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<br /> ' n�oaTcnce
<br /> nfoit��cncti LOAN N0.. L 22,202 ^
<br /> r KNON'ALLMENDYTHCSEPRt;SBNTS:TLat Michael S. 0'Neill and Claudia �'Neill, each 9n his dfl(1
<br /> I.
<br /> her own right and as SpOUSe Of eaCh other, Mortgagor,whetheruneormoro,inconsiderationofthesumo!
<br /> Forty-five Tho�eand Two H�ndred and No/100-----------------------------------------�oLLnRs
<br /> baneJ to said mortsagor by'Che Equitable Duilding and Luan Association of Grand Island,Nebraska,Atortgagee,upun 452 shares of stock of . � �
<br /> said ASSOCIATION,Cerlificate No.L 22�202 ,do�ieceby grant, convey and mortgage unm the said ASSOCIATION the(ollowing .
<br /> described�eal eslate,siluated in Ilall Cuunty,Nebrasl;a: . � �
<br /> LOT SIX (6), IN BLOCK TWO (2), "KAY-DEE
<br /> SUBDIVISION," AN ADDITION TO THE CITY Of
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> �ogether with all the tenements,hereditaments and appurtenances tl�ereunto belonging,including attached tlour cuverings,all window screens, �
<br /> window shaJes,blinds,storm winduws,uwnings,heating,air cunditioning,and plwnbing and water eyuipment and accessories thereto,pumps,stoves,
<br /> � refrigeraturs,and other Gxtures nnd eyuipmrnl now ur hereafter attacheJ tu or ured in connection wi�h said real estate.
<br /> And whereas�he said mortgagor has agrced and Joes hereby agree lhat the I110I1_l'ebOl SIl'JII and will pay all t3xes and assessments levied or . .
<br /> assessed upon said premises and upon d�is mortgage and die bond sewied thereby befure tlie same shall 6ecome delinquent;ro fumish approveJ �
<br /> insurance upon the buildings on said premises siluated in the sum uf 5 45�2��.�� payable tu said ASSOCIATION and to deliver to said
<br /> . ASSOCIATION the pulicies Cor said insurance:and not w commit or permit any was�e un ur about sai�premises: . . �
<br /> In case of default in ihe perlurmance o(any ul the terms and conditions of this murtgage or the bond secured hereby,the mortgagee shall,
<br /> - un demand,6e entided to immediste possession uf the mortgaged premises and the mungagur hereby as5igns, transiers end sets over to Ihc � . -
<br /> � murtgagee all the rents,revcnues and incmne ro be Jeriaed(rom the murt�ged prcmises during such time as the mort�.age indebtedness shall remzin �
<br /> � unpaid;and die rnurtgagce shall have the power tu appoint any agent or agents it nmy desirc(or the purpose of repairing said premises and renting .
<br /> � the smne�nd collecting the rents,revenurs and income,and it may pay out of said income all expenses of repairing said premises and necessary . - �
<br /> commissions and ezpenses inwrred in rznting and managing the same and oC cullecting rentals thecefrom; the balance remaining,if any,to be �
<br /> r �' applied toward�he di5chaige of taid mortgage indebtedness:these rights uf[he mungagce may be cxercised at any time during the existrnce of such � � �
<br />. �; � dcfault,irrespective o(�ny temporary waiver of the same. .
<br /> i .�' These Presenis,huweve�,ara upun the l'undition,Thal if thc saiJ 1for�gsgor shall repay said loan on m befoce�he maturity of said shares by
<br /> paymem;pay monthly to said ASSOGATION uf the sum specilied in d�e(fund secured hereby as interest and principal on said loan,on ur belbre
<br /> � the T��enticth day oi each and rvery munth,umil said lo�n is(ullq paid;pay all[aaes and assessments levied against said premises and on this!�lortgage
<br /> and the Uund secured there6y,belure delinyuenc}�;lurnish approved insurance upun the buildings thereon in the sum ot S G5�2��.�� p�yable � . .
<br /> to said ASSOCIATIO\:rep�y to said ASSOCIATION upon dcmand all money by it paid for sudi eaxts,assessments and insurance with interest at �
<br /> � the muximum legal rate the�eun frum date of payment all o(which�fongagor he�eby agrees to pay:pem�it nu waste on said premis•es;keep and comply
<br /> . with all the agreemen�s and conditions ol the Dond(or S Q5�zQQ.QQ th�s day given by the said lforigagor to said ASSOCIATION,and comply
<br /> � with all Ihe reyuiremems uf the Consiitulion and By-L�ws uf s�id 1SSOCIATION;then these pcesants sh�ll become null and void,otherwise they
<br /> 3 � shall rcmain in full furce and may bc forecloud at�he optiun uf thc said ASSOCIATION a(ter I'ailurc for thme months tu make any uf said
<br /> �f � p�yments ur be thrcc momhs in artean in makin@ said munthly paymcnts.or tu kecp and cumply with the agmements and mnditions of s;iid Uond;
<br /> " and plortgagor agrers tu have a rccaiver appuintcd inrthwi�h in such foreclusurc proceedings.
<br /> � If ihere is any change in owncrship ol the real cstatc mortgaged hemin,by sale ur otheru�isr,then die enti�e rcmaining indebtedness hereby
<br /> . secureJ sLall,�t the option o(The Equitable Uuilding�nd Loan Assuciatiun uf Gr�nd lsland,Nebraska,become immediately due and paysble withuut
<br /> � further notice,and the amount rem�iniug due under s�id bond,and any uther bond for any additiunal advunccs made thereunder,shall,frum the
<br /> � date o(exercise uf said uption,bear interest at the maximum legal rate,and�his mortgage may then be Porcclosed to satis(y the amuunt due on said
<br /> r. bund,and any other bond Cor additional aJrances,together with all sums paid by said'I'he L'yuitable Building and Loan Association o(Grand Island,
<br /> �ebraska for insu�ance,taxes and assessments,anJ abstracting excension d�arges,with interest thereon, fmm date of payment at the maxinmm
<br /> legalralc.
<br /> As provided in Ihe Uund secured hereby,while this mortgage remains in elfect the mortgagee may hereafter advance additional sums to tha
<br /> makers uf said I3und,Iheir assigns ur succeswrs in intercst,which sums shall be within the securiry oC this mong�ge the same as die(unds o�iginally
<br /> � ucured therebq,Ihe total amount uf pr'yuipal debt not to exceed at any time the oriynal amount oF this mortgage.
<br /> o��� r��s 24tb' � �y�r June � ,�.o..iv 76
<br /> ��� � (_��lIF.L�-lL'L'(�,�, �I_I r � G.�
<br /> MiGC��' . Nei Claudia 0'Neill �— '
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<br /> STATE Of NGBRASKA,(ss. On this 24th ��y,�� June ]7�6 ,befure me,
<br /> COUNTY OF HALL j �, r-.
<br /> M i�h a e l S. 0'N e i l l a n d C l a u d i a 0'N e i l l e a c h i`n`Y�`�s`S��n c�'�I e raryYubticin•nJCoriidCounty,�r«„au came
<br /> � own rig�i t an� as spouse o fi l, cv �:�
<br /> each other, Wt10 are F�rsonallyknownto � �'
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<br /> �pt�t�'e,Ct�tt�tical persun5 H'hou name S dY2 affixed to the abo��e instrument as mongngor5 and they scverally ¢ �
<br /> . F�k���VW�d6Q�'�r�'�instrument lo bc thei r voluntnry acl and dad. � r,...
<br /> ' t• µ'I GSS my hand and Notarial Seal tlir date afortsaid.
<br /> , ;.1�xG�mmission expires r���� '� "�� , .i:�, .
<br /> � � � �� �� �� �� Nutary Public
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