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<br /> ntoRTcnCF.LOAN NO._L 22,276 MGIC
<br /> KNOWALLAfGN6YTiir:seY�iesrnTs:ri,a� James Edward Roberts and Mary L. Roberts, each in his
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<br /> I and her own right and as spouse of each other,
<br /> Alurtgagur,whether a�e or more,in considcrstion of the sum aC
<br /> Twentv-three Thousand Eiaht Hundred Fiftv and No/100------------------------------ uo��n�zs
<br /> luaned tu said mortg�gor by"I'he C•.quitable I3uilding und Loan Associalion of Grand Isfand,Nebraska,�lortgagee,upon 238 shares o(srock of
<br /> said ASSOCIATION,Certi(icate No. L ZZ e2�6 MGI C du hereby grant,cunvey and morlgage unto the said ASSOGA'f10N tl�e following
<br /> described real estate,situated in Hall County,[vebraska: �
<br /> PART OF LOTS EIGHT (8) AND NINE (9) IN BLOCK TWO (2) IN SOTHMAN'S SUBDIVISION TO
<br /> T H E CITY OF GRAND ISLAND, NEDRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br /> COMMENCING AT A POINT ON THE EASTERLY LINE OF LOT EIGHT (8), SAID POINT 6EING
<br /> FOURTEEN (14) fEET NORTHWESTERLY OF THE SOUTHEAST CORNER Of LOT EIGHT (8), RUNNING
<br /> THENCE SOUTHWESTERLY ALONG A LINE PARALLEL TO THE SOUTHERLY LINE Of LOT EIGHT (8),
<br /> A DISTANCE OP ONE HUNDRED TWENTY-fIUE (125) FEET TO THE 4lESTERLY LINE OF LOT EIGHT
<br /> (8), RUNNING THENCE SOUTHEASTERLY ALONG THE WESTERLY LINE OF LOTS EIGHT (8) AND
<br /> NINE (9), A DISTANCE OF FIFTY (50) FEET, AND RUNNING THENCE NORTHEASTERLY ALONG A
<br /> LINE PARALLEL TO THE SOUTHERLY LINE OF LOT EIGHT (8), A DISTANCE OF ONE HUNDRED
<br /> TWENTY-FIVE (125) FEET TO THE EASTERLY LINE OF LOT NINE (9), AND RUNNING THENCE
<br /> NORTHWESTERLY ALONG THE EASTERLY LINES OF SAID LOTS EIGHT (8) AND NINE (9), A
<br /> DISTANCE OF fIFTY (50) FEET TO THE POINT OF BEGINNING.
<br /> % iogedier with all tl�e [enements.hereditamentx and appu�tenances therewito belunging,including aitached fluor coverings,ell window screens, .
<br /> windox�shaJes,blinds,stunn windows,awnings,hcating,aii cunditioning,and plumbing and«aiercquipment and;�ecessories thereto,pumps,stoves,
<br /> � «frigeramrs,�nd ud�er(irtures�nd eyuipment now o�here�(ter:utached w ur used m connectiun with s�id real es[;fte.
<br /> � And whereas�he said morlgagur has agreed and does hereby ugree tliat thc murtg�gur�hall and will pay all tuxes and ussessmen[s levied or
<br /> assessed upun said premisas�nd upun d�is nmrtgage�nd the 6und secured �herebv helure the s�me sh�ll become delinyurnt;to fumish approeed
<br /> insurance upun the buildings on ssid prcmise�sima�ed in d�e sum of S 23�$5�.�� pa!'able tu s�id ASSOGA'f10!� and to deliver to said
<br /> _ 15SOCIATION the pulicies tur said insur�nce:and not to commit or permit any waste on ur ubout said premises:
<br /> In casz uf dcl'ault in the per(onnance u(any ot�he trnns and conditions oi this murtgage ur die bund secured hzreby,the mongagee stiall,
<br /> {; . on dcrttand,be enii�led tu immcdiate pu:session ul ihe morteaged premises and the nwng�gor hemby assigns, transfers und sets over to Ute
<br /> s� mortgagee all the rcnts,revenues and income tu be derived frum the murt�ged premises Juring such time as the mungage indebtedness shall remain
<br /> �, unpaid:and the morigagec shsll have the puwer�o�ppoint any agent��r�gents it map desire(ur the purpuse of repairing said premises and renting
<br /> the same and collecting the rents,revenues and income,and it may pay out of said income all expenses uf rep�iring said premises und necessary
<br /> tummissions anJ expenses incurred in renting and manaeing the same and of cullrcting re�itals thzrefrom; dte balance remnining,if any,to be
<br /> . applied tuward the dischar�e uf said mortgage indeb�eJness;Uiese rights of the murtgagec may be exercised at any time during the existence ot such
<br /> �� default,irrespective of any tempor�n�waiver uf thc s�me.
