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<br /> MORTGAGE
<br /> ' MORTCACE LOAN NO. L 22 s 982 '
<br /> r IQYOWALLMENBYTHESEPRESENI'S:That Mary E. Shannon, d S111J1E PEI"SO�1
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<br /> ' _ Mortgagor_whether one or more,in consideration of the sum of . °'-
<br /> ; Sixteen Thousand and No/100------------------ -------------- �LLwxs
<br /> � doaned to said mortgagor by The Equitable Building and I.aan Auociation of Crand Island,Nebraska,Mortgagee,upon 160 shares of stock of
<br /> ' aatd ASSOCIATION,Certitcate No. L 22.982 ,do hereby grant, convey and mortgage unto thc said ASSOCIATION the following
<br /> �t described real estate,3ituated in Hall County,Nebraslca: �
<br /> ALL OF LOT FOUR (4) IN BLOCK NINETY THREE (93),
<br /> IfJ ORIGIfJA! TDWN, NOW CITY OF GRANQ ISLAND, HRLL
<br /> ` COUNTY, NEBRASKA.
<br /> Subject to a prior mortgage to the mortgagee herein
<br /> as to the Northerly Z of said lot in the principal
<br /> amount of $18,000.00, dated June 23, 1972, and recorded
<br /> in book 158 of Mortg ages at Page 60 in the mortgage
<br /> records of Hall County, Nebraska.
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<br /> � together with all the tenements,hereditaments and appunenances thereunto belonging,induding attached tloor rnverings,all window screens, ��
<br /> � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,atoves,
<br /> refrigerators,and other fixtures and equipment now or hereaFter attached to or used in cunnection with said rea!estate.
<br /> ? � And whercas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and asxssments levied or �
<br /> ? auessed upon said premius and upon this mortgage and the bond uc r d et eby before the same shap become delinqueat;to furnish approved �
<br /> .�: . insurance upon the buildings on said premises situated in the sum of S������1-U� payable to said ASSOCIATION and to deliver to said ,
<br /> ASSOCIAT[ON the policies for said insurance;and not to commit or permit any waste on or about said premises;
<br /> � �! [n case of default in the performarice of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shaII, �
<br /> :��. ' � on demand,be entitled to immediate posussion of the mortgaged premises and the mortgagor hereby assigns, transfers and uts over to the �
<br /> _:� mortgagee all the rents,nvenues and inwme to be derived from the mortgaged premises during such time az the mortgage indebtedneu shall remaia �
<br /> unpaid:and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou oF repairing said premius and renting
<br /> • the same and collecting the rents,revenues and income,and it may pay out of said income all expenses of repairing said premius and necessary -�
<br /> ��} . � wmmissions and expenses incurred in renting and managing the same and of col]ecting rentals therefrom; the balance remaining,if any,to be �
<br /> applied toward the discharge of said mortgage indebtedness;these rights of the mortgagee may be exercixd at any time during the existence of such � � �
<br /> .��.F default,irrespective of any temporary waiver of the same. � . . .
<br /> These Prexnts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturiry of said shares by
<br /> � payment;pay moathty to said ASSOCIATION of the sum specified in the Hond secured hereby as interest and principal on said loan,on ar before � � �
<br /> .i the Twentieth day of each and every month,until said Joan is fully paid;pay all taxes and asseuments levied against said premises and on this Mortgage �� �
<br /> and the Bond ucured thereby,beCore delinquency;furnish approved insurance upon the buildings thereon in the sum of S �6 s��0.Q� payable � �
<br /> j � to said ASSOCIATION;repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessmmts and insurence with interest at �
<br /> � the maximum legal rate theroon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and wmply . �
<br /> with all the agreements and conditions of ihe Bond for S�6 a���.OQ this day given by the said Mortgagor to said ASSOCIATION,and comply
<br /> _ � with atl the nquiremrnts of the Constitution and By-I.aws of said ASSOCIATION; thm these presents shall become null and wid,othenviu they � �
<br /> . j shall remain in full force and may be forccloxd at the option of the said ASSOCIATION after failure for three months to make any of said �
<br /> payments or be three months in arrears in making said mon[hly payments,or to keep and comply with the agreements and conditions of said Bond; �
<br /> j and Mortgagor agrees to have a receiver appoin[ed forthwith in such foreclosure proceedings. � � ..�
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<br /> t If there is any change in owncrship of the rea!estate mortgaged herein,by sale or otherwise,thm the enYue remaining indebtedness henby � � � �
<br /> � � secured shall,at the option of The Equitabk Building and Loan Association of Grand[sland,Nebraska,become immediately due and payable without
<br /> :�•�� further notice,and the amount remaining due under said bond,and any uther bond for any additional advances made thereundeq shall,from the .
<br /> ._j date of exerciu of said option,bear interest at the maximum legal rate,and this mortgage may then be foreclosed to satisfy the amount due on said
<br /> bond,and any other bond for additiona!advanxs,together with all sums paid by said The Equitable Building and Loan Associstion of Grand Island. � �
<br /> ��# � Nebraska for insurance,taxes and assessments,and abs[racting extmsion charges, with interest thereon, from date of payment at the maximum � �
<br /> .:-�i legal rate. .
<br /> �a As provided in ihe Bond securcd hereby,while this mortgage remains in effect the mortgagee may hereafter advana additional sums to the
<br /> ,� � makers of said Bond,their assigns or successors in interest,which sums shall be within the security of this mortgage the same as the funds origina(ly �
<br /> � secured thereby,the total amount oC principa!debt not to exaed at any time the original amount of this mortgage. �
<br /> t ns�eacws 2,O,Il dayof January A.D.,�v 78
<br />; � 1 - '' . Q. �r."tl�sr�,--
<br />;,� Mary E. Shannon
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<br /> :� STA1'EOFNEBRA.SKA,t� on:ws 20th � of Januar 78 x:, `
<br /> .} COUNTY OF HA1,L j y y 19 ,before mq �_
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<br /> t � . -. �. the undersigned,a Notary Publie in and For said County,perwnally came � � �,� '� y�,
<br /> �� �1a hannon, a single person, is � '_
<br />�� . . � who personally known to �
<br /> -.d -t�,�qCi raon whoae natne 15 affixed to[he above instrument as mort
<br /> a .�. a, .. . Bagor and Sh2 X�y�;F � i �'�
<br /> -s�dlle�g�bqRsaaid rvmene tobe he1^ voluntary act and deed. � x ,,�;,;°�
<br /> `� � NO7kRY �T� mY�d and Notarial Sesl the date aforesaid. A+� "�`
<br /> ` � COF,t-d .OY � { � . .
<br /> � `�� < I�r ission expires \`k�/�``,r,� Q �
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<br /> �1 • j� Sl .l�;o���. Notary Publlc � :.
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