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<br /> 76- O02645 �
<br /> MORTCACE
<br /> MORTGACG LOAN N0. � '
<br /> IKNOWALLM8Nf3YTHESEPRGSENTS:Thnt Donald L. Day and Darlene M. Day, each in his and her
<br /> own right dtld dS spouse of each other, Mortgagor,whetheroneormore,inwnsiderationoftheeumof
<br /> s Sixteen Thousand and No/100-------------------------------------------------------uoiLn��s
<br /> a
<br /> loaned to said mortgagor by The Equitable Building and Luan Association of Grand[:land,Nebraska,Mortgagee,upon �fi0 shares of stock of
<br /> � said ASSOCfAT10N,Certificate No.L 22��3a ,do here6y grant,convey and mortguge unro the said ASSOCIATION the tollowing
<br /> described real estata,situated in Hall County,Nebraska:
<br /> ,'s FRACTIONAL LOT THREE (3) IN FRACTIONAL BLOCK EIGHT (8� IN WOODBINE ADDITION
<br /> ` TO TN: CITY OF GRAND ISLAND, NEBRASKA, AND ITS COMPLEMENTS, TO-WIT: FRACTIONAL
<br /> • + LOT THREE (3) IN FRACTIONAL BLOCK THREE (3) IN ASHTON PLACE, AN ADDITION TO THE
<br /> , CITY OF GRAND ISLAND, NEBRASKA, AND THAT PART OF FRACTIONAL BLOCK TWENTY-SEVEN
<br /> `i (27) IN BAKER'S ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA, MORE PARTICULARLY
<br /> DESCRIBED AS FOLLOWS: CONA1ENCINGAT THE NORTHEAST CORNER OF SAID FRACTIONAL BLOCK
<br /> TWENTY-SEVEN (27), THENCE IN A SOUTHWESTERLY DIRECTION ALONG THE NORTHERLY LINE '
<br /> OF SAID BLOCK, A DISTANCE OF THIRTY-SEVEN (37) FEET, THENCE. IN A SOUTHEASTERLY
<br /> DIRECTION AT RIGHT ANGLES WITH THE NORTHERLY LINE OF SAID BLOCK UNTIL IT INTER-
<br /> ; SECTS THE WESTERLY LINE OF FRACTIONAL LOT THREE (3) IN FRACTIONAL BLOCK EIGHT
<br /> ;� (8) IN WOODBINE ADDITION TO THE CITY OF GRAND ISLAND, NEBRASKA, THENCE NORTH
<br /> ALONG THE EASTERLY LINE OF SAID FRACTIONAL BLOCK TWENTY-SEVEN (27) IN BAKER'S
<br /> ? A�DITION TO THE PLACE OF BEGINNING, AlL OF SAID COMPLEMENTS COMBINED MAKING ONE
<br /> COMPLETE LOT FIFTY-TWO (52) FEET WIDE BY ONE HUNDRED THIRTY-TWO (132) FEET IN
<br /> ;; LENGTH.
<br /> together with ail the tenements,hereditaments and appurtenances thercunto 6elon�ing,including attached f.00r coverings,etl window scuens, �
<br /> window shades,blinJs,storm windows,awnings,heating,air cunditioning,and plumbing and water equipment and acaswries thereto,pwnps,stoves, . .
<br /> raGigerators,and uther fixtures und equipment now or hereatrer attached lo ur used in connection with said real estate.
<br /> And whereas the said mortgagor has agreed and does heceby agree thal the mortgagor shall anJ will pay all taxes and anessments levied a
<br /> �� assessed upon said premises and upon this mortgagc and the bond secured thereby be(ore the same shall become delinquent;ro furnish approved
<br /> �.'f insurance upon the buildings on said premises situated in the sum of S 16����.�� payabk to said ASSOCIATION and to dtliver to said . . . . � ��
<br /> ASSOCIATION the policies for said insurance;and nol tu commit or permit any waste on or abuut said premises, . . � . . .
<br /> In case oC de(ault in the pedormance of any o(ihe terms and conditions of t}iis mortgage ur the bund secured hereby,Ihe mortgagee shall,
<br /> on demanJ,be entiUed to immediate possession of the mo�tgaged premises and the mortgagon c�reby assigns, transfers and xts over to Ihe � . . �.
