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<br /> MORTf,AGC
<br /> hfORTCAGB LOAN N0. L ZZ,�4�
<br /> IKNOW ALL htEN BYTIIP.SB PRLS[NTS:That Allfl M. ld1�COXS011 and Wayne C. Wi 1 coxson, h81' hUSbdfld
<br /> Mortgagor,whether one or more,in cansideration of the sum of
<br /> � Thirty-two Thousand and No/100-------------------------------�--""-'-""-""" no[.Lnas
<br /> loaned to said mortgegor by Tha F.quitable 6uilding and I.oan Association of Crand Island,Nebraska,Mongagee,upon 32� shares of stock of
<br /> said ASSOCIATION,Certificate No.L ZZ�1 Q7 ,do hereby grant,convey and mortgage unto the ssid ASSCICIATION the lollowing
<br /> described real estate,situated in Hall Counry,t�e6raske:
<br /> NORTHERLY SIXTY (60.0) FEET OF LOT TWELVE (12)
<br /> I�! BLOCK THREE (3) SOUTHERN ACRES ADDITION TO
<br /> THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> y + together with all the tenements,hereditaments and appurtenances thereunto belonging,inc�uding anached floor cuverings,all window scmens,
<br /> window shades,blinds,storm winJows,awnings,heating,air conditioning,and plumbing and waterequipment and accessories thereto,pumps,stoves, ,
<br /> reCrigeralors,and other fixtums and equipment now or hereafter attached to or�sed in cunnectiai with said real estate. � .
<br /> And whereas lhe said mortgagor has agrecd and does hereby agree that the mortgagor shall and will pay all taxes and usxssments levied or
<br /> assessed upon said pcemises and upon this mortgage and the bond secuced thereby before ihe s�me shall become delinquent:to fumish approved
<br /> - insurance upon lhe buildings on said premises situated in the sum of S 32.QQQ.QQ payable lo said ASSOCIATION and to deliver ro mid �
<br /> ASSOCIATION the policies(or said insurance;and not to commit or permu any waste on m abouc said premiser, :
<br /> In case of default in the per(ormance of any of the terms and conditions o!this mortgage or the bond secured hereby,the mortgagce shall, .
<br /> on demand,be entitled to immediate possession of the mortgaged premises anJ lhe mortgagor hereby assigns, trans(ers and se[s over to the � �
<br /> . murtgagee all the rents,revenues and income to be derived(rom�he murtgaged premises during such time as the morigage indeb[edness shall remain . , .
<br /> unpaid;and the mortgagee shall have the power to appoint any agent ur agents il may desire for the purpose of repairing said prunises and centing
<br /> ' U�e same and cullecfing lhe renls,revenues and income,and it may pay out o(said income all expenses oC repairing sxid premius and necessary . � � �
<br /> commissiuns and expenses incurred in renting and managing the same and oC collecting rentals Qtere(rom;the 6alance remaining,if any,ro he
<br /> applied tuward the ditcharge of said mortgage indebledness:these rights of the mortgagec may be exorcised at any time during the existence oC such .
<br /> default,irrespective of any temporary waiver o(the seme.
<br /> These Presents,however,are upon ihe Condition,TFwt if thc said hfortgagor shall repay said loan on or be(oee Ihe maturity o(said shares by
<br /> payment;pay mun�hly lo said ASSOCiAT10N uf the swn specified in the Bond secured hereby as interest and principat on said ban,on or beCore � .
<br /> the Twentielh day of each and every month,unlil said loan is fully paid;pay all taxes and assessments levied against said premises and on qtis Afortgage . . .
<br /> i�� and the Dond secu�ed thereby,be(ore delinquency;Curnish approved insurance upon the buildings thereon in the sum of 5 �2��Q� QQ Payable �
<br /> to said ASSOCIATION;repay to said ASSOCIATION upon demand all moncy by it paid for such tuxes,assessments and msurance w�th'v�terest at � � .
<br /> the maxmum legal rate dicreon from date of payment all of which Alortgagor hereby agrees lo pay;permit no waste on said premises;keep and comply
<br /> with all the a reements and conditions of the Dond(or S 9 Q (�(�this day given by the wid\turtgagor ro s:�id ASSOCIATION,and comply �
<br /> with all ihe requirements of'the Constitution and ByLaws oT�a��rtS�SbLIAT10N:then these present:shall become null and vuid,otherwisc thoy
<br /> � shall remain in full furce and may be(ureclosed at the option o(the said ASSOCIATION a(ter failure for three months to make�tlY U�587(I
<br /> ' paymenis or be tluee munths in arrears in making said montlily payments,or to keep and comply with the agreements and conditiuns o(said Bond;
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<br /> , and Morlgagor agrees to hxve a receiver appointed forthwith in such foreclosum pruceedings.
<br /> � I(thece is any change'v�ownership oC Ihe real es�ale mortgaged hemin,by sale or utherwise,then the entire remaining indebtedness hereby
<br /> secured shall,at the option of The Equitable Building and Loan Association of Crand Island,t�e6�aska,become immediately due and payable without
<br /> � furlher notice,and�he amount remaining�due under said bond,and any other bond(or any additional advances made tl�ereunder,�liall,from the
<br /> . dale of exercise o(said option,bear intercst at the maximum legxl rate,and this mo�tgage may then be foreclosed to satisfy the amoun[due un said .
<br /> � bond,and any other bond fur additional advances,togelher with all sums paid by said The L'quitable Building and Loan Associatien oF Grand lsland,
<br /> Nebraska for insurance,taxes and auessments,and abslracting extension charges,with interest thereon,(rom date of payment at the maximum
<br /> . legalcate.
<br /> As provided in the Bond secueed hereby,while d�is morlgage remains in e((ect the mortgagee may hereafter advance aSdi[ional sums to the ,
<br /> � ma]cers of said Bond,lheir assigns or successors m interest,which sums shall be within the security oC this mortgage the same as the funds originally
<br /> secureJ�hereby,�he total amount of principal debt not tu exceed at any time ihe original amount of this mortgage.
<br /> ''���a�n;s 27th day of May �.o..��� 76
<br /> � �.��/ �'��-J � � C. (,t��.�c.o -v.
<br /> Ann M. 41�1 coxson- Wayne . tdi 1 coxson
<br /> STATE OF NEBRASKA, y 19 ,be(ore me,
<br /> COUNTY OF HALL�ss. On this Z]t� day of Ma ]6
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<br /> � � the undecsigned,a Notary Yublic in and(or said County,perwnally came . a��•��`
<br /> Ann M: 4Ji lcoxson and Wayne C. Wi 1 coxson, her husband ,�n� are pCrS��a�iy k�oWn co � `r �r
<br /> Lme to be the iden[ical pe[son S whosc name 5 af7ixed to the above instrument as mortgagor S and they severally �
<br /> �, acknowledged the said instrument to be thei r voluntury act and deed. �l� ' �� 1�(
<br /> WITNESS my hand and Notarial Seal the date aforeseid. �—y� r .' f� � �
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<br /> � ____ ---My ComlfliStSOm'�xP'ues �C���f'G l �G' l� ��� .
<br /> ` � '" � � .:. � '' Notary I'ublic �
<br /> t�'-� 37.32M , . . , . . ,:��I ���—t/ r Z �� 7� �
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