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<br />�` 76- C)06327 �
<br /> AtORTC,ACL :
<br /> hfORTCACflL0ANN0. L22>4�Z MGIC
<br /> �owaLLm��NSYTEtEseraEseNrs:Tnai Thomas F. Kinman II and Mari Ann Kinman, each in his and
<br /> � her own right and as spouse of each other
<br /> Mortgagor,whether one or more,in wnsideration of the sum of
<br /> ` Fortv Four Thousand and No/100-------------------------------------------------.�oLLA��s
<br /> loaned!n said mortgagor by The Gquita6le Building and Luan Associatiun o(Crand Island,Nebraska,Ator[gagee,upon 440 shares of stock of � � . � �
<br /> said ASSOCIATION,Certificate No.LZ2 40�2 M�IC ��O hereby grant,convey and mortgage unto the said ASSOCfAT10N the following
<br /> . described real estare,situated in Nall CounZy,Aebras}:a: , � �. � . . .
<br /> Lot Eight (8) in Block Three (3) in
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<br /> Bel-Air Addition to the City of Grand
<br /> Island., Hall County, Nebraska.
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<br /> �' together with all the tenements,hereditaments and appunen�nces thereun�o belonging,induding attached fluur wverings,all window sareens, � - �
<br /> i window shades,blinds,storm windows,awnings,hea�ing,air condi�ioning,and plumbing and water equipment and accassories d�ereto,pumps,stoves,
<br /> - refrigera�ors,xnd other fixwres and cquipment no�e or hereafter attached to ur used in connectiun with said real estate. . ; �
<br /> , And whereas the said mortg�gor has agreed and does hereby agree that the moctgagor shall and will pay alt taxes and assessments levied or � � � � �
<br /> ^ � assessed upon said premises and upon this mor[gage and ihe bond secured therebv before the same shxll become delinquent;to furnish approved
<br /> ' insurance upon�he buildings on said pcemises sitaated in the sum of$Gl}�QQQ.QQ payable to said ASSOCIA710N and to deliver to said
<br /> �'� ASSOCIATION the pulicies for s�id insurance;and not to commit or permit;�ny a•este on or about said premises; � .
<br /> - In case oC default in the per(ormznce of any of the terms and conditions oC this mortgage or the bond secured hereby,d�e mortgagee shall, . � �
<br /> _ on demanJ,be entiticd to immediate possession of thc mo�tgaged premiscs and the mortgagor l�ere6y assigns, transters and sets over to the . �
<br /> mortgacee all ihe rents,revenues and income�o be derived Gom the mortgaged premises during such time as the mortgage indebtednes:shalt rem�in � .
<br /> unpaid;and the mortqagee shall have the power to appoint any egent or agents it may desire tor the purpose of repairing said premises and renting .
<br /> the ssme and collecting the mnts,re��enucs and income,and it may pay uut uf said incume �ll expenses of repairing said p�emises and necessary .
<br /> commiizions and expenses incurred in renting and mana�ing the same and of cullecting rentals therefrom; the balance remaining,if any,to be � � �
<br /> y{ ' applied toward the discharge o(s�id mortgaee indebtedness:these rigftts ol ihe mongagee may be exarcised at sny time during the existence of such
<br /> default,irrespective of�ny temporap�wai��er of the same.
<br /> �r These Presents,horvever,are upun the Condition,77iat if the said�forigagm shall repay said loan on or before the maturity of said sharcs by . �
<br /> paymenr,p�y monthly to said ASSOCIATIO\uf ihe sum speaified in the BonJ secured hereby as interest and principat on said loan,on or beiore � �
<br /> the Twentieth day of rach xnd every month,until vid loan is Cully paid;pay all taxes and assessment:levied ag;�inst said premises and on this 9lortgage . �-
<br /> � and the dond secured thereby,beforc delinyurncy;furnish xppmved insurance upon the buildings theaon in the sum uf S 44 OQO.O.� P�Ya61e . .
