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<br /> f►023(q6
<br /> n1oRTcnce
<br /> MOR1'CAGG LOAN N0.L ZZ��05
<br /> KNOW ALL�tEN BY THCSC PRBSENTS:Thnt Paul K. Wi 1 son and Annette W7�SOl1� each 1 tl hl S and her 7
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<br /> h own right and as spouse of each other, Mortgagor,whetheconeormore,inconsideretlonofthesumof
<br /> ` Thirty-one Thousand Six Hundred and No/100----------------------------------------�LLA�s
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<br /> louned to said modgagor by The Equitnble Duilding and Luan Association of Crand Island,Nebraska,htortgagee,apon 316 sl�ares of stock of
<br /> said ASSOCIATION,Certificate No.L 22,��5 ,do hereby grant,convey and mortgage unto the said ASSOCIATION Nie following
<br /> described real eslace,situated in Hall County,Nebraska:
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<br /> j LOT TEN (10) IN BLOCK THREE (3) IN
<br /> �i LE HEIGHTS SECOND SUBDIVISION, HALL
<br /> x COUNTY, NEBRASKA, BEING A PART OF }
<br /> THE NORTHWEST QUARTER OF THE NORTH-
<br /> -; WEST QUARTER (NW;NW,) OF SECTION
<br /> j ELEVEN (11), TOWNSHIP ELEVEN (11)
<br /> � NORTH, RANGE TEN (10) WEST OF THE
<br /> ,; 6TH P.M., IN HALL COUNTY, NEBRASKA.
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<br /> ! together K•ith all the tenements,hereditaments and appurtenances thereunto 6elonging,including attached iloor coverings,all window screens, '
<br /> r� window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing anJ water eyuipment and accessories thereto,pumps,s[oves, . � �
<br /> # cefrigerators,and other fixwres and equipment now or LeresCter attached to or used in connectiun wi�h said real estata
<br /> �� And whereas the said mortgagor has agreed and does hemby ngrce that the mortgagor shall and will pay all taxes and assessmems levied or
<br /> � assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquenr to fumish appruved
<br /> insurance upon the buildings on said premiscs situated in the sum u(S 3�,6��.�� p�yable to said ASSOCIATION and to deliver to said �. � � � � �
<br /> -�.5 ASSO(:IATION ihe policies for said insurance;and not to commit or permi[any waste on m abuut said premiser, � . � � "
<br /> In case o(de(ault in the performance of any of the terms and conditions o(this mortgage or the bond secured hereby,the mortgagce shall, � � �� �
<br /> �,� on demand,be entided!o immediate pusxssion of the mortgaged premises and the mortgagor hereby assigns, transfers and sels over to the ,
<br /> <;� mortgagee all the rents,revenues and income tu be derived from the murtgagad premises Juring such time as the mortgage indebmdness shall[emain � . . �
<br /> �.� unpaid;and the murtgagee shall have the power to�ppoinl any agent or agents it may desire tor[he purpose of repairing said premises and renting .
<br /> 'i the same and collecting Ihe rents,revenues and income,and it may pay out of said income atl expenses of repairing said premises and necessary � , .. �
<br /> commissions and expenses incurred in renting and managing the same anJ of collecting tentals thereCrom:the balance renmining,if any,to be
<br /> applicd toward the disch�rge of said mortgage indtbtedness;lhzu rights of the mortgagee may be exercised at�ny time during the existeace of such � - - -
<br /> "y default,irrespective o(any lemporary waiver o(the same. . � -
<br /> ,'` These Presenls,ho«•ever,are upon the Condition,That if the said Afortgagor shall repay said loan on vr before the mxturity o(said shares by � � ��
<br /> �.g paymenl;pay mon�hly to said ASSOCIA7'lON of the sum specified in the Bond secured hereby as intercst and principal on said loan,on or befure � � .
