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<br /> AfORTGAGL
<br /> AIORTGAGL'LOAN NO.L '
<br /> � KNOWALLM6NDYTIIGSEiPRF.SGNTS:That Richard C. Chaney and Joan M. Chaney, each in his and
<br /> her OWO ?'lqht ditd as SpOUSe Of eOCh other, ptortgagor,whetheroneo�more,inconsiderationoCthesumof
<br /> �. ' Twenty-nine Thousand and No/100--------------------------------------------------- Do��n«s
<br /> loaned io said mortgagor by Tl�e Gquilabte Ruilding and Luan Assucialion of Grand Island,Nebraska,Afortgagee,upun 290 shares of stock of
<br /> said ASSOCIATION,Certificate No.L ZZ�2]3 ,do�iereby grant,mmey and mor�gage unm the said ASSOCIAT[ON the following
<br /> � described real estate,situated in Hall County,Nebraska:
<br /> LOT THIRTEEN (13), CAPITAL NEIGHTS
<br /> SEVENTH SUBOIVISION, IiALL COUNTY,
<br /> NEBRASKA.
<br /> t.
<br /> - togethrr with all the tenements,heredit�menu and appurtenances thereun�u belon�;ing,induding attached tloor coverings,all window scuens,
<br /> R7(I(IUW TI78lIl'S�blinds,storm��'indows,av:nings,heaiing,air conJitioning,and plumbing and watereyuipmentand accessuries thereto,pumps,stoves,
<br /> �� refrigerators,and other fistures anJ equipment now ur hereafter attached to ur used in connenion u�ith said real es�ate.
<br /> �. And whereas the said mongagur has ag�ced and dues hcreby agrea that the mortcagor shall and will pat�all taxes and assessments levied or �
<br /> asussed upon said premises and upon�his mortgage and the bund secured thereby betore the same shall bacome delinyuent;[o furnish appmved
<br /> . insurance upun ihe Uuildings un said premises situatrd in ihe sum o(}29�QO�.�� Pay�61e w said ASSOCIA"PION anJ to deliver to said �
<br /> . ASSOCIATIO\Ihe policies for said insurance;and not tu commit ur perm�t any wasie nn ur abuut said premises �
<br /> � In case oC default in d�e perlonnance of any uf the te�ms and mnditions u(this mortgnge or the bond secured here6y,the mortgagee shall, �
<br /> � un demand,6e emiticS w immediate pu�session uf the mortgaged premisrs and �he murtgagor hereby assigns, transfers and sets over to the
<br /> � mocegagee�II the rrnts,revenues and incomc ro be derived from the mungaged premises daring such time as ihe mungage inde6tedness shall remain �
<br /> " unpaid;and tl�e murt@agec shall have ihe puwer to appoint any agcut or agents it may desire for tha purpuse o(rep�iring s�id premises and renting
<br /> the same and cnllecting the cents,revenues:md income,and it may pay out of said incume all expenses of repairing said pcemises and necessary
<br /> cmnmissiuns and expenses incurred in renting and managing the s�me and uf rollccting rentzis thereCrum;the balance remaining,if sny,w be
<br /> applied toward the discharge o(saiJ murtgagz indebtedness;these�ights o(the mortgagee m�y be exarciud�t any time during the existence of such
<br /> de(ault,i�respec�ive of any temporaq�waiver ol thc same.
