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<br /> MURTGAGE
<br /> D10RTGAGB LOAN N0. � Z18J5
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<br /> KNOWALLAIENBYTtiESEPRESEN'fS:Ttint Charles E. Hoffman and D. Sue Noffman, 2dCh 111 h15 dfld I
<br /> her OW� P1ght dlld d5 SpOUSe Of edCh other, �lortgagor,whetheroneormore,inconsiderationofthesumof
<br /> Fourteen Thousand Two Hundred and No/100-------------------------------------------poL�Aas
<br /> loaned to said mortgagor by The Equitable Uuilding and Luan Associatiun of Crand IslanJ,Nebraska,Mortgagee,upon �42 shares of srock af
<br /> said ASSOCIATION,Cnrlificate No.L 97R75 ,do hereby grant,convey and mortgage unto the said ASSOCIATION tliz(ollowing
<br /> described real estate,situated in HaU County,TTeTraska:
<br /> LOT TWO (2) EXCEPT THE NORTH 88.3 FEET Of THE WEST 113
<br /> THEREOF AND EXCEPT THE SOUTH 15 fEET THEREOF; LOT THREE
<br /> (3) EXCEPT THE SOUTH 11.7 FEET Of THE WEST 113 FEET '
<br /> THEREOF; LOT FOUR (4) EXCEPT THE WESTERLY 99 FEET THEREOF;
<br /> AND LOT THIRTEEN (13) ALL IN FAIRACRES DAIRY SUBDIVISION
<br /> IN THE CITY OF GRAND ISLAND, NEBRASKA ACCORDING TO THE
<br /> RECORDED PLAT THEREOF.
<br /> togeiher with all the tenements,hereditaments and appurtenances thereunto belonging,induding attached Iloor coverings,all windcw screzns,
<br /> window sl�ades,blinds,storm windows,awnings,heating,air conditioning,and plumbing�nd water equipment and accessories thereto,pumps,stoves, � �
<br /> relrigeralors,and other fixwrcs and equipment now or heceafter attached to or used in connection with said�eal estate. � �
<br /> And whereas the said mortgagor has agrecd and does hcreby agcee thal the mortgagor sl�all and will pay all taxes and assessmrnts levied or .
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to CurnisL appmved � �
<br /> insurance upon thc buildings on said pcemises situated in the sum o!S �4�2��.�� payable to said ASSOCIATION and to deliver to said
<br /> .,��CL'1;TlC":ti'gc!i,_i^°re's'_'.d jnstrrane!••;md nnt in cnmmit or�ermit any waste on or a6out said Qremises: � _
<br /> Iti case u(deCault in the performance of any of die terms end wnditions of this mortgage ur the bond SCCL'f^d hereby,the mortgagee shall,
<br /> on dcmand,be entiUed to immediate possession of ihc mortgaged premises and the murtgagor hereby assigns, trans[ers and sets uvcr to lhe �
<br /> mortgagee all the rents,revenues and income to be derived fmm the mortgaged premises during such time as the mortgage indebtedness ehall mmain � �
<br /> unpaiJ;and die morlgagee sLall hnve the power to appoinl any agent ur agents il may desire(or the purpose of repairing said premises and renting � �
<br /> �, ; the s;fine anJ collecting the rents,revenues and income,xnJ it may pay out oC said income all expenses o(repairing said premises and necessaty
<br /> �:: commissiuns and expenses incurred in renting and managing Ihe same and o!collecting rentals thereCrom;the balance remaining,i(sny,to be
<br /> applied toward the dischnrge of said nwrtgage indebtedness;these rights of the murtgagre may be exerciud at any time during the exirience of zudi
<br /> defaull,irrespective of any temporary waiver of the same.
