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<br />'�" 76- ()0492��
<br /> r n�oizTcnce
<br /> — — �10R'fGAGii LOAN N0._L 2E,308 _
<br /> y KNOW ALL MC•.N 17Y'PIIGSIi PRESC:N'iS:Thut James A. Fi acco and Carolyn �. Fi acco, each i n hi s and
<br /> Iher own right and as spouse of each other,
<br /> � A1or�gagor,whcther one ur more,in considecation uf the sum o( �
<br /> Ten Thousand,Three Hundred and No/100-----------_-------------------------------- �oLl.,arts
<br /> . luuned lo suid mur�gugor by The I:quitable 13uilding and Luan Assuciation of Grand Island,Nebrusl:a,Mortgagee,upon ��3 shares of stock uf
<br /> � said ASSOCIATION,Certificale Nu.L 22.3�8 ,Jo hereby grant,convey and nwrtgage unto the said ASSOCIATION the folluwing .
<br /> ; described real es�ate,situated in Ilal�Cuunty,Nebraska:
<br /> LOT SEVEN (7) IN QLOCK TWELVE (12) Iv
<br /> DOGGS AND HILL'S ADDITION TO THE CITY
<br /> �
<br /> - OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> � tugether wi�h all tl�e tenements,hereditaments and appunenances thereunto belunging,including attached floor coverings,all u•indow screens,
<br /> window shades,blinds,SIOIIII\VIplIUWS,BWIlII1�;S�I1C811I1�.81f C011(IIlI0I110C��fIII�)Il11T1b111�8I7(I WBLC(2(�WNI7100Illfld flCCCS50fIt5II1CIBIU�pumps,stoves,
<br /> p� � IC�fI�'C781Uf5,LIIf�Ol�1CI��lll(CS:1I7�f(�IlIPI172i11 f10W 0f�ICiC;1�lCf BII�I'�1C(�LU Uf 115C(�IIl C111111CC11�I1 N'1��7 5311�fCfl�CSI:1[C.
<br /> ti � And whereas the said mur�gagor has agreed and ducs hereby agree that dic morteagor shall and will pay all iases and assessmrn[s levied or
<br /> - �ssessed upon said premises and upon this murtg�ge and the bond sccured theret�v betorz �he same shall bemme delinyuent;to(urnish approved
<br /> inmrance upun�he buildings on said pmmises situated in the sum of S �O�3��.�� payable tu said ASSOGATION and lu deliver�o said
<br /> � ASSOGATION the puficies for said insu�nnce:and not�u conunit or permit any waste on ur about said premises;
<br /> i' �' In case uf default in die perfunnance uf:my of the tenns and cunditions of d�is mungage or the 6und secured hereby,�t�e mortgagee shall,
<br /> . on dem;md,be entitled tu immediate pusression o(die murtgaged premises and thc nwrtgago� hereby assigns, transfers and sets over to the
<br /> . mortgagee all the rents,revenues anJ income tu be Jerived from the mongaged premius during such timr as die mmtgage indebizdness shall remnin
<br /> unpaid;and the mortgagce shall havc tha pox�er to appoint�ny agent ur agems it msq desirr fur the purpose uf repairing s�id premises and rrnting
<br /> � the s�me and cullecting the rents,revenucs and incomz,and it may pay om ol said incomc all expenses of repairing said pcemises and neces�:try
<br /> 3� � commissions and expenses incuued in renting and managing the same and uf collecting �entals d�erefrom;the balance remaining,if any,to be
<br /> applicd tuward ihe discli�rge uf suid mortg�ge indebtedness:ihase rights uf the nwrtgager ma�br exercimd at any time during q�e exislence of such
<br /> � Je(ault,irrrspective of any iemporarv�caiver of the same.
