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<br />�;:`. n�ox�rGACG LOAN N0. � 22,381
<br /> ^ KNOH'ALL AfLN 13Y TIIC•Sli PILL'SI3N1'S:7'hat Lynn Mi 1 dred Drawbaugh, a s i ngl e person
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<br /> ;� ' htorlgagor,whether one or more,in consideration of Ihe sum of � .
<br /> '" Tan Thnucand Fi�ht Hiip�ad and Nn/100-------------------------------------------- noLLARs
<br /> baned lo said mortgagor by The f:yuilable Ouilding and Loan Associatiun of Grand lsland,Nebraska,�lortgagee,upua�a shares oC stock of
<br /> - said ASSOCIATION,CertiGcate No.L 22�$1 ,du her�by grant,cunrcy and mortgage unto tl�e said ASSOCIATION lhe fullowing �
<br /> � described real esla�e,situated in Ilall County, ebraska: .
<br /> LOTS THREE (3) AND FOUR (4) IN QLOCK TWO (2) IN
<br /> ` ' CLARK'S ADDITION TO THE VILLAGE OF WOOD RIVER,
<br /> HALL COUNTY, NEaRNSY.A.
<br /> . together µ�ith all Ihe �enements,hereditaments and appur�enances d�eromuo bclonging,including sttached floor cut�erings,all window screens. .� .
<br /> 1V111(IO\5'SIIBIIL'S�blinds.siorm winduws,awnings,he�ting,air wnditioning,and plwnbing:�nd a��tercyuipment�nd accessories thereto,pumps,stoves, .
<br /> � rel}igerators,and oiher fixlures:�nd equipment nma or herea(ter attached tu or used in connceiion«�iltt said real estate.
<br /> And whcreas the said 1➢OflEB�'O(I1:IS 86fCClI BpII(IOCS Itl'fCI7�':Ibfl'l'Ill:il the moneueor shall and wil!pay all taxes and assessments levied or � �
<br /> � assessed upun said premires and upon this mortgag�and�he bnnd secu�ed therebv befine d�e same shall become delinyuent;tu furnish approveJ
<br /> insuruncr upun the huildings un said premises situated in ihe sum of S�O,8��.�� p:�vable to said ASSOCIATION and to deliret tu said
<br /> ASSOCIATION the pulicies fur said insur�nce;and not tu mmmit or permit any waste on or about s�id premiser, � �
<br /> In casr u(de(ault in ihe pedoun�nce of'any of d�e terms and conditiuns oC d�is nwrtgage or the bond secumd hereby,tLe murtgagee shall.
<br /> on demand,bc eutidrd to immediate pussessiun of the mortgaged premiscs and the mor[g�gu� hereby assigns, trsns(ers and sets ocer to dic
<br /> � mong�gee all the rents,revenues and incume to be deriveJ from the mungaged premises during such time as the mortg�ge indabtrdness ehall remuin � �
<br /> - IIII�lU1lI:811�IIIC IDOfI�;��Cl'SII:III YI'JYl`Q1L'F)UWl'f N B�lF10111[111�'8�l'ill or agcnts it may desire ior tlic purpust o(repairing said premists and renting
<br /> - . thc s�mc and cnllrcting die rents,revenucs and income,anJ it m:ry pay out of said incmne all ax�nsrs of repairing said premises�nd neressary
<br /> cummissions and expenses incurrcd in renting and managing the s�m�•�nd ��f collecting remais :herefrom: the balance cemsining,if any,to be
<br /> - � applied loward ihe Jiccharge o(s�iJ mu�teage indebtednrss;these rights o(the mortgagce may be exerci�ed at any time during the existence of such
<br /> defauh,irrrspective of any ternpurary wai��er uf th�same.
