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<br /> MOIiTCAGB
<br /> �10RTGAGG LOAN N0. L 22,�S5
<br /> , ( KNOW ALL k1EN DY 1'llfSf:l'It[:SBNTS:That Rudol f F. Pl ate and Jeanni ce R. Pl ate, each i n hi s and
<br /> her own right and d5 spouse of each other, Atorlgagor,whetheroneormore,inconsiderationofthesumof
<br /> ' ' Twentv-six Thousand and No/100-----------------------------------------------------floL�A�u
<br /> � loaned lo�id murtgagur by The Cquitable Uuilding and Loan Associalion of Gmnd Island,i�ebrasl:a,�tortgagee,upon 26Q shares u(stock of �
<br /> said ASSOCIATlON,Certificate No.L 22,185 ,Ju hereby grant,cunvey and mortgage unW the said ASSOCIATION Ihe f'ol�owing
<br /> described real estate,situatcd in flall County,Nebraska:
<br /> LOT TEN (10), ISLAND ACRES NUMBER 6, A
<br /> REPLAT OF LOTS NINETEEN (19) AND TWENTY
<br /> (20), ISLAND ACRES, CITY OF GRAND ISLAND,
<br /> �
<br /> HALL COUN?Y, NE6RASKA.
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<br /> � together witli all the tenemen�s,hereditarnents and appunen�nces thereunto belonging,including attached fluur coverings,all window screens,
<br /> } : winJuw shades,blinds,stonn windows,awninEs,heuting,air conditiuning,and plumbing and wa�erequipment and accessories thereto,pumps,stoves,
<br /> - refrigerators,and othrr lixtures and eyuipment now ur here�fter atiached to or used in connectiun wi�t�said real estate. �
<br /> And where�s the said mor�gugur has agreed and does hereby agree that thc mortEsigur shall and H•ill pay all taxes and assessments levied ur
<br /> . asussed upon said premises and upon this nmrigage and the bond secured�hereby bel'ore the s�me shall bamme delinquent:to furnish approved
<br /> iniurance upon the buildings on said premises si�uated in the sum of S ZE����.�� payable to s�id ASSOCIATIO\ and to deliver to said .
<br /> ASSOCIATION Ihe policies fur s:�id insurance;and not tu commit or permit any waste un or about said premises;
<br /> - In case o(dcl'ault in the ped'onnance uf any uf the mnns and conditions oC this mortgage or die bond secured hereby,die mortgagee shall,
<br /> on Jcmand,6e cntitled to immcdiate pussessiun uf�he mortgaged premises and the nwngagur hereby assigns, transfers and uts over to ihe �
<br /> mortgagee all the rents,revenues and income to be derived irom die murtgaged premises during such time as the mortgage inde6tedness shall remain
<br /> unpaid;and the murtgagec shall hace the power tu appoinl any sgent or agants it muy dcsire for�he purpose of repairing said premises and renting
<br /> the same and coliccting ihe rems,revenues and income,and it may pay out of said incume all expenses uf rcpairing said premises and necessxry
<br /> commissions and expenses incurred in renting and managing Ihe same and of collrcling rentals there(rom;the balanre remaining,if any,tu be �
<br /> applied toward the discharge uf said mortgage indeb�ednesr,these righls of the murtgagee may 6e exercised at any time during the existence of such
<br /> Y:�I llt��0I1�If(l'S�)Cl'�1Vr U�80}'Ll'10(10I8I)'N'�I\'dI 0`II1C S8If1C.
