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<br /> �fORTGAGG
<br /> n�oarcnce LonN�o.L 22,394
<br /> � I:NOW ALL h1LN BY THESE PRFSGNTS:That Edward M. Ryan, a S l Il)�8 P2P5011
<br /> htortgagor,whztlter one or more,in wnsideration of the sum of
<br /> Seventeen Thousand Five Hundred and No/100-- ----------------------------------- Dou.axs
<br /> � loaned to said murtgagor by The Equita6le Building and Luan Assuciation of Grand Island,Nebraska,Atur�gagee,upon �]5 shaces of stock of
<br /> said ASSOCIATlO�,Certificate Nu.L 22,394 ,do heeeby grant,com�ey and mortgage unto the said ASSOCIATION the following �. . � � . �
<br /> described�eal estate,situa�ed in Hall County,Nebrseka: . � . �
<br /> FRACTIONAL LOT SIX (6) IN FRACTIO?!AL DLOCK TWELVE (12),
<br /> IN H. G. CLARK'S ADDITI0�4 AND ITS COt4PLEMENT, TO-WIT:
<br /> FRACTIONAL LOT SEVEN (7) IN FRACTIONAL BLOCK NINETEEN
<br /> , (19) IN FAIRVTEW PARK ADDTTION, BOTH BEING ADDITIONS
<br /> TO THE CI7Y OF GRAN� ISLAND, NEBRASKA.
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<br /> . tugether witl� all the tenements,hereditaments and appurtenanres theraunto beloneing,including anached floor co��erings,all v,•indow screens, . � . . _
<br /> � window shades,blinds,sturm}�'indows,a�cnings,lieatine,ai�cunditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, �
<br /> refrigeraturs,and uther fixmres and eyuipment nuw or he�eaCter attached to or used in connectiun with said real estate. �
<br /> And Hhere�s the said mortgaguc has ag�eed and dors hereby agree that the mortgagor shall and will pay all txxes and assesements levied or
<br /> assessed upon uid premises and upor,this mortgage and the bond secured thereby before t!ie same shall become delinquent;to furnish approved �
<br /> insurance upon the buildings on said premises situated in the sum ut S �]�5QQ.QQ j»}'�I1I2 to said ASSOCIATIO\ and to deliver to said - . �
<br /> ASSOCIATlON the pulicies for said insurance;and not to commit or permit any a�aste on o��buut said prcmises: � �
<br /> �� In casz oC de(ault in the performance of any of the cerms and conditions o(this mortgage ur the bond secured htreby,the morig�gee shall,
<br /> �- ' on demand,be entitled to immcdiate possession ot the mur[gsged premisee and tLe moctgaeor hereby asiigns, translers and sets uaer to the . � � �
<br /> mortgagee all the rents,revrnues xnd income tu be derived Gom the moctgsged premises during such time as the morigage indebtedness shall remain
<br /> ; unpaid;and the mortgaeac sh�ll ha��a the pox�er to appoint�ny agent or agcnts it may dcsim(or the purpose uC repairing said premises and renting
<br /> ihe same an�collecting the rents,rerenues�nd income,and it may pay out of said income all expenses uC repairing said premises and necessery �
<br /> commi�siuns and cspenus incurrcd in rentinc and m�n�eing ihe samr�nd of collecting �entals therefrum;the balance remaining,if any,to be � .
<br /> applieJ toward the dischargc of szid mortgaee indcbtedness:thex rights of the moncagee may be cxercised at am�time during the existence of such .
<br /> i. ' default,icresprctirr of an}•ttmporan��•ai�•er u(the s;tme.
<br /> These Presents,ho��'e��cr,are upon the Cundition,Ttiat if the said\lortgagur shall repay s:aid Iwn on or before the maturity o(said shares by
<br /> , paymeni;pa}•montlily to said ASSOCtATIO�u(thr sum specit7ed in the Bond securad herehp as interes[and principal un said loan,on or befure .
