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<br /> 76- 00�725
<br /> MORTGAGE
<br /> Moxrence Loa�:�:o. L 22.137
<br /> Y..NOA'ALLME!VSY'fHESF.PRESEh''!'S:7'tiac Theodore W. Kelsey and Anne A. Y,elsey, eacfi in his and �
<br /> her own right and d5 spouse of each other, Dinngegor,whethernneormore,iuconai3erauonofthesvmof
<br /> Tvrentv-eiqht Thousand and No/i00--------------------------------------------------Dou�.rs
<br /> loaned�o said moriga�ror by The Equiteble Buildiae znd Luun ps;nciation of Grend lsland,�rbraska,Mott@sgte,upan 2�0 ahetes of r.o;k of
<br /> said ASSOCIA73DT�.Cenifirate No.L 22.137 .do hereb��grant,convey end mongege unto ilie seid ASSOCIATIU!i!hr follox•ine � - �
<br /> d�scribed teal estate,siluaud in Hall County,�:ebrazY.a: - ' � - .
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<br /> 6Cf
<br /> LOTS TEW (70) AND TYJELVE (72), BLOCY. FOURTEEN
<br /> {14), UWIVERSITY PLACE, AI� ADDIT?01� TO THE CITY
<br /> OF GRAND ISLAND, HkLL CQUNTY, t;EBRASKA.
<br /> �:f
<br /> tnge�her w•ith a0 the trnements,herediuments end aapunenances thereuntn b^ior.c.ing.in�lu�uag�us:,hed i7oc+r wv:rr.ts.,s:i x:ndow s�r_as, . . � �
<br /> windon•shades,blinds,uorm windoH•s,awnines,h^ating,ur coaditioninc,and pl;un6int and a•zier tq:�i.pment xnd acrtssones:hrre:e,pumps,nows, � �
<br /> refriaerators,and other fiztu:es and equipmrnt now�or herent`ter er.ach�d to or us.d v:cann::tion w�ith�id�eal cnaie. . .
<br /> And K•heceas the said morteagoc hns acreed znd does hereby aeree taat the m�nra�or.halt md u•ill pzy t!i tar.es aad xssesm:nu inicd a . . � - �
<br /> � asse�ed upcn s¢id Qremiaes and upoa:his mortgage and:he bond sectued the!eb�•before il�e s.mr shaL becone deii.quect:to ia:rtish approwd � � .
<br /> insvrunx upon the buildings on said preauses stuated in the sum oi S�$,00p.p� nz?'nbL- to szie ASSOCI�I7Q!��:i9 te d:Iivrr te ssid . � � � --
<br /> ASSOCIAI70N the pnlicies for r�d icuurer.a:snd not?o co�,mit or pezm:t an}•wust�on or�bout szid pr�mises:
<br /> In case oi defauk in the�rformence of any oi the ierzns anc conditians oi t}vs murtrsee o:Lhe bor,d ucurel'�ereb��.,vh:r�nrz�ere suxll. � � � � � �
<br /> on demand,be entitled to immediau possssion oi th:mon�ged nre:nises v�d the murir,cor h�reb�� xsiiens, vansfen aao s:u over to ��e �. � �
<br /> mort¢sgce nll the rrnts,revenves and mco:ne to be derivod frem ch:mortrseeb rr_:nises tiuriec su;h tim:zs i�e monexge i�deb:era:�ititl te�ia � �
<br /> unpaid;and the mortgagee shali t�ave the pow�u�o appomt any rsent or acents it mx��desi;:for t2�e pa�pose of repei-.ng said p�rmis=s xnd:tnune � � � � �
<br /> the same vnd cnllecting the rents,rerenues and incomr,and it ma�•pny�out of said in;.nme i! ezp::ues of rrp�nng svd premises end nece:�n• � � �
<br /> commisaions and er.penaes incuned in rentme and manacicie the ssme xnd of couectine rentz i'tierefrozn:ths}`P.31C[:!.^.1��L`R_,1!my,:c br - � � �
<br /> _ applied toward the disu�rce n�seid monrnee md�6te1�^s�:ihese ri��hts of the mo;tsgee ma}�be a:e:eis.d at er.y tan:d::nnc:he e�tten.^:ef suc� �
<br /> defaulc,'urespective of cn}�temparan�wei�•er oi thr same. �
<br /> Thrse Presents,hu���n•rr,x:e u,or.�the l'.ondiuor.,TfL!u the ssid 1�9e:-tgxgor s:ii.rpa��szid ioa on cr 5:fur::he�et;u;ry oi vid�:nrrs b�� . . . . �
<br /> p.ymenC p�p monihl�•to suid ASSOClATIO'�of t.m sum speci!ied i�th:Bond s:carrd he�e'by as:a?eust and pr�dpai ea�id im_�,cr.a bctes � �
<br /> ih•.Tw�rntieth d:��of each snd every rnontn,until reid lora is:`uily pzic:pa��xtl iaz^s�nd nves:.�nc.^,ts le�ied::gai:st srid a:er.:srs an�on ir.is Rlo:t�ee - ��
<br /> and th:Bond xcumd there6��,b:fure fie�inquenn�:(u:tish zpprnvrd insuryncc upon:he b�:if¢in�s thereo^.m cne s:�r.m�f 5 2�����.0e . �n�'abia . � �
<br /> :o Lid ASSOCIATID�:rrp3�•to mid ASSOCIA';10`:upur.dr,�end nll r.iune��b��ii psid 1ur such tzx:s.assesuner,es s��msi;rznce w;;�L.tr:rst:at . . � � �
<br /> ±he mz�:icnum lecei rete therc�n from datc nf pa�:men�eil ei w'hic�\9nn�cor h:rtb��tc�ees to p�r:w;mit:�o w2ste�n�i�p:e:msrs:i:eep end;�^:,i�� � � �
<br /> wiih xll the zerr;mcr.!s an�«mditiotis of the Bond ir.SZ�i,000.oo d»s dxp eivrn h��ciie szid�70.regor:c vid:qS50C?ATIO\,ar.d canpi�� . .
