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<br /> MORTGAGE 78 v O O`t 13 ,..
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<br /> � MORTGAGELOANNO. L22+97� 4�,
<br /> }' KNOWALLMENBYTHESEPRESENTS:That Eusedio L. Medina and Ste11a G. Medina, each in his 1 ��
<br /> �i, and her own right and as spouse of each other,
<br /> � � � MoRgagor,whether one or more,in cotnideration of the sum of � ; •� �
<br /> � _Nine Thousand Six Hundred and tJo/100-------------------------------------------- �I,L,Axs '
<br /> -j loaned to said mortgagor by The Equitable Building and Loan Auooiation of Grand Island,Nebraska,Mortgagee;upon' 96 shares of stock of
<br /> s� said ASSOCIATION,Certificate No.L 22>977 ,do hereby grant,convey and mortgage unto the said ASSOCIqTION the following
<br /> described real estate,situsted in Hall County,Nebraska:
<br /> �
<br /> LOT ONE (1) IN BLOCK ONE (1) OF GIDEON'S
<br /> � ADDITION TO THE YILlAGE OF DONIPNRN, HALL
<br /> COUNTY, P�EBRASKA.
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<br /> t :,
<br /> °:t
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<br /> `j� together with all the tenements,hereditaments and appurtenances thereunto belonging,including attached floor coverings,all window urerns,
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thercro,pumps,stoves, �
<br /> �:�i refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said real estate.
<br /> � And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or � r
<br /> �� assessed upon said premises and upon this mortgage and the bond secqrec� �j�,ereby before the same shell become delinquent;to fwrtish approved
<br /> .� insurance upon the buildings un said premises situated in the sum of$`J,6�U.OU payable to said ASSOCIATION and to deliwr to said
<br /> - ASSOCIATION the policies for said insurance;and not to commit or permi[any waste on or about said premises: � �
<br /> � In cau of default in the performance of any of the terms and condi[ions of this mortgage or tlae bond secured hereby,the mortgagee shall, .�
<br /> -�i on demand,be entided to immediate possession of the mortgaged premius and the mortgagor hereby assigns, transfers and uts over to the �
<br /> ` � mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as ffie mortgage indebtedness shall remain
<br /> � � uapaid;and the mortgagee shall have[he power to appoint any agent or agents it may desire for the purpou of repauing said premixs and rrnting
<br /> j � the same and collecting the rents,revenues and income,and it may pay out of said income all expenses oC repairing said premius and necessary �'.���
<br /> 5 , commissions and exprnses incurred in renting and managing the same and of wllecting rentals therefrom; the batance remaining,if any,to be � � n;M1
<br /> � applied toward the diuharge of said mortgage indebtedness;these rights of the mortgagee may be exeroiud at any time during the existence of such � �
<br /> ',�� � default,irrespective of any temporary waiver of the same. _ � .
<br /> i��4 These Prcunts,however,are upon the Condition,That if the said�tortgagor shall repay said loan on or before the maturity of said shares by � ``�'
<br /> ��z payment;pay monthly to said qSSOCIATION of the sum specified in the Bond ucured heroby as interese and principal on said loan,on or betore � �
<br /> �.E the Twentieth day of each and every month,until said loan is fully paid;pay all taxes and assessments levied against said premises and on this Mortgage �
<br /> f and the Bond secured thereby,before delinqurncy:fumish approved insurance upon the buildings thereon in the sum of S9 s 6�0.�0 payable
<br /> �'! to said ASSOCIATION;repay to said ASSOCLATION upon demand all money by it paid for such taxes,assessmmts and insurance with interest at � �
<br /> '; the maximum legal rate therwn from date of payment all of which Mortgagor hereby agrees to pay:permit no waste on said premises;keep and comply � . � � . �
<br /> �,� � with all the agreements and conditions of the Bond for$9 a 6�0.�� this day given by the said Mortgagor to said ASSOC1AT10N,and rnmply � � �
<br /> t with all the requirements of the Constitution and By-L.aws of said ASSOCIATION;then these presents shail become null and void,otherwiu they �
<br /> .� shall remain in full fortt and may be forecloud at the option of the said ASSOCIATION after faIIure for three months to make any of said � � �
<br /> �� paymrnts or be three months in arrears in making said monthly payments,or to keep and comply with the agreements and conditions of said Bond; � �.
<br /> �,i and Mortgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. .
<br /> ? If there is any change in ownership of the real estate mortgaged herein, by sale or otherwise,thrn the entire rema'uting indebtedness hereby � � .. � . .
<br /> secured shall,at the option of The Equitable Building and Loan Association of Grand Island,Nebraske,become immediately due and payable w(thout � �
<br /> .��` ��. further notice,and the amount remaining due under sald bond,and any other bond for any additional advances made thereundet,shall,from the � � � �
<br /> �,�,f date of exercise of said option,bear intuert at[he maximum legal rate,and this mortgage may thrn be foredosed to satisfy[he amount due on said � .� . �� � .
<br /> �:.j�. bond,and aay other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association of Grand island, � �
<br /> Nebraska�for insurance,taxes and assessments,and abstracting extension charges,with interest thereon,from date of payment at the maximum - � � �
<br /> lega!mta
<br /> ��: As provided in the Bond xcured hereby,while[his mortgage rcmains in effect the mortgsgee may hereafter advance additional sums to the .
<br /> �.f . � �makers of said Bond,theu assigns or successors in interest,which sums sha11 be within the security of tlais mortgage the same as the funds originally � . �
<br /> ����secured thenby,the total amount of principal debt not to exceed at any time the original amount of this mortgaga � � �
<br /> ; Datedthpis 1Fith. dayof January A.D.,iv 78
<br /> ���� � �i���:,.,,dw.a �. � _ /Z9�w- �
<br /> ..3 Eusedio L. Medina S ella G. Medina
<br /> t� STA7E OF NEBRASKA,
<br /> � sn. On this 16th. day of Jan uary 19 �$ ,before me, �'
<br /> �.,-COUNTY OF HALL�
<br /> (he u dersigned a Notary Public ip for County, rsonal! e '�
<br /> � Eusedi o L. Medi na and Stel l a G. Medi na, each i n �ii s and her own ri g�'i`� an�as sp8use oYfi`�" J
<br /> � . , each other, who dPe peraonally known to �
<br /> me to be the identical peraon S whose name S hc"e afflxed to the above ins nt as mo gagor S and they xverally �"�
<br />�a� adrnowledgad the said inatnunent to be th21 T' valuntary act and deed_ j�x w �
<br /> �� WITNESS my hand and Notarlel Sesl the date aforeaid. +�,s �^°'�
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<br /> , My Commiss�oa expires �_
<br /> . , � �`••• t, r ..�R la6rasia � .'�� . .L .
<br /> •�i ai-na ni � , t Li Not` ub
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