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<br /> t�fORTCAGG
<br /> ��okrcncr:�onN no._L � t4GI C
<br /> Y.NOWALLMENDYTHCSGFRGSF:N'fS:That Roger E. Monson and Patricia J. Monson, each in his and
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<br /> her own 1'lght dOd ds SPOUSe Of edCh Othet^, ��ortgago�,whetheruneormo�e,inwnsider¢tionoEthesumof
<br /> ',' Twenty-five Thousand Five Hundred and No/100-------------------------------------- poL[ans
<br /> `� loaned to s�id mortgagor by Thc Equitable�uitding and Luan Association of Grand Isiand,Nebraska,Moctgagee,upon .255 sliares oF smck of
<br /> said ASSOCfAT10N,Certificak ho.L 22,364 ,du hereby grant,convcy and murtgage unto�he said ASSOCIATION the lopuwing
<br /> `: f described real estale,situuted in HaII County,Nebraska:
<br /> LOT TW0 (2), BLOCK ONE (1), ISLAND ACRES NUMBER 2
<br /> � ? 4EING A REPLAT OF LOTS ONE (1), TWO (2), THREE (3),
<br /> FIVE (5), SIX (6) AND SEVEN (7), ISLAND ACRES, CIT�
<br /> Of GRAND ISLAND, NEBRASKA. '
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<br /> �ogethtr with�Il die tcnements,hercdilaments and appurtenanccs thcreunto bclonging,including�ttached ftoor co��crings,all window screens, - � . � � �� .
<br /> � ; window sliades,blinds,slorm windows,awnings,heating,air condiliuning,and plumbing and watrr equipmen[and accessories[hercto,pumps,stoves, � �
<br /> refrigcrarors,and other fistures and rquipmen�nou�or he�eafter attaclied w ur used in cunnection with said real estate.
<br /> And whereas tt�e said mortgagor has�greed and does hereby agree that lhc moctg�gor shall and wilt pay all taxes and assessmrnts letiied or . �
<br /> . asutsed upon said premises and upon this mongage and the bond secuted thereby be(ore the same shall become delinquent;ro furnish approved � �
<br /> insur�nce upon the 6uildings un s�id premises situated in the sum of S Z§�500.QQ payable to s�id ASSOCIATION and to delicer to said � � �
<br /> ,,,�,r ASSOCIATION the policies for ssid insurance;and not lo commit or penmt any waste on or abuut said prtmises; � � � . . �
<br /> �� £ In case o(de(ault in thc pedorm�nce uf:�ny uf�he terms and conditiuns o(this tnortgage or the bond secured hereby,the mortgagee shall, � . . �
<br /> �-,��' on dcmand,be.entiAed to immadiatc pusussiun of lhe mortgaged premius �nd �he mortgagor hereby assiens, transCers anJ uts over tu the �. . � �,
<br /> mur�gagee all tlie rents,revenues and income to be deri�•ed from the mongaged pmmises Juring such time as the mortgage inde6tedness shalt remain
<br /> unpaid;and thc mortgagee shall have thc power w appuint any agcnt ur agents it may dcsirc for tl�e purpose of repaicing said premises und renting . . �.
<br /> c' the s:�me anJ collecting the rents,terenues anJ inmma,and i�may pay oul o(said income all espenses o(repairing said premius snd necesmry
<br /> commissiuns and expenses incurrcd in renting and m�naeing the�me and uf cullecting �entals thercCrom:the balance renuining.if any,to be . . � . . . _ �
<br /> ' applicd mward the dischargc oC said murtg�ge indebledneu:Ihese rights of the nwngagee m�y be exercised at any[ime diuing the existence of mch
<br /> 3 � � de(aalt,irrespective of any tcmpur�n�waiver of tha same. . �
<br /> - Thex Presents,ho��•cver,are upon the Cundition,That i(the said\fortgagor shall�epay��id luan on or befure the maturity ui said shares b�� � �
<br /> paymeni:pay monthly to said ASSOCIATION of ihe sum specified in the Bond secured hercby as inicrest and principal on said loan,on or before . � �
<br /> the Twentie�h day ol'each and c��ery monih,until said lo�n is lully paid;pay all tases and asscssmcnts levicd�gainst said pcemises and on this Dlortgage � .
