|
. w�
<br />`�� � �
<br /> 76- DU413Ei
<br /> n�ortTcncc
<br /> ��okrcnr,E LOA`7 K0.I. ZZ,265
<br /> � }:NOWALLAfENDl'TIiESGPRLSL'NTS:That Harold G. Arehart and Oneta Arehart, each in his and
<br /> her own right and as spouse of each other,
<br /> �lortgagor,whc�her one or more,in consiJuallon uf the sum o(
<br /> ` Thirty-eight Thousand and No/100---------------------------------------------------��cAtts
<br /> loaned to said mor.gagor by The Gquitable Huiiding and Loan Association of Grand leland.Nebraska,Afurtgagee,upon 380 shares o(stock of
<br /> said ASSOCIATION,Certificate No.L 22,265 ,do hereby grant,convey and mortgage untu the said ASSOCIATION the following
<br /> described maI estatc,situated in flall County,Nebraska:
<br /> LOT iWENTY (20) CAPITAL HEIGHTS
<br /> SEVENTH SUBDIVISION, HALL COUNTY,
<br /> NEBRASKA.
<br /> Wgether with al1 the tenements,heredit�mems and eppurtenances thercunto belonging,including attached ilour coverings,all window screms, �
<br /> window sliades,blinds,storm windows,awnings,I�e;�ting,air cunditioning,and plumbing and water eyuipment and accessoris themto,pumps,stoves, � � � �
<br /> refriecrators,aitd other fixtures anJ cquipment now m hereafter a�tached to or used in connection u i�h said real estate.
<br /> AnJ wtiereas thc said mongacor has acrccd and dues lic�cby agrec tliat thc murtgaeur shall and will pay all taxes and assessments Icvied or
<br /> assesud upun said premixs and upan this mor�g�ge and the bond secured thereby befine the same shall become delinquent;to(urnish app�uved � �
<br /> insurance upou Ihe buildin¢s on said premises situated in the sum uf S 38 OO �O Payable W said ASSOCIATION and to deli�er ro said � ' .. �
<br /> ASSOCIATION Ihc pulicies(or saiJ insurance;and nw to commit or pe�m�PanyQvus'[e on cr aboul said prcmises:
<br /> hi case uf de(ault in the performance of any of the terms and cunditions uf this mortgage m the boud securcd hereby,the murtgagee shall, �
<br /> on demand,bc entitled to immcdiatc posussion of ihe mortg�ged premises and thc mortgagor hereby auiens, transfers and sets over to the
<br /> mortgagee all lhe rcuts,rcvenucs and income to be dericed tiom the nwrigaeed premises during such time as ttie mortgage indebtedness shall remain � �
<br /> unpaid;and thc morigagcc sltall Itavc the prnrcr tn appoint any agcnt or agents il tnay dcsirc(or the purpose of repairing said premiscs and rcnting
<br /> � the same and cullecting ihr renis,revenues and income,and it may pa��out of said income all expenses o(repairing said premises and necesvry � �
<br /> cummissions and espenses incurred in renting and managing the same anJ of collecting rentals therefrom:the balance remaining,if any,to be
<br /> ., applied loward the Jisclmrgc of said mor�gage indeb�edness;these rights uf the mortgager may be exercised at any time during tiie existence o(sueh
<br /> default,irrespcctive nf any tcmpnran•waiver of thc tame.
<br /> These Presents,huw•crer,are upun the Condition,That if the said 1lortgagor shall«pay said loan on or befu�c the mawriry of said shzros by �
<br /> paymenL pay munthly to said ASSOCIe\TIO\of the sum specified in the ftond secured hereby as inucest and principal on said loan,un ur befure
<br /> !he Twentieth day u(cach and every month,until said luan is(ully paid;pay all�ases and assessments levied against said premises and on d�is Alortgage .
<br /> and the Uond ucured thereby,bc(ore dclinyucnc}�;(umish approacd insurance upon thc buildines thc�eon in the sum o(S 3H�0��.�� payabk .
