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<br /> MORTGAGE
<br /> MORTGACL'LOAN NQ � 22,113 _
<br /> ' KNOWALLMCNDYTt�ESEPRESENTS:T1�at Francis J. Gauthier and Shari Gauthier, each '1I1 hi5 dfld I
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<br /> �. her own right and as SpOuse Of edCh Oth21', hlodgagor,whetheroneormore,inwnsiderallonofdiesumof
<br /> ` ' Ten Thousand One Hundred Fifty dfICI NO/�OO---------------------------------------- UOLLARS
<br /> loaned to said mortgagor by The Gquitnble Building and Luan Association oCCrand Island,Nebr3ska,M1furtgagee,upon �0� shares of stock of
<br /> said ASSOCIATION,Certificate No.L 22���$ ,do hereby grant,convey and mortgage unm the said ASSOCfATION the following
<br /> described real estate,situaced in H�ll County,Nebraska:
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<br /> THE SOUTHERLY ONE HALf (SZ) OF LOTS NINE (9) AND TEN
<br /> (10), IN BLOCK ONE (1), IN BARTLING'S SUBDNISION,
<br /> LOCATED ON PART OF LOT FTFTEEN (15) OF TNE COUNTY
<br /> SUBDIVISION OF THE SOUTH HALF OF THE SOUTHEAST
<br /> QUARTER (S�ZSE;) OF SECTION SIXTEEN (16}, IN TOWNSHIP '
<br /> ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE
<br /> SIXTH P.M., AND PART OF TNE NORTHEAST QUARTER OF
<br /> THE NORTHEAST QUARTER (NEQNE=.;) OF SECTION TWENTY-ONE
<br /> t (21), IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9)
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<br /> WEST OF THE SIXTH P.M.
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<br />����`' together with aIl the tenements,hereditaments and appurtenances thereunto belonging,including attached flwr coverings,all window screens, � �
<br /> winduw shades,blinds,slorm windows,awnings,heating,air conditioning,and plumbing and water eyuipment and accessories thereto,pumps,stoves, �
<br /> reGigerators,and other flxtures and equipment now or hereaFter attached to or used in wnnection with said real estate. ��
<br /> And whereas the said mortgagor has agreed and does herehy agree thal the mortgagor shall and will pay alt taxes and assessments levied or �
<br /> asuued upon said premises and upon this mortgage and the bond secured thereby beCore the same shxll become delinqucnt;[o furnish approved � .
<br /> insurance upon d�e buildings on said premius situated in�he sum of 5�O��5Q.QQ paYable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies(or sxid insurana;and not to commit or permit any waste on or about s�iJ premises;
<br /> in case o(default in the performxnce o(any o(the terms and conditions of this mortgage ur the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to immediate possestion of the morlgaged premises and the murtgagor hereby assigns, transfers and sets over ro the
<br /> mo�tgagee all Ihe rents,revenues and income tu be derived hom the mortgaged premises during such time�s the mortgage indebtedness shxll remain � �
<br /> unpaid;and the mortgagee shalt ha�•e the power to appoint any agent or agents it may dcsire for tlie purpose o(repairing said premises and renting �
<br /> the same and collecting the rents,revenues and income,and il may pay out of said income all expenses oC repairing said premises and necessary
<br /> commissions and expenus incurred in renting and managing the same and of collecling rentals thereCrom; Ihe balance remaining,if any,to be - ..
<br /> applied loward the discharge o(said morigage indebtedness;these rights o(the mortgagee may be exercised ut any time during Ihe existence of such � �
<br /> de(ault,irrespective oCany lemporary waiver of the same. -
<br /> These Presents,however,are upon the Condition,That i(the said Dtor[gagor shall repay said loan on or before the maWrity of said slinres by � .
