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<br /> MORTGAGf
<br /> AtORTCAGLL0ANN0. L 22,207 _
<br /> ' � KNOWALLM[iNaYTHGSEPRESENTS:That John M. Willman, Jr., a single person,
<br /> Mortgagor,whether one or more,in cunsideration ot the sum of
<br /> Twentv-nine Thousand and No/100---------------------------------------------------�oL�nRs
<br /> IoaneJ lo said mor�gagor by The @quitable I�vilding and Luan Association o(Crand Island,Ne6raska,�furtgagee,upon 29� shares of stock of
<br /> s�id ASSOCIATfON,Certificate No.L 22�Z,Q7 ,do hereby grant,convey und mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,nebraska:
<br /> THE WESTERLY SIXTY AND EIGHT TENTHS FEET (60.8') OF
<br /> LOT THREE (3) IN BLOCK FIVE (5) IN VALLEY VIEW
<br /> SUBDIVISION IN THE NORTH 1103.0 FEET OF THE EAST NALf
<br /> OF THE NORTHEAST QUARTER OF SECTION 22, TOWNSHIP 11
<br /> NORTH, RANGE 9 WEST Of THE 6TH P.M.
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<br /> �{ � together with all lhe tenements,he�editaments and appurtenanres tliereunto 6elonging,including attached llour coverings,all winJow screens,
<br /> �� window shades,blinds,storm winJows,awnings,heating,air cunditiuning,and plumbing and weter equipment and accessories thereto,pumps,stoves,
<br /> � refrigerators,and other fixtures and equipment now or herea(ter attached to or used in conneclion with said real estate.
<br /> And whereas Ihe said mor�gagor has agreed and does hereby agree thal the mortgagor shall and will pay all taxes and assessments levied or
<br /> assessed upon said premises and upon lhis morlgage and�he bond secared thereby be(ore ihe same shall become delinquent;lo furnish epproved
<br /> � insurance upon the buildings on said premises situated in the sum of S Q9�QQQ.QQ pa)'able �o said ASSOCIATfON and to Jeliver ro said
<br /> ASSOCIATION�he policies for said insurance;and not to commit or permit any waste on or abuut mid premises;
<br /> In case of defaul[in the performance of any of the terms and conditions uf this mortgage or the bund secured hereby,die mortgagee shall,
<br /> i ` on demand,be entided to immedia[e pouession of the morlgaged premises and ihe mortgagor hereby assigns, transfers and sets over to the
<br /> -. mortgagee all the rents,revenues and income to 6e derived frum the mortgaged prcmises during such time as the mortgage indebtedness shall remain
<br /> � unpaid;and the murtgagee shall have the power tu appoint any agent or agents it may drsirc for the purpose of repairing said premises and renting
<br /> � the same and collecting the rents,revenues anJ income,and it may pay oul of said income all expenses o(cepairing said premises and necessary
<br /> commissions and expenses incurred in renting and managing the same and of collecting rentals !herefrom; the balance remaining,if any,to be
<br /> �. � applied toward the discharge of said mortgage indebtedness;these rights of the mortgagce may be exercised at any time during tlte existence o(such �
<br /> _ default,irrespectiti�e of any temporary waiver of lhe s:ime.
<br /> ; These Presents,huw�evar,are upun ihe Cundition,That if the said Atuctgagor shull rep�y said luan un o�bcfore the ma�u�iry of said sLares by
<br /> paymenl;pay monthly to said ASSOCIATION of the sum speci(ied in the f3ond secured hereby as interest and principal on said loan,un or before
<br /> y �. the Twentieth day uf each and evrry munth,until said lu�n is Cully paid;p�y all tazes and assessments levied against said premises and un this!+lortgage
<br /> i anJ the Bond secured there6y,before delinyuency;(urnish approved insurance upon ihe buildin@s thereon in the sum of S 29�OOO.O,Q P�S�bI2
<br /> to said ASSOCIAT101:repay to said ASSOCIATIOK upon demand all muney by it paid tur such taxes,assessments and insumnce wllh interest a� �
<br /> ; the maximum legal rate thereon from date o(payment all of which�turtgagor hereby agrees to pay;permit nu waste on suiJ premises:keep and cumply
<br /> with all ihe agreemenis and conditions uC the Bond for S 29,�Q�.��lhis day given by the said Dlurtgagor w said ASSOCIATIOY,and comply
<br /> ` � with all thc cequircments uf lhe Constitution end I3y�Laws of said ASSOCIATION;ihen these presents shall become null and void,otherwise they
<br /> Y shall remain in full force and may be foreclosed at die opiiun uf�he said ASSOCIATION after lailure fur three munths to make any ul said
<br /> paymcnts ur be thrce months in unears in making said monthly paymen�s,ur tu keep and comply with the egrcemznts and conditions uf s�id Bund;
<br /> and�forigagur agrees to have a receiver appuinted(orthwith in such foreclosure proceedings.
<br /> - If tl�ere is any change in ownership of lhc rcal estate murtgagcd herein,by sale ur ulhenvisr,then the entirr remaining indebtedness hrreby
<br /> secured shall,at the option u(The Gyui��ble Building and Luan Assuciatiun of Grand lsland,Nebraska,become immediately due and payahle withuul
<br /> (unher notice,and lhe amuunt remaining due under said bond,and any other bund for any additional�dvances made thereunder,shall,Crom the
<br /> date of exercise ol'said optiun,bear inte�est at the maximum legal rale,and this murtgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and any other bund for additional advances,together with all sums paid by said The L'quitable Building and Loan Associatiun of Grand Island,
<br /> Nebraska Cm insurunce,taxes and assessments,and abstracting extension cliarges,with interest diereon, from date of payment at the maximum
<br /> Icgalrale.
<br /> As provided in lhe f3ond seared hereby,while this murtgage remains in effect the murtgagee may hereafter sdvance aJditional sums to the
<br /> ¢ makers u(said Bond,Iheir assigns or suceeswrs in interest,which sums shall be within ihe securiry o(this mortgage the same as the funJs originafly
<br /> sccured Ihereby,the total amounl oC principal debt not tu exceed at any time the oriynal amount of�his mortgage.
<br /> � n�i�a«,�s 25th a�y�r Jun e �.o..i� 76
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<br /> '�� , C-'G� > > i
<br /> t �o .'.M. Wil an, Jr. ! —
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<br /> STATG OF NBBRASKA,�Ss. On this 25th ���.�( June �
<br /> COUNTY OF HALL I) 76 ,6efore me,
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<br /> r the undersigned,a Notary Public in and for said County,personally came .
<br /> John M. Willman, Jr., a single person, µ,��� 15 personallyknownto N~�•�
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<br /> me to be the identical pBrsort�, �a��rwho�e name l S aifixed ro tl�e a6ove instrumcnt as mortgagor ��� he 6101"��h' �
<br />� acknowleJged the sgTd'1nst7urti4nl,'to•bt'�;�,t.l�S vuluntary act and deed. _ I� �'
<br /> :Q'J}vP$5 my han�and,N�/�,j�al Seal d�e date a(orezaid. / i � � -
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