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<br /> nfoRrcnce
<br /> �tORTGACf:LOAN N0.. �- �'-✓�✓�o _
<br /> � I:NOWALLAtENI3YTf�rsrrar•sr:nTs:Ti,�� Robert John Baker and Judy L. Baker, each in his and her
<br /> own right�.and as spouse of each other,
<br /> Morlgagor,whethet one or more,in wnsideration of the sum of
<br /> Twentv-eiqht Thousand Eight Hundred and No/100---------------------------------- poL�Aas
<br /> loaned to said nwrtgagor 6y The L•quitable Duilding and Luan Associstion uf Grand Island,Nebraska,M1fungagee,upon 288 shares of stuck of
<br /> � said ASSOCIATION,Certificate No.L ,do hereby grunt,com�ey and muriguge unto Hie said ASSOCIATION Ihe folluwing
<br /> described real eslare,situated in Ilall Cuunt}•,Nebraska:
<br /> : LOT THIRTY-FIVE (35) IN SASS SECOND SUBDIVISION
<br /> LOCATED IN SECTION FOURTEEN (14), TOWNSHIP ELEVEN
<br /> s (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M.,
<br /> IN HALL COUNTY, NEBRASKA, ACCORDING TO THE RECORDED
<br /> :
<br /> PLAT THEREOF.
<br /> i: � together «�ith aIi the tenements,heredit�ments anJ�ppurtenances thereuntu belonging,including attached llour coverings,all window screens,
<br /> . wiudow shades,blinds,stmtn windo�vs,awnings.heatin�,air conditiuninK,and plumbing ar.d water eyuipment and accessories thereto.Pumps,stoves. .
<br /> � refrigeratoa,and odier fix�ures and equipment now ur he«a(ter:�ttached tu or used in emmectiun with said real rstate.
<br /> G :
<br /> - And e•hereas the said morlgagur h�s agrecd and dues hereby agrec ihat the mort�agor sh�ll and will pay all taxes and assessments levied or
<br /> � assessed upon said premisas and upun this murtgagc and the bond secured thrrebe be(ore the same shall become delinyuent;ro furnish appmved �
<br /> insurance upun the buiWings un said prcmises situated in the sum uC 5 ZH�8�0.�� p�yable �o said ASSOCIATION and to deliver to said
<br /> � ASSOCIATIO\the pulicies for said insuranee;�nd uot tu commit or permit any waste on ur�bout said premiser. �
<br /> ' In case uf default in ihe ledbnn�nce ot�ny al the terms and cunditiuns u(this nwrte�ge ur the 6ond secured hereby,the mvrtgagee shall,
<br /> � - on demand,be emided to iuvnediate po�sessiun o(the nwng�geJ premises and the morigacur hereby assigns, transfers�nd se[s over to ihe
<br /> _ nwrigagee all the rents,reeenues and incume to be deri��ed[rom the mortgaged premises during such time as the mongage indebtedness shall remain
<br /> unpaid:and Ihe mnrtgagce sLall hare the puwrr�u appuint any agent or�gcnts it may Jcsirc for thc purpuse o!rcpairing said premises and renting
<br /> , the samr and cullecting the rents,revenues and income,and it may pay out of said income all r�penses o(repairing said premises and necessary
<br /> 2' cummisciuns and expenses incurred in renting a�d managing the samr and uf coflecting rentals dierefrom; the bxl�nce remaining,i(any,to be �
<br /> applied�oward Ihe disch�rg�of said mun�age indebtedness;these rights oi�he murtg�gee m�y bz exerciud at�ny time during the existence of such
<br /> - Jcl�ul�,irrcspective uf any tetnporan'«'aicer ol the s�me.
<br /> f� -. These Presents.hu�eevcr,arc upun thc Cunditiun.Th�t if thc s�id 11or�ga;ur slmll repa}�s'aid lo�n un or bcfore thc m�turity of said shares by.
