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<br /> 7bv004221
<br /> titoarcnce
<br /> --- n�oKrcnci:�o�N No. L22,266
<br /> � KNOWALLh1GNDYTt1GS6PRESGNTS:That Glen A. Spidle, Sr. and Emma E. Spidle, each in his and
<br /> h01' OWII right and d5 spouse of each other, �tortgagor,whetheroneornwre,inconsiderationofthesumof
<br /> - Eighteen Thousand and No/100-------------------------------------------------------'boL�nKs
<br /> luaned to said mortgagur by The Gquitable Building and Luan Assuciation of Grand lsland,Nebraska,�1urtgugee,upon �80 shares o(stock of
<br /> said ASSOCIATION,Certiticate No.L 22,266 ,do hereby grant, concey end mortgagc unto tlie said ASSOGATION�he(ollowing �
<br /> � descubed real estute,situated in Hall Counry,Nzbra�ka:
<br /> LOT SEVEN (7) IN aLOCK SIX (6), IN KERNONAN
<br /> AND DECKER'S ADDITION TO THE CITY OF GRAND
<br /> ISLAND, NEBRASKA.
<br /> �
<br /> �
<br /> � wgether with all �he t�nements,hercditaments and appurtenances thercunro beluneing,including auad�ed tloor covzrings,all window screens,
<br /> window shades,blinds,sturm windows,awnings,heatinc,air cunditiunin},and plumbing and water eyuipment and accessories Ihereto,pumps,stoves,
<br /> ;; - refrigeraturs,and utl�er(ixtures and equipmem now or liereafter attached ro or used in connection wit6 said real estatc.
<br /> And whereas the said mongagor has agrecd and ducs hereby agree thal the mongagor shall and will paq all taxes and assessments levied or
<br /> � assessed upon s�id premises and upmi this morigage and[he bond srcured thereby befure the s�me shall become delinquent:to furnish approved
<br /> . insurance upon the buildings on s�id premises siiu�ied in d�e sum o(S �$����.�Q p�yable to said ASSOCIATIO'� and to deliver to said
<br /> ASSOCIATION�he pulicies fur said insurance:and nut io contmit or pernut any waste un or about said premises:
<br /> In case of default in�he perfuununce u(any of the terms and conditions ol this munguge or d:e bund secured hereby,the mortgagee shall,
<br /> {` �� un demand,be entitled to immediate pussession ol the mortg��;ed premises and the nwngogur heraby assigns, iransfers and sets over to d�e
<br /> ' nwngagee ell ihe rents,revenues nnd income to be derived irom ihe murtgaged premises durine such time as[he mortgage indebtedness shall remain
<br /> ;e unpaid:and ihe mongagee shall I��ve the puwer to appoint any agem or ngents it may desire(or the purpose oC rep:�iring said premises and centing
<br /> � the same and colleciing the ren�s.revenues anJ income,and il may pay out of s:iid incume all espenses u(repairing ssid premises and necessary
<br /> cummissions and axpenses incurred in renting and managing the same and of collecting rent�ls tl�erefrom;[he balance rcmaining,if any,W be
<br /> � applicd toward the discharge of said mongagr inJebtrdnrss;these rights of the murtgatiee may be exercised at any time during the existence oC such
<br /> . default.irtespective uf any�empo�ary waiver ol the samc.
<br /> Thcse Prcunu,however,a�e UPUfI lI1C CUII(IIIIOfI,�I181 1�Illl']JIII�IUfI�8�0I SIIdII fl'�18}'S81fI I08I1 GIl Of IIC�UII'lI1P R18111I1�V OP 581(�S}Ii17C5 bY
<br /> p�yment:pay munthly to said ASSOCIA'f10\u(the swn syecitied in the[iund secured hereby as interest and principal un said loan,un or be(om
<br /> � the Twentieth d�y'o(eacli and even•nwmli.until said loan is fully paid:p�p alI tases and assassments lecied against said premises and on this\turtgage
<br /> and the Bond secured the«by,before Jelinyuency:lurnish approved insurance upun ihe buildin�s thrreon in the sum u(S �$�QQ�.�� p�yable �.
