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<br /> 76- t�Oq.�64
<br /> MORTCAGG
<br /> A10RTGAG[i LOAN N0.� '
<br /> IKNOWALLbfENItYTHGSBPRESENTS:That Arthur R. Goodwin and Irene M. Goodwin, 2dCh 70 h1S hcld
<br /> her own right and as spouse of each other, Mo�tgegor,whetheroneormure,inconsideretionofthesumof
<br /> ' Twenty-seven Thousand and No/100---------------------------------------------------uoLinRs
<br /> loaned to said morigagor by The Gquitable Building and Loan Associatia�o(Grend Island,Nebraska,Mortgagee,upon 2�� shares of stock of
<br /> said ASSOCIATION,Certificate No.L ZZ 264 ,do hereby grant,convey and mortgage un!o the said ASSOCIATION the following
<br /> described real estate,siwnted in tiall County,Nebraska:
<br /> LOT FIFTEEN (15), BLOCK THREE (3), DILL
<br /> AND HUSTON'S ADDITION TO THE CITY OF
<br /> GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> rogether with all the tenements,hereditaments and appurlenances ihereumo belunging,including attached iluor coeerings,all winduw screens,
<br /> window shades,blinds,storm windows,awnings,heating,air wnditionine,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> re(rigerators,and other tixtures and equipment now or herea(ter atteched to or used in connectiun w•ith said real estxre.
<br /> And whereas the said mortgagor has agceeJ and does hereby agrce tl�at the mortgagor shall and will pay all laxes and assessmtnts levied or
<br /> assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent:to fumish epproved
<br /> insurance upon the buildings on said premises situated in the sum o!S Z�����.�� payable tu said ASSOCIATION and to deliver to mid
<br /> �� ASSOCIATION Ihe policies Cor said insurance;and not to commit or permit any waste on or about said premises, � �
<br /> In case u(default in the perlormance of any of the�nnns and conditions of this moe�gage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitied to immediale possession of the mortgaged premises and the mortyigor hereby assigns, transfers and se[s uver to the
<br /> . mortgagee all the rents,revenues and income lo be derived Crom the mortgaged premises during such time as the morlgage indebtednoss:hall remain
<br /> � unpaid;and the mortgagee thall have the power to appoint any agent or agents it may desire for tl�e purpou oC repairing said premises and renting �
<br /> the same and collecting the rents,revenues nnd income,and it may pay out of said income all expenses of repairing said premises and necessary
<br /> commissions and expenses incurred in renting and managing the same nnd oC collecting �entals therefrom;the balance cemaining,if eny,to be
<br /> ��.� .� applied toward the discharge of said mortgage indebtedness;these rights o(the mortgagee may be exercised at any time during the existence o(such �
<br /> Jefault,ircespective of any temporary waiver o(the ume. .
<br /> These Presents,huwever,are upun the Condition,7hat il�he said Alortgegur shall repay said loan un ur beforc the maturity of said:hares by
<br /> payment;pay munthly to said ASSOCIATION o(the sum speci0ed in the 8ond secured hereby ns interest and principal un said loan,on ur before
<br /> the Twentielti day of each and every month,until said Iwn is fully paid;p�y nll laxes and assessments levied xgainst said premises and on this\tortg�ge . �
<br /> - - and the Bond sewred thereby,before delinquenc}:(urnish appmved insumnce upon ihe buildings ihereon in the sum uf 5 Z]�QQQ.�� payable
<br /> �o said ASSOCfAT10N:repay ro sxid ASSOCIATION upon dem�nd all money 6y i�paid fm wch taxes,assessments and insurance with inurest at �
<br /> . the rtiaximum legal�ate thereun from dale of payment�II uf which Afortgagur hrreby agcees to pa�;permit no waste un said premises:keep and comply .
<br /> , with all the agreements and rnnditions o(the Bond(ur S 27 �(�p QQ this day given by tha s�id 1lortgagur tu said ASSOCIATION,and comply
<br /> . with all t6c requirements o(the Cunstitution anS 6y•Laws of�aiddSS'OL'IATION;ihen these presents shall becotne null and�•oid,othe�wise they
<br /> °' shall remain in full furce and may be(urecloxd:�t the option u(tiic i�id ASSOCIATIOV a(ter failure for ihree nwnths tu make any o(s�id �
<br /> t� � paymenis ur bt three months in arrears in m�king said monthly payments,or tu keep�nd cumply witli the ugreements and conJition�uf said Uond;
<br /> � and�fortgagor agrees to have a receiver appointed forthwith in such foreclomre proceedings.
<br /> . If there is any change in ownership of the nal estate mortgaged he�ein,by sale ur othen+•ise,then thz enlire remaining indebtedness irercby
<br /> E secured shall,at lhe uption of The Equitnble Building and Luan Aswciatiun of GranJ Island,Nebraeka,bemme immediately due and payable without
<br /> � fur�hcr notice,and the amount remaining due under said bund,and any othec bund for any additional ad�ances made thercunder,shall,from the
<br /> date o(exercise u(said option,bear interest at the maximum legxl raie,and this mongage may then be fo¢closed to satisCy the amoun[duz on said
<br /> bond,and any other bond for additiunal advanas,together with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br /> Nebraika Im insurance,taxes and assessments,and abstracting extension charges,w•ith interest themon,from dnte oC payment at the maximum
<br /> legal rate.
<br /> x. As pro�ideS in the 8ond secuced hereby,while this murtgage eemains in eCfect the mortgagee may herea(ter aSvance additional sums to the
<br /> makers ul'said Bond,their assigns or succzssors in interest,which sunts shall be within d�e sccu�ity of this murtgage thc same as the(unds uriginally
<br /> securrd thereby,the total amount of principal debi nut lo exceed at any time the uri�inal amount o(this mortgage.
<br /> " �f�s 28/ ' ���y�r �uly ,�.p..i�76
<br /> ���� / / /� f-. �,�✓�'�/:'.j''L-��/�. �CL',"��/,//,Y..rl/
<br /> Arthur R.�win Irene M. Goodwin
<br /> STATE OF NEBRASKA,i da uf 19 7E ,befure me,
<br /> ss. on this 28th 9 July
<br /> COUNTY OF HALL j ,.,I
<br /> � lhe undersigned,a Notary Public in and lor:aid Counry,prrwnally came
<br /> �'' .
<br /> Arthur R. Goodwin and Irene M. uoodwin, each in his and her own right and as spouse ��f c� �
<br /> - edCh other, Wh� are 4�C�'onallyr.nownto . y .; ,
<br /> I OC
<br /> .� me lo be the identiwl perwn5 whox nameS dpe affixed lo the above instrument as morty�gor5 snu LhAj� several(y• ;q;::�
<br /> - acknowledged the said inslrumenl to be thei r voluntary act and deed. �f�' ��
<br /> WITNESS my hand and Notarial Seal the datt aforesaid. ��f Ci'f �
<br /> �ty Commiuion expiru L �C /
<br />€= . . - .= ''�, Wtary PuElic •
<br />�; a�azM �� �y. ��'7y
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