|
fi �
<br />� 1 . �
<br />, ._ ,._ �
<br />�' �
<br /> �. 76-002421
<br /> MORTCAGB
<br /> $ htOR1'CACL•LOAN NO. L 22T]11
<br /> � KNOWALLMBNIIYTHESEPRESENTS:Thut Stephen M. Halpin and Margaret J. Halpin, each 1f1 h15 �
<br /> ' and her own 1'7ght dltd d5 SpOUse Of 2dCh other, Mortgegor,whetheroneormore,inwnsiderationofthesumot
<br /> � Sixteen Thousand and No/100-------------------------------------------------------uo�r.nRs ,:
<br /> i ,
<br /> `� loaned ro suid mortgagor by The Equitable Building and Luan Association of Grund Island,Nebraskn,Mortgagee,upon �6� shares of stock of
<br /> � saiJ ASSOCIATION,Certificste No.L 22 � ,do hereby grant,convey and mortgage unio the said ASSOCIATION the following
<br /> ,$° described real estate,situated In HaU County',�e�raska:
<br /> ,,3
<br /> j
<br /> y
<br /> t
<br /> ' THE SOUTHERLY SIXTY SEVEN AND EIGHT TENTHS FEET
<br /> '; (67.8') OF THE FOLL04JING DESCRIBED PROPERTY: ,
<br /> ; FRACTIONAL LOT fOUR (4) IN FRACTIONAL BLOCK T4IENTY
<br /> � ONE (21) IN RUSSEL WHEELER'S ADDITION AND FRACTIONAL
<br /> i LOT FOUR (4) IN FRACTIONAL BLOCK ONE (1) IN H. G.
<br /> �" CLARK'S ADDI7ION, BOTH BEING ADDITIONS TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> �
<br /> �
<br /> �
<br /> ;�
<br /> � together with alt the tenements,hereditamcnts and appurtenances thereunto belonging,including attached floor wverings,all window ureens,
<br /> �� winJow shades,btinds,storm windows,awnings,heating,air wnditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> refrigerarors,and other fixtures and equipment nuw or hereafter xttached to ur used in connection with sxid real estate.
<br /> � And wherea:the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay alt taxes and assesunents levied or
<br /> asussed upon said premises and upon this mur[gage and the bond secured therebv be(ore the same shall 6ecome delinquent;to furnish approved '
<br /> j insurance upon the building:an said premises situated in the sum o(516,��0.�� payable tu said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises,
<br /> In case of default in the pedormance of any of the terms and conditions o(this mortgage ur[he bond secured hereby,the mortgagee�I�all,
<br /> -� on demand,be entiUed lo immediate posussion of the mortgaged premises and the mortgagor herehy� assigns, trans(ers and sets over to lhe ��
<br /> ,i mortgagee all the rents,revenues and income to 6e derived from the mortgaged premises during such time as the mortgage inde6tedness shall remuin
<br /> ..t unpaid;and lhe mortgagce shall have the power to appuint any agent or agcnls it may desire for the purpose of repairing said premises and rrnting � . .; � .
<br /> the same and collecting qie rents,revenues and income,nnd it may pay out of said income all expenses oC cepairing said premises and necessary , _� �
<br /> :# commissions and expenus incurrcd in renting and managing the same and of cullecting �entals therefmm;the balance remaining,if any,to be
<br /> applied toward the discharge of said mortgage indebtedness;ehese righu of the mortgagee may be exercised at any time during tl�e exiscence of such - � � � - �
<br /> '? defaull,irrespective of any�cmporary waiver of the tame.
<br /> .;J 'Ihesc Prcsents,however,are upon the Condilion,That if the said Mortgagur shall repay said loan un or before tho maturity of said shares by �� �
<br /> ,P� payment;pay monthly to said ASSOCIATION of ihe swn specified in the Bond securcd herebp as interut and principal on said loan,on or before �� .
<br /> - the Twentieth day uf each and eeery month,until said loan is fully paid;pay ell taxes and assessments levied against said premises and un this Mortgage � � �
<br /> -�f and the Bond secured thereby,before delinyuency;furnish approved insurance upon the buildings thereon in the sum of S�B����.�� payable � ...