<br /> 7l�cse Presents,howeeer,are upon[he l'ondition,'fhat i(the said Afurlgagor shall repay said loan un or befine the maturity of saiJ shares by
<br /> payment;pay munthly tu said ASSOCIA7lON of the swn speciGed in the Bond secured hereby as iruerest und principal on:aid loan,on ur beiore
<br /> the Tweu�icth d�y uf each and evciy month,until said loan is fullp paid;pay all taxcs and assesvneNs le��ied against said premises and on this Aturtgage
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<br /> . and ihe[fond sccured thereby,befare delinyuenc};furnish appmvcd insurancc upon the buildings thcreun in the sum oC S 26����.�� payable
<br /> � �� to saiJ ASSO('IATIO�:repay to said ASSOCIATION upon drmand all muney by i�p�id Cor such taxes,�ssessments and insurance with inrere:t at
<br /> ihe maximum Iegal rate thereon from d�te of payment all u(which�turtgagur hereby agrces tu pay;permit no waste on said premises;keep and comply
<br /> � wi�h�II the agrecinents and conditioia u(the[iund for S Q(���� �Q tliis day given by ihe said�turtgagur tu said ASSOCIATION,and comply
<br /> with all the ceyuiremems uf the Coustitution and fiy-Laws o(said ASSOCIATION;then ihzse presents shall become null and voi6,otherwise they
<br /> shall remain in full(oree.and m�y be fureclosed at the uptiun u(the said ASSOCIA'I'ION after 1'ailurc (or three munths tu make any o(said
<br /> �'�� p�yments ur be three mun�l�s in;�rrears in making said munthlp payments,ur to keep and cumply with the agreements and conditions u(said Bond:
<br /> Yand Atortgagur agrec�w havc a recciver appoinleJ(orthwith in sudi foreclosurc procccdings.
<br /> . If there is any change in uwnership ol�he real estate murtgaged hecein,by sale ur otherwise,then the enlire remaining indebtedness hereby
<br /> ucured shall,at the op�ion of The Equiteble Uuilding and Luan Associatiun of Crand Island,Nebraska,bemme immediately due and payable without
<br /> { (urtlier nu�ice,and the amount remaining Jue under said bund,and any ulher bunJ fur any additional adrances made thereunder,shall,from the
<br /> % date of exercix u(saiJ option,bcar interest at the maximum Icgal rate,and this murtgage may then be Coreclosed to satis(y th:amount due on said
<br /> � bond,and any uther bund for additional advances,iogether with all sums paid by said The Equitable BuilJing and Lu�n Association of GranJ Islund,
<br /> Nebraska for insurance,�axes anJ assessments,and abstracting extensiun charges,wilh interest �hereon, from date uf payment at the maximum
<br /> �l'�'8�IJIC.
<br /> 4, ` As pmviJed in the Bond secu�ed hcreby,whilc If�is mortgagc remains in ef(ect�he mortgagee may he�eafter udvance udditional sums tu the
<br /> �� mskers uf said llond,their assigns or suceessors in interest,which sums shall be wiqiin the ucurity of this mortgage Ihe same as the funds origin�lly .
<br /> se�ured thereby,the total amount of principal debt no�lo excecd al any time ihe original amount of this mortgage.
<br /> t�:��a�n�5 16th� a:�>-„r June a.n..iv 76
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<br /> �i�udolf F�P a e.�l� ��� ���
<br /> i .. .. , ! y i �'G�
<br /> �nnice R.� Plate
<br /> STATE Of NGBRASY.A, ss. On�his �6th duy of June 19 ]( ,be(ore mt, �
<br /> COUNTY QF HALL} ,
<br /> ' d�e updersign d a Notary Publi�' and Coc id County,personal y came N���
<br /> Rudolf F.-Rlate and Jeannice R. Plate, each in his an� her own rig"�t and`�as spouse o�
<br /> C'dCh other,_�, ��'�1O are personallyknuwnto � , �' �
<br /> �. me lo be the idenlical personS w'hosc nameS hc'2 af�xed ro the abu��e instrument as mortgogor 5 and they severally d'
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<br /> ' acknowleJged the said instrument to be thei r voluntary act and deed. ��. �
<br /> A'ITNGSS my hand and Nolarial Scal the date aforcsaid. � �
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