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<br /> h10RTGAGL'
<br /> MORTCAGG LOAN N0. L Z2,0�5
<br /> , � KNOW ALL MCN BY TNGSE PRCSGNTS:That �q 9ht D. Rol and and Ethel F. Rol and, each 9 n hi s and her I
<br /> own right arid as spouse of each other,
<br /> �tortgagor,whcther one or mure,in consideretlon of Uu sum of
<br /> ,' Twenty-nine Thousand Nine Hundred and No/100---------------------------------------b�L�Ai�s
<br /> luaned to said mortgagut by The Gqultnble Uuilding and Luan Assocfation of Grvnd Isluud,Nebmska,Murtgagee,upon shares uf stock of
<br /> mid ASSOCIATfON,Certiflcate No.L 22 �75 ,do 6creby gmnl,convey unJ murtgage un[u ihe said ASSOCIA770N the(ollowing
<br /> described real esta�e,situated in Ilnit Count'y,Nebraska:
<br /> LOT EIGHT (8), IN BLOCK ONE (1) IN LE HEIGHTS SECOND
<br /> SUdDIVISION, HALL COUNTY, N[BRASKA, BEING A PART OF
<br /> ;
<br /> TNE NORTHWEST QUARTER OF TNE NORTHWEST QUARTER OF SECTION �
<br /> ELEVEN (11) TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10)
<br /> ? WEST OF THE 6TH P.M., IN HALL COUNTY, NE4RASKA.
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<br /> together wilh �II the lenemenls,hereditameNs and appurtenunces thereunlo Uelunging,incluJing attacheJ(loor coverings,all window screens, � � � ��
<br /> window shades,blinds,storm a•indows,awnings,heating,uir cunditiuning,and plumbing anJ watereyuipmentand accessuries thereto,pumps,stuves, . � � .�
<br /> reGigerators,anS other(ixtures and equipmenl nuw ur hereafter attached to m used in wnnecliun wi�h said rexl eslalc. � �
<br /> And whereas dic said mortgagor hns agreed and Jues hcreby agrce that thc mortgagor slmll nnd will pay uIl taxes and assessments levied ur
<br /> assessed upun said prcmiscs and upun this mortgage and the bond securcd tl�ercby bcforc the samc shall become delinquent;io fumish uppruved
<br /> insuram:e upon thc buiidings on said prcmiscs situated in the sum of 3 Z9,9QQ.QQ p�Yablc to said ASSO(:IATION nnd lo deliver to said
<br /> ASSOCIATION thc policies for said insuwnce;and not tu cummit ur permit any waslc on or about said prcmises.
<br /> In case of defuult in�he perfnrmance of any of the terms and condilions of Ifiis manguge vr the bond secured hereby,the mortgaget shalt,
<br /> on demund,be entilled to immediatc�ossession uf the tnurtgaged premiscs and the mortgagor hereby assigns, transfers and sets uver to the
<br /> morigagee all�he rents,revenues and income[u be derived from lhe morl�ged pmmisa during such time as the morigaga indebtedness shall rtmain � � .
<br /> unpaid;anJ ihc mortgagea shall Lavc thc power tu appoint any agent ur agcnts it may dcsire for the purpose of rcpuiring suid premises and renting � � � �
<br /> the same and wllecting the rents,rcvenues nnd income,and it may pay uut of said income all ex�xnses uf repairing said premises and necessary . � � � �
<br /> mmmisions and expe�us incuned in renting and managing the same anS a(rollecling �enlals thereGom;the balance mmaLuug,if;u�y,to be
<br /> "�> applied�oward the disch�rge of saiJ mortguge inde6tedness;tt�ese rights u(lhe mortgagee may be exercisad at any time during the existence o(suclt �
<br /> de(ault,irrcspective o(any temporary waiver of the same.
