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<br /> KNOWALLt�1F:NBYTHGS[PRLSENI'S:That David D. Marsh and Jacquelyn C. Marsh each 1� h1S
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<br /> and her own right and as spouse of each other
<br /> � : _________A1ortgagor-whe[heroneormore,inwnsidcrationofthesumot _ . � � , �
<br /> ` Twenty-eight Thousand And No/100---------- ------------------------ ������
<br /> . luaned to said mortgagor by Thc Gquitable Building and Loan Association of Grand lsland,Nebraska,�tortgagee,upon 28� shares of stock of � � . � � � .
<br /> ' . s:�id ASSOGATION,Certificatc ho.L z2,456 ,do hereby gmnt,convcy �nd mortgage unto the said ASSOCfATION Ihe following � . � � �
<br /> described real estate,situated in Ilal!Coun[y,Nebraska: . � ��
<br /> �;..:�.; . . � �.
<br /> THE 41ESTERLY SEVENTY-SEVEN (W 77') FEET OF LOT ,
<br /> f.
<br /> TWO NUNDRED TWENTY-EIGHT (228) IN WEST LAWN, .
<br /> :� ; AN ADDITION TO THE CITY OF GRAND ISLAND, HALL
<br /> COUNTY, NEBRASKA.
<br /> �
<br /> :#
<br /> k� � toge�her with all the �enements,heredi�aments and appurten:�nces thereunto belonging,including attached ilour coverings,�ill window screens, .
<br /> . window shades,blinds,stonn windun�s,awnings,heating,ai�conditioning,xnd plumbinc and«�ater eyuipmem and accessories the�eto,pumps,stoves, _ .
<br /> refriGeratoa,and o�her fixmres and eyuipm:nt no���ur hereafter attachrJ to or used in cunnection��•ith said rea!estate.
<br /> And a�hereas the said murtgagoc has agreed and docs liereby agcee that die murteagor shalt and will pay all taxes and assessments levied m � � . .
<br /> ' assessed upon ssid premises and upon tl�is moelgage�nd the bond secured thereby 6e(ore the sarne shall become delinquent;ro furnish approeed �
<br /> .� insurance upon the buildines on saiJ premis:s situa�ed in the sum of 5 28�QQQ.00 payablz tu s:iid ASSOCIATfON and to delieer to said
<br /> ASSOCIATIO�v the pulicies for said insuran�e;and not to cummit or pemut any was�e on or about said prcmises �
<br /> � In case ul'default in ihe perform:�nce of any uf'the tarms nnd cunJitions ot this mortgaee or the bond szcured hereby,the mortgagee shall, �
<br /> � un d.mand,be entiiled to immediate posxssian oi the murtgaged premises and the murtugor hareby assi�u, tranefers end sets over to the - �� � . �
<br /> t. mongagee all thr ients,rcvenues and incume tu be derived from the morig�ged premises during such time as the morteage indebtedness sl�all remain : �
<br /> � unpaid;and the mongagee shall have the po�ver�o�ppoint an�•aeent or�gents it may desire t"or the purpose o(repairing said premises and renting
<br /> the same and collecting the rents,rerenues and income,and it may pay out o(s�id inmme all expenses uf repairing said premises xnd necess3ry " �
<br /> _ � commi�sions and expenses incurred in renting nnd m�naging the sanu and o(collecting cent�ls there(rom: the balance rcmaining,if;fny,to be � �
<br /> . applied toward the dischxrge o(said mwtgage indebiednzss:these rights uf ihe murteagee may 6e exercis:d a[nny time during the existenee oC such �
<br /> +� - default.irresprcti�-c of auy tempurary w�aiver ut d�e same.
<br /> � Thrsr Presents,hu«�ever,are upuu the Conditiun,That i(the said�lortgagor sh;�ll rep:�y said luan on or befom the maturity oi said shares by
<br /> G� payment;pay montfdq to said A550CIAT10\ul the�um speciGod in the 8ond secured htreb��as intercst and principnl on said loan,on or belore . �.
