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<br /> AfORTGACF:
<br /> t,tORTCACE LOAN N0. L 22,335
<br /> � KNOWALL�fENBYTHESEPRESGNTS:That Andrew B. Knight and Roberta I. Knight, each lfl h1S dild
<br /> : her own right and as spouse of each other
<br /> _______ Mortgugor_whether one or more,in consideration of the sum of
<br /> Sixty-nine Thousand Six Hundred And No/100- Do��A�s
<br /> luaned to said morlgagor 6y The Equitu6le 8uilding and Loan Association of Grand Island,Nebraska,Atortgagee,upon 696 sharcs ot stock oC
<br /> � said ASSOCIATION,Certificate No.L22 3�5 � ,du hereby grant,convey and mortgage wrto the s�id ASSOCIATION the following . . �.
<br /> Jescribed real estate,situated in Hall Counly,�Nebr�skx:
<br /> LOT SEVEN (7) Ih� HIDDEN LAKES SUBDIVISION
<br /> NUMBER T410, BEING A PART OF THE SOUTHEAST
<br /> QUARTER OF THE NORTHEAST QUARTER (SE;NE;)
<br /> AND A PPRT OF THE NORTH HALF Of THE NORTH-
<br /> ;'-; EAST QUARTER OF THE SOUTHEAST QUARTER (N'2
<br /> �:> NEaSEa) OF SECTION 13, TOWNSHIP 11 NORTH,
<br /> ' ' RANGE 9 WEST OF THE 6TH P.�4., HALL COUNTY
<br /> .;;.�
<br /> �;' ; NEBRASKA.
<br /> together with all tlie �enemen�s,hereditamenu and appurtenances�hereunto belnnging,induding attached Iloor coverings,al!window screens, �� . . � - � .
<br /> window shadns,6linds,storm windows,ak�nings,he�ting,�ir conditioning,and plumbing and w��erequipment and accessories theceto,pumps,stoves, -. . . � �
<br /> re(rigeralors,and other fiztures and eyuipment now or heresftcr attached to or used in connection witti said rest estate. � � . �
<br /> AnJ whereas the said murtgagor has agreed and does hertby agree that the mor[gagor shall and w•ill pay all taxes and asussments In�ed or
<br /> assessed upon said premfus and upun this mortgage and[lic bond securrd th�rebv be(ore the same shall become delinquen4 to furnish approved � �
<br /> insurance upon the buildings on saiJ premises siluateJ in the sum o($(9�(��.�� payable tu s:iid ASSOCIATIO� and to deGver to said
<br /> ASSOCIATION tlie policies for said insurance;and nol to commit or pennn any was�e un m abuut said premises,
<br /> In case oC de(ault in�he perCormance u(�ny of the terms and conditions o(tttis mortgage ur the hond secured hereby,the mortgagee shall, : � . � . : .
<br /> un demand,be entided to immediate pussession uf thc murtgaged premiscs �nd the �ttortEagor here6y assigns, transfers and sets over to the . .. ��
<br /> mortgaeee all the rents,revenuu and incume ro be dericed Gom Ihe murteaged premises during:uch time as the murtgege indebtedness shal!remain . .
<br /> unpaid;and thc mortgagec sh�ll have the po�ver to appuint any agent ur�gents it m�y desire for the purpose of repairing said premises and renting �, � _ . �
<br /> the same and collecting the rents,revenues and income,and i[may pay out of saiJ income all expenses of rep�iring sxid premises and.necessary � � .� �
<br /> cummissiuns and espenses inwrred in renting and managing the eame and o(collecting rentals therefrom;the balance remaining,if any,to be � � �. � � � �
<br /> applied�oward the dischargt of said murtgage indebtedness;these riKhts o(the murtgagee may be exercised at any time during the e�cistence o(such � �
<br /> default,irrapective of any�empurary�raiver o(ihe samc.
<br /> Thex Presen�s,however,arz upon ihe Condition,That if the sxid Atong�gur shall repay ssid loan un or be(ore the maturity of said shares by .