<br /> Thesr Presems,however,are upon the Condilion,That if the said Afortgagur shall repay said loan on ur before the mxturity of said sha:es hy
<br /> payment;pay monthly W said ASSOCIATION uf ihe sum speciGed in the Bund secured hereby as interest and principal on said loxn,on or be(ure
<br /> 7.�' Q�z Twentieih day of each and every monlh,until said loan is(ully paiJ;pay all taxes xnd assessmenls levied agains[said premises and on this!�tortgage
<br /> � ` anJ the fiond secured there6 before delin �enc (umish a 2��.�� r_^
<br /> y, q y; ppmved insurance upon ihe buildings thereon in the sum of 5�4� �����IC
<br /> to said ASSOCIATION:repay to said ASSOCIATION upun demand all money by it paid for such taxes,assessments and insurance with inrerest at � � �
<br /> '�' �, the maximum legal rate diercon from Ja�e uf payment all of which Dtorlgagor hereby agcees to pay;permit no waste on said premises;keep and comply
<br /> with all thc agreements and conditions o(Ihe�ond(m S�4 ZOO.00 ����s day given by the said htortgagor w said ASSOCIATION,and wmply
<br /> with all Ihe rcyuirements of tl�c Cunstilulion and 6yLaws uf said ASSOCIATION;then d�ese prescnts shall becume null und vuid,otherwise they
<br /> � shall remain in fidl(oree and may be furecluxd at the optiun uf the said ASSOCIATION after failuce (ur thme mondis to make any of said
<br /> f ' payments ur be lhree mon�hs in arrears in making said munthly payments,or tu keep and cumply a�ith the agreements and conditions of said Bond;
<br /> i � and Mortg�gor agrees to have a receiver appuinted fonhwith in such foreclusure proceedings.
<br />�` If;Fcre i;�a�c!:s.^.re i.^.own!'rship of the rcal es�ate mortgaged herein,by sale ur otherwise,then the entire remaining indebtedness hereby
<br /> �: sewred shall,at the option of Tlie Lyui�ablc Building and Loan Association o(Grand Island,Nebraska,becoma imrt�ediately due and paya6le withuut
<br /> further nutice,and the amuunt rem�ining due under said bund,and any uther bund for uny addition�l�dvances made thereunder,sl�all,(rom the
<br /> ,. date of exercise ot said uption,Uca�interest a�the maximum legxl r�te,and this murtgage may then be(oreclosed ro satisfy the amount due on said
<br /> ;, � bond,and any other bond for additional advances,together with all sums paiJ by saiJ The Equitable I3uilding und Luan Association of Grard Island,
<br /> ' � Nebraska fur inmrance,taxes and asseuments,and abstracting exten:ion charges,with interest thereon, Crom date uf payment at the manimwn
<br /> `� le��lrate.
<br /> As provided in t6e[iond secured hereby,while ll�is mortgage remains in e(fect d�e mortgagee may Lereafter�dvance additiunal sums W thc
<br /> t makers u(said Uond,their assigns ur successors in interest,which sums shall be within the sewrity of this mor�ya;e ehe same as ttre funds uri�inally
<br /> � ucurcd thcreby,the total amount of principal debt not to exceed at any time the original amount oE lhis mortgaga
<br /> : .n�c�a�n;: 12th ��>'°� Ncvember ��.�'.,��75
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<br /> �� c��:�,.r.� � i��F �� .�L��� �-�;�, :�.ii.._�,,:.�
<br /> Charles E. Hoff D. Sue Hoffman ' -T
<br />� ST�.TE OF NE9P.ASKA,�-ss. On this �2th d�y of November i�i i.�i ,uciuic u�c,
<br /> CCL'.:;YCF�;LL� _ I
<br /> ' - �he undersigned,a Notary Public in und for said County,persunally came . �
<br /> Charles E. Noffman and D. Sue Hoffman, each in his and her own righ��aadeas SPo o�?�o��W��� N �Ale
<br /> each other, �L ,_,, �
<br /> ��,�,i� G:a r;�
<br /> . me lo be the identical person5 whosc r�. ��,t� ed to lhe above instrumcnt as morigagor S and they savara�lY „�
<br /> � acknowledged the said instrument lo be t�1..7',�',��6164�Ciry,n �dced. n `
<br />�.' � H'li'NFSS my hand and I�ofarial SCal,lhe.daie�afoUSai a � �-�..
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<br />",;t,,�� Aty Commission expires'pLG`x...� �7r�%�J�1G ���/�L�G� � /�- _.
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<br />`.rz�?�:� �)�� �t ,-: ...�.� Notary Public
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