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<br /> �toaTract:t.o.4��.o._L 22,463
<br /> �.oa�ni�.�+�.�.�3�"nissr:rx�:s��.Ts:rn�� Eldon E. Ervin and Dorothy M, Ervin, each in his and her �
<br /> own right and as spouse of each other,
<br /> '�-�.i � �f ortgagor,whether one or more,in consideration of the sum of � . �
<br /> .-; Eleven Thousand Six Hundred and No/100-------------------�-�-�-------------------- �LZA�
<br /> loaned tu said mortgagur by Thc f:quitabte Ruilding and I.oan Associatiun ut Grand lsland,!�e6raska,l�tortgsgcc,upun shares of stoc}:of � � � .
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<br /> - . caid ASSOCIATIO\,Certificate No.L 22,463 ,du hereby grant,convcy and mortgage imro the said A550CIATION the tollov.•ing � . .
<br /> described real estate,siti�ated in Ha➢Cuunt}�,Nebraska: � � . . � '
<br /> THE NORTHERLY FORTY TWO (42) FEET OF LOT FIVE (5), IN aLOCK EIGiiTEEN
<br /> `'`s
<br /> (18), OF H. G. CLARK'S ADDI7TON TO THE CITY OF GRAND ISLAND, i�El3RASKA,
<br /> 3EING A RECTANGULAR TRACT OF GROUND BOUNDED ON THE WEST �y CLEBURN
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<br /> STREET AND ON 1NE NORTH BY THE ALLEY OF SAID aLOCK.
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<br /> �'.�` tugether �cith all ihe tenemer,:s.hereditaments nnd:�ppuctenances thereunw Lelon¢ing,in.luding at�aclicd Iloor meerings.xll H'induw screens, . � . .. . . . � .
<br /> �rindow sl�ades,61inSs,st�nn���indu�rs,:�wnmgs,heaung,au conSitiening,snd plumbing and�vatec eympment and ac:eswries thercto,pumps,stutirs, : � .
<br /> rcirigerators,and uthe�G�tures v�d equipmcnt no���or hereaticr auad�ed to or used m cnnnection H'itlt said ical estate. . �
<br /> :1nd whercas the said mongaFor has s@reed and dees herelc seree th�t�he;�;orl�acor shall and H•ill pay ail�ases and asuaments leciod ur � � �
<br /> '� '- asuzud iipon said premius and upon tl:is iuertcage ami thc l�ond secured therchy bc:bre ihc samc shall Lecome delinqurnt;tu fm�nish approred . .
<br /> in�urance upon the buildincs nn said premiscs situ�tcd m thc sum ol 5 ��,(QQ.QQ {`ayablc tu said ASSO('IATIO\ and to 3eli�ror to s3id �� . . �
<br /> :\SS(K'IATIO\�hc pnlicics for said insurancc:xnd nc�to commit or pe�nut any w�stc on u�al out saia prcmiscs: � � .
<br /> ,>;�: In case ol default in the perfunnance ot any ut�he terms and cun:litiuns oi thi:mongage or the bond s:cured h:re6y,the mortgagee ahalL � . �
<br /> on dcmand,be rntiticA to immcSiutc pucessiun ol thc mortgagcd premrns ar.d che awrtcagon c�rc6q assi.ns, transicrs and uts orcr to ti�e �
<br /> � mu�tgagee all the rents,re��enues aud income to be Jerived t«�m�hc m�ingaged premi�rs dunng sach time as the mortgsge indeU�ednass sltiall remain . � � �
<br /> � unpaid:and�he munFagee sliall have the powrr t�+appoint ar,r acem or aeems it mac desire ior dte pur��se u(rcpairusg said prcmius and renting � _ .
<br /> � .:. the ssme and collectinF�he rcnts,re��enucs and income,and ii m�y pay out of ssil lncome ai! ezpenses of cepaiiing said premises and necessan• � �� �
<br /> commiasions and c�pcnscs intu�rcd m rentmg and manaFing tlic samc nnd ot coilcctirg rcntals tLcreRom:[hc bala�cc rcmaining,if am�,to bc � � � - � �
<br /> c� � applied to���ard ihr discL•arec oi said mo�tFage indchtednesi:tl�ese nghts ol the nwnFagee ma��be ece�c�sed at anp time during Aie e�isten��e uC suc!�
<br /> �- �� de(xuh,i:respectirc uf anc�cmpuran�u�aivcr u(the s�mc.
<br /> Thcx Prcunts.hu�re��e�.�rc upon thc l'nn.',itiun.7'ha1 d the said 1luncagor�I;ali rep:����aid lonn on or hztore ihe maturitv of saiJ sharcs 6�� - �.
<br /> (- r�. psymcnt:pay momhiy tn�;tid:15�(XIA'�IO\„i thc sum speciGed in tl�c IionJ xcurcd hcr:l v a.in�crest�nd peinripal on�id loan,un or beiore � '.
