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<br /> h101tTGAGG
<br /> AfORTGACL LOAN�0.L ZZ.484
<br /> ' KNOWALL�IGNDYTIiF,SEPRL'S@NTS:TIiut Larry E. Hoes and Rojeanne Hoes, each 111 h15 dfld h2P OWO
<br /> ��; right�and as spouse of each other, � � �
<br /> � � � Mortgegor,whcthet one or more,in cunsideration o(the sum oC � � . �
<br /> ' Forty-nine Thousand and Five Hundred and No/100--------------------------------- po�L,���s
<br /> loaned�o said mortgagor by The Gquitable Uuilding and Luan Assuciatiun of Crand Istand,Nebraska,Mortgngce,upun 495 �liares of stock of
<br /> saiJ ASSOCIATION,Certificate No.L zz�484 ,do herrby grant,convey and nwrtgnge unto the said ASSOCIATION the following
<br /> �', described real estate,situated in Ilall Cutmty,Nebraska: :
<br /> LOT FOURTEEN (14) IN MEADOW LANE FOURTH
<br /> SUdDIVISION, HALL COUNTY, NEBRASKA. ,
<br /> tugether with �II the tenements,hereditaments and�ppurtenances thereunto belonging,including attached iloor co�tirings,all u�indow screans, -. � . � � � �
<br /> window shades,blinds,stoim windou�s,awniugs,healing,air conditioning,and plumbin};and waterequipment and�ccessories tl�ereto,pumps,stuves, � � � . . .
<br /> relrigeramrs,and other lixtures and eyuipment now or hereafter attached to or used in conneclion with s:�id real estate. -� � � .
<br /> And whereas the said mungagor has agreed and does hereby ugree d�at�he murtg�gur shall and tvill pay all taxes and assessmants levied ur - . � �. . � �
<br /> assessed upon said prcmisas and upon diis mortgage and the bond secured therebv be(ure the same shall 6ecome detinyuent:to furnish approved - � . � � �
<br /> insurance upon ihc buildings on said prcmises situated in the sum of 549�50�.QD payable tu said ASSOCIA"f10N and to deliver ro said �� � . ....
<br /> ASSOCIATIOti the policics(ur said insurance,and not tu commit or permit any wasre im ur e6out said pcemiser,
<br /> ln case ul default in ihe per(onnance of any of the trnns and conditions o(d�is morigage ur tl�e bond secured hereby,the mwtgager shatl,
<br /> on dcmanJ,be entitled to immcdiate pusussion ol thz mortgagrd premiscs und t6c mortgagor hereby assigns, transfecs and uts over tu the �
<br /> morlgagee�II tha rents,revrnues and incume to be derixed from the ntortgagrd piemises during such timr as tha mortgage indebtadness shall remain � � .
<br /> unpaid;and the mortKagce shall harc the po�ver w appuint any agent o�agenis it may desire lor the purpuse of cep�iring said pmmises and renting � . � �
<br /> thr same and collectinE d�o rents,ee��enues and income,and it may pay uut of said income all axpenses of npairing said pmmises anJ necessary � �
<br /> cummissions and expenses incurrcd in renting and m�na�ing tha same and of cullec[inc centals tliereCmm: the haLmce mmxining,if any,to be . � . . . .. ._�..
<br /> � applird toward the discharge of:aid mon@age indebtedness;these ri�lus of tl�e mortgagee m�y be exerciud at any time during the existence of such . �
<br /> Je(aul[,irrcspecticr uf any iemporarv waiver o(the s�me. � �
<br /> Thcse Presems,hu���e�•er,aie upon the Conditiun,That if thc said 1lorigagor shall repay said luan un or beCme the maturity of said shams by ��
<br /> payment:pay munthly to said ASSOC'IATIO\ol'the sum specified in qic f3onJ secured hc�rby as inicrest and principal on said loan,on or be(urc � �
<br /> the Twenticih d�y u(cach snd eveq�munlh,until s:�id luan is fullt�paid;pay all taxes and assessments levied ag�inst said premises and un this Afongage � .
