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<br />� ni;�nFsr�n.wi�cthr�onr a:mru.�r;:.�nvacrut�on ol thc sum.d
<br /> i: Twe+�ty Thousand Eight Nundred and �Jo/100------------------------------------------„�,Lt�rti
<br />+ --..__.__..-------------.—�_----------..__.
<br /> loancd�o s�id murtgacor Ay Thc Equitnblc BuildinE and Luan Associxlion of Grand Islaod,�rbrail.a,!,9ortga@cc,up�+n ZQ8 Lharrs ol stocl:of �
<br /> said ASSOClAT10N,Certificaie No:L 22 0q� ,do hereb�•grant,com�ey xnd mottgsge unto the snid ASSOC1A7tON the tollowing
<br /> described real cstate,sitwted in E�all Countj•,fiebraska:
<br /> 3
<br /> TNE NORTHERLY SIXTY FOUR AND iW0 TENTHS FEET (N64.2')
<br /> OF THE FOLLOWING DESCRIBED PROPERTY: FRACTIONAL LOT
<br /> FOUR (4) IN FRACTIONAL BLOCK 7WENTY ONE {21) OF RUSSEI "
<br /> WHEELER'S ADDITION TO GRAND ISLANO, NEBRASKA, AND ITS
<br /> CQMPLEMENT FRACTIONAL LOT FOUR (4) IN FRACTIONAL
<br /> BLOCK ONE (1), OF H. G. CLARl;'S ADDITI�"1 TO GRAND
<br /> ISLAND, NEBRASKA.
<br /> tagether W7th all the tenements,hereditaments and sppurtenanccs thercunto belonging,incfudir.g attached floot coverings,aL window�a..-rcens,
<br /> j window xhadcs,blinds,atorm u�indows,awmings,heating,sir conditiuning,and plumbing and water cquipment and acassories therem,pumps,aioves,
<br /> � rcfrigcrators,and other fixtures and equipmmt now ur hereahcr attached to m used in coancction with said rea]estata
<br /> '". And a•hereas the said mortgagor has agreed and does hereby acree that the mortgagor shall and wiU pey all taxes aad suessments tevied or
<br />,�4 assessed upon said premists and npon this mortgage and the bnnd secured therebv befare the same shall become delinquent;to furnish approved
<br /> inswana upon the buildings on said premises situsted in the siun of S ZO,800.00 payable to said ASSOCIATION and to�eli�rcr to seid
<br /> �§ ASSOCIATION the policies for uid insurana;and not to commit or prrmit any waste un or about said premises;
<br /> In case of dcfautt in the pertormance af any of the urms and canditions of this mortgage or the bond xaued here6y,tht mortgagee shail,
<br /> on demand,ba entiticd to immediete possezsion of the mongaged premises and the mortgagor huob�• assip��s, transfers and uts over to the
<br /> mort�er ail the renu,revenues and income ta be derived Gom the mortgaged premises during such ume as tha mortgage indebtedness sfull remain
<br />�� unpaid:and the mortgaga shall have thc powu fo appoint am a@rnt or agents it mav dcsire for thc purpose of repairing said prcmiu?and renting
<br />�i the same and roliecting the rents,rnxnues and inmme,and it may pay out of said income all expenses of repsiring said prcmius and nettssnry•
<br /> commi�ions and cxpenses incurted in rcnting end managing the same and oP rnllecting rentals theretrom;the ba]ana remaining,if eny,to be
<br /> � applied toward the discharge uf said mortga¢e indebtedness;these riehts of the mon�agee mny be ea�rciud at sny time during the existena uf such
<br /> fdefault,irtespective of any temporary e•eiver of the same_
<br /> Theu Presents,however,are upon the Condition,'fhat if the said Mortgagor shnl]repay said loan on or beforc the maturity of said shates by
<br /> � paymenti pay monthly to said ASSOCIATION ot the sum spetified in the Bond secured licrcby as intetest and principal on said loan,on nr beforc
