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<br /> �fORTCAGi:LOAN N0. � ZZ,452
<br /> KNOW ALL AfEN BY TFILSE PRESBNIS:Tliat Margaret M. Kozal� a s i ngl e person
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<br /> ` � _________ptortgagcr-whetheroneormore,inconsidcretionofthesumuf �
<br /> Sixteen Thousand Nine Hundred and No/100-- 'Do�Lnas
<br /> . lu;�ned to said mortgagur by The L'yuitable Building and Luan Assuciation o(Grand Island,Nebras{:a,Mortgagee,upon i s9 shares o(stock of � � � .
<br /> : said ASSOCIATION,Cerlificatc ro.L 22,452 ,do hereby grant,mnvey xnd mortgage unto the said ASSOCIATION We following � � � � � �
<br /> described re:�t esiale,tituateJ in llall Cuunty,Nebraska: � � � .
<br /> THE SOUTNERLY THIRTY SIX AND ONE-HALF (S. 36.5) FEET OF THAT
<br /> ; ' CERTAIN FULL LOT MEASURING 66 X 132 FEET, FORMED BY FRACTIONAL
<br /> LOT NUMBER FOUR (4) IN FRACTIONAL BLOCK ONE HUNDRED AND ONE(101)
<br /> IN KOENIG AND WIEBE"S ADDITION AND ITS COMPLEMENT, FRACTIONAL
<br /> LOT NUMBER FOUR (4) IN FRACTIONAL BLOCK NUMBER ONE HUNDRED AND
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<br /> ONE (101) IN RAILROAD ADDITION BOTH ADDITIONS BEING TO THE CITY
<br /> OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br /> ` together with all the ianements,hereditamen�s and appurtenances thereunto helunging,induding aUached�uor curerings,all window screens, � � �
<br /> ?� -� window shades,blinds,stoun winduws,awnirigs,heating,�ir cunditioning,and plumbing and water equipmen[and accessuries theceeo,pumps,stoves, �
<br /> refrigerators,and uther futuree and equipment now ur herea(ter attached to or used in comiection with saiJ real estate.
<br /> '' And whereas the s;�id mongaGor has�grecd and dozs hereby ucree that the moneagor shall and will pay all taxes and asussments le�7ed or �
<br /> �;� : asscesed upon said premises and upon tliis mortgage and the bonJ secured thereby bcture the same shall becume detinquent;to(umish appwved �
<br /> insurance upon dm buildings un said prcmises situa�ed in thc sum ol 5 16�9QQ.QQ pa>'able tu s;lid ASSOCIATION and to deliver to said
<br /> ASSOCIATIO�the�policies for said insurance;and nw io commit or permit uuy waste on or about said premises; -
<br /> .i � In casc of dcfault in the perfunnance uf any o!the terms and conditions uf this murteage or the bond secured hereby,the mortgagee shall, . �
<br /> on dem:md,be entitled tu immediate pussession of�he mor�gaged premises and the murigagur here6q assigns, trans(ers and sets over ro die
<br /> �, itwrtgagee all the rents,revenues and incume to be derived Gom the mm�gaged pmmises during such time as the mnrt¢age indebtedness shall nmain
<br /> . unpaid;and the mor�gagce shall have the poa•er to appuint any�gent or agents it may desire for the purpo:e oI repairing said premises and renting
<br /> f� . d�e same and collec�ing the renls,revenues and income,and it m�y pay out of said income all expenses o(repairing said premises and necessary �. � �
<br /> : commissions and expenses inwrrcd in reming anJ managing the same and o(collecting rentals iherefrom:the balance remaining,if any,to be
<br /> applied�o«�ard thr discharge of said murtgag�indebtedness;these rights of�he mungagce may be exercised at any time Juring the existence of such
<br /> � dcfault,irrrspeciive ol'any temporaq�waiver of the same.
