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<br /> n�oaT��nce
<br /> AtORTGAGG LOAN N0. l. 22,30�
<br /> � KNOWALLAtEN[3YTIIESI:PRGSIiNTS:That Orval E. Voorhees and Doris M. Voorhees, each in nis and
<br /> her own ri ght dild d5 Sp0US2 of each other, p�i�rtgagor,whether one or more,in considetation of Ihe swn uf
<br /> Twenty-five Thousand and No/100------------------------------------------------
<br /> UOLLARS
<br /> � loaned�o said mortgugor by The Gquifable Building und Luan Aswciation of Crand I:Iand,t�ebraska,A1or�gagee,upon 25� shares o(stock of
<br /> . said ASSOCIATION,Certiflcate Nn.L 22 3(�� ,du hereby grnnt,convey and mortgage unto the said ASSOCIA'f10N the fullowing
<br /> . described real esiate,situated in Hall Cuuntj�,1C'ebraska:
<br /> A PART OF THE SOUTHEAST QUARTER OF SECTION ONE (1), TOWNSHIP ELEVEN (11) NORTN, RANGE TEN (10),
<br /> WEST OF THE SIXTH PRINCIPAL MERIDIAN, MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO WIT:
<br /> - BEGINNING AT A POINT ON THE EAST BOUNDARY LINE OF SAID SOUTHEAST QUARTER, NINE HUNDRED FORTY
<br /> FIVE FEET (945') NORTH OF THE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER, THENCE RUNNING
<br /> NORTH ON THE EAST BOUNDARY LINE OF SAID QUARTER SECTION A DISTANCE OF ONE HUNDRED EIGHTY FEET
<br /> (180') RUNNING THENCE 41ESTERLY AND PARALLEL TO THE SOUTHERLY �INE OF SAID QUARTER SECTION A
<br /> � DISTANCE OF T410 HUNDRED SIXTY-FOUR FEET (264') THENCE RUNNIN6 SOUTHERLY At�D PARALLEL TO THE
<br /> f ' EASTERLY LINE OF SAID QUARTER SECTION A DISTANCE OF ONE HUNDRED EIGHTY FEET (180'), THENCE
<br /> EASTERLY PARALLEL TO THE SOUTHERLY BOUNDARY LINE OF SAID QUARTER SECTION A DISTANCE OF T4l0
<br /> HUNDRED SIXTY-FOUR FEET (264') TO THE POINT OF BEGINNING. SUBJECT TO THE ROAD RIGHT-OF-WAY
<br /> OF THIRTY-THREE FEET (33') ON THE EAST SIDE OF THE ABOVE DESCRIBED PREMISES.
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<br /> £ � �ogciher wid� all �he tenemems,tirreditaments and appurtenanres thereuntu brlonging,includine sttached tloor coverings,all window�screens,
<br /> �� �aindo���shades,blinds,storm�vinJows,awnings,heating,a�r cunditiuning,and plumbinF and water equipmen[and acceswries theceto,pumps,stoves,
<br /> �� refrigerawrs.�nd othe�flztures�nd eyuipment noµ•ui hrrz�f ier attached to ar used in�ounectiun��•iih s�id real estate.
<br /> And e'hereas the said murig�gor has:�greed and docs hcreby agrcc th�� the murtcagur shall and will pay all taxes and assessments Icvied ur
<br /> � �ssesud upon s�id premius�nd upon this morteage and[he bund secured thembv before d�z same shall bacome delinyuent:ro furnish epproved
<br /> . insurance upon the buildings on said prcmiscs situated in ihe sum o(S Z5����.Q� p�yable tu said ASSOCIATIO\ and to deli�•er to said
<br /> ASSO('IATIO\�he pulicies tur s�id insurancr.�nd not�o commit or permit any waste un or abuut said premises;
<br /> In case uf default in the pedi�rmance o(any uf the tenns anJ conditions ut�his mortg�ge or the bund secured hereby,the murtgagee shall,
<br /> ou demand,bc entitled tu iimnedi�te pussession u(thz mongugcd picmises anJ the inortgagur hrreby ll5SIK05� tr�ns(crs and sets over to dte
<br /> 1111)fl�'e_L'C2���l�ll`lCI1I5,(2Yf'IllICS:1111�incume to be deri��zJ(rnm thr murtgaged premises during such time as the mortgage indebtedness shall remain
<br /> unpaid;anJ the mongagec shall h�vr die power tu appoint any agent m agents it may desire for thc purpuse of repairing said p�emises and rcnting
<br /> � . the same and cullecting the rena,rerenues and income,und it may p�y out u(SaiS income �II rxpenses o(apairing said premises anS necessary
<br /> cnmmissions and ezpensea incurred in rentinc and manaeing the vme and nf cullecting rent�l� therefrom:the 631ance remaining,iF any,to he
<br /> �pplicd tua�a�d the disch�rge u(s�id rtiurtcaer indchiedness,thrse rights ol the mortgagee may be exercised at any time during the exiscence uf such
<br /> 'c dcfault,irtespecti��c of any tcmporary ti�•aiver of the s�me.