<br /> These Presents,howcvcr,arc upan�hc Conditiun,'fhat if thc said Atorlgagur shall repay said luan on ur bc(ore the maturity of siid sfiares by
<br /> payment;pay munihty to said ASS(X;IATION u(die swn sp�•cificd in the Bond secureJ hereby as interest and principal on said losn,on or befure . .� � �
<br /> U�c 1'wentieth Juy of each and cvery month,uutil said loan is fully paid;pay ull laxcs and�ssessmenls levied aguinst said premises and on this Morlgage
<br /> and the Bond secured thcreby,befuro dclinyucncy:(urnish appro�zd;nsurance upun d�e buildu�gs thereon in dia sum oi S 29�9QQ.QQ payubl�
<br /> to said ASSOCIATION;«pay tu said ASSOCIA7lON upon demand all money 6y it paid lur such taxes,assessmenls and insurance wilh interest at � � � �
<br /> UIL`IIIJXIIIlU01 IL•68I f��l'llll'fl'00 IfOlil ll8h O(�1JYIIICI)l�II U�\VIIICII MU11�J�;Of IICfI•�y B�;fCI'S l0�):ly;Fxrmil no waslc on s:�id premitcs;kccp and cumply .
<br /> �:��: wilh all the agrecmenis and cundilions of the Bond fm S 29�900.QQthis day given by the said Alortgagur tu:aid ASSOCIATION,and comply . . .
<br /> wilt�all lhc rcyuiremems of t{ie Cunslitution aud UyLaw�s ofsaid ASS(H:IATION;then lhese prescnt:shall bccume null and wid,othcrw�ise Ihey �
<br /> shall remain in full force and may be f�_:eclused at the option of thc said ASSOCIA'fION �(ter (ailurc for threc months tu makr any of said
<br /> paymcnls or be�hree months in anears in making said munlhly paymcn�s,ur to kcep and cumply with thc agicemeNs and conditions ul said BouJ; .
<br /> and Mo�tgagur a¢rces to havc a reccivcr appuintcJ forthwith in such furedusure prucecdings.
<br /> If Ihcrc i:any ctiange in uwncrship o(the rc�l estate morigagcd I�ercin,by sale ur ott�cnvisc,U�en dic enti�r rcmaining indebtedness hercby
<br /> ¢ ' sccurcd shall,al ihe oplion o(The Equitable Uuilding und Luan Associatiun of Grand Island,Nebruskn,becume immediately due and payable witlwut
<br /> furiher aotice,and the amount�emaining duc under saiJ bund,and auy other bund for any additivnal advances made thereunder,shull,from lhe
<br /> datc o(exercise ul'said uption,bcar inlerest al the maxitnum Icgul rate,and diis mortgage may Uien be CorecluseS to satis(y the smuunt due on said
<br /> a � bond,and any olher bond tor adJilional advances,together with all sums paid by saiJ The Gyuilublc lluilding and Loan Association of Grand Island,
<br /> Nebraska for insurance,laxrs and asussments,end abstracling ex�ensiun chargcs,with interest thereun, frum date uf payment at the maximmn
<br /> legalratc.
<br /> �� � As provided in the Bond secured hereby,while this mu�tgage remains in el7ect the mor�gagee may here�Cler advance�dditional swns W the
<br /> makers of said Dond,iheir assip��s or successars in interest,which sums shall bc within lhe security of this murtgage the same us the funds utiginally
<br /> ucurcd thereby,the lotal amount of principal debt not lo exceed at any time the original amuunt o(lhis morlgage.
<br /> � � o�<<a�n�s �� 16 a� �r Apri 7 n.i�.,iv 76
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<br /> „� �„�,,. �--/`�t. !;J�-�--�� �; :'�,� � ` ,.Fl, 7
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<br /> a+�ight� . Roland Ethe F. Ro an
<br /> S7'ATG Of NL'URASKA,�� On this da o( I� ,bclbm me,
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<br /> COUNTY OPHALL 16th Y April �76 �
<br /> � the undersi ned,a Notary Public in snd for said Cuunry,perwnally came �%��`��'
<br /> Dwight 0. Roland and Ethel F. Roland, each in his an� her own right N �til
<br /> and 52 of each other "`'��� dre personallyknownto y
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<br /> �, m e�{he 1�Y�4 n 5 whou name 5 affixed to thc above instrumcnt as murtgagur S and th2y scverally .b. +
<br /> kn � 61d1tq ' s mmt to be thei r �•�luntary act and dced. �{� � �
<br /> � H9 FS y hnnd and Notarial Scal d�c date atbrcsaid. ^ � Lxi
<br /> 7�. NOTARy�J� n
<br />� � C�EXPIRES pC rt� ionexpires �,. �,� j� 1 L'11` �i`\" lA �+�.
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