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<br /> MORTGAGE
<br /> n�o�iTcnci;LonN No. L 22,073
<br /> KNOW ALL MGN DY TIIESE PRBSGNTS:Ttmt Troy L. Berkey, a si ngl e person,
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<br /> Mortgagor,whether one or more,in consideration of the sum of
<br /> � Eleven Thousand Six Hundred and No/100--------------------------------------------noi[.nas
<br /> loaned to said mortgagor by The Bquilnble Duilding and I.oan Association o(Crand lsland,Nebraska,Atortgagee,upon 116 shares uf stock of
<br /> said ASSOCIATION,Certificate No.L 22,��3 ,Jo hereby grant,convey and mor[gage unro the said ASSO('IATION the following
<br /> described real estate,situated in Hall Couaty,Nebraska: .�
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<br /> THE NORTH SIXTY ONE AND FOUR TENTHS FEET
<br /> (61.4') OF LOT TEN (10), IN BLOCK ONE (1),
<br /> GILBERT'S ADDITION TO THE CITY OF GRAND
<br /> ISLAND, HALL COUNTY, NEBRASKA.
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<br /> T��� �ogether with all the tenements,heredimmenls and appurtenanres thereunto belonging,including attached Ooor coverings,all window xreens, -
<br /> window shades,blinJs,storm windows,awnings,heating,air cunditioning,and plwnbing and water eyuipment and accessuries thereto,pumps,stores, �
<br /> re(rigerators,and other fixtures and equipment now or hereafter attached to m ured in connectiun wilh said real estate.
<br /> And whercas the said morlgagor has agreed and does liereby agree d�al lhe mortgagor shall and will pay xll taxes and assessments levied or
<br /> assessed upon said premises and upon this mor[gage and the bond secuced thereby beforc Ihe same shall bewme delinquenl;to fumi:h approved
<br /> insurance upun the buildings on said premises situateJ in the smn ot S�� 6QQ.QQ payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATION the policies for said insurance;and not to cnmmit or permit any waste on or about said premises;
<br /> In case of default in the performance oC any uf the terms and condilions ot[his mor�gage or the bond secured hereby,the mortgagre shall,
<br /> on demand,be entitled to immediate possession of tht mortgaged premiscs and the r.�ortgagor hereby aseigns, transfers and sets over to the �
<br /> moetgagee all the rents,revenues end income to be derived from the morigaged premises during such lime as the murtgage indebudness shall remau� �
<br /> unpaid;and the mongagee shall have Ihe power to appoint any a@ent or:�gents it may desire for[he purpose of rcpairing said premises and renting
<br /> the same and collecting the renis,revenues and income,and it may pay uu� of said incume all expenzes o(repairing said premiset and ne�xssary �
<br /> commissions and expenses incurred in renting and managing the same and of co0ecting ren�als therefrom;die balance remaining,if any,lo be
<br /> - applied toward the discharge of said mortguge indebtedness;thesc rights of the nmrtgagee may be exercised at anp time during the existence oC such
<br /> _ de(ault,irrespective of any temporary waiver oC the same.
<br /> �����- These Presents,however,are upon the Condition,That if the said Alor�gagor shall repay said loan un or before the maturiry o(sxid shares by
<br /> payment;pay munthly tn said ASSOCIATION of the swn specified in�he 6und secured hereby as interest and principal on said loan,on or betore
<br /> the Twentietti day of each and every month,until uid loan is(ully paid;pay all taxes:u�d assessments levied aguinsl snid premises and on this!�furtgage
<br /> and the Bond ucured thereby,befurc delinquency;furnish approved insurance upun the buildings thereun in tl�e sum of S �� �6��.�� payable
<br /> to said ASSOCIATION;repay�u said ASSOCIATION upon demand all money by it paid fur such taxes,assessments and insurance with interest at ,
<br /> � the maximmn legal raie thereun frum date of payment all of which pturtgagor hrreby agrees m pay:permit no wa�te on said premises;Aeep and comply
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<br /> with all the agreemrms and conditions u(�he Bond fo�S 11�6��.��this day given by the said�turtgagur to said ASSOCIATION,and comply
<br /> 'i with all the rcyuirements uf the Constitution and Uy-Laws oC said ASSOCIA'fION;then these presants sh�ll becume null and ruid,utherw•ise they
<br /> shall remain in full ibrce anJ may be forecluxd xt the optiun u(�he said ASSOCIATION after 1'ailure for three munUu tu make any o(said
<br /> peyments or be threc momhs in errears in making said montldy payments,ur tu keep mid cumply widi the�grcements and conditiuns of said Bond;
<br /> and Murtgngur�grees ro hact a rcceiver appuinted(orthwith in such furcclusure pruaedings.
<br /> If there is any change in owne�ship u(ihe rc�l estale mortgaged hemin,by sale ur othenvise,then the entire remaining indebtedne�s hereby
<br /> S secured:hall,at the option of The Equi�able Building and L.oan Association o(Crand Island,:�ebraskn,become immediately due and payable without
<br /> furiher nutice,and the amount rcmeining Jue under s:�id bund,and any other bund for any additional ad�ances rtude thereunder,shall,f'rum the
<br /> j�- � date of exercise u(said option,bcar interest at the maximum legal�ate,and diis murtgage may then be(oreclosed to satis(y the amuun[due on said
<br /> bond,and any ud�er bond(or additional advance.,tugether with all sums paid by said The Equitable Building and Luan Association of Grand Island,
<br /> ' Nebraska(or insurance,taxes and assessmrnts,:�nd abstracting extensiun charges,wiqi interast thereon,trom dutr of payment at the masimwn
<br /> legal ra�e.
<br /> As proviJed in the Dond secured hrreby,while diis murtgage remains in ef(ect the murtgagee may t�ereaf[er advance additional smns to the
<br /> �. makers uf said Bond,their assigns ur successors in interest,which sums shall be within the security o(t}�is mongege the same ns the Cunds uriginally
<br /> �- secured thereby,lhe total amount of principal debt not to exceed xt any time tl�e original amount of!liis mortgage.
<br /> n��ea�i��5 15th aay�r Apri 1 ,,�.� �/ . �
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<br /> � Troy . Berkey �
<br /> r STATE OF NEDRASKA, ss. On this �5th day o( Apri 1 1I �6 ,bcfore me,
<br /> -COUNTY OF HALL} ; �
<br /> the undersigned,a Notary Public in and(o�said Counry,perwn;+lly came � � �:�
<br /> Troy L. Berkey, a single person, � ''
<br /> ��'��� 1 S perwnxlly knuw•n to N:��`Y��
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<br /> me to be the identiwl person whose natne 1 S affixed to the above instr ent as mortgagor and he sewca�ly
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<br />�, __ .acknowledged tLe said.instrumant to 6e hj S voluntary acl and deed. -', 1`� �
<br /> � � ' ��WI7NESSmy hand and Notarial Se�l the dale afores:�id. /'� /1 �� �� `
<br />� Aty Commiss6on expircs j� i�G �� `�
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