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<br /> 76- (105296
<br /> n�oRTCAce
<br /> h10RTCAGL•LOAN N0. L 22,342 MGI�
<br /> KNOWALLAfLNl3YTHESEPR[SL'NTS:That DeWey �deade and Marian Meade, @dCh 711 h1S and her CWII right �
<br /> and as spouse of each other,
<br /> Mtortgsgor,whethcr one or more,in consiSeration af the sum of
<br /> Tdenty Thousand Four Hundred and No(100 -- ----------- -----------------no�t�tts
<br /> luaned Io said mongagor by The liquitabie I3uilding and Luan Associatiun of Grand Island,Nebraskn,Mortgagee,upun 204 shares of srock of
<br /> said ASSOCIATION,Certiflcate No.L2Z 34? �1GICdo hercby grant,convay and mortgage unm the said ASSOCIATION the following :
<br /> described reul estate,situated in Flall Cuunjy,ITebra a:
<br /> ;f
<br /> PART OF BLOCK ELEVEN (11� IN t�IINDOLPH'S ADDITION TU THE CITY OF GRAND ISLAND,
<br /> ` NEBMSKA, DESCRIBED AD FOLLOWS: - COMMENCING AT THE NORTHEAST CORNER OF SAID
<br /> � DLOCK 11; RUNNING THENCE SOUTHERLY ON THE WEST LINE OF SOUTH WASHINGTON STREET
<br /> :a 78 FEET TO TNE POINT OF 4EGINNING; THENCE SOUTHERLY ON THE WEST LINE OF SOUTH
<br /> � WASHINGTUN STREET 54 FEET; TNENCE 4lESTERLY, PARALLEL TO WEST JOHN STREET, 66
<br /> �'' FEET; THENCE NORTHERLY, PARALLEL TO THE WEST LINE OF SOUTH WASHINGTON STREET,
<br /> ;3 54 FEET; THENCE EASTERLY PARALLEL TO WEST JOHN STREET, G6 FEET TO THE POINT
<br /> �;s OF BEGINNING.
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<br /> it
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<br /> �';-,�.,a toged�er with all the tenemenls,hereJit�mems and�ppurtenances thereun�o belunging,including attached floor corerings,all window screens, . .
<br /> winJow shadrs,61inJs,storm windows,awnings,{ieating,air conditioning,and plumbing and w�ter equipment and accessories thereto,pumps,stoves, . �
<br /> ce(rigerators,und uther fiatures and equipment now or hereaCter�Itached tu or used in connection widi said rcal estate. � � .. .
<br /> _ And wliercas the said mungagor has agreed and does hcreby agree d�at the nwrtgagur shall and will pay all taxes and assessmenU levied or _. � . �
<br /> asmssed upun said premises and upon this mungage and lhe bonJ securcd thereby belore the same shall become delinquent;ro fumislt app[oved � �
<br /> %,.:% insurm�ce upon the buildings un said premixs situated in the sum of S ZO�QQQ.QQ pa>'abla to said ASSOCfAT10N and to deliver to said � ; - �
<br /> ASSOCIATION the policies lur saiJ insurance;and nut to wmmit ur permit any waste un or about said premises; , �
<br /> In cnse o(default in the perfonnance oC any u(thc lerms and conditions uf dus mortgage or the bund sewrod hercUy,the nwrtgagee shatl, .
<br /> on dem�nJ,be entitleJ to inunediate passession uf the mortgaged premixs and thc mongagur htreby assigns, lransfcrs and sets uver [o tl�e � _
<br /> �t�.. i mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the morlgage inde6tedness s}iall remain � � � �
<br /> unpaid;and ihe mur�gagce sl�all have the power io appuint any agent ur agents it may desirc for the purpose of rcpairing said premisos xnd unting � � �
<br /> t:��; the same and coliecting the rents,mvenues and incoma,and it may pay out of said inconte all expenses uf repairing sa�d premises and necessary _ �� �.
<br /> �-��s commissiont and expenses incu�red in renting snd managing!he same and of tollecling rcne�is therefrom:the balance remaining,i(any,to be �� �
<br /> „�.; applied�ow�rd the discharge of s�id murtgage mdebtedness;these rights of the morlgagee may be esercired at any time during the existence uf such " � � � -- -�--��-
<br /> = de(aull,irrespective o(any�emporary waiver of�he same. � � . .
