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<br /> n�oa�rcnc,e�onN n�o. � 22.258 t4GI C
<br /> r I:NOWALLhiL'NdYTHF.SEPRESrNTS:TIixt �ohn P. McGlynn Jr. and Bonnie J. McGlynn, each in his and
<br /> I her own right and as SPOUSB of each other, Mortgagor,whetheroneormom,inconsiderationofthesumof
<br /> • Forty-two Thousand Three Hundred and No/100---------------------------'-""""""'DOL�ARs
<br /> loaned to said murtgagor by 7'he ISquitable Building and Loun Association of Crund lsland,Nebrasl:a,t+tortgagee,upon 423 shares of srock of �
<br /> � said ASSOCIAT[ON,Certificate Nu.L 22�ZSBMGI C�do hereby grant,con�•ey end mortgage unto the said ASSOCIATION the(ollowing
<br /> . described real estatc,situated in Hall CnuNy,A'ebraska:
<br /> LOT SEVEN (7) LE HEIGHTS FOURTH
<br /> SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> . �ogether with all the tenements,heredii�menis and appurtenanees thereuNu belonging,including attached Iluor curerings,all window screens, .
<br /> window shades,blinds,storm winJows,a�snings,heating,air cunditiuning,and plumbing�nd wnter equipment and•accessuries thereto,pumps,stoves,
<br /> refrigerators,and other fixtures and equipment nuw ur herea(ter�uached tu or used in connection«�i�h said re�l estate.
<br /> - And u�hereas the said mortgagur h�s agreed and does hereby agree thal the mortg�gor shall and will pay all taxes and assessmrnts levied or
<br /> . aucssed upon said premises and upon this mortg:.ga and the bond securcd Uiereby bel'ure thc same shxll become delinyuent;ro Cumish approved
<br /> ', insurance upon the buildings un said prcrnises si�uated in the sum oC S 42�300.0� V�)'ible to said ASSOCIAT70N and tu deliver ro said
<br /> . ASSOCIATION the pulicies for s�id insurance;and not to cummit ur permi�any waste nn or about said premises;
<br /> �, � In cau of defuult in d�e pedbrmance of uny of the terms and conditions of this murtgage ur die bond secured hereby,the mortgagee shall,
<br /> . on demand,be entitled w immediatc posression of thc mortgaged premisrs and the murtgagor l�ereby assigns, trmu(ers and sets uver to the
<br /> mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the murtgage indebtedness shall remain
<br /> unpaid;and the mur�g�gee shall ha�•e the pu�ver w appoint any agent or agen�s it may desire fur d�e purpose of repairing said prcmises and renting
<br /> the same and cullecting ihe rents,revenues and income,and it m�y pay uut uf said income sll expenses of rep�iring said premises and necessary
<br /> `' � cummiuiuns and rxpenees incurred in reming and managing die same and oC cullecting rent�ls therefrom;the balance rcmaining,if any,to br
<br /> � applicd toward thc dixhargc of saiJ monFaEe indebcedness;thesa righls of tlie mor�gagee m�y be exercised at any time during the existence oC such
<br /> � - de�ault.irrespectiee of any temporacy w•aiver uf the same.
<br /> k . �I1PSl'PICSL'11I5,IION'C�'l'f,�(2 U�1U11 II1C CLI1lI1[IUII,I Il:ll I�lI1C SdIS UOfl6;f�Uf SI19II(C�18)'S:fld IU811 UIl UI belbre thc maturity uf said sh�ms by
<br /> � payment:pay monthly�o said ASSOCIAIION u(thr sum specified in ihe Bund securcJ hereby;�s incerest and principal on said loen,on or be(ure
<br /> IIIC TWl'IIIICII1l��V UI C8l'II LIl(�l'\'CfV Ii1Pplll.11lllll S:ll(I IO:lll IS�l1II)'PdIII�PS\'8II I:IXI•5 e01I85S1`SSIPCO�S ICVICII e,l,'LlI15l SJId�1[BfIIISCS dI11I UIl IYIIS��0(16�KC
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<br /> �. �� and the Uund secumd there6y,beli�re delinquency:furnish approved insurancz upun�he buiidings therzun in d�c sum oi S Q2�3QQ.QQ P�y�bl� � . ..
