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<br />` 76- (}Q4203
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<br /> AfORTGAGBLOANNO.�2Z.271MGIC
<br /> � Y.NOWALLt�1C:NI3YTl1ESGPRGSENTS:Tf�a� Roger A. Livingston and June E. Livingston, each lft
<br /> his and her own right and as spouse of each other
<br /> Mortgegnr,whe[her one or more,im m�sidetatlon of the sum of
<br /> Nineteen Thousand Three Hundred Fifty and No/100---------------------------------"oo[.tnas
<br /> luaned to said mortgagor by The Gyuitable Uvilding and Luan Association o(Crand Island,Nebraska,�lortgagee,upon 193 shares of s[ock of
<br /> � szid ASSOCIATION,CertiCcate �o.L 22�2�1 MGIC,du liereby grant,coneey and mor[gage unto the said ASSOCIATION the following
<br /> �. described real estate,situared in llall County,�ebraska:
<br /> LOT SIX (6), IN BLOCK NINETY-ONE (9l),
<br /> � IN WHEELER AND BENNETT'S FOURTH ADDITION
<br /> TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> NEeRASKA.
<br /> � tugether with all the tenemen�s,hercdi�aments�nd appurtenances theretmiu balonging,in�luding sttached flour w��erings,all window screens,
<br /> �vindow shades,blinds,storm winduws,awnings,I�rating,air conditiuning,snd plumbing and water equipment and xccessories therem,pumps,stoves,
<br /> � retrigeratnrs,and other lixturee and equipment now or heee�fter attaclieS to or used iu cunnection with said re�l estate.
<br />� �� � And whercas the said mortgagor lias agrecJ and does liereby agree tl�a� �he�uungagor shall and will pay all taxes and xssessments levied or �
<br /> assessed upon said premisas anJ upon this iuor�gage and Qie bond sec�fr d I f�eb-before the same shaU becume delinquent;to(urnish approved
<br /> insurance upun the buildings on suid premises situa�ed in the sum of 5+�+��"•�0 r7)'�bI2 to said ASSOCIATIO� and to dtliver to said
<br /> .t� ASSOCIATION the policies Cur said insurance:and not to commit or permit any waste on or abnut said premises;
<br /> In casz o(default in the pedom�ance of any of tl�e tenns and cunditions of this morlgage or iht bund secured hereby,the mortgagee shall,
<br /> � un demand,be eutitled ro immediate pus�ession ol the murtgaged premises and the mm�gagor hereby �ssigns, transfers and sets uver to the
<br /> murtgagee all the rents,revenues and incomr�o be de�ived Cmm the murtgaged premise:during such time as the murtgage indebtedness shall remain
<br /> t�pP:IjII;JI1lI llll'IIIUII�'��'l`0 SII�II I13Yr(IIC PUWC!l0;1PPOIIII LfIY J�'Cill Of]�CI115 it may dcsire(ur�he purpose u(repuinng said premises and renting
<br /> �hr same and collecting the rents,revenues and income,und it may pay out of said incume all expenses uf repai�ing said premius and necessaty
<br /> wmmissions anJ eapenses incurred in renting and managing the same and of cullecting centals ihereCrom:the balance cemaining,if any,to be
<br /> � applied toward�he discharge ef said murt�;age indebtedness;U�ese rights uf We mortgagee may bn exercixd at any time during the existence of such
<br /> . defauh.irrcspecti�r of any tcmporary�aai��cr uf cha samc.
