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<br /> nioaTcnc7li LOAN NO..� 79�286
<br /> � n�vown�LnteNavT�iesr:Paesr:NTs:Ti�:�i Richard W. Samuelson and Orva G. Samuelson, each in his
<br /> ; and her own ri ght dild d5 Sp0US2 of each other, h��rtgagor,whether one or more,in cunsideration uf the sum of
<br /> ' Seventeen Thousand and No/100-----------------------------------------""-""""-oo��nas
<br /> �� loaned lu said inorlgagor hy The liquitable 13uilding and Loan Associa�iun o(Grand Island,Nehrasl:a,Atortgagee,upon ��� shures of slock of
<br /> - said ASSOCIATION,Ccrlificatc Nu.L Z2�286 ,do hcreby grant,cunvey and murtgage unlo the said ASSOCIATION the fulluwing �
<br /> ' descrihed real atate,situuted in H;�II Cuunty,Nebruska:
<br /> LOT TH'REE (3), IN BLOCK ONE (1), IN
<br /> PLEASANT VIEW FOURTH ADDITION TO THE
<br /> CITY OF GRAND ISLAND, NEaRASKA.
<br /> � '
<br /> logetl�er with all �he ceuenrenu.hercditaments and appurienances therauntu belonging,including al�ached tlour coverings,all window screens, .
<br /> window shades,6linds.stumi windu�as,a���nings,heating,�ir condilioning,and plumbing and warer ryuipment and accessories Ihercto,putnps,stoves,
<br /> � refrigeralors,�nd uther fixtures and eyuipinent no�v ur hereafter auached w ur used in cunnectiun with said real esta�c.
<br /> And whereas the wid mortgagor has agmed und does hcreby agne th:rt the�rwnga,u�shall;�nd will p�y all taxes and xssessments levied or
<br /> � assesmJ upun said premises and upun this mortgage anJ�he bond secu�ed therebv be(ure Ihe same shall become delinyuenC to(urniih approcad
<br /> � insurance upon the buildings un said pmmises situated in die sum u(5�J����.�Q papable tu said ASSOCIAI'ION and to deli��er w said
<br /> t . ASSOCIATION the pulicies fur said insurance:and not�o commi�or permit any waste on�,r abuut said premiser, .
<br /> � In casr u[delault in�he perfurmance uf any of tha terms and conJitiuns of this mortKage or thc bvnd secuced heceby,llie mortgagee sl�all,
<br /> C� : un demand,bc rmi�led to immediate possession uC the IllUf(�;B�;CII PfCI711St`1 and the murtgagur hercbp assigns, transfers and sets over to tl�e
<br /> II10(l�,".ISfC:III llll`fL'I115,[l'VPIlUPS�I1lI Iflll/illl'�/)I)l`lIl'fIVCII�fOfil lI1C ITIIIII(;8�1'lI�fr111151'S IIUfIIIKlUlI7IlI71C US lI1C IIIUfIs8�2 I111I[blGd11CS5 SII�IIlCI17:l1I1
<br /> . Uf1�1811I:8111I lI1C Illll�l�;:l�'2C SI18II II:IVC(IIC�Ut\'Cf IU J�/PUlill:II1V 8�l'fll Uf e�;CI1lS Il III:IY�CSIIC�Uf��iC purpuse uf rcpairing said premisos and renting
<br /> � the ume and collecting the rents,revenues and income,and ii may p�y uut ul said income all expenses uf cepairing said prcmises and necessary �
<br /> � commissiuns and expensts incu�red in rcnting and managing the same and uf collecting rentals therc(rom;the Ualance remaining,i(any,tu be
<br /> � applieJ toward the discharEc ul said inortFage indrb�edness:these righl5 0l ihe mortgager m�y oe exercised at�iq�time during the existence of such
<br /> de(ault,irrespective uf an}�tcmpuraiy e�aiver uf�hc samc.
