, M�<<�Bor,wnetho�o��ormore,ineoneidcratlonofthoeumof ; �: �
<br /> Forty-four thousand-and No/100 -__::_______________________________________________��L�� ; ,
<br />�' lonned lo wid moclgegor by The Equituble Bullding'and Cuan AasoclaUon aCCrsnd lsland,Nebraske,Mortgegee,upon 440 shnres of atock o[ �i�
<br />` � sald AS50CIAT10N;CnrHlioate No.L 22���4 ,du heroby granl,wnvey and mnrtgago unta tho said ASSOClAT10N tha fo�lowing � ';
<br />� ' descHbed:�enl catatc,situated ln Hall County,Nebrneka; , i � '' r r `,
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<br /> r �� LOT TWO'(2) $UNSET SIXTH SURDIVISTON; BEING A TRACT-0F LAND'; S,
<br /> COMPRTSPNG A PART OF LOT ONE (1), SUNSET SUBDTVISION'AND A '
<br /> PART OF?HE NORTHEAST`QUARTER'(NE�) 'OF.SECTION ELEVEN (11), � ���
<br /> TOWNSHIP ELEVEN (11) NORTH; RANGE TEN (10) WEST OF THE 6TH ; �
<br /> r�, P.M., IN.HALE COUNTY, NEBRASKA. 'r`
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<br /> S�� LOT FI'FTY'EYC�HT (581. IN WEST LAWN, AN ADDI:TION TO THE CITY � '�
<br />"� OF GRAND ISLAND, HALL COUNTY, NEBRASKA. j ..`;� 'f?�;
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<br />� � together with ull the tenements;hereditaments and appurtendnces tharounte belonging,including atlached.11our,coyedngs,ull_window scrcens, � { i �''
<br /> t window shades,blinds,'stonn windows,ownings;heating,air conditianing,and plum6ing and water equipment and acceswries theteto,pumps,stoves, ; �"j
<br /> y � refrigcralors;end other flxturcs ond equipmenl now or herea(ter attachad to or used in conneation with said real estate, , : r f'�k
<br />�� . And whercae the said mortgagor has agreed und does hemby agrec that tlte mortgagur shall and will pey ull tuxes and essestments levied or E} �� f "�r,f�zy
<br />�. " 'assessed upon seid'premius and upon tkis mortgage and thc bond secured thereby before thc same shall become delinquent;to furni�h approved � � } Y�'"`�
<br />� insurance upon the buildings on said p�emiecs situated in the sum of 3 Q!j OOO:OO Payable to said.ASSOC(ATION and to deliver to snid � � z���,!'�
<br />; ASSOCfAT[ON the policics for said insurance;and not to commitbr permi'�any waste on or about said promises; . � �zuj,'
<br /> (n case oC default.in the performance of any of the terms and conditions uf this mortgage or the bond secured hereby,the.mortgagec sh�ll,- � '
<br />� ' on demand;be entided ta immediatc poss�ssion o!the mortguged premiscs and tfie mortgagor hereby-assigns, transfcrs and sets over to the } n
<br /> modgagee all the rants,revenueS and income to be dedved Gom the mortgaged premises during such time es the mortgage indebteilneu shall rematn ' 4 4 ,
<br />�,- . unpeid;and the mortgagce shall have tho powecto sppuint any agent or agents it may.desire Cor the purpose of rapnidng aaid premises and-renting � r r -� j' '�
<br />,�,,, the same and cnllecting the rent§;rovenuerand income,and it may pay o�t of said income all expenses of repairing said premius and necessary 1 °'
<br /> s commixtions and ezpenses incurred tn renting and'maneging the same and of collecting'rentals the�efrom;ihd balance remaining;if any,lo;ba . 'ai: �f
<br />`i " applied toward tha dischacge oE said mortgage indebtedness;these rights oF the mortgngee may 6e exerciud et any time during the euistence af 4uch 1 ;;.f x'`tt ;
<br />� ^ defeult,irrespectivc of any temporary wa(ver of the sama h , , r �
<br />,� These Presents,fiuwever,are upon the Condition,Tfiat if the said Martgager shall repay said loan on or befure the matudty�f said shares.by ; Y ,t '�+�3
<br /> `payment;pay monthly to said ASSOCIATION oF Ihe sum specified in the Bond securod heieby as interest and principal on said loan,on or before `/r � 5.