<br /> � These Presents,huwever,arc upun�he Condition,'Ch��if the said!Nortg�gor shall repay ssid Iwn un or before�he maturitv of said shares by
<br /> . paymeni;pay monthly to s�id ASSOCI:1T10\uf the sum specilied in the fiund secured he�eby az interest and principal on said loan,on or ba(ore
<br /> � thc Twentietl�day ui cach and cecq�month.until s�id loan is lully psid;pay all taxes and assessments levied against said premiscs nnd un Ihis�lortgagc
<br /> � and�he f3ond securad tt�ereby,be(ure delinyuency:f urnish�ppruved insurance upon ihe buildings thercon in the sum o(S29����.�� p�yvble
<br /> ;� �. ro said ASSOCIA710N;repay to said ASSO(:IATIOV upun demand all nwnry by it paid Cur such taxes,assessments and insurance with interest at
<br /> the maximum legal�atr the�eon from date ui papment all of which Murtgagor hereby agrces w pay;pennit nu waste on said premises;keep and comply
<br /> s' wiih�II ihe a reemen�s and cunditiuns of the Bond for 5 q �(� ihis day gicen by the said�fortgagor ro said ASSOCIATION,and comply
<br /> � wilh all Ihc rcquiirments of ihe Consiitutiun and HyLnws��is�a���PS5DQ'IATION;then these presents shall becomt null and void,utherwise they
<br /> � sliall ramain in full lurce�nd in�y br forecluscd at thr option of tt�e said ASSOCIATION �tter (ailure for thrce munths to make any uf said
<br /> � paymenis or bc thrce muNhs'in arreurs in making said munthly paymcros,ur w kecp and cumply u�ith dre agrcements and conditions u(said BouJ:
<br /> � and M1torttugor agrces to have a recei�er�ppuinted furthwith in such foredusure pmccediugs.
<br /> a; I(�here is any change in uwnership of�he real estate moregaged herein,by mle or uthenvise,[hen tlm entire remaining indebteSness hereby
<br /> i srcu�ed sLall,at the op�iun uf The Gyuiteble Uuilding and Loan Assuciatiun of Grand Island,Nebraska,bemme immediatdy due and payable without
<br /> funher nuticr,and lhe amount remsining due undcr said bond.�nd any mher 6und for any�ddilional ad�ances made thercunder,thvll,(rum Ihe
<br /> date of exercise of said optiun,b�ar in�erest:�t the m�xinmm Iegsl rate,and this mortgage rnay tlien be loreclused to satisCy the amuunt due on said
<br /> bund,and any uther bond for additiunal advances,�utether�siih all swns paid by said The Lyuiteble Building and Luan Aswciation ot Grand Island,
<br /> \ebraska for insurance,taxes unJ asussmeNs,and abstr�cting extensiun charges,widi interast tltereon, (rmn date uf payment at the maximwn
<br /> Icgxl ratc.
<br /> As provideJ in�he Dond secured hereby,while�his murtgage rzmains in etfect the mortgagee rnuy here2lter advance additiunal sums tu the
<br /> makers u(said Bond,their assigns or succeswrs in interest,which swns shall be within the mcu�ity o(this mongage the same as the funds originelly .
<br /> xcurcd thereby,the total amount o(principal debt nm tu exceed at any time Ihe original amount o(this mortgage.
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<br /> � ��i 3 y<, % July � n.o..i�> 76
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<br /> '.�'li- . �9 �Le' i ,.���-,��/�� ��_.��/�
<br /> i hard C. haney - ';Joan M. Chaney ��
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<br /> STATE OP NEBRASKA,1 ss. On this 3�th Jay of Jul y I) �6 ,6efore me, I
<br /> COUNTY OF fiALL� , I . ;_, .
<br /> . die undersigned,a Notary Public in and(or said l'ounry,perwn�lly came
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<br /> Rizhard C. Chaney and Joan M. Chaney, each in his and her own right aiod as spouee�ofY�a���� a =:
<br /> other, - «� are p � �
<br /> � me to be the idrntical person 5 . svjto�nsrtf�'$';,��'!; aI'2 a(fixed to the above instrument as muctgagor 5 and th2y seserally �, �
<br /> � acknowledged the said instrumenJ�;be,•;��•`-�he`i,�y�y+�tary act and deed. � ..�
<br /> • R7TNL55 my fc�d,3hd I�'o rial Seal'�I��'dYy4c afomsaid. , / , ttp.
<br /> �fy Cummiss�n e�ires �� �+ /� � � �� .
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<br /> s � . Notary Yublic
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