<br /> � the T��'enU:tL d�y u(e�ch ar.d ever��month,until s�id lu�n is Cully paid;psy all taxes and sssessmems levicd agains�said prcmises and on this!�tortgege
<br /> and d�e Hond xcured thereby,befo�z delinquency:iu�nish appruced insur�nce upon the 6uiidines thercon in die sum af S 28����.�� payable �
<br /> tu wid ASSOCI�U(OV:icpay iu said ASSOCIATION upon demxnd all nroney by it psid for sucli taxes.assessmen[s and insurance wi�h interest a[ �
<br /> � the maximum legal rate�hcreon irum daie ul paymcnt all of w•hich�fonF�gor liereby agrees tu pay:permit no waste on snid premises;keep and cumply
<br /> +ciih all the aereemems and conditiuns oi the 9ond fur S ZH,���.�� ihis day gicen by ihe s�id Afortga¢ur w said ASSOCIATIOV,end comply -
<br /> � u�itl�all thc�equirements uf the Cunstitution:+rd 13y-Laws uf s�id A55(XIATION:then these prcsents�hall buome null and void,otherK•ise they
<br /> shall rrmain in full furce a�id may be tureclosed ai the optiun uf the s:�id ASSOCL�TIOV afier failure ior three months w m�ke any of said
<br /> � payments uc be�hrec monU�s in artears m makin@ said munthly psyments,or w keep and comply u-ith the agreements and conditions uf said llond;
<br /> and 1lorte�gu�a�rces io h�ve a r��cervtr appointed(onhwiil�in such fnredusure pructedingt.
<br /> If there is any change in o���nership ol thc rea!rstate murtgeged herein,6��sale or otheneise,then the entire remaining indabtedness hereby
<br /> - secured shall.at the opiion of The Lyuitable fiuilding xnd Luan:1:sociation ot Grand Island.Nebraska,become immediately duc end payable without
<br /> further noticr,and ihe amount remainint due une!er s�id bund,and any mher bund tor any�dditional ad�ances made thereunder,shall,trom Ihe
<br /> date of cxercise o(said uption,bcar uurrest at thc maxirnum leeal rate,and this murtgage may then be(oceclosed to satisCy thc amount due on said
<br /> bond,and any uther bond(o�additiunal adtimnces,toccther H�ith all sums paid by s:iid The L'yuitable Building�nd Loan A:wciatiun uf Grand Island,
<br /> hebr�ska(ur insurance,txxes and assesnnents,an�l abstracting extension dtar@es, with interest thereon, frmn date of payment at the maximum
<br /> Icealraic.
<br /> As provided ir,the Ifund secuced hercby,while�Lis mongagc rem�ins in r((ect the mottgagee msy here�fter xdvancr additional sums W the
<br /> ` makers of said llond,Iheir assigns or succeswrs in intc�est,�chich sums shall be within the szcuriiy uf this mortgage the same as the funds originaliy
<br />� '-' xcured thereby,the total amount o(principa]debt not to excecd at any time the original amount of this muetcage.
<br /> � Dated Ihis llth ��Y"� December ������•�"�6
<br /> i.�Q..��c�Y C� . �'1^G�-NL-h
<br /> ;; O�y�d 14arsh n
<br /> ;� (�.r{�i.n.r�:�y J C�`,J% /�.+ ��
<br />'�;� �Jacq�ely�Marsh �"
<br /> �STA7E 0�NEBRASKA, l lth Jay of December 19�� ,be(ore me.
<br /> t$}�f ss. On this
<br />� CWNTY OF HALL� -� 1
<br /> �he undersiened,a Notary PubGc in and Cor s�id County,personally ame �
<br />� David D. Marsh and Jacquelyn C, Marsh each in his and her own right�and as spo�sonalP knuwn o N �
<br />��� other �.., are �
<br />�.� �; � mc to be the identical puson S L t_.wLoic�ame s are affixed to the above instrumrnt as moctgagor 5 and th�)� severally �
<br />�?'� acknowledged the sa�ddauiu�hent w he•.t�E`�!' voluntary act anu deed. �
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<br /> N JT'JGSS�mv hand and Ao(��in!S^al ihe date atbresaid. ��
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<br />�'x� �tY Con�miss�on cx iros � t� C � �:; `� �'� �'y
<br />�n� p . � r v. 7, ���::�-' � L�i J.J;:��1 i;'� ���Q , (i.,L�
<br />..,� � -�� , --�� \nary Public
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