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<br /> ----- a�oiz�cnci•:�o�nno.�. 22,316 �4GIC
<br /> If:NOW ALL�1L•N UY TII@SC PRGSGN7'S:That James L. Gade and Mary C. Gade, each i n hi s and her own I �
<br /> right and as spouse of each other,
<br /> Mo�lgagor,whethcr one or more,in consideretion o(the sum uf
<br /> Twentv-four Thousand Seven Hundred Fiftv and No/100-------------------------------uoL[.aass
<br /> loaned lo suid nwrlgagor by The f:yuitable Nuilding and Luan Associaliun of Grand Isl�nd,Nebraska,hlnrtgagee,upun 247 shares uf slock of
<br /> said ASSO('IATION,Certificate No.L Z2�3�6 MGIC��hereby gram,cuncey xnd mortgage untu the said ASSOCIATION tl�e tollowing
<br /> dcscribed real estate,si�uatcd in flall County,Nebraska:
<br /> LOT SEVEN (7), IN BLOCK "C", IN "PARKVIEW SUDDIVISION", LOCATED
<br /> IN TNE NORTHEAST QUARTER (NE;) OF SECTIOP! TWENTY NINE (29) AND
<br /> THE NORTHWEST QUARTER (NWa) OF SECTION TWENTY EIGHT (28), TOWNSHIP
<br /> ELEVEN (11), NORTH, RANGE NINE (9), 'vlEST OF THE SIXTH P.M.
<br /> �: ':.
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<br /> . tugether with all the tenemen�s,he�editaments and appurtenauces thereuntu beloneing,including attached fluor coverings,ali winduw screens,
<br /> window shades,blinds,s�orm aindou s,ax�nings,hrating,air condiliuning,and plumbing and wuter cyuipnrent and xccessories thercto,pumps,stoves,
<br /> re(rigrrators,and other fixtwes and eyuipment now ur hereaf[er�ttached to or used in connec�imi�eith said real estate.
<br /> And whereas Ihe said mortgagor has agred and ducs hereby acree that the mortg�eor shall vnd will pay aIl[axes und anessments levied ur
<br /> -� asxssed upon said premists and upon this mortgage and�I:u bond secured thereby bafure the s�me sliall bncome delinyuent:to furnish appruved
<br /> insurance upun the buildings on sxid piemis�s situuted in the sum uf 3 24 750 00 P�!'��h�� �� said ASSOCIATION and tu deliver to said
<br /> ASSOCIA7ION the pulicies for said insurance:and not tu cmnmit or pemut�any�vaste on m about s�i�premises;
<br /> � In c�x of default in the perfnrmantt o(�ny uf die terms and cundition�u(this mungage or the bond secured 6ereby.the mor[gagee shall.
<br /> s�,' �� un demand,be cntiiled ro immcdiate possession uf die mortFsgad premises and thc murt�;agur herebp assigns, trans(ecs and se[s u��er tu qie
<br /> martgagee nll�ha rents,rerenues and incume tu be dericed irom the murtc�ged premises during such time as the mungaee indebtzdness shall remain
<br /> 11I1�811I.BpII llll'f110f1C]El'l SVI�II Vl:l\'P lI1C�O15'C(fU 9�J�lUlfll:llly'il�ent or agcn�s it mae desire�or d�e purpwe o(repairing said premises and rcnting
<br /> � the s�me and collecting lhe renu,revenues and incume,and it m:iy pay uut of said incume �II expensas oC repairing said premises and necessxry
<br /> � cununissions and expenus incurred in rentine and managing�Le vnte and o(collectinc rentals the�efrom:the balance«maining,i(anY,tu be
<br /> ' .ipplied tuward ihe Jischurge of said marteage indebtedness:these rights ul the nwnpagec m�y be exercised at any time during the existence ot sud�
<br /> � dcf�uh.irzaspective uf any iempo�ap�waiver o(the s�me.