<br /> . .fhrsr Presents.Iwwever,are upon tha Cunditiun.Th�t if the said Afungagor shall�epay 5�1�IU811 UI7 Of beforc the m�turiry of said shares by,
<br /> -. payment;pay muntidy tu said ASSOCIATIO\uf the sum specified in the Bond secu�eJ herzby az interest and principal un said luan,on or befure
<br /> �, thc Tw�ntie�l�da)•u(each�nd evcp�munth,until s�id luan is(uily paid;Pay all tuxes anJ�ssessments le�•ied against said prcmiscs and on tt�is M1tortgage
<br /> �nd the Bond secured thercUy,befaro delinyuency;iumish approved insurance upon dtr buildings thereon in�he sum oF S 19,350.00 payable
<br /> � �o said ASSO(:IATION:rep�y tu said ASSOCIATIO!�upun Jemand all monep by it p�id fur such taxes,ussessments and insurance with intercst at
<br /> . the m�ximum legal�ate thereun Gum d��e of paymcnt all ul which Atortgaeur hereby agrees tu pay;permit uo waste on said premises:keep and comply
<br /> f w�ith a11 the agreements and cunditions o(the Bund for 5 I9,350.00 a,�s daY 6ieen by the said Aturtgagur to said ASSOCIATIO`J,and cumply
<br /> " µ•i�h all Ihe reyuiremtnts uf the Cunstitutiun�nJ Uy-Laws nf said ASSCA'1:1170N:�hen these presents sh�ll bacome null and coid,othenvise they
<br /> ! shall remain in full furce and ntap be foreclused ai the op�iun ui ilie s�id ASS(KIATION alter (ailure f'ur three monU�s �u make mty uf said
<br /> payments ur be thrce munths in anr��s in m�king said monildy pa}•mems,or w keep anJ tomply e�ith the a�rcemenu and conditions of said Bund:
<br /> :t �nd Murt�gor agrees to hu�•e a teceiver appuinted forthH'ith in such liireclusure proceedings.
<br /> � If therc is any chauge iu owneahip ul the real esiate mongaged herein,by s�le or othenvise,then tl�e entire rcmaining indebtedness Lereby
<br /> secueed shall,at the uptiun uf The l:yuitable Uuilding and l.uan Assuciaiion ul'Grand Island.!�ebra:ka,becume immeJiately due anJ pvyable without
<br /> further noticc,and the antuun� remaining duc w�der Se1lI�UII(I.:Illl�any UlI1C�b00(I�Of 811Y elllllU0I18I 3(IYdfICP51i18(IC IFICIL'U(Il�tf�SIIdII.from the
<br /> date of exercise o�said option,bear intercst�t�he m�ximum Iegsl rxte,and this murtgage may then be Ibrcclosed to satisCy the�mount due on snid
<br /> bond,and any wher bond f'or additional aJvances,together with all sums paid by mid The Equit�bla Building und Luan Assuciation uf Grand Istand,
<br /> �e6raska tm insurance,taxes and assessments,and abstracting exlension charges,�aith interest tl�e�mn, I}om dale u(payment at the malcimum
<br /> legalrate.
<br /> As provided in the{3ond secured hereby,u�hile this mortgage remains in e(1'ect the nwrtgagre may hereafter aJvance�dditional sums tu the
<br /> ' makers of said Bond,tlieir assigns or successors in interest,which sunn shall be within ihe secunty of this mortgage the snme as the funds uri�inally
<br /> secured thereby,the�otal amount uf principal deb�nut tu exceed xt any time the original amount of this mor�gage.
<br /> [���e��i,�5 30th a�y�r July ,�.o.,iv 76
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<br /> % —� Roger A. Livips}Ston ;%June E. Livingston
<br /> ` STATL•OF NEBRASF:A, 1)]( ,6e(urc me,
<br /> s�. On!his 30th �aY�� �U�y
<br /> CDUNl'Y OF HALL � � ,
<br /> thc undersigncd,a Notury Pub6c in and fm saiJ Counq�,personally came �
<br /> Roger,A,,,,Livingston and June E. Livingston, each in his and her ownhoiga�ean d�as�p,selly�knownro N'?'
<br /> of- f��,��:Y\� � .
<br /> L �jiE{p.��w+dCJ;��EFwnS whose nameS are affixed to lhe above instrument as mortgagur S and they severally .
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<br />� �. ;�ack.�Owkbge�tfie�3yd ins(twnent W be thei r voluntary act and deed. �`e� `
<br /> { ' p �.-y 1�I P�jJLS���.my hand and Notarial Seal ttrc date aiuresaid. € �j��
<br /> �� ' � , ht olnmfssion ex ires ��� � �J, I � � I
<br />�' £,.,t�,:e,� Y� P ��^�h�'�' ��i I�1�b � ;�. � , V _.
<br /> ���1 '��",'c, ` f,' /V '� Nntary Yublic
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