<br /> to said ASSOCIATIO\:rep�y to said ASSOCI,\TIOti upun dem�nd all muney b}'it psid for such taxes,assessments and insurance with interest at �
<br /> � � ihr maximum legal rate thereun Irom datr uf paynun[�II uf which�turigagur hereby agrees ro pay;permie nu wa�[e un said premises;keep and comply
<br /> �viih all the agrcemems and condnions ol the 13ond I'ur 5 18,���.���f�is day given by dte said Alurtgagur w said ASSOCIATION,and comply
<br /> with all the requiremcnts of the Cunstiiutiun and 6q-Law�s uf said ASSOCIATION:then these prcsents shall 6ecome null and vuid,othenvise they
<br /> sh�ll remain in full force anJ m�q be foreclosed at the option ul ihc said ASSO('IATION ufter i�ilure for threc mondis to make any of said
<br /> payments u�be three munths in aue�rs in making said munthly p�yrnents.ur tu keep and comply��•ith the agceements�nd conditions of said 13und;
<br /> �.� anJ Alortgagor agrees to Itave a receiver appoiNed fortM��ith in such(o�eclusure proceedings.
<br /> � Ii thcre is any change in uwnership uf thc real cs�ate murtgagcd hemin,by sale ur uthenvise,then[he entire rem�ining indebtedness hereby
<br /> xcurcd shall,at q�c uptiun u('il�t liyuitable Building and Luan Assuciation uf Crand Island,�rbraska,becume immediately due and psyable withuut
<br /> further nutice,and the amuunt rem�ining due under s:�id bund,and any u�her bund for any additiunal�dvances made thercunder,shall,1'rom Ihe
<br /> date ul exercise o(saiJ optiun,bear interest at the maximum Iegal rate,and this murtgage rtiay then 6e foreclosed to satisfy the xmount due on said
<br /> bond,and any uther bond for additiunal�dvances,tugcther witli all sums paid by said The Gyuitxble Building and Luan Association ol Grand Islxnd,
<br /> Nebruska fur insurance.Isxes and asse�sments,and ebstracting extension charges, witli interest thercon, from date ul p:�yment et the maximum
<br /> ICg:II I:IIC.
<br /> As pruvided in the BonJ secured hereby,�rhilc lhis murtgage rem�ins in c(@ct the mortgagee may hereafter xdvance additional sums ro the
<br /> z makers of sxid Bund,their assigns ur successurs in inte«st,which sums shaU be within the security u(this mor[gage lhe same xs the funds originally
<br /> secured lhereby,tha total amount of principal debt not to exceed at any time the oiiginxl amount of this mongage.
<br /> n��e��t,�r 28th -��y�r July �.i�..���76
<br /> ✓j��� / � /`/ / q
<br /> i✓ !i(' w/-r1-�.7�-�F�'/ .*'�> ' �,7-n.ri.cL;� �JA�.�c.iL-�'.L.
<br /> GTe A. Spidle, Sr� � Emma E. Spidle -
<br /> sTnre or•r.eoansiu..� 28th Jul
<br /> u. On this d�y of Y 19�6 ,befine me,
<br /> COUNTY OP HALL _ � .
<br /> � ihe undersigned,a Notary Public in and for said Cuunty,peruinall came
<br /> �len A. Spidle, Sr. and Emna E. Spidle, each in his and her own r�ght and as spouse o� ' ev '•:
<br /> 2dCh ather, �"��� dre personally known ro � � _:.
<br /> Lme to be the identiwl perwn 5 «hose name 5 dt'E affixed W the above instru ent a mortgagurg and they severally �
<br /> atknowledged tlie said instrument to 6c thei r volunt�ry act ar.d deed. . r`
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<br />_�� \Vl7?JCSS my hand and Notarial Seal the date aforcsaid. . � Ux
<br />'a: M Commissiun ex ires ��u G'� � . G
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<br /> � / � � N�rtary Public
<br /> S�ISM Iil � � � �9 �9
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