<br /> and the Uond secured there6q,be(oie drlinyuenc�:furnish approved insurance upun the buildings thereun in the sum o(S z5 500.QQ �����h�O �
<br /> to saiJ:1SSOCIATIO�:repay tu said ASSOCIATION upon demand:�ll monry by it paid for such taxas,auessments and ms�lrunce wnh interest at � � �
<br /> `�- tht maximum legal rate thereon from datc uf paytneni all of which 1lortgago�hereby ag�ezs to p�y;permit nu waste un said premises;kecp anJ cumply � . �
<br /> a;
<br /> with all the agreemenis and wnditions ol ihe�ond tor 525 50� �f�this day giren by the said\tongagur to said ASSOClAllO!�,and comply
<br /> with all the�equirements of thc Conslitution and By-Laws of sai �t IATIO�;then these presenis shall 6ecume null and�•uid,utherwire thay �
<br /> shall rcmain in(ull(mce and iruy be furccloud at the option of the vid ASS(KlAT10N after �81IlIIC �Of three nwnths to make any uC said �
<br /> paqments or be�hrre months in:�rrears in making said nronthly payments,or tu keep and comply�eith tlie agreements and conditions oC s:iid Uund;
<br /> and�turtgagor agrees to ha�•e a receiver appointed(orthwith in such lurcclosure proceedings.
<br /> i.�.� I(there is any change in ownership o(tl�c real estate mur[g�gcd hercin,by sale or otherwise,then the entire rcmaining indebtedness hereby
<br /> • secumd shall,at the oplion uf The Equitable 6uilding and Loan Association of Grand fsi�nd,Nebraskn,becomt immediatcly due and paynble N•ithuut
<br /> - further nutice,and lhe amuum remaining due under s:iid bund,and any other hond for any additional ad�ances made thereundor,ehall,from the �
<br /> �;.�� � date o(exerciu of said option,bcar interest�I the maximum legal rate,and this mortgage m�y then be forccioud to sa[isly the amount due on said
<br /> ' - bond,and any uther bond fur additional advances,toGethcr with all sums paid by said The Equi[a61e Building and Loan Association of Grand Island,
<br /> f� � �ebraska for insurance,taxes and assessmems,and abstracting extensiun charges,aith interest dmreun.(rom date of payment a[the ma�mum
<br /> � legal rate.
<br /> As provided in the Uond secured hereby,while this mortgage remains in et(ect the mortgagee m�y herea([er�dvance additional sums tu tlie
<br /> m�kers of said Bond,their assigns ur succcssms in intenst,which sums:hall be within the security of this mort�age Ihe same as the funds originally
<br /> ucured thereby,�he total amount of principal debt not to excced at any time the original amuunt of this mortgage. �
<br /> :,«a u,�5 8th a�v�r October �— ���•i�76 �
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<br /> ,G �•.J Ci��1..�.�.c•c.. �j'l'G'7i��-t�1+��
<br /> Roger .tdonson Patricia J. Mon, on
<br /> STATG OF NE�RASKA,�ss. On this $th day oC October l9]6 ,be(ore me,
<br /> COUMY OF HALL ; �
<br /> the unJersigned,a Notary Public in nnd for said County,petsunallycame , � ���;`.
<br /> Roger E. Monson aRd Patricia J. Monson, each in his and her own ri�t�t and as s�ous� �f c� :.
<br /> �� � ...� o dre rsona y nowntu 9 .
<br /> each other, . �rc
<br /> � me to be the ident�caf peison 5 whosename 5 are a(fixed lo the above instrument us mortgagor5 y°� they se��crall}' �
<br /> acknowledged the iaid,inslrument to be .th�]P voluntary act and dced. � `
<br />� Wf�'N[SS my hand and Notarixi Seal the date a(orasaid. � t �
<br /> rty,Comminionexpires ��,� 7, %��%� �I � ' ;,
<br /> � '�C . /,"�.'1�.� �-f.� .._��-v,l,��'_
<br />��: . -� � Notary Public
<br /> G�� s.i zn�n� _
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