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<br /> A10RTGAGG LOAN N0.L ZZ,465 �4�1�
<br /> ICNOW ALL t+fEN BY THESE PRL'SGNTS:That Rodney W. Crumri ne, d 51119�2 PBI"5011.
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<br /> Mnrlgagor,whether one ur more,in consideration of the sum of
<br /> ' Twenty-eight Thousand Eight Hundred and P�o/100----------------------�----------- �LtA�u
<br /> loaned to said mortgagor by The Equitabte Building and Luan Assuciation of Crand island,Nebraska,t�fortgagee,upon 2�8 shares oC stock of
<br /> said ASSOCIATION,Certificate No.L 22,465 ,du hereby grant,comey and mongage unlo the said ASSOCIATION the Folluwing � � � - .. �
<br /> � desc�ibed real esla[e,situated in Ha13 County,Nebraska: . �. .
<br /> ALL OF LOT STX (6) AND THE NORTH STX (6} FEET OF LOT
<br /> � " SEVEN (7), i�LOCK FOURTEEN (14) IN WEST PARK ADDITIDN
<br /> TO THE CITY OF GRAND ISLAND, iiALL COUNTY, NEBRASKA.
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<br /> tugether��•ith all tt�e tenements,IirreJitaments and appunenances ihereunto belunging,including attached floor coverings,all window screens,
<br /> r" window shades,btinds,sturm windows,awnings,heating,air conditionine,mid plumbing and watet ayuipment and accessuries thereto,pumps.stoves, .
<br /> �:: , re(rigeratoa,and other fixtures and eyuipment nuw ur hereafter attached to or used in connection wiW said real estate. - . , �
<br /> And���hzreas�he s�id mortgagor has;�greed and does hereby aeree that the mortgagor shall and will pay all taxes and asseuments le��ed or .
<br /> assessed upun said prrmims and upon this modgage�nd the bond ucured thereby beiore the same s}�all become delinquent;tu f'urnish appro�•ed .
<br /> inswance upon thc buildings on s�iJ pcemises situateS in the sum of S 2$�$Q�.�0 payable io said ASSOCIATIOV and to delit�er to said
<br /> tASSOCIATIUN the policies fur s�id inmrxnce;and not ro commit ur permit any was�e un or about:aid premises;
<br /> ` In case of default in the performance uf any of the�erms and conditions of this ntortgege or�he bond secured Itereby,the mortgagee shall, �
<br /> '` � on dcm�nJ,be emitled to immedi�te possession uf tlie murtgageJ premius and the mortgagun c�reby assigns, trans(ers and sets uver to the , . �
<br /> '(�:. mongagee all ihe rents,revenues and income to be dcri��rd from the mo�tgaged premises during such time xs the mortgage indebcedneu shall rem¢in . . .
<br /> ' unpaid;and the mongagee shall have the power to appoint any agent or agents it may dcsire fm d�e purpose of�epairing said premises and renting .
<br /> - � tf�e same and collecting the rents,revenues and income,and it may pay out of s�id income all expenses of repairing said premises and necessary . � . .
<br /> - - commissions and expenses incurzcd in rentine and mannging the same and o(collecting rcntals them(rom: the balance remaining,if any,to be �
<br /> � applied to�vard the discharge ol'said murtgage indebtednees;dirse rights ol the murtgagee may be exercised at any time during the exislence of such .
<br /> r� � dcfaul�,irrespective u(any temporarg«'aiver of the ume. .
<br /> � Thru Yresents,hu�s�ever,�ee upon the Condition,Tlmt if the s�id,1lortgagor il�all repay said loan on or before the msturity uf saiS shares by �
<br /> � paymeni;pay monthly to said ASSOCIATIO\uf the sum specificd in the Bund secured Lereby as interest and peincipsl on said loan,on ur before �
<br /> .. the T«�entieth day of cad�and every month,until said lo�n is lully paid;pay all taxes and asszssments levird against said premises and on this\tortgage
<br /> ; and ihe B�md secured therrby,befure delinyuency;f urnish�pproved insurance upon ihe buildings thereon in�he sum of 59$�$��.�Q PaYable
<br /> to said ASSOCIATIO\:�epay tu said ASSOCIATIO\upun demnnd all moncy by it p�id for such t�ses,assessments and msurance with interest at
<br /> � the maximum le�l rate the�eon Gom datr o(payment all uf which 9furtgagor herehp agrees to pay:permit no waste on said premises;krep and comply � . �
<br /> wiih all the agrecments and conditiuns uf ihe Bond fur SZH�8��.�� this day gi�'en by the s�id btortgagur to said ASSOCIAT101,and comply
<br /> with all the requircmenls of thr Cunstitution and By-Laws u(said ASSOCIATIOv;then these presents shall becume null and void,otherwise they
<br /> ' �. shsll remain in fuil force and nt�y be foreclosed at�he option uf the s�id ASSOCIATION after failure tor ihcee months tu make any of said
<br /> �� payments or br th�ee munths in n«ears in making snid monthly paymenls,or to kenp and cumply wiet�the agreements and conditions o[said Uond;
<br /> � and ptortgagur agrees to have a reteiver appointed furtht�•ith in such tureclosure proceedings.
<br /> . 1(thcre is sny change in ownership uf the real cs�ate murtgaged herein,by s�le or othenvise,then the entire remaining indebtedness hereby
<br /> secureJ shall,at the opiiun of 7he Lquiiable Building and Loan Association o(Gr�nd Island.Nebraska.becume immedia[ely due and payable without
<br /> funher notice,and thc amuunt remaining�duc under said bond,and any othcr bund fur�ny addilion�l advances made thereunder,shall,(rom the
<br /> . date of exercise of said optiun,bear interest�t Ihe maximum leg;�l rate,and this murtgage may then be(oreclosed to satisfy[he amount due un seid
<br /> bond,and ang other bond for additional ad�•ances,together with all sums paid by said The liquitable Building and Loan Association uf Grand Island,
<br /> - Nebraska for insurance,taxes and assessments,and abstracting extension charges.wi�h interest thereon, from date of payment at the maximum
<br /> � Icgalrate.
<br /> Y . As provided in the Bond secured here6y,while this murtgage«mains in efFect[he mortgagee may hereatter advance additional sums to the
<br /> � makers nl'said➢ond,their assigns ur successors in interest,which sums shall be within the security of this murtgage ihe same as the funds uriginally
<br /> �" , secu�ed thereby,the total amuunt of principal Jeb[nol�o extted at any time the original amount of this mortgage.
<br /> � �� D�tcd this 1 �h a�y�c December ��.u..��76
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<br /> ' STATH OF NEDRASKA,1 ss. On this 16th day,of December 1)�6 ,be(ore mo, '
<br /> COUN'fY OF HALL I , .
<br />� � the undersigned,a Notary Public in and!ur said County,perwn�lly came
<br /> Rodney W. Crumrine, a single person
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<br /> H4�o 1 S personally known to N
<br />;,,� �� � me io b 1he�eud�S�� whose name j g affixed to the above instrument as mortgagor and he �$��Y �
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<br />��,�. �: � acknowle,d�.od�Eh£5nd��ih5trum jt to be hl S voluntary act and deed. t� '' ..
<br /> � � ��� - , .i..417.j^f.9$myyn�nd and Notanal Seal the date aCoresaid. ;` . �
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