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<br /> I �10RTGAGIi LOAN N0. � ZZ,469
<br /> � r KN019ALLAfC•NDY71i[SEPRLSIiNTS:Tha[ Arthur R. Goodwin and Irene M. Goodwin each in his and
<br /> �
<br /> her own right and as spouse of each other
<br /> �tortgagor,whether one or mure,in consideration of the sum of � . �
<br /> � TNrenty-four Thousand Four Hundred and No/100-------------------------------------- Do�Laxs
<br /> � luaned to said mortgagor by The Lyui�able Building and Loan Assuciation of C�and Island,Ne6raska,91or[gagee,upon 244 shares of stock o( � � �� � � �
<br /> sxid ASSOCIATION,Certificate No.L 22,469 ,do hereby grant,convey and murtgage unto the said ASSOCIATION lhe(ollowing � � � � �� �� .
<br /> descrihed real est�te,situateJ in Hall County,Nebraska:
<br /> THE SOUTHERLY fOUR FEET (S 4.0') OF LOT ONE (1), BLOCK TWENTY-FIVE (25), IN PACKER IUJD BARR'S
<br /> SECOND ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, TOGETHER WITH THE NORTNERLY
<br /> (N 50.5') OF UACRTED BLAKE STREET, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, MORE
<br /> ' PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF LOT ONE (1), BLOCK
<br /> TWENTY-FIVE (25) IN PACKER AND BARR'S SECOND ADDITION AND RUNtrING EASTERLY ALONG THE
<br /> SOUTHERLY LINE OF SAID LOT ONE (1) A DISTANCE OF ONE HUNDRED ELEVEN (111.0') fEET TO THE
<br /> WESTERLY LINE OF CUSTER AVENUE; THENCE RUNNING SOUTHERLY ALONG AND UPON THE WESTERLY LINE
<br /> OF CUSTER AVENUE A DISTANCE OF FIFTY AND FIVE TENTHS (50.5') fEET; THENCE RUNNING WESTERLY
<br /> AND PARALLEL TO THE SOUTHERLY LINE Of SAID LOT ONE(1), BLOCK TWENTY FIVE (25), PACKER AND
<br /> 1` BARR'S SECOND ADDITION A DISTANCE OF ONE HUNDRED ELEVEN (111.0') FEET; THENCE RUNNING :
<br /> ' FI THERLY ALONG AND UPON THE WESTERLY LINE OF PACKER AND BARR'S SECOND ADDITION A DISTANCE OF
<br /> � FIV�YT�NS (50.5') FEET TO THE POINT OF BEGINNING, BUT SUBJECT TO A SANITARY SEWER EASEMENT ACROSS
<br /> � , THE SOUTHERLY PART OF SAID PROPERTY, AS t40RE FULLY SET OUT IN ORDINANCE N0. 4990 OF THE CITY
<br /> Of GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br /> together �ti�itl� all the tenemenls,heredit�mems and�ppunenances tl�ereunto belonging,including attached Iloor coeerines,all window screens, � �
<br /> � windou•sh�des,blinds,storm windo«�s,aa�nines,heating,air wnditioning,and plumbing;�nd wuter equipment and accessories thereto,pumps,stoves, -
<br /> re(rigerators,and other fixtures aud eyuipment now ur herea(ter attached to ur umd im m�nection widi said real estate. � � � �
<br /> . And whereas the said mortgagor ha,a;recd an1 does hereby agree thst the mortgagor sh�ll and will pay all taxes and assessments le�ied or
<br /> - anessed upon said premises�nd upon this mortgage:�nd the bond secured thereby bafore the same shall become delinyuent;to(urnish approved . � � .
<br /> � insurance upon the buildings un taid premises eimatcd in�he sum of S ZG�4�Q.QQ payable to said ASSOCIATIO\ and to detiver m said �.
<br /> ASSOCIATIOV�he policies for said inmrance;and not ro conunit o�prrmit any waste on or abou[said premises; � �
<br /> , Li case vi default in the periormance of an}'of the terms�nd conditions o(this murigaee or tha 6ond secured hereby,the mortgagee shall, �
<br /> �.� . on demand,be entitled tu immcdi�te possession of the mortg�gad prcmises and the mur[gaeor here6y assigns, transfers and sets over to the . � � � .
<br /> � mortv_agee all�he rents,revenues and income to be derived Irum the mone,agzd pmmisas during such time as the mortgage indebtedness shall remain �
<br /> � unpaid;and the mortgagee ahall have thc puw�er to appoint any aeent or agents it may desire fur the purpose of repairing said pnmises and ren[ing . �
<br /> . the same�nd collecting the rents,revenues and income,and it may pay out uf vid income all expenses o(repairing said premises and necess:iry � � �
<br /> � wmmissions and expenses incurred in renting�nd managing the samr and of cullecting mntal:thereGom: the balance rem�ining,il any,to be .