<br /> w�!th al:;he reyuircm.>nu of Lh:Car.mtutiar.and B��-Lva�s oi seia.?SSOCIATIGS:Ltier�?hese nr:sents shul bo,om.:r.sL':u:d void,o_hern5w th:y � �
<br /> shall remnin in full forr.ssnd ma��be iorecloud nt ih:u;ucm�f chc said AS�OCIATIOti xti�: :aiic:_ i�: :hs;e mo�Lhs :o a�ak,:zne oi s_ic �
<br /> paym:nu nr be!hrre-catcs in u;oats m au:une said mor.ikly pxcmems.or to},eep xnd cor,,;ip w�hh c:�:zt;crmceu�nd::ondi:ions n,'s:ad B:md.
<br /> and Mortceeor acr:s�o h���r a me:i�•^t appomted iorthwi�h s suc',iu:ecio::�r p�omedu�es.
<br /> lf?here i�eny c}�:nec in nwner�t:ip of ehe renl rstate mnnuged hcrrir..���ssle ot u:tl:lu'ts:.i1CZ7:.�e emi:c remaiw�e v^.debtr:nru isr:"��� � �
<br /> securrd shcll,at the optian oi The Equii::bl:Buildi�c azid Luaz�Aswcmtiun o!Gra�d IsLnd.'�:b:=sl:a,be:u�c;::.m:dulcly due and pzyahir u�ithuu[
<br /> iu.^.hrt rinti�e,nnd th:emount remair.ing tiuc endrr said bond,and any o:hrr bund ior cn��ad�lio:.s1 ad�:ncrs snad:_her^.under,�t:�,fior.±d�e
<br /> dzle o(ezerci�:et said o�tiun,bear imeren ae ttie maxunurn le�!retr.e��this morteee:::v:y Lher,b:fvr:dos:c t�s.usfp:hc:mucnt du:oa said
<br /> bond,and eny�other bnnd fer additior.xl ad�dn�s,toc^_thcr H•i:.h x11 sums ruid br s•r_i�The Equitnbie Bul:ir.e xn�Lo<,.Assocm:i,r.oi Gren:ls����?,
<br /> \ebr�4:x fo7 insurnnce,tar,rsand xsissmrntc,xnd absL-acting:xirnsien e;hergrs,u:th irtetes: ther�oa,i:om dzte ei pc}�r.Lr.t xt:he:ne�ir.�cro
<br /> y�,�. lew!:ate.
<br /> As pro��ded in the Bond s:currd here�r,wiu7:i!iu r.men�,r rcm;u^s in r;icct the mn;tr.eet�mz}�h:.:estrr 2daes:ce nalitionz:sur.0 tu Lhe .
<br /> mnker<_oi said Bond,th:.i�zssicus nr sucerswrs in in:e;cst,x�hich sums shali�e H•i!hin thr scurh��oi thcs��nnF:the su:r�e zs i.RC:L'II.'�.S 01_C3P.`�1'
<br /> securtd thereby,th:totel amuunt of prin;�psl debt no:;o cxerrd•et x�y�tL�«ti�e urieil�i ar.�o�,uit oi:!tis mnrt�t.
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<br /> " heodore W. Y,elsey�"! P.nne .A.' l;elsey ! �
<br /> STA7'EOFNEBR4SI:.A.�� Onthsa Z�St �+a:oi h13y +�%'�J .be�o:em:,
<br /> f OUNTY OF ti.ALL
<br /> th;undrrtigneo.s!vetrst'Publir v.tnd to[swd Co�n:��.Frrs:+tu:i}��cum:
<br /> 7heodore W. Kelsey and Anne A. I:eisey, each in his and her o�vn riqht and as s�ouse or' `.}r�i 4�
<br /> each ��" are i'"�xmr11y1.noWnto
<br /> r,r e�LS rn n S u�hc�xnxme5 arQ aifizrd:nti�eahev�instrur.irn:esmongsgo:5 en� `hey se�:::w�� �
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<br /> �o,v�d�th9a�l�ins 1 to bc thei r vuluman'act snd d^ed. .
<br /> � �•�kOTAR�Y�`�SS t(1v h�n:i and Netzriai Senl th�date ufo;ew�.
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