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<br /> 76- nn25f�3
<br /> MORTCAGE
<br /> MORTGACIiLOAN NO. L ZZ,�Z�
<br /> ' i KNOWALLMBNDYTHESGPRESENTS:TImt Daniel E. Allen and Marcia �. Allen, each 111 h1S and her �
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<br /> OWII right and as SpOUSe Of 2dCh other, Mortgagor,whetheroneormore,inconsidcrntionofthesumof
<br /> � Twentv-six Thousand and No/100-----------------------------------------------------�o�tni�s
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<br /> �' loaned ro said mortgagor by The Equitable Building and Loan Association o(Grand Island,Nebraska,hlortgagee,upon 26� shares oC srock ot
<br /> '; sald ASSOCIATfON,Certificace No.I. 22,�2� ,do hereby grant,convey end mortgage unto the suid ASSOCIATION Uie(olluwing
<br /> described roal estate,situated in Hall County,Nebraska: '
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<br /> { LOT 7HREE (3) IN BUCK SUBDIIIISION, LOCATED ON PART
<br /> ;; OF THE SOUTHWEST QUARTER OF SECTION iW0 (2) IN TOWN- �
<br /> ; SHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE
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<br /> � SIXTH P.M., HALL COUNTY, NEBRASKA.
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<br /> together with all the tenements,heredilaments and eppurtenxnces thereunto belonging,including at�ached Iloor coverings,all window screens, . . �.
<br /> window shaJes,6linds,storm windows,awnings,heating,air conditioning,and plumbing and waterequipment and acceswries theroto,pumps,stoves,
<br /> refrigeretors,and other fixtuces and equipment now or hereafter attached to or used in connection wilh said reai estate.
<br /> ? And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and wilt pay all taxes and aseessments levied or
<br /> I3 assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become detinquent;to turnish approved
<br /> -'3 insurance upon lhe buildings on said premises tituated in the sum of 5 ZE����.�� puyable [o said ASSOCIATION and to deliver to said
<br /> ASSOCIATION Ihe policies for said insurance;and not ro commit or permit any waste on or about said premises;
<br /> '? In cau of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the murtgagee shall,
<br /> on demand,be entitted to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the . . �
<br /> mortgagee all the cents,revenues and income lo be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain �
<br /> unpxid;and the murtgagee shall have the pow•er to appoint any agent or agents it mxy desire tor the purpose of�repairing said premises and renting ; � � � .
<br /> the same and collecting the rents,revenucs and income,and it may pay out o(said income all expenses of repairing said premises and necessary
<br /> �i commissions and expenses incurred in renting and managing the same and of collecting rentals thereCrom; the balance remaining,ff any,to be
<br /> ' apPlied toward ihe discharge of:aid mortgage indebtedness;lheu rights of lhe mortgagee may be exercised at any time during the existence of such � . � �
<br /> #_�,� default,irrespective of any temporary waiver of the same. � � . �
<br /> `; These Presents,however,are upon the ConJition,That i(the said Mortgagor shall repay said loan on or before the ma[urity of said shaces by . . .
<br /> payment:pay monthly to said ASSOCIATION of the sum specified in the I3ond secured hereby as interest and principal on said loun,un or before �
<br /> `���# the Twentiech day o(eacli and every month,until said loan is lully paid;pay all taxes and assessments levied against;aid premises and on this�lortgage � �
<br /> and die Bond secured there6y,before delinquency;lumish approved insurance upon the buildings thereon in the sum oC S ZFi����.�� payable
<br /> to said ASSOCIATION;repay to said ASSOCfATION upon demand all muney by it paid for such taxes,assessments and insurance with interest at � . �. '
<br /> ;:�s the maximum legal�ate thereun from date o(payment ali o(which Aturtgagor hereby agrees to pay;permit no waste on said premises;keep and comply � . �
<br /> �� with all the agreements and conditions of the Bond for S 2(�QQO OO����s day given by the said Alortgagor to said ASSOCIA i ION,and compty � �
<br /> �'� with all the requirements of thc Constitution and By-Laws ot s��tl AS�SOCIATION:lhen the�e presents shall become null and roid,othenvise they .
<br /> shall�emain in Cull force and may be(orecloud a�lhe optiun of the said ASSOCIATION after failure for three months to make any of said � .
<br /> �j payments or he three months in arrears in making said monthly payments,or to keep and comply with the ag�eements and conditions oC said 6ond;
<br /> and blodgagor ageees to have a receiver uppuinted(orthwith in such foreclusure proceedings. �
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<br /> IC ihcre is any change in ownership of thc real cstate mortgaged hemin,by sale or othcrwise,then the entire cemaining indebtedness hereby
<br /> securcd shall,al Ihe option of The Equilable Building and Loan Association o(Grund Island,�ebraska,becume immediately due und payable without
<br /> furlher notice,and the amount remaining due under said bond,and any uther bond!or any additional advances made thereunder,shall,from the
<br /> dale of exercisc of said option,bear interest at the maximum Icgal rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and any other bond fo�additional advances,together with all sums paid by said The Gquitable Building and Luan Association of Grand Island,
<br /> ��' Nebraska for insurance,taxes and assessmen[s,and abstracting extension charges,with interest [hereon, from date of paymen[ at the maximum
<br /> Icgalrate.
<br /> As provided in the�ond secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance aJditional sums to the
<br /> makers of said Bond,their assigns or successors in interest,whidt sums shall be within the security of this mongage the same as the funds originally
<br /> secured thereby,the total amount o(principxl debt no/l to exceed at any time the original amount of this mortgage. �
<br /> ted this. �� day o( �j�%�,' A.D..19 1� \
<br /> �,v��� �� 1 r ~��
<br /> Daniel E. Allen � Marcia 0. Allen
<br /> S'TA'TE OF NEBRASKA, 5�'�r'�oFN4w j_tRsE�
<br /> Ss.t o u v7y or On this �3�H day of ti�ti�h`� 19��. ,before me,
<br /> COUNTY OF HALL} r'ns5tiic : 1 j . •.
<br /> lhc unde i ned a Nota [?ub' in an for said County,per ona(ly me � r
<br /> D a n i e l E. A l l e n a n d Marcia 0. A l len, e a c h in h is an��e r� own`�ig�i� an�d as spouse o fi eac�i w :-
<br /> other, whO dre Personaltyknownro � >
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<br /> . me to be the identical person5 whose name5 dre a(fixed ro itie�aEwe,instrument as mortgagor5 and the�r severally .q�
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<br /> acknowledged the said inslrument to be thei r wluntary act arid deod. . � .
<br />� WITNESS my hand and Notarial Seal the date aforesaid ,—�/ ,/, � . �
<br /> o-_ hfyCommissionexpires . ,; 1 �/p,./,,yf� :{{—e+-"�^<j�`�
<br />�' N07ARY PUELIC OF NE'�1�ERSEY , /� D� 4otary Public
<br />� 3732M NY COIIM:S;i;GY F;:PIRE$hV�f'lt.137P '
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