<br /> i. � Thesc Presents,hux'ever,are upun the Cundition,That if the said 9longagur sh�ll repay s�id lu:�n on ur be(me tha maturiry uF said sh�res by
<br /> - pay'mtnt:pay m��nthly to s�id ASSOCI 1TIOV u(the sum�prci(ied in the�fund secureS hereby as interest snd princip�l un suid luan,on or belbre
<br /> the T«'en�icdi day uf eacit and c��ep'monlh.until said lu�n is fully paid:paY ail wxei and assessinents leried against said premixs and un this\lorte�ge
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<br /> 5. � and die Uond securcd thereby,be(ure delinyuency:furnish�ppru�•ed insurance upun the buildings thercun in the sum uf S Z/}�75Q.QQ payablt
<br /> � to said ASSOCLATIO\;�rpay tu said:1550C1A1�101 upun Acmand all muney ny�����a r�,�su�i,��.�5.�s��»�„�„ts�„d insurnnce with in�erest at
<br /> .. the maximum Icg�l�ate thercun irom datc ul payment ail uf which 1lungaeor hereby agrees m p�y:permit nu wasce on said premises;keep and cumply
<br /> ti �+itli�II the aerecmcnts�nd cnnditiuns of ihe Iluu�for 5 24 7�C�(� �h�s d�} gn'en hy d�e said lfongaeor tu vid ASSOCIATION,and cutnply
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<br /> wiih all thc reyuiremems of ihe Cunstuutiun and liy-Laws o(i�i SS 'IATIO\:ehzu ihese presznts shall become null�nd void,othenvise thay
<br /> shall �emain in full iurre and m�y bc lu�ecluud:u the optiun of ihe�aid ASSOCI:\1�IOV ufter failure fnr threc momhs to m�ke any oC said
<br /> .. paymems ur be threc munlhs m ar�rars in ntakmg said ntontldy payments.ur tu ketp and cumply�vith the agrcements and�unditions u(:aid Bund;
<br /> � and\lurtgagur agrees to have a receiv�r�ppuinted(orlhwith in such fo�eclusure pruceedin4s.
<br /> I�lllffL'IS Al1V[Il:IIICI'111 UW'77CR�71�1 U�Illl'fCBI CSf:lll'IllOfl�'8Ll'fI Ilifl'1I7.�\'SdIC ur utherwise.then the enure remaining indebtedness he�eby
<br /> ��. secu�ed shall,at the uption u(The I:yuitablc ltuilding and Luan Association ul GrunJ Island,Nebraska,bewme immediately due and payable withuut
<br /> � further nutice,and the amoun( remaining Juc unJe�said bond,and any other bund fur any additional ad��ances made thereunder,shall,(mm the
<br /> datc uf exercise of said uptiw�,L+car imerest at�he m�ximum leg�l rate,ar�d this mortgage ma}�th�n be foreclosed to satisfy the amount due on said
<br /> . bund,anJ ai»�other bunJ fur additional advances,toge�her u-ith all sums paid 6y said The Lyuitable Building and Luan Assuciation ol Grand lsland.
<br /> 1. KPF1fdSR��Of If1S0f;IfICC,l8%CS 8111I fl51CS5fOl•IIII,Jfl(I JbSlfll'LIfIC L`X(l`OSIUI7 l'Il�f(!CS,N91I1 interes� thereon, from date u( payment at the maximum
<br /> kgal cate.
<br /> As provideJ in Ihe Hond secured hereby,while this nwrtgage rcu�ains in e(lect the murtg;�gee may hnreafier advance additiunal sums to thc
<br /> makers ul said 6ond.their assigns ur successors in inte�est,which sums shall b�within the security of this mortgage the�ame as the Cunds u�igin�lly
<br /> � secured thereby,Ilie toial amount o(principal debt nut tu excetd�t am�time the uriginal amount uf this mortgage. �
<br /> �� n�«d�f,�s 30th j d:�>-„r August ,.u..�v 76 - � /
<br /> � � , �f "� ��� -
<br /> •i<�: �i(�� + !(f!� �1 ` ��' i(l_ l !
<br /> James L. 6ade � t4ary C.; aZie
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<br /> f STATG OF'JEBRAS}:A,�
<br /> ss. On this 30th ��Y°� August I�� 76 ,be(urc me,
<br /> COUNTY OF f1ALL �
<br /> the u deaigned,a Nqtar•Pu61ic'n and for said Count�,perso�ally came . �'.Y.,,,:'�:_` �
<br /> James L. Gade and Mary C. Gade, each in his and`�er own righ�t an� as spouse o� each otner, Nt;:
<br /> � . .: �`, whu a re person�lly known tu .
<br /> a
<br /> ��e to ba�he,Fdent�c�l�erson 5 H�hosc name5 are �������to the abuce inst�ument as morty:ago�S J°d they severally �.
<br /> a}i:nnwledge�tltt,said�(nsuument to be t hei r volunt�ry act and dced. � '
<br />�: � � 1QITtiCSS my hand and Nutariul5eal Ihr date�furcsaid�.1 1 1 �
<br /> .. ... .�p(Y Ccirhmission expires �� 1/ 3\ 1� 1� �� ' '�> � ,C...�� ..
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