<br /> ' Thesc P�esents,huwever,are upon the ConJitiun,Thai i(the said\tortg��ur sh�ll rep�y s�id loan un ur beture the maturiry of said shares by �
<br /> paymenC pay ntonthlp to said ASSOCIATIOV ut the sum specihed in d�c Bund secured herehy�s intemst and principal on said loan,un or be(ure
<br /> �. d�e T�venticth day ol each and evcry momh.until said luan is lully�paid;Pay all tascs anJ assessments le��ied aesinsl said premises and on this Atongage
<br /> �nd the Bond secured thercUy,beCure delinyuency:Iwnish approvzd insurann upon Ihe buildings thereun in the sum oCS �Q�3QQ.QQ P�)'abir
<br /> to said ASSOC'IATION:repay io said ASSOCIATIO\upon demand all monty by it p�id iur such t�xes,assessments nnd insur�nce with interest nt
<br /> �� the maximum legal r,�ie thereon Gum date u1 p���meni all o(which Aturtgagur hereby aerers tu p�y:permit no waste on said p�emises:keep�nd comply,
<br /> a•ith all the agreements and cunditiuiu u(the Nond(ur S �Q�3�Q Q�Ihis day given b�•the SJIII�IOfI�'J�Uf IO 581(I ASSUCIATIO\.and comply
<br /> with all ihe rcyuirentenis o(the Cunstitutiun and Ily�Lews of said ASSU('L\7lON;then Ihese presents sh�ll become null and void,otherwise they
<br /> y� . shall remain in lull furce anJ may be forecloud�t�he op�iun ol ihe s�id ,1SSOCIA'i101 aftrr failurc lur three months to make any uf said
<br /> pa}'ntents ur be thrce munths in ar�ea�s in ntaking said mm�thly paytnenls,ur Io kecp and cumply�vith the u@reements and conditions of said 8ond;
<br /> �. ;md Atortgagm agrces to have a receiver appointed Ibrthwi�h in such fureclusure proceedings.
<br /> J If�here IS JIIV CI780GC III UK'ill'f5I11�O�UlC fCJI l`Sl:ll2 IOU(16��'C(I Iil'ftill,b}'YJI2 or othenrise,then the rntire remaining indebtedness hereby
<br /> y'- .ecured shall,a�tlie uption of The Gyuitable Uuilding and Luan Aswciatiun ol Gr�nd Island,Nebraska,become immediaiely due and pay�ble a�ithuut
<br /> � further nulice,and ihe amuwrt remaining Jue under said bund,and any olher bund for any addition�l advances made thzreunder,sliall,(rom the
<br /> � date of rxercix uf s�id optiun,bear inicrrs�at the mazimum Irgal rate,and this murtgnge may then be(oreclosed to satis(y the amount due on said
<br /> - bOI1lI,:111(I:IIIV UIIICf b0t1(I�OI BIIdiGUf1�I�(IV�fICCS,I0�!CIFICf WIIVI 8II SWIIS(1811I�V S811I Tlll'Lyui[able Building and Lu�n Association uf Grand Island,
<br /> Nebraska(ur insurance,taxes and assessments,and a6stracting ex�:nsiun charges,wieh inicrest thereon. Irom date of psyment at the m�ximum
<br /> �' Icgalra�e.
<br /> i
<br /> As prnvided in the pond secured hereby,while this murtgage«m�ins in rffect lhe mungagee muy he�eaCter advance additional sums tu the
<br /> makers of said Uond,tlieir assigns ur successurs in inte�est,which mms shall be within;he securip�oC this mongage the same as the funds uriginalty
<br /> . secured tl�ere6y,d tal amou��of principal debi not to esceed at auy time[he uriginal amount o(this mortgage.
<br /> ;n��ed�t��:���h d:�>��r August _ ,�.o i� 76 � .
<br /> ��G,su.9 rY✓'.f..� .. Q�) �%. �-L.�- ��. `� l�..�;_(�4.cr
<br /> James A. Fiacco Carolyn. .�F�cco
<br /> STAT60PN681tASKA, ss. Onthis 25th dayof August 19�6 .befureme,
<br /> COUNTY OF IIALL�
<br /> the unde�signed,x Notary Public in xnd lur said County,perwnally came � � �
<br /> James A. Fiacco and Carolyn J. fiacco, each in his and 'ner own right and as spouse of each �-
<br /> �--`"�'� w�ho persunally known ta � •
<br /> � .;,--�thR�c�',��,., are � �.
<br /> r��ke tpbati�j�lf't�,''N�,person S whuse name s are ��fixcd to the abovr instrument as mortgegor S 1°`� they severally
<br /> r l� q.
<br /> rJI aEkirowledge�t�tlit su�d bpttmment to be the i r voluntary ucc and deed. n
<br />� ;��. g'ITI�jSS my hand and Nutarial Seal thc date aforesaid. A �
<br /> � . n� � 1� �� I � U,i
<br />,6 :� .. �Y C��nmission expires �y,,H,,,�/ � �;�A _ . .
<br />.. � ,,.���o�� ��.
<br /> i f ��.'r � • !' VV � ;votary Public
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