<br /> ' Thesr Presents,huwever,are upuu the COOlIIl1U11.�IlBI 1�[I1C 5:11(I��OfIC�!10f SIIJII(C�ld\'SlIII IUBp UII Uf b0�0(t II7C 1113WIllY UI 581(I SllilfrS b\'
<br /> � payment:pay mondily to s:�id ASSOCLI7'ION u(the�um>peciiied in the Iiund secured hercby�s intercst and principal on said loan,un ur befure
<br /> � the Twentieth day u(each and even•month,until s�id lo�n is fully paid:p�y alI�axes aud assesnnents lecied against said premises and on this 9fortgage
<br /> . anJ�he 6uud securcd thereb}•,bn(ure delinyuency;lumish approved insurance upon the buildines�hercon in the sum ui 5 ���$Q�.�� pagable
<br /> to s:iid ASSOCIATIO\:rep�y tu said ASSOCLCIIO\upon demand all monev by it p�id fur such taaes,assessments anJ insurana with interest at
<br /> thc mazimum Iccal r�ic ihereon frum datc uf payment all uf whicli�tungaeur hereby agrees w pay;permit no waste on snid premises:keep and comply
<br /> �eith all ihe agrcemcnts and condi�ions o(ihn I3ond for S �9 ag� (�(�this day gi��eu by Uie:aid 1loctg�gur tu s�id ASSOCIATIOti.and tumpl��
<br /> � with all thc requiremcnts uf the Cunstitutiun and By-La�vs u �ai SS6CIATIOV:ihen these pre�ents shall hecume uull and vuid,othanvise they
<br /> shall iemain in full(orce and may be foreclosed a[the uplion u(tht taiJ ASSOCIATIOV a(ttr failure (or three inon�hs eo mika any of said
<br /> �1JYIllI'lil5 Uf be Ihree ntonths in arrears in making saiJ munthly p�yments,ur w keep and cumply�ci�h ihe agreements and cunditions uf said 8ond:
<br /> and\lurlgagor agrees Io haac a recciver�ppoinled(unh�t�illi in surh(ureclusure pruceedines.
<br />. a IC thcrc is�ny change in uwncrship u(the real estatc murtgagcd herein,by�le or otherwix,dien Ihe cntire remaming indabtedness hereby
<br />� i� sccured shall,al Ihe uptiun of Thc Gyuitablc Building and Luan Associatiun o�Grand Isl�nd,NeUraska,become immediatelq dua and pa}�a61c without
<br /> further notice,and the amount «maining due under said bond,and any uther bond for any additional�dcancts made thercunder,shall,frum the
<br /> date of exercise of said opliun,bear interest m the maxirnum Irgal rate,and ihis nwrtgace may then be(orecloscd to satisfy thr amuunt due on said
<br /> bond,and any other bond fur additional advanres,tugethe�with all sums'paid by said'fl�e I:yuiiable Building xnd Luan Associatiun of Grand Island,
<br /> Nebraska fur insurance,taxes and assessments.�nJ abstracting estension charges, with interest thereon, from date of payment at the maximum
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<br /> As providcd in tl�e[tond securcd hcreby,whilc�his nwr�g:�ge rcmains in elfcct the mor[gager may herea(ter advance addilional sums to thc
<br /> ❑19ICC6 O�S�iII BOI1lI,lheir�ssigns ur successurs in interest,which sums shall be within ihe xcurity of�his murtgage the same as the(unds originally
<br /> "�'� ucurcd thcreby,thc total amount of principal dcbi nu��o exceed at any time�hc nriginal amount ot this mortgage.
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<br /> Duted tliis Z�th day uf October n.n..i��76
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<br />'�`` Ly'nn Mildred Drawoaugh
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<br /> ' STAT@ OP NGDILASKA,l ss. On d�is Z�th day of October I J)( ,be(orc me,
<br />�.._ COUNTY OF HALL J �
<br />��I� , Ihe undersigned,a Notan�Public in and for said Cuunty,personally came .. "�.'�{:'
<br />��q�: Lynn I�ildred Drawbaugh, a single person N ;.
<br />�S� � �� ���10 1 S persunally known ro � y .'
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<br /> t� I me lo be the identical peaon wliysc�name -, 1 S ..���i.,aCfixcd to thc above instrumcnt as murtgagur �nd She severally I �
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<br />,�., acknowledged ihe said instrument ta hc<:; h2.P'� � vylunt�ry,act and deed. 1�' �.
<br /> � N7TNFSS mv hand and\ota[iul�Seal the dutc aforesaid. ' �
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