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<br /> �10RTGAGG —
<br /> n�oRTchpe�onr+no._ i 2Z,263
<br /> KNOWALLAiL'N[lYTF1ESF.PRESENTS:That Arthur R. Goodwin and lrene M. Goodwin, each in his I
<br /> and her own right and as spouse of each other
<br /> �� ! __ Mortgagor_whether one or mor ,in consideration of th:sum of �
<br /> Twenty-seven Thousand and No/100---------------- �"'-""""'"-���A��
<br /> loaned to said mortgagor by The Equitable Duilding and Loan Associatimi ot Crand Islund,Ne6raskx,�turtgagee,upon 2�� sha�es oC s of
<br /> said ASSOCIATION,Certiflcate No.L 22,263 ,do hereby grant,convcy and mortgage unco qie said ASSOGATION the C�ing
<br /> described real estate,siluated in klxll County,Nebraska:
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<br /> LOT SIXTEEN (16), 3LOCK THREE (3), DILL AND
<br /> HUSTON'S ADDITION TO THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
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<br /> together with all the �enements,hereditaments and appurtenances thercuNu belunging,including attached floor wverings,all window screens,
<br /> � window shades,blinds,storm windows,awnings,heating,air conditiuning,and plumbing and w�ter eyuipment and acassories lhereto,pumps,stoves,
<br /> «frigerators,and uther fixtures and equipment now or hereaCter attached m or used in cunnectiun with said real estate.
<br /> And whereas the said mortgagor has agreed and does hereby agree that the morlgagur shall and will pay all taxes and assessments levied o�
<br /> assessed upon said premises and upon this mortgage and the bond secu�ed thereby be(ore Uie same shall btwme delinqumt;w lumish approved
<br /> - insu�anre upon the buildings on said premiscs situated in the sum u(S Z]����.�� p�5'�ble tu said ASSOCIATION anS to deliver to said
<br /> � ASSOCIATION the policies(or said insurance;and no�to wmmit o�permit an}•waste on or about said premises;
<br /> � In cau uf default in the perfurmance o(any uC the terms and conditions oC this mortgage or the bond secured hereby,the murtgagee sh�ll, �
<br /> � on demand,be entitled to immediate possession of the mortgaged premises and the nwrtgagor hereby assigns, transfers and sets over to the
<br /> . mortgagee all the rcnts,revenues and income to be derived(rom the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> unpaid;and lhe mungagee shall havc the power to appuint any agent m agents it may desire for the purpose of repairing said prcmises and renting
<br /> the same and collecting the rents,cevenues and income,and it may pay out of said income all expenses of repairing said prem�ses and necessary �
<br /> � commissions and expenses incurred in renting and mnna�ing the same and ol'collecting rentals therefrom;the balanre remaining,if any,to be
<br /> � applied�oward q�e dischargz uf said mortgage indebtedness;these�ights of ihe mortgagee may be exercised at any time during the existenre oC such
<br /> default,irrespective o(any temporary waiver of the wme.
<br /> �. . These Presenls,however,are upon thr Condition,That i(the s�id Afurt�agor shall repay said loun on o�betom the malurity of said shares by
<br /> `� payment;pay momhly to said ASSOCIATION o(the sum specified in the ffund secured hereby as interest and principal on seid loan,on ur betbre
<br /> � ihe T«'entieth d�y of each and every month,until suid luan is(ully paid;pa)'elI�axes and assessments levicd against said premises and on this Abrtgage
<br /> x �� and the Bond sccured lhcreby,beCure deliny�ency;furnish approved insurance upon ihc building�thereon in[he sum of S z]�QQ�.QQ P�)����
<br /> �� to sxid ASSOCIATION;repay to said ASSOCIATION upvn demand all muney by it p�id Cur such taxes,�ssessments and insurance w�th inierest at
<br /> ;� � the maximum legal rate thereon fwm date of p�yment all uf which�longagur hereby agrees to pay:pennit no waste on said premises;kaep and comply
<br /> with all�he agreements and condi�ions u(�he I3ond fm S 27f��(�(� (}�/,(y��.this Jay given by die said Atortgagor to said ASSOCIATION,and comply
<br /> widi all the reyuirements o(the Cunstitution nnd d}'�L'JN'S O�)81TASJlII 1AT10N:then these presents shall become null and void,otherwise thcy
<br /> sl�all remain in(ull force and may be fu�ecloud at die up�iun uf�he said ASSOCIATIO� alter 1'�ilure tor three munths to maAe any ul'said
<br /> y anJ�Afm'tg go�agrcas to have a��eceivc�reppuinted fmtl wi h�in'such foreclusure�pmcePdin��umply with the ag�eements and cor.ditions of said Bond;
<br /> `� If there is any d�angc in ownership uf lhe real estate mortgaged herein,by salc ur othenvise,dien the entice remnining indebtedness hereby
<br /> securcd shall,at lhe option of The Gyuitable Duilding and Loan Aswciatiun o(G�anJ(slund,NebrasF:a,becume imme ately due and payable without
<br /> fur�lier notice,and the amount rcrt�aining Jue under said bond,and any uther bond(or an}'additiunal advances�de thereunder,sh�ll.(rom ttie
<br /> date of exercise of said optiun,bear interest a�the maximum Icgal ralc,�nd diis mortgage may then be fu!eclosed to sa�is(y the amount due un said
<br /> bond,and any other bond fur addilional advances,tugether with all sums p�id by s�id The Equitable Building and Loan Associatiun of Grand Island,
<br /> Nebraska for insurance,taxes and aesessments,and xbstracting extensiun charges,with interest thereun,from date of payment at the maximum
<br /> Icgal rate.
<br /> ps provided in�he Bund ucureJ hercby,while this murtgage remains in elfect tht murigagee may hereafter advance additional sums tu tLe
<br /> makers uf said Bond,their assigns or suceessors in inte�cst,which sums shall be within the security of this murtgagt the sxmt as the funds u�iginally
<br /> secured thereby,the rotal amounl of principal debt nut to exceed at am-iime the original amount of this murtgage.
<br /> i � � �
<br /> /, n�aat,�: 27th �' a�y�[ July �.o..�� 76 ' .
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<br /> STATEOFNERRASKA,1 ss. Onthis 2�th dayuf Jl1�,y I�6 ,be��emt,
<br /> COUNTY OF I IALL�
<br /> thc undersigned,a Notary PubBc in end{or said County,personally camo � ��'.t.:
<br /> Arthur�R. Goodwin and Irene M. Goodwin, each in his and her own ,,.i,o are persunallyknownto •N =
<br /> right and as spouse of each other � '
<br /> ` me to be lhe identical person S whose name g afCixed to the above instr nt as m igagor �g �nd they uverally . .
<br /> �E'
<br /> acknowledged the said instrument to be thei r voluntary act and deed. • �� 1� '�
<br />� WITNESS my hanJ and Notarial5eal the date a(oresaid. ��' �
<br />- My Commissiun expires � �� �
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