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<br /> 76- �05234
<br /> n�oRrcncr:
<br /> AfOR'fCAGIiL0ANN0. L ZZ,332
<br /> r KNOW A4L h16N BY THGSE PRL•SBNTS:That W���i am T. Fry and Grace M. Fry, EdCh 1!1 f11 S dild h8P OWII
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<br /> right and as spouse of each other,
<br /> � Atortgagor,whelhe[one or more,in wnsideration oC the sum of . . _
<br /> Twenty-nine Thousand and .No/100---------------------------------------------------- DOL[.nRs
<br /> loaned to said mortgagor by The Gyuitable I3uilding and Luan Associalion o(Grand[sland,Nebraska,Atortgagee,upon 29� shares oC stock of
<br /> said ASSOCIATION,Certificate No.L 22 33� ,du here6y grant,com�ey and mortgage unto the said ASSOCIATION the following
<br /> Jescribed real estate,situated in Hall Coun�y,�ibraska:
<br /> A TRACT OF LAND LOCATED IN THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER (SE;5W4) OF SECTION
<br /> 14, TOWNSHIP 11 NORTH, RANGE 10 WEST, OF THE SIXTH PRINCIPAL MERIDIJIN, HALL COUNTY, NEBRASKA
<br /> AND MORE PARTTCULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF THE
<br /> SOUTHEAST QUARTER OF THE SOUTHWEST QUARI'ER (SEqSW4) OF SAID SECTION 14; THENCE N. 0°56' E
<br /> ALONG THE WEST LINE OF THE SOUTHEAST QUARTER OF•THE SOUTHWEST QUARTER (SEqSIJ;) OF SAID
<br /> SECTION 14 A DISTANCE OF FOUR HUNDRED NINE AND NO HUNDREDTHS (409.00) FEET TO THE POINT OF
<br /> BEGINNING; THENCE CONTINUING N. 0°56' E. ALONG THE SAID WEST LINE OF THE SOUTHEAST QUARTER
<br /> OF THE SOUTHWEST QUARTER (S�4SW',) A DISTANCE OF FOUR HUNDRED NINETY-ONE AND NO HUNDREDTHS
<br /> ' (491.00) FEET; THENCE S. 89°12' E. A DISTANCE OF ONE HUNORED THIRTY-SEVEN AND NO HUNDREDTHS
<br /> ;< + (137.00) FEET; THENCE S. 15°45' E. A DISTANCE OF FOUR HUNDRED SEVENTY-NINE AND NINETY
<br /> � -`; NUNDREDTHS (479.90� FEET; THENCE SOUTH. A DISTANCE OF TWENTY-EIGHT AND NO HUNDREDTHS (28.00)
<br /> FEET; THENCE N. 89 11'30" :d. A DISTANCE OF TWO HUNDRED SEVENTY-FOUR AND THIRTY-FOUR
<br /> z `: HUNDREDTHS (274.34) FEET TO THE POINT OF BEGINNING; SAID TRACT CONTAINING 2.36 ACRES MORE OR
<br /> LESS
<br /> together x�ilh all the tenements,hereditamenls and�ppurtenancas thereuntu belonging,including attached iloor cuverings,all winduw screens, . -
<br /> window shades,6linds,stonn windowe,awnings,haating,air conditioning,and plumbing and wxter equipment and aceessuries thereto,pumps,stoees, � .
<br /> � re(rigerators,�nd other fixtures and equipment now or herea(ter attached to or used in connection with said real eslate. � �
<br /> �';. And whereas the said mortgagor has agread and does hcreby agree that Ihe mongagor shall and will pay all laxes and assessments levied or � . �
<br /> assessed upon said premius and upon this mortgage and the bond secured lherebv before die same shall become delinquent;to fumish approved .
<br /> insurance upon the buildings on said premises situated in thc sum of 5 Z9����.�� p�yable tu said ASSOCIATION and to deliver to said �
<br /> ASSOCIATION the policies for said insurance;and not lo commit or permit any waste on or about said premises; � .
<br /> In case of default in the performance of any of the tcnns and mnditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> d� . on demand,be entided to immcdiete pussession ot the mortgaged premises and the murtgagur hereby assigns, transfers and se�s over to the
<br /> � mortgagee all thc renis,revenues and income to be derived Crom the mortgaged prcmises during such time as the murtgage inde6tedness shall remavi �.
<br /> unpaid:and lhe nwng�gce shalt have the puwrr to appaint any agent or agents it may Jesire(m[he purpose oC repairing said premises and centing � �
<br /> the same and collecting the rents,revenues and incume,and it may pay out of said income all expenses of repairing said premises and nacessary . � . . .. .