<br /> to said ASSOCIATIOU:rcpay iu said ASSOGATIO�upun Jemand all nwney by it paid fur such t�xes,assessments and insurance with interest at , , i
<br /> � the maximum legal rate thcreun ftum date o(palanent all o(which Dtortgagur hereby agrees tu pay;p:emit nu waste on said premises;Aeep and wmply
<br /> . wich all the agrcements and conditions ol thc Dond(or S 4Z�3��.�� ����5��Y 6��'en by�he vid pturtgagor tu mid ASSOCIATION,and comply
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<br /> with all the rcyuiremrnts uf the Cunstitution�nd Ei}'-Laws oC said ASSCX'IATION;then tliese presants shall become null and void,utherwise they
<br /> ; � shall remain in full Ibrce and m�y be fureclored at the opeiun ul'the said ASSOCIA'I�ION after failure fm ihree months w make any o(said ,
<br /> payments ur be three munths in xires�s in making saiJ monthly papments,or w keap and cumply with the ag�eemems and conditions ui said 6ond; �
<br /> s� and�tortgagur agrces tu h�ve a receiver appuinted forqnvi�h in such foreclusure pwaedings.
<br /> If ihere is any ch�nge in uwnenhip uf�he reaI rstate mongagcd herein,6y s�le o�othcrwise,then the entire remaining inde6tedness hereby �
<br /> securcd shall,at du op�ion uf The Equiteble[luilding anJ Luan Assuciation ul'Grand Islxnd,�ebraska,become immediately due anJ payable without
<br /> . further notice,and�he anwunt remaining due under said bund,and any other bunJ(ur any aJditiunal advances m:�de thereunder,shall,from the
<br /> - dare of exercix ol'said option,beac interest at the muxinmm legal ra�c,and ihis mortgage may then be(oreclosed to satisfy the amuunt due on said
<br /> bond,and any uihcr honS for additiunal advances,toge�her with all sums psid by said 7'he Lyuitable Building and Loan Associa[ion of Grand IslanJ,
<br /> Nebraska for insurance,taxes and a�sessments,and abstrac�ing extension charges, with interest diereon,from date uC payment at Ihe maximum
<br /> legal mte.
<br /> As pruvided in the BunJ secured hereby,while this mortgagc remains in rflect die murtgagce may heceafmr�dvance additional sums to the
<br /> maken uf�id Bond,lheir assigns or successurs in interest,which sums sf�all be within ihr ucurity ol tl�is murtgage the same us the Cunds originally
<br /> � ucu2d ihereby,the total amount oC princip�l debt not tu exceed at any time ihe uriginal amounl of this mortgaga.
<br /> t u��;�ctys'{� 27tfi i a�y.�r July �.,� ��� 76 � ��
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<br /> ; �l. �.�/�, ����/i' '�./� ,' 7 ' �� ' ,
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<br /> ` TbFn'P:��c� ynGT n�r.� / �3onme J. NcGlynn � •;
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<br /> STATB Of NGBRASICA,�ss. On this Z�th ��Y�� �U�y 19 ]( ,before me,
<br /> COUNTY OF t1ALL „I
<br /> the under5igned,a N tury Public in�n for saiJ ounty,pe�sonally c e ��f;'���
<br /> John P. McGlynn Jr. and Bonnie J. I•icGlynn, each in his and �ier own rig�t anc�as spouse o� �N`�,:
<br /> �y�1O a re personally known to
<br /> each other, � '
<br /> .;..;,�,s
<br /> L, me tu be the identical person S J.>ti�l!�1e.n1u��'�I. affixed to the abovr instrument es mortgagor S and they severally
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<br /> acknowledged the said instrume�F t8 be_.• .T�1p7C�!�j. w�lary acl and deed. �� ��
<br /> WITNESS mk�('nd.�nd Not�n�l�$e�tfj���t�aforesaid. ^ �
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<br />;# ���' ' �! �otary Public
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