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<br /> �s- 000745
<br /> MORTGAGE �
<br /> MORTGAGE LOAN NO. L 22�99� �
<br /> � KNOWALLMENBYTHESEPRESENTS:That Ronald E. Purdy and Louise A. Purdy, each in his and
<br /> her own right and as spouse of each other,
<br /> ` _____Mortgago,whether one or more,in consideration of Ute sum of �;, �'
<br /> Six Thousand Two Hundred and No/100---------- --------------------
<br /> DOLLARS
<br /> � loaned to setd mortgagor by The Equitable Building and Loan Association of Crand lsland,Nebraska,Mortgagee,upon 62 shares of siock oF . � � �
<br /> said ASSOCIATION, Certificate No.L 22,997 ,do hereby grant, convey and mortgage unto the said ASSOCIA'i'[ON the following
<br /> ' described real estate,situated in Hall County,Nebraska: . �
<br /> LOT SIXTEEN (76) BLOCK ONE (1) IP! BRENTWOOD
<br /> SUBDIVISION IN THE CITY OF GRAND ISLAND,
<br /> HALL COUNTY, NEBRASKA.
<br /> � together with all the tenements,hereditaments and appurtenances thereun[o belonging,inciuding attached floor coverings,al!window sereens, �
<br /> � window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and acceswries thereto,pumps,stoves, � � .
<br /> . . rcfcigerators,and other fixmres and equipment now or hercafter attached to or used in wnnectiun with said reat estate. � � -
<br /> t . And whereas the said mortgagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessments levied or � �
<br /> . assessed upon said premius and upon this mortgage and the bond secured thereby before the same shall become delinqurnt;to furnish approved �
<br /> . insurance upon the buildings on said premises situated in the sum of S6 2OO OO payable to said ASSOCIATION and to deliver to said �
<br /> ` ASSOCIATION the policies for said insurance;and not ro commit or perritit any waste on or about said premises; � �
<br /> i In cau of default in the performance of any of the terms and conditions oF this mortgage or the bond secured hereby,the mortgagee shaU, �
<br /> a � . on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the � .. �
<br /> � mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such tune as the mortgage indebtedness shall remain �
<br /> � . unpaid;and the mortgagee shall have the power to appoint any agent or agrnts it may desire for the purpose of repairing said premises and renting �
<br /> the same and collecting the rents,revenues and income,and it may pay ou[ of said income all expenses of repairing said premixs and neoessary �� . �-� ��
<br /> commissions a�d exprnxs incurred in renting and managing the same and of coilecting rentals therefrom; the balana remaining,if any, to be � �
<br /> ; � app6ed toward[he discharge of said mor[gage indebtedness;these rights of the mortgagee may be exercised at any time during the existmce of such .
<br /> default,irrespective of any lemporary waiver of the same. �
<br /> , j Theu Presents,however,are upon the Condition,That if the said Moctgagor shall repay said Ioan on or beFore the maturity of said shares by �
<br /> � payment;pay monthly to said ASSOCIA'IION of the sum specified in the Bond secured hereby as interest and principal on said loan,on or before � � � -
<br /> �� the Twentie[h 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 /> and the Bond secured thereby,before delinquency:furnish approved insurance upon the buildings thereon in the sum oC��2�0.�� payable �
<br /> � to said ASSOCIATION:repay to said ASSOCIATION upon demand xll money by it paid for such taxes,assessments and insurance with interest at , � �: .
<br /> the maximum legal rate thereon trom date of payment all of which Mortgagor hercby agrees to pay;permit no waste on said premius;keep and comply , � . � � � . �
<br /> ��.. with atl the agreements and mnditions of the Bond for 3 6.200.�� this day given by the said Mortgagor to said ASSOCIATION,and comply � �
<br /> � with all the requirements of the Constitution and By-Laws of said ASSOCIAT[ON; then these prexnts shall become null and void,otherwise thry . � .
<br /> shall remain in full force and may be foreclosed at the option of the said pSSOC1ATION after failurc for thrce months to make any of said � � � ��
<br /> payments 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 /> and Mortgagor agrees to have a receiver appointed forthwith in such forectosure proceedings. � .. ��
<br /> If there is any change in ownership of the real estate mortgaged herein,by sale or otherwise,then the mtire remaining indebtedness hereby � �
<br /> secured shall,at the option of'Ihe Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without .
<br /> further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the �
<br /> date of exerciu of said option,bear interest at the maximum legal rate,and this mortgage may then be forccloxd to satisfy the amount due on said � � �
<br /> bond,and any other bond for additional advances,together with all sums paid by said The Equitable Building and Loan Association oC Grand Island, �
<br /> Nebraska for insurance,taxes and asaessments,and abatracting extension charges, with interest thercon, from date of payment at the maximum � �
<br /> . Iegal rata . . . � .
<br /> As provided in the Bond seaured hereby,while this mortgage remains in effect the morigttgee may hereafter advance additional sums to the �
<br /> maken of said Bond,their assigns or succeuors in intercst,which sums shall be within the ucurity of this mortgage the same as che funds originally � .
<br /> setured thereby,the tota!amou�t of principal debt not to exceed at any time the original amount of this mortgage. �
<br /> e�a�w: d. day of February A.D.,is 78
<br /> � � . ��./ U �� . . .
<br /> .Ronald E. urdy Louise A. Purdy
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<br /> .� . �
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<br /> STATEOFNEBRASKA, � o„��,y� 2nd. a8yor February i9 7g ,beeot�m�, �?
<br /> �(( .COUNTY,OF H.ALL� ,
<br /> � �. " �- ' � � the undersi ed,a NoWry Public in and for said County,personally eame �'� ���� x �
<br /> Ronald A. Purdy and Louise A. Purdy, each in his an�her own right and as spouse of each � % ..
<br /> 4- who are P�rsonally known to 1?
<br /> �F, .�
<br /> �? � t�e�Cilt � peraon 5 � whoae name s are effuced to the above insxrument as mortgagor S and they xverally � , i. , r��i�
<br /> ,�a���p1���9t1��i n,m�nc to�x � thei r ���q*y act and deed. ''� '�,"''��.
<br /> � s'O:�. .. . . f� S my hand and Notarial Seal the date aforosaid. � � � .. ��y'�,,.,-„"..
<br /> MO7ARY �,y � pII� �
<br /> �' CObtlYitSS10N-Z 'ssion ex es �� ` �\/ ,n�{o �-� {'
<br /> �� � �WiiES 1M.1�.aAA( _�� V
<br /> . .�T�� .�0.� i7 ' �Tutary Publi�
<br /> qT�"OF HEBRAS�� �
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