|
Y, A
<br /> _�
<br /> ,�i�ti.! ?�t�r� .
<br /> �� ,
<br />�: pfOR'CGAGG ___ "__________ _—__ —
<br /> ---� n�oarcnci;�.r�,�n no.L 22,172 ----
<br />�:
<br />�. � ti�ow n�L ri�:n uv rti�se e�tesrn�Ts:�rf��� Gary W. Swal l ow and Betty L. Swai l ow, each i n hi s
<br /> and her own ri ght and as spouse of each other, �iortgagor,w}�ether one ar:nore,in consideration of tlie sum of
<br /> Twenty-four Thousand Five Hundred and No/100-------------------------------------- �o��ntts
<br /> � losned to said morlgaguc b}'Tlie fiyuilable 9uilding and Luan Associatiun of Crand Island,Neb�asF.a,Aturtgagee,upon �u(stocF.of � � �
<br /> said ASSO('iATION,CertiCca[e No.L Z���72 ,do h¢reby grant,wnvty and mungage unto che said ASSOCIATION the tollowing . �
<br /> � described real estate,situated in Hall County,Nebraska: � � �
<br /> LOT TWO (2), ROSS AND ASHTON PARK, LOCATED ON AND BEING A SUB�IVISION OF
<br /> PART OF LOTS 14 AND 18 OF THE COUNTY SUBDIVISION OF TNE WEST HALf OF THE
<br /> SOUTHWEST QUARTER (4J3'2SWa) AND A PART OF THE EAST HALF OF THE SOUTHWEST
<br /> QUARTER (E�SW4) Of SECTION FTFTEEN (15), IN TOWNSHIP ELEVEN (11) NORTH,
<br /> � RANGE NINE (9) WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br /> togelher with all the tenemtnis,iiereditaments and appurtenances thereunto 6elonging,including attached quor a�erings,all window screero. �� � . � � � � � �
<br /> winJow sh�dee,blinds,srorm a-indows,awnings,haa�ing,air conditiuning,and plumbing and water eyuipment and acttssories thereto,pumps,stoves,
<br /> ��, refrigeraturs,and other fixturcs and equipment now or hereafter attached to or used in connection u•iih said real estate. � � . ��. �
<br /> And whercas die said mortgagor has ugreed and does hertby agree ihai the mortgagur shall and will pay all taxes and assessments levied or �. � �
<br /> assessed upon said premises and upun this mortgage and�hc bond secµ�ed t;�y,r�byQhefore che same shall become delinqucnt;to furnish approved
<br /> insurance upon the 6uildings on said premises siluated in tl�c sum of 5 G4�5U U �ayable to said ASSO(:lATION end tu delivet ro said .. ..
<br /> ASSOCIATION thr policies for mid insurance;and not to commit or pennit any a�aste on or a6out said premiser. �,. . �
<br /> In case oC default in the per(ormance of any uf the te�ms and cundiliuns uf this murtgage or the bund secured hereby,the mortgagee shall, �� � . � ��
<br /> on dem�nd,be entitled w immediate�wssession ot the mortgaged premiscs and the murtgagur here6y assigns, trans(ea and sets ocer ro the � � , �
<br /> -� mortgagee all die renis,revenues xnd incume to 6e derived from the morigaged promises during such time as the mongage indebtedness shall remain : � � � . �
<br /> � unpaid;and tha morigagec shall h:�ve the power tu appoint any�gent or ugents it may desire fnr the purpose of repairing said premises and renting _ � . �
<br /> the same and wllecting the rents,revrnues and income,and it may p�y out of said income all expenses of repairing said premises and necesssry
<br /> - cummissions and expense:incuned in renting and managing the:ame and uf mllecting rentals therefrom;the 6alance remaining,if any,to be � � � �- � '
<br /> � applied toward the discharge ol said mortgage inde6tadness;these ri�hts u(Nie mortcagee may be exerciud at any time during the existence of such �� � � -
<br /> � default,irrespective ot any icmporaq�waiver of tt�r same. �� �
<br /> . These Presents,however.sre upun the C�mdition,That i(the said Alortgagur shall repay said ban an or before the meturity of said sharcs by - � � � ..�
<br /> payment;p�y munthly to s�id ASSnC1ATI0N uf the sum specified in ihe Bund secured hereby as in�eres[and principal on said loan,on or beCore � .
<br /> ; ihe T«'entieth d�y of each and ev:ry month,un[il s:iid loan is fully paid;pay all taxes and assessments levicd aguinst said premises and on this Atortgage �
<br /> . and ihe Unnd secured the�eby,be(ure delinquency;furnish appruvrd insurance upon the buildings thaceon in the sum of S?t}�500.Q� payable ��
<br /> - to said ASSOCIATION;rep�y to s�id ASSOCIATION upon dem�nJ all muney by it paid for such tazes,assessments andinsurance with inttrest at � ��. �.