<br /> � the T«'entieth day of each and e��er}•month,until s:ti1 loan is tully paid:p�y all tszes and assessments levied�gainst said premises and on this\turtgage
<br /> S� � and the Bund secumd thereby,befure delinyuenc��:iumish approved insurance upon the buildings thercun in dte sum of 5�]�5��.�� paya6le �
<br /> ;�.� to s:vid ASSOlIA710\;rep3y to said ASSOCIATI01 upon dem�nd all muney by it paid io�such taze�,assessments and insurance with intrrest at � _
<br /> � the maximum legal r��e thereon lrom dare of pa��mem all oi which�tur[g�gon c�reby:+grees tu paq:pennit no•xaste on said premises;keep end comply
<br /> i; Hith atl die agreements and conditiuns uf the Dond tor S�J 500.00 �his Say given by the said Alur[gagm to sxid ASSOCIATIO'�,anJ comply
<br /> wit1��ll�l�e requi�ements o(the Cuns�itution and Br-L:+W's o�said ASSOCIATIOV:then these presents shall become null and void,otherwise they .
<br /> sh�ll remain in(ull force and m�p be foreclosed at the option u(tht said ASSOCIATIO\ after failuu for threc months tu m�kr any of sxid
<br /> {"� paymente ur ba�hrce months in arrears in making said nwnthly payments,ur to keep end mmply with the agreements and mnditions of s�id[3ond;
<br /> f . ar.d�tortyngor eereez to have a receio�er appuin[ed forthwith in such foreclosure proreedings.
<br /> If them is any change in ownership of the re�l estate mongaged herein,by sale m othenvise,then the entire remaining indebtedneu hereby �
<br /> . secu�ed shall,xt the option ol The Lquitable f3uilding and l,uan Assutiation of Grand Island,\ebrask:�,become unmediately due and payable withuut
<br /> j� �; further notice,and the amuunt rem�ining due under vid hond,and any other bond for any additional ad�ances made thereunder,shall,Crum the
<br /> d�te of exercise o(snid option,bexr interest at the m�ximum Ie�l rate,and this murtgage may then be(oreclused m sstisfy the amount due on said
<br /> bond,xnd any uther bond(ur additional ad��ances,together witb all sums paid by said Ti�e liquitable Building and Loan Association of G�and Itland,
<br /> ` tiebraska Cur insurance,taxes and assessments,and xbstracting extension charges,n�ith interest thereon, from date of payment at die maximum
<br /> - legal rate.
<br /> 1s pmviJed in ihe Uond secured hereby,while this mongage remains in etfect the mongaeee msy heeeafter adrince additiunal sums to the
<br /> mske�s o[said Bond,chtir assigns ur successurs in interest,x�hich sums sh�ll be within the sacuri�y uf ttus mortgage the s�me as the funds originnlly
<br /> � ucured theceby,the tutal amount of principal debt not to exceed at any time the ori�in31 amount o([his murtgage.
<br /> Dated this 27th a�y�r October a.o..���76
<br /> ;;-/�..-�--�-/�I/,.'��'�_
<br /> Edward M. a �
<br /> STA7'E OFNC•BItASKA.�ss. On this Z�th day uf October ly ]( ,before me,
<br /> COUNTY OF HALI.
<br /> the undersigned,a Kotary Public in:�nd Por said County,personally enme ' ��',�,'
<br /> Edward M. Ryan, a single person ' N�
<br /> � who js personslly known ro _.
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<br /> me to be the identical person whose name 1 S a(fixed to the abo�•e' rumc as mongagor and he sXv���i
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<br />�r�;�� acknowledged the said inslrument to be Il l S volunt�ry act and decd. � _ i�/ �� � I� '
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<br />�. E _.X7L'tFSS.mylund and Nu[arial Seal the date atoresaid. �� � , . ;� /�� % �
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<br />_ I � '�tY CArtimissio�l expires ��.iG,�/,� �. ` � j�/ti L�, ..
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