<br /> ' paymenq pay mond�ty to said ASSOC[ATION of�he sum specified in the Bond secured hereby as interest and principal on said loan,on ur befure �
<br /> 4:�; the Twentieth day o(each and every munth,until said loan is fully paid:pay all[axes and assessmen�s levied against said prcrnises and on this Atortgage �
<br /> ' and ihe Bond secured thereby,before delinquency;furnish approved insurance upon the huildings thereon in the sum of S �O,�50.p� paYable
<br /> ���i to said ASSOCIATION;repay to said ASSOCIA'f104 upon demand all moncy by it paid(ur:uch tases,assessments and insurance with interest at � . �
<br /> >�? ihe maximum legal rate thereon frum date of payment all of which�tortgagor hereby agrees to pay;permit no waste on said premises;keep and cumply �
<br /> s,; with all the agreements and conditions of the Bond Cor 5�0,150.�� ihis day gicen by the said lfortgagor m said ASSOCiAT[ON,and wmply
<br /> with all die cequirements of lhe Constim�ion and ifyLaws of said ASSOCIATION;tlien these presents shall bemme null and void,otherwise thcy
<br /> �� ��� shall remain in(ull(urce and may be(oreclused at the option of the said ASSOCIATION after failure (or Ihree months to make any uf said �
<br /> payments or be three months in arrcars in making said monlhly payments,or to keep and wmply with the xgreements and cunditions o(szid I3ond;
<br /> and�tongagor agrecs to have a receiver appuinted(orth���ith in such foreclosure prnceedings.
<br /> ¢�� �� I(thcre is any ch�nge in uwncrship of the real estate mortgaged herein,by sale u�otherwise,then the entire remaining indebtedness hereby �
<br /> � secured sha0,at the option of The Equitable Building and Loan Associalion of Grand Island.Nebra:ka,become immediately due andpayable without
<br />�� �, (uriher nutice,and the amuunt rem�ining duc under said bund,and any other bund tor any additional ad�ances made thereundu,shall,Crom the
<br /> date of exercise o(said option,bear inte�est at the maximum legal rale,anJ this mortgage may then be foreclosed to satisfy the amount due un said
<br /> 6ond,und any uther bond(or additional udvances,tugether with all sums paid 6y said The l:quitable Building and Loan Association of Grand Island,
<br /> Nebra:ka for insuranm,isxes and asussmznis,and abstracting extension charges,with interest thereun,from date of payment at the maximum
<br /> legal rate.
<br />— its pco:iucd in iiee cu::u m,....c,...c.coy�:�'.fL':iti:i:'U'ib'ubC;cma:rs�-c;fzcc �=e raigngcc may hereafier adwance additionai sums tu the
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<br /> makers of sa� d,lheir assigns ur successor mterest,which sums shall be within the security oC this murtgage the wme as Ute funds originally
<br /> secured Ih eby he total amount of princi ebt n [to exceed at any time the original amount of this murtgage.
<br /> m 7 _ May :�.n.,i`� 76 �
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<br /> ./�/'!�.rr t.�' ���-�//.(1.7h./1..�>_/�
<br /> ' ancis J. Ga er Shari Gauthier
<br /> � STATE OF NEDRASKA,�ss. On this �th day of May 19 �6 ,bcfore mc,
<br /> : _COUN'fY OF fiALL �
<br /> •1 ihe undersigncd,a Notary Yublic in and for said County,perwnally came _ � '�F•J:�:`,�-�
<br /> Francis J. Gauthier and Shari Gauthier, each in his and her own right and as s�ous� of N ;
<br /> who ersona y known to
<br /> each„o�her, ' are � �
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<br /> melo b¢(he�JC�'liSal person S whose name S d P2 affixed to the above instrument as mortgagor5 and they severally � ''i
<br /> 'jcknowledg�dtNs�a�nstrumen[to be thei r voluntary act and deed. M1
<br /> � � ,�'�}VITIOFSS my hand and�otarial Seal the date afomsaid. � . �
<br /> . _. .h�Y-Commusiun expires� �� �/a�� �� �t ��'',�(� ' . - . �.
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<br />� I�. � ' � ' Notary Public
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