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<br /> n�oaTcnce�onN No. �22,230 � �
<br /> ^ K1�OWALLAIL•NBY'CIIl:SLPRLS@NTS:1'hat Robert J. 6aker and PQary L. 6aker, nis wife, and
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<br /> Robert �ohn Baker and Judy L. Iiaker, his wife, ptorlgagor,whntheroneonnore,incunsideratiunufthesumof
<br /> ' Fifty Thousand and No/100----------------------------------------------------------ooL�n��s
<br /> '? IoancJ lo said morlgagm by'Ihe Gyui�able Uuilding and Luan Assuciation of Grand Islm�d,Nebraska,A1urtgagee,upon 5QQ shares u(stock o( , - .
<br /> � �" said ASSOCIATION,Certificate Nu.L 22 ��� ,do hercby grant,cum�ey and mortgage untu the said ASSOCIATION the(ullowing .
<br /> dzscribed real estate,situuted in Ilall CounPy,Nebraska: � : �
<br /> LOT TWO (2) IN BLOCY, ONE HUNDRED TWENTY
<br /> EIGHT (128) IN KOENIG & WIEQE'S ADDITION
<br /> ' TO THE CITY OF GRl1ND ISLAND, NEaRASKA.
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<br /> tugether with �II the tenemems,he«dit�mems and appunenances thereunto 6elmiFing.induding att�clted tloor cuverings,al1 winduµ�screens. � . �.
<br /> �vindow shades,blinde,s�orm windu�vs,au�nines.heminF.�ir cunditiuninc,and piwnl+ing and�eaterequipment and actessuries thereto.pumps,stoves, � . . . �
<br /> rclriger�turs,JII(I Ol�ll'I�l\Illfl')ell(I Ct{111vIllClll IlU\�'U[IIPfI'J�IC:�II�CItI'�LO Uf llSCII Ifl CUflill`LIIU71 K'IIII S�ItI IC9I l'SIBII'. � � � �
<br /> And H�liereas ihe s�id mortgagor h�s agreed anJ dues hereby agree diat ihc morteagor shsil and will pay all�axes and assessments levied or . �
<br /> assessed upon s�id premises and upon this mcr�eage and the bund secured d ereb�heture the same shall brcume drlinyuent:to furnish approved � � �� �
<br /> insurancr upun d�c buildings on s�id premis�s siwated in�he sum ol S 5O����.�� payable m �id ASSOCIATION and m deli��er to said � - �
<br /> rjASSOCIATIOti the pulicies for s�id insurance:and nut ro cummit or pennit:my N•a�te un ur ubuut said premises: - � .
<br /> In casr ut default in U�e per(orm�nce of uny ul the terms nnd cunditions o(this mortg�ge or thn bond secured hereby,die murtgagee shall, � � .
<br /> - on demand.6c cntiiled tu imm^di�tc posscssion u(the mo�tgaecd prcmises and thc mone�;_or hereby assigns, v�nsfers and sets urer to thc , � . �
<br /> �� murtgagee all the�ems,revenues und mcume ro br derived irum the murt:aged premins during such tima as the mmtEage mdebtednets shsll remsin . � . �
<br /> ��', Illl(1JIlI:8I1tI lI1C IIIOfIF.I�I•C SIIJII I19�1 llll'puNer w.tppuint eny acent or agenu it may dcsire (ur the purpose of rcpairmg said premises and rmting � .
<br />� _� the s'amz anJ collectmg the rents.�e�•enue�and mcome,and u m�y pa�•ou� ol uid mcome ,11 exprnses of repairing said premises and neazury � �. � �. .
<br /> cummissiuns and expenses incurred in�emmg and managing the seme�nd ut cullecune rent�ls therefrum: the balence remainmg,if any.m be
<br />� ; applied tux�ard tlic diuharge nf SItIII I71UIfCJ�C II1fIl'b!C(If1L'SS:(IlCSC Itl!IIIS UI II7l'fiIU�ICdLPf IOdy hC l'%Bfl'ISZIIB[JO)'41PC d11I1fIK llll'CSISICfII'C O(SLLl'}1 � � �
<br />� i de(ault.uresptc�ive u(any ientpuran•«ei�er ot the satne. .
