|
� ! �
<br />� �� �
<br />�
<br /> �6- O(}2506
<br /> MORTGAGE
<br /> A10RTGAGL'LOAN NO.��1 1 R MGI C
<br /> I KNOWALLhfENfiYTfIfSEPRESGNTS:That Gregory C. Rupp and Leslee M. Rupp, each in his and ,
<br /> i
<br /> ; her own right and ds Sp0U5e of eaCh other, Afortgagur,whelheroneormore,inconsiderationoFthesumo[
<br /> ` Thirty Thousand Five Hundred dfld NO/�00-----------------------------------'---'-'-'DOLLARS
<br /> loaned to said mortgngor by Thc Equitable Building and I,oan Anuciation o(Crand Island,Nebras.ka,Afortgageq upon 305 shares of srock of
<br /> said ASSOCIA7IUN,Certlficam Na LL2.�I$ MGIC ,do hereby grant,con.ey and mortgage unro the said ASS(H;IATI�P!th:follc�ving
<br /> described real cstate,situated in lixll Cow�ty,Nebraska:
<br /> SOUTHERLY SIXTY SIX FEET (60') OF LOT EIGHT (8)
<br /> IN BLOCK ONE HUNDRED fIFTEEN (115) IN RAILROAD ACDITION �
<br /> TO THE CITY Of GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> 4 �
<br /> iogether with all the tenements,hzreditaments and appurtenances theremno 6elonging,including attached floor cot�erings,all window screens,
<br /> window shades,blinds,storm windows,awnings,heating,ai�cunditioning,and piwn6in¢and waterequipment and acceswries thereto,pumps,sto�2s,
<br /> refrigerators,and other tixWres and equipmmt now or hereafcer attached tu ur used in cunnectiun with said resl estate.
<br /> And whcreus tlte said mortgagor has agreed and Joes hereby agree that the mortgagot shall and will pay all t�xes and ussesvnents levied or
<br /> assessed upon said premises and upon this mortgage and d�e bond secured thereby before the same shall become ddinquent;to(urnish approved � .
<br /> insurance upun the buildings on said prenuses situated in the sum of 5 3O�50�.�� papable to said ASSOCIATION and to de�i�•er to said . �
<br /> ASSOCIATIO�ihe pulicieslor said insurance:and not to commit ur permit any waete on or aboul said premises; . �
<br /> In case of default in the paformance of any of�he terms and conditions u(diis mortgage ur thz bond secured hereby,the murtgagee:hall,
<br /> on dcmand,be entitled tu immediate posseuion of tl�e mortgaged premises and the mortgagor hereby assigns, [ransfcrs and sets o�xr to dte .
<br /> . mortgagee all the tents,revenuot and income to be derived(tom Ihe mortgsged prcmises during such time as qie morlgage indebtedness shall renuin
<br /> unpaid;and the mortgagce shall have the po��•er to appoint any ageni or agents it may desim for the purpose of repairing said premises and renting . �
<br /> the same and cullecting tho reNs,revenues and income,and it m�y pay out of said inmme all ezpenses u[repxiring said premisas and necessary � �
<br /> comminions and expenses incurred in renting and managing the same end uf collecting rentals eherefrom;the halance remsining,i(yny,to be � � � �
<br /> applied to�+5rd the discharge o!said mortcage indebtedness;these rights o(the mortgagee may be exercised at any time during the existence uf such � . . .
<br /> ��� � de(ault,irrespective o(any tempo�ary waiver o(the same. :
<br /> y� �'� 7hese Presents,ho���ever,are upon the Condition,That if thc said Atortgagor shall rtpay said loan on or bcforc the maturiry of said shares by
<br /> payment;p�y mumhly to said ASSOCIA'fION of the sum specified in the Uund sacured hereby as intecest and principal on said loan,on or befurc . �
<br /> . the Tw'entiedi d�y uf each and every month,until s:iid luan is fully paid;pay all taxcs and asszssments levied�gainst mid premisas and on this Aturtgage .