<br /> k: the T��enneth da�of cach and erery monih,until said luan is tull)'paid:pa�all taus an1 sssessm:nts leried against mid prcmises and on 4�is'�tortgagc
<br /> and the�unA securcd thereM�,beiixe delinyurncc:iurni�h approvrd insurance upun the buildings thereon m the sum�af� ���6��.�0 papable � . ,
<br /> I��said ASSOCIATIO\:rcpap to said:\5$(XIATIOV upon demand all monc��1�1'it paid ti?r sudi iaxcs.assessments und insuran,e wiih inum�t at � .
<br /> - thr mszinwm Ir.al r�tc themun from Jate o(paymen�all u(�+�hidi\fo�tgago�hc�eb��a�:rce>to pay:permit no waste oi�said premises:keep and comply . .
<br /> N�ith all the aFrcemcnts and conditions u(the 13ond for S 11 6�0�OO this Ja}�gircn b��thc said\ton�agur to sud ASS(R'L1110\.and compty .
<br /> w�ith all the reyuiremcnts of tl:c Cnnstitution and 13y'-la���s of'sai AJS(kL�110\:�hcn thc�c Fvcszms shall become nutl:md rnid,oth.n��ise ther .
<br /> shall rrmain in tidl t��rcc and may be iorcdoscd at thc option o(Nu s:+id :\JS(X'1:\TIO\ at;cr I:iilure lor thrcc moiiths to m�kc any oi said . .
<br /> p���mcnts or bc ih�cc mundu m JIIC3IY 111 p13A1(7F S�I�I I11JIliIII\'�)1)'ii1C11IS.11 l0 keep sr,J cumplr�rith thc ag�ermcn�s and rundilinns oi vid l3und:
<br /> � and 11oriFagur aFrccs�o h;�cc:i�ccc�ccr a{�pu�mcd fonit��i�h in suih forecloswc prucccdi�tgs. .
<br /> I(thrre is�ny change m u���nerxhip ul thc reat estate mongageJ herein,by v�le ur utherH•ise,�hen the rntire remaining indehtedness hereby
<br /> c�� ` sccurcd shall,ai iha uptiun of Thc N.yui�able UuiidinF and Lesn Association ol GianJ lsland.:�cbraska.bemme immcdiately duc anJ payabic���ithout
<br /> p: ; limhcr nnticc.and thc amc�unt rcmaininF c�uc undci <aid bond.and any othc�hond fur:�ny additional ad�znces madc thcreundc�,shall.liom the
<br /> daie o[c�erciu ol said option,bcar intrresl at�he maximum Iegal raie,and this murtfage ma��then be(orecluud to satisfy the amuont due on ssid
<br /> bond,and any other bond for aJditional advanccs.�ogcther��ich all sums p�id by�id Thc Gquitable Building and Loan:issuciation ol Gtand lsland.
<br /> \cAraska for insurancc.tascs and acccssmcnis,and al�stracting cztcnsiun d�argcs,���ith intcrest Uiercon,tium datc ol paymenl at thc masimum �
<br /> Icgal ratc.
<br /> � \s pro��ided in thc I3und sccmed hcrehy.�rhile this mo�tgagc rcmains in eit'cct thc nwrtcsgcc may hcrcaftcr ad�antt�dditiunal sums�o thc
<br /> makcrs u(said I3ond,thcir assigns ur�ucccssu�s in intcrest,Hhich sums�itail bc�c�tl»n ihc accuril� of this murtpagc thc samc as thc funds oiiginally
<br /> ` ucurcd chcrcbr,thc total amouN uf principal dcbt not io c�cccd at anr timc ihc criFinai amount ef tlus mortgagc.
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<br /> Dated this 15th ,;,,�„i December :�.u.,���76
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<br /> � �Eldon E. .Ervin orothy M. Ervin
<br /> STAiE OF NL[iitASl'v1,�S pn this 15th day oC Decem6er I��6 ,Lcfore mc,
<br /> COL�\Tl'OF HALL� �
<br /> thc undcrsigncd,a Vman�Public in and lor said l'ounry•,perwnally came �:;,",a, '
<br /> Eldon E. Ervin and Dorothy M. Ervin, each in his and her own right �rdi.�s spoui�S�gX,R���>��5�,�� � 2
<br /> other, � � ? �
<br /> � me to be the identical person 5 �chnx name s are aftised to the above instnim;.�t�Ongegur S �0� LI12,y 'crcrall�� �
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<br /> wa.�� ackno�cledged Ihe said instrumrnt to be thei r �'oluntan•act and Jcod. i � �. �
<br />� N7TNIiSS my h�nd and Kotarial Scal tlze datc aloresaid. �. , ?%• � ,� �
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