<br /> p�yment;pay mvnthly to said ASSOCIA710N o(the sum specified in the I3und securcd hereby as interest and principal on said loan,on or beCore . .
<br /> the Twentieth dxy o(each and every munth,until said luan is fully paiJ;p�y all taxes and assessments leeied agxinst s�id premises and on this�lortgage
<br /> and tlie Bund secured thereby,befure delinquency;(umisli approved inmrance upon die buildings thereon in the sum uf S 69�(QQ.QQ PaYable
<br /> � to said ASSOCIA'IION;repay tu saiS ASSOClATlO�upon demand all muney by it paid(or such wxes,assessments and insurance with interest at � ��
<br /> €� thc maximum lagal ratc d�ereon irom date ot payrnent all of which A1n�tgagor hereby agrces tu pay;pennit no wasteun snid premises:keep nnd comply � � �
<br /> F
<br /> � with all the agrzements and conditions u�the Bund fur S f9 (n(� (�(�this day grven by the said Alurtgagur tu said ASSOCIATION,and comply
<br /> with all the requircments uf the Consti�ution and 8y-Laws of§aiT T5S6CIATION;lhen these pcesenu sltill bccome null and void,otherwise they
<br /> � � shall remain in tull furce and may be(oreclosed at the option ul�he said ASSOCIATION after failure for three months to make any of said �
<br /> r . payments or be three munihs in arrrars in making said monthly payments,or w Aeep and cumply�vith the agreements and conditions o(said Bond;
<br /> � and Atortgagor agrers to heve�receiver appuinted(orihwith in such forcclosuee pmttedings.
<br /> � If there i:any change in uwne�sliip o(the real estalc murlgaged herein,by sale ar otlicrw•ise,then the entire remaining indebtedness heteby �
<br /> securtd shall,at the opliun o(The Equitable 13uilding and Luan Associatiun of Grand Island,tvebraska,become immediately due and payxble wilhuut
<br /> further nutice,and tfte amuunt rcmaining due undcr said bond,and any other bond fur any addition�l advanret made thereunder,shall,(rom the .
<br /> �. date of exercise u(said option,bear interest at Ihe maximum Iegal tate,and this mortgage may then be(oreclosed to satisfy the amount due on said
<br /> bond,and any olher bund for additional advdnas,together with all sums paid by said The L'yuitable Building and Loan Anociation of Grand Island,
<br /> Nebraska for insurance,taxes and assrssments,�nd abstracling exlension charges,with interest thereon, from date of payment at tho maximum .
<br /> . legalrate.
<br /> As provided in the Bond secured hereby,while tliis murt�ge remains in effecl lhe mortgagee m:�y hereafkr advance additional sums to the . �
<br /> r;,, ,�; makers of s�id IIond,their assigns ur successors in inleresl,which sums shall be within�he security o(this mor�gage�he same as the funds ori�in;tlly
<br /> xcured thereby,the to�al amount of princip�!debt not to exceed at any time the ori�inal amount of this mortgage. -
<br /> Da�eJ this 15th �> � S t ber ��•�•��� �/6
<br /> � ��_ ) /) �
<br /> �?
<br /> Andrew B. night �'� Roberta T/Km�ght.��
<br /> STATE OF NEBRASKA,1 ss. On this 15th day o( Septembe r 19 �6 ,before me,
<br /> COUhTY OF HALL I �I .
<br /> the undersigned,a Notary Public in and Cur sxid County,persa�allycame . .. - - -
<br /> Andrew �. Knight and Ro6erta I. Knight each in his and her own righthand as spousunall���own o N `
<br /> I other are v v �
<br /> me to be tht identipl persons K�hose nam:S dre af!'ixcd to the above iqsttument s mortgago5 �nJ �r. xeerally ��,
<br />� acknowled god t h e•s a�d u 4 st r w q W t�t o b e tI121 P vo l u nt ar y a c t a n d d e e d. � � ; �'+
<br /> — �11 fa''.I'iSS my h nd and Notarial Seal the date afocesaid. (,�� ' / �
<br />, .: � :,.E�.�,�v.12,1379 --� i
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