<br /> � and thr Bond sewred thereby,be(ore delinquency;furnish approred insurance upon the buildings thereun in ihe sum ot 53O,,rjQQ.QQ P�7'���z
<br /> to said ASSOCIATION;«pay�o said ASSOCIATION upon demm�d all nwncy by it p�id lor suc1�taxes,asxssments and i�uurance���ith interes:at � . �
<br /> the masimum legal raie therwn from date of payment�II of which Alortgagor hereby agrees to p�y;pemiit no waste on said premises:keep and comply
<br /> �v, �. with all the agrcemenis and conditior.s of thr Bond Cor 5 3O 500.O(� this day givzn by the sald�lortgagor co said ASSOCIATIO!v,and comply .
<br /> � with all the requiremenu of the Constiw�ion and By-Laws or s��d ASSbCIATiON:then these presems�h�ll becume null and roid,othe�H�ise they
<br /> � sh�ll remain in(ull furce and may be fureclused at the uptiun uf the said ,�ssat.arion ���e� failure ior three months to make any of said �
<br /> - paymems or L�r Ihree mnn�hs in arrean in makmg said monthly paymems,or w keep and cumply with the agmement:and conditions ol said Uund; .
<br /> � and htortgagor agrees to have a receiver appuinted forthwilh in such(oreclosure pruceedings.
<br /> s� '� 1(there is any change in ownrrship of tlie real eslata mortgaged herein,6y ule or otherH�ise,then the entire rrmuining indebtedness hereby
<br /> � secured shall,at the option u(The Equit�ble Building and Loan Associatiun of Grand Island,Nebraska,becume immediately due and payable H�ithout
<br /> �. (urther notice,and the amount remxining due under s::id bond,and any ulher 6ond for xny additional ud�ances made tLe�eunder,shall,Crom the
<br /> � date of exercise of said option,bear intcrest at the maximum legal rste,and tliis mortgago may then 6e(oreclosed lo satisfy the amount due on said
<br /> 4 bond,and any other bond for�dditional advances,�ogettier with all sums paid by said The fyuitable Duilding and Loan Aswcia�iun o(Crand Island,
<br /> . Ne6raska fot insurance,taxes and assessnunts,and ebstrac�ing extensiun chuges,wiih interes� thereun, f�om dnte oC payment at the m�simum
<br /> , Icgalrale.
<br /> As proviJed in the Bund securcJ hereby,while ihis murlgagz remains in c(Cect t6e mortgagee may hem�fter advance additional wms tu the
<br /> makers u(saiJ Dond,their as:igns oe successurs in inle�e:t,which sums shall be aithin the security uf Utis murtgxge lhe same as d�e(unds ori�inally
<br /> ucurcd lhereby,the total amount o(principal debt not to exceed at�ny�ime the original amounl ut this mortgage. -
<br /> Deted)Nis Fl l th—_, a�y�i May � n i�76 ;
<br /> ._. ..- ..,� „ '-� .� ��.. : /- . � ., i
<br /> � '�/ ��- "/. .-c_:-��' i. i .t. .�i
<br /> Gr�gory C. Rupp � f' LesTee M. Rupp ' �'
<br /> _ �
<br /> STATE OF NEBRASY.A, n On this ��th day of May 19�6 ,Lcfore me,
<br /> : COUNTY OF HALL� �r
<br /> ihe undersigned,a No�ap;Public in and for said County,persunally wme . � � �
<br /> Gregory C. Rupp 'and Leslee M. Rupp, each in his and her own right and as spouse of each N :;,;:.
<br /> other, Wi�o dPe personallyknownto �
<br /> �me to be the identical ptrwng�"�� ame 5 a re affixed to tlie�buve instrumeN as mortgagor 5 °°� they screrally I
<br /> acknowledgod tl�e said inA7u,�leRilt tgjy,����r �•oluntary act and deed. �t`�'� '...
<br /> NITt�i'�$S tp�,�1Sn��AJ;�Rolai��,�eal the date aforesaid. 1 !t'� .
<br /> Aty�bm�diuioqa�cw�s 7��r';7, 1��(7S- � %% ,�' � ., � _
<br /> . � i ���.r;�_t%-fj
<br />�� , Notxry PubLc
<br /> 3732M �
<br />�" / -
<br /> 1
<br /> '� e^'`�F n e i.
<br />'�� �--- •t�•......,�— � �
<br />':_���....�
<br />"'`Y
<br />,..�
<br />
|