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<br /> MOR'IGAGE
<br /> MORTGACF.LOAN NO. L. ??�473
<br /> KNOWALLA9GNDYTH@SEPRI'sSLNTS:TI�at Rodney D. Hooker and Patricia M. Hooker each in his and
<br /> � her own right and as spouse of each other
<br /> hlortgagor,whether one or more,in consideration oC the sum oi
<br /> " Twentv-five Thousand and No/100--------------------------------------------------- poL�aKs
<br /> loancd to snid moRgagor by The Byuilable Building and Lu�n Association uC Grand Island,�ebra�4:a,hfortgagee,upon 25� shares of srock oi
<br /> saiJ ASSDCIATION,Certificate No.L 22,473 ,do 6ereby grant,convey and mortgage untu the said ASSOCIATION the followtng
<br /> described real estate,situared in tlall County,Nebraska:
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<br /> LOT NINETEEN (19), IN MARYLANE
<br /> SUBDIVISION, NALL COUNTY, NEBRASKA.
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<br /> logether�cith all the tenements,hereditaments and appurtennnces diereunto belonging,including at[aclied tloor coverings,all window�screens, . � . �� �
<br /> window shades,blinds,storm windows,au�nings,heating,air conditioning,and plumbing and water equipment and accestories thereto,pumps,stoves, � � � .
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<br /> reGigeraturs,and o�her fixwres and equipment now or hereafter attached to or used in connectiun with said real estata �. . �. � �
<br /> And u�l�ereas thc saiJ mort�gor has agreed and dues hereby agrce tl�at the murtgzgor shall and will pay all taxes and xssessments le�ied or � � �� � �
<br /> assessed upon said premises and upun this ntortgagc and the bond sr ured t1ierebv beforc the same shall become delinquent;to fumisli approved
<br /> insurance upun the huildings on said premises situated in the sum o(�5 r�U�.�� payable to said ASSOCIA7ION and to deliver to said .
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<br /> ASSOCIATION ihe policies(or said insuranre;and nut to commit or permit any waste on ur about said premiser, � � � . �
<br /> In case of default in the performance of any uf the terms and conditions uf this mortgage or the bond securcd hereby,the mortgagee shall, � � .
<br /> " on demand,be entided to immeJiate pussession of the mortgaged premises and the nmrtgagor hereby assigns, transfers and sets over to die � �
<br /> mortgagee all the reuts,revrnues and income to be derired Gom the mortgaged prcmises during such time as the mortgage indebtedness shall remain . �
<br /> ` � unpaid;and�he mortgagee shall have tlie power to appoint any agent or agents it may desire(ot the purpose ol repairing said premises and renting � . �
<br /> �i, the same and collecting the rents,revenues and income,and it m�y pay out o(said intome all eapznses of cepairing said premises and necessary
<br /> ' commissions and expenses incurred in renting and managing�he sanm and ut coliecting rentals [herefrom;the balanre remaining,iP any,to be ' � �
<br /> � upplied toward the Jischargc of said martgage indebtedness;these righ�s of the mortgagee may be exercised a[am�[ime during the existence of such
<br /> , defaull,irrespective of any temporary waiver of the same. .
<br /> : . These Presents,however,are upon Ihe Condition,'fhal if the said Atongagor shall rcpay said loan on or before the maturity of said shares by . �
<br /> p�yment:pay munthly tu said ASSOCIATIO\of the sum specified in�he Bund secured hereby:�s interest and principal on said lo�n,on or be(ore
<br /> �- . �he'fw�entieth day uf each and eeery mon�h,until said loan is fully paid;pay atl taxes and assessments levied against suid premises and on this�tortgage .
<br /> and the 6ond ucuted thereby,6e1'ore delinquency;furnish approved insurance upon the buildings thereon in the sum of S 25���0.Q� payable
<br /> � to said ASSOClAT10�:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance�ei[h inrerest at � . �
<br /> �_ ' the maximum legal rate ihereun from date of payment all oC�vhich Vortg�gur hereby agrees to pay;permit no waste on said premises;keep and comply �
<br /> � with all ihe agrqeements and conditions of the BonJ fur S 25 OOO������s day gi�•en by the�said Atongagor to wid ASSOCIATIO`�,and comply
<br /> i- � with all q�e rc uirements of the Constitution and By-Laws oPsaid A IA7fON;then these resents shall 6ecome null and void,utherH�ise�hey �
<br /> . shall rcmain in(ull(urce and may be fineclused at the uptiun u(the s�id ASSOCL�TION a(ter failure for thrce months to make any oC said
<br /> .;�� ; payments ur be three mun�hs in arrears in making said mauldv payments,or tu keep and comply with the agrcements and conditions oC said tfond;
<br /> and hlartGagor agrees tu h�ve a recei�•er appointed forthwith in such foreclosuce proceedings.
<br /> ' If thcre is any change in uwnc�ship o(thc real cstatz murtgaged herein,by sale ur othcnvise,then the entire�crosining indebtedness hereby
<br /> secured sLali,at the option of 7he L•quieable Building and Loan Aswciation ui Crand Island,Nebraska,6ecome immediately due and payable without
<br /> further nntice,and the amount remaining due under said bond,and any other bond for xny additional adt^ences made thereunder,sh�ll,Cmm the
<br /> : date o!excrcise o(said uption,bear imerest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amoun[due on said
<br /> bond,and any uther bond for addilional advances,together with all sums paid by s�id The Equitable Building and Luan Association of Grand Island,
<br /> ' Nebraska(or insurance,taxes and assessments,and abstcacting extensiun chazges,u�ith interest thereon,from date oC p�ymenl at the masimum
<br /> Ic�l rate.
<br /> � As provided in the Uond secured hereby,while this mortgage remains in ef(ect the murtgagee may heroa(ter advance additional sums to the
<br /> � makers of said Dond,tl�cir assigns or successors in interest,which sums shall be within the security of this mortgage[he same as the funds originally
<br /> t° � � securcd thereby,�he lotal amuunt of piincipai debt not lo exceed at any time the original amuunt of this mortgxge.
<br /> ' Dated�thJis 21 st a�y oe December ;�.n.,i9 76
<br /> ;i G�-fL�tCC'�!/� �
<br /> Ro D.. ,ke `��
<br /> � Patricia M. Hooker
<br /> STATE 0�NEDRASKA.1 ss. On this 2�St day af December 19 �6 ,before me,
<br /> COUNTl'OF HALL S �
<br /> - the undersigned,a Nulary Public in and tor said County,personally came . . -
<br /> Rodney 0. Hooker and Patricia M. Hooker each in his and her own ri�,�it and as s�ousg of a .
<br /> o rsonal y known to . ,�
<br /> eacF other are , a
<br /> Lme to be the identi�l•_pg�son 5 x(�ose namS are afGxed to the above instrumcnt as mottgagor 5 and they severally �
<br />�,�� � acknowledgCd-,d¢ssid mstniment to be thei r �•��untary act and deed. N ..
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<br />�„."�„.� . "����'I�E�mj(hand and Notarial Seal the date aforesaid. .� �
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<br /> � - . , •'"C F� �` ` Nutary Public
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