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<br /> i 76. 003082
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<br /> , � MORTGACE
<br /> -��"` MORTGAGELOANNO. L ZZ,�6� �
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<br /> (' KNOWALLMGNUYTHGSnPRC5CN7S:Ttvit Alvin Urless Dillard, Jr. and Patr9cia Louise 0911ard,
<br /> �, each in his and her owm right and as spouse.of each other,
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<br /> <.i . Alotlgagor,whether one or morc,ln considemtion of the aum of
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<br /> c; Two�ry_fm�r Thoucand Five H�ndrad •�nd No/10(}-------------------------------------erflOLLARS , ,
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<br /> ,� loaned to said morlgagsr by The Equitablc Butlding and Liian Association of Grand[sla.�d,Ne6raska,Mortgagee,upon 245 �,a�e:or�ca�x or ,
<br /> )�`� , sald ASSOCIATfON,Certificate No.L 22��6� ,do hereby gmnt,convcy and mortgage unto the soid AS50CIATION Ihe following s'
<br /> '..� describcd real estate,situated tn Hall Counry,Nebraska:
<br /> t'.�'
<br /> �,� LOT "G" OF ELM PLACE, AN ADDITION TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AND
<br /> ,,� ITS COMPLEMENT, TO-WIT: PART OF LOT TWELVE
<br /> (12) OF THE COUNTY SUBDIVISION OF THE SOUTHEAST
<br /> QUARTER OF THE SOUTHWEST QUARTER (SE4SW4) OF �
<br /> SECTION SIXTEEN (16), TOWNSHIP ELEVEN (11) ,
<br /> NORTH, RANGE NINE (9) WEST OF THE SIXTH P.M.,
<br /> IN HALL COUNTY, NEBRASKA, MORE PARTICULARLY
<br /> DESCRIBED IN DEED RECORDED IN BOOK 88, AT
<br /> PAGE 510 OF THE DEED RECORDS OF HALL COUNTY, ( ',
<br /> NEBRASKA.
<br /> '<4 togetha wilh sll the tenements,hercditaments and appurtenances thereunto belonging,including attaclied tluur coverings,aU winJow uceens,
<br /> window shades,blinds,srorm windows,a�vnings,heating,air conditioning,and plumbing nnd watercqufpment and acceswries thercto,pumps.stoves,
<br /> �'� rcGigerators,ancl ofher fixtures and equipment now ar hettafter attecLed tu or used in cunnection with said real estate. `
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<br /> And whcrcas the said mortgagor has agrccd and does hereby egrce diat the mvrtgagar shall and will pay ail taxes and asseuments le�ied or :
<br /> assesud upan said premixs and upon this murtgage and the bcnd secured thereby be(orc the ume shn0 Secome delinyurnt;ro furnish approved r
<br /> insurance upon thc 6uildings on said prcmises situated in the sum o(5 24�SQQ.QQ payable to said ASSOCIATION and to dd�ver to aaid �
<br /> �� ASSOCIATION ihc policics for said insurance;and not to commit or permit any wastc on vr aboul said premius; i
<br /> In case o(default in Ihe per[ocmance otany o(the terms and conditions oi this mu�lgage or the bond ucured hereby,the mor�gagee shall,
<br /> � on Jemand,be enti0ed tu immediate possession of the mortgagcd premises and ihe mortgagor hereby assigns, transfers and xts over to tl�e
<br /> mo�tgagee all the rcnts,revenues and incvme to be derived Crom the mungaged premises during such time as the mortgage indebtedneu shall remain
<br /> � .unpaid;and lhe modgagcc shall have ihc powcr lu appoint any agcnt or agents il may dcsirc for thc purpose o!�epairing said prcmiva end renting , .
<br /> ^j the same and collecting the rents,revrnues und income,and it may pay out of said income all expenus o(repairing said premises and necessary ;'
<br /> � commi�ions and expenxs incurrcd in renting and managing!!:^ssme and uf collecting rentnls themfrom:the batana remaining,if eny,to be
<br /> applied lowaed the discharge of said mortgage indebtedness;thcu rights o(the mortgagce may be exe�cised at any time during the existmce af such
<br /> default,irrespective oC ang temporary N•aiver of the vme.
