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<br /> h10RTGAGE -
<br /> MORTCACB LOAN N0. L ZZ 1 OQ
<br /> KNOW ALL M�N DY THESE PRESEN'1�:That Arthur R. Goodwi n and I rene M. Goodwi n, BdCh 1 Il hl S �
<br /> and her own right and as spouse of each other,
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<br /> Mortgegor,whether one or more,in consideration of the sum of
<br /> s Twenty-five Thousand dild NO/�OO---------------""""""--""-----�----�--��-----DOLLARS
<br /> loaned to said mortgagor by The Equitable 13uilding and Loan Associatiun ot Crand Island,Nebraska,Alortgagee,upun 25Q shares of stock uf
<br /> s.id ASSOCIATION,Certificate Nu.L 22��04 ,do hereby grunt,convey and mortgnge untu the suid ASSOCIATION the fullowing
<br /> Jescribed real estate,simated in H�ll County.Nebraska:
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<br /> �;� ALL OF LOT FOUR (4), aLOCK EIGHT (8), IN
<br /> DILL ANQ N�JSTON'S ADDITION TO THE CITY +
<br /> 't OF G�iAND ISLAIVD, HALL COUNTY, NEBRASKA.
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<br /> d�,i together with all the tenements,hereditaments and appurtenxnres thereunto belonging,including attached tloor co�'erings,all window screens, . � � �
<br /> window shades,blinds,stonn windows,awnings,heating,air cunditioning,and plumbing and water equipment and accessories theretu,pumps,stoves,
<br /> � rafrigtrators,and other fixtuces and equipment now or hereafter atteched to or used in cmmectiun with said real estata
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<br /> And whereas the said mortgagor has agrced and dces hereby agree that the mo�tgagor shall and will pay all taxes and asussments levied or . .
<br /> asseued upon saiJ premiszs and upon tliis mortgage and the 6ond secured thereby hrfure the same shall become delinquent;to fumish approved .
<br /> r:�:; insurance upun the buildings on said premises situaud in d�e sum o(S 25�000.Q� payable tu said ASSO(:IATION and to deli��er to said � .
<br /> ASSOCIATION the policies tor said inwrance:and not lo commit or permn any waste on or about said premises; .
<br /> In case of de(ault in the performance of any of the terms and condilions oC ttus mortgage or the bond secured hereby,the mortgagee shali,
<br /> on demand,6e entiAed to immediate possession o!the murtgaged premises and ihe mortgagor hereby assigns, transfers and sets urer tu thc
<br /> mortgagee all the rents,revenues a��d income to be Jerived from the mortgagad premises during such time as the mortgage indel+tedness shali remain :
<br /> unpaid;and�he mortgage:shal!h:.t�c:h:;.e�.v;r to appoint any agenl or agents it may desirc for the pucpuse of repairing said premises and�enting .
<br /> the same and collectirig the rents,revenues and income,and it may pay out oC said inmme all expenses uf repainng said premises and necessary � .
<br /> cummissions and expenses incurred in renting znd managing the same and uf collecting renlals therefrom:the balance remaining,if any,to ba . .
<br /> ���`- applied toward the dischacge of said moetgage mdebtedness;these rights o(the nwrtgagee may be exercised at any time during the existence of such
<br /> default,irrespective oC any temporary waiver of the same.
<br /> ���� These Yresents,however,are upon the Cundition,Thal i(the said Afortgagur sl�ell repay said loan un or before the mnturity ot said shaces by -
<br /> s�` payment:pay munthly tu said ASSOCIATION of the sum specified in the Bond secured hereby as intertst�nd principxl on said loan,on or beCure
<br /> the Twemieth day of each and every month,until said loan is fully paid:pay all taxes and assessments le��ied against said premises and on this Alorlgage
<br /> and the Bond secured thereby,befure delinquency:fumish appmved insurance upon the buildings thercon in the sum oC 5 25,��0.0� pat�able . �
<br /> to said ASSOCIA710N;repay to said ASSO('IATION upon dem:�nd all muney by it paid for such tuxes,assessments and inwrance with interest at .
<br /> - the maximum legal rate thereon(rom dale of payment all o(which t�fortgagur hereby agrees tu pay;permit no w�sre on said premises;keep and comply .
<br /> with all the agreements and wnditions of the Bond fur 5 P5����.�� Ihis day giren by the said�tortgagor to said ASSOCIATIO\,and comply
<br /> with all the requirements o(the Cunstiwtion and Ry-Laws of said ASSOCIA7lUN;lhcn ihcse presents shall become null and void,uthenvise they
<br /> shell remain in full fo�ce and may be Coreclosed nl the option of the said ASSOCIA710T� after failuce tor three mon[hs lo make any of said
<br /> payaneNs or be three months in arrea�s in making said tnonthly paymznts,ur to keep and comply with tlie ag�eements and conditiuns ol'said Uond;
<br /> and M11ortgagor agrees to h�ve a receiver appoinled forthwith in sud�foreclosure proceedings.
<br /> '" ' If thcre is any change m uwnerthip oi iiie real estaic mu7igagcJ I�erein,by sale ur utherwisc,thon the entita remaining inde6tedness hercby
<br /> secuced sliall,at du optiun oCThe Equitable BuBding and Loan Aswcivtion of G�ind Island,Nebraska,become immediately due anS payable without
<br /> further notice,and the amount remaining due under s:+id bonJ,and any othcr bond for any additional�dvances mada lhereundar,shall,from the
<br /> � date of exercise of said uption,bcar interest at the mazimum Iegzl rate,and Uiis mortgage may then be foreclused to satisfy the amount due on wid
<br /> � bond,and any other bond fur addi[iunal adti�ances,together with all:ums paid by said The Equitable UuBding and Loan Association of G�and lsland,
<br /> `- Nebraska Cor insurance,taxes and assessments,and abstracting extension charges,with interest thereon, from date o(payment at the ma�cimum
<br /> . Icgalrate.
<br /> As provided in the Oond ucureJ hcreby,while this mort6agz remains:n efCect th:mertgs,e^_may heresftv adr nce additional sums to the
<br /> makers of said Bund,their assigns or successurs in intecest,which sums shall be within the security of ihis murtgagc thc wine as the furds origir�llV
<br /> uwred thereby,the total amuunt of principal debt not to exceed at any time ihe oriNnal amount of this mortcage.
<br /> � �. �'- /�a��c j-ct,�: 3rs� �a�y or May ��.u.,i�� 76 ,
<br /> jl.l�l�Gt�f �l �`�7.�'.IG-L(.Y tt,.i � S!�/-[r„ �/�jf� Yyr_r-,-,�tC>7 t'1J
<br /> ` ��j Arthur R. Goodwin � Irene M. Goodwin
<br /> STATE OF NEBRASIiA, u On ihis 3rd �a5'°f ��1dy l9 ]( ,before me,
<br /> COUNTY OF HALL�� I . ;
<br /> � the undersigned,a Notary Public in and Cu�said Coun[y,personally came .
<br /> Arthur R. Goodtvin and Irene M. Goodwin, each in his and her uwn ��ho are Personallyknownto � N 3,
<br /> ri ght and as spouse of each othe�-�.suz;i_4 � � �
<br /> me to be the identical perwn S Whoup�me�yt• h'���1;«�''#(fixed ro the above instrumrnt as mortgagor g and they sevcrally
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<br /> - . acknowledged the svd instrwnent to be .�hetp� H iokin4ary act;and deed. � ; ..
<br /> , WITNESS my hand an�7ddotadsl'Seal tha dete 9fortsajd. � 1
<br /> My Commission expire���� � �� .�� � �� ` �ij � � '�
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