<br /> b; the Twentielh Jay of each and every month,until said loan is Cully paid;pay all t�xes and assessments levied against said pcemises and on this MortEage � � � �
<br /> t� and the 6ond secured thereby,befure delinyuency;(urnish approved insorance upon[he buildings tliereon in Ihe sum of S 3��6��.�� payable �. � �
<br /> to said ASSOCIATION;repay to said ASSOCfATION upon demand all money by it paid(or such taxes,assessments and insurance with interest at � .�.
<br /> ?��. the maximum kgal rate Ihereon frum date of payment all of u•hich hturtgagor hereby agrees ro pay;permit no waste on said premises;keep and eomply - '
<br /> ��'; wiih all the agieements and conditions of d�e Bond fo�S 3��60D.OO this day given by Ihe said Atortgagor to said ASSOCIATION,and comply
<br /> with all die reyuirements ol'the Cunstitution and DyLaws of said ASSOCIATION;then these presents shall 6ecome null and void,uther���ise thcy
<br /> shall remain in full furce and may be foreclosed at the optiun o(�he said ASSOCIAT(ON after failurc for three mond�s m make any of said
<br /> 4��._ payments ur be ihree monlhs in arrears in making said monthly puyments,or to keep and comply with d�e agreements and conditions oP said Bond;
<br /> anJ Afortgagor agrees tu have a recei�•er appointed forthwith in such foreclosure proceedings. . .
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<br /> If there is any changc in ownership of the rcal estate mortgaged hemin,by salc ur oqienvise,lhen the entire remaining indebtedness hereby �
<br /> secured shall,at the optiun of T6e Lyuitable Building and Loan Assuciatiun of Grand Island,rebraska,become immediately due and payable widioul .
<br /> (urther nulice,and the amount remaining due undee said bond,and any uther bond for any additional advances made lhereunJer,shall,Iro!n the
<br /> F�� date uf exercise oCsaid option,be�r interest at the maximum legal rale,and this nm�tgage may then be foteclosed to satisCy the amount due on said
<br /> - bond,a�id any other bond for adJitional:�dvances,together with all sums pnid by said The Lyuitable Building xnd Luan Associaliun of Grand lsland, �
<br /> Nebraska for insurance,taxes and assessments,and abstracting extensiun charges,wiih inlerest thercon,Irom date of paymen[ at the maximum
<br /> le;alrate.
<br /> As pcovided in the IIond sewred hereby,while ttus mortgage remains in eCfect the mortgagee may hereafcer advance additional sums[o the
<br /> makers of said Hond,their auigns ur successors in interest,which sums sLall be within the mcurity of this mortgage the same as the funds originally
<br /> secured thereby,the to[al amount o(principal debt not to exceed a[any time the ori�inal amount of this mortgage.
<br /> Dated this �,����,� day of May, A.D.,19 �6
<br /> ; Paul K. Wilso �/• ;� Annette Wilson; /,
<br /> ry.r��; ,� �� , ,-�.� %��,-;::%f.%:-�,.,�
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<br /> f SI'ATE OF NEBRASKA,1 �
<br /> � �ss. On ihis 3rdday of May l9 76 ,before me, +
<br /> i COUNTY OF HALL�
<br /> "�'� � the un er igned,a Notary,Yublic in and for said Counry,personal! came � . �
<br /> Pa ' son and Annette Wilson, each in his an�d �er own r�ght and as spouse of eac� « � is-' '
<br /> ��C fr�.' u�ho dre personally knu�vn to ?
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<br /> me t�'�etiih�idet°r�tp' '1 p T onS whou nameS dP2 a(fixed to lhe above instrumenl as mongagor 5 and they s��'erally � h
<br /> .�a�now�ci�eti t�e�saj�ins�tumrnt lo be thei r �oluntary act and dced. rri , �
<br /> ��". � '��� WI2N�S�my hand and Notazial Seal the date a(oresaid. ��
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<br />^.� �o � t�t Commis:ion ex ires � � �l
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<br /> ���r �� �� ;`tNulary Fublic
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