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<br /> �_'~- 006258
<br /> DfORTGAGG
<br /> �IORTGACB LOAN N0. L PZ,3BO
<br /> I:NOWALLr1GNBY'fH85EPRESGNI'S:That Ruby Hofrichter, a 5111J�2 P2P50(1
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<br /> Atortgagor,whether one or more,in wnsidere[ion of the sum of
<br /> p' Five Thousand One Hundred and No/100----------------------------------------------vo[.Lntzs
<br /> luaned lo said modgagor by 7he Gyuitable Building and Luan Association of Grand Island,Nebratka,Alortgagee,upon 51 sharcs o(srock of
<br /> said ASSOCIATION,Certificate No.L 22�38� ,d�hereby grant,convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in llall County,Nebraska:
<br /> LOT SEVEN (7) IN ED ROSS SUBDIVISION N0. TWO
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<br /> (2), IN GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> to¢ether with all the tenements,hereditaments�nd�ppunenanas thereunto belunging,including attached flour covzrings,sll v.�indow screens, � �
<br /> wmdow shades,blinds,storm windows,awnings,heatine,ai�conditioning,and plumbine and water equipment and accessories thercto,pumps,stoves, � ,
<br /> retrigerators,and other fixtures and rquipment now ur hereaCter attached�o or used in connectiun with said�eal esiate. � . � �
<br /> � And���hereas the said mortgagor has agrced anu does hereby aeree dtat the mcrt@sgor shall and will pay all taxes and assessmenu levied or -
<br /> assessed upon uiJ premius and upon ttiis mortgage and the bund secuted thereby 6efore tht same shall becume delinquent;to(urnish approsed ' �-
<br /> insurance upon tlie buildings un saiS premises situated in the smn of 5 5����.�� p�>'able tu said ASSOCIATI01 and ro deliti�er[o said
<br /> ASSOCIATION die pulicies!or said ineurance;and not to commit or permit any wasee on or abuut said premiser, . .
<br /> In cnse of de(ault in tht performance oi any of ihe terms and conditions of this mongage or the bund secured l�ereby,the mortgagee thall, � . �
<br /> on demand,bc entided to immrJiate pussession of the morteaeed premises �nd �he mort�gor hereby xssigns, transfers and sets o�•er to the
<br /> ;F�� , mortgagee all the rents,revenues and inrome to be deri��ed trum the morteagrd premises during such time as the mortgage indebtedness shall remain � �
<br /> ' unpaid;and the mmtgagee shall have the power to appoint any agrnt or agents it mny desire fur the purpuu of repairing said premises and renting .
<br /> the samo and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary . �
<br /> � commissions and expenses incurred in renting and man�ging the same and o(collecting rentals therefrom;the balance remaining,if any,to be � � �� �
<br /> applied toward the discharge of said mor�caee indebtedness:these rights uf the moncagee may be exercised at any time during the exis[ence of such
<br /> default,irrespecii��e o(any tempvran�wxiver oC thc same. .
<br /> Thcse Yresents,however,are upon ihe Condition,That il thc said lfong�gor shxll iep�y said loan on or before the m�turity o(said shaces by
<br /> payment;psy monthly to said ASSOCfATtO�uf the sum speci(ied in the Rond ucured heceby as interest and principal on said loan,on or befom - �
<br /> ` the T��'entieth day of each anJ even-month,until said luan is fully paid;pay all taxes and sssessmrnts le��ied against said premiset and on this lfoneage
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<br /> � and ihe Bond secured thereby,beiure delinquency:iurnish approved insurance upon the buildings lhercun in�he sum o(S 5 �OO OO P�5'able �
<br /> tu said ASSOCIA710\:repay to s:aid ASSOCIATI01 upon demand all money by it paid(ur such taxes,a:sessments and m3urance w�th interest at . �
<br /> �7- Ihe mnrimum lrgal rate thercon from d:�te of p3yment�II of«�hich Atortgagw hereby agrees to pay;permit no waste on said prenuses;keep and comply
<br /> - with a11 the agreements and condi�ions o(the Uond(or S 5�]00 �� tlus dsy given 6y the said Dtongagor ro vid ASSOCIATION,and comply
<br /> - with all the reyuiremen[s of the Cunstitution and lly•Laws ut said�ASSO('1AT10V:thrn these presents shall become nuU and void,odierwise they
<br /> sli�ll cemain in(ull force and m�y be(oreclosed at the uption o(the said ASSOCIATION after tailure for three monUis tu meke�ny of said
<br /> -� ' payments or br�hree monihs in ai«ars in maAing said moruhly pxyments,or w keep and comply with the a�eements and conditions uf said Dond; �
<br /> �` � and Dfon�:+gor auees tu hare a receiver appuinted(orthw•ith in surh foredosure prucecJings.
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<br /> . If therc is any dtsnge m ow�nership of�he real es�ute mortgagrd herein,by sale o�utherwise,then the entire remaining indebtedness hereby
<br /> ucurcd sliall,at the uptiun of The Equit�Ule Building and Luan Association of Gr�nd Island.lebraska,become immediately due and payable without
<br /> � fur�har nutice,and the amount remaining duc undcr said bund,and aiq�other bund for any additional advanres made thereunder,shall,Crom the
<br /> r � d��e of ezercise of s�id option,brar in�e�est at the maximum lo�al rate,nnd this mortgage may�hen be lo�eclosed to satisfy the smount due on ssid
<br /> . oond,and any othe�bond for additiona�aJvances,toFether�eith all swns paid by said The Equitable Building and Loan Association of Grand Island.
<br /> ; \ebraska for insurance,taxes and asxssmrnts,and abstracting extensiun chnrges,u�ilh interest thereon,Crom date o(payment at the m�ximum
<br /> Icgxl rate.
<br /> � As'pru�•idrd in the Bond secured hereby,while t.`.i;mong�ge rem:+ins in elfect the murtgagee may herrafter advence additional sums w the
<br /> - makers u(said 6ond,their assigns o�succeswrz in interest,which sums sh�ll be within the secu�iry of this mortgage the same as ihe funds uciginalty
<br /> sccured thereby,the total amouN of principal debt not to excecd at any�ime the ori�inal amovnt o(this mongago.
<br /> Dated tliis , j9t day of October A.D..]U ]6
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<br /> Ru y Hbf chter ,`
<br /> STATE 0�NE➢RASKA, Ss. On this l9th day o( October �9�6 ,before me,
<br /> COUN7'Y OF HALL} j
<br /> � the unde�sig.ned,a Notary Public in and for said County,perwnatly came
<br /> Ruby Hofrichter, a single.-person �N .�
<br /> ;. _ �� whu �S ptrwnslly known m
<br /> � L me to be the identicai perwn whose aima`��j� ' ��;qftjxed to the above insuununt as mortgagor and Sh8 X4hR7l�' �
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<br /> � acknowledged the mid instrument to be hgr �� �ioluai5ry a`ct57�d deed. h ' .
<br /> IVITftLSS my hand and fdotxnil Seal Ihe d'ate afottsa�il: �
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<br />�� AtyComminionexpires � � �9�� �� /� /� ��Ju�'u���
<br />� r sL���I.LJ C �/ lotary Yubtic
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