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<br /> Thcse Presents.howevcr,are upon ihc Conditiun,l'hat i(the said Atortgagur shall rcpay saiJ loan un or befuro the maturiry of said shares by
<br /> �� paymcnt;pay montiily to said ASSOClAT10N of the sum specifled in the Oond ucured hemby as imercst and principal on said loan,an or before
<br /> � the Twrnlieth day of each and evcry month,until said loan is fully paid:pay all taxes and nssessments levied against zaid premiscs and on thfs htortgage
<br /> � and the DonJ ucured qiereby,before dclinquency;furnish appruved insurance upon the buildings thereon in ths:um oC 5 24,500.0� payable
<br /> �, to mid ASSOCIATION:repay to said ASSOCIATION upon dcmand all muncy by it paid!or such taxes,a:seumonts und insurancc with interat at
<br /> the maximum legal ra�c thereun irom date of paymrnt ali uf which Mortgagor hereby agrees tu pay;permit no waste on said prcmises:keep and campiy
<br /> � with au thc agreement:and cunditions o(thc Bond(or S 24 500.00 �his day given 6y the said�lurtgugur tu said ASSOCIATION,and eompiy �
<br /> � with all thc rcquiremertts of the Conslitution and DyLaws of said ASSOCIATION;then theu p�urnts shall become null end void,othenviu they
<br /> � shall remain in full force and may bc turecloud at the option of the said ASSOCIATION afu� f�ilurc for three months to make any of said
<br /> paymenls or be ihrec munths in arrears in making said monthly paymcnt5,ur lo keep and compiy wi�h tlia agreemems and cunditions of said Uond;
<br /> and�lottgagor agrecs to have a receiver appuinted(orlhwilh in such forcclosure proceedings.
<br /> If Ihcre is any change in owncrship of thc real estate mu�tgagcd hercin,by sale or otherwix,then the entirc mmaining indebtednes�hercby
<br /> ucurcd shall,a�thc option uf The Hquitable Uuilding and Luan Association of Crand Islend,Ncbraska,become immediately due and pnya6lc without
<br /> further notice,and the amount remaining due under saiJ bond,and any olher bond for any additional ad�znces made thereunder,st;all,from the
<br /> dale o(excrcisc o(said option,bear interest a�thc maximum Icgai wte,and tl�is mortgage mny then be forecbud ro satisfy the amount due on suid
<br /> �"� bond,und any other bond for additional advantts,together with aIl sums paid by said The Equita6le Building and Loan Association of Grand Islend,
<br /> Nebreska Cor insurance,lues and assessments,and abstracting extensian charges,with interest thereon,(rom date of payment at the maximum
<br /> � � legal ratc.
<br /> � � As provided in the Bond secureJ heraby,whik Wis mortgage remains in eC(ect the mortgngee may hrreafter advance additional sums to the
<br /> makers u!said[Sond,their assigns or succtuors m interest,which sums shall be within the ucurily oE this mortgage tht same as the funds ariginally
<br /> = sewred lhere6y,Ihe totel amount o(princi�a:debt not to excecd et any time thc oriqinal amount of:hi�mortgege.
<br /> t �a in�s 9th . a,y or J une n.�.,�v 76
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<br /> -_ i Ur] s_ '11ard,
<br /> '. � - Patricia Louise Diltard
<br /> �� 5TATE OF NEBRASKA,l�$ On this 9th day o( June 19 J( ,be(ore me,
<br /> COUNTY OF.HALL j ,y�
<br /> � '-^� the undersi ned,a Nota Pub6c in and for said County,Qersonally came •#
<br /> :Alvin, Urless Dillard, Jr. and Patricia Louise Dillarc�, each �n his and her own right and ;� N �`
<br /> 5� 'dS s ch`other, w��� dre personally known ro
<br /> a ck � �`�:
<br /> mb� ,tft'e j S whose name 5 are aftixed to tht above instrumenl as mortgagor5 and they uverolly ry'r�
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<br /> ;� a nowiA3gc�'the�aif'tqstm nt to be thei r voluntary act and dced. ,� $
<br /> ` � ' � J NOTA}�T�11?�S fn hand and Notariai Seal the date aforcsaid. ; Y `
<br /> ��� � � � (;OM611' �u n ex ires ' _ . � .
<br /> EX������' P 3�,���b � '�
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<br /> 6.-. �q���5,Nl,.v�� . Notary Public
<br /> IFOF NEB�PS
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