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<br /> MORTCAGE
<br /> MORTCACGLOANN0.�2,z29 MGIC
<br /> , � KNOW ALL AfL'N BY TtIISE PRGStiNTS:That Charl ene D. Saddori s and Wi 11 i am A. Saddori s,
<br /> her hus band Mortgngor,whetlier one or more,in consideration of the sum of
<br /> , Twelve Thousand and No/ 100 -------------------------------------------------------Do�Lnas .
<br /> J loaned lo said modgagor by The L'yuitable Duildin and Loan Association o(Grand Island,Nebraska,Mortgagee,upon LZO shxces of srock of
<br /> said ASSOCIATION,Certificate No.L 22�22� MGI C,du hereby gwnt,convey and ntor[gnge unto the said ASSOCIATION the fultowing � �
<br /> � described rexl estate,situated in Hall Counry,Nebraska:
<br /> � i
<br /> �,��i�. � . . � .
<br /> _'..",� � . . � . .
<br /> LOT ONE (1), IN BLOCK ONE HUNDRED
<br /> FORTY-SIX (146), IN UNION PACIFIC
<br /> RAILWAY COMPANY'S SECOND ADDITION
<br /> :`_� � �� ��
<br /> TO THE CITY OF GRAND ISLAND,
<br /> � NEBRASKA.
<br /> :.{
<br /> tugether with all Ihe tenementt,hereditaments and:�ppurtenances thereunlo belonging,inciuding attached f7oor cuverings,;ill window screens, �, . �
<br /> window shades,blinds,storm winduws,awnings,heating,air cunditioning,and plumbing and water equipment and accessories Ihere[o,pumps,stovos, . . . . .
<br /> reGigerators,and other fixmres and equipment nuw or hereafter attached to or used in connection with said reat estate. , � � �
<br /> And�vheceas the said mortgagor has aereed and does hereby agree that lhe morigagor shall and will pay all taxes and assessments levied or . � , � �
<br /> assessed upon mid premises and upon this morlgage and thc bond secured thereby 6efore dte same shall become delinquenr,to furnish approved
<br /> � insurance upon ihe buildings on said premises siWated in the sum o(S 1Z����.�� payable tu said ASSOCIATION and to delirer to said � � � � ,
<br /> ��i ASSOCIATION lhe polieies(ur said insurance;and not tu commit ur permit any waste on or abuut said p�emises; . � �. � � �
<br /> �� In case of de(ault in the performance oC any of[he terms and conditions of tttis mortgage or the bond secured hereby,the mor�gagee shall, � � . �
<br /> ? on demand.be entitled to immediate possession oF ti�e mortgaged premises and the murtgagor hereby aesigns, transfecs and sets over to the . .
<br /> mortgagee ail the rents,revenues and income to be derived from the morigaged premises during such time as the murtguge indebtedness shall remain _ . � �
<br /> unpsid;and the morigagce shall have the power tu appoinl any agent m agents it may desire for the purpose oi repairing said premises and renting , � �
<br /> the same and collecting the rents,rexenues and incume,and it may pay uut of said income all expenses of repairing said premises xnd necessary � � � � .
<br /> commiszions and expenses incurrcd in renting and managing the same snd o(collecting rentals theref�om;the balance remaining,i(any,to be � . . -
<br /> applied toward the discharge of said mortgage indebtedness;these rights o(the mortgagee may be cxercised at any time during the txistence of such . �
<br /> default,irrespective of any temporary waiver of the same. � . � ��
<br /> Thcse Presents,however,are upun thc Condition,That if the said Ttortgagur shall repay s�id luan on ur 6e(ore the matu�ity oC said�Itares by . �.
<br /> paymene;pay monthly to said ASSOCIATIOT ot Ihe sum spccified in the Bond securcd hereby as interest and principal on suid loan,on or before � � �
<br /> the T�+'entieth day o(each�nd evep�month.until said loan is fully p�id;pay all taxes and assessmenls levied against said premises and on diis�tortgage . � � .
<br /> and the Bond secured thereby,before delinquency;ibmish approved insurance upon the buildings thereon in the sum of 51 2�000.�p Payable �� � � �
<br /> � to s�id ASSOCIATION;repay to said ASSOCIA710'�upun demand all money 6y it paid lor such taxes',assessments and uuurance with incerest at ; �
<br /> � the maximum legal rate thereun from date o(payment all of which Atongagur hereby agrees to pay:permil w waste on said premises;keep and comply � � � . . .
<br /> with all the agreemcnts and conditions u(the Bund Cur 5 12 r���•00 t�ils dxy given by the said�furtg�gor to s:iid ASSOCIATION,and wmply
<br /> with all the�ey�i�ements of the CunstiWtion and By-Laws of said ASSOCIATION;lhen these presznts ehall becomr null and vuid,uthe�vise they �. � . � �
<br /> '. shall remain in (ull furce anJ may be forecloseJ at thr option of the said ASSOCIATION a(ter Cailure (or throe months to malce any o(said ��
<br /> payments uc be three momhs in arrears in makinb said munthly payrnenis,oe tu kecp and comply with the agreements and conditions of said l3ond;
<br /> ���� and Morigugor agrees tu have a rcceiver appointed furthwith in such foreclusure proceedings. �
<br /> If therc is any change in ownership nC the real eslate mortgaged herein,6y sale or uthcrwiu,then the entire remaining indebtedness hereby
<br /> � secured shall,al the optiun of The Lquitabie 13uilding anJ Loan Associalion of Grand Island,Neb�aska,become immediately due and payabla without
<br /> � (urther nutice,and thc amount remaining�duc undcr mid bond,and any ulher bond fur any additional advantts made thereunder,shall,f'rom d�e
<br /> date of exercise oC said option,bear interest n�the msximum legal rate,and this murtgage may then be forccloxd to sntis(y the amount Jue on said
<br /> bond,and any other bund fur additional advances,together with all sums paid by s:iid The Equitable Building and Loan Association ol'G�and Island,
<br /> - Nebraska(or insurance,taxrs and assessments,and ebstrac�ing extensiun charges,with intercst thereon, from date of payment a[the ma.uimum
<br /> � legal�ale.
<br /> As proviJed in the Uond secured hereby,while ihis morlgage remains in effect the murtgagee may heceafter advance additional sums to the
<br /> makers uf said Elond,lheir assigns or successurs in intercst,which sums shall bc within the security of this mortgage tlte same as the funds originally
<br /> secured thcreby,thc total amount of principal debt not to exceed at any time the urigy'nal amount of this mortgage.
<br /> Dated this 6th/7 s°Y %� July +.��..t� 76
<br /> ��.//„��. L_' 1�����r.
<br /> Cha le D. Saddoris
<br /> 'Wfl �am . Sa dri
<br /> STATE OF NEBRASKA,�� On this 6th day of J ul y 19 76 ,beCore me,
<br /> COUNTY OP tlALL ( r ;
<br /> - Ihe undersigned,a Notary Public in and(or said County,parsonally came ., �'"-.,..,eG�"j,,. �
<br /> ' Charle�-B�r�Sad ' an�'W��'liam A. Saddoris, her husband : a t�
<br /> ' G whu dre personally known to �
<br /> lme�o be tlx idec�`�i�gE.�RR�a�Fe name S are aCfixed w the a6ove instrument as mortgngor S and they se�erully •
<br /> acknowledged e��jtallumen�{6�1{��el r votunWry act and deed. �`'��`I_�
<br /> ���'f�'NE3STfi�h�nd,artd N rial Seal t6e date atbresaid. � }�
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