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<br /> �s— Uoo�s�
<br /> MORTGAGE
<br /> t MORTGAGELOANN0. � 23�OOZ
<br /> " � KNOWALLMENBYTHFSEPRESENTS:That Rudolf F. Plate and Jeannice R. Plate, each in his and :
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<br /> her own right and as spouse of each other and Tim C. Plate, a single person `
<br /> Mortgagor,whether one or more,in consideration of the wm of
<br /> ^ Forty Thousand Eiq�,t Hundred and No/100------------------------------------------ �LLa�s `
<br /> ��s� � .loaned�to said mortgagor by The Equitable Building and Loan Association oCGrand[sland,Nebraska,Mortgagee,upbn 4Q$ shares of stoek of
<br /> said ASSOCIATION,Cert�cate No. L 23���2 ,do heceby grant, convey and mortgage unto the said ASSOCIATION the following �`
<br /> . deseribed rw!estate,situated in Hall Coun[y,Nebwska: ''` � .
<br /> LOT FORTY SIX (46), FONNER VIEW SUBDIVISION,
<br /> IN THE CITY OF GRANQ ISLANQ, HALt COUNTY,
<br /> NEBRASKA.
<br /> together with all the tenements,hereditaments and appurtenances thereunio belonging,including attached floor coverings,all window uzeens, �
<br /> window shades,blinds,storm windows,awnings,heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves,
<br /> refrigeretors,and other fixtures and equipment now or hereatter 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
<br /> assessed upon said premises and upon this mortgage and the bond sec red thereby before the same shall become delinquent;to furnish approved
<br /> insuzance upon the buildings on said premises situated in the sum of S�0�$��_U� payable to said ASSOCIATION and to deliver to said
<br /> ASSOCIATlON the policies for said insurance;and not to commit or permit any waste on or about said prcmius; �
<br /> In case of default in the performanu of any of the terms and condilions of this mortgage or the bond ucured hereby,the moRgagee shalt,
<br /> . on demanJ,be entitled to immediate possession of the mortgaged premises and the mortgagor hercby assigns, transfers and sets over to the
<br /> - mortgagee all the rents,revenues and income to be derived from the mortgaged premises during such time as the mortgage indebtedness shall remain
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desire for the purpou of repairing said premises and renting
<br /> .the same and collecting the rents,revenues and income,and it may pay out of said income all expenus of repairing said premises and necessary
<br /> commissiom and expenses incurred in renting and managing the same and of collecting rentals thercfrom; the balance remaining,if any,to be . ,
<br /> applied toward the diuharge of said mortgage indebtedneu;these rights of the mortgagee may be exercised at any time during the e�cistence of such y
<br /> f default,irrespective oF any temporary waiver of the sama . .
<br /> `= These prexnts,however,are upon the Condition,That if the said Mortgagor shall repay said loan on or before the maturity of said shares by .�
<br /> , j payment pay monthly to said ASSOCIA'I'ION of the sum specified in the Bond secured hereby xs interest and principal on said loan,on or beforc � . �
<br /> ��i . [he Twentieth day of each and every month,until said loan is fully paid;pay ali tvices and assessmrnts levied against said premius and on this Mortgage .
<br /> �- � and the Bopd ucured thereby,before delinquency;furnish approved insurance upon the buildings thereon in the sum of�}Q�$QQ.OQ 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 maximum legal rate thereon from date of payment all of which Mortgagor hereby agrees to pay;permit no waste on said premius;keep and comply
<br /> �� with all the agreements and conditions of the Bond Cor$ 4Q�$QQ.QQ this day given by the said Mortgagor to said ASSOCIATION,and comply �
<br /> � �j with all the requirements of the Constitution and By-Laws of said ASSOCIATION;then these presents shall bncome null and void,otherwise thry � � ..%,�
<br /> `.:i shall remain in full force and may be foreclosed at the option of the said ASSOCIATION aker failure for three months to make any of said �
<br /> �..:j payments or be throe months in arrears in making said monthly payments,or to keep and comply with the agreemmu and conditions of said Bond; � �
<br /> and Moctgagor agrees to have a receiver appointed forthwith in such foreclosure proceedings. �� � � �
<br /> ���e if then is any changein ownership ofthe real estate mortgaged huein,by sale or oiherwiu,then the entire remaining indebtedness hereby ���
<br /> ��{ secund shall,at the option of The Equitable Building and L.oan Auociation of Grand Island,Nebcaska,bernme 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 exercise of said option,bear interest at the maximum legal rate,and thi3 mortgage may thm be forecloud to satisfy the amount due on said � � �
<br /> ����= bond,and any other bond for additional adwances,together with all sums paid by said The Equitable Building and Loan Association of Grand[sland, � . � �� �
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<br /> � � Nehraska for insurana,taxes and assessments,and abstracting extension charges, with interest thereon, from date of payment at the ma�cimum � � . �
<br /> legal rate.
<br /> -�� , As provided in the Bond xcured hereby,while this mortgage remains in effect the mortgegee may hereafter advance 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 originally � � � �
<br /> ,` .secured thereby,the total amount of prineipal debt not to exceed at any time the originai amount of this mortgage. . �� �
<br /> ; a pac�a n;s 7t aay er Feb ruary n.,iv 78
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<br /> dol -'F.- at �„� Tim C. Plate
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<br /> STATEOFNEBRASKA,�� Onthls 7th. dayof February 197$ ,beforeme, -.'
<br /> COUNTY OF HALL , —c-e'
<br /> %',� ��� � �� � � � the undersigned,a Notary Public in and for said County,personally came .
<br /> "t Rudolf F. Plate and Jeann'. , Plate, each in his and her own right and as spouse of each ? '
<br /> � other, and Tim C. Pla a�i�q� erson Wn� are personallyknownto �' ;
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<br /> k ;'� me w be the identical person 5 v�Q'vy��e�it��(� aff"axed to the above Instrumrnt as moRgagor S and tfle,Y sevezslly �;,
<br /> y, � acknowledged the asld inst d�Q� the����9�p tary act and d«d. �; ,,��v
<br /> ) WIINESS m�I w�i���C�ihe u aforosaid. � ,.�
<br /> ; atYco� •�d�;��� xes /`�� Li�:G��~ oT� �
<br /> � �l-•L r�-1 `
<br /> .i. , ���� , . . � �,:.��,�`Q . Notary Public
<br /> : ` lF CF t���4'
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