|
;^� `
<br /> . ; ,��,
<br /> T. �
<br />� �__.
<br />� �6'«��38��J
<br /> MORTGAGL•
<br /> !�t01tTC;AG1�:LOAN N0. L 22� 4..��_
<br /> KNON'ALL�fGNBY'Itll;SfiPItGSl:NTS:That Gerald E. Kelley and Louise A. Kelley, each in his
<br /> � r
<br /> and her own right and as spouse of each other, Ma�gagor,whethetoneormore,inconsiderntionofthesumof
<br /> Six Thousand and No/100------------------------------------------------------------�oL�,�t�s
<br /> - loaned�o sxid mortgagor by Thc Gyuitablc 13uiWing and Lusn Asx�ciatiun of Grand Island,Ne6raska,Afortgagee,upon 6� sLares of stock uf
<br /> said ASSOCIATION.Certifcate No.L ZZ�24� ,du�iercby granl,cuncey and mortgage unW the s�id ASSOCIATION lhe iollowing
<br /> . Jescribed real estatc,situated in llall County,NeUraska:
<br /> ' LOT FORTY EIGHT (48) IN RAVEN4JOOD SUBDIVISION,
<br /> IN THE SOUTH HALF OF THE SOUTHEAST QUARTER (S�-,SE;)
<br /> SECTION THIRTEEN (13), TOWNSHIP ELEVEN (11) NORTH,
<br /> RANGE NINE (9) WEST OF THE 6TH P.hi., HALL COUNTY, NEBR.
<br /> r
<br /> �
<br /> together with all the tenemen�s,hercditaments�nd appurten�nres[hercunto belonging,including attached 17our cuverings,all winduµ�streens,
<br /> � window shadcs,blinds,sto�m winduws,;�wnings,heating,au wnditiuning,and plumbing�nd water eyuipmznt and uccessories theretu,pumps,stuves,
<br /> � refrigerators,and other fistwes and equipment nuw or hereafter�ttached tu or used in cunnection wiih said real est�te.
<br /> " And whereas the said murteagor has agrced and dues hercby agree that the mortcaeor shall and will pay all taxes and assessmenls le�ied or �
<br /> � assessed upon said premius anJ upun this mong�ge�nti the bond secure�}.tl e e v b fore the same shall beeome drlinquent;to furnish approved
<br /> insuranca upon thc buildings un s:aid prcmises situated in thc sum o(S O r bb�:oS pavable to said ASSOCIATION and to deGver to s�id
<br /> , ASSO(:IATIO\the policies for said insurance:and not to cummit ur permit any waste on or nbuut said premises;
<br /> In cas.o(deCault in�hr per(mm�nce of any of thr terms and conditions of this mongage or[he bund secured hereby,the mortgagee shall,
<br /> t; on demund,bc entitled tu immediate pussession of Ihr mongagcd premises and the murtgagur hereby assigns, transfers and sets over to the
<br /> � mortgagee ell thc rents,revenues and inwme to be derived irom ihc mungaged premiszs durinc such time as the mort¢age indebtedness shall remain
<br /> � unpaid:and the mortgaFcc shall hace the puwcr tu appuint am�agent ur agents it m�y desire Por thc purpuse of repairing said premises ard renting
<br /> the same anJ cullecting the rents,revenues and income,�nd ii may pay out of s�id incume all e�penses oC repairing said premises anJ necessary
<br /> � cmnmissiuns and expenses incurred in reming and man�ging thc s�mr�nd uf collecting ren�als them(rom; dte bslana remaining,i(an}•,tu be
<br /> ?. � applied tuu'ard thr discharge uf said morteage indebtedness;these riehts of the murtgagee may be exercised at any time during the existence o�such
<br /> d�fault,irrespectire of any temporarv wairer u(the same.
<br /> � Thcx Presents.hou�evtr.are upon the Condition.That i(the said�lurtgagor shall repay said loun un or before�he tnaturity of said shares by
<br /> "t ��� P�7'�nent:pay monthly to said ASSOCIATIO�of thc sum speciGed in Oie 13und secured hereby as interes�snd principxl on suid loun,on or befoce
<br /> i � �he TN'anticth dsy o(each and evcr}�month,untd said luan is lull}'paid:pa}'ull tazes and assessmcnts levied agxinst said p�cmises and on this lfurtgage
<br /> c' and the Bond secured thereby,belure drlinyuency;furnish appruved insu�ance upun the buildines thereun in Uie sum of S �i����.�� p�yable .
