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<br />` (` ti�o�a,���nii.nt+�rrnfsrrw:si:rrrs:ri��� blilliam li. f"oody and Linda t�1. D',00dy, each in his and
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<br /> i' h21' 044t1 right dlld dS Sp0U58 of each other, p�i��tgagor,whetheroneormore,incunsiderationol'thesumot"
<br /> pThirty-eight Thousand Eight Nundred and No/100-------------------------------------po�.Laks
<br />' loaned to said morigagor by The Equit�6le Building xnd Loan Associ:+tion of Grand Island,Nebrasicu,hior3agee,uoon 388 shaces o(stock uf
<br /> . said ASSOCIATION,Certificate Nu.L 22 �]3 ,do hereby grant,convcy and mortgaga unto the said ASSUCIA770N tl�e Cullowing . �
<br /> described ceal esta[c,situated in Hall County,i�ebraska:
<br /> LOT ELEVEN (11) WESTERN HEIGHTS SECOND S!�3DIVISION
<br /> IN HALL COUNTY, NEBRASKA.
<br /> together wilh all the lenements,Itereditaments and appurttnances Ihereunto belonging,including attached iloor covvrings,sll window scrcens, � � �
<br /> window shades,blinds,storm windows,awnings,heating,air conditiuning,and plumbing and wxter equipment and accessories thereto,pumps,stoves,
<br /> reGigeramrs,and other fixmres and equipmrnt now or hereafter attached to or used in cunncetion with said reai estate.
<br /> And whereas the said mo�tgagur has agreed and does hece6y sgree lhat the mortgagor shatt and will pay all taxes and assessments levied o[
<br /> assessed upon said premises and upun this mortgage and the bond secured thereby be(ore the same shell bewmc detinquent;tu furni�h approved
<br /> iusurance upon the buildings on said premises siwated in thc sum of S 38,8�0.�� payabie to said ASSOCIAT[ON and to de:i�Rr to said
<br /> ASSOCIATION the pulicies for:aid insu�ance;and not to commit or permit any waste on or about said premises;
<br /> fn cau of defxult in the performance of any of the terms and cunditions u!this mortgage ur the bond secured heceby,the mortgagee shall,
<br /> on demand,be entitled to immediate pussession of thc moctgaged premises and ihe mortgagor here6y assigns, Imns(ers and sets over to [he
<br /> , mortgagee all the[ents,revenues and inwme lo be derived(rom the mortgaged premises during such time as the mor[gage indebtodness shall rerttain � �
<br /> � unpaid;and tlie murtgagee shall have the power to appoint any agent or agents it may desirc for the purposc o(repairing said premises and renting . � ��
<br /> the same and collecting[he rents,revenues end income,anJ it may pay out o(said income ull expenses o(repairing said premises and necessary
<br /> . commissions and expenses incurred in renting and managing the same and of collecling centals theie(com:the halance remaining,if any,to be �. -
<br /> applied toward the discharge o(said mortgage indebtedness;these rights uf the murtgagee may be exercised at any time during d�e exis�ence of such
<br /> de(ault,irrespective of any temporary waiver of the same. � . �
<br /> - These Pcesents,huwever,are upon the Condition,Thal if the said Afo�tg�gor shall rcpay said luan on or be(oro the maturity ot said sharos by � . . .
<br /> paymenl;pay monthly to said ASSOCIATION of the sum specified in dte Uund secured hereby as interest and principal un said loan,on ur beCore �� � .
<br /> the Twentictli da}�of each anJ every month,until said loan is fully paid;pay all tuxes and assessments levied against said premises and on this f�tortgnge �
<br /> and the Bond ucured Uiercby,before detinyuency:fumish approved insurance upun ihe buildings thereun in the sum of 5 3S�80�.�� payable � � �
<br /> � to saiJ ASSOCIA7lON;repay to said ASSOCIATION upun dem:�nd all monev by it paid for such taxes,assessments and insurance with interest at � � - �
<br /> the maximum legal rate thereon Gom date of payment all of which Dtortgagor hereby agrees to pay;permit nu waste on said prunises:keep snd comply � . � � .�
<br /> with all the agreements and conditions of the Bond fur S 3H HOO OO �his day given by the said 6fortgagor tu said ASSOCIATION,and comply
<br /> with all the reyuiromen[s vf the Cunstit�tivn and By-Laws ot'said ASSO('IATfON;then these presents shall bcmme null and void,otherwise they � -
<br /> shall renuin in Cull fo�ce�nd m�y be(oreclosed at the uption o[thc said ASSOCIATION aiter failure for threc months to make xny oC s:iid .
<br /> � payments ur be three months in arrears in m�king s:+id monitdy paymenis,or to keep and cmnply wi:h Ate agrerments and conditions of said Uond; :
<br /> and Afortgagec agrees�o have a receiver appointed Cocthwith in such Cureclosurc proceedings. � .
<br /> � If there is any change in uwne�ship o(d�e rcal estate murtgaged herein,by sale ur otherwise,then the entirc remaining indebtedness hercby � � �
<br /> . secured shall,at the option of The Equileble Buildirg an1 Loan Aswciatiun of Grand IslxnJ,Nebraska,become immediately due an6 payable without � -
<br /> � furlher notice,and the amoun[remaining due wider said bonJ,and any o�her bond for any addi[ional advances mxSe themunder,sh�ll,liom the � �
<br /> date o(exercise of said option,bear interest xt the ma�cimum legal ratc,and this murtgage may then be foreclosed[o satisCy th^�mount due on said
<br /> bond,and any other bond for aJditiunat advances,together with all sums paid by said The Gyuitabte Building and Luan Association uf Crand Isisnd,
<br /> + Nebraska for insurance,taxes znd asussments,and abstracting extensiun charges,with interest the�eon,(rom dace of paymen[ at the maximum �
<br /> legal rata
<br /> As provided in the Bond secured hereby,while this mort�ge rem�ins in cffect the mongagee may herea(ter advance edditional sunn lo the
<br /> makers of said Uond,their assigns or successors in interest,which sums shall be within tne security oC this murtgage the same as tlie tunds ori�inally
<br /> secured�hereby,the totai amoun[of principal debt nol tu exceed at any time the original amount o(this mortg�ge.
<br /> Dated this 11 th ��v�� June ��•��•i� 76
<br /> (�/�Y��(_n�� �/��.��,r �i�•v-t�.- �\�. ''��
<br /> W�liam H. Moody t �: Linda M. Moody
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<br /> STATE OF NEHRASKA, ss. On Uus ��tfl day o( June 1'J 76 ,before me,
<br /> COUNTY OF HALL� —� r :
<br /> the undersig ed,a;:�.ary Public in and for said County,persunally came
<br /> William N. Moody and Linda M. Moody, each in his and �er own right and as spouse of each .ey .
<br /> L other, `°f�° are F=�sunellyknownto �
<br /> me to be tho identical pe�wn 5 whose name S d P0 aCfixed to the above instrument asmort�sgor S and they sCvera��Y s'r
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<br /> � acknowledged thc said instrument to be thei r vuluntary act and dced. . , i � �p
<br />�, � WITNGSS mv hand and Notarial Scal the date aforesaid. '``��� ��
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