<br /> {�± These Prcsents,however,are upun ihe Condition,l'hat if d�e s�id Alortgsgor shall�ep�y said loan un or 6etore lhe maturity uf said shares by
<br /> ��' payment:p�y mumhly to said ASSOCIATION of�he sum specified in the 6und secuced hercby as inrerest and princip:�l on said loan,un or befure . . �
<br /> tht Twentieth day u(encli and every month,until said loan is fully paid;p�y all taxes and assessmcnts levied againsl said premises and on this�lortgage . . �
<br /> and the Bond secured tfiere6y,be(ore delinquency;fumish appruced insmance upon the builJiugs tl�ereon in the sum oC SZO�4��.Q� payable
<br /> g ; to said ASSOCfATION:repay to saiJ ASSOClATION upon demand all money by it paid for such tuse�,auessmenls and insurunce with interes[�t � � � �
<br /> � . We maximum leg�l�a�c thereon(rom date oC payment all ut which Mortg�gur hera6y agrecs lo pay;parmit no wasle un said p�emisrs;keep and cumply
<br /> _ wi�h all die agreemenis and conditions af Ihe Uond for S 2O}QQQ QQ this day given by lhe said�lortgagur tu saiJ ASSOCIATION,and comply . � �
<br /> F ?, with all�he requirements of the Constitulion and 13y-Laws ut said ASS(KIATION;then these presents shall become null and void,otherwise they
<br /> shall remain in fuil(orcc and may be foreclosed at the uplion of the said ASSOCIATIO� afler failure (or three months to rn�ke�ny o(said
<br /> paymenls or be three mun�hs in arrrars in making saiS monddy payments,or tu keep and comply witti the agcerments and conditions of sid Bond;
<br /> and�torlgagor agrces tu hn��e a receirer appuinled forthwith in such fureclusure pmceedings.
<br /> I(there is any chengr in uwnership u(the real es�ate mortgagcd herein,by sale ur utherwise,then the entire remaining indebtedness here6y
<br /> . ucured s6a11,al the uption uf The Gyuitable Uuilding and Luan Associatiun uf Crand Island,Nebraska,become immeJiately due and payable wilhout .
<br /> furthe�nutice,and the amounl remaining due under said bond,and any uther bond(ur any additional ad�•unces made thoreunder,sLall,(rom the
<br /> date of exercise of said option,bear interest at A�e maximum legal rate,and this mortgage may then be foreclosed to satisCy the amount due on said
<br /> �� bond,and any ulhec bund for addiliunal�dvances,together with all sums paid by said'fhe L'quitable Duilding:�nJ Luan Associatiun of Gwnd[slxnJ,
<br /> - Ne6raska for insurance,taxes and asszssments,and abstracting rxtensiun charges,with interut thereun, from date of payment at lhe maxunutn
<br /> legal mtc.
<br /> As provided in Ihe Dond securcd hereby,while ttiis mortgage remains in eflect the mortgagee m;�y hereafter advance additional sums to the
<br /> � � makers uf said Bond,lheir assigns ur succeswrs in intercsl,which sums shall be within the securiiy uf this mortgage the same as die funds originxlly
<br /> t, :.
<br /> secured lhereby,the total amuunt o(principal debt not to exceed at any time the oriynal amount of this mortgage. �.
<br /> n�ea u��: 16th. ��v o� September -yy��•��•���76
<br /> ,/', ///a,r�c.,cz�,--J �-Gc�.� .
<br /> Dewey Mead Marian Mea e
<br /> STATE 0�NGDRASKA,�ss. On this �6th Jay of September 19 �5' ,be(ore mc,
<br /> COUNTY OF IIALL
<br /> the undersigned,a Notary Public in and for said Counry,personally came ,=:.� ::�
<br /> Dewey Meade and Marian Meade, each in his and her own right and as spouse of eacn other ' "
<br /> whu dl'0 personally known to N -•
<br /> .�I me to be the identical pe[son S whosc name s are aftixed to the abuvc instrument as mortgagor 5 and they ��'«a��Y � � ,:.
<br /> acknowtedged t}�e said instrumrnt to be thei r volunt�ry act and deed. , �.�, r-
<br /> �47TNESS my hand und Notarial Seal ihe date sCoresaid. �
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<br /> � �--��X Comrws�W oxpires Ci3�/�� " ,�i'-�'+� �
<br /> v,,t � ��� � ��i i
<br /> Nutary Public
<br /> b: a.i.s,an� .'`'_.l a�-r/ � � �9 7 �
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