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<br /> 76- 0��27y
<br /> MORTGAGE
<br /> �tOR'fGAG@ LOAN N0. � 22,096
<br /> KNOWALLMENDYTHESEPRESENTS:That Georg�{Knuth and Mildred C. Knuth, each 111 f11S and her (
<br /> ; own right and as spouse of each other,
<br /> - : ________ Mortgagor_whetheroneormure,inconsideradonafthesumof
<br /> Six Thousand and No/100------------------- ----------'-'-'
<br /> llOLLAItS
<br /> loaned to said mortgagor by The Equitabia Building and Luan Associution of Crand Island,Nebraske,Murtgagee,upon 6� shares of stock of
<br /> said ASSOCIATION,Certificate No.L 22�096 ,do hereby grant,convey xnd mortgage un[o the said ASSOCIATION lhe following
<br /> described real estate,situated in Hall County,Nebraska:
<br /> LOT FIVE (5), DLOCK SEVEN (7), IN DILL AND HUSTON'S
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEaRASKA. °
<br /> together with atl the tenements,heteditaments and appurtenances thereunto belongirg,i�icluding attached ftoor cuvering:,all winJow screrns,
<br /> window shaJes,blinds,storm windows,awnings,heating,air conditioning,and plumbing and watereyuipment and accessories thereto,pumps,stoves, � � �
<br /> {7 reGigerators,and other fixtures and equipment now or hereaCter attached to or used in conneclion with said real estate. � . � � � ��
<br /> And whereas the said mortgagor Icts agreed and Soes Itereby agree that the mortgagor shall and will pay all taxes m�d assessments levied or � � ; .
<br /> assessed upon said premises and upon this mor(gage and die bond secured thereby before the same shall become delinquent;to fumish approved� � .
<br /> insurance upon the buildings on said premises situateS in qie sum of S 6��QQ.�� payable �o said ASSOCIATION and to deliver to said
<br /> ASSOCIATION tlie policies(or said insurance;and not to commit or permit any waste on or abuut said premises; � � .
<br /> In case o(deCault in the pedormance of any uf the terms and conditions of this murtgage or lhe bond secured hereby,the morigagee shall, - � � �
<br /> on demand,be entitled tu immediate possession of the mortgaged prcmiscs and the mortgagor hereby ussigns, tran:fers and sets over to the - � � . �
<br /> mortgagee all tlie cents,revenues and income to be derived(rum the mongaged premises during such time as the murtgage indebtednass shall remnin . . �
<br /> , unpaid;and lhe mortgagee shall have the power�o appoint any:�gent or agents il may desire for the purposc of repauing said premises and renling � � � � - . �
<br /> the same and collecting lhe rents,revenues and incume,and it may pay out of said income xll expenses o(repairing said pmmises and necessary
<br /> �� ' wmmissions and expenses incurred in renting and managing Ihe same and of collecting �entals therefrom;the balance rcmaining,iC uny,to be . � .
<br /> applied toward the dischnrge of said mortgage indebledness:these righls of the mortgagee may be exercised at any time during the existence of such .
<br /> defaul[,irrespective of any temporary waiver of the same.
<br /> P.';
<br /> These Pcesents,huwever,are upon the Condition,That i(the said Aforlgngur shall repay said loan on or before lhe maturity o(said shures hy � �.
<br /> payment;pay monlhly tu said ASSOClATION of the sum specified in lhe Bund sewred hereby as interest and principal on said loen,on ur befure �
<br /> ��; the Twentiethdsy af each and every mond�,until said loan is Cully paid;pay all tuxes and assessments levied ag�inst said premises and on this�foct�ge � .
<br /> and the Uond secured lhereby,be(ore delinyuency;fumish approved insurance upon the buildings thereon in the sum uf S 6.���.0� payable .
<br /> ir�`�. to said ASSOCIATION;repay to said ASSOCIATION upun demand all money by it paid(or sucl�taxes,assessmen�s and insurance with interest at � � . . '
<br /> �� the maximum Icgal rate thereon from date of payment all of which hlortgagor hereby agrees to pay:permit no waste on said premises;keep and comply .
<br /> wi�h all the agreements and cunditions uf the Bond for S 6����.�� Ihis day given by the said Atortgagur to said ASSOCIATION,and cumplY
<br /> with all the reyuiremenls of the Constitution anJ By-Laws of saiJ ASSUCIATION;then these presents shall becume null and wid,otherwise they
<br /> � shall remain in iuli Ir:ce end m�y be foreclosed a!the optiun of thc said ASSOCIATtON a(ter failwe fbr three munths to make�ny u(said
<br /> � payments or be three munths in ar�ears in making said monthly paymenls,ur tu keep and cumply a�ith the agreements and condilions uf v�id 13ond;
<br /> � _a,!R�e��c.g��agre?s!o��Ave a recciver a000inted forihwith in such(ureclosure pruceedings.
<br /> i � If therc is any change in ownership o(thc real estate mongaged herein,by sale ur otherwise,tLer.tl�e entire remaining indebtedness:�ereby
<br /> , ucured thall,al lLe option of The Gquitable�uilding and Luan Associalion of Grand Island,Nebraska,beconu immediately due and p�yable without
<br /> turthu notice,und the amuunt remaining due under said bond,and any olher bond for any additional advances made thereunder,shall,(mm the �
<br /> clate of exercise o(said option,bear interest at the maximum leg�l rate,and this mortgage may then be(oreclored to satisfy the amount due on said
<br /> e. ' bond,and any uther bond for additional advances,together with all sums paid by wid The Gyuitable Building and Loan Association oC Grand Island, �
<br /> � Ne6raska for insuranee,taxes and assessments,and abstrncting exlension charges,with intems� thereun,(�om date uf payment at die m�ximum
<br /> Icgalratt.
<br /> As provided in the Bond secumd hereby,while this murtgade remains in ef(ect the mortgagee may hereafter advance udditional sums to the
<br /> � malcers of said Bond,their assignt or successors in interest,which sums shall be within the ucurity of this modgage the ame at d�e funds originally
<br /> secured ihereby,lhe total amount oC principal debt nut to exceed at uny time the original amount of this morlgage.
<br /> Dated this •ZEtII aay or Apri 1 n.o• u 76
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<br /> ` ��'��• �'t fd�� �i I.,., i.,, � �' �; . .�-,-:�
<br /> eorge � �uth � re . nu
<br /> � STATE OF NEDRASKA,�ss. On this 28th �aY°C A ri 1 �9 76 ,before me,
<br /> COUNTI"OF HALL P :..t
<br /> . hq unde�si d,a Notary Pub6c in and for said County,personally came �`'�" ��
<br /> GeorgdiKnuth and Mildred c. Knuth, each in {�is anc��ier own N-u;.
<br /> ri ght and d5 Sp0U52 of each other ��h� dre Persunally known to �
<br /> � me to be the identical person �S whose name 5 affixed to the above instrutnent ^or S and they se��erally J � , .
<br /> �� th211' ' .r" 4���,
<br /> : acknowledged the said msVument to be voluntary act and deed. /J � .
<br />$ „ � --,F'IITICS$r`tiyliand and Notariat Seal lhe date aCoresaid. 1- �{� t�1t
<br />°'� � ' .� My Commissiop expires \ i��/_ . .� A/ �
<br />��� _. _ :;-;i `%%�j �' , ��il/L� !/ Not ubhc �
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