<br /> to said ASSO('IATIOV:repay tu said ASSOCIATIO\upon demand all muney by it paid Cur such tases,assessments and insurance aith intemst at � � .
<br /> the maximum Iegal rate ihereon Gum date u(payment all uf which lforigagur hereby agrces tu pay;pennit no waste on said premises;keep and comply � �
<br /> with all ihe agrecments and cnnditions ol'ihe�und for S 3H OOO.00 �his day gicen by the said\tortgagur to said ASSOCIATIOV,and comply
<br /> ' with all the�cyuicemcnts u(the Conslitulion and DyLaws ol'said ASSCICIATIO'J;then these presenls shall become null and vuid,otherwise they
<br /> - shall remain in full furce and may be foreclosed at the uptiun o(�I�e said ASSOCIATION afrer failure (ur three months tu mak:any of said
<br /> payments or be thtee munths in arrcars in m�king said monthly paymeNs,ur w kcep and mmply w•iqi the agrecments and wnditiuns o(said f1und:
<br /> and Atort�ugur agrees to ha��c a recei��er appuinted forth��•ith in such(orecloswe proceedings.
<br /> If tlicre is am�change in ownership of the rcal estate mortgxgcd hercin,b��ssle m othenvise,then the entire remainins indebtedness hercby
<br /> secured shall,al the uptiun of Tl�e L'quitable 6uilding and Loan Aswciation uf G�and Island,Nebraska,become immediately Jue and payable without
<br /> (urther notice,and the amount rcmaining Juc under said bond,and any uther bund for any additional advances madt thereunder,shall,(rom the
<br /> date o(esercise of said optim�,beae interest a�the maximum Iegal�ale,and this murtgage may then 6e(oreclused to satisfy the amuunt due on said
<br /> bond,anJ any other bond for additiunal advances,toecthcr with all sums paid by said The Lquitable Building and Loan Associatiun of Grand Islxnd,
<br /> Nebraska for insurance,taxes and assessments,and abstracting extension charges,with interest tlicreon, frotn date of payment at the maximmn
<br /> Icgal rate.
<br /> As provided in the Uond secured hc�eby,while�his murtgagc rcmains in c((ect Ihe morlgagce may hereafur advance additional sums to the
<br /> makers of said Bond,iheir assigns nr successors in interest,which tums shall br wilhin the security uf this mortgage the same at the funds uriginally
<br /> � secured�hereby,die total amouN of principal debt nut tu exceed at any time the uri�inal amounl of this mortqage.
<br /> o ca d,�5 23rd � �AY�r July ,�.u..�v 76
<br /> � �� � ' +
<br /> .�[.�Le�l�rf <l �z�« GG:,�/c.�;:s 7`-
<br /> Harold G. Are a� Oneta re art
<br /> STA'IG OF NEBRASKA, ss. On this 23rd �� o( �U�
<br /> COUNTY Of HALL} Y y 19�6 ,betore me,
<br /> 1he undersigned,a Notary Public in and(or said County,personally came . �'�", ° �
<br /> Harold G. Arehart and Oneta Arehart, each in his and her own right and as spouse of each • N �'
<br /> other, • wn� are P�rsonailyknownto � r
<br /> ( me to be thc idcntical person 5 w�hou name �a�e�tpt the above instrumcnt as mortgagor 5 and they severatlY a '
<br /> acknowledged thc said instrument ro bc thei� vuhutttryraq[utid�. 1`� �'
<br /> N7TNESS my hand and No aria�S�dl tlie date a(oSesa�dti J' �. � �
<br /> `— �J�
<br /> My Commiuion expires F 1�'f��� � .' J'�/���
<br /> �; f C/
<br /> 5.1�2M RI . •. ,�;, .,_, :.t � �otary Public
<br />� �l�ljt SlS,f'�•..?..�;.:i1�y
<br /> i;,._ OF II'c�"
<br />� � `"t'-`:�s;>.:��'' J
<br /> `
<br /> 1
<br />
|