<br /> mortgagee all the rents,revenues and income to be derived(rom the mortgaged premises during such time as the mortgage indebtedness shall remain � . � �
<br /> unpaid;and the mortgagce shall have tlte power to appoint any agent or agents it may desire for the purpose o(rep�iring said premises and renting � � �.� � �
<br /> the same and wllecting lhe�ents,revenues and income,2nd it may pay out of said income all expenses o(rcpairing said premises and necessary . ; . � -
<br /> commissions anG expenus incurmd in renting and managing thc same anJ o(collecting rentals dierefrom;the balana rcmaining,J any,ro be
<br /> applied toward the discherge of said mortgage indebtednoss;thae righls uf ihe mongagee may br exercised at any time during the exis[ence of such ' � � . �� �� � �
<br /> r� ; de(ault,irrespective uf any temporary waivor of the samc. � � �
<br /> _.i These Presents,however,are upem the Condition,7'hat i(the said�tortgagor shall repay saiJ loan on or be(ore the maturity of said shares by �
<br /> paymeN;pay munthly to said ASSOClATION of the sum specified in the 13ond secured hereby as interest and principal un said loan,un or beCore � .
<br /> tl�e'Iwentieth day of each and every month,until said loan is fully paid;pay all taxes anJ assessrnrnts levied aguinst said premises and on this Afortgage � � . �
<br /> �;�'� and the Dond xcured thereby,be(ore delinquency;tbmish approved ineu�ance upun the buildings thereon in the sum oC 5�6��00.�� paysble . . � . .
<br /> to said ASSOCIATION;repay to said ASSOClAT10N upun demand all money by it p�id fm such taxes,asse:sments and insurance with iNerest at � � .
<br /> � thc maximum legal rate thereun fmm date o(payment all o(which Afortgagur hereby agrces lo p�y:pennit no waste on said premises;keep and comply . � � � �
<br /> wi�h all�he agreemenu and conditiuns of the Bond(or S 16����.�� this day given by ihe said M1tongagor to said ASSOGATION,and cumply
<br /> � with all the requirements of the Cunstitution xnd By-Laws of snid ASSO('IATION;then thcu presents shall bewme null and coid,othenvise they � � �
<br /> shnll remnin in Cull Ibrce and may be fo�eclused at the option of lhe said ASSO(:IATION a(ter lailure for Itiree montlis to make any o(said � �
<br /> ; pnymenls or be three munths in arrears in making said monlhly payments,or to keep anJ comply with the ag�eemen�s xnd conditions of said Bund; �
<br /> and Aturtgagur agrees to have a receiver appointeJ forthw�ith in such(oreclusure pruceedings.
<br /> � If tl�ere is any change in owne�ship o(the real eslate mortgaged herein,by sale u�uthcrwise,then the tntire remaining indcbtedness hereby �
<br /> secured shall,al lhe oplion uf The Equitable Building and Loan Associatiun of Grand Island,Nebraska,become immedialely due and payable without
<br /> (urther nolice,und the amount remaining due unJer said bund,and any utlier bonJ(ur sny aJditional advances mada lherounder,shull,frum tite
<br /> , date of exercise of said option,bear intereet al tl�e maximum legxl ra�e,und this murtgagr may then be foeeclused ro satisCy the amount due on said �
<br /> bonJ,and any other bond for additionai advances,together with all sums paid by said The Equitable Building and Luan Associatiun of C�and lsland,
<br /> d.�� Nebraska for insuranee,ta�ces and assessments,and abstracting extensiun charges,with interest thereon, from dace of paymeN at the ma�cimum
<br /> legaltate.
<br /> As provided in the BonJ ucureJ hereby,while this mmtgagc remains in e(fect the mortgagee muy herea(ter advance additional sums to thc
<br /> makers of said Bond,Iheir auigns or suceeswrs in interest,which sums shall be widiin the securily uf this morlgage tLe same as the Cunds origin�lly
<br /> secured thereby,the total amount of principal debt nut tu exceed at any time the ori�inal amount o(tMs murtgage. -
<br /> �a�ws 1.8t J - a�y ot Iday ?.o.,i� 76 �,�,
<br /> � / ,�,, ��.%�2:�1._I�z�/
<br /> nald L. ay • Darlene M. Day
<br /> STATE OF NEBRASKA, ss. On this �gth day°C Md 19 J( ,before me,
<br /> COUNT'Y OF NALL� y :,I ,
<br /> ' the undersigned,a Notary Yublic ui and for wiJ Counry,persunally rime f� '
<br /> i DonaldkL: Day and Darlene �4. Day, each in his and her own right andhos spouse�o�G���h,�Wt �� ��
<br /> � ot a�~ are �+
<br /> `to bk�t 5���¢a rsong whou name 5 d pe affixed tu the above instrument as mortgagor g ��� they u°e����Y �
<br /> }/' ackr�yJ�g�dF�4�d in�umrnt to be thei r voluntary act and deed. �
<br /> r� Fr'I�N r�ctft my hand and Notarial Seal thc d¢te aCoresaid. ,1 ti�
<br /> (! NOTARY � l
<br /> � Y'� �•(r,;idAfISSICI�y���m�i:sion expiras � )�) 1 �I ., �,��=� C'-� � �
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