<br />% tfie Twenlieth duy of each and every month,until mid loan is Cully paid;pay all tnxes and assessments levicd against said prcmises nnd on this Mor[gage ' .
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<br />,= and thc Bond sewred thcrehy,before dclinquency;fumish approved insurance upan the butldings thereon in the sum of S QQ�0�0.OO .payable � �, ,� z '
<br />(.� to said:ASSOCIATION;repay ro said ASSOC[ATIONupon demand all money by it paid forsuch taxes,assessments and insucance wfth interest at t t
<br />'� the maximum legal ratathcrcon from date of payment all of wh.ich Mongugor hereby agrees to pay;permit no waste on said premises;keep and comply '' ' �`i +.
<br />;a' with elf the agreements nnd conditione of the Bond for$ 44����.��t}us day given by the said Mortgagor to said ASSOCIp'C10N,und comply � �
<br /> s with nU tfie requirements o[the Cunstitution and ByLaws of said ASSOCIATION:then these presents shall become null and void,othenvise they
<br />��� shall romain in fu11 force and may be foreclosed at the option of the said ASSOCIATION nftti failure Cor thrce monlhs to make any nC said •` �
<br /> y,� paymcnts ur tie tltree months in erroats in making said monthly payments,or to keep and cornpry K:th thc agreements and condidons of said Iiond; , �
<br />�.� , and Mortgagou agrees to huve u recciver appointed forthwith in such forclusure proceedings.
<br /> If there is any change in ownership of tfie rcal estate mortgaged herein,by sate or otherwlse,then the entire remaining indebtedness hereby r
<br />`` secured shall,althe opHan of The Equitable Building and L.oan Assuciation of Grand Islend,Nebraska,became immedlately due and payeble without
<br />��� furthcr'notice,and the amount cemaining due under said bond,and any other bond for any additionaFadvances made thereunder,shall,Gom the
<br />°7' � dntc of exercise o(said option,bear interast ut thc maxim�m legal ratc,and this modgage may then be fottcloud to sa[isty thc amount due on sald
<br /> 4�� tiand;and any other bond tor eddilional edvences,together with all sums paid by ssid The Equitable Butlding and Loen Aswoiation of Grand[sland,
<br />�� Nebraska for insurance,taxes and assessments,and ab�lrncting extension charges,with interest thereon,hom datc of payment at the maximum
<br /> o-4� legal retc.
<br /> As provided in the Bond secured here6y,while this m�rtgage remains in eflect the moctgegee may hereaftu advaace ndditional sums to the
<br />�� makers of sald Bond,tficit assigns or successors in intecesl,which sums shnll bc wilhin tha secudty of this mortgngt the same as thc Cunds originaliy
<br /> 3 w.cwed lhereby,:thc totul amount o(urincipal debt no:ta exceed at any time the original emount af this mortgage.
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<br /> 4 nai�a�d: 15th any oe Apri 1 n.n.,i�76
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<br /> ryt" . C�era ld�L: Mey . Ann K. Meyer:-
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<br /> uSTATE OE NEBRA3KA 1 ^ �
<br /> r� 3L 0�this �5th dey of APr1�; 19 �6 ,before me, ' i
<br /> ,CdUNTY OF HALL J . . �,�, °-t� �r�y�
<br /> 9 � ' ` the und rsigned,a Notnry Publlc in and for said Cowty, ersonally came •:� �` �er:
<br />;¢ ` Gerald L ' Meyer and Anrr K, Meyer; each in'his and �er own right and as spouse ofi each °�4 �� �.
<br />� OtflEG�;. ', •; " who dl'@ Pecsonallyknownto $*�� .,t"s
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<br />;y , me to be.the idenlical person5 Whou nameS dP2 affixed to the above instrutnent gegot:i and tI12,)/ severally I , �
<br />�' ; apknowledged the said�lnstmmertt to ba the9 r voluntary act and dead. s;
<br />{� GENEqqL NOTA����a d and Noterial Seal the date a(oiesafd. ^�� Y
<br /> '� � JAMEF�.My,RRnUpluion xpires L,��l���� ,�
<br /> � � �1e��1 , .tAyiur� Ezp tluv <7,'l9'� � .
<br /> 7 _ .� Notary Public
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