<br /> � These Presents,hu�rever,are upun the Conditiun,That if the said lfurtEagur shall repay said loan on or befurc the maturity uf said shares by
<br /> pa�•mem:pa��monthly to s�id ASSOCIATION uf�he sum specified in the Bond securcd herrby;�s intarest and pnncip�l on said loan,on or before
<br /> �he T��'entieth day of cach and every month,until sxid loan is fully paid;pay all tazes and assessments levied ageinst said premises and on this rlortgagr ��
<br /> ; � and the Bond secured�hereby,bel'ure delinyuency:furnish approved insurance upon the buildines thereun in the sum af S�6 900.00 P�>'�h�e
<br /> � l0 S81(I ASSOCIATIO�:fC�IBV W 5:11(I ASSOCIATION upon drmanJ all monev hy it paid fm such taaes,assessments an ms�urance wnh imerut at �
<br /> �'�- ' the maximum legal rate thereun(rom da�e of payment all of w�hich�lor�gagor hereby agrees to p�y:pennit no waste on sxid premises:krep und comply -
<br /> with all the agreements and conditions of the bond fur S 1(�900.OO�his d�y given bt'the suid tdortgagur to s�id ASSOCIATION,and comply
<br /> _ u�ith all the requirements of A�e Cunstitutiun and 13y-L�ws of said ASSOCIAT101;then tl�ese presents shall becume null and��uid,othenvise thev
<br /> . shall remain in full fmce and maq 6e furecloud at the uption uf the s�id ASS(KIATION �(ter iailure for three months to make any o(said
<br /> _ �� payments or be ihrec months in arrears in maAing said munthly payments,or�o kcep anJ cumply with the agceements and conditions of said Bond;
<br /> �nd\fortgagur agrces to ha�•e a receiver appuinted(orth�cith in sucl�foreclusure proceedings.
<br /> If there is any ch�nge in ownership o(the rral esta�e murtgaged herein,by sale or otherN�ise,then Ihe entire remaining inJebtedness heroby
<br /> ;� �: secured shall,at Ihe option uf The Lyuita6le Building and Luan.Assuciation of Crand Isl:�nd,�ebraska,bewme in�medi�tely due and payable without
<br /> � lurther noticc,�nd thc amuunt rem�ining due under s�id bund,and any other bond for any additional advances madc theceunder,shall,Gom the
<br /> . date of exercise nf said option,bear in�erest at the msximum legal rate,and this murtgage may then be(orccloseJ to sa[isfy the amount due on said
<br /> bond,and any other bond fur adJitional adrances,�oerther with all sums paid by said"Ihe Equitable tiuilding and Luan Association of Crand Island,
<br /> q , Nebraska for insurance,taxes and assessments,and abstr;�clin@ e�tensiun charges,with interest thereon, (rom date uf payment a[the maximum
<br /> - �C�':l�fAIC.
<br /> , As provided in the Bond srcured hereby,�+�hile diis mortgage remains in ellect the mortgagee may herea(ter advance additional sums ro the
<br /> ` makers of said Hond,their:�ssiens or successors in interest,which sums shall be witliin the securiry of thie mortgage the same as tha funds originally
<br /> r� � acured ILereby,U�e total amount ot princip�l debt not to esceed at any time the original amount of this mortgage.
<br /> ` ���e��h�s 9th ��v�� December ;�.u..i<�76
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<br /> ri �u.L�,_.j- �'i7- -✓:,�.�.-�—
<br /> Margar M. Kozai ,-_�
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<br /> STATL'OF NG�RASKA,i ss. On this 9th J�y i�( December �9�6 ,�efore me,
<br /> COUNTY OF HALL j �
<br /> the undersigned,a Notary•Public in and(or said Coumy,personally came � �`���:;�'.�
<br /> Margaret M. Kozal� d s i ngl e person who 15 persunally known to � ;�
<br /> d�u�i 1 � a
<br />�- .. � \P Ct! ` person w�hose name 1 S a(pxed to t6e abuve instrument as mor�gagor and She � severally �,�,
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<br /> ��thi�tdgy�'ti�e si' stmment to be her volumary act and deed. �N '
<br />� (5? . �� �<�47'R�V S my hand and Notarial Seal the date a(u¢said. �
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