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<br /> 7�'"� 0074U6
<br /> 110ATCAf E
<br /> n�onTcncr:�onn vo.� 22,472
<br /> KI:OWALLAIEN6YTHESEPRESGNTS:That Eldon E. Ervin and Dorothy M. Ervin each in his
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<br /> and her own right and as spouse of each other
<br /> � �tortgagor,whether ane ur more,in consideration o(the sum of � � � �
<br /> ' Sixteen Thousand Six Nundred and No/100-------------------------------------------�L�Aas
<br /> � lusned to said mortgagor bp The Equi[able Duilding and Luan Association of Crand Island,�ebrasl:a,hlortgageq upon 166 �J�arcs of stock uf� � . .
<br /> �.said ASSOC[ATION;Cnrtificate T:o.L Q79 ,do hereby grant,wm�ty end morigsge untu ihe said ASSOCIATIO\the�fo(lowing. . � �
<br /> described roal estate,situated in Hall Cuuii�y�nz$raska: � � �
<br /> THE EAST FIFTY-ONE FEET (51') OF THE SOUTH SEVENTY
<br /> FEET (70� OF LOT SIX (6) BLOCK THREE (3), IN _
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<br /> LAKEVIEW, AN ADDITION TO THE CITY OF GRAND ISLAND.
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<br /> logether with all d�e trnements,hereditaments and appurtenances tharcunto belunging,including attached flour co�•erings,aIl window screens, � � . . . �
<br /> windo�r sl��des,6linds,stu�m u•indoH�s,awnings,heating,air conditiuning,and plum6ine and water equipment and aaessories there[o,pumps,smves, � � � �
<br /> refcige�ators,and other(izwres and eyuipment now or hereafter sttached[u or used in connection with said real estate. . - . � � � .
<br /> And��•he�eas the said muetg�ger has:�greed and does hereby aecee that the mortgagor shall and wilt pay all taxes and assessments levied or. � �� � � � �.
<br /> assessed upon said premises and upon this murteage and the 6ond securad diereby before the same sliall become delinquent;to fumish appro��ed � � . .. �
<br /> ' insurance upon t6e buildings on ssid premises situated in the sum of S 16 (OO.00 P�7'�ble to said ASSOCIATION and to ddirer to said : �
<br /> ] . ASSO('IATIOti the policics Cor s:iid insurance;and not iu commit or pt�mi�any waste on or about said premiser, .� � . � . ��
<br /> In case o(drfault in the perCormance of�ny uf the terms and wndi�ions uC this morigagr or the bond secured liereby,the mongagee shall,
<br /> un JemanJ,be entiticd to immediatt pussession oi the mongaged przmises and �he mortgagor herrby assigns, trans(ers nnd sets orer to the
<br /> murtgagec:�ll tlm renu,rcvenues and income to bc Jerived from the mortcaeed premises during such time as the mwtgage indebtedness shall remain . , . �
<br /> unpaid:and the murtgagee shall have the puWer tu appoint any sgem or agents it may desire for the purpose o(repairing said prnnises and renting . . �
<br /> � the same and tollecting thc rents,revenucs and income,and it may p�y uut of vid in�ome all expenses of repairing said premises and necessap� � � � � ��
<br /> cummissions and expenses incurted in renting and mana�ing the same and of collecting rentals thercfrum;the balance remaining,if any,to be
<br /> y_ , applied ioward the discha�,e o(said mor�eaee indebtednzss;these righis o(Uie morteagee may te exerciud at an��time durutg the existance of:ucl� � . � �
<br /> default,ir�espective of any tcmpo�an•H�airer uf the s�me. �. � .
<br /> : 'Chrse Pcesents,ho�ce��tr,are upon the Condition,That if the said\lurtgagor shall rrpay said loan un or hefore Aie m3turity of said shares by .