<br /> to said ASSOCIATION;repay to wid ASSOCIATIOti upon demand all muney by it paid for such�axes,assesmients and insurance with interest at � �� �
<br /> the maximum legal rate[hereon from date of payment all of which Alortgagor he�eby agrees to pay;permit no waste on said premises:keep and comply � � .�_ �� �
<br /> = wiih all the agreemrnts and conditions o(the Bond for 5 I 6�OOO.00����s day given by the seid Afortgagor to said ASSOCIATION,and comply
<br /> -' with all Ihe requirements of the Constitution and By-Laws u(said ASSOCIATION;then these presenls shall become null and vuid,o[horwise they � � -
<br /> �:i shall remain in(ull force and may be forecloud at the optiun u!the said ASSOCIATION afler failure for three months tu malce any uf said
<br /> �.� payments or be three monlhs in nrrears in making said monddy payments,or�o keep and comply with Ihe agreements and conJitions of said Bund; � �
<br /> and Mortgagor agrees to have a receiver appointed Corthwith in such fureclosure proceedings �
<br /> �'_� 1(there is any chenge in ownership o(the real estate mortgaged herein,by sale or othenvise,�hen the entire remaining indebtedness hereby � � ��
<br /> secured shall,at die optiun ol'The Equitable 8uilding and Loan Aswciation uf G�anJ Isl:u�d,lebraika,become immediately due and payab]e without �
<br /> �` furlher notice,and the amount remaining due under said 6ond,and any other bond(or any additional advances made thereundar,shall,from thc �
<br /> s���' da�e of exercise uf said option,bear inierest at the maximum legxi ratc,and lhis mortgage mey then br foredused io satisfy the amount dae on said � �
<br /> bond,and any other band for additional advanus,together with all sums paiJ by s::id The Equitable Building end Loan Association of Grand Island,
<br />�i Nebraska for insurance,taxes and assessments,and abstracting extentiun charges,with interest chereon, (rom date of paynunt at the maximum
<br /> Icgal ratc.
<br /> As provided in the Dond secured hereby,whilc tltis mortgage remains in effect the moctgagee may hercafter advance additionul sums to the � �
<br />— tii21i2�5 01 Sdi�i�611U,tiiCli JSSi6i15 Oi JCC:�UiS i:;iti(ctcit,:Y�ii2il iikRL'it�s��2 i'vlt}:iC�ii:2: ' � '— -- ;�v:�,,,,,c�::i���i��i=0 —ee�:r � � .
<br /> secured Ihereby,the total amount of principal debt not to exceed at any time thc original atnount of3this mortgage.� P
<br /> n�c�d�n�5 7th a�y�r t4ay ,a.n..i�76
<br /> G > >
<br /> ,� . `.�.�, '�
<br /> =���'��•�1 �/ // l il,:`�"1,�/,c.C� �1�. /�„2%�':,f-�J
<br /> Stephen . Halpin Margaret 3. Halpin ` '
<br /> !
<br /> S7ATE OF NEBRA5KA, u On this J th daY o( May 19 ]( ,before me,
<br /> � COUNTY OF HALL}, ,I h .
<br /> � the pndersigned,a Notary Public in and for said County,perwnally wme �
<br /> ,� Stephen M. Halpin and Margaret J. Halpin, each in his and her own right and as spouse of - *�'"f>
<br /> 'each other, Whu dre personallyknownto � �
<br /> inc to be thc identical perwn5 whose nameS are a(fixed to the above instWmeq as mortgago:S and t e,y.., severally
<br /> acknowledged.the sald mstroment to be thei r voluntary act and deed. � �� ��
<br /> E S S'm y t W n d a n d N o t a r i a l S e a l t h e d a t e a f u r o s a i d. �
<br /> � f,E,9EA�L ? "Y� i �� � � .
<br /> � My Cqmmusio�expicu � � i�
<br /> : �- � �•. ;.������ � � _� ����( �� , '��-—1r�L�
<br /> Notary Public
<br />� a��.�M: _ iY�. � z- �y �y %-
<br />�" /
<br />;� �
<br />;._.�
<br />,,�.
<br /> l
<br /> .i
<br /> �
<br />
|