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<br /> �I-ficsc f resent�.howc�tr,are upun!he Conditiun.I lul il ihe said Vu��gaCor shall rcpa}'iaid loan on or bc(orc the maturity uf s�id shares by
<br />� '� paymrm.p�y mun[hiv to said AtiSOC1:1T10\ if th�•sum speci�ied m the Bond ucured hereby�s mterest and prineipal on said loan,on ur bzturc
<br /> ihe Twemieth day u(cacti and e�•ery munth,until said loan is f ulh'paid:pay all C�aci enJ asse�sments Iz�•icd sgainst said premises�nd on�Itis�tur(g:ige
<br />� :! anJ ihe liond secured thereby,befon delmqucnc}:furni�h appruced msuranee upun the buiWines�hereun in[he sum u(� 5O OOO.O� P:�)'��Ir � .. �
<br /> ,.:� to said ASSCH'IATION:rep�}�tu seid ASSOCIATI(�1 upun demand ull monev b��it p�id fo�such iu�es.a>sessmrnts and ms8raucr wi �interest at � . . '
<br /> �hc masimum kgal rate thcreon irom datc u(paqmcnt all ui.rhich 9foncaEor here6p aerces�o pay:permit no waste un said premises:keep and rumply � �
<br /> �cith all tht aEreemems and conditiuns u(the Bund(o�S 5�,���.�0 this da}'cn'eu b��the s:iid\lurtgagor to s:iid ASSOCI,\Tf0\,and compl�' .. �
<br /> with all the requiramen[s ul the Cunstitution and Ny�Laws n(said,1SSOCIA7'ION:then these prcs�nts sh�ll becume null�nd auid,uthenvisr they
<br /> - shall�tmaiu in full forre and inay bc luretlosed at the optiun ol the said :1SSIX'IA�I�IOti �fler I�ilute fur threc months to make any oC said
<br /> payments ur be three mumhs in arrears in making said munthly p�ymcnts.or tu keep and compl}'wnh the aereamams�nd conJrtions ui said(lond:
<br /> antl 11unEagur�grees tu havc�rcccivcr�ppuinted furlhwith m sueh lo�rclumre pruccedin�!s. .
<br />� i(ihe«is any chancr in uunership ui the real cstaie mortgagcd herein,bv�lu ur nthcn�i�e,then tha cntirc remeimnE indebtedne:s hereby
<br /> ucured shall,ut the uption u("fhe 6qwt�ble 13wldmg and Loan Aswci�tion ut Grand Isimd,le6ras}:a.become immediately due andpayable widwut
<br />�:..�, fwdier nutire.and thc amuum rem�ininc due under�aid bund,and an� other bnnd(ur�ny aSd�tmn�l adeances made thereunder.shull.frum the
<br />� . datc u(excrcisc uf said upiiun,bcar interesi�i the maximum Icgal ratc,and this mo�teaee msy dicn be(oreclused m satisfy thc amowu due un said ,
<br /> bonJ,�nd any o�hrr bund for addi�ional advances,�ugelher witlt�II sums paiJ by said Tlie liyvitable buildiug�nd Lu�n Association of Grand Island.
<br /> Nebrasi:a for insurance,tases and asseumems,and�bstractmc estensiun charges,wtth inierest thereun, (rom date uf papment �[ ihe maximum
<br />�...,; �[�,JI I]lC.
<br />�-'`' Ai providtd in the Bund ucured hereby.while�his murtFage rrmain�in eflect �he mungagee m�y hereafter adrance adJitional sums tu thr
<br /> makers ul said 13und,tlieir�ssiens ur suacswrs in interest.which sums shall be within the securny of this murtgage thc same�s the tunds uriginally
<br />� ucured thcreby,thc total amount uf principal dcht nut io c�cccd at any timc U�c uriginal amourt of this morlgage.
<br /> u� •a�t�;s 3 a�>�„r August �.��.i�+76
<br /> ( � ��c � � eF� �(/ �','d�x�.: ,1`" '�CI��".C"`�
<br /> Rob r J. ' er , M�r��L,' �ker �
<br /> � I ,� �1�., � �.�<r ,�Pt1
<br /> Ro ert Joh Baker Jud L. Bd er
<br />� STATG OP NBBItASKA,�ss. On tliis 315t day uf August 19 76 ,be(ore me,
<br /> COUNiY OF ftALL - � I
<br /> - the undersiened,a Notarv 1'ublic in and tur said Countv,personally came � -
<br /> Robert J. i3aker and P1ary L. 6aker, nis �•�ife, and Robert John Baker and Judy L. Baker, N
<br /> hl S "'hu dpe personally known to � � ` �
<br />' � �u Ef�•tt�A� +c,cwn5 «�hose name5 are aifized!o U�e a6oce instrum�nt as murteagurS ��d th2;/ severally � �
<br /> ac}.jmtil�ul€e�},ihqs�t�i i�Lk,rument ro be thei r soluntary act and dced. �
<br /> v� ��11'{TN�5B my�hand and Nutariol Seal the date aturesaid. - �i�'�
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