<br /> t Thcse Presents,hu���evcr,are upon the Condi�ion.That il the said!1lortgagor sh�ll�ep�q said loan on ur before the maturity o(said shares by
<br /> � puytnent:p�y ntunthly tu said,iSSOCIATIOK of the sun sp��cified in thz Bond securcd hereby as interest and principal on said loan,on or belbre
<br /> f. the Twemicih day ul each�nd even�nronth.until s�id lomi is(ully paid:pay all ta�es anJ assessments levied acainst wid premises and un this Alortgage
<br /> and the 13ond secured iliereby,beti>rc delinyuenc}�:I�wnish appruved insurance upun tlie buil�ing�thercon in d�e sum u(SP3�85�.0� v�}'BIIIt
<br /> to said ASSOCIATIOV:repay tu said ASSOCU1TIOti upun dcntand all muney by il paid 1'ur sud�taxes,assasvnents and iusurance with inte[est at .
<br /> � the maximum lega;r�te the«un Irom d�tc of parmeni all u(which�1un�agur hereby agrees to p�y:ptn»it nu w�ste on saiJ premises:keep and mmpl,v
<br /> with all the agrecments and conJi�iuns uf the Bund Iur 5 23�85�.�� �his'day given by�he saiJ 1lurtgagor tu s�id;1SSOCIATI01,and cumply
<br /> i with all the«quiremcnts of the Constitutiun and By�La���s uf said ASSOCIA7l0ti;then these prrscnts shall become null and void,utherwise they
<br /> sh�ll remain in full loece and m�y br fureclused�t Ihe upliun uf ihe said ASSOCIATION alter (ailure ior threc months �o ntake�ny uf said
<br /> " paymcnts ur be thrce mundis m arre�rs in making said ntunthly paymtnts,or ro kecp and cumply u•ith N�e agrecmrnts anJ conditions o�said Uond:
<br /> and!Nurtgago[agrees to havr a n•ttivcr appointed[ort�n���th in sud�luredosure ptueeedings.
<br /> II�here is any change in uwnership oi the real estaie murtgaged herein,b��sale ur oiherH�ise.thrn the entire remaining indebtedness heceby
<br /> ucured shall,at the up�iun ol The I.`.yuitable Building and Loan Aswciatiun u(Grand Island,NebrxsAa,berome immediately due and payable withuut
<br /> I'unhe�nutice,and the amoun� rem�ining due wiJrr s�id bund,and any uther bond for�ny uddition�l advancrs maSe thereunder,shall.(rum the
<br /> II�II'oI CXCfI'ISC U�S:IIII UP11U11,�COf IIIIt7�Yl 8l llll'IfIeSI11111iI1 IP�;BI I;III',eIl(I�I715 IIIOII f1(�l'may then be iorecloseS to satis(y the amowri due un said
<br /> hunJ,and any uther bond for additional�drxnces,tugether wl�h all sums puid by said The C-yui[able 13uilding:�nd Lo�n Associatiun uf Grand Island,
<br /> Nebmska for iiuurance.�ases and ussessments,and abstracting extrnsiun charges,�vith interest tftereon, (rom datr ui payment at the maximum
<br /> Icgalrate.
<br /> + As provided in the l3ond secured hereby,wt�ile lhis mungage rcmains in elfecl the mortgagee may hercaCter advance�dditiunal sums tu the
<br /> �� makers o(snid I3und,lheir assigns ur successors in interest,which sunu shall be within ihe security ol this mortgage the same as the�unds originally
<br /> secumJ thereby,Ihe total amuuN of principal debt not to excced at any time�he original amount of this mongage.
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<br /> u�«a in�� 30th a�y�r July �.i�.,i'� 76
<br /> i �J1C.G�'-����,a�'�1t'��_ /1�/I!� � � �� '. ,��t-��-E\t-L
<br /> t,dames Edward Roberts Q Mary L. Roberts
<br /> STATG OI'NEI3ItASKA, ,
<br /> ss. Onthis 30th dayuf July I? 76 ,belbreme,
<br /> COUNTY OE HALL �
<br /> the undersigned,a Notary Public in and for s�id County,perxmally came � - '. '
<br /> James Edward Roberts and Mar L. Roberts each in his and her own r ht and as sDouse of `�"+".
<br /> Y � ���� d re Persdnally known to N �"'
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<br /> IJ o�;J�e auqyl�;�person S H�hose nameS hc'E affir,cd to the abuve instrumcnt as murttiagor S snd they severally � �
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<br />� � ;� �ek�'ao�vled�l�L�sai�,y�strument to be thei r voluntary act and dceJ. 1�•� ��
<br />"" ,i yr +' r,rT1f Y l �47YP(1S5 my hand and Nutarial Seal tt�e datc afuresxid. . �
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