<br /> � These Prexnts,howecer,a�e UrUll Illl'COOlIIl1U0,�Il:1I II IIIC SJIII�IUfI�;J4�f SII�II repay said lo�n un ur be(ure ihe m�turity uf svid sh�res by
<br /> paymem:pay munthly�o s�iJ ASSOCI.4TI0�uf ihe.um speci�ied in thc Bund securcd licreb��as in�erest and princip�l on said loan,on ur 6elure
<br /> �' l�ll'�\1'tlllll'1�7�:I)'U�C�l'�l'JIII�L'Vl•I1'Illllfll�l.11llll�S:II��U:1I115�11��\'(�81�.Pe\':1��l;l\l'5 8I1(�e55C55111C1115�C�YI'l�81C81I1S1 5811��1fC1111SC5llI1�UR L�71$��U�I�'J�'C
<br /> and the Elond secureJ thereby,beforc delinyuencp:(wnish appwveJ iiuuranee upon ihe buil�ings thercun in die sum uC 5 �����Q.O� I��yable
<br /> i� . io�:�id ASSOCIATION:repay w said ASSOCIA'I'10\npun dernand aIl mune��b��it paid Iur sud�tasrs.�ssessmen�s u�d insurance with inte�est at
<br /> �; ihe maximtun Iegal raiu thereun Irum Jate of papment all u(which�lort�;agur hereby agrces to pay:pennit nu waste on said premises;keep and cumply
<br /> «�ith all the agteemtnls�nd cunditiuns u(die Rond Im S�J OOO.00 �his day given by Ure SaiJ�tortgagur ro said ASSOCIATION,and cumply
<br /> H itl�all d�e requiremenis of die Constitutiun and E3y�Laws o�ssid A5S(H'IATIDN;then these presents shall becume null and auid,otherwise they
<br /> sh�U�cmain in ful!lorec anJ may bc fu�eclused�i the uption u(the said A55(X'IA'IION aficr failurc for th�ee months tu make any uf said
<br /> �18}'I➢CIIIS UI ht IIIII`C IIlUI11I15 IIl BlffJfS IIl NdF:111K l'SIII IIlU11lIlI1'Pe}'i11tIlI5.Uf!U keep und cumply with die agceemems and cunditions of said[fund:
<br /> . :mJ Morigegur agrees iu liace a receivrr appuinied tbrt�nai�h in such fu�edusu�e prutecdings.
<br /> If therc is:un�change in u�vnership ul thc rwl rsiate murlgaged hc�ein,by»]c ur utherwise.�hee Qie entire rem�ining indebtedness hece6y
<br /> secured siiall,at the optiun of The fiquiluble Eiuilding and Loan Assuciation uf Giand IsI:mJ,tiebrxska,become inunediatelq due and payable without
<br /> . Cunlier nu:ir.,and the amuunt mmaiuinE duc under said bond.and any uther bund fur any aJdilional advanas made theceundcr,shull,frum d�e
<br /> � Jare ol exercise o(said option,bear inrecest at the m�ximum Iegal raic,and�his murlgatie may tLen be[ureclosed to satisly the amounl due un said
<br /> bund,and uny o�her bund fur additional adeances,IO�I'1�1C!K71I1 8II S111115�/:111I by'S811I CIIL`[yuitable Building and Lu�n Aswciatiun of Grand Island.
<br /> Nebraska fo�insurancc,taxrs and asscssmcnts,and absiracting cxtensiun rha�ges,w'ith interes� �hereon, Irum dale ut p�ymenl at tht maximum
<br /> Icgal ratc.
<br /> As provided in the I3ond stcured he�eby.while this murtgage remaius in effect �h�mortgngee may herea(tar advunce additional sums tu tl�e
<br /> � f118ICCf5 U�SJIII UQOII,lllCl(8S51�I1)Uf SIlCCCSSOfS IIl l(lll'fl'Sf,N'Illl'Il SUI113 SI18II�C within the securiry of this nturtgage lhe same ns die funds originally
<br /> ; � xwrcd thcrrby,ihe�oial umounl ut principal debt nul tu cxceed at any time the o�iginal amuunl uf this mongugr.
<br /> ���«a u��s Qrth = a;�y��r August {/,�.o.,is>76�J , .
<br /> .Lc�I�i,l. ��,�I At� ���� tti,t�` �/,�%�f�/ .'V• �`;Y c?�7��: .C_��-Sc�—dJ✓
<br /> Richard W./ inuelson Orva G. Samuelson
<br /> STATEOFNGBRASKA, 9th ����� AU USt I9J6 ,befureme,
<br /> ss. On tf�is 9
<br /> COUNTY OP HALL ,�I . . ,
<br /> Richard W. Samuelson and Orva G. Samuelson, eac}i°in`�i"s`�'anc�`'�i�erbowna'r'ig�i���an`c'I1°aY��'spous�`�o� '' '
<br /> � `:.
<br /> � each other, ����� are persuually knuwn to ?, '
<br /> a
<br /> me to be tlie identical perso�S }+hose name S d 1'B affixed tu the abuve instrument as mortgagu�5 and they sn•erally
<br /> y; acknuwleJged the said insirumeN to be thei r vuluntary x�aud decd. � � '.
<br /> 14ITNI:S$my l�and and�otarial Seal the dale aluresaid. � . ,f �� tt) ��
<br />� � ' . ::..hly Cotn�iiissioq expires �������7�_ ���'�1
<br /> -�� � Va�ar Public
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