<br /> r � p�yment:pay munthly to said ASSOCI:\TION nl ihe sum specificd in ihe Eiund secwed heie6��as interest and princip�l un said loan,on ur befure
<br /> ;� . the Twenticth day ut each and e��cry munth.until s�id luan is fuliv paid;p�y all t;ises xuJ auessments levied against said premises and on tfiis�tungage
<br /> � aud Ihe Bnnd secured thc�eby,befi,re delinyuenq:lumish app�ond insurancr upun the buildings tlieroon in d�e sum u�5 28�800.Q� payablr
<br /> � «�said ASSOCIA7l0'J;repay tu s�id ASSOC'1,1TIOV upun dem:�nd all muuey by it paid(ur such taxes,assessmen[s�nd insurance with interest at �
<br /> tl�e maximum Icgal rate thereon(rum date uf p���ment all u!�vhich Alurteueur hereby�giees to pay:pennit no waste or.said premises:kenp anJ cumply
<br /> . x�ith all the agrcemenis and conditfuns u(ihe 13und(o�S 2$,$QQ.QQ this day gian 6y the said 1lurtgagor tu s�id ASSO(:IATION.�nd comply
<br /> ; wiih all the requi�emm�ts of the Constiiution and Iiy-Law�s of said ASSOCIATIO\;then these presents shall become null and vuid,utherwise they
<br /> sh�ll remain in I'ull(urce�nd may be lored�»ed at thr optiun o(ihe s�id ASSOCIATION after failure ti�r three munths to make any ol s�id
<br /> . �taVments nr he Ihree inunihs in:urears ill[t18Ai�ly c;(i�J Itinilll�ly(�aytlll•rIL,pr tp l:re�+a[n�rup,alyµ�j�h(I;..,p.r?;nn,:(5 317,1 C0•l,IthO^5 e�;f:Yi�o:IL;
<br /> and Mor�gagur agree�w have a receiver�ppumled(urthwith in such(ureclusure pruceedings.
<br /> � if�hcrc is any chanEr in owncahip uf the re�l estate mongaged herein,6y sale ur olhcrwise,then the entirc remaining inde6tedness hereby
<br /> � securcd shall,al�he uption uC The Equitable Duilding and Luan Aswciation uf Grand Island,Nebraska,becume immediately due and p�yvblr withuut
<br /> furiher notice,and tl�e amount rem�ining due under s�id bund,�nd any olher bund fur any additional ad�•ances made thereundrr,shall,Gom the
<br /> ; . date uf eaercise of said option,bear interest at die m�ximum legal raic,and this murtFage mny then bc(oreclosed to satisfy the smuunt due on said
<br /> bund,and any uther bund lor aJditiun�l advances,tugether with all sums paiJ by said'17ir Lyuit�ble Building and Loan Aswciation ol Gr�nd Island,
<br /> ` Ntbf85IC:1�O(IOS11f011C1•,[ll%l'S JIl(I JSSCSSRIC0I5,JIl(I 8I1SIf�l'hilb l'SlCI1SIU11 l'I187FL'S, \YIIII interest diereon, Irom date uf payment at the maximmn
<br /> �� legalrate.
<br /> As pruvided in thr 13ond secured hereby,whilr�Lis murtgege rem�ins in e(lec� the murtgagec m�y hereafter xdvance additional smns tu the
<br /> , m3kers ul said bond,their assigns ur successors in interes�,which sunu shafl be wi�hin the secuciry u(this mortgage�he same as the(unds uriginally
<br /> secured therrby,Ihe total�mount��(principal drbt no�to exceed at any time the original amount of this murtgage. �
<br /> y � �l:il�l�1�113 (/.� �S\'U� '�4 �7 .�.�)..����� -��
<br /> {., ` "'—'� '.�O�l/ "� ,�� -v�/. xc '.�� � �_\%�.f,�'
<br /> Rbbert Jq n Bak r dudy L aker
<br /> a
<br /> STATG UF NEBRASKA,�ss. On tl�is 1,p ,�,,, duy of ��' V 19�L ,before me,
<br /> COUNTY OF HALL � ;
<br /> the unJersigned,3 btary Puhlic in and lor said Counry,personall wmc � � 'N���_�'�
<br /> Robert_John Baker and Judy L. Baker, each in his and her own r.ight and as spouse of each
<br /> OthBT ��� ��-���� µ'ho dre personally known to . � � ,�
<br /> � �mr-�xrbathe iJenlicat person S whose name s are aftixed to the obovc insuument as mortgagor 5 and they se�-erally I C� �
<br /> �- .
<br /> '�aclulowledged O�csaid instrument to be thei r voluntary ac[and decd. . �� �
<br />` � � � WITNFSS my hand and Notxrial Scal thc date aforesaid. '�� , , n �
<br />^, Aty Commiuiun expircs �����i �GI"'�, i �9} �t�(
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<br /> } \ tiotary Public
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