<br /> t4 commissiuns and expenses inwrrcd in renting�nd managing the same and of collecting ren�als the�eGom;the balance remaining,iC any,to be .
<br /> applied tvward lhe discharge o(said mortgage indebtedness;these rights o(the mortgagee m�y 6e exercised at any time during the exiscence oC such .
<br /> default,irrespective uf any temporary waiver of the same.
<br /> These Presents,ho���ever,are upon the Cundition,That if Ihe said Alongagor shall«pay said loan on ur befo�e the maturity of said shares by � .
<br /> T�� `, payment;pay monihly to said ASSOCIATION oC the sum speci�ed in the Bond secured hereby as interest and principal on said la;�n,on or 6efure �
<br /> U' �, �he Twenlieth day of each and every month,until said luan is fully paid;pay aIl taxes and assessments levied against said premises and on ll�is Alortgage .
<br /> }:��j and ihe Bond secured thereby,befure delinyuency;l'uu�ish approved insurar.ce upon the buildings thzreun in the sum of S 29,���.�� paya6la . ..
<br /> 5� j to said ASSOCIATION;�epuy to said ASSOCIATION upun demand all money 6y it paid(ur such taxes,assessments and insur�nce wilh interest at
<br /> �he maximum legal rate thereon from date of payment all o(which Atortgagur hereby agrees to p�y;permit no waste on said premises;keep and comply
<br /> 3 �. with all tl�e agreements and conditions of the I3ond fur 5 Q9�OQQ.�� this day given by the said�tortgagor w said ASSOCIA'(ION,and comply . �
<br /> " � with all tl�e requirements of the Constitution and Sy-Laws o(said ASSO('IATION;then these prcsents shall becume null and void,utherwise they �
<br /> �� ' shall�emain in full force and may be foredos'ed at the opliun ol the said ASSOCIATIUN after (ailure for thrce montht to nmke any of said
<br /> paymenls ur be three m��Nhs in ar�ears in m:�king said mun�hly payments,or to keep and comply witli the agreements and cunditions of seid Dond;
<br /> . and Murtgagor agrees to have a rcceiver appointed forthwith in such foreclusurz proceeJings.
<br /> 1(thcre is any change in ownership of thc rcal rstace mortgaged herein,by s:ilc o�otl�erwise,then lhe entire remeining indabtedness hereby
<br /> � ucureJ shall,al the uption of The�quitable Uuilding and Loan Association o(Grand Island,Nebratka,become immediately due and pay�ble without
<br /> further notice,and the amount remaining tlue under saiJ bund,and any other bund Por any addition�l advances made thereundor,shall,from the
<br /> date of exercise u(said option,bear interest at the maximum legxl rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and any ulher bund for additional aJvances,together with all sums paid by said The Equitable Building and Loan Assuciation of Grand Isiand,
<br /> � Nebraska(or insurance,tnxes and assessments,and a6stracting extensiun charges,with interest thereon,from dare of payment at the maximum
<br /> Icgatrale.
<br /> r� , As provided in the Bond secured hereby,while this mortgage�emains in effect the mortgagee may hereafur ad�ance aSditional sums to the
<br /> makers of saiJ�ond,thcir assigns or successors in interest,which sums shall be within the security of this mortgage the same as the Cunds originally
<br /> ucured thcreby,the tolal amount of principal deb�nut to exceed at any time the ori�inal amoun[o(Ihis mortgaga
<br /> Dated this l Oth ��r�� September n.n.,��76
<br /> �•�) �'\C_h_..,... A � _��/ / �'//. �/if� — —
<br /> :tilliam T. Fry Grace M. Fry
<br /> STATE OF NEBRASKA, ss. On this ��th day of September �9 76 ,before me,
<br /> COUNTY OF HALL� ,ry(
<br /> the undersigned,a Notary Public in and(or said County,perwnally came � �'
<br /> William �. fry and Grace M. fry, each in his and her own right and as spouse of mch other, N ..
<br /> a�ho are Personally Anown to . y
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<br /> ( m o�e t�'��`q,,Frerson� whose name S d re�(Gxed m the above instmment as mortgagor g and theY severatly ,�,
<br /> � ��Ecknbwlytlgd4;tiC 34it1 lrument[o be thei r volunlary act and deed. � �"
<br /> , �f '` "��15�{TN my hand and Notxrial Seal the date aforesaid. �,(5
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