<br /> . applied to�vard the dischnrge o(said murteage inde6tcdness:these riehts uf�he murtgagre may be eaercised at any time during the existence of such
<br /> default,i�respective o(any tempurary w�aiver of the same.
<br />� r� Thr.sr Presents,however,are upon the ConJition,TItiI If IIIL'S]IlI�IU(I�,JsUf SI73II I2P�y s�id luan un ur beforc the maturity uf said shares by
<br /> �i-� � paymenr,pay monthly tu s�id ASSOCIATIO\uf the sum specified in the Bund secured hereby�s in[erest mid principal on said loan,on or befure
<br /> . thc"C�eentied�d�y of each xnd r��ery month,until said luan is(ully paid;pay all taxe�and assessments levied ngainst said premises and un this�tortgage �
<br /> . and the Bond secured thereby,be(ore delinquenc}:furnish approved insurance upon the buildings thereon in the sum ot S zQ400.�Q paYable
<br /> to said ASSOCIA�IIO1;ft'P8�'W 591a ASSOCIATION I1rUfl(ICITBIII�8II II1Uilr)'b)'11�811I(Of SOCII l8%C5,:ISS2fS1I1Ct1[:8p(I IIISUI:IOCB l\7II7 lillt[BSI�I , �
<br /> � the maximum legal rata d�ereon from date of payment ail o(�vhich 6foncagor he�eby agrees to pay:pennit nu waste on said premises;keep and cumply
<br /> � with all the agreements and conditions u(the llond for S 24,4��.��Ihis day gi��en by the said�tor[eagor m szid ASSOCIATIO\,and romply
<br /> . with all the requirements of[hc Cunstitution xnd By-Laws of said ASSOCIATIO\:then these prcsenu shall bccume null snd void,otherwise they
<br /> � shall remain in full forcc and may be furccluud at the uptiun uP the said ASSO('fAT10V alter iailure for thret months tu make any ot said
<br /> paymants ur be three mutuhs in anears in mskine szid momhly paymrnts,or to keep and comply with the egreements and cunditions oC said Bond;
<br /> -, and\1orteagor agrees to have a receirer appuinted forthwi�h in sueh(oreclosure proceedings.
<br /> I(therc is any change in ownership oC the re�l estate mortgagcd herein,6y sxle or uthcrwise,then the entim remaining indebtedne:s hereby
<br /> secured shall,at the option uf The GyuitaUle Uuilding and Loan Associatiun of Grand Island,Nebra:ka,become immediately due and pa}•able without
<br /> (unher naitt,and the amuuut remaining due undcr said bond,end any odier bond for any additionsl advanres made thereunder,shall,from the
<br /> }�� date of exercise of said option,bear inte�est at�he maximum legal rate,and this mortgxge may then be(orccloud to satisfy the amounl due on said
<br /> bond,and any other bond(or additional advances,together with all sums paid by said 7he Equiteble Building�nd Luan Association o(Grand leland,
<br /> - \ebraska Cor insurana,txxes and assessments,and abstr:�cting rxtension charges,with interest diereon,from date uf p�yment at the maximum
<br /> legalralc.
<br /> As pruvided in tlie Bond secured hereby,while this mortgagr remains in e(fec[the murtgagce may hereatter�dvance additional swns ro the
<br /> m3kers o(said Uond,their assigns or successors in interest,�vhich swns sha11 be within the security of this tnortgage the s3me as ttte funds oci�inally
<br /> %�. �. secured themby,the tota(ar�ount ol'principsl debt not tu excerd at any timr the orieinal amount o(this murtgage.
<br /> '� _-n��� i s 17th , ��y�r December �.��.,i� 76
<br /> :t ��%�-�,s,�Z�%`C/���--�;
<br /> �' Ar.thur R Goodyr�n
<br /> •;�r!�1-•,L, )J.:/`'L.�...��,--t�zi
<br /> Irene M. Goodwin
<br /> STATE OF NEBRASIiA, u On this �]th day of December 19 ](,before me,
<br /> COUNTY OF HALL� . � .. .
<br /> the undersigned,a Notary Public in and for mid County,personally pme � � , ^��""�.�� �
<br /> Arthur R. Goodwin and Irene M. Goodwin each in his and her �n right� and as spouse of earh `V `
<br /> . �� Othe1�-^^...�..,,` u�� are Perwnalf}•knownlo � �
<br /> n�Ci A t�Ql{�t! [wn S whose name S are a(fixcd to the above instrument as mortgagor5 and they secerally �
<br />;� � their �
<br /> acknon7e`dge�;fAC�s�ld i'strument to be voluntary act and dced. � '
<br />�.� � ��PETNE my hand and�otarial Seal the date aCuresaid. � �?'7
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