<br /> p�yment:pay monthty to suid ASSOCIATIO�u(the sum specified in thz I3ond secured hereby as in�erest and principnl on said loan,on or be(oro � �
<br /> ' the Tx•entieth day of each and evep�month,until vid loan is fully piid;pay all t:�xes and�ssessments levied against said prcmises anJ on this Alurtgaee � -
<br /> and the 8ond secured tt�ere6y,before delinyucncy:turnish�ppmved insurar.cc upon tha buildin�s thercun in�he sum of 516+6��.�0 paya6le . � �
<br /> t;�:� to said ASSOCIATIO�;fepay ro said ASSOCIATIOti upon demand all monep by it p�id fur such taxes,assessments and insurenca with intercst at � . � � .
<br /> the m�ximum lrgal rate thereon trom datc uf payment all of which�fortgaeur hereby agrcos tu pay:permie nu tieaste on said premises;keeP and comply � �
<br /> ` with atl iht agreemenis and conditiuns oi du Uund for S 1(�(OO.00�his day given hy the s;iid\fo��eagor ro said ASSOCIATIO\,and comply � �
<br /> �' �� with all the requiremants o(the Consti�ution and[lyLaws uf ssid ASSOClAT10:�:then these presznts:hall becomc null and�vid,odienvise they - � � �
<br /> shall remain in full furec and may be fucedoud at the uption of ihe said ASSOC(ATION alier (ailure (ur thrce munths to make any oi said � .
<br /> payments or bc Utree munths in arreaes in m�king said monthly payments,m to kccp and comply with the agreements and conditions of said Bond;
<br /> 3i; and!�fort�gar agrees to huva a�rceiver appainted Corthwith in such(oceclosure pwceedings �
<br /> �� 1f there is any change in o�anetship uf tlie real estate murtga¢cd herein,b��salt or othenvise,then the entice rcmsining indebtedness hereby �
<br /> ? �� secured stiall,at the option uf The Gquitable[iuilding and Loan Association of Crand Isl�nd,�ebraska,hecome immediataly due:u�dpayable without
<br /> 'r.�� � further nutice,and the amount remaining due under uid bond,and any uther bond for any additional ad�ances made thareunder,sh�ll,from the
<br /> date of exercise of said option,bear interest�t ihe maximum Icy,al rate,and this mortgaee may then be Coreclosed to satis(y the amount due on said
<br /> � bund,and any other bond(or additional ad�ances,tvSether w�ith all sums paid by said TGe Equitable Building and Loan Associalion uf GranS[sland.
<br /> g.. .. NebrasF:a for insurance,taxes and assessments,and abstracling extensiun charges,wi�h inrerest thereon,(rom Sste u(payment a[the maximum
<br /> Icgalrate.
<br /> � As proviJed in the Bond sewred hereby,w�hilr this mortgage remains in e1(ect the mortgagee may hereafter:�dvance additional sums to the
<br /> �� makers of said Bund,their assiens or succeswrs in interest,which sums:hall be���ithin the security of this murtgaee the same�s the funds originatly �
<br /> ucured there6y,the total amount oi principal de6t not ro exceed at xny time the original amounl of this mortgage.
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<br /> t Dated tftis 2�th, da}'ot December �1 °••�y76
<br /> _u%.�'�-ri>t. ..
<br /> t E E. Ervin .
<br /> lr--��'�^-
<br /> Dorothy M.�rvin
<br /> S'fATE OF NEBRASAA,�ss. On this Z�th day of December 19 �6 ,beforc me,
<br /> COUNTY OF HALL �
<br /> the undersigned,a Notary Pubtic in and!or said Count}•,perwnally camo
<br /> ; Eldon E . Ervin and Dorothy M. Ervin each in his and her own right`a��d as spo�e�ofy,�a u�to a '
<br /> other are a
<br /> �; me m be the identical person S whose namc5 are a(�xed ta the above instrummt as mortqagor$ �nd they severally �
<br /> acknowledged the said instrument to be thei r vo�untary act and deed. ��~� i'") � '
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<br /> H71'NE55 my hand and Notarial Seal the datc aforesaid. � ,� . '/� ' � � �
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