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<br /> ---- -�--�-_----- 910ItTGAGE l.OAN NO.�___�EZ3�_
<br /> , � htvo�ti'AI.LMIiNUYTHL:SI3PRPSf:N7S:That Gerald R. Rugg and Ruth E. Rugg, each in his and her own
<br /> right and as Sp0U50 of each other, Mongagor,whc�heroneurmore,inconsideratiunofthcsumoP
<br /> Nine Thousand Five Hundred and Np1100----------------__A=-------------------_i�ou,n�is
<br /> loaued to saiJ rourtgagor by The Iiquitable 13uilJing and Luun Asociution uf Craud IslanJ,Nebras}:a,Alurtgugee,upu❑ g5 shares of stock of
<br /> saiJ ASSOCIATION,Certificate No.L 2ZZ3O .du he[cby tirant, conrcy :mJ murtgage w�N thu saiA ASSOCIA170N lhe fnlluwing .
<br /> described real eata�e,situated in Ilull Cuunty,Ncbrask;c
<br /> LOT FOUR (4) IN 4LOCK SIXTY EIGHT (68) IN
<br /> WNEELER & DENNETT'S SECOND ADDITION TO TNE CITY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> loge�her with �Il the ienements,he«ditaments anJ appurtenances ihereuntu 6clunging,incluJing attached tloor co�tirings,all window screens, �� .
<br /> N'If1/IOW SI18(ICS�blinds.sturm winduws,awniogs,hea�in�;,:u�cunditioning,anJ plumbing and w:�terequipntent and accessuries theretu,pumps.stoces,
<br /> �e(rigcrators,aud wher lixnnes and cyuipmcnt nu�+�ur hercaltcr auachcd to or uscd in cunne.tiun with said ical cstatc. �
<br /> � ` AnJ 11'IICICJS lI1C SJIII OIOlIf86Uf IIJS:l�ll`l`lI 3111I lIOCS I1Cfl`b)':IE(Cl'that thc moitgagor shall and will pay all�ascs and asxasmrnts Icviod ur �
<br /> assessed upnn said premises and upun this mortg:ige nnd Ihe bund secwed thereby befure the same sliall becume delinquent;w ftirnish appmved
<br /> .. insur�nc.upon the b���ia���F:�,�,t��a��.�»���5�����«a���d,�5��„��,r s 9 500.�� p�>';�61e to said ASSOCIATION anJ w deliver tu said .
<br /> ASSOCIATION II1C�lOIiIIC$�UI$JIII IIISUf811CC:BpII IIOI�0 C01711711�U��1L'IO11I 817V WBSIC 011 Of JI)011l said premiscs;
<br /> ln case uf de(ault in tlic perlurmance uf'a�p�of the tenns and cunditinns of this mm�gage or Ihc bund secured here�y,die mortgagee shall,
<br /> . un demand,Lc en�i�led io inmicdiatc pusscssion uf the nwrtgagcd prcmises anJ the murtgaEur hereby a�signs. transfcrs and sets ocer W the
<br /> � murtgagec nll the�en�s,revenues and income�o be Jerived Gum the mungaced premises during such time�s the nwrtguge indehtedness sLall remnin
<br /> y '� unpaid:and the murtgagec sh�ll h;rve the power to:ippuin�anV�gcnt or agenls i� tnay dcsiic fur lhc purpose o(repairing said premises und rculing .
<br /> x : Ihe same�nd collec�ing the rems.icvenucs and incume,and it may pay out ol'vid incume all eapenses uC«pairing said premises and nccessaq.
<br /> cummiesiuns and exprnses incuired in renting anJ managing ihe:�me anJ uf collectinc rentalx therofrum:the balunce rcmaining,il'uny,tu be �
<br /> � applied tuv:ard�he discharge of said murtEage indebtedness:theu riglns uf ihe murtgugee may be escreised st�m�time during the exislence of such
<br /> � de(ault.irrespec�iee of any teinpurap�waicer uf the same. .
<br /> ���iCSI•��(CSCiII).�I�\\'l•\'L'1��Il`IIF)t)il(Ill'�l)IllI1l1U11.I Il:lf I�flll`):11��II�II�!J�;U!YItiII IC�t:I\'1:IIl�It1Jf1 11i1 UI hl'IUfI`LI1C III:IIUIIIY U�S811I Sll:l[L•S Il)'
<br /> . p�ymcnt:pay nwnthly to said ASSOCIATIO�n(thr sum speciiicd in�hc llund sccurcd hc«by as intcrest and principal on said luan,un or bcfnrc
<br /> dic'Cwen�ieth daq uf cach�IIIII CYl'f\'IIlUf11IL 111111I SJI(I Illfil IS�l1II\'�l�l(I:�18V:III I;IXCS ei1ll J)SCSf7111'i71S IC{7C/I8��11151 S:IIfI�lfl'11161`5 3I11I UI7 1I11S A�O11��60
<br /> i �� and�he[3ond secured�hercby,t�rfo�e delinyucncy:�u�nish apprmrd insur.mre upon ehe buildings theieun in the sum u(5 9�5��.Q� Payable
<br /> � '. «�vrid�SSOCLITIO\:iepay in uid AStiOCIA'1'10`upon drmand all nwnev by h p:iid lur such taxes,assessments and insurunce with in�erest ut �
<br /> ihc m�rimum legal r,i�r�hc�cun fnmi da�e u�papmcm:dl of which AtungaFun c�reby ap�ccs tu pay;pennil nu waste un s:iid prcmises:kecp and cmnply
<br /> N'IIII JII II1C e�'il'l'I➢l'i11S�I7(I l'011IIlUU11S UI Illl'IIUI1lI(Uf S g �OO.OO this day givcn bv thc saiJ�tuttgagur lu��id ASSOCIAl10N,and tuntply
<br /> �. wi�h all the reyuiiemems of the Cunstitulion and Ilpd.;��cs uj�said ASSOCIA7'IOti:then tl�ese presents shall become null and ruid,utherwise they
<br /> �h:dl remain in lull furce and may be limduxd at Ihe up�iun ul the said ASS(H:IA7lON a(ter failure for Ihree nwnihs Io make�ny ul'said
<br /> paymcnts o�bc Ihrec I1NI1II19 III Jlfl'JIS III III:IAIII�;SJIII IIlUI11IlI1'�)8}'111Ci11).Uf IU F:l'f�)dI1tI CDI77�tI)'N7�Il lI1L'J�;ICCIIII`I1(5 8111I L'UIIlI111Ut15 UI S:111I IIOfIII:
<br /> anJ�forlgagor agrees to havc a receivcr appuintcd li�rthu•ith in such lureclosurc prucecdings.
<br /> � II there IS JfIV 1I18I1F2 Itl U\4'11CISI11�1�lI�IiC fl'JI CSl:lll'IIIOf1�J�;CII IICfC�O�by sale m otheraise.Qicn the entire remaining indebtcdness luteby
<br /> � 1l'CUfI'�5�18���:Il I�II`t/�111U11 U��T�IC�'.1�11118�1�C Uuilding anJ Luan Aswciation uf(;rand Isl�nd.;�ebraska.becunie imme�iatel}'l�l1C➢II(���}'a�7�C WII�IOUI
<br /> � �II11fICf IlUfll't,JII�1�1L`Jllltlll111 (l•Iltillllfl�'�IIC llll(�l'f S:iIII IIUfIII.�I1lI�II)'�llll`I�OII��11f:10)'�l�lI1lIU179I BIIYJiII'C5111:1(IC lllflTllllllCf.TIIIlII��fUlll lhC
<br /> 119IC l/�l'TCfI'ISl'U�5811�J�l�lltll,�L•�I IIIICII`Sl il�IIIC III:ICIIlll1IT1 Il'(;JI IJII'.:IIIII�IIIS IIIUII�;ilj;l'I11JV l�7C11�tl`�OICI'IOSC(I!U YIIIS�Y IIlC 8I71UlIfi�(IUC clfl 1011I
<br /> bond,and any othrr bond fur aJdilional aJvances,together wi�h all swns paid b�•soid The I:yuilable Huilding and Luan Asmciatiun of Grund IslanJ.
<br /> Nt'hf�SR�IOf IIISUf�lll'l`,l�\CS JIIII BSSI'SSII1CI115.9I1(I�I151f81'llll�;l'X(l'flSl�ll L'IIJfACS.14'IIII int.rest Ihcrcon,from date of p;�yment ut the maximum
<br /> . �l'F:1�f:IIC.
<br /> As p�u�•iJe�in l�ll'��Ill�SCCUfC/��ICIC�)'.1V�II�I'this mu�tFagc rcivains in cfli•c.thc mortgugcc�nuy hcreaftcr ad�•ancc addi�ional sums to thc
<br /> � makera uf said liond.lhcir assigns or successors in inte�cri.which sums shall be w�i�hin Ihe security uf lhis murtgage the same as the funds urigin�lly
<br /> . ucu�,J ihcreby,thc lot;d amnunl uf principal dcbi iwt tu excccJ al any timc the original amuunt of this mortgngc.
<br /> / Y�t 2a u,�� ) e:�>�,r July ,�.i�..i�� 76 -�
<br /> � �,, ' /1 -�� �-� � � _ --
<br /> ; � ��� — ��� � � �
<br /> G¢rdld R./RUgg ���/ RL'th E. Rugg :'g�
<br /> STATL'OF NIiURASKA,
<br /> r �� ss. (hithis 2nd �l�yuf �U�,y 1976 ,beforeme,
<br /> COUNTY OP FL1LL} �
<br /> Gerald R. Ru and Ruth E. Ru ���•`"�"';�""�,"x"c�i��'an�d�as�s�ouse ofi'�ac�"����y`an" '
<br /> gg gg, each i n hi s an� �ier bwn rig p
<br /> N i.
<br /> other, .,, «'���� dre persunallykirowntu y �
<br /> Ir
<br /> mc to bc Ihe idcmicef��xfnS C� �'q{tusc namr5 dP2 ���1%l'(I lOIFIC BLUVC IIISIIIINCI1l'JS IllOfl�ll�{Uf 5 and they xvemlly I �
<br /> acknuwled�ed II1CS.itt1 ipsrtuipe��l tv��e�3�he i r vuluntaq•acl;md deed. t�
<br />`� �=,\�'ITNrSS my,haKd'u�t(�''p IJJI SC�I(IIC lI]ll'afuresaid. /�� � .
<br /> 11 C nnmission cx iris ' iI � �'��(�, � / l" //� -. .
<br /> a Y P ���C � � — J.l.:G_�G'"JiZ1Q-� �_V�lit G-G y_
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<br /> Nut�q•f'ublic
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