<br /> . 'lhesr Yresents,hu���ever,are upun�he Cunditiun,Th�t if�he said lfurtgagor shall i�p�y s�id loan on ur befure the maturity o(s�id shares 6y
<br /> p�ymrm:pay momhiq to s�id ASSOClATION uf the sum specified in the fiund secured hereby�s inierest and principal on s�id loan.on or before
<br /> 'r; . the Twentieth day uf each and cren�momh,wuil said luan is lulk paid:pay all eases and assessmems Itvied against said premises and on this\IortGage
<br /> aud�he Bond secured there6y.belore dclinyuenq;furnish approved insurance upon�he buildings the�eun in Uie sum of S 25�Q�O.�� Va}��blz
<br /> � to said ASSOCIATIO\;�epay tu said.ASS(}C7ATION upnn drmand all nwnev bp it paid(ur such taxes,asses�ments�nd insur�nce with interest at
<br /> . Ihe tn�ximum legal ra�e thereun from da�e uf pa�'ment all ol which�forigagur hrreby atrees tu pa}';Pe:mit no waste on said premises:keep and comply
<br /> u�iih�II ihe agrcements and cunditiuns oi 4ie bond fu�5 2�>Qp� Q�this duy gi��en by the said\lortgagur tu s�id ASSOCIATION,and cumply
<br /> ���i�h all thc requi�cments u(tht Cunsiitutim�and t�y-Laws oi smdASSOCIATIO'�;Ihen these presents shall becume null and wid,uthecwise they
<br /> sliall retn�in in lidl�i�rct and tn�q bc foreclused at the uption uf thc said :1550C1AT10\ �ftri failurc ior threc months w make any of said
<br /> paymeuts ur be IIIlCC II1U111I1S 111 8tlPJIS 117 II1�Ii111(;S:IIII I11UOL�II)'�9}'II1CIl1}�Uf lU I:l'C�BIIII CUf11PI)'R'1II7 fI1C B�ICI'p1Cf1IS BfIII l'00(II(IUf1S Uf S�I(I I)OIItI:
<br /> JII��I()fI�;:If;Uf J4fl'l')IU V7�1't'J(l'Ll'I\'L'f 3�)V�II1I�lI��Illll\4'11I1 IIl Slll�l�(Iil'l'IUSUIC Pll/l'ul'l�lllf:5.
<br /> I�IV1l�C IS:111)'L'IIJII�;L'111(IN'Ill'fllllP l/I IIIC fl'�I l'Sl:lit'I�l1fl�;1�C(I IlPfl'Ifl���'SA�[Uf othcrwise,ihen the 211f1[l'fCt7181Ni1b inde6tednzss hereby
<br /> xcurod sh�ll,a�the option ul'Che tiquitable building and Luan Aswciatiun uCGrand IslanJ,Nebraska,become immedia�ely due�nd payable without
<br /> funher nmicr,und the anwunt remaining�Juc under said bund,and an��other hond lor airy addition�l ad�ances made thereunder,shall,from the
<br /> dare ul exercise o(s�id uptiun,bcar intcrest at dic ntuximum Iegal mlt,and Ihis ntun�age may then be Ibrcclused to satisfy the amount duc un said
<br /> bUpII,�I1lI:1I1)'UIIIL'(IlOI1lI�0I i1ll(IIIIOIIJI J(I1'JOCCS,[O�'L'(I1Cf\�9II1�II S11I115 P�I(I I7�'S]I(I CI7C L'[�UIlBbIC Building and Luan Assuciation ol GranJ Island,
<br /> �rbraska(or insur�nce,taxei and assesvnents,and a6stracting estension cha�ges,w•ith interest thereon. from date u(payment at the maximum
<br /> S �C�';1�f812.
<br /> :1s provided in the 8ond secured hereby,while this mortgage irm�ins in efYect the mortgagee may herea(ter advana additional sums tu the
<br /> makers of said Aund,their assigns ur successors in in[erest,whicli swns shall be within the srcurity of this morigage the s�me as thr funds uriginally
<br /> ucured Ihetrby,the mtal amuu ui princip�l deb�not io excecd et any time the n�iginsl amown ot this mongage.
<br /> + �<<a a��, 2ot �'> ' Au us t , ,� �,.�� �6 .
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<br /> < '-t�aX ( 2CL.4 �1//� C: ,.j /,� .'.I
<br /> Orval E. Voorhees o'ris M. Voorhees
<br /> STATE OF NLDRASkA,1 ss. On Ihis Jay of 19 ,before me,
<br /> COUNTY OF IIALI.� 20th August 76 ; .
<br /> � �he undersigned,a Notary Public in and fur said County,personally eame �
<br /> �vs�C.� Voorhees and Doris M. Voorhees, each in his and her own right and as sp0use of N �
<br /> �f,@�h��h�1,t, wlio dre Personally Anown tu j '
<br /> ��� 9'' ��
<br /> l �"m�'1qb l�����i4�iit`c4��son 5 w�husc name s a r e �ftixed to the above insuurnent�s murtgagor S and t h e y x�rrallp d....
<br /> f aetdowitdged ttiers.tid inZtjument tu be thei r �'olun�ary act and decd. �`
<br /> s�' ;�a, ; t'r�rn,i �
<br />�c �:i . ..i;.,µ'I�tifs3S my hand and Notarial Se�l thr,,datn a(oresaiJ. � � tt�
<br /> Eri '1 � :'� ,Tip Cortl{nission expircs��.ti.�;_1(u�'T ,���� ��L���,,1,; . . � �.,t.•�t
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<br /> J� T >utary Public
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