<br />� � and the�nnd ueured thercby,befure delinquency;fumish approved insurancc upon ihc 6uilJings thereon in dm sum of S 49�50Q.QQ pa!'able �
<br /> to said ASSOCIATIO\:�epay��o s�id ASSOCIA7'ION upun dem;�nd all muney b��it psid lur such t�xes,�ssessmenu and insurance with interest at - �
<br /> '"� . the maxirnum legal rate thereun Gum date ol payment all of which!�tortgagor herebr agrees to pay;permit nu waste on said premises;kecp and comply . ' �
<br /> �� with all II!e agr>emenis and conditiuns of d�e f3ond fur 5 49�5��.�� lhis day gieen by the said Atortgagur to s�iS,\SSOCIATION,and cumply � �
<br /> ��•ith all the requi�ements of the Con:titution and By�Laws o(s:�id ASSOCIATION;thon these prcxnts shall become null and vuid,uthenvise�hey � �
<br /> �±. shall rernain in 1'ull ti�ree and m�y bc foreclosed a�the uption of�hc ssid ASSOCIATIO\ after f'ailure for three mvnths to make any o(said - �
<br /> -- payments or be Ihree munth�in arrc:r<_in making s�id munthly p�}'ments,or to keep and comply with the ag�cements and conditions of said Bond; �
<br /> �� � and�tortgagor agrees to Ituve a reccivcr appuinted forthwith in such fureclowrc proceedings.
<br /> If ihere is anv change in owners}�ip of the real eslate mortgagcd hecein,by sale or uthcrwise,then the entirc remaining indabtedneu hercby
<br />. �, � secuced shall,at the uption of The Gquituble Duilding and Lo�n Assuciation uf Grand lsland,Nebra:ka,becume immedistely due and payable withuut .
<br /> � further notice,and the amuunt rem�ining due under s�id bond,and any uther 6und for any additiunsl ad�ances made thereunder,shall,from the .
<br /> ; dale of exercise of said optiun,6ear interesl at thr maximum legal rate,�nd this morigage may then be(oreclosed to satisly the amount due on said
<br /> bond,and any other bunJ(or additional advances,togclher witli all tums paid by said'(he Gyuitable Huilding xnd Luan Assuciatiun of C�and Island,
<br /> � NebrasAa tor insurance,taxes aud assessments,and abstracting extensiun charges,wilh intecest iherron, fmm date of payment at the m�ximmn
<br /> � leeal�atr.
<br /> As pm�ided in the[3und secured herebV,while�his mmtgage ranains in effect the mortgagee may herea(ter advance additiunal sums to the
<br /> - � rt��kers of said Bond,their assigns or sucecssors in interese,which smns shall be�aithin the secwity of this mongage the same es the funds originally
<br /> ucured thereby,the total amount of principal dcbt not to exceed at any time die ori�inal amoun[of this mortgage.
<br /> ,p��ea�i�;5 29th a�yur December � p.,iy 76
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<br /> ct�c.,✓' ���,,� •�. � ;�n•,� -z�_ /;�f"�a-��'
<br /> arry . r oe R ,e� ne Hoes
<br /> �
<br /> STATG OF N@BRASIGI,�u. On Ihis z9th day oC Decembe r iv �6,beforc me,
<br /> COUNTY OF HALL
<br /> the u dertigned,a Nota Public'n and(ur said County,perwnall came �-�
<br /> Larry E. Hoes and Rojeanne Hoes, each in his and�er o�vn rig�it an� as spoue of each o�her, ,
<br /> � who are personally knuwn to N"�'••'�- �
<br /> I:� me.to�x thei�dlptic3l�perwn g whou name s are affued m the abovc instrument as murtgagor S and they sn�erally � � �
<br /> l. ` i.
<br /> � . acknoWledQed'thesaid ifiilrument to be thei r vuluntary act and decd. ^.�;
<br />�, 'R'�INL3S,my hand and Notariat Seal thc da[c atoresaid. , , CR
<br />� ' A1y Comdiissiun expires �
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<br /> 4�- C��.�„N �1 ��1�° � � 'I� I�C.�..,�
<br /> l\ � \otary Public
<br /> �s i�zeam / ��
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