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<br /> � MORTGAGE
<br /> �� MORTGAGE LOAN NO. � ' +'
<br /> KNOWALLMENBYTHESEPRESENTS:That 7dR125 E. ROSS and Janet M. ROSS� each lYt h75 and her ?
<br /> =;� own right and as spouse of each other
<br /> � MoRgagor,whether ont or more,in consideration of the aum of
<br /> Thirty Five Thousand and Five Hundred and No/100------------------------__________ �L�� T
<br /> � . loaned to said mortgegor by The Equitable Building and Loan Association of Grand Island,Nebraska,Mortgagee,upon 355 shares of stock of -
<br /> ; said ASSOCIATtON,CeRificate No.L 22,g91 ,do hereby grant, comey and mortgage unto the said ASSOCIA'fION the following
<br /> ,�,7 descrlbed real estate,situated in Hall County,Nebraska:
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<br /> ' LOT EIGHT (8) ROSS HEIGHTS SECOND 1
<br /> SUBDIVISION, HALL COUNTY, NEBRASKA.
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<br /> � together with ali the tenemmts,hereditaments and appurtenances thereunto belonging,including attached tloor coverings,all window screens,
<br /> � window shades,blinds,storm windows,awnings,h�ating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, �� ���
<br /> � � refrigerators,and other fixtures and equipment now or hereafter attached to or used in connection with said reat estate. .c i�,;
<br /> � And whereas the said mortgagor I�as agreed and dces hereby agree that the mortgagor shall and will pay all taxes and auessments levied or � �
<br /> - � � . assessed upon said premius and upon this mortgage and the bond secu d �j,e ebx before the same shall become delinquent;to Furnish approved ` '
<br /> � insurance upon the buildings on said premises situaced in the sum of 5 3�a�u�.U� payab�e to said ASSOCIA710N and to deliver to said " 3�
<br /> 3 . ASSOCIATION the policies for said insurance;and not to commit or permit any waste on or about said premises; Er
<br /> .� In qu of default in the performance of any of the terms and condi[ions of this mortgage or the bond securcd hereby,the mortgagee shall, �
<br /> on demand,be entitled to immediate posxssion of the mortgaged premius and the mortgagor hereby assigns, transfers and set: over [o the
<br /> ; � mortgagee all the rrnts,revenues and income to be derived from the mortgaged premises daring such time as the mortgage indebtedness shall remain ��
<br /> �i . unpaid;and the mortgagee shall have the power to appoini any agent or agents it may desim for the purpose of repeiring said ptemises and rrnting
<br /> r the same and collecting the rmts,revenues and income,and it may pay out of said income all expenxs of repairing said premixs and necessary '
<br /> .�� commissions and expenses incurred in renting and managing the same and of collecting rmtals ffierofrom; the balana remaining,if sny,to be . a E'
<br /> ..� applied toward the discharge of said mortgage indebtedness;theu rights of the mor[gagee may be exercised at any time during[he existence of such �
<br /> default,irrespective of any temporary waiver of the same.
<br /> �- � Thex Preunts,however,are upon the Condition,That if the said Mortgagor sha�l repay said loan on or before the maturity of said sttarcs by _ y;�
<br /> payment;pay monthly to said ASSOCIATION of the sum speci�ed in the Bond secu�ed 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 assessments levied against said premixs and on Uvs Mortgage
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<br /> 'j� and the Bond secured thereby,before delinquenry;furnish approved insurance upon the bulldings therebn in the sum of S35�'rJO�.�� payable
<br /> -� � to said ASSOCIATION:repay to said ASSOCIATION upon demand all money by it paid for such taxes,assessments and insurance with interest at
<br /> the xnaximum legal rate thereon from date of paymrnt all of which Mongagor hereby agrees to pay;permit no waste on said premises;keep and comply ��
<br /> with all the agreements and conditions of the Bond for$ 35�5��.��this day given by the said Mortgagor to sald ASSOCIATION,and comply � �
<br /> . . with all the requirements of the Constitution and By-Laws of said ASSOCIAT(ON;then these preunts shall become null and wid,otherwix they �
<br /> ' shall remain in full force and may be foreclosed at the option of the said ASSOCIATION after failure for three months tu make any oF said �
<br /> :�i - payments or be three months in arrears in making said monthly paymrnts,or to keep and comply with the agreements and conditions oF said Bond• �
<br /> �} � and Mortgagor agees lo have a receiver appointed forthwith in:uch foreclosure proceedings. � ' � . ��
<br /> � If there is any change in ownenlup oF the real estate mortgaged herein,by sale or otherwise,then the rntire remaining indebtedness hereby '
<br /> j � secured shall,at ths option of The Equitable Building and Loan Association of Grand Island,Nebraska,bewme immediately due and payable without � �
<br /> ,_;� further notice,and the amount remaining due under said bond,and any o[her bond for any additional advances made thereunder,shall,from the
<br /> � � . date of exercix of said option,bear interest at the maximum legal rate,and this mortgage may then be foredoud to satisfy the amount due on said . � �
<br /> .�2 bond,and any othez bond for additional advances,together with atl sums paid by said The Equitable Building and Loan Auociation of Grand Island,
<br /> �..a Nebraeke for insurance,taxes and auesammts,and abstracting extension charges, with interest thereon,from date of payment at the maximum
<br /> legal rate. � .
<br /> �f As provided in the Bond secumd hereby,while this mortgage remains in effect the mortgagee mey hereaher advance additional sums to the � �
<br /> � makers of said Bond,their assigns or successors in interest,which sums shall be within the ucurity ot dus mortgage the same as the funds originally
<br /> ^� � d thereby,the total amount of principal debi not to exceed at any time the original amount of this mortgage. -
<br /> +:x Datedthis 30th Januar
<br /> .� Y A.D. 19 78
<br /> 'i aroes E. R ne M. oss
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<br /> S'!'ATE OF NEBRASKA, „��
<br /> " COUN1'1 OF HALI.��� On this 30th day of January 19 �$ ,before me, "'�='µ :
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<br /> the undersigned,a Notary Publio in and for said County,personallx came �;}
<br /> ,. James•E. Ross and Janet M_ Ross, each in his and her own right and as spouse of eacn � ' ��
<br /> Oth2T'� wbo are P�sonally known to r
<br /> me to�be the identteal person�5 whose name s . are affixed to the above inrtnunent�as mort or 5 �d they u���y r�t.
<br /> a�owtea thei r .� �a�4_; j
<br /> ged the said�lnstrurnent to be wluntary act aad deed. - - � -
<br /> WITNESS my haed aad Notariai Seal the date aforcsaid. !r ' ^? ` y"�'
<br /> � � � My Commiuion e _ ... .. � -� � .� "T /; . , .
<br /> �,_,h.c- _ __ � ����.�- �"I/ �-G� z��'"z�
<br /> s �.,_W� �f _,z_as ' ��� ./ Nvr�r P a�T`_
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