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<br /> �2-- OOQ370
<br /> MORTGAGE
<br /> ` MORTGAGELOAN NO� 22a9�O MGIC
<br /> , � IINOW ALL MEN BY THESE PRESENTS:That Donal d J. Wi 11 i ams, d s i ngl e man
<br /> ' ( __Mortgegor_whethe_one or mor=,in consideration of the eum of � '�:�.
<br /> Thirteen Thousand Five Hundred and No/00------- ��LA�
<br /> loaned to said mortgagor by The Equi[ablr R�.iid�g and I.oan Association of Grand Island,Nebraska,Moztgagee,upon 135 shates oF stock of .
<br /> said ASSOCIATION,Certificate No,L LL�J o MGIC,do hereb
<br /> y grant, convey and mortgage unto the said ASSOCIATION the following
<br /> described real estate,situated in Hall County,Nebraska: . �
<br /> � A TRACT OF LAND COMPRISING A PART OF LOT ONE VOSS SUBDIVISION, CITY OF GRAND ISLAI'!D,
<br /> HALL COUNTY, NEBRASY.A, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: i;EGIN:VIN6 AT A
<br /> POINT ON THE SOUTH l.INE OF SAID LOT ONE, SAID POINT BEIfJG THREE HllNDRED FIVE AMD ONE
<br /> TENTH FEET WEST OF THE SOUTHEAST CORNER OF SAID LOT ONE; THENCE RUNNING NORTHERLY
<br /> PARALLEL TO THE EAST LINE OF LOT ONE, A DISTANCE OF TWO HUNDRED TEN FEET; THENCE
<br /> RUNNING WESTERLY PARALLEL TO THE SOUTH LINE OF SAID LOT OME A DISTANCE OF SIXTY SIX
<br /> FEET; THENCE RUNNING SOUTHERLY PARALLEL TO THE EAST LINE OF SAID LOT ONE A DISTANCE
<br /> OF TWO HUNDRED TEN FEET TO A POINT ON THE SO�TH LINE OF SAID LOT O�E; THENCE RUNNIPIG
<br /> EASTERLY ALONG THE SOUTH LINE OF SAID LOT ONE A DISTANCE OF SIXTY SIX FEET TO THE
<br /> POINT OF BEGINNING, SUBJECT TO THE ROAD RIGHT OF 41AY ON THE SOUTH SIDE.
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<br /> ��..s together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window ureens, �
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and ptumbing and water equipment and accessories thereto,pumps,stoves,
<br /> .. � refrigeraton,and other fixtures and equipment now or hereafter attached to or used in connection with said real estata � - �
<br /> � " � And whereas the said mortgagor has agreed and dces hereby agrce that the mortgagor shall and will pay all taxes and assessments levied or � � ��
<br /> . assessed upon said premises and upon this mortgage and the bond secy�ed �igr by efine the same shall become delinqurnt;to furnish approved � �
<br /> � insurance upon the buildings on said premises situatad in the sum of S 13�5U�.0� payabte to said ASSOCIATION and to deliver to said � �
<br /> ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premius; �
<br /> .�j � In case of default in the performance of any of the terms and conditions of this mortgage or the bond sewred hercby,ihe mortgagee shall, �
<br /> z on demand,be entiNed to immediate possession of the mortgaged prcmises and the mortgagor hereby assigns, transfers and uts over [o the
<br /> �a - � mortgagee all the rents,revenues and income to be derived from the mortgaged prertuses during such time as the mortgage indebtedness shall remain ��� .
<br /> ' unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of repairing said premius and rmting ' .� . �
<br /> �', the same and collecting the rmts,revenues and income,and it may pay out of said income all expenses of repairing said premises and necessary � �
<br /> commissions and expenxs incurred in renting and managing the same and of coqecting rentals therefrom: the balsnce remaining,if any,to be . �
<br /> applied toward the diuharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such . �
<br /> � default,irrespective of any temporary waiver of the same. - �
<br /> -�f These Preunts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or beforc the matuzity of said shares hy . - �'�'
<br /> payment;pay monthly to said ASSOCIATION of the sum specified in the Bond ucured hereby as interest and principal on said loan,on or before �
<br /> �_.+ the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessmrnts levied sgainst said prerttises and on this Mortgage � .
<br /> and the Bond sewred thereby,before delinquency:Furnish approved insurance upon the buiidings thereon in the sum of S�3�'Jr��.�� payable � - . �
<br /> .r to said ASSOCIA'I'[ON:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> '; � the maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and compiy �� • � . �
<br /> � with all the a eements and conditions of the Bond for S this da �ven b the said Mort or to said ASSOCIATION,and com 1 - �
<br /> s� 7 3 500.(�� Y B Y 88B P Y
<br /> with alt the requuements of the Constitution and By-Laws ot'said AS IATION;Ihen thex preunts shall become null and void,otherwiu they �
<br /> shall remain in full force and may be Forecloxd at the option of the said ASSOCIATION after failure for three months to make any oC said �. � .
<br /> payments or be three months in arrears in making said monthly pxymrnts,or to keep and comply with the agreements and conditions of said Bond; � � .
<br /> and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings.
<br /> �� i If there is any change in ownership of the rcal estate mortgaged herein,by sale or otherwise,thm the entire remaining indebtedness hereby � ��
<br /> ' � ucured shall,at the option of The Equi[able Building and Loan Association of Grand Island,Nebzaska,become immediately due and payable without .
<br /> ' �# further�notitt,and the amount zemaining due under said bond,and any other bond for any additional advances made therevnder,shall,from the � � � '
<br /> date of exerciu of said option,bear interest at the maximum legat rate,and this mortgage may then be foreclosed to satisfy the amount due on said � � � �
<br /> bond,and any other bond for additionat advances,together with all sums paid by said The Equitable Bwlding snd Loan Association of Grand Island, � � . � �
<br /> � Nebraska For insurance,taxes and assessments,and abstracting extrnsion charges,with interest thereon, from date of payrttent at the maximum � . . �
<br /> �:.e legat rete. � . .
<br /> ` As provided in the Bond ucured hereby,while this mortgage remains in effect the mortgagee may herwfter advance additional sums to the � � � � �
<br /> �,' makers of said Bond,their assigns or succeuors in interest,which sums shall be within the security of this mortgage the same as the funds originally �
<br /> � ���9 , secured thereby,the to[al amount of principal debt not to exceed at any time the original amount of this mortgage. � � .
<br /> � � a tn;s 12t�asy or January n.n.,i978
<br /> � � u�i
<br /> '°' Donald . Williams
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<br /> � STATE OF NEBRASKA,t
<br /> � COUAITY OF HAI,L S� On this 12th. day of J an uary 19�$ ,before me, -r_ �t
<br /> y'7 "� � � �� the undersgned,a Notary Public in and for said County,personally came �� y .. �f
<br /> Dona7 d J. Wi 11 i ams, a s i ngl e man Wno i s personally known to � t; \
<br />''� � met, � e�EhRf aon . whose name j 5 affixed to the abow instrument as mortgagor and he ��r�j�C ��-` ^�
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<br /> °•� � o6vJ�e��i�lp�i nt to be� �'l l S . . voluntary aM and deed. ,r;�.;;�.�
<br /> -' y hand and Notarisl Seai t!u date aforcmid. � 'i"
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<br /> r � S" � S� E.(F�licE I . . .
<br /> ;�q�C 14���' . Notary Public
<br /> � .. ��j�• 3I, ,c@ �
<br /> � ����`•flF.NEB��"
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