<br /> � � to aid ASSOCIATIOK:repay to said ASSO('IATION upun dem�nd all mm�ev by it p�id Cor such taxes,assessments and ins�rance with interest at � �
<br /> t#.� ; the maximum legal rate thereon from date uf paymrnt all of which Atortg�gur hereby agrees to pay;permit no waste on said premises;keep and comply
<br /> with all the aercrments and conditiuns of the Bund tur$44 �Q(�.(�n this daq givan 6y the s�id Atongagor[o said ASSOCIA'fION,and compty � �
<br /> with all ihe eeyuircments of the Constitution and ByLaws o'�said ASSOCIATION;then these presents shall become null and vuid,othenvise thev
<br /> shall rem�in in ful!furce and ma)'be furecloud at the uptiun ol'the said ASSOClAT10N after failure fur three months to make�ny of said
<br /> . payments or be three momhs in arren�s in mxking said ntouttJy payments,or tu keep and cumply with the agreements and conditions of said Uond;
<br /> r_. � and�1or�gaEor agrces to havt a receiver appuinted(onhwith in such fureclusurc proceedines.
<br /> + If there is any change in uwnership uf the rcal cstate mortEaged herein,by sale or otherwise,then the entirc remaining inda6tedness hereby
<br /> � secured shall,at the option of The Lquitable Building and Luan Associ�tion oC Grand ISland,Nebraska.become immediately due and payable without
<br /> further notice,and thc amount remaining duc under saiJ bond,and any other bond fur any additional advances made thereunder,shall,from the
<br /> _ date o(exercise o(said uptiun,bear intcrest�t the maximum legal rate,and thie morigage may then be(ocedosed ro satisfy the amount due on s�id
<br /> � bond,and any other bond for aJditional ad�ances,together with all sums paid by said The[quitable fiuilding and L.oxn Association oC Grand Island,
<br /> � Nebraska for insurance,taxes xnd asiessments,and abstracting eatension charges, with interest thereon,from date of p�yment at the ma�cimum
<br />. fi . kgal rate.
<br /> As pruvided in the Bond securcd hereby,while this mungage remains in eff'ect the mortEagee may hereafter�dvance additional sums to the
<br /> makers uf said Bond,their assigns ur succeswrs in interest,which sums shall be within the seeurity of this mortgage the same as the Cunds originally
<br /> � secured thereby,�he tote!amounl of principal da6t nut to exceed at any time the original amount of this mortgage.
<br /> � ��tea u . lst , a�y�r November A.D..19�6
<br /> 5 , ! � � r.�.i.�_
<br /> Thomas F. �nman II •
<br /> � __��-� n., . 1'i.�=�^�— _
<br /> Mari Ann Kinman r
<br /> STATEOFNL•IIBASKA,1 u Onthis lSt da of November J6
<br /> COUN'IY OF HALL� Y 19 ,beforc me, ! l
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<br /> Th as F. Kinman II and Mari Ann Kinman, e���`F�1°��iS;��,a��o�a���,bi;�y�an�����;a���c�,���Pa����m� � ` N •,�
<br /> � ther who drg personally known to � � '
<br /> L �,{d�c�h�}d��tca rson g whou name S� dre a(fixed to the above ins�rument as mortgagor S ��� t hey ��'erall�• .¢
<br /> �� 'r
<br /> ,�owlydged�lf{gaid i strument[o be tf127 P coluntary act and deed. Sp� �. '
<br />- �� �OTARY ���y S my hand and Notarial Seal the date aforesaid. ' � LA ��
<br />'k: � , COI,:R715StON ��
<br /> -. � � EXPIRES !�lyCcdrimissionex ires�� � J� 1 � -
<br />.. �,.A�� y:: P � �J` ,��Ti� ',� ��S. t�\'�:.,+,A
<br />� J'!�• 31;�.���c�� ' \ttary PubGc
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