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<br /> MORTGAGB
<br /> AfOR'IGAGI:LOAN N0._�_2Z,449
<br /> , � KNOWALLM@NBY'fHESGPRESGNTS:Thet Chesley S. Baker and Della R. Baker each in his alld
<br /> her own right and as spouse of each other
<br /> ' Mortgegor,whether one ot more,in consideration o(the sum of
<br /> � Th9rty-four Thousand and No/100--------------------------------------------------- Do�Lat�s
<br /> loaned to said mortgagor by The L'yuitable Building and Luan Asmciation of Crand Island,Nebraske,t�tortgagee,upon 340 shares of stock of
<br /> said ASSOCIATION,Certi.ficate.No.L 22,449 ,du heroby grant,convey and mortgage unro the said ASSOCIATION Uit following � .. � � . � - �
<br /> described real estate,situvted in Ilai Cuunry,Nebratl:a: � .� . . �
<br /> THE 4JESTERLY SEVENTY-NINE (79) FEET OF LOT NINE (9), ,
<br /> IN BLOCK THREE (3), IN PLEASANT VIEW THIRD ADDITION
<br /> TO THE CI7Y OF GRAND ISLAND, NEBRASKA.
<br /> together «�ith all ihe trnements,hereditemems and appurtenances thereunto belonging,including attached ffoor coverings,all window screens, � � � �
<br /> window�hades,blinds,storm winduws,awnings,heating,air conditioning,and plumbing and watereyuipmentand accessories lhereto,pumps,stoves, �. � �
<br /> reGigerators,and other fixtures and equipment now or heceafter attaclted to or used in connectiun with said real estate. � � � .
<br /> And whereas the said mottgagor has agrced and does hereby agree Uiat the murtgagor eliall and will pay all tare:und assessments levied or � . . � .
<br /> { anessed upun said premises and upon d�is mortgage and the bond secured tl�creby before the same shall 6ecome delinquenl:to furnisL appmved . � �
<br /> insuronce upon the buildings on said premises situated in the swn u(S 34��0�.�� payable to said ASSOCIATION and [o deli�er to said. � � � �
<br /> �+�� ASSOCIATIOtd the pulicies for said insurance;and not tu cummit or permit any waste on or about said premises; � �
<br /> In case o(default in tlie performance of;�ny uf the terms and wnditions o!diis murtgage or t6e 6ond secured hereby,d�e mortgagee shall, � � � �
<br /> 4� on dcm�nd,be entiticd to immediatc posseuion o(d�e murtgaged premiscs and the mortgagor hereby assigns, transters and sets over to the .� � . �
<br /> moctgagee all the cents,cevenues and income tu be dcrived from the mortgaged prcmises during such time as the mortgage indebtedneu shall remain
<br /> unpaid;aud the nmrt�gce shalt have thc powcr tu appoint any agent or agents it may desire for the purpose o(repa'ving said premises and renting � ��
<br /> tl�e s�me and cullecting the�ents,revenucs and inwrne,and it may pay out of s:iid income all expenses of repxiring said premises and necessary � � .. . � ..
<br /> " commissiuns and expenses incu�red in renting and mannging the same and of collecting rentals there(rom;the balance remaining,if any,to bo
<br /> :x�� � applied tou�ard the discharge uf said morigage indebtedness;these rights of the murtgagee may be exercised at any time during the existence of such �
<br /> .t;.�. dcfault,irrespective of any temporaq�waiver of die s�me. . . �
<br /> ° These Presents,huwever,are upon the Condition,Th�t if Ihe said�fortgagor shall rcpay s�id luan on or beforc d�e maturity o(said:hares by � � � �
<br /> �'� payment;pay monthly to said ASSOCIATfON uf�he sum specified in the Bond secured hereby as interest and principal on said loan,on or before � . �
<br /> the Tweniieth day o(cach and every moNh,umil ssid loan is fully paid;pay all taxes and assessments levied against said premises and on this Atortgage � � � �
<br /> and the BunJ secured thereby,before delinyuency;(umish approved insurance upon the buildings therzun in the sum of 5 34 OOO.,�Q P�)'�ble � :
<br /> to said ASSOCL�TIO\;repay to saiJ ASSOCIATION upon demand all money by it paid for such taxes,assessments und irsur�nre wrt mterest at � � �
<br /> �he maximum legal rate thereon from date of paymrnt all uC wliich�tortgagor hereby agrces to pay;permit no waste on srid premises;keep and comply � � . �
<br /> � with all�he agreements and conditiuns uf the Bond for S 34����.0�this d�y given by�he said Afortgagor tu saiJ ASSOC(ATlON,and comply
<br /> t'' with all lhe reyuircmenis of tl�e Constiwtion and By-Laws of said ASSOCIATIOV;thcn these presents shall become null and void,othenvise they
<br /> .' shall remain in full foree and may be(oreclosed a[the option uf the said ASSOCIATION alter f�ilure for thrce months tu make any uf said � �
<br /> payments or be lhree months in arzcars in making said monthly payments,or to keep and comply with the agreementt and conditions of said[iond; �
<br /> and Alurtgagor ag�ees to have a receiver appointed furthwith in such fureclosure prureedings. �
<br /> �"� If iherc is any change in owneeship o(the eeal estate mortgaged herein,by sale or utherwise,then tht entirc remaining inJebtednees hercby
<br /> F: � secured shall,at the uption of The Lyuitable 6uilding and Loan Association oC Grand Island,Nrbraska,become immedialely due and payable without �
<br /> (urther nutice,and the amount remaining Juc under said bond,nnd any o�her bond(or uny additional advances made themunder,sl�all,from ihe
<br /> . date uf exercise of said option,bear interest at the maximum lega!rate,and this mortgage may then be foreclosed to satisiy tht amount due on said �
<br /> t � bond,anJ any olher bond(or additional advances,together wiih all sunu paid by said The L'quiluble Building and l.oan Association of Grand Island,
<br /> a�� Nebraska for insurance,taxes:fnd assessments,and absiracting extension charges,with interest thereon,Crom dete of payment at die maximum �
<br /> Icgalrxle.
<br /> : As providcd in the Bond secured here6y,while this mortgage iemains in ef(ect the mortgagee may hereafter advance additionsl sums to the
<br /> , makers of said Uond,their arsigns or succenors in interest,which sums shall be within d�e security ot this murtgage the same as the funds ocigirmily
<br /> uwrcd thercby,the total amount o(principai debt not m exceed a[any i' e the original amount of this mortgage.
<br /> �! Date tis � dayo( A.D..�J��/
<br /> es ey a er �
<br /> �;,.<��.... !' !a w:(.�-,:
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<br /> Della R. Baker
<br /> STATE Of NGBRASKA,�ss. On this �
<br /> COUNTY OF f1ALL �th �aY of December I J ]( ,beforc me, `.(
<br /> a'�,
<br /> lhe undersigned,a Notary Public in and for said County,personally came
<br /> Chesley S. Baker and Della R. Baker each in his and her own right and as spouse of each N -
<br /> other who personally known to a
<br /> . � me to be the identica!personS whose name5 are affixed to the above ins nt as mortgagorg and they soverally �.
<br /> s. acknowledged the said instrument to be thei r ���untary act and dced. � `
<br />'' � R7TNESS my hand and Notarial Seal the date a(oresaid.
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