<br /> � tha Tw�entieth day of eecfi and even�month,unial sai3 loan is fully paid;pay all taacs and assessments lc�ied against said premiscs and on this Atortgage
<br /> � and the Bond secured thereby,before delinquency:fumish appmved insurance upon the buildings thereon in the sum of S 7O�$QQ,QQ Paye6le
<br /> '� to said ASSOCIATION;repay to said ASSOCIATION upon demand all monty b��it paid for such ta�es,assessments and insurance with intere�t ai
<br />,� the maximum legal rate thereon from date of paymrnt all uf which Afortgagur hercbq agrees to pay;}urmit no waste on said premises:keep and cemply
<br /> ' uyth sll the sgrcemenis and cnnditions of the Bond for 5 20�$QQ Q�:his day��iven by the said Mortgegor to said ASSpC1AT'ION,and cumpty
<br /> �. aith all the rcquirements ut the Constimtion and HyLaws of said ASSOCIATION:then these presents shall 6cmme null and�roid,othe�7st they
<br /> shall remain in fuli fotce and may be foreclosed xt thc option of the sai� ASSOCIATIO\ aftrr failu:e tar three months to mal:t am•oC said
<br /> paymenu or be three months in arrears in mal:inp aid monthly paymants,ot to keep and comply W'ilh the agrtements and conditions ut said$und:
<br /> and Mortgagor agrres to have a receirer appointed iorihw�th in such forcclosure proceedings.
<br /> If thete is um change in oHners4ip of ihc real eitatc mortgagcd herein,by salc or othern•ise,then the antirc Temaining indebtedness hereby
<br /> sccured shall,at thc aption of Thc tiyuitable Building and Loan Assoriatiun of Grand Island,Ne6raska,bemme immediately due and payable without
<br /> turther noticr,and the acnount remaining due under said bond,and any athcr bond for any additional ad�ances made thamundor,shali,from fhe
<br /> datc of aaercisr ot said option,beer interest at thc maximum legal r,te,and this murtgage may then be foredosed to satisfy the amount due on said
<br /> bond,nnd any othcr bond for additional ad��anas,togethcr with all sums paid by said The Equitable Building and Loen Aswciation of Grand lslnnd,
<br /> Nebraska(oc insurance,tara and asscssmenu,and abatracting extension chargcs,with intcrest thcrmn,from date of payment at the rnaximum
<br /> lcgal tate.
<br /> As provided in the Bond ucured hereby,e�hile this mor:gage remains in effcct the mort�agec mey herca(ter ad�ana edditionai sums tu the
<br /> Y maken of said Bond,their gssigns or sucasmrs in intettst,ahich sums shall be aithin the xcurity of this mortgage the s me as Uie funds originally
<br /> ssi
<br /> smired thtrcby,the total:amount of principal debt not to cxceed at any time thc original amount of this mortgsga
<br /> 9CC7
<br /> nacea�n�: 23rd� �v af Apri 1 .a.n.,�U 76
<br /> �>.csi�.��i;�.�� .�;1�>tt�t-1'
<br />, 1 frances M. Gimbel
<br /> '� �
<br /> �sra�or•r�axnsxA,
<br />�'� � ss. On this 23rd day of Apri 1 19 �6 ,before me, 1 '
<br /> y COUN'['1'OFtiALL
<br /> the undersigned,a Notary Public in and for said County,personailp came `F"` 1'*
<br /> � Frances M. Gim6el, an unr�narried widow, w:
<br /> who j 5 persnneliy known to +:
<br /> 3'u.
<br /> me to be the identical person a•hou nune 15 aifiaed ta thc above instrumeMaa�ortgagor and S ft2 xreraliy , N��',
<br /> 1
<br /> acl:nowledged the seid instrummt tn bc F121" volwtary act and dad. f,•' � � ' �,.'
<br /> WfINESS my hend and Notarial Seal the date a(oresaid. � : ti � /��, F,
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