<br /> the maximum leg�l rate thereon frum J�te uf payment all of which 5fort�gur hereby agrees tu pay;permit no waste on said premises:keep and comply . � �
<br /> with ali�he agrcemenis and cunditions of the Oond ior S 24�500.�0 Uiis day given by the s:iid Afurtgagur to said ASSOCIATION,end comply
<br /> , with all the reyuiremrNs o(thc Cunstitution and IiyLaws of said ASS(xlATiON;then these presents shall become null and void,otherwise they � �
<br /> shall remain in lull force and m�y be foreclused at the uptiun uf ihe said ASSOCIATION alter failuro for three muntiu to make any ol's�id . �
<br /> �; ' payments ur be three munths in arrea�s in making said nwnthly payments,or to keep and cumply with the agrcements and conditions of said Uund; � �
<br /> � and�tor�gagur agrces to li�ce a reaiver appuinted(urth+vith in such foreclusure prucecdings. .
<br /> I(there is any change in ownership ul the real estatc mortgaged herein,by ulc or vtherwise,then the entire remaining indebtedness hereby
<br /> securcd shall,at d�e uption of The Fyuitable Uuilding and L.oan Association uf Grand[sland,Nebraska,become immediately due andpayable without
<br /> further noiice,and the amount remaining due unJer saiJ bunJ,and any o�her bond for any add•,tional advantts made thereunder,shall,from the �
<br /> - dete uf exereise of said option,bcar intcrest at the maximum legal rate,:�nJ this murtgage may then be(oreclosed to satis(y the amount due on said .
<br /> bonJ,and any other 6ond for additional advances,together with all sums psid by said�1 ne 6yuitablo Building and Luan Association of Grand Istand,
<br /> Ne6raska for insurance,taxes and assessmentx,and abstracting exlension charges,with inte�esl thereon,from date uf payment at the maximum
<br /> Icgalra�c.
<br /> As provided in the Bund secureJ hcreby,while this mongage remains in e(lect the mongagee may hereafter advance additional sums to the
<br /> �� makers of said Bond,their assigns or succesmrs in interes�,which sums shall be within the security o(this mortgage the same as the funds originally � �
<br /> ucurcd thrreby,the toWl amount of p�incipal Jebi not to exaed at any lime the ori�ina!amuunt of this mortgage. . �
<br /> D'JICII�IIIS 11 th a�>-�r JUf12 A.D.,I) ]E �
<br /> C�.� - ,(
<br /> ar �' _� �c.n-.�r�.J
<br /> Be��y L� Swallow
<br /> S7'ATG OP NEBRASKA,�ss. On this ��th ��>'°� June 19 76 ,beCort me,
<br /> COUN'fY OF f1ALL ' �
<br /> t��undersi n d,a Nota �Publi and for said Count � A`°
<br /> Gary W. Swallow and Betty L. Swallow, each in his an��er owr� rig`h'� r.�`So°�uy`�m° �,';;;
<br /> � who ersunalt known to �� D
<br /> and as spouse of each other, are � v �
<br /> � mc�u be the identical person S whose nsme S a(f'�cd to thc above instrwnent as murtgo�ur S and tfl@J� uveralty �
<br /> L �-- •
<br /> • _" __
<br /> � acknowledc,ed tfie said instrument tu be thei r vu�untary act and deed. (� �� %'" � t*' �`'
<br />- _. ..__.__.. __. ...WI I M1LSS mt+hand xnd Notarial Scal thu datc a(oresaid. �` I �� ' �
<br />� �1�Cupimission ezpires �.� �// � I -
<br />�. .,/ �;_ !�G r.i/�.✓„�i
<br /> .' >
<br /> .,
<br /> L � r
<br /> l' . .. � � ��(1�d(V�� b�
<br /> F. ` "T^,lf'iSi'. J
<br /> ,_ ._._�—7 :Y -_ '.'' -Y(- . .
<br /> _ !� � � �
<br /> 4
<br /> ;,..,-.. , .,....._ .,�_�_ ..;-,;-t H«..._.,:
<br /> . .. -,irm , .-r-.'.._a'^"""' Y�:�.:.:_ . .r;.,._.•! � _. •np..�:..•n,.,.�,.�.�a-+�r^-n..;.�.. a ...^.°".�-^i9+._�s'e,?t•q'n.e+';! . �.v . �'?-. .Rf:
<br />
|