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<br /> 76- 003U3t�
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<br /> .+:p n�oKTcncr�onN r+a L 22,154
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<br /> KNOWALLM�NDY71il:5CPRGSEN'['S:Thet Ronald L. Smith and 5haron K. Smith, each in his and
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<br /> her own ri ht and as s ouse of each other, Mo�t a or,whetheruneormore,inconsidentiunoflhe�umof �' ;.
<br /> ,: 9 p e s
<br /> �lghteen Thousand Four Hundred and No/100-----------------------------------------�,��nas ;
<br /> IoanrJ tn said mortgagor by Thc EyWteble Duilding end Luan Aswclation of Grand island,Nebraska,Dfo�tgagee,upon �II4 sherce of niock of � ,
<br /> f. sald AS$OCIATION,CertiOcate Nu.L2z,154 ,Jo hercby grent,cunvey enS tnungage untu the aald AS50CIA710N tlie fullowing �'
<br /> deacribed ttal eamtc,�Itueted fn Ilell Coanty,Nebraska: '�"
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<br /> ALL OF 7HE FASTERLY �WELVE FEET (E12') OF LOT FIVE
<br /> (5), AND TNE WESTERLY FORTY fEET (W40') OF LOT SIX ` �:�,
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<br /> � (6), BLOCK TWO (2j, Qf GLADSTONE PLACE, AN ADDITION
<br /> ;:� TO 7H� CITY OF GRAND ISLAND, HALL COUNTY, NE9RASKA, c
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<br /> t logelher with all tlie tenements,hercditaments and eppurlenances diereunlu betun�ing,induding atiached Iluur corsrinee,ell wlnduw uroem,
<br /> windoe�ahades,blinde,stunn windows,ewnliute,healing,alr cundiUuning,m�d plum6ing end waler equipmen;and acceswdei thereto,pumpe,elavei, �
<br /> reGigerntore,anJ oqicr fixiu�es and eyuipment now ur heteaf�er attached lo ur used in wnnectimi wllh said real esleta ;
<br /> i And ahcrcas tlic uid mo�igagor hes agrced and Juce hcreby agrec thal the nm�tgagor shell and wtll pey al6 taaee and esseuments leNed ur ;
<br /> r asseucd upan safd premiu�anJ u�un thi�murtgage anJ the bunJ ucured thcre6v hefo�e die same iliall bsmme delinquent;tu fumish ep�:v�ed ;
<br /> ? insurance up�n tl�e buildinge on said premise�stluated in lhe smu ut S �g�4��:OQ payahle tu said AS5(KIATION and lo ddivec td sald �
<br /> �.� ASSOCIATION Ihe policlea for said iniurence:enJ nul lo�rommit ut penn�t any waete on ur abuut aaiJ premLus;
<br /> ;'j lu�se of default Di tlie pedorman�r of any uf the tenns anJ cundltlons uf this morlesge ur the bund secured liereb��,the nwttgagee shell,
<br /> � un detnanJ,bc zr:H�.d tu imnudiale�isesslon uf q�e mortgag^d prcmims and the iuurtgagor !ierehy assigns, trensfers ond sel�wtr to the
<br /> ' mo�lgagee elI thc rcula,re�enuee end incume to be Jedved(rum the murtgaged premisee dudng such time a�the murtgege Irtdebtedne�s ihell lematn
<br /> � unpaid;and lhc mod�gcc sliall ha��e U�c puwer tu eppuinl any agenl ur sgente 11 may Jeeirc fur tlie purpo�e of repeiring seid premises and renting ,
<br /> 7 Ihe wme and mllrcting Ihe rents,rc�enues end incv�me,and it may pay out u!said incume ell expenees ut repaUing seid premise�and necesfary f
<br /> ; cmm�dssfona and ex�cnees incurted in ren�ing end mana@ing tlie same anJ u(cuilecting rentols therefrom; the Ualance temelning,if any,tu be
<br /> � applied lue�ard the Jischaige of said nwrtgage inJebtedness;lhese dghls ul Il�e nwrtgagec may be exercised nl any time dudng the eztelenre uC�uch
<br /> i defa�dl�{ffC5�/4C1I\'C O�011Y ICIO(fOfBfy aaiver a(Ihe same.
<br /> � 1'hesc Presents,huwc�er,arc upun the Cunuitiun.That if Ihe salJ�tortgagur efiell�epay saW Ioan un ur befure Ihe metudro of aaid sliacee by
<br /> i paymem;pay mon�hly lo seiJ AS50(IATION of the�um sE�eci(ied in die BunJ secured hereby as iNeresl and principal on�aid loan,uu ur he[urc
<br /> i tlic Teeu�iclh Jay of eacli anJ c��era month,wuil safd loan is fully pafJ;pay all taxes anJ assc:emenb le�ied against said prembes end on Ihie Plurtgagc
<br /> � and Ihe Unud secured thercby,Be(ure Jellnyueucy;fu�nish npp�ured inswence upun the builJinge thereun in lhe sum af S�E3�QOO.�� paya6le
<br /> i lo said ASS(KIATION;repay to said ASSOCIA7'ION upon JemenJ all money 6y it paid fur such lexes,aesesemente and iroureuce witli Interest al -
<br /> "� Ihe maximmn Irgal rnte N�e�eun frmn Jele ol'pe��iueiu all uf which Dto�tgago�here6�sgicee tu pay;pennil no wasta an seiJ�iremiste;keep and comply
<br /> ' wilh s!I Ihe agrcements and conJiliuns o(Ihc Ifond fm 5 �C�QO�.00����s day gi�en by Ihe said Mortgegor tu eaid ASSOCIA'ilON,and cvmpiy
<br /> with a0 the ceyuirement�uf thc Conslitution and ifylaws of sald A550(IATIUN;Ihen Ihese presenb shnll becume m01 end�vid,utlx���•iee thev
<br /> shall iemain in full furcr and tnuy be furecluuJ nl ihe uptiun of the sald ASSOCIATION uller fallurc fur Nirce oiunlhs lo make sny uf said
<br /> paymrnts ur be Ilvec mun�hs in ancais in making sald uwntldy paymcius,ur tu kcep and comply relth the egreetnenls aud cunJlUuns of aaid Iluud;
<br /> ;md I�imlgagm egiree lu hare n icceiver appointed fo�lhwiq�in such fuieclowre p�oceeding�.
<br /> If tlierc is miy changc ia wrncrsidp nf Ihc renl cetate mo�IRageJ hciein,6v salc ur utherw�isc,then the entl�e remalning inJebtedue�e hereuy
<br /> ucureJ sholl,al the oplion uf 1'he Iiyuileble Buflding and Luan Assuciatiun of G�anJ�sland.Neb�aska.become immediaL^ly due and payable witl�wt .
<br /> fu�q�et notice,and the am�>uul�cmaining due undc�said bund,enJ any olher 6unJ fur any adJitfunal ad�ancea maJe tliereWider,ehell,from the ,
<br /> date ol'exerciu af eaiJ�iptinn,beor inleiesl at tlie maximu�r.!egnl rale,end thie mu�tgage mey Il�en 6e finecloseJ tu setl:fy Ihe emount due un seid
<br /> bonJ,euJ any olhcr bmid fur additlona�aJvanccs,Wgellier H9lh all sums paiJ by said 1'he EyWtable Iluiidin@ and Loan Aewrietiun of Giand IelenJ.
<br /> NCI7@SI(R�Of Itl7Uf0tllC�texc�and asses�menla,anJ nbatracling extensiun diaiges,with 6ilerral Ihcreun,fium Jate uf payment at the maximwn � � ��
<br /> Icgal rata
<br /> As pia�iJed in Ihe liond secumJ hereby,whlle tliis murtµege iemains in ef(ect Ihe tno�lgagee�ney hereafter ad�ance ad.diUunal aums lu the
<br /> makcis uf saiJ Dmid,tliefr asslgns o�successu�s in Intrlest,which sums shall be witldu Ihe secwily uf Ilits murtgege die same es tlic funds ufiginally
<br /> ' ; accureJ Iherehy;Uic Wta)amotuil uf p�incipal JeUt nul�u ex�reJ a1 eny limc thc uii¢Inel nmuunt uf Ihls mortgage.
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<br /> ' ��ies 28th >Jay uf M�y n.u.,iv 76
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<br /> _/��?trK��,�./"�n''�f-+ �'.'G'�,�'T'J �l'- .��%l)9.lJ J,'�� f
<br /> Ronald L. Smith 'Sharon K. 5mith I .
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<br /> : STATE 01�NCURA51'v1, ��. pn tlde Z�tifl Jay uf May 19 �� ,befure um, �
<br /> ; COUNTY OF IIALL� � ,�
<br /> tl uude�e �ed,s NuW Ni bl a end u��aW Counlv, ersuneli�c ne "`�' �[`.+'
<br /> Ronald L. Smith and 5haron K. Smith, each 9n h�s an��Iier own r�g�i� an� as spou'se of eac� ., ,: ��
<br /> tother, ' �t..,z � whu drg ixremiallykiiowntu ty •'
<br /> 1 me�o be thc iJctUical petsons wlwso n6n(pgL��pb� `,�afilxed W tlie ebo�M iueltumtnl e�nwugegur S and thp,ar ee�Rreliy j ����I:
<br /> ' ecknowledged the seiJ Insl�urncut lu bc,ftl�@{�";i!R WI)�q16[y1(ct enJ deed. ��;
<br /> w17N�s5 my lien�aitil3�btarwl scal thc iie�aaforbW�d. `� ' '
<br /> My Comnduiun explt�e � ';��Y,tej�7,L i {�J��il � " � � ���
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<br /> Nulary Public
<br /> � 17a�7M �`.,��
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