<br /> t � eu said ASSOCIA7lOV:rep�y tu safd:1SSOCI,17'10\up�m demand all muney by it paid fnr such taxes,assessmenu and insur�nce with interest at
<br /> the maximum Iccel rate thereon Gom Jate uf pa��ment all of�s'hich Vurteagor he�eby agrees to p�y:permit nu waste on taid premises:keep and comply
<br /> � with�II ihe agreements and conditiuns of the Rund for S 6,OOO.00 this day given by the said 9fongagur to s:�id ASS(KIATI01,and cumply
<br /> �vi�h all thc requirements u(the Cuns�itwion and By�La+vs of said ASSO('L�TIO\:d�en these przsents sltall be�•ume null and void,utherwise they
<br /> sh�ll rcmain in full furce and rnuy be fureclosed a�the upti�ro o(�he said ASSOCIATION after lailure lor threr months to make any uf said
<br /> payments ur be three munths in arre�rs in making said monthly p�yments,ur tu Aecp and mtttply H'idi the agrecments snd cunditions ut s�id[iond;
<br /> and Aturtgagor acrets tu havc a tecci��cr appointed forthµ'ith in sudi furedusure procredings.
<br /> IC there is any chanNa in uwne�ship uf ihe�eal estaic mo�tgagcd herein,by sale ur othcrn�ise,thcn the entirc remaining indebtedness hereby
<br /> .ecured shall,at ihe optiun of The Equitable Building and Luan Association of Grand Island,Nebraska,bewme immediately due and payable without
<br /> �� (urthrr nutice,and the amount rcmainine duc under said bund,and an}•uther bond for any additional advances made thereunder,shall,from the
<br /> ` date of excreise uf said option,bc�r intarest�t the maximum Icgal rate,and this murtEage may thzn be foreclosed to satisfy the amount due on said
<br /> i bond,and any o�her bond for additiunal advances,together with all sums paid by said The Gyuitnble Building and Loan Associalion u(Grand IslanJ,
<br /> � Nebraska for insurance,taxes and asussments,and abstracting ex�ension ch�rges,witl� inteast thercon, from date of payment at the maximum
<br /> � legalrate.
<br /> ���� � As pro��ided in the Bond secured hereby,while this morigage remains in e(fect the moqgagee may hereafter adcance additional sums ro the
<br /> � makers uf saiJ Uund,iheir assigns or succeswrs in inlerst,which sums shall be within the xcurity of Hiis mortgage the same as the funds ariginally
<br /> xcured thereby.Ihe tot�l amount uf principnl debt not ro exceed at any time�he original amount ol this mongage.
<br /> � ����a�i,�s 14t� ��y.�i July ,�.o.,i� 76
<br /> t �� / u_.,< ,,!�/ <L Y� , ;'�! /;7:_
<br /> Gerald E. Kelley ��— Louise A. Kelley ,,
<br /> STATE OP N[BkASIC�, u pn this �4th da��of Ju1y 19 J( ,before me,
<br /> COUNTY OF HALL� i . .
<br /> thc undcrsianed,a Nutary Public in and(or said County,perumaliq wme � "�;--�-jc-i;���
<br /> Gerald E. Kelley and Louise A. Kelley, each in his and her own right and as spouse o� �± =
<br /> eac,t�.�s#q .�, ���hu are , personally nownto ? '
<br /> �r� �
<br /> L rpC'��o hathL 1��r�p� �rson S uhose namo 5 dP2 a(fixed to the above instrument as mortgagor S �nd they severally ,�
<br /> :��ck�qwleJgal the;r�ld in ument to be thei r voluntap�act and deed. �`� � �
<br /> tLl
<br />� 1Y1�[ld1iS my hand and tiotarial5cal the date aforesaid. S!}
<br /> �`f .i.i
<br />"'�t� � � :::I;h1N Goh1t ssion cxpires��, / � 1�� . '�'�. 'i;—�
<br />� , e �'}•,� , �,\-1--"t
<br /> � : ,•; �,� �
<br /> 4� • .. : \otarvVublic
<br />�y,,�. 6��.?M7�7,'�u_'7 31.�,c,��. I
<br />`� � '.9��.rA....•,�,* �.
<br /> ti� ..i�f_'�' .
<br /> �>� �
<br />:`� `
<br />':6
<br />_,�
<br /> f
<br /> t
<br /> R
<br />
|