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<br /> AIORTGAGIiL0ANN0. L 22,203 _
<br /> � KNO\4ALLMBNDYTIiES[iPRBSCNTS:'Phat David G. Pritchett and Marilyn A. Pritchett, each in his
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<br /> and her own 1'lght dlld dS Sp0u5e Of eaCh Other, Mortgagor,whetheruneormure,inconsiderationofthesumof
<br /> Twenty-four Thousand Four Hundred and No/100---------------------------------------�o�i,nas
<br /> luaned to s;�id mortgagor by The Gquitable Building and Loan Association of Grand Island,Ncbraska,Murtgagee,upun 244 sharcs of stock oF
<br /> said ASSOCIATION,Cectificate No.L 2Z�203 ,do hereby grant,cunvey and mortgage unlu the said ASSOCIA'T[ON Ihe following �
<br /> described real eslale,situated ir,Ilall Cuunty,Nebraska: �
<br /> LOT THIRTY SEVEN (37) IN REUTING'S SECOND
<br /> SUBDIVISION, BEING A PART OF SW;; OF SECTION 24,
<br /> TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST
<br /> OF THE 6TH P.M., HALL COUNTY, NEBRASKA.
<br /> togettier svith all the teuements,hereditamenis and appurtenances thereunto belonging.including attached Iluo�cuverings,all window screens, �
<br /> s .��: window sh�des,blinds,stunn�vinduws,:nvnings,heating,air conditioning,and plumbing and�vater equipment and acceswries d�ereto,pumps,stoves, .
<br /> refrigera�ors,anJ uther fisturcs and eyuipmenl nuw ur hereatter attached ro or used in cunnectiun with said real estate. �
<br /> F .. And u�hereas the s�id mortgagor h�s agreed and dues here6y agree that the mongagor shall and will pay all taxes and assessmrnts levied or �
<br /> �ssessed upon said premius and upon diis murtgage and ihe bond secured thereby before the same shull becmne delinquenl;to fumish approved
<br /> � insurance upun the buildings un said premises situateJ in the sum o(S Zl},400.QQ p�>'able to said ASSOCIATIO� and to deliver to said
<br /> �� ASSOCIATfON the pulicies for said insurance:and not tu mmmi�ur permit any wasie on m about said premiser, .
<br /> ' In case of defauh in the peiformance o(�ny u(the termsand condi�ions of this murtgage ur the 6und secured hereby,the mortgagee shall, �
<br /> un demand,he entitled to immediate possession of the mortgaged premiscs and ihe murtgagor hareby assigns, transfers and sets over tu thc
<br /> t- �� mor�gagee all the rcnts,�evenues nnd income m be derived from the murtgaged premises during such time as the mm�gage indebtedness shall remain
<br /> unpaid:and thc mor�g�bee sliall hm�e the po«•er tu appuint�ny agent ur agcnts it may dcsire(or thc purpose of repairing said premises�nd renting .
<br /> . the same and collecting the rents,revenues�nd incume,and it may pay out of said incunte all expenses oC cepairing said premises and necessary �
<br /> � cummissions and expenses incurred in renting and managing the same snd of collecting rent�ls thecefrom;the bulance remaining,if any,to be �
<br /> . �pplied mward the disch�rge of s�id murtgage indebtedness;these rights o(the murtgagee may be exrrcised at�ny time during the existence of such �
<br /> ^ default,iucspective o(any tempurary waiver uf the same.
<br /> _ These Presents,huwevcr,are upon the Conditiun,"I�hat if the said 1longagur shall�epay said loan on or be(ure the meturity of said sharcs by
<br /> � payment;pay momhly�o said ASSOCI:\TION ol thr sum specified in ihe ISond securrd hereby as interest and principal on said loan,on or before
<br /> the T���rntied�day u(each and evary munth,until said loan is Cully paid;pay all taxcs and assessments levied against said premises and on this t�tortgage
<br /> g�� . and the Bund secured thercby,befu�e delinyuency;fumish approved insurance upon�he buildings thereun in the sum of S 24�l}QQ.QQ paYable
<br /> !� � to said ASSOCIATION:rcp�y tu s�id ASSOCIA7lOti upon demand all money bp it paid for such tases,assessments and insurancr with interest at � .
<br /> - - ihe maximum legal�ale U�emon f�um date ol p�yment all of which 5lurtgagor hereby�c�ees to pay;permit no waste on said premises:keep and comply
<br /> s' with all the agroements and cundiiiuns ul the Bond fur 524 4O(� (�(1 this day given by ihc said�loctgagur to said ASSOCIATIOti,and comply
<br /> ,, � with all thc reyuirements uf the Cunstiwtion and By-Laws otsaid�SJ'b(:IATION;thcn these pcescnls sh�ll become null and void,uti�erwise they
<br /> � shall remain in(ull foree and may be fbreclused at the uptiun ut�he said ASSOCIATION after failure for thrce months to makt any o(said
<br /> payments or be threc munths in arrrais in making saiJ munthly payments,m to kecp and mmply with d�e agcecments and wnJiiiuns of said Bond;
<br /> x� and�torlgagur agrees to have a receiver appuinteJ forthwith in such(oreclosure proceedings.
<br /> II ihere is any change in ownership o(the real estatc mort�ged herein,by s�le m othenvise,then the entirc remaining indebtedness hereby
<br /> secured shall,at the uptiun o('Che Lyuitable[tuilding and Loan lswciatiun of Crand Isl;uid,Nebraska,becane immediately due and payable without
<br /> further notice,and tlie amuunt remaining�due under said bund,and any otl�er bund for any additional advances made thereunder,shall,(rom the
<br /> = date uf exerciu o(saiJ option,bcar imercst at the maximmn Icgal rate,and this murtgnge may then be foreclused to satisfy the amount due on said
<br /> bond,and any olher bond lbr additiunal advances,tugether wid�all sums paid by said The Gquitable Building and Loan Assueiation o(Grand Island,
<br /> Nebraska for insurance,taxrs and assessments,and abstracting exicnsion charges,witl� inlecest thereon,from date uf payment at the maximum
<br /> legal rate.
<br /> . As provide�in lhe Bund xcureJ he�eby,whiie this murtgage remains in effect thr mortgagee may hereafter advance additional eums m the
<br /> s � makers u(said Uond,their assigns or successors in in�erest,which sums shall be within the security of this morlgage the same as the funds ori�inally
<br /> € recq�eJ Ihejeby,Ihe iotal amuunl of principal debt nut lo excced at any time the original amount of ihis mongage.
<br /> � n��ed�n�s 2� h�' "�d�y�r June n.o.,�'� 76
<br /> � � 'C,.� ����i �'�,� 1�'r'��� ���k_<<.�i � l d'„ �-� e� D�o z—!
<br /> David 6. Pri chett Ma�iilyn A. ritc ett
<br /> STATG OP NEBRASKA,�ss. On this 25th da�u( June �9
<br /> COUN'CY OF HALL } 76,6eFore me,
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<br /> � the undersigned,a Notary Yublic in vnd Cor saiJ Count ,persunally came
<br /> Dav' itchett and Marilyn A. Pritchett, each in his and her own right an�as s�ouse "N;'.�
<br /> ��� who dre personally nownto � y
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<br /> I A�Q��i�lt{itul p �un 5 w�hose name S dre aflixed to the abo�•e instrumcn[as morlgagorS anJ tI12,y severally
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<br /> ' ac�{t�Dwledged thelviid ins�fument�o be thei r voluntary act and deed. t� '- .
<br /> 1 Y� ! � �,.,�I'�A'$S�my t�and